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| HONDURAS - STATISTICS |
| Location: |
Middle America, bordering the Caribbean Sea, between
Guatemala and Nicaragua and bordering the North Pacific Ocean, between
El Salvador and Nicaragua |
| Geographic coordinates: |
15 00 N, 86 30 W |
| Map references: |
Central America and the Caribbean |
| Area: |
Total: 112,090 sq km
Land: 111,890 sq km
Water: 200 sq km |
| Area-comparative: |
Slightly larger than Tennessee |
| Land boundaries: |
Total: 1,520 km
Border Countries: Guatemala 256 km, El Salvador 342 km, Nicaragua
922 km |
| Coastline: |
820 km |
| Climate: |
Subtropical in lowlands, Temperate in mountains |
| Terrain: |
mostly mountains in interior, narrow coastal plains
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| Population: |
5,997,000 ( est.) |
| Ethnic Groups: |
mestizo (mixed Amerindian and European) 90%, Amerindian
7%, black 2%, white 1% |
| Religions: |
Roman Catholic 97%, Protestant minority |
| Languages: |
Spanish, Amerindian dialects |
| Capital: |
Tegucigalpa |
| Administrative divisions: |
18 departments (departamentos, singular-departamento)
plus probable Central District (Tegucigalpa); 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 |
| Independence: |
15 September 1821 (from Spain) |
| Economy-overview: |
Prior to Hurricane Mitch in the fall of 1998, Honduras
had been pursuing a moderate economic reform program and had posted
strong annual growth numbers. The storm has dramatically changed
economic forecasts for Honduras, one of the poorest countries in
Central America and the hardest hit by Mitch. Honduras sustained
approximately $3 billion in damages and will probably see GDP shrink
by 2% in 1999 and unemployment rise. Hardest hit was the all-important
agricultural sector, which is responsible for the majority of exports.
As a result, the trade deficit is likely to balloon in 1999 to $445
million. However, significant aid has helped to stabilize the country.
In addition, the Paris Club and bilateral creditors have offered
substantial debt relief, and Tegucigalpa is currently under consideration
for inclusion in the IMF-World Bank Highly Indebted Poor Countries
Initiative (HIPC). Additional financing will be needed to restore
the economy to its pre-Mitch level. |
| Currency: |
1 lempira (L) = 100 centavos |
| Exchange rates: |
Lempiras (L) per US$1 (Current) 16.50 |
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