
Macro - Country Economic Forecasts - Guatemala
Description
Macro - Country Economic Forecasts - Guatemala
We expect GDP growth in Honduras to cool to 2.9% this year and 2.7% in 2023, following a stronger-than-expected 12.5% expansion in 2021 that left output 2.4% above pre-pandemic levels, as support from remittances and US demand cools. Risks remain tilted to the downside due to high inflation, slowing regional growth, and domestic regulatory uncertainty.
We expect GDP growth in Honduras to cool to 2.9% this year and 2.7% in 2023, following a stronger-than-expected 12.5% expansion in 2021 that left output 2.4% above pre-pandemic levels, as support from remittances and US demand cools. Risks remain tilted to the downside due to high inflation, slowing regional growth, and domestic regulatory uncertainty.
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