Honduras

After easing since last year, labor confidence now sits at a moderate level. Hiring for agents, team leads, and voice, non-voice, and customer care roles is seen as a strength, as is sourcing work visas, while managers and specialist roles draw more measured support. Revenue generation, recruiting foreign workers, and the public education system draw the weakest confidence.

Ecosystem sentiment has fallen markedly over the past year to a moderate level. Freedom from government interference draws the most confidence, while industry unity, favorable legislation, dialogue with government, fiscal incentives, and the National Investment Council's lobbying draw more measured support. The Asociación Hondureña de Maquiladores' alignment with industry needs is the weakest point.

Infrastructure gets a moderate reading. Hotels, restaurants, and leisure draw the most confidence, and mobile voice, fiber internet, and fixed lines are also viewed positively. Airports, mobile internet, and travel connections draw more moderate support, while the power grid and especially public transport are seen as the weak points.

Property sentiment has improved since 2022, though it settles at a moderate level. Leasing draws the strongest support, with plug-and-play facilities, retrofitting existing buildings, and purchasing also viewed positively. Sourcing space across multiple cities and co-working space draw more measured confidence.

Security is viewed more favorably than at the last index, though it remains moderate. Business travelers are seen as very safe, while confidence is low for staff commuting on public transport and for law enforcement, particularly its trustworthiness and helpfulness.

Political stability is the area of greatest concern. Foreign policy orientation and the central bank draw moderate confidence, while the peaceful transfer of power after elections and the fairness of the electoral process are viewed with more caution. The judiciary, law enforcement, the civil service, and especially core government draw very low confidence.

Since the 2022 edition, confidence in the economy has slipped and is now low. Currency stability and tax rates draw moderate confidence, while inflation and the management of publicly owned utilities are viewed with more caution. The management of public finances draws the weakest support.