Social contributions in Honduras
Honduras: Social contributions was 24.09 billion current LCU in 2020. ◆ Volatile
Social contributions in Honduras, 1972–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for social contributions in Honduras is 24.09 billion current LCU, measured in 2020. That is the highest value across all 19 years on record.
That represents a change of up 177.8% over ten years.
Over the whole period, social contributions in Honduras peaked at 24.09 billion current LCU in 2020 and was at its lowest, 6.10 million current LCU, in 1972.
That places Honduras 60th out of 112 countries with data for 2020, putting it 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 | 16.22 million current LCU | 6.10 million current LCU | 23.30 million current LCU | 5 |
| 2000s | 5.48 billion current LCU | 3.54 billion current LCU | 8.12 billion current LCU | 7 |
| 2010s | 11.30 billion current LCU | 8.67 billion current LCU | 13.52 billion current LCU | 6 |
| 2020s | 24.09 billion current LCU | 24.09 billion current LCU | 24.09 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 social contributions in Honduras?
- Social contributions in Honduras was 24.09 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Honduras?
- The highest recorded value was 24.09 billion current LCU in 2020.
- What is the lowest social contributions recorded in Honduras?
- The lowest recorded value was 6.10 million current LCU in 1972.
- How does Honduras rank for social contributions?
- Honduras ranks 60th out of 112 countries with data for 2020.
- Is social contributions rising or falling in Honduras?
- Over the last ten years it is up 177.8%. 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 Social contributions (current LCU). 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
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.