Honduras: Net incurrence of liabilities, total (current LCU)

Key figures

What the numbers say

In 2015, Honduras' net incurrence of liabilities, total (current LCU) fell 24.6% on 2014 (from 14.2 billion to 10.71 billion).

Across the 15 yearly changes before that (1973 to 2014), the average change was +42.4% and a typical year strayed about 104.7% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 321.2% in 2009 and the biggest yearly fall was 77.2% in 1973. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2006 to 2015 the straight-line trend is upward, about 1.87 billion a year. A straight line explains 32% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

What this measures

Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

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).

All 18 values

Net incurrence of liabilities, total (current LCU) in nearby economies

• Argentina — 21.12 trillion (2024)
• Bahamas, The — 61.81 million (2024)
• Barbados — 464.42 million (2016)
• Brazil — 865.42 billion (2024)
• Chile — 7.77 trillion (2024)
• Colombia — 99.03 trillion (2024)
• Dominican Republic — 208.08 billion (2024)
• Ecuador — 2.95 billion (2022)
• El Salvador — 859.6 million (2024)
• Guatemala

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

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Questions people ask

What is Honduras's net incurrence of liabilities, total (current LCU)?

10.71 billion in 2015, according to the World Bank (World Development Indicators).

How has it changed since 1972?

It is up 19,768% from 53.9 million in 1972 (13.1% a year on average, compounded). The highest value was 36.45 billion in 2013 and the lowest 12.3 million in 1973.

Is the latest change in net incurrence of liabilities, total (current LCU) unusual for Honduras?

In 2015, Honduras' net incurrence of liabilities, total (current LCU) fell 24.6% on 2014 (from 14.2 billion to 10.71 billion). Across the 15 yearly changes before that (1973 to 2014), the average change was +42.4% and a typical year strayed about 104.7% from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator GC.LBL.TOTL.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) 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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