Honduras Economy

It appears that the October 2018 march of Hondurans to the US border has been organized by coyotes, drug gangs, terrorists and the globalists. Honduras has a poor economy, low standard of living, drug gangs, crime and poverty. Most marchers are young men who are low skilled, low wage labor who want to work illegally in the US. Some are drug dealers and terrorists. Trump intends to close the border and the UN is harvesting “asylees” we shouldn’t admit.  The UN is the originator of “open borders”.

Honduras has a population of 9 million people and a land mass of 43,278 square miles. In 2018, GDP is $23 billion and GDP growth is 3.5%. Per capita GDP is $5,500 per year. Unemployment is 12%, Inflation is 11%. The Labor force is 3.735 million. GDP by sector is agriculture 13.9%, industry 27.7% and services 58.4%. Population below poverty is 60%. Main industries are sugar, coffee, woven and knit apparel, wood products and cigars. Ease of doing business is 105^th.

Exports are $8.2 billion in apparel, coffee, shrimp, automobile wire harnesses, cigars, bananas, gold,

palm oil, fruit and lobster sold to the US 36.7%, Germany 10.7%, El Salvador 10.7%, Guatemala 6.5%, Netherlands 5.4% and Nicaragua 5.3%.

Imports are $10.9 billion and include machinery for transport equipment, industrial raw materials, chemicals, fuels and foodstuffs sold to the US 32.6%, China 14.1%, Guatemala 8.9%, Mexico 7.3% and El Salvador 5.7%.

Gross external debt is $9 billion. Government Debt is 52% of GDP, Revenues are $4.4 billion, Spending is $5.1 billion. Foreign reserves are $4.5 billion

https://en.wikipedia.org/wiki/Economy_of_Honduras

Norb Leahy, Dunwoody GA Tea Party Leader