El Salvador,
which 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
Economy Honduras
Economy - overview: Honduras, one of the poorest countries in the Western
Hemisphere with an extraordinarily unequal distribution of income, 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 the country has met most of its macroeconomic
targets, it failed to meet the IMF's goals to liberalize its energy and
telecommunications sectors. Growth remains dependent on the status of the
US economy, its major trading partner, on commodity prices, particularly
coffee, and on containment of the recent rise in crime.
GDP: purchasing power parity - $17 billion (2001 est.)
GDP - real growth rate: 2.1% (2001 est.)
GDP - per capita: purchasing power parity - $2,600 (2001 est.)
GDP - composition by sector: agriculture: 18% industry: 32% services:
50% (2000 est.)
Population below poverty line: 53% (1993 est.)
Household income or consumption by percentage share: lowest 10%: 0.4%
highest 10%: 44.3% (1997)
Distribution of family income - Gini index: 59 (1997)
Inflation rate (consumer prices): 9.7% (2001 est.)
Labor force: 2.3 million (1997 est.)
Labor force - by occupation: agriculture 34%, industry 21%, services 45%
(2001 est.)
Unemployment rate: 28% (2001 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: 3.573 billion kWh (2000)
Electricity - production by source: fossil fuel: 36.89% hydro: 63.11%
other: 0% (2000) nuclear: 0%
Electricity - consumption: 3.593 billion kWh (2000)
Electricity - exports: 5 million kWh (2000)
Electricity - imports: 275 million kWh (2000)
Agriculture - products: bananas, coffee, citrus; beef; timber; shrimp
Exports: $2 billion (f.o.b., 2001 est.)
Exports - commodities: coffee, bananas, shrimp, lobster, meat; zinc,
lumber
Exports - partners: US 39.9%, El Salvador 9.2%, Germ
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