Honduras officially the Republic of Honduras is a republic in Central America. It has at times been referred to as Spanish Honduras to differentiate it from British Honduras, which became modern-day Belize. Honduras is bordered to the west by Guatemala, to the south west by El Salvador, to the south east by Nicaragua, to the south by the Pacific Ocean at the Gulf of Fonseca, and to the north by the Gulf of Honduras, a large inlet of the Caribbean Sea.
Honduras is a low middle-income country that faces major challenges, with more than 63 percent of the population living in poverty in 2014, according to official data. In rural areas, approximately six out of 10 households live in extreme poverty, or on less than US$2.50 per day. Since the 2008-2009 global economic crisis, Honduras has experienced a moderate recovery, driven by public investments, exports and higher remittances. In 2015, the country’s economyThe management of money, currency and trade of a nation. The... grew by 3.6 percent and is expected to grow by 3.5 percent in 2016.
Facts: Republic of Honduras CapitalThe net worth of a business, including assets, cash, propert...: Tegucigalpa, Population: 7.9 million, Area: 112,492 sq km (43,433 sq miles), Major languages: Spanish, indigenous languages and English, Major religion: Christianity, Life expectancy: 71 years (men) and 76 years (women), Currency lempira.
Important Details
- Country ISO3: HND
- Country Code: 340
- Income Group: Latin America & Caribbean
- Lending Category: Lower middle income
- Region: IDA
- Currency Unit:Honduran Lempira (HNL)
- WTO Member: YES
- TradeThe buying and selling or exchange of goods and services. Th... organisations: DR-CAFTA, WTO
- world rank: 113
- Regional Ranking: 19th in the South and Central America/Caribbean Region
