Key Figures

Chief of State:
President Juan Orlando Hernández
Head of Government:
President Juan Orlando Hernández

Overview

Government Name:
Republic of Honduras
Constitution:
Adopted: 1982; Establishes a presidential representative democratic republic with the president as head of both state and government; establishes a multi-party system; and the separation of powers among executive, legislative, and judicial branches with the executive holding more powers.
Government Type:
Democratic Constitutional Republic
Republic of Honduras Flag
Coat of Arms of Republic of Honduras

Index of Economic Freedom

Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2018)

Country Risk Rating

C
A very uncertain political and economic outlook and a business environment with many troublesome weaknesses can have a significant impact on corporate payment behavior. Corporate default probability is high. Source: Coface (2018)

Government Branches

Main Powers Election Process Election Cycle 1
Executive

Responsible for constituting the executive branch of government.

The president is elected by popular vote.

4 years

Judicial

Responsible for constituting the judicial branch of government.

Elected by the national congress from candidates proposed by the nominating board.

7 years

Legislative

Responsible for constituting the legislative branch of government.

Open-list proportional representation system.

4 years

Regional Trade Blocs

No Regional Trade Blocs

International Organization Participation [2]

Environmental Agreements [3]

Tax Information [2]

Tax Authority:
Ministry of Finance
Tax Name:
VAT

Sources:

  1. ElectionGuide http://www.electionguide.org/
  2. EY, http://www.ey.com
  3. CIA World Factbook, https://www.cia.gov/library/publications/the-world-factbook/
  4. U.S. Bilateral Relations Fact Sheets http://www.state.gov/r/pa/ei/bgn/