Customs and other import duties in Honduras
Honduras: Customs and other import duties was 4.0% in 2020. ◆ Volatile
Customs and other import duties in Honduras, 1972–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
In 2020, customs and other import duties in Honduras stood at 4.0%. That is the lowest value across all 24 years on record.
The figure is down 31.5% over ten years.
Over the whole period, customs and other import duties in Honduras peaked at 30.2% in 1972 and was at its lowest, 4.0%, in 2020.
Honduras ranks 88th of 151 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.
Customs and other import duties in Honduras, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 1972 | 30.2% | — |
| 1973 | 28.4% | -5.7% |
| 1974 | 28.2% | -0.8% |
| 1975 | 24.8% | -12.2% |
| 1976 | 25.5% | +3.0% |
| 1977 | 26.3% | +3.3% |
| 1978 | 26.3% | -0.2% |
| 1979 | 25.4% | -3.5% |
| 1980 | 21.4% | -15.6% |
| 1981 | 28.6% | +33.8% |
| 2003 | 9.3% | -67.4% |
| 2004 | 8.3% | -10.7% |
| 2005 | 8.2% | -2.2% |
| 2006 | 7.5% | -8.2% |
| 2007 | 7.5% | +0.5% |
| 2008 | 7.0% | -6.6% |
| 2009 | 5.3% | -24.7% |
| 2010 | 5.8% | +9.7% |
| 2011 | 5.3% | -8.6% |
| 2012 | 5.5% | +3.8% |
| 2013 | 4.7% | -15.1% |
| 2014 | 4.3% | -7.2% |
| 2015 | 4.4% | +2.3% |
| 2020 | 4.0% | -10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.9% | 24.8% | 30.2% | 8 |
| 1980s | 25.0% | 21.4% | 28.6% | 2 |
| 2000s | 7.6% | 5.3% | 9.3% | 7 |
| 2010s | 5.0% | 4.3% | 5.8% | 6 |
| 2020s | 4.0% | 4.0% | 4.0% | 1 |
Countries ranked near Honduras
More public sector data for Honduras
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 53.69 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0157 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 11.15 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 581.27 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 35.75 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is customs and other import duties in Honduras?
- Customs and other import duties in Honduras was 4.0% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Honduras?
- The highest recorded value was 30.2% in 1972.
- What is the lowest customs and other import duties recorded in Honduras?
- The lowest recorded value was 4.0% in 2020.
- How does Honduras rank for customs and other import duties?
- Honduras ranks 88th out of 151 countries with data for 2020.
- Is customs and other import duties rising or falling in Honduras?
- Over the last ten years it is down 31.5%. 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 Customs and other import duties (% of tax revenue). 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
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.