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Economy, jobs and prices in La Paz, Honduras: official figures

La Paz had an unemployment rate of 5.7% in 2023 (5,275 unemployed among a labour force of 92,415), below the national figure of 6.8%; this is 7th highest of 18 departments.

Unemployment rate
5.7%
2023
Average monthly income from work
L6,522
2023

What is the labour force participation rate in La Paz?

The labour force participation rate in La Paz was 57.2% in 2023 against 56.4% nationally, ranking 8th highest of 18 departments.

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

How many women work in La Paz?

In La Paz, 40.8% of women and 76.8% of men of working age were in the labour force in 2023; the female rate is 8th highest of 18 departments.

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

What is the underemployment rate in La Paz?

19.7% of employed people in La Paz worked fewer than 40 hours a week and wanted more in 2023 (visible underemployment), against 14.5% nationally; ranking 2nd highest of 18 departments.

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

How many people are employed in La Paz?

87,140 people were in work in La Paz in 2023, 94.3% of its labour force of 92,415.

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

How big is the workforce of La Paz?

La Paz has 2.3% of Honduras's labour force (92,415 of 3,956,158), ranking 5th smallest of 18 departments.

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

What is the average income in La Paz?

Employed people in La Paz earned an average of L6,522 a month from work in 2023 against L8,722 nationally, ranking 2nd lowest of 18 departments.

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

What is the income per person in La Paz?

Household income per person in La Paz averaged L3,563 a month in 2023 against L4,329 nationally, ranking 7th lowest of 18 departments.

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

What do people earn in La Paz?

Public-sector employees in La Paz earned an average of L14,575 a month in 2023, private-sector employees L4,678, domestic workers L3,497 and the self-employed L7,166.

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

What is the private sector wage in La Paz?

Private-sector employees in La Paz earned an average of L4,678 a month in 2023 against L8,245 nationally, ranking 3rd lowest of 18 departments.

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

How much do remittances matter in La Paz?

Remittances from abroad made up 5.0% of household income in La Paz in 2023 against 5.9% nationally, ranking 5th lowest of 18 departments; wages made up 54.7%.

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

How much do self-employed people earn in La Paz?

Self-employed people in La Paz earned an average of L7,166 a month in 2023 against L8,242 nationally, ranking 4th lowest of 18 departments.

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

How many homes in La Paz have electricity?

84.7% of homes in La Paz had public or collective private electricity in 2023, ranking 6th lowest of 18 departments.

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

How La Paz compares with other departments

Unemployment rate (2023)

La Paz ranks 7 of 18, highest first.

RankRegionUnemployment rate
4Valle8.3%
5Choluteca7.0%
6Atlantida5.8%
7La Paz5.7%
8Yoro5.4%
9Colon5.1%
10Santa Barbara5.0%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Labour force participation rate (2023)

La Paz ranks 8 of 18, highest first.

RankRegionLabour force participation rate
5Comayagua58.3%
6Francisco Morazan57.6%
7Valle57.4%
8La Paz57.2%
9Intibuca56.8%
10Santa Barbara56.1%
11Colon55.3%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Female labour force participation rate (2023)

La Paz ranks 8 of 18, highest first.

RankRegionFemale labour force participation rate
5Valle43.5%
6Ocotepeque42.7%
7Comayagua41.5%
8La Paz40.8%
9Choluteca38.8%
10Colon38.6%
11Yoro37.8%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Underemployment (insufficient working time) (2023)

La Paz ranks 2 of 18, highest first.

RankRegionUnderemployment (insufficient working time)
1Gracias A Dios20.9%
2La Paz19.7%
3Paraiso19.6%
4Santa Barbara17.2%
5Francisco Morazan16.1%
6Lempira16.1%
7Valle16.0%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Average monthly income of employed people (2023)

La Paz ranks 17 of 18, highest first.

RankRegionAverage monthly income of employed people
12ParaisoL7,126
13OlanchoL7,074
14IntibucaL6,850
15Santa BarbaraL6,683
16CopanL6,650
17La PazL6,522
18LempiraL5,398
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Monthly household income per person (2023)

La Paz ranks 12 of 18, highest first.

RankRegionMonthly household income per person
9ComayaguaL4,021
10CholutecaL3,921
11CopanL3,797
12La PazL3,563
13OlanchoL3,503
14ParaisoL3,447
15IntibucaL3,338
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Remittances as a share of household income (2023)

La Paz ranks 14 of 18, highest first.

RankRegionRemittances as a share of household income
11Santa Barbara5.9%
12Cortes5.4%
13Choluteca5.3%
14La Paz5.0%
15Paraiso3.9%
16Francisco Morazan3.0%
17Islas De Bahia3.0%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Average monthly income of private-sector employees (2023)

La Paz ranks 16 of 18, highest first.

RankRegionAverage monthly income of private-sector employees
12CopanL6,113
13OlanchoL5,742
14ParaisoL5,487
15Gracias A DiosL5,216
16La PazL4,678
17IntibucaL4,592
18LempiraL4,263
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Homes with electricity (2023)

La Paz ranks 13 of 18, highest first.

RankRegionHomes with electricity
10Choluteca90.9%
11Yoro90.2%
12Olancho85.8%
13La Paz84.7%
14Lempira84.0%
15Colon81.9%
16Intibuca77.8%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

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

Sources

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