Honduras’ economy will experience a recovery in 2021. Household consumption, the main driver of domestic demand, will be hurt by the population displacement following the two storms in November 2020, as well as by the rise in unemployment both in the country, as well as among expatriates in the US. Growth of real GDP should decrease to 4.1% in 2022 and after dipping, will again reach this level of growth per year by 2028.
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