Factories and agriculture are bases of Honduras' economy in 2016

Recent reports and studies show manufacturing, financial intermediation, and agriculture represent Honduras’ top economic growth sectors and account for 48 percent of the national GDP (La Prensa, 31 October 2016). The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) predicts the Honduran GDP will grow 3.8 percent in 2016. A recent study conducted by Fundemos Consultores for Grupo Opsa projected the financial intermediation sector would grow by 8 percent, the manufacturing sector by 3.3 percent and the agricultural sector by 3.8 percent for 2017 (La Prensa). A recent Banco Central de Honduras (BCH) report showed a 35 percent increase by the end of 2016 for palm oil, which dropped in 2015 due to a decrease in international prices (El Heraldo). According to BCH, agricultural products such as coffee, palm oil, shrimp and sugar, among others, account for US$1.99 billion in exports (La Prensa).