Trade in services in Honduras
Honduras: Trade in services was 20.2% in 2025. ▲ Rising
Trade in services in Honduras, 1974–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, trade in services in Honduras stood at 20.2%.
Compared with earlier readings it is down 0.2% on the previous year and down 8.1% over ten years.
Over the whole period, trade in services in Honduras peaked at 27.7% in 2005 and was at its lowest, 6.2%, in 1982.
That places Honduras 106th out of 200 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Trade in services in Honduras, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | 7.7% | — |
| 1975 | 7.9% | +2.0% |
| 1976 | 7.6% | -4.1% |
| 1977 | 8.0% | +5.4% |
| 1978 | 7.5% | -6.1% |
| 1979 | 8.0% | +6.9% |
| 1980 | 8.0% | +0.2% |
| 1981 | 7.3% | -9.5% |
| 1982 | 6.2% | -13.9% |
| 1983 | 6.6% | +5.1% |
| 1984 | 7.1% | +7.5% |
| 1985 | 6.9% | -2.1% |
| 1986 | 6.5% | -5.2% |
| 1987 | 6.4% | -2.1% |
| 1988 | 7.2% | +12.8% |
| 1989 | 8.7% | +20.1% |
| 1990 | 9.6% | +10.1% |
| 1991 | 10.9% | +13.6% |
| 1992 | 10.8% | -0.6% |
| 1993 | 15.4% | +42.6% |
| 1994 | 17.4% | +13.1% |
| 1995 | 16.7% | -4.3% |
| 1996 | 17.0% | +2.1% |
| 1997 | 18.1% | +6.1% |
| 1998 | 20.4% | +13.2% |
| 1999 | 23.7% | +15.9% |
| 2000 | 26.7% | +12.9% |
| 2001 | 25.7% | -3.9% |
| 2002 | 27.4% | +6.5% |
| 2003 | 26.1% | -4.8% |
| 2004 | 27.5% | +5.7% |
| 2005 | 27.7% | +0.6% |
| 2006 | 26.2% | -5.3% |
| 2007 | 23.5% | -10.3% |
| 2008 | 23.5% | -0.4% |
| 2009 | 19.4% | -17.1% |
| 2010 | 20.7% | +6.4% |
| 2011 | 20.9% | +1.0% |
| 2012 | 21.0% | +0.6% |
| 2013 | 21.8% | +3.6% |
| 2014 | 21.9% | +0.6% |
| 2015 | 22.0% | +0.2% |
| 2016 | 20.9% | -5.0% |
| 2017 | 20.8% | -0.2% |
| 2018 | 21.4% | +2.7% |
| 2019 | 21.7% | +1.4% |
| 2020 | 16.2% | -25.1% |
| 2021 | 20.2% | +24.4% |
| 2022 | 22.7% | +12.4% |
| 2023 | 21.6% | -5.1% |
| 2024 | 20.2% | -6.2% |
| 2025 | 20.2% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.8% | 7.5% | 8.0% | 6 |
| 1980s | 7.1% | 6.2% | 8.7% | 10 |
| 1990s | 16.0% | 9.6% | 23.7% | 10 |
| 2000s | 25.4% | 19.4% | 27.7% | 10 |
| 2010s | 21.3% | 20.7% | 22.0% | 10 |
| 2020s | 20.2% | 16.2% | 22.7% | 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)
- Gross capital formation (current US$), annual growth rate 11.56 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2416 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 869.5 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 16.75 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 6.27 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 22,566 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 13.39 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1844 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in services in Honduras?
- Trade in services in Honduras was 20.2% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Honduras?
- The highest recorded value was 27.7% in 2005.
- What is the lowest trade in services recorded in Honduras?
- The lowest recorded value was 6.2% in 1982.
- How does Honduras rank for trade in services?
- Honduras ranks 106th out of 200 countries with data for 2025.
- Is trade in services rising or falling in Honduras?
- Over the last ten years it is down 8.1%. The long-run trend across the full record is rising.
- 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 Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. 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.