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

Valle had an unemployment rate of 8.3% in 2023 (6,750 unemployed among a labour force of 81,163), above the national figure of 6.8%; this is 4th highest of 18 departments.

Unemployment rate
8.3%
2023
Average monthly income from work
L8,596
2023

What is the labour force participation rate in Valle?

The labour force participation rate in Valle was 57.4% in 2023 against 56.4% nationally, ranking 7th highest of 18 departments.

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

How many women work in Valle?

In Valle, 43.5% of women and 75.2% of men of working age were in the labour force in 2023; the female rate is 5th highest of 18 departments.

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

What is the underemployment rate in Valle?

16.0% of employed people in Valle worked fewer than 40 hours a week and wanted more in 2023 (visible underemployment), against 14.5% nationally; ranking 7th highest of 18 departments.

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

How many people are employed in Valle?

74,413 people were in work in Valle in 2023, 91.7% of its labour force of 81,163.

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

How big is the workforce of Valle?

Valle has 2.1% of Honduras's labour force (81,163 of 3,956,158), ranking 4th smallest of 18 departments.

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

What is the average income in Valle?

Employed people in Valle earned an average of L8,596 a month from work in 2023 against L8,722 nationally, ranking 7th highest of 18 departments.

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

What is the income per person in Valle?

Household income per person in Valle averaged L4,461 a month in 2023 against L4,329 nationally, ranking 4th highest of 18 departments.

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

What do people earn in Valle?

Public-sector employees in Valle earned an average of L13,660 a month in 2023, private-sector employees L7,411, domestic workers L4,985 and the self-employed L8,851.

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

What is the private sector wage in Valle?

Private-sector employees in Valle earned an average of L7,411 a month in 2023 against L8,245 nationally, ranking 8th highest of 18 departments.

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

How much do remittances matter in Valle?

Remittances from abroad made up 10.4% of household income in Valle in 2023 against 5.9% nationally, ranking 2nd highest of 18 departments; wages made up 38.5%.

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

How much do self-employed people earn in Valle?

Self-employed people in Valle earned an average of L8,851 a month in 2023 against L8,242 nationally, ranking 6th highest of 18 departments.

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

How many homes in Valle have electricity?

94.1% of homes in Valle had public or collective private electricity in 2023, ranking 7th highest of 18 departments.

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

How Valle compares with other departments

Unemployment rate (2023)

Valle ranks 4 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)

Valle ranks 7 of 18, highest first.

RankRegionLabour force participation rate
4Ocotepeque58.9%
5Comayagua58.3%
6Francisco Morazan57.6%
7Valle57.4%
8La Paz57.2%
9Intibuca56.8%
10Santa Barbara56.1%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Female labour force participation rate (2023)

Valle ranks 5 of 18, highest first.

RankRegionFemale labour force participation rate
2Francisco Morazan45.7%
3Cortes45.3%
4Copan44.5%
5Valle43.5%
6Ocotepeque42.7%
7Comayagua41.5%
8La Paz40.8%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Underemployment (insufficient working time) (2023)

Valle ranks 7 of 18, highest first.

RankRegionUnderemployment (insufficient working time)
4Santa Barbara17.2%
5Francisco Morazan16.1%
6Lempira16.1%
7Valle16.0%
8Choluteca15.9%
9Ocotepeque15.4%
10Yoro15.2%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Average monthly income of employed people (2023)

Valle ranks 7 of 18, highest first.

RankRegionAverage monthly income of employed people
4Gracias A DiosL9,155
5AtlantidaL9,069
6ColonL8,979
7ValleL8,596
8YoroL8,261
9CholutecaL8,112
10OcotepequeL7,286
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Monthly household income per person (2023)

Valle ranks 4 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)

Valle ranks 2 of 18, highest first.

RankRegionRemittances as a share of household income
1Olancho11.6%
2Valle10.4%
3Lempira9.1%
4Atlantida8.8%
5Comayagua8.4%
6Colon7.4%
7Ocotepeque7.2%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Average monthly income of private-sector employees (2023)

Valle ranks 8 of 18, highest first.

RankRegionAverage monthly income of private-sector employees
5CholutecaL7,741
6ColonL7,701
7YoroL7,478
8ValleL7,411
9OcotepequeL6,583
10Santa BarbaraL6,464
11ComayaguaL6,119
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

Homes with electricity (2023)

Valle ranks 7 of 18, highest first.

RankRegionHomes with electricity
4Francisco Morazan95.9%
5Santa Barbara95.9%
6Copan94.6%
7Valle94.1%
8Atlantida93.2%
9Comayagua93.0%
10Choluteca90.9%
Source: Instituto Nacional de Estadistica (INE), Honduras · saved copy

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

Sources

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