Honduras

Immigration is a key issue in the November US presidential election. Bloomberg Economics predicts that closing the US border could significantly reduce remittance flows, particularly impacting Central America and the Caribbean. Assuming 2.8 mln new unauthorized immigrants by 2028, annual remittances could rise from USD 70 bln this year to USD 91 bln by 2028. Countries like Guatemala and Honduras rely heavily on US remittances, with the latter seeing the highest inflows relative to its economy.