Taxes on goods and services (% of revenue) in Honduras
Honduras: Taxes on goods and services (% of revenue) was 43.4% in 2020. ▲ Rising
Taxes on goods and services in Honduras, 1972–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Honduras recorded 43.4% for taxes on goods and services in 2020.
The figure is up 6.6% over ten years.
Over the whole period, taxes on goods and services in Honduras peaked at 47.7% in 2015 and was at its lowest, 24.4%, in 1980.
That places Honduras 28th out of 156 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Taxes on goods and services (% of revenue) in Honduras, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 34.3% | — |
| 1973 | 32.7% | -4.9% |
| 1974 | 29.1% | -10.8% |
| 1975 | 27.8% | -4.7% |
| 1976 | 26.9% | -3.0% |
| 1977 | 27.2% | +0.9% |
| 1978 | 26.0% | -4.2% |
| 1979 | 25.8% | -0.7% |
| 1980 | 24.4% | -5.3% |
| 1981 | 26.6% | +8.8% |
| 2003 | 44.8% | +68.3% |
| 2004 | 43.8% | -2.2% |
| 2005 | 42.3% | -3.5% |
| 2006 | 42.3% | -0.0% |
| 2007 | 42.3% | +0.2% |
| 2008 | 39.8% | -6.0% |
| 2009 | 39.6% | -0.4% |
| 2010 | 40.7% | +2.6% |
| 2011 | 40.7% | -0.0% |
| 2012 | 41.0% | +0.9% |
| 2013 | 39.6% | -3.4% |
| 2014 | 44.3% | +11.7% |
| 2015 | 47.7% | +7.7% |
| 2020 | 43.4% | -9.0% |
Honduras compared with similar countries
- Honduras's 43.4% is above the median for lower middle income countries, which is 34.4%, 1.3× the median. (36 countries reporting)
- Honduras's 43.4% is above the median for Latin America & Caribbean, which is 36.3%, 1.2× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (% of revenue) 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 | +68.3% | 26.6% | 44.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.7% | 25.8% | 34.3% | 8 |
| 1980s | 25.5% | 24.4% | 26.6% | 2 |
| 2000s | 42.1% | 39.6% | 44.8% | 7 |
| 2010s | 42.3% | 39.6% | 47.7% | 6 |
| 2020s | 43.4% | 43.4% | 43.4% | 1 |
Countries ranked near Honduras
- 25 Fiji 44.4% compare
- 26 Uganda 44.0% compare
- 27 Saint Vincent and the Grenadines 43.5% compare
- 29 Cameroon 43.3% compare
- 30 Bangladesh 43.2% compare
- 31 Bosnia and Herzegovina 42.7% 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 taxes on goods and services in Honduras?
- Taxes on goods and services in Honduras was 43.4% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Honduras?
- The highest recorded value was 47.7% in 2015.
- What is the lowest taxes on goods and services recorded in Honduras?
- The lowest recorded value was 24.4% in 1980.
- How does Honduras rank for taxes on goods and services?
- Honduras ranks 28th out of 156 countries with data for 2020.
- Is taxes on goods and services rising or falling in Honduras?
- Over the last ten years it is up 6.6%. 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 Taxes on goods and services (% of 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
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.