In 2023, Honduras' GDP composition was dominated by the services sector, accounting for 35.65% of the total GDP. The industrial sector comprising mining, manufacturing, and utilities followed with 21.01%. The wholesale, retail trade, restaurants, and hotels contributed 17.54%, while agriculture, hunting, forestry, and fishing made up 12.71%. Transport, storage, and communication, along with construction, represented 7.54% and 5.56% respectively. Over the last five years, a notable trend has been the gradual increase in the service sector's contribution, with slight declines in agriculture and construction. The mining, manufacturing, and utilities sector showed consistent growth.
Future trends to watch include the potential impact of digital and infrastructural investments on the services and transport sectors. Moreover, ongoing developments in sustainable practices could boost the agriculture and manufacturing sectors, while tourism and trade may drive growth in wholesale and retail trade services.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 35.65 | 2016 | |
| 2 | 2 Mining, Manufacturing, Utilities | 21.01 | 2016 | |
| 3 | 3 Wholesale, retail trade, restaurants and hotels | 17.54 | 2016 | |
| 4 | 4 Agriculture, hunting, forestry, fishing | 12.71 | 2016 | |
| 5 | 5 Transport, storage and communication | 7.54 | 2016 | |
| 6 | 6 Construction | 5.56 | 2016 |
