Compensation of employees (% of expense) in Honduras
Honduras: Compensation of employees (% of expense) was 48.6% in 2020. ▲ Rising
Compensation of employees in Honduras, 1972–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2020, compensation of employees in Honduras stood at 48.6%.
The figure is down 12.7% over ten years.
Over the whole period, compensation of employees in Honduras peaked at 55.7% in 2010 and was at its lowest, 44.2%, in 2014.
That places Honduras 8th out of 155 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
Compensation of employees (% of expense) in Honduras, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 44.9% | — |
| 1973 | 48.5% | +7.9% |
| 1974 | 49.5% | +2.1% |
| 1975 | 46.9% | -5.3% |
| 1976 | 45.2% | -3.6% |
| 2003 | 50.6% | +12.0% |
| 2004 | 52.5% | +3.8% |
| 2005 | 49.4% | -6.0% |
| 2006 | 49.7% | +0.6% |
| 2007 | 48.7% | -1.9% |
| 2008 | 50.4% | +3.5% |
| 2009 | 53.8% | +6.7% |
| 2010 | 55.7% | +3.4% |
| 2011 | 50.4% | -9.4% |
| 2012 | 48.2% | -4.4% |
| 2013 | 50.0% | +3.7% |
| 2014 | 44.2% | -11.6% |
| 2015 | 45.7% | +3.5% |
| 2020 | 48.6% | +6.3% |
Honduras compared with similar countries
- Honduras's 48.6% is above the median for lower middle income countries, which is 31.8%, 1.5× the median. (36 countries reporting)
- Honduras's 48.6% is above the median for Latin America & Caribbean, which is 32.0%, 1.5× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 47.0% | 44.9% | 49.5% | 5 |
| 2000s | 50.7% | 48.7% | 53.8% | 7 |
| 2010s | 49.0% | 44.2% | 55.7% | 6 |
| 2020s | 48.6% | 48.6% | 48.6% | 1 |
Countries ranked near Honduras
- 5 Iraq 51.9% compare
- 6 Central African Republic 49.9% compare
- 7 Saint Vincent and the Grenadines 49.8% compare
- 9 Saudi Arabia 48.5% compare
- 10 Burundi 48.1% compare
- 11 Madagascar 47.9% compare
More public sector data for Honduras
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.6466 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -100 % change on previous year (2020)
Frequently asked questions
- What is compensation of employees in Honduras?
- Compensation of employees in Honduras was 48.6% 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 55.7% in 2010.
- What is the lowest compensation of employees recorded in Honduras?
- The lowest recorded value was 44.2% in 2014.
- How does Honduras rank for compensation of employees?
- Honduras ranks 8th out of 155 countries with data for 2020.
- Is compensation of employees rising or falling in Honduras?
- Over the last ten years it is down 12.7%. 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 Compensation of employees (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.