Expense in Honduras

Honduras: Expense was 24.4% in 2020. ▲ Rising

Latest (2020)
24.4%
World rank
90th
of 157 countries
All-time high
24.4%
in 2020
All-time low
8.9%
in 1974
Years of data
19
1972–2020

Expense in Honduras, 1972–2020

05101520251972199620201972: 10.3 % of GDP1973: 9 % of GDP1974: 8.9 % of GDP1975: 10.1 % of GDP1976: 10.6 % of GDP2003: 20.9 % of GDP2004: 19.5 % of GDP2005: 19.9 % of GDP2006: 19.9 % of GDP2007: 22.4 % of GDP2008: 22 % of GDP2009: 23.6 % of GDP2010: 22.7 % of GDP2011: 22.5 % of GDP2012: 23.5 % of GDP2013: 23.9 % of GDP2014: 24.2 % of GDP2015: 22 % of GDP2020: 24.4 % of GDP

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.

Analysis

The most recent figure for expense in Honduras is 24.4%, measured in 2020. That is the highest value across all 19 years on record.

Compared with earlier readings it is up 7.2% over ten years.

Over the whole period, expense in Honduras peaked at 24.4% in 2020 and was at its lowest, 8.9%, in 1974.

That places Honduras 90th out of 157 countries with data for 2020, putting it in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.8% 8.9% 10.6% 5
2000s 21.2% 19.5% 23.6% 7
2010s 23.1% 22.0% 24.2% 6
2020s 24.4% 24.4% 24.4% 1

Countries ranked near Honduras

  1. 87 Eswatini 24.6% compare
  2. 88 Chile 24.6% compare
  3. 89 United States 24.4% compare
  4. 91 Saudi Arabia 24.2% compare
  5. 92 Bhutan 24.1% compare
  6. 93 Kyrgyzstan 23.7% compare

See the full ranking of 183 places →

More economy & growth data for Honduras

All data for Honduras →

Frequently asked questions

What is expense in Honduras?
Expense in Honduras was 24.4% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest expense recorded in Honduras?
The highest recorded value was 24.4% in 2020.
What is the lowest expense recorded in Honduras?
The lowest recorded value was 8.9% in 1974.
How does Honduras rank for expense?
Honduras ranks 90th out of 157 countries with data for 2020.
Is expense rising or falling in Honduras?
Over the last ten years it is up 7.2%. The long-run trend across the full record is rising.
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 Expense (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

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.