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.
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