Taxes on income, profits and capital gains in Honduras
Honduras: Taxes on income, profits and capital gains was 19.5% in 2020. ▼ Falling
Taxes on income, profits and capital gains in Honduras, 1972–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2020, taxes on income, profits and capital gains in Honduras stood at 19.5%.
That represents a change of down 3.4% over ten years.
Over the whole period, taxes on income, profits and capital gains in Honduras peaked at 30.8% in 1980 and was at its lowest, 14.8%, in 2003.
That places Honduras 95th out of 153 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Taxes on income, profits and capital gains in Honduras, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 19.2% | — |
| 1973 | 19.6% | +1.8% |
| 1974 | 23.5% | +20.3% |
| 1975 | 24.2% | +2.7% |
| 1976 | 18.8% | -22.2% |
| 1977 | 19.1% | +1.5% |
| 1978 | 23.8% | +24.6% |
| 1979 | 23.5% | -1.2% |
| 1980 | 30.8% | +31.0% |
| 1981 | 24.2% | -21.3% |
| 2003 | 14.8% | -38.8% |
| 2004 | 16.9% | +14.1% |
| 2005 | 17.5% | +3.6% |
| 2006 | 19.9% | +13.4% |
| 2007 | 21.4% | +7.9% |
| 2008 | 20.2% | -5.8% |
| 2009 | 20.4% | +0.9% |
| 2010 | 20.2% | -1.0% |
| 2011 | 22.7% | +12.3% |
| 2012 | 21.6% | -4.6% |
| 2013 | 22.2% | +2.9% |
| 2014 | 21.5% | -3.3% |
| 2015 | 23.4% | +8.6% |
| 2020 | 19.5% | -16.5% |
Honduras compared with similar countries
- Honduras's 19.5% is below the median for lower middle income countries, which is 25.8%, 76% of the median. (35 countries reporting)
- Honduras's 19.5% is below the median for Latin America & Caribbean, which is 25.4%, 77% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.4% | 18.8% | 24.2% | 8 |
| 1980s | 27.5% | 24.2% | 30.8% | 2 |
| 2000s | 18.7% | 14.8% | 21.4% | 7 |
| 2010s | 21.9% | 20.2% | 23.4% | 6 |
| 2020s | 19.5% | 19.5% | 19.5% | 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 taxes on income, profits and capital gains in Honduras?
- Taxes on income, profits and capital gains in Honduras was 19.5% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Honduras?
- The highest recorded value was 30.8% in 1980.
- What is the lowest taxes on income, profits and capital gains recorded in Honduras?
- The lowest recorded value was 14.8% in 2003.
- How does Honduras rank for taxes on income, profits and capital gains?
- Honduras ranks 95th out of 153 countries with data for 2020.
- Is taxes on income, profits and capital gains rising or falling in Honduras?
- Over the last ten years it is down 3.4%. 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 Taxes on income, profits and capital gains (% 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
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.