Insurance and financial services in Honduras
Honduras: Insurance and financial services was 8.3% in 2025. ◆ Volatile
Insurance and financial services in Honduras, 1974–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
In 2025, insurance and financial services in Honduras stood at 8.3%.
The figure is down 3.2% on the previous year and up 27.7% over ten years.
Over the whole period, insurance and financial services in Honduras peaked at 16.6% in 1984 and was at its lowest, 0.7%, in 1999.
That places Honduras 70th out of 197 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Honduras, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1974 | 10.0% | — |
| 1975 | 10.4% | +4.1% |
| 1976 | 11.5% | +10.2% |
| 1977 | 11.8% | +2.7% |
| 1978 | 12.1% | +2.5% |
| 1979 | 11.8% | -2.7% |
| 1980 | 12.3% | +4.7% |
| 1981 | 14.0% | +13.2% |
| 1982 | 14.6% | +4.8% |
| 1983 | 13.7% | -6.3% |
| 1984 | 16.6% | +20.9% |
| 1985 | 13.3% | -19.7% |
| 1986 | 13.0% | -2.4% |
| 1987 | 14.8% | +13.7% |
| 1988 | 14.3% | -2.9% |
| 1989 | 15.3% | +6.5% |
| 1990 | 14.5% | -5.0% |
| 1991 | 14.2% | -2.4% |
| 1992 | 14.6% | +2.8% |
| 1993 | 4.0% | -72.3% |
| 1994 | 2.4% | -40.3% |
| 1995 | 2.4% | -0.6% |
| 1996 | 1.9% | -21.5% |
| 1997 | 1.9% | +1.1% |
| 1998 | 0.7% | -61.2% |
| 1999 | 0.7% | -5.7% |
| 2000 | 1.7% | +136.9% |
| 2001 | 1.6% | -2.3% |
| 2002 | 1.7% | +7.4% |
| 2003 | 3.9% | +127.3% |
| 2004 | 2.9% | -27.4% |
| 2005 | 2.3% | -19.8% |
| 2006 | 2.3% | +0.4% |
| 2007 | 8.2% | +255.4% |
| 2008 | 6.8% | -17.3% |
| 2009 | 6.3% | -7.4% |
| 2010 | 9.2% | +47.6% |
| 2011 | 7.2% | -22.5% |
| 2012 | 5.0% | -30.0% |
| 2013 | 7.1% | +41.3% |
| 2014 | 4.7% | -33.3% |
| 2015 | 6.5% | +37.8% |
| 2016 | 7.2% | +10.5% |
| 2017 | 7.7% | +6.6% |
| 2018 | 7.0% | -8.5% |
| 2019 | 7.2% | +2.2% |
| 2020 | 10.3% | +43.7% |
| 2021 | 6.8% | -33.8% |
| 2022 | 5.3% | -22.7% |
| 2023 | 6.2% | +16.7% |
| 2024 | 8.6% | +39.2% |
| 2025 | 8.3% | -3.2% |
Honduras compared with similar countries
- Honduras's 8.3% is above the median for lower middle income countries, which is 6.5%, 1.3× the median. (47 countries reporting)
- Honduras's 8.3% is below the median for Latin America & Caribbean, which is 10.1%, 82% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Honduras changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +255.4% | 2.3% | 8.2% |
| 2000 | +136.9% | 0.7% | 1.7% |
| 2003 | +127.3% | 1.7% | 3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.3% | 10.0% | 12.1% | 6 |
| 1980s | 14.2% | 12.3% | 16.6% | 10 |
| 1990s | 5.7% | 0.7% | 14.6% | 10 |
| 2000s | 3.8% | 1.6% | 8.2% | 10 |
| 2010s | 6.9% | 4.7% | 9.2% | 10 |
| 2020s | 7.6% | 5.3% | 10.3% | 6 |
Countries ranked near Honduras
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 insurance and financial services in Honduras?
- Insurance and financial services in Honduras was 8.3% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Honduras?
- The highest recorded value was 16.6% in 1984.
- What is the lowest insurance and financial services recorded in Honduras?
- The lowest recorded value was 0.7% in 1999.
- How does Honduras rank for insurance and financial services?
- Honduras ranks 70th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Honduras?
- Over the last ten years it is up 27.7%. The long-run trend across the full record is volatile.
- Where does this Honduras data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of service imports, BoP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.