Honduras

Katelyn Klaassen
Noah Heffron

Facts
Population: 8.1 million
Area: 112,492 sq km
(about the size of Virginia)

Interesting Facts
National Bird: Scarlet Macaw
Prostitution is legal
Tax rates: Income = 10-25%
Sales = 12%
Average Salary: $448/month
Over 110 mammal species half
are bats
Honduran White Bat

Currency
Centavos

1 L = $0.048
1 L = 100
centavos

Lempira (L)

Household Items
Item

Cost in US

Cost in
Honduras

Cost in
Honduras

Milk (I L)

$1.01

24.00 L

$1.14

Water (1.5 L)

$1.79

27.50 L

$1.31

Apples (1 kg)

$3.85

60.30 L

$2.87

Nike Shoes

$77.39

1,641.45 L

$78.16

Gasoline (1 L)

$0.83

28.80 L

$1.37

Movie Ticket

$10.00

101.80 L

$4.85

McDonalds McMeal

$6.50

105.00 L

$5.00

Eggs (12)

$2.35

49.30 L

$2.35

Potatoes (1 kg)

$2.45

29.00 L

$1.38

1 Bedroom Apartment in City

$950.44

5,060.20 L

$240.96

Total

$1,056.61

7,127.35 L

$339.39

Exports
Knit Shirts,
Sweaters

Coffee
2012: $7.9
billion

Propane

Insulated Wire

Imports
Cotton
Corn

Soybeans
Wheat
Mineral
Fuel/Oil

Expanding Industries
Knit/woven

apparel

Sugar
Coffee
Wood
Cigars

products

Business Pros and Cons

Poor country (unemployment
rate: 27.9% - US rate: 5.6%)
Few jobs
Central America Free Trade Agreement
(CAFTA)
+ Modernize economy
+ Create jobs
More competition for farmers

Cultural Impact on Importing/

Exporting
Agriculture

import and export crops

Underdeveloped country dont produce
finished items, but parts (like copper wire)