Tax revenue (% of GDP) in Honduras
Honduras: Tax revenue (% of GDP) was 15.1% in 2020. ▲ Rising
Tax revenue in Honduras, 1972–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2020, tax revenue in Honduras stood at 15.1%.
Compared with earlier readings it is up 4.4% over ten years.
Over the whole period, tax revenue in Honduras peaked at 17.3% in 2015 and was at its lowest, 8.3%, in 1972.
Honduras ranks 91st of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Tax revenue (% of GDP) in Honduras, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 8.3% | — |
| 1973 | 8.8% | +5.3% |
| 1974 | 9.3% | +5.7% |
| 1975 | 9.4% | +1.2% |
| 1976 | 9.9% | +5.6% |
| 1977 | 11.5% | +16.3% |
| 1978 | 10.2% | -11.1% |
| 1979 | 10.4% | +1.5% |
| 1980 | 11.0% | +5.8% |
| 1981 | 10.0% | -9.1% |
| 2003 | 13.7% | +37.7% |
| 2004 | 14.5% | +5.5% |
| 2005 | 14.5% | +0.3% |
| 2006 | 15.2% | +4.8% |
| 2007 | 16.4% | +7.5% |
| 2008 | 16.1% | -1.6% |
| 2009 | 14.2% | -12.2% |
| 2010 | 14.4% | +1.9% |
| 2011 | 14.8% | +2.5% |
| 2012 | 14.7% | -0.3% |
| 2013 | 15.1% | +2.1% |
| 2014 | 16.5% | +9.8% |
| 2015 | 17.3% | +4.8% |
| 2020 | 15.1% | -13.1% |
Honduras compared with similar countries
- Honduras's 15.1% is above the median for lower middle income countries, which is 13.9%, 1.1× the median. (36 countries reporting)
- Honduras's 15.1% is below the median for Latin America & Caribbean, which is 15.9%, 95% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Tax revenue (% of GDP) in Honduras changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +37.7% | 10.0% | 13.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.7% | 8.3% | 11.5% | 8 |
| 1980s | 10.5% | 10.0% | 11.0% | 2 |
| 2000s | 15.0% | 13.7% | 16.4% | 7 |
| 2010s | 15.5% | 14.4% | 17.3% | 6 |
| 2020s | 15.1% | 15.1% | 15.1% | 1 |
Countries ranked near Honduras
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 tax revenue in Honduras?
- Tax revenue in Honduras was 15.1% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Honduras?
- The highest recorded value was 17.3% in 2015.
- What is the lowest tax revenue recorded in Honduras?
- The lowest recorded value was 8.3% in 1972.
- How does Honduras rank for tax revenue?
- Honduras ranks 91st out of 157 countries with data for 2020.
- Is tax revenue rising or falling in Honduras?
- Over the last ten years it is up 4.4%. 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 Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.