· Belize · Costa Rica · El Salvador · Guatemala · Honduras · Nicaragua · Panama
Rio Coco divides Honduras and Nicaragua.
Nicaragua is south of Honduras.
Honduras is bordered by Guatemala, El Salvador and Nicaragua.
Nicaragua shares 2 borders with Costa Rica and Honduras
The country that is located south of Honduras and north of Costa Rica would be Nicaragua. Nicaragua is the largest country located in Central America.
Honduras
Lake Nicaragua is in Nicaragua, which is in Central America under Honduras and El Salvador
Honduras and Costa Rica
Honduras has land borders with Guatemala, El Salvador, and Nicaragua.
The only country that shares borders with both Guatemala and Nicaragua is Honduras. Officially the Republic of Honduras, its capital city is Tegucigalpa.
The country that borders Guatemala and Nicaragua is Honduras.