Honduras: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.

Honduras has no house price statistics and few statistics generally. The Instituto Nacional de Estad�stica has a really weak site with a lot of broken links. The Banco Central de Honduras has rather few statistics. The Secretar�a de Planificaci�n y Programaci�n seems a little better, with a reasonable collection of annual time-series.