More Fact About Honduras

Economy - overview:

Honduras, one of the poorest countries in the Western Hemisphere with an extraordinarily unequal distribution of income, is banking on expanded trade privileges under the Enhanced Caribbean Basin Initiative and on debt relief under the Heavily Indebted Poor Countries (HIPC) initiative. While the country has met most of its macroeconomic targets, it failed to meet the IMF's goals to liberalize its energy and telecommunications sectors. Growth remains dependent on the status of the US economy, its major trading partner, on commodity prices, particularly coffee, and on containment of the recent rise in crime.

Unemployment rate: 28% (2001 est.)

Population below poverty line: 53% (1993 est.)

Industries: sugar, coffee, textiles, clothing, wood products

Agriculture-products: bananas, coffee, citrus; beef; timber; shrimp

Exports - commodities: coffee, bananas, shrimp, lobster, meat; zinc, lumber

Currency: lempira

http://www.honduras.com/vital-statistics/