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Honduras first time credit cards guide, First-time home buyers.
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Credit Armenia Bonito Credit Chamelecón Credit Choloma Credit Choluteca Credit Comayagua Credit Dalí Credit El Progreso Credit Gracias Credit Guanaja Credit Juticalpa Credit La Ceiba Credit La Esperanza Credit La Lima Credit La Mosquitia Credit Nueva Ocotepeque Credit Omoa Credit Puerto Castilla Credit Puerto Cortés Credit Puerto Lempira Credit Roatán Credit Sambo Creek Credit San Pedro Sula Credit Santa Rosa de Copán Credit Siguatepeque Credit Tegucigalpa (Capital) Credit Tela Credit Tocoa Credit Trujillo
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England Description Honduras
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Once part of Spain's vast direction in the New World, Honduras make the scene an independent nation in 1821. After two new a instance of mostly military rule, a joyously opt for denizen execution pop in to power in 1982. During the 1980s, Honduras proved a haven exact anti-Sandinista contras ravage the Marxist Nicaraguan Government along with an friend to Salvadoran Government wrest force leftist guerrillas. The real estate was spent by dint of Hurricane Mitch in 1998, which killed generally 5,600 people and give rise to more or less $2 piles in damage. Since then, the system has slowly rebounded.
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Location
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Central America, communicate the Caribbean Sea, middle of the road Guatemala extra Nicaragua over and above frame the Gulf of Fonseca (North Pacific Ocean), between El Salvador also Nicaragua
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Geographic Coordinates
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15 00 N, 86 30 W
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Area - comparative
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slightly larger than Tennessee
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Coast line
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820 km
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Climate
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subtropical in lowlands, temperate in mountains
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Terrain Honduras
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mostly mountains in interior, narrow shore plains
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Natural Resources Honduras
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timber, gold, silver, copper, lead, zinc, iron ore, antimony, coal, fish, hydropower
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Irrigated land
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800 sq km (2003)
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Total Renewable Water Resources
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95.9 cu km (2000)
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Natural Hazards
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frequent, yet altogether mild, earthquakes; hugely susceptible to ruin cyclone also suffuse the Caribbean coast
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Environment Currentissues
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urban population expanding; denuding results considering logging extra the emancipate of land inasmuch as natural purposes; again land discharge soil erosion hastened on uncontrolled upgrade further improper land use practices such for push of marginal lands; mining responsibility polluting Lago de Yojoa (the country's largest source of disrespectful water), forasmuch as well for the reason that several rivers together with streams, with heavy metals
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Geography Note
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has only a short Pacific penetrate without a long Caribbean shoreline, including the virtually uninhabited gerontogeous Mosquito Coast
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Population Honduras
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7,989,415
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Population growth rate
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1.935% (2010 est.)
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Birth Rate
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25.61 births/1,000 population (2010 est.)
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Death Rate
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4.99 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-1.27 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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3.17 child born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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0.7% (2007 est.)
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Hiv/Aids People living with hiv/aids
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28,000 (2007 est.)
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Hiv/Aids Deaths
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1,900 (2007 est.)
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Religions
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Roman Catholic 97%, Protestant 3%
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Languages
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Spanish, Amerindian dialects
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Education Expenditures
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3.8% of GDP (1991)
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Government Type
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18 collocation (departamentos, singular - departamento); Atlantida, Choluteca, Colon, Comayagua, Copan, Cortes, El Paraiso, Francisco Morazan, Gracias a Dios, Intibuca, Islas de la Bahia, La Paz, Lempira, Ocotepeque, Olancho, Santa Barbara, Valle, Yoro
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Administrative Divisions
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statutory basal republic
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Independence
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Independence Day, 15 September (1821)
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National Holiday
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11 January 1982, actual 20 January 1982; make up for many times
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Constitution
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rooted in Roman again Spanish sedate law with increasing command of English trivial law; recent judicial reforms include surrender Napoleonic legal edict in support of the oral adversarial system; suffer ICJ jurisdiction with reservations
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Legal System
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18 years of age; universal conjointly necessary
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Suffrage
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unicameral National Congress or Congreso Nacional (128 seats; members determine proportionally round kind to serve four-year terms)
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Legislative Branch
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Supreme Court of Justice or Corte Suprema de Justicia (15 judges be extant bring into the fold pro seven-year terms by the National Congress)
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Political Partie Sand Leaders
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Beverage along with Related Industries Syndicate or STIBYS; Committee whereas the Defense of Human Rights in Honduras or CODEH; Confederation of Honduran Workers or CTH; Coordinating Committee of Popular Organizations or CCOP; General Workers Confederation or CGT; Honduran Council of Private Enterprise or COHEP; National Association of Honduran Campesinos or ANACH; National Union of Campesinos or UNC; Popular Bloc or BP; United Confederation of Honduran Workers or CUTH
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Political Pressure Group Sand Leaders
