Expense in Honduras
Honduras: Expense was 24.4% in 2020. ▲ Rising
Expense in Honduras, 1972–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Honduras is 24.4%, measured in 2020. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 7.2% over ten years.
Over the whole period, expense in Honduras peaked at 24.4% in 2020 and was at its lowest, 8.9%, in 1974.
That places Honduras 90th out of 157 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Expense in Honduras, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 10.3% | — |
| 1973 | 9.0% | -12.2% |
| 1974 | 8.9% | -1.5% |
| 1975 | 10.1% | +13.4% |
| 1976 | 10.6% | +5.9% |
| 2003 | 20.9% | +96.3% |
| 2004 | 19.5% | -6.5% |
| 2005 | 19.9% | +1.7% |
| 2006 | 19.9% | +0.1% |
| 2007 | 22.4% | +12.6% |
| 2008 | 22.0% | -1.7% |
| 2009 | 23.6% | +7.1% |
| 2010 | 22.7% | -3.6% |
| 2011 | 22.5% | -1.1% |
| 2012 | 23.5% | +4.4% |
| 2013 | 23.9% | +1.7% |
| 2014 | 24.2% | +1.5% |
| 2015 | 22.0% | -9.3% |
| 2020 | 24.4% | +11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.8% | 8.9% | 10.6% | 5 |
| 2000s | 21.2% | 19.5% | 23.6% | 7 |
| 2010s | 23.1% | 22.0% | 24.2% | 6 |
| 2020s | 24.4% | 24.4% | 24.4% | 1 |
Countries ranked near Honduras
- 87 Eswatini 24.6% compare
- 88 Chile 24.6% compare
- 89 United States of America 24.4% compare
- 91 Saudi Arabia 24.2% compare
- 92 Bhutan 24.1% compare
- 93 Kyrgyzstan 23.7% 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)
- GDP (constant 2015 US$), annual growth rate 3.75 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7304 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,628 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3.75 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 6.62 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 23,814 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 548.34 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.0264 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is expense in Honduras?
- Expense in Honduras was 24.4% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Honduras?
- The highest recorded value was 24.4% in 2020.
- What is the lowest expense recorded in Honduras?
- The lowest recorded value was 8.9% in 1974.
- How does Honduras rank for expense?
- Honduras ranks 90th out of 157 countries with data for 2020.
- Is expense rising or falling in Honduras?
- Over the last ten years it is up 7.2%. The long-run trend across the full record is rising.
- Where does this Honduras data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.