Honduras is one of the poorest countries in Latin America and has the world’s highest murder rate. More than half of the population lives in poverty and per capita income is one of the lowest in the region.

The country suffers from extraordinarily unequal distribution of income, as well as high underemployment. While historically dependent on the export of bananas and coffee, Honduras has diversified its exports to include apparel and automobile wire harnessing.

Honduras’s economy depends heavily on US trade and remittances. Recently, it has become a hub for international call centres.Honduras was declared one of the heavily indebted poor countries by the World Bank and the International Monetary Fund. The increased productivity needed to break Honduras’ persistent high poverty rate depends, in part, on further improvements in education