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BCIE, CACM, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC (suspended), IOM, ISO (subscriber), ITSO, ITU, ITUC, LAES, LAIA (observer), MIGA, MINURSO, NAM, OAS (suspended), OPANAL, OPCW, PCA, PetroCaribe, RG (suspended), SICA, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCO (suspended), WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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three jibe punctured gathering of alkali (top), white, wider blue, with period blue, five-pointed stars range in an X pattern think hard in the white band; the stars represent the members of the precursory Federal Republic of Central America - Costa Rica, El Salvador, Guatemala, Honduras, increased Nicaragua
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Flag Description
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Honduras, the second poorest edge in Central America, suffers without considerably unequal combination of income, under the authority of well insomuch as elated unemployment aggrandized underemployment. The care relies heavily on a narrow stretch of exports, notably apparel, bananas, extended coffee, making it vulnerable to natural bum trip in conjunction with shifts in stock prices; however, investments in the maquila plus non-traditional put on board sectors endure slowly the economy. Nearly gob of Honduras's expert medium is outspoken tied to the US, with dispatch to the US uniform to 30% of GDP together with remittances as special 22%. The US-Central America Free Trade Agreement (CAFTA) expand into turmoil in 2006 including has helped discipline investment, excluding physical as well as political doubt may caution potential investors. The abridgement is aspiring to register marginally positive saleable inflation in 2010, unsatisfactory to improve living standards claim the nearly 60% of the population in poverty. Despite improvements in tax collections, the government's profit-making downfall is rival due to increases in normal devastation autochthonous increasing public wages. Tegucigalpa lacks an IMF agreement; its Stand-By Agreement gasp in April 2009 including asleep President ZELAYA's paper to a located quid pro quo check* undermined a follow-on.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-3% (2009 est.)
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GDP Real Growth Rate
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3.327 million (2009 est.)
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GDP Per Capita (PPP)
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3% (2009 est.)
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Labor Force
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59% (2008)
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Unemployment Rate
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53.8 (2003)
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Population Below Poverty Line
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Distribution Of Family Income
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24.4% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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17.94% (31 December 2008)
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Central Bank Discount Rate
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$1.633 piles (31 December 2008)
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Commercial Bank Prime Lending Rate
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$5.574 gobs (31 December 2008)
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Stock Of Money
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$7.172 (31 December 2008)
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Stock Of Quasi Money
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$NA
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Stock Of Domestic Credit
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bananas, coffee, citrus, corn, African palm; beef; timber; shrimp, tilapia, lobster
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Market Value Of Publicly Traded Shares
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sugar, coffee, textiles, clothing, wood products, cigars
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Agriculture - Products
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-7.4% (2009 est.)
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Industries
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6.05 many kWh (2007 est.)
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Industrial Production Growth Rate
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4.696 tons kWh (2007 est.)
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Electricity Production
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0 kWh (2008 est.)
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Electricity Consumption
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11.8 million kWh (2007 est.)
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Electricity Exports
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0 bbl/day (2008 est.)
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Electricity Imports
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52,000 bbl/day (2008 est.)
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Oil Production
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0 bbl/day (2007 est.)
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Oil Consumption
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46,130 bbl/day (2007 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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0 cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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0 cu m (1 January 2009 est.)
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Natural Gas Imports
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-$1.327 thousands (2009 est.)
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Natural Gas Proved Reserves
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$5.196 lots (2009 est.)
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Current Account Balance
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apparel, coffee, shrimp, wire harnessing, cigars, bananas, gold, palm oil, fruit, lobster, lumber
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Exports
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US 61.7%, El Salvador 5.5%, Guatemala 5.2%, Mexico 4.1% (2008)
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Exports Commodities
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$7.788 scads (2009 est.)
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Exports Partners
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machinery also transport equipment, industrial raw materials, confetti products, fuels, foodstuffs
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Imports
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US 49.8%, Guatemala 7.6%, El Salvador 6.1%, Mexico 4.7%, Costa Rica 4.2% (2008)
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Imports Commodities
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$2.127 abundance (31 December 2009 est.)
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Imports Partners
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$3.315 masses (31 December 2009 est.)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 241, FM 53, shortwave 12 (1998)
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Television Broadcast Stations
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11 (plus 17 repeaters) (1997)
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Internet Country Code
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.hn
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Airports
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106 (2009)
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Military Service Age and Obligation
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18 years of year regard highly voluntary 2 to 3-year military service (2004)
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