Taxes on incomes of individuals and corporations as share of GDP in Honduras
Honduras: Taxes on incomes of individuals and corporations as share of GDP was 6.3% in 2022. ▲ Rising
Latest (2022)
6.3%
Change on year
up 20.5%
World rank
88th
of 184 countries
All-time high
6.3%
in 2018
All-time low
2.6%
in 1991
Years of data
32
1991–2022
Taxes on incomes of individuals and corporations as share of GDP in Honduras, 1991–2022
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
Honduras recorded 6.3% for taxes on incomes of individuals and corporations as share of gdp in 2022.
The figure is up 20.5% on the previous year and up 31.1% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Honduras peaked at 6.3% in 2018 and was at its lowest, 2.6%, in 1991.
Honduras ranks 88th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Taxes on incomes of individuals and corporations as share of GDP in Honduras, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 2.6% | — |
| 1992 | 3.2% | +22.7% |
| 1993 | 3.3% | +2.9% |
| 1994 | 2.7% | -17.0% |
| 1995 | 3.6% | +32.9% |
| 1996 | 3.1% | -14.3% |
| 1997 | 3.0% | -1.7% |
| 1998 | 3.6% | +18.7% |
| 1999 | 3.1% | -14.1% |
| 2000 | 2.7% | -12.1% |
| 2001 | 3.0% | +9.6% |
| 2002 | 2.9% | -1.6% |
| 2003 | 3.1% | +5.3% |
| 2004 | 3.6% | +17.9% |
| 2005 | 3.8% | +5.2% |
| 2006 | 4.5% | +17.0% |
| 2007 | 5.1% | +13.0% |
| 2008 | 5.0% | -1.1% |
| 2009 | 4.5% | -9.6% |
| 2010 | 4.4% | -2.5% |
| 2011 | 5.0% | +12.5% |
| 2012 | 4.8% | -3.8% |
| 2013 | 5.1% | +7.3% |
| 2014 | 5.1% | +0.1% |
| 2015 | 5.4% | +5.5% |
| 2016 | 6.0% | +10.6% |
| 2017 | 6.1% | +2.4% |
| 2018 | 6.3% | +2.8% |
| 2019 | 5.7% | -9.5% |
| 2020 | 4.3% | -24.4% |
| 2021 | 5.2% | +20.6% |
| 2022 | 6.3% | +20.5% |
Honduras compared with similar countries
- Honduras's 6.3% is above the median for lower middle income countries, which is 5.4%, 1.2× the median. (45 countries reporting)
- Honduras's 6.3% is above the median for Latin America & Caribbean, which is 5.8%, 1.1× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.1% | 2.6% | 3.6% | 9 |
| 2000s | 3.8% | 2.7% | 5.1% | 10 |
| 2010s | 5.4% | 4.4% | 6.3% | 10 |
| 2020s | 5.3% | 4.3% | 6.3% | 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 incomes of individuals and corporations as share of gdp in Honduras?
- Taxes on incomes of individuals and corporations as share of gdp in Honduras was 6.3% in 2022, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Honduras?
- The highest recorded value was 6.3% in 2018.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Honduras?
- The lowest recorded value was 2.6% in 1991.
- How does Honduras rank for taxes on incomes of individuals and corporations as share of gdp?
- Honduras ranks 88th out of 184 countries with data for 2022.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Honduras?
- Over the last ten years it is up 31.1%. 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 incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.