Honduras's expense (% of GDP) was 24.39% in 2020, the latest year in the World Bank's World Development Indicators. That is up 1.64 percentage points from 22.75% in 2010.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 24.39% | 2020 |
| Five years earlier | 21.98% | 2015 |
| Ten years earlier | 22.75% | 2010 |
| Highest | 24.39% | 2020 |
| Lowest | 8.87% | 1974 |
| Average since 2011 | 23.42% | 2011–2020 |
| First recorded | 10.26% | 1972 |
What the numbers say
On record, the biggest yearly rise was 2.52 percentage points in 2007 and the biggest yearly fall was 2.27 percentage points in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2020, Honduras had the 7th highest value of the 10 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Honduras | 24.39% | 2020 |
| World | 28.49% | 2022 |
| Latin America & Caribbean | 27.57% | 2023 |
| Lower middle income | 15.71% | 2018 |
Closest to Honduras in the 2020 ranking
- Jamaica — 4th of 10: 27.47%
- St. Kitts and Nevis — 5th of 10: 26.75%
- Bahrain — 6th of 10: 26.11%
- Bhutan — 8th of 10: 24.08%
- Micronesia, Fed. Sts. — 9th of 10: 23.43%
- Mali — 10th of 10: 12.24%
What this measures
Expense is a decrease in net worth resulting from a transaction. 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.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
Regional and income-group figures are computed by the World Bank as a weighted average.
All 19 values
| Year | Expense (% of GDP) |
|---|---|
| 2020 | 24.39 |
| 2019 | no data |
| 2018 | no data |
| 2017 | no data |
| 2016 | no data |
| 2015 | 21.98 |
| 2014 | 24.24 |
| 2013 | 23.89 |
| 2012 | 23.5 |
| 2011 | 22.5 |
| 2010 |
Expense (% of GDP) in nearby economies
- Argentina — 21.01% (2023)
- Bahamas, The — 20.35% (2023)
- Barbados — 28.77% (2016)
- Belize — 22.34% (2017)
- Brazil — 32.43% (2023)
- Chile — 24.56% (2023)
- Colombia — 33.28% (2023)
- Costa Rica — 28.57% (2023)
- Dominican Republic — 18.07% (2023)
- Ecuador — 30.44% (2022)
- El Salvador — 27.92% (2023)
- Guatemala — 13.51% (2023)
More public sector data for Honduras
- Military expenditure (current USD) — 580.25 million (2025)
- Military expenditure (current LCU) — 15.09 billion (2025)
- Military expenditure (% of GDP) — 1.46% (2025)
- Armed forces personnel, total — 23,000 (2020)
- Arms imports (SIPRI trend indicator values) — 7 million (2024)
- Armed forces personnel (% of total labor force) — 0.56% (2020)
- Intentional homicides (per 100,000 people) — 31.44 (2023)
- Military expenditure (% of general government expenditure) — 5.66% (2025)
- Grants and other revenue (current LCU) — 20.53 billion (2020)
- Grants and other revenue (% of revenue)
Reading data like this
Questions people ask
- What is Honduras's expense (% of GDP)?
- 24.39% in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1972?
- It is up 14.13 percentage points from 10.26% in 1972. The highest value was 24.39% in 2020 and the lowest 8.87% in 1974.
- How does Honduras rank?
- 7th highest of 10 economies with data for 2020.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD).
Source
World Bank, World Development Indicators, indicator GC.XPN.TOTL.GD.ZS, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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