Debt service as a share of exports of good and services in Honduras
Honduras: Debt service as a share of exports of good and services was 9.6% in 2023. ◆ Volatile
Debt service as a share of exports of good and services in Honduras, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for debt service as a share of exports of good and services in Honduras is 9.6%, measured in 2023.
That represents a change of up 30.2% on the previous year and up 205.1% over ten years.
Over the whole period, debt service as a share of exports of good and services in Honduras peaked at 17.6% in 2020 and was at its lowest, 2.0%, in 2012.
That places Honduras 42nd out of 116 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a share of exports of good and services in Honduras, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 6.7% | — |
| 2001 | 5.2% | -21.7% |
| 2002 | 7.6% | +45.4% |
| 2003 | 8.4% | +10.1% |
| 2004 | 6.6% | -21.5% |
| 2005 | 5.8% | -11.6% |
| 2006 | 3.8% | -34.3% |
| 2007 | 3.4% | -10.2% |
| 2008 | 2.1% | -39.5% |
| 2009 | 3.8% | +82.6% |
| 2010 | 2.2% | -41.0% |
| 2011 | 2.1% | -7.2% |
| 2012 | 2.0% | -1.0% |
| 2013 | 3.1% | +53.7% |
| 2014 | 4.3% | +38.1% |
| 2015 | 4.8% | +9.9% |
| 2016 | 5.8% | +22.2% |
| 2017 | 5.7% | -3.1% |
| 2018 | 7.1% | +25.8% |
| 2019 | 7.8% | +10.3% |
| 2020 | 17.6% | +124.3% |
| 2021 | 6.7% | -62.0% |
| 2022 | 7.4% | +10.3% |
| 2023 | 9.6% | +30.2% |
Honduras compared with similar countries
- Honduras's 9.6% is above the median for lower middle income countries, which is 7.1%, 1.4× the median. (43 countries reporting)
- Honduras's 9.6% is above the median for Latin America & Caribbean, which is 7.7%, 1.3× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.3% | 2.1% | 8.4% | 10 |
| 2010s | 4.5% | 2.0% | 7.8% | 10 |
| 2020s | 10.3% | 6.7% | 17.6% | 4 |
Countries ranked near Honduras
- 39 Central African Republic 9.7% compare
- 39 Montenegro 9.7% compare
- 41 Mauritius 9.6% compare
- 43 Nepal 9.4% compare
- 44 Belarus 9.1% compare
- 45 Mauritania 9.1% compare
More economy & growth data for Honduras
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.94 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 586.56 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0148 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 53.3 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.40 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 192.3 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0353 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 126.85 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 26.98 % change on previous year (2025)
Frequently asked questions
- What is debt service as a share of exports of good and services in Honduras?
- Debt service as a share of exports of good and services in Honduras was 9.6% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Honduras?
- The highest recorded value was 17.6% in 2020.
- What is the lowest debt service as a share of exports of good and services recorded in Honduras?
- The lowest recorded value was 2.0% in 2012.
- How does Honduras rank for debt service as a share of exports of good and services?
- Honduras ranks 42nd out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Honduras?
- Over the last ten years it is up 205.1%. The long-run trend across the full record is volatile.
- Where does this Honduras data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).