Compensation of employees in Honduras
Honduras: Compensation of employees was 68.04 billion current LCU in 2020. ◆ Volatile
Compensation of employees in Honduras, 1972–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, compensation of employees in Honduras stood at 68.04 billion current LCU. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 79.5% over ten years.
Over the whole period, compensation of employees in Honduras peaked at 68.04 billion current LCU in 2020 and was at its lowest, 95.00 million current LCU, in 1972.
Honduras ranks 78th of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 116.18 million current LCU | 95.00 million current LCU | 152.90 million current LCU | 5 |
| 2000s | 22.83 billion current LCU | 15.10 billion current LCU | 35.03 billion current LCU | 7 |
| 2010s | 42.08 billion current LCU | 37.90 billion current LCU | 46.26 billion current LCU | 6 |
| 2020s | 68.04 billion current LCU | 68.04 billion current LCU | 68.04 billion current LCU | 1 |
Countries ranked near Honduras
More public sector data for Honduras
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Tax revenue 15.1% (2020)
- Taxes on income, profits and capital gains 19.5% (2020)
- Taxes on goods and services 43.4% (2020)
- Net investment in nonfinancial assets 3.0% (2020)
- Net lending (+) / net borrowing (-) -4.5% (2020)
- Interest payments 10.6% (2020)
- Grants and other revenue 15.7% (2020)
- Interest payments 10.0% (2020)
- Other taxes 0.5% (2020)
Frequently asked questions
- What is compensation of employees in Honduras?
- Compensation of employees in Honduras was 68.04 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Honduras?
- The highest recorded value was 68.04 billion current LCU in 2020.
- What is the lowest compensation of employees recorded in Honduras?
- The lowest recorded value was 95.00 million current LCU in 1972.
- How does Honduras rank for compensation of employees?
- Honduras ranks 78th out of 156 countries with data for 2020.
- Is compensation of employees rising or falling in Honduras?
- Over the last ten years it is up 79.5%. The long-run trend across the full record is volatile.
- Where does this Honduras data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. 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.