Economy, jobs and prices in Ocotepeque, Honduras: official figures
Ocotepeque had an unemployment rate of 3.7% in 2023 (2,782 unemployed among a labour force of 74,560), below the national figure of 6.8%; this is 3rd lowest of 18 departments.
What is the labour force participation rate in Ocotepeque?
The labour force participation rate in Ocotepeque was 58.9% in 2023 against 56.4% nationally, ranking 4th highest of 18 departments.
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copyHow many women work in Ocotepeque?
In Ocotepeque, 42.7% of women and 78.0% of men of working age were in the labour force in 2023; the female rate is 6th highest of 18 departments.
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copyWhat is the underemployment rate in Ocotepeque?
15.4% of employed people in Ocotepeque worked fewer than 40 hours a week and wanted more in 2023 (visible underemployment), against 14.5% nationally; ranking 9th highest of 18 departments.
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copyHow many people are employed in Ocotepeque?
71,779 people were in work in Ocotepeque in 2023, 96.3% of its labour force of 74,560.
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copyHow big is the workforce of Ocotepeque?
Ocotepeque has 1.9% of Honduras's labour force (74,560 of 3,956,158), ranking 3rd smallest of 18 departments.
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copyWhat is the average income in Ocotepeque?
Employed people in Ocotepeque earned an average of L7,286 a month from work in 2023 against L8,722 nationally, ranking 9th lowest of 18 departments.
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copyWhat is the income per person in Ocotepeque?
Household income per person in Ocotepeque averaged L4,216 a month in 2023 against L4,329 nationally, ranking 6th highest of 18 departments.
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copyWhat do people earn in Ocotepeque?
Public-sector employees in Ocotepeque earned an average of L14,390 a month in 2023, private-sector employees L6,583, domestic workers L3,429 and the self-employed L7,420.
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copyWhat is the private sector wage in Ocotepeque?
Private-sector employees in Ocotepeque earned an average of L6,583 a month in 2023 against L8,245 nationally, ranking 9th highest of 18 departments.
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copyHow much do remittances matter in Ocotepeque?
Remittances from abroad made up 7.2% of household income in Ocotepeque in 2023 against 5.9% nationally, ranking 7th highest of 18 departments; wages made up 46.5%.
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copyHow much do self-employed people earn in Ocotepeque?
Self-employed people in Ocotepeque earned an average of L7,420 a month in 2023 against L8,242 nationally, ranking 5th lowest of 18 departments.
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copyHow many homes in Ocotepeque have electricity?
98.0% of homes in Ocotepeque had public or collective private electricity in 2023, ranking 3rd highest of 18 departments.
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copyHow Ocotepeque compares with other departments
Unemployment rate (2023)
Ocotepeque ranks 16 of 18, highest first.
| Rank | Region | Unemployment rate |
|---|---|---|
| 12 | Islas De Bahia | 4.7% |
| 13 | Paraiso | 3.9% |
| 14 | Comayagua | 3.9% |
| 15 | Lempira | 3.9% |
| 16 | Ocotepeque | 3.7% |
| 17 | Copan | 3.2% |
| 18 | Intibuca | 3.1% |
Labour force participation rate (2023)
Ocotepeque ranks 4 of 18, highest first.
| Rank | Region | Labour force participation rate |
|---|---|---|
| 1 | Islas De Bahia | 64.7% |
| 2 | Copan | 60.2% |
| 3 | Cortes | 58.9% |
| 4 | Ocotepeque | 58.9% |
| 5 | Comayagua | 58.3% |
| 6 | Francisco Morazan | 57.6% |
| 7 | Valle | 57.4% |
Female labour force participation rate (2023)
Ocotepeque ranks 6 of 18, highest first.
| Rank | Region | Female labour force participation rate |
|---|---|---|
| 3 | Cortes | 45.3% |
| 4 | Copan | 44.5% |
| 5 | Valle | 43.5% |
| 6 | Ocotepeque | 42.7% |
| 7 | Comayagua | 41.5% |
| 8 | La Paz | 40.8% |
| 9 | Choluteca | 38.8% |
Underemployment (insufficient working time) (2023)
Ocotepeque ranks 9 of 18, highest first.
| Rank | Region | Underemployment (insufficient working time) |
|---|---|---|
| 6 | Lempira | 16.1% |
| 7 | Valle | 16.0% |
| 8 | Choluteca | 15.9% |
| 9 | Ocotepeque | 15.4% |
| 10 | Yoro | 15.2% |
| 11 | Copan | 14.8% |
| 12 | Olancho | 14.4% |
Average monthly income of employed people (2023)
Ocotepeque ranks 10 of 18, highest first.
| Rank | Region | Average monthly income of employed people |
|---|---|---|
| 7 | Valle | L8,596 |
| 8 | Yoro | L8,261 |
| 9 | Choluteca | L8,112 |
| 10 | Ocotepeque | L7,286 |
| 11 | Comayagua | L7,257 |
| 12 | Paraiso | L7,126 |
| 13 | Olancho | L7,074 |
Monthly household income per person (2023)
Ocotepeque ranks 6 of 18, highest first.
| Rank | Region | Monthly household income per person |
|---|---|---|
| 3 | Francisco Morazan | L4,977 |
| 4 | Valle | L4,461 |
| 5 | Atlantida | L4,242 |
| 6 | Ocotepeque | L4,216 |
| 7 | Yoro | L4,210 |
| 8 | Colon | L4,207 |
| 9 | Comayagua | L4,021 |
Remittances as a share of household income (2023)
Ocotepeque ranks 7 of 18, highest first.
| Rank | Region | Remittances as a share of household income |
|---|---|---|
| 4 | Atlantida | 8.8% |
| 5 | Comayagua | 8.4% |
| 6 | Colon | 7.4% |
| 7 | Ocotepeque | 7.2% |
| 8 | Intibuca | 7.1% |
| 9 | Yoro | 6.9% |
| 10 | Copan | 6.2% |
Average monthly income of private-sector employees (2023)
Ocotepeque ranks 9 of 18, highest first.
| Rank | Region | Average monthly income of private-sector employees |
|---|---|---|
| 6 | Colon | L7,701 |
| 7 | Yoro | L7,478 |
| 8 | Valle | L7,411 |
| 9 | Ocotepeque | L6,583 |
| 10 | Santa Barbara | L6,464 |
| 11 | Comayagua | L6,119 |
| 12 | Copan | L6,113 |
Homes with electricity (2023)
Ocotepeque ranks 3 of 18, highest first.
| Rank | Region | Homes with electricity |
|---|---|---|
| 1 | Islas De Bahia | 100.0% |
| 2 | Cortes | 99.4% |
| 3 | Ocotepeque | 98.0% |
| 4 | Francisco Morazan | 95.9% |
| 5 | Santa Barbara | 95.9% |
| 6 | Copan | 94.6% |
| 7 | Valle | 94.1% |
More on Ocotepeque: overview · health · education and schools · poverty and living standards · Honduras
Sources
- Instituto Nacional de Estadistica (INE), Honduras: Encuesta Permanente de Hogares de Propositos Multiples (EPHPM) 2023, consolidated four-quarter base: results by department, read 23 October 2026 · saved copy (SHA-256 84490a09493a…)
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