features a round emblem encircled by the words
REPUBLICA DE EL SALVADOR EN LA AMERICA CENTRAL centered in the white
band; also similar to the flag of Nicaragua, which features a
triangle encircled by the word REPUBLICA DE NICARAGUA on top and
AMERICA CENTRAL on the bottom, centered in the white band

Honduras Economy

Economy - overview: Honduras, one of the poorest countries in the
Western Hemisphere, 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
reconstruction from 1998's Hurricane Mitch is at an advanced stage,
and the country has met most of its macroeconomic targets, it failed
to meet the IMF's goals to liberalize its energy and
telecommunications sectors. Economic growth has rebounded nicely
since the hurricane and should continue in 2001.

GDP: purchasing power parity - $17 billion (2000 est.)

GDP - real growth rate: 5% (2000 est.)

GDP - per capita: purchasing power parity - $2,700 (2000 est.)

GDP - composition by sector: agriculture: 16.2%

industry: 31.9%

services: 51.9% (1999 est.)

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

Household income or consumption by percentage share: lowest 10%:
1.2%

highest 10%: 42.1% (1996)

Inflation rate (consumer prices): 11% (2000 est.)

Labor force: 2.3 million (1997 est.)

Labor force - by occupation: agriculture 29%, industry 21%, services
50% (1998 est.)

Unemployment rate: 28% (2000 est.)

Budget: revenues: $607 million

expenditures: $411.9 million, including capital expenditures of
$106 million (1999 est.)

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

Industrial production growth rate: 4% (1999 est.)

Electricity - production: 3.319 billion kWh (1999)

Electricity - production by source: fossil fuel: 44.71%

hydro: 55.29%

nuclear: 0%

other: 0% (1999)

Electricity - consumption: 3.232 billion kWh (1999)

Electricity - exports: 0 kWh (1999)

Electricity - imports: 145 million kWh (1999)

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

Exports: $2 billion (f.o.b., 2000 est.)

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

Exports - partners: US 35.4%, Germany 7.5%, El Salvador 6.4%,
Guatemala 5.8%, Nicaragua 4.8% (1999)

Imports: $2.8 billion (f.o.b., 2000 est.)

Imports - commodities: machinery and transpor