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

Cortes had an unemployment rate of 9.1% in 2023 (75,644 unemployed among a labour force of 827,480), above the national figure of 6.8%; this is 3rd highest of 18 departments.

Unemployment rate
9.1%
2023
Average monthly income from work
L10,720
2023

What is the labour force participation rate in Cortes?

The labour force participation rate in Cortes was 58.9% in 2023 against 56.4% nationally, ranking 3rd highest of 18 departments.

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

How many women work in Cortes?

In Cortes, 45.3% of women and 75.9% of men of working age were in the labour force in 2023; the female rate is 3rd highest of 18 departments.

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

What is the underemployment rate in Cortes?

10.6% of employed people in Cortes worked fewer than 40 hours a week and wanted more in 2023 (visible underemployment), against 14.5% nationally; ranking the lowest of 18 departments.

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

How many people are employed in Cortes?

751,836 people were in work in Cortes in 2023, 90.9% of its labour force of 827,480.

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

How big is the workforce of Cortes?

Cortes has 20.9% of Honduras's labour force (827,480 of 3,956,158), ranking the largest of 18 departments.

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

What is the average income in Cortes?

Employed people in Cortes earned an average of L10,720 a month from work in 2023 against L8,722 nationally, ranking 2nd highest of 18 departments.

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

What is the income per person in Cortes?

Household income per person in Cortes averaged L5,303 a month in 2023 against L4,329 nationally, ranking 2nd highest of 18 departments.

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

What do people earn in Cortes?

Public-sector employees in Cortes earned an average of L16,532 a month in 2023, private-sector employees L11,195, domestic workers L4,337 and the self-employed L9,451.

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

What is the private sector wage in Cortes?

Private-sector employees in Cortes earned an average of L11,195 a month in 2023 against L8,245 nationally, ranking the highest of 18 departments.

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

How much do remittances matter in Cortes?

Remittances from abroad made up 5.4% of household income in Cortes in 2023 against 5.9% nationally, ranking 7th lowest of 18 departments; wages made up 61.5%.

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

How much do self-employed people earn in Cortes?

Self-employed people in Cortes earned an average of L9,451 a month in 2023 against L8,242 nationally, ranking 4th highest of 18 departments.

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

How many homes in Cortes have electricity?

99.4% of homes in Cortes had public or collective private electricity in 2023, ranking 2nd highest of 18 departments.

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

How Cortes compares with other departments

Unemployment rate (2023)

Cortes ranks 3 of 18, highest first.

RankRegionUnemployment rate
1Gracias A Dios10.8%
2Francisco Morazan9.9%
3Cortes9.1%
4Valle8.3%
5Choluteca7.0%
6Atlantida5.8%
7La Paz5.7%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Labour force participation rate (2023)

Cortes ranks 3 of 18, highest first.

RankRegionLabour force participation rate
1Islas De Bahia64.7%
2Copan60.2%
3Cortes58.9%
4Ocotepeque58.9%
5Comayagua58.3%
6Francisco Morazan57.6%
7Valle57.4%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Female labour force participation rate (2023)

Cortes ranks 3 of 18, highest first.

RankRegionFemale labour force participation rate
1Islas De Bahia52.6%
2Francisco Morazan45.7%
3Cortes45.3%
4Copan44.5%
5Valle43.5%
6Ocotepeque42.7%
7Comayagua41.5%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Underemployment (insufficient working time) (2023)

Cortes ranks 18 of 18, highest first.

RankRegionUnderemployment (insufficient working time)
12Olancho14.4%
13Comayagua13.8%
14Colon13.5%
15Atlantida12.2%
16Intibuca11.4%
17Islas De Bahia11.2%
18Cortes10.6%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Average monthly income of employed people (2023)

Cortes ranks 2 of 18, highest first.

RankRegionAverage monthly income of employed people
1Islas De BahiaL12,457
2CortesL10,720
3Francisco MorazanL10,399
4Gracias A DiosL9,155
5AtlantidaL9,069
6ColonL8,979
7ValleL8,596
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Monthly household income per person (2023)

Cortes ranks 2 of 18, highest first.

RankRegionMonthly household income per person
1Islas De BahiaL7,601
2CortesL5,303
3Francisco MorazanL4,977
4ValleL4,461
5AtlantidaL4,242
6OcotepequeL4,216
7YoroL4,210
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Remittances as a share of household income (2023)

Cortes ranks 12 of 18, highest first.

RankRegionRemittances as a share of household income
9Yoro6.9%
10Copan6.2%
11Santa Barbara5.9%
12Cortes5.4%
13Choluteca5.3%
14La Paz5.0%
15Paraiso3.9%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Average monthly income of private-sector employees (2023)

Cortes ranks 1 of 18, highest first.

RankRegionAverage monthly income of private-sector employees
1CortesL11,195
2Islas De BahiaL10,586
3Francisco MorazanL10,285
4AtlantidaL8,332
5CholutecaL7,741
6ColonL7,701
7YoroL7,478
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Homes with electricity (2023)

Cortes ranks 2 of 18, highest first.

RankRegionHomes with electricity
1Islas De Bahia100.0%
2Cortes99.4%
3Ocotepeque98.0%
4Francisco Morazan95.9%
5Santa Barbara95.9%
6Copan94.6%
7Valle94.1%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

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

Sources

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