Honduras’ witnessed robust economic growth in Q4 2023, with a 3.9% YoY expansion, topping an annual growth rate of 3.6%. Construction led the growth, surging by 16.9% YoY, while financial intermediation continued its strong performance with double-digit growth. Despite a higher current account deficit of USD 0.78 bln in Q4 2023, the annual deficit improved to USD 1.3 bln, or 3.9% of GDP, from the previous year’s USD 2.1 bln, indicating a favorable shift towards more sustainable external balances.