Honduras Energy Storage Power Supply Factory Foreign Trade

Energy Sector - Improving reliability and decreasing end-user costs within the electricity sector is a critical area for Honduras. The sector needs improvements in energy generation, transmission and distribution infrastructure, and reduction of technical and non-technical losses.

In 2002, Honduras imported about 420 GW·h of electricity (more than 10% of its consumption) without any exports, thus making it a net importer of electricity. The overall electricity coverage is 69%. In rural areas it reaches only 45%, which contrast with the 94% coverage in urban areas (2006).

Social Investment – Honduras' business climate is hampered by low education levels and a weak healthcare system. A stronger focus on human capital investments by the new government is expected to improve social outcomes and foster economic opportunities.

These weather-related phenomena have affected over 4.5 million Hondurans and 68.2 percent of the productive sector, generating serious infrastructure, social, and environmental damages that constraint growth and compromise food security.

Compared to the previous year, in 2021, the level of corruption rose slightly as Honduras ranked 157th out of 180 countries in Transparency International's (TI) Corruptions Perceptions Index, which ranks perceived levels of public sector corruption by experts and businesspeople.

An Emergency Response and National Reconstruction and Mitigation plan is currently being undertaken by the Government of Honduras, aimed at sustainable and resilient remediation.