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29 November, 2020 Honduras Global: 73 Availability: 74 Cost: 24 Regulation: 73 Productivity: 69 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 21) Region: 18 Availability: 9 Cost: 7 Regulation: 19 Productivity: 18 Remote Readiness 19 Remote Readiness 73 Honduras has additional spending and foregone revenue totally approximately $0.5 billion USD Increased healthcare sector spending Delivery of food to poor families Unemployment benefits to formal workers who are temporarily unemployed Cash payments to informal workers Deferral of corporate taxes, income taxes, social contributions and VAT payments Tax relief for companies that maintain employment at pre-pandemic levels https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 Prior to entry all travellers must register online and present a negative Covid-19 test result. Self-isolation is then required for 14 days. Social distancing and masks are compulsory. There isn't any public transport available. Schools are suspended. Restrictions on non-essential shops and services. 2.3% 4.5% 0% 20% Honduras Regional Ave. % of GDP Honduras Q4 2019* Q4 2020* % Change YOY Total Workforce 4.2M 4.7M +12% Unemployment Rate (%) 5.7% 5.7% 0% Unemployed Workers 241K 270K +12% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/ *Reported figures at Q4 each year The 2020 figure for the unemployment rate is an estimate from the IMF