A lower middle-income country, Honduras is the second poorest country in Central America (IFAD 2012). In 2010, the country had a per capita income of about US$1,880. Honduras’s economy is based largely on the international trading of agricultural commodities and manufactures, making it the most open economy in Central America; this has also made it particularly susceptible to the 2008-09 global financial downturn. Remittances and exports fell sharply during this period, with GDP growth falling by around 2 percent in 2009 (World Bank).
- 8,07518,550,026,035 $2,270 $1,316,679,827 $2.90 %4.91 %207.7462.80 %