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Honduras: Is the second-poorest country in Central America, with 60% living in poverty according to the CIA World Factbook. In percentage, Honduras has the largest cheap labor in Central America, its economy is mainly agricultural, the main export products are rice, coffee, bananas, vegetables, and other products. [9]
Latin American and the Caribbean countries by GDP per capita PPP (2019). This is a list of Latin American and the Caribbean countries by gross domestic product at purchasing power parity in international dollars according to the International Monetary Fund's estimates in the October 2023 World Economic Outlook database.
It is a standard means of measuring well-being. It is used to distinguish whether the country is a developed, developing, or underdeveloped country, and also to measure the impact of economic policies on quality of life. Countries fall into four broad categories based on their HDI: very high, high, medium, and low human development.
Country/Territory Region World Bank Income group (2024) Poverty headcount ratio (2017 PPP) at Year $2.15 a day $3.65 a day $6.85 a day % of population Aruba: Latin America & Caribbean High income N/A Afghanistan: South Asia Low income N/A Angola: Sub-Saharan Africa Lower middle income 31.1%: 52.9%: 78.0% 2018 Albania: Europe & Central Asia
South America: Upper middle income 54.8 2022 52.90 2021 Comoros: Eastern Africa: Lower middle income 45.3 2014 45.33 2014 Cape Verde: Western Africa: Lower middle income 42.4 2015 42.38 2015 Costa Rica: Central America: Upper middle income 46.7 2023 47.15 2022 47.2 2022 Cuba: Caribbean: Upper middle income 38.00 2000 Cyprus
There are about 33 countries and 15 territories in these two regions. [1] Latin America and the Caribbean by estimated GDP 2024 (nominal) [2] Rank Country
Nicaragua is the second poorest country in the western hemisphere, after Haiti. ... Countries of Central America Country Area [44] Population (2021 est.) [40] [41]
The Honduran people are among the poorest in Latin America; gross national income per capita (2007) is US$1,649; the average for Central America is $6,736. [82] Honduras is the fourth poorest country in the Western Hemisphere; only Haiti, Nicaragua, and Guyana are poorer.