Total factor productivity in Honduras
Honduras: Total factor productivity was 1.03 in 2023. ▼ Falling
Total factor productivity in Honduras, 1970–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
Analysis
In 2023, total factor productivity in Honduras stood at 1.03.
The figure is up 0.1% on the previous year and up 1.7% over ten years.
Over the whole period, total factor productivity in Honduras peaked at 1.46 in 1978 and was at its lowest, 0.9229, in 2020.
That places Honduras 25th out of 120 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.36 | 1.28 | 1.46 | 10 |
| 1980s | 1.31 | 1.26 | 1.39 | 10 |
| 1990s | 1.13 | 0.9511 | 1.26 | 10 |
| 2000s | 1.04 | 0.9839 | 1.1 | 10 |
| 2010s | 1.01 | 0.9813 | 1.05 | 10 |
| 2020s | 0.9941 | 0.9229 | 1.03 | 4 |
Countries ranked near Honduras
More economy & growth data for Honduras
- External balance on goods and services as a percent of GDP -21.5% (2025)
- Inflation of consumer prices 4.6% (2025)
- GDP per capita 2,628 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 15.0% (2025)
- Gross domestic product (GDP) 28.93 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,628 constant 2015 US$ (2025)
- DEC alternative conversion factor 25.95 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 328.40 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 12.65 billion current US$ (2025)
- Taxes less subsidies on products 97.13 billion current LCU (2025)
Frequently asked questions
- What is total factor productivity in Honduras?
- Total factor productivity in Honduras was 1.03 in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest total factor productivity recorded in Honduras?
- The highest recorded value was 1.46 in 1978.
- What is the lowest total factor productivity recorded in Honduras?
- The lowest recorded value was 0.9229 in 2020.
- How does Honduras rank for total factor productivity?
- Honduras ranks 25th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Honduras?
- Over the last ten years it is up 1.7%. The long-run trend across the full record is falling.
- Where does this Honduras data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This is the level of total factor productivity, relative to each country's value in 2021 (which is set to 1). This data is adjusted for inflation and differences in living costs between countries.