Taxes on income, profits and capital gains in Honduras
Honduras: Taxes on income, profits and capital gains was 29.6% in 2020. ▲ Rising
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 total taxes.
Analysis
Honduras recorded 29.6% for taxes on income, profits and capital gains in 2020.
Compared with earlier readings it is down 3.6% over ten years.
Over the whole period, taxes on income, profits and capital gains in Honduras peaked at 34.1% in 2013 and was at its lowest, 20.8%, in 1977.
Honduras ranks 108th of 153 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.
Taxes on income, profits and capital gains in Honduras, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1972 | 23.0% | — |
| 1973 | 23.9% | +3.9% |
| 1974 | 28.4% | +18.7% |
| 1975 | 29.9% | +5.2% |
| 1976 | 23.3% | -21.9% |
| 1977 | 20.8% | -10.8% |
| 1978 | 25.2% | +21.1% |
| 1979 | 25.7% | +2.0% |
| 1980 | 32.9% | +27.9% |
| 1981 | 25.6% | -22.0% |
| 2003 | 22.5% | -12.2% |
| 2004 | 25.2% | +11.8% |
| 2005 | 26.4% | +4.9% |
| 2006 | 29.4% | +11.6% |
| 2007 | 31.0% | +5.1% |
| 2008 | 31.1% | +0.5% |
| 2009 | 32.0% | +3.0% |
| 2010 | 30.7% | -4.2% |
| 2011 | 33.7% | +9.8% |
| 2012 | 32.5% | -3.6% |
| 2013 | 34.1% | +5.1% |
| 2014 | 31.1% | -8.8% |
| 2015 | 31.3% | +0.6% |
| 2020 | 29.6% | -5.5% |
Honduras compared with similar countries
- Honduras's 29.6% is below the median for lower middle income countries, which is 35.7%, 83% of the median. (35 countries reporting)
- Honduras's 29.6% is below the median for Latin America & Caribbean, which is 36.0%, 82% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.0% | 20.8% | 29.9% | 8 |
| 1980s | 29.3% | 25.6% | 32.9% | 2 |
| 2000s | 28.2% | 22.5% | 32.0% | 7 |
| 2010s | 32.2% | 30.7% | 34.1% | 6 |
| 2020s | 29.6% | 29.6% | 29.6% | 1 |
Countries ranked near Honduras
- 105 Cape Verde 30.7% compare
- 106 Bulgaria 30.7% compare
- 107 Saint Kitts and Nevis 30.5% compare
- 109 Ethiopia 29.6% compare
- 110 Niger 29.5% compare
- 111 Guinea-Bissau 29.5%
More public sector data for Honduras
- Democracy, 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)
- Elected parliament, 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)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on income, profits and capital gains in Honduras?
- Taxes on income, profits and capital gains in Honduras was 29.6% 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 34.1% in 2013.
- What is the lowest taxes on income, profits and capital gains recorded in Honduras?
- The lowest recorded value was 20.8% in 1977.
- How does Honduras rank for taxes on income, profits and capital gains?
- Honduras ranks 108th 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 3.6%. 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 income, profits and capital gains (% of total taxes). Statizoid updates them automatically from the source API.
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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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.