Agricultural sector's share of GDP in Honduras 2023

In 2023, the share of value added by the agriculture, forestry and fishing sector to the gross domestic product in Honduras decreased by 0.5 percentage points (-4.01 percent) since 2022. Nevertheless, the last two years recorded a significant higher share than the preceding years.
The value added by agriculture, forestry, and fishing refers to the net output of the sector. It is calculated as the gross output, which is the gross revenue of production, minus the intermediate inputs, which is the value of goods and services consumed in the production process. Activities included in this sector are crop cultivation, forestry, hunting, fishing, and livestock production.

Find more key insights for the share of value added by the agriculture, forestry and fishing sector to the gross domestic product in countries like Nicaragua and El Salvador.

Share of value added by the agricultural sector to the gross domestic product (GDP) in Honduras from 2014 to 2023

Characteristic	Share of GDP
2023	11.98%
2022	12.47%
2021	10.89%
2020	12.19%
2019	10.64%
2018	11.61%
2017	12.67%
2016	12.05%
2015	12.22%
2014	12.54%

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Release date

June 2024

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Region

Honduras

Survey time period

2014 to 2023

Supplementary notes

Data represents the share of value added by the agricultural sector, which includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production.
Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources.

Figures have been rounded.

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