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Economy, jobs and prices in Colon, Honduras: official figures

Colon had an unemployment rate of 5.1% in 2023 (7,026 unemployed among a labour force of 137,848), below the national figure of 6.8%; this is 9th highest of 18 departments.

Unemployment rate
5.1%
2023
Average monthly income from work
L8,979
2023

What is the labour force participation rate in Colon?

The labour force participation rate in Colon was 55.3% in 2023 against 56.4% nationally, ranking 8th lowest of 18 departments.

Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

How many women work in Colon?

In Colon, 38.6% of women and 75.9% of men of working age were in the labour force in 2023; the female rate is 9th lowest of 18 departments.

Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

What is the underemployment rate in Colon?

13.5% of employed people in Colon worked fewer than 40 hours a week and wanted more in 2023 (visible underemployment), against 14.5% nationally; ranking 5th lowest of 18 departments.

Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

How many people are employed in Colon?

130,822 people were in work in Colon in 2023, 94.9% of its labour force of 137,848.

Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

How big is the workforce of Colon?

Colon has 3.5% of Honduras's labour force (137,848 of 3,956,158), ranking 8th smallest of 18 departments.

Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

What is the average income in Colon?

Employed people in Colon earned an average of L8,979 a month from work in 2023 against L8,722 nationally, ranking 6th highest of 18 departments.

Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

What is the income per person in Colon?

Household income per person in Colon averaged L4,207 a month in 2023 against L4,329 nationally, ranking 8th highest of 18 departments.

Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

What do people earn in Colon?

Public-sector employees in Colon earned an average of L18,494 a month in 2023, private-sector employees L7,701, domestic workers L2,407 and the self-employed L8,659.

Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

What is the private sector wage in Colon?

Private-sector employees in Colon earned an average of L7,701 a month in 2023 against L8,245 nationally, ranking 6th highest of 18 departments.

Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

How much do remittances matter in Colon?

Remittances from abroad made up 7.4% of household income in Colon in 2023 against 5.9% nationally, ranking 6th highest of 18 departments; wages made up 59.4%.

Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

How much do self-employed people earn in Colon?

Self-employed people in Colon earned an average of L8,659 a month in 2023 against L8,242 nationally, ranking 7th highest of 18 departments.

Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

How many homes in Colon have electricity?

81.9% of homes in Colon had public or collective private electricity in 2023, ranking 4th lowest of 18 departments.

Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

How Colon compares with other departments

Unemployment rate (2023)

Colon ranks 9 of 18, highest first.

RankRegionUnemployment rate
6Atlantida5.8%
7La Paz5.7%
8Yoro5.4%
9Colon5.1%
10Santa Barbara5.0%
11Olancho4.9%
12Islas De Bahia4.7%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Labour force participation rate (2023)

Colon ranks 11 of 18, highest first.

RankRegionLabour force participation rate
8La Paz57.2%
9Intibuca56.8%
10Santa Barbara56.1%
11Colon55.3%
12Paraiso54.8%
13Choluteca54.5%
14Yoro54.4%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Female labour force participation rate (2023)

Colon ranks 10 of 18, highest first.

RankRegionFemale labour force participation rate
7Comayagua41.5%
8La Paz40.8%
9Choluteca38.8%
10Colon38.6%
11Yoro37.8%
12Intibuca37.6%
13Santa Barbara36.4%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Underemployment (insufficient working time) (2023)

Colon ranks 14 of 18, highest first.

RankRegionUnderemployment (insufficient working time)
11Copan14.8%
12Olancho14.4%
13Comayagua13.8%
14Colon13.5%
15Atlantida12.2%
16Intibuca11.4%
17Islas De Bahia11.2%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Average monthly income of employed people (2023)

Colon ranks 6 of 18, highest first.

RankRegionAverage monthly income of employed people
3Francisco MorazanL10,399
4Gracias A DiosL9,155
5AtlantidaL9,069
6ColonL8,979
7ValleL8,596
8YoroL8,261
9CholutecaL8,112
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Monthly household income per person (2023)

Colon ranks 8 of 18, highest first.

RankRegionMonthly household income per person
5AtlantidaL4,242
6OcotepequeL4,216
7YoroL4,210
8ColonL4,207
9ComayaguaL4,021
10CholutecaL3,921
11CopanL3,797
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Remittances as a share of household income (2023)

Colon ranks 6 of 18, highest first.

RankRegionRemittances as a share of household income
3Lempira9.1%
4Atlantida8.8%
5Comayagua8.4%
6Colon7.4%
7Ocotepeque7.2%
8Intibuca7.1%
9Yoro6.9%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Average monthly income of private-sector employees (2023)

Colon ranks 6 of 18, highest first.

RankRegionAverage monthly income of private-sector employees
3Francisco MorazanL10,285
4AtlantidaL8,332
5CholutecaL7,741
6ColonL7,701
7YoroL7,478
8ValleL7,411
9OcotepequeL6,583
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Homes with electricity (2023)

Colon ranks 15 of 18, highest first.

RankRegionHomes with electricity
12Olancho85.8%
13La Paz84.7%
14Lempira84.0%
15Colon81.9%
16Intibuca77.8%
17Paraiso73.7%
18Gracias A Dios27.3%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

More on Colon: overview · health · education and schools · poverty and living standards · Honduras

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