Sources: The Library of Congress Country Studies; CIA World Factbook
High interests rates, particularly for housing, continued to hurt the Honduran construction industry in 1993, but danger from high rates was partially offset by some public-sector investment. Privatization of formerly state-owned industries through debt swaps also negatively affected construction as prices for basic materials such as cement increased and credit tightened. A major devaluation of the lempira added to the already high cost of construction imports. Construction contributed 6.0 percent to the GDP in 1992.
Data as of December 1993
NOTE: The information regarding Honduras on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of Honduras Construction information contained here. All suggestions for corrections of any errors about Honduras Construction should be addressed to the Library of Congress and the CIA.