Goods and services expense in Honduras
Honduras: Goods and services expense was 16.1% in 2020. ▼ Falling
Goods and services expense in Honduras, 1972–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Honduras recorded 16.1% for goods and services expense in 2020.
That represents a change of up 14.7% over ten years.
Over the whole period, goods and services expense in Honduras peaked at 39.1% in 1975 and was at its lowest, 13.1%, in 2004.
Honduras ranks 66th of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Goods and services expense in Honduras, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 35.7% | — |
| 1973 | 38.3% | +7.5% |
| 1974 | 37.4% | -2.5% |
| 1975 | 39.1% | +4.5% |
| 1976 | 37.8% | -3.4% |
| 2003 | 13.4% | -64.4% |
| 2004 | 13.1% | -2.6% |
| 2005 | 15.8% | +20.7% |
| 2006 | 17.2% | +8.6% |
| 2007 | 16.7% | -2.7% |
| 2008 | 15.7% | -5.9% |
| 2009 | 16.7% | +6.5% |
| 2010 | 14.0% | -16.3% |
| 2011 | 14.1% | +0.5% |
| 2012 | 15.4% | +9.3% |
| 2013 | 16.6% | +8.0% |
| 2014 | 14.2% | -14.6% |
| 2015 | 17.8% | +25.4% |
| 2020 | 16.1% | -9.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 37.6% | 35.7% | 39.1% | 5 |
| 2000s | 15.5% | 13.1% | 17.2% | 7 |
| 2010s | 15.3% | 14.0% | 17.8% | 6 |
| 2020s | 16.1% | 16.1% | 16.1% | 1 |
Countries ranked near Honduras
- 63 Côte d'Ivoire 16.2% compare
- 64 Eswatini 16.1% compare
- 65 Kazakhstan 16.1% compare
- 67 New Zealand 16.0% compare
- 68 Republic of Moldova 15.9% compare
- 69 Tanzania, United Republic of 15.8% compare
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 goods and services expense in Honduras?
- Goods and services expense in Honduras was 16.1% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Honduras?
- The highest recorded value was 39.1% in 1975.
- What is the lowest goods and services expense recorded in Honduras?
- The lowest recorded value was 13.1% in 2004.
- How does Honduras rank for goods and services expense?
- Honduras ranks 66th out of 154 countries with data for 2020.
- Is goods and services expense rising or falling in Honduras?
- Over the last ten years it is up 14.7%. The long-run trend across the full record is falling.
- 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.