Honduras: Primary government expenditures as a proportion of original approved budget (%)

Key figures

What the numbers say

In 2021, Honduras' primary government expenditures as a proportion of original approved budget (%) fell 2.46 percentage points on 2020 (from 102.35% to 99.89%).

Across the 12 yearly changes before that (2007 to 2020), the average change was −1.27 percentage points and a typical year strayed about 8 percentage points from that (the standard deviation). This year's change was 0.1 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 10.66 percentage points in 2013 and the biggest yearly fall was 17.98 percentage points in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 there is no clear straight-line trend: a straight line explains 15% of the movement over 9 observed years, so the value is moving around more than it is heading anywhere.

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

How it compares

In 2021, Honduras had the 10th highest value of the 18 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.

Closest to Honduras in the 2021 ranking

• Luxembourg — 7th of 18: 107%
• Estonia — 8th of 18: 103.88%
• Brazil — 9th of 18: 100.83%
• Uruguay — 11th of 18: 97.8%
• Costa Rica — 12th of 18: 95.59%
• Paraguay — 13th of 18: 89.88%

What this measures

Primary government expenditures as a proportion of original approved budget measures the extent to which aggregate budget expenditure outturn reflects the amount originally approved, as defined in government budget documentation and fiscal reports. The coverage is budgetary central government (BCG) and the time period covered is the last three completed fiscal years.

Limitations: Although not all countries have used the PEFA methodology on an annual basis for the PEFA PI-1 indicator, the methodology relies on standard data sets for approved and final budget outturns which are commonly produced at least annually in every country. The countries that have not used the methodology to date are primarily highly developed countries which would have less difficulty in providing the necessary data than those in the lower and middle income categories that have been primary users of Public Expenditure and Financial Accountability (PEFA) to date. (As of: 2024-07-29) One limitation of the indicator is that it is an aggregate indicator of budget reliability.

All 15 values

Primary government expenditures as a proportion of original approved budget (%) in nearby economies

• Antigua and Barbuda — 95.49% (2019)
• Argentina — 128.21% (2021)
• Belize — 101.14% (2022)
• Bolivia — 82.65% (2022)
• Brazil — 100.83% (2021)
• Chile — 100.6% (2022)
• Colombia — 88.98% (2022)
• Costa Rica — 95.59% (2021)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Honduras's primary government expenditures as a proportion of original approved budget (%)?

99.89% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 2006?

It is down 6.34 percentage points from 106.23% in 2006. The highest value was 110.16% in 2016 and the lowest 87.75% in 2012.

How does Honduras rank?

10th highest of 18 economies with data for 2021.

Is the latest change in primary government expenditures as a proportion of original approved budget (%) unusual for Honduras?

Source

World Bank, World Development Indicators, indicator GF.XPD.BUDG.ZS, licensed CC BY 4.0. Original source: Public Expenditure and Financial Accountability (PEFA), World Bank (WB), uri: https://www.pefa.org/node/5239, note: The raw data collected in order to calculate this indicator are the initially Approved and Executed Budgets. 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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