Taxes on income vs. taxes on goods and services in Honduras
Honduras: Taxes on income vs. taxes on goods and services was 10.1% in 2022. ▲ Rising
Taxes on income vs. taxes on goods and services in Honduras, 1991–2022
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
In 2022, taxes on income vs. taxes on goods and services in Honduras stood at 10.1%.
The figure is down 7.1% on the previous year and up 11.2% over ten years.
Over the whole period, taxes on income vs. taxes on goods and services in Honduras peaked at 11.1% in 2015 and was at its lowest, 4.7%, in 1991.
That places Honduras 68th out of 187 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Taxes on income vs. taxes on goods and services in Honduras, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 4.7% | — |
| 1992 | 4.9% | +5.7% |
| 1993 | 4.8% | -2.9% |
| 1994 | 5.0% | +4.1% |
| 1995 | 5.7% | +14.2% |
| 1996 | 5.8% | +2.5% |
| 1997 | 6.7% | +14.1% |
| 1998 | 7.9% | +18.3% |
| 1999 | 9.7% | +23.1% |
| 2000 | 9.1% | -6.7% |
| 2001 | 8.8% | -2.3% |
| 2002 | 9.0% | +2.3% |
| 2003 | 9.4% | +3.4% |
| 2004 | 9.5% | +1.0% |
| 2005 | 9.3% | -2.1% |
| 2006 | 9.5% | +3.1% |
| 2007 | 10.0% | +4.9% |
| 2008 | 9.9% | -1.4% |
| 2009 | 8.8% | -10.7% |
| 2010 | 8.9% | +1.1% |
| 2011 | 8.9% | +0.2% |
| 2012 | 9.1% | +1.7% |
| 2013 | 9.2% | +0.8% |
| 2014 | 10.6% | +15.6% |
| 2015 | 11.1% | +4.6% |
| 2016 | 11.0% | -0.7% |
| 2017 | 10.8% | -1.8% |
| 2018 | 10.8% | -0.2% |
| 2019 | 10.6% | -1.2% |
| 2020 | 9.3% | -12.4% |
| 2021 | 10.9% | +16.7% |
| 2022 | 10.1% | -7.1% |
Honduras compared with similar countries
- Honduras's 10.1% is above the median for lower middle income countries, which is 6.1%, 1.7× the median. (47 countries reporting)
- Honduras's 10.1% is above the median for Latin America & Caribbean, which is 8.4%, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.1% | 4.7% | 9.7% | 9 |
| 2000s | 9.3% | 8.8% | 10.0% | 10 |
| 2010s | 10.1% | 8.9% | 11.1% | 10 |
| 2020s | 10.1% | 9.3% | 10.9% | 3 |
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 taxes on income vs. taxes on goods and services in Honduras?
- Taxes on income vs. taxes on goods and services in Honduras was 10.1% in 2022, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on income vs. taxes on goods and services recorded in Honduras?
- The highest recorded value was 11.1% in 2015.
- What is the lowest taxes on income vs. taxes on goods and services recorded in Honduras?
- The lowest recorded value was 4.7% in 1991.
- How does Honduras rank for taxes on income vs. taxes on goods and services?
- Honduras ranks 68th out of 187 countries with data for 2022.
- Is taxes on income vs. taxes on goods and services rising or falling in Honduras?
- Over the last ten years it is up 11.2%. The long-run trend across the full record is rising.
- Where does this Honduras data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on income vs. taxes on goods and services. Statizoid updates them automatically from the source API.
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About this data
Total taxes on income (individual and corporate) vs. total taxes on goods and services (including VAT and sales taxes), as a share of GDP.