Honduras

Honduras is one of the poorest countries in Latin America. 48.3 percent of its population lives in poverty and 60.1 percent live in rural areas, the GINI coefficient that measures inequality was at 50.5 in 2017, which is among the highest in the region and in the world (World Bank 2018). At the macroeconomic level, Honduras shows signs of slowing down as its GDP fell from 4.1 to 2.4 percent from 2015 to 2019 (Central Bank of Honduras) and, due to the impact of the COVID-19 pandemic, it is expected that the country's economy will register a growth of -2.3 percent in 2020 (World Bank). In this same period, inflation increased from 2.4 to 4.1 percent, mainly in fuels, food, and transportation. Another impact indicator on the economy is that of the remittances, which rose from 5.4 percent to 9 percent (thanks to the stronger dynamism of the United States economy); and that, together with climate change, encourages migration to thU.S. For the period from 1998 to 2017, according to the World Climate Risk Index, Puerto Rico, Honduras and Myanmar are the most vulnerable countries in the world. The median age of the population in Honduras is 24, which should be a good opportunity for investors. This country also has a great biodiversity and many different ethnic populations. 
honduras

facts and figures

  • Area: 112,492 km²
  • Population: 9,580,000
  • Capital: Tegucigalpa M.D.C.

Swisscontact in Honduras

  • since 1996

Projects

Honduras
Initial vocational education and training, Sustainable tourism
Professional training for young people (Projoven)
The population of Honduras suffers from poverty, violence, corruption and unemployment. According to the National Statistics Institute of Honduras (INE), the unemployment rate is slightly over 7%; however, if the under-employment rate is added to this, it surpasses 40%, with young people comprising the largest group of unemployed. Furthermore, this...
Honduras
Entrepreneurial ecosystems, Sustainable tourism
Rural Market Opportunities in the Gulf of Fonseca
The Dry Corridor is one of the most impoverished and economically depressed areas of Honduras. Here, 65% of households live below the poverty line, while 48% are extremely poor and experience high rates of malnutrition and other negative social consequences. Commercial agriculture for export is the main source of seasonal jobs for poor people,...
Honduras
Trade facilitation
Competitive, inclusive and sustainable development of supply chains for coffee, fino de aroma cocoa and cashews producers
Most producers in the Departments of El Paraíso, Valle and Choluteca do not manage to make their businesses successful, due principally to exploitation, inadequate harvesting practices and poor knowledge of the market. Fino de aroma cocoa is an alternative crop for coffee growers in El Paraiso, where 51,200 hectares of coffee plantations supply...
Honduras
Sustainable agriculture
Corredor Seco Food Security Project in Honduras
The Dry Corridor is one of the poorest and most economically depressed areas of Honduras. 65% of households live below the poverty line and 48 per cent are extremely poor. They experience high rates of malnutrition and lack access to opportunities for socio-economic development sustainable and adequate public health and education services....

News

Honduras
Entrepreneurial ecosystems
14.01.2021
Financial inclusion without discrimination
In the department of Valle, many people don't have access to financial education and are excluded from the formal banking system due to the lack of credit history. The Horus Association, created by people from the local LGBTI+ community, found a solution to facilitate access to credit for everyone and promote financial rights for all.
Honduras
Initial vocational education and training
11.08.2020
New Technologies and Dual Training: DC dVET interviews ProJoven Programme Manager
The Donor Committee for dual Vocational Education and Training (DC dVET), comprising Austria, Germany, Switzerland and Liechtenstein, interviewed project managers from Kosovo, Pakistan, Moldova and Honduras on the challenges and opportunities related to new technologies for VET systems. Among the interviewees is Olga Tinoco, Head of the ProJoven...
Honduras
Initial vocational education and training
09.06.2020
Youthful hope in the midst of the crisis
Even before the COVID-19 crisis, Honduras had an unemployment rate of 5.7% and half the population was underemployed. However, the youth at risk remains hopeful on their journey to obtain better economic and social opportunities. For the young people involved in the ProJoven project, the current situation also represents an opportunity for learning...

Interventions

In order to achieve resilient livelihoods for people, as well as for companies and for the general economy of Honduras, Swisscontact aligns its actions with the Millennium Development Goals (MDGs). These include eradicating poverty, gender equality, decent work and economic growth, responsible consumption and production, and forming partnerships to achieve these goals. To this aim, Swisscontact executes projects sponsored by private and public donors (SDC, European Union, Government of Honduras, among others). 

To achieve the greatest possible impact from the interventions, the projects incorporate scalability (use in other regions), focus on associations (organisations, field schools for agriculture, etc.) and the use of result-based methodologies (logical framework, results chain, monitoring systems, etc.). The experience in Honduras has shown that the path to resilience is linked to the creation of productive jobs and the generation of income. 

Contact

Swisscontact Honduras
Col. Lomas del Guijarro, Calzada Llama del Bosque Casa #602
Subida al Instituto Sagrado Corazòn, Frente a la Alianza Francesa
Tegucigalpa