Honduras - Poverty and wealth



Hurricane Mitch devastated Honduras in 1998, causing over 7,000 deaths. Over 1.5 million people were left homeless by the storm. Thousands of buildings were destroyed, and roads and bridges were washed away. The economy came to a near standstill, worsening the effects of already endemic poverty.

Since 1998, the government of Honduras has committed to a development strategy which was coordinated in conjunction with the World Bank and IMF. The World Bank is currently supporting a US$30 million Social Investment Fund aimed at alleviating poverty through the improvement of the country's infrastructure at the community level. The project includes self-help programs for the poor and involves the construction of numerous schools in rural areas. The World Bank has also initiated a US$25 million nutrition and health program for 255,000 poor women and children. The program's goals include the establishment of up to 160 health care centers with a priority given to rural areas.

The infant mortality rate in 2001 was high at 36 deaths per 1,000 live births. Approximately 25 percent of children were suffering from malnutrition. Despite World Bank initiatives, Honduras remains one of the poorest countries in the Americas with an estimated gross domestic product of US$6.5 billion in 2001. More than 53 percent of the population live below the poverty line,

GDP per Capita (US$)
Country 1975 1980 1985 1990 1998
Honduras 614 733 681 682 722
United States 19,364 21,529 23,200 25,363 29,683
Mexico 3,380 4,167 4,106 4,046 4,459
Nicaragua 999 690 611 460 452
SOURCE: United Nations. Human Development Report 2000; Trends in human development and per capita income.

Distribution of Income or Consumption by Percentage
Share: Honduras
Lowest 10% 1.2
Lowest 20% 3.4
Second 20% 7.1
Third 20% 11.7
Fourth 20% 19.7
Highest 20% 58.0
Highest 10% 42.1
Survey year: 1996
Note: This information refers to income shares by percentiles of the population and is ranked by per capita income.
SOURCE: 2000 World Development Indicators [CD-ROM].

42 percent of the population do not have access to safe drinking water, and a quarter of the population are illiterate. Over 50 percent of Honduras's rural population are agricultural workers who own no land or are small-scale landowners who have less than 5 hectares. Land reform that provides technical as well as financial assistance in the form of micro credit (small-scale loans) could reduce poverty in Honduras by allowing farmers to earn income, be self sufficient, and increase overall production.

Also read article about Honduras from Wikipedia

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May 16, 2011 @ 9:21 pm
THIS SITE HAS TRUSTFUL INFORMATION ABOUT HONDURAS BECAUSE I AM DOING A PROJECT ON THE
COUNTRY!!! BUT YOU NEED MORE INFORMATION ABOUT MANY TOPICS OF HONDURAS, SO WHO EVER WROTE THIS PLEASE DO ME AND OTHERS THE FAVOR OF ADDING MORE INFO ABOUT HONDURAS.
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brett sloat
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Jul 12, 2012 @ 11:11 am
it was a simple question. who ever wrote THIS, if doing a project on honduras, should be able to give me a general answer as broad as it may be!

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