Social contributions in Honduras
Honduras: Social contributions was 18.4% in 2020. ▲ Rising
Social contributions in Honduras, 1972–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Honduras recorded 18.4% for social contributions in 2020. That is the highest value across all 19 years on record.
The figure is up 39.0% over ten years.
Over the whole period, social contributions in Honduras peaked at 18.4% in 2020 and was at its lowest, 3.0%, in 1972.
That places Honduras 48th out of 112 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Social contributions in Honduras, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 3.0% | — |
| 1973 | 5.4% | +81.2% |
| 1974 | 6.5% | +21.8% |
| 1975 | 6.6% | +1.6% |
| 1976 | 6.0% | -10.2% |
| 2003 | 11.9% | +98.8% |
| 2004 | 11.5% | -2.7% |
| 2005 | 10.8% | -6.3% |
| 2006 | 10.6% | -1.6% |
| 2007 | 10.9% | +2.7% |
| 2008 | 11.2% | +2.7% |
| 2009 | 13.2% | +18.1% |
| 2010 | 13.2% | -0.2% |
| 2011 | 13.1% | -0.8% |
| 2012 | 13.7% | +4.2% |
| 2013 | 14.4% | +5.4% |
| 2014 | 12.6% | -12.7% |
| 2015 | 12.6% | +0.6% |
| 2020 | 18.4% | +45.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.5% | 3.0% | 6.6% | 5 |
| 2000s | 11.5% | 10.6% | 13.2% | 7 |
| 2010s | 13.3% | 12.6% | 14.4% | 6 |
| 2020s | 18.4% | 18.4% | 18.4% | 1 |
Countries ranked near Honduras
- 45 Mongolia 19.3% compare
- 46 Russian Federation 18.9% compare
- 47 Iran, Islamic Republic of 18.7% compare
- 49 Norway 17.8% compare
- 50 United Kingdom of Great Britain and Northern Ireland 17.3% compare
- 51 Azerbaijan 16.1% 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 social contributions in Honduras?
- Social contributions in Honduras was 18.4% 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 18.4% in 2020.
- What is the lowest social contributions recorded in Honduras?
- The lowest recorded value was 3.0% in 1972.
- How does Honduras rank for social contributions?
- Honduras ranks 48th out of 112 countries with data for 2020.
- Is social contributions rising or falling in Honduras?
- Over the last ten years it is up 39.0%. 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 Social contributions (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.