Honduras economic activity grows 3.5% through April, boosted by agriculture

Honduras experienced a robust economic expansion, with its Monthly Economic Activity Index (IMAE) growing by 3.5% between January and April. This positive performance was primarily fueled by a surge in agro-industrial exports and a dynamic domestic consumption.

The country's production demonstrated "signs of strength," largely attributed to heightened external demand for crucial products such as coffee, bananas, pineapples, melons, and watermelons. The Central Bank of Honduras (BCH) also noted that favorable trends in family remittances and job creation bolstered household incomes, subsequently stimulating consumption and supporting the expansion of national production.

This economic upswing occurred within a challenging international context marked by geopolitical tensions, which have disrupted major maritime routes like the Strait of Hormuz. These global transit interruptions have led to increased logistics costs, driving up prices for fuels and various imported inputs. Despite these global pressures, Honduras's economy shows resilience.

The year-on-year variation of the IMAE stood at 1%, lower than the 1.8% reported in the same period of 2025. However, the trend cycle of the IMAE increased by 2.5%, indicating continued positive signals for productive activity. Sectors significantly contributing to the economic performance included financial intermediation (11.8%), commerce (5.3%), postal and telecommunications (4.2%), agriculture, livestock, forestry, and fishing (4.6%), transport and storage (7.9%), and manufacturing (1.1%). The BCH projects Honduras's economy to grow between 3% and 4% in 2026, with inflation around 4%.