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Government Finance of Honduras

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

10.6% 16.9% 15.1% 50.2%
  • Personal income taxes: 10.6%
  • Corporate income taxes: 16.9%
  • Social security contributions: 15.1%
  • Payroll taxes: 0.8%
  • Property taxes: 3.0%
  • Goods and services taxes: 50.2%
  • Other taxes: 3.4%
Show table
Personal income taxes
10.6%
Corporate income taxes
16.9%
Social security contributions
15.1%
Payroll taxes
0.8%
Property taxes
3.0%
Goods and services taxes
50.2%
Other taxes
3.4%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 43.8% #116 / 184 2026
Government Gross Debt (Local currency - HNL) 487B - 2026
Government Net Debt (% of GDP) No data - -
Government Net Debt (Local currency - HNL) No data - -

Fiscal Balance

Fiscal Balance (% of GDP) -1.5% #53 / 189 2026
Fiscal Balance (Local currency - HNL) -16.1B - 2026
Primary Fiscal Balance (% of GDP) -0.9% #84 / 182 2026
Primary Fiscal Balance (Local currency - HNL) -9.65B - 2026

Revenue and Spending

Government Revenue (% of GDP) 24% #112 / 189 2026
Government Revenue (Local currency - HNL) 267B - 2026
Government Spending (% of GDP) 25.5% #120 / 189 2026
Government Spending (Local currency - HNL) 283B - 2026

International Reserves

Total Reserves (USD) 8.04B #81 / 163 2024

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