Taxes on goods and services in Honduras
Honduras: Taxes on goods and services was 56.86 billion current LCU in 2020. ◆ Volatile
Taxes on goods and services in Honduras, 1972–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Honduras recorded 56.86 billion current LCU for taxes on goods and services in 2020. That is the highest value across all 24 years on record.
That represents a change of up 113.1% over ten years.
Over the whole period, taxes on goods and services in Honduras peaked at 56.86 billion current LCU in 2020 and was at its lowest, 70.60 million current LCU, in 1972.
That places Honduras 86th out of 157 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 | 106.11 million current LCU | 70.60 million current LCU | 163.10 million current LCU | 8 |
| 1980s | 190.05 million current LCU | 182.90 million current LCU | 197.20 million current LCU | 2 |
| 2000s | 19.84 billion current LCU | 13.36 billion current LCU | 25.91 billion current LCU | 7 |
| 2010s | 36.47 billion current LCU | 26.69 billion current LCU | 50.99 billion current LCU | 6 |
| 2020s | 56.86 billion current LCU | 56.86 billion current LCU | 56.86 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 taxes on goods and services in Honduras?
- Taxes on goods and services in Honduras was 56.86 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Honduras?
- The highest recorded value was 56.86 billion current LCU in 2020.
- What is the lowest taxes on goods and services recorded in Honduras?
- The lowest recorded value was 70.60 million current LCU in 1972.
- How does Honduras rank for taxes on goods and services?
- Honduras ranks 86th out of 157 countries with data for 2020.
- Is taxes on goods and services rising or falling in Honduras?
- Over the last ten years it is up 113.1%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.