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Honduras

Honduras' economy in 2025 is projected to grow between 3.3% and 4%, supported by strong domestic demand, steady inflows of family remittances—equivalent to around 20% of GDP—and rising public investment at historic levels targeting productive sectors such as agriculture, infrastructure, energy, health, and education. Economic growth is primarily driven by the manufacturing and maquila industries, notably textiles and apparel, which benefit from nearshoring trends and preferential access to the U.S. market under CAFTA-DR. These industries are concentrated around key economic hubs such as San Pedro Sula, fostering job creation and export growth.

Agriculture remains critical, accounting for about 14% of GDP, with coffee, bananas, palm oil, and seafood as leading exports. Efforts to modernize agriculture focus on sustainable farming, value-added production, and certified organic goods, catering to growing demand from North American and European markets. Public and private investments are revitalizing infrastructure, including transportation networks, urban housing, and energy projects, supported by international development banks and climate finance aimed at enhancing resilience and connectivity.

Honduras is a regional leader in renewable energy, with over 60% of electricity generated from hydro, solar, and biomass sources, supported by favorable regulations and public-private partnerships. Open trade policies and free trade agreements with the U.S., Mexico, Colombia, and the EU foster an attractive investment climate, with tax and customs incentives established in Free Zones (Zonas Francas).

Inflation is expected to moderate to about 4%, supported by prudent monetary policies, while unemployment has been declining steadily and is projected to improve further with expanding investment and economic activity. Despite these positive trends, Honduras faces persistently high poverty and inequality rates, especially in rural areas, which require continued focus on social inclusion, education, and workforce development.

Overall, Honduras in 2025 offers a growing and dynamic business environment characterized by export diversification, infrastructure expansion, renewable energy leadership, and growing nearshoring opportunities. Its strategic location, competitive labor force, and improving macroeconomic stability make it a promising destination for both regional and international investors seeking growth and long-term development in Central America.

Payment methods in Honduras: