Overview

Honduras remains one of the poorest and most unequal countries in the LAC region. In 2020, as a result of the pandemic and Hurricanes Eta and Iota, the share of the population living under poverty reached 57.7 percent, an increase from 49.5 percent in 2019.

In order to create more opportunities for the Honduran population, especially the most vulnerable, higher economic growth must be fostered, productivity and competitiveness increased, and inclusion promoted by improving access to quality services and jobs. At the same time, institutional reforms are needed in critical areas, such as the sustainability of the energy sector, governance, and the business environment.

Honduras also faces the challenge of strengthening resilience to climate change and improving governance and the quality of institutions, for example through greater transparency and independence of constitutional authorities.

Source: World Bank 2024