Honduras Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Honduras's government debt to gdp was 45.09% in 2025, ranked 112th globally. This represents a 4.2% decrease from 2024. Data from IMF WEO, covering 1990–2025.
Overview
Honduras's government debt to gdp stood at 45.09% in 2025, a decline of +1.98% from 2024. The IMF projects 45.09% by 2025. Honduras ranked 112th globally.
Honduras’ general government debt ratio has fallen dramatically from an all‑time peak of 236.54 % of GDP in 1990 to a historic trough of 22.32 % in 2008, before climbing again to 45.09 % in 2025, placing the country at rank 112 globally out of 190 economies. The 36‑year series shows a long‑term downward bias punctuated by a post‑2008 rebound that reflects higher fiscal deficits and external borrowing amid slower growth and natural‑disaster costs. Compared with peers of similar rank, Honduras’ debt level is close to Zimbabwe’s 45.00 % and slightly above Mongolia’s 46.57 %, suggesting that its fiscal position remains modest relative to many emerging markets but is higher than the Netherlands’ 44.04 % despite the latter’s advanced‑economy status. The recent rise indicates that without tighter fiscal consolidation or stronger revenue mobilisation, the debt‑to‑GDP ratio is likely to edge upward, whereas a sustained primary surplus could re‑establish the declining path observed after 2008.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 38.07% | - | - |
| 2029* IMF | 41.87% | - | - |
| 2028* IMF | 42.07% | - | - |
| 2027* IMF | 42.05% | - | - |
| 2026* IMF | 44.13% | - | - |
| 2025* IMF | 45.09% | - | - |
| 2025 | 45.09% | −1.98% | #112 |
| 2024 | 47.07% | −0.78% | #73 |
| 2023 | 47.85% | −3.20% | #77 |
| 2022 | 51.05% | +0.78% | #89 |
| 2021 | 50.26% | −2.19% | #76 |
| 2020 | 52.45% | +8.30% | #83 |
| 2019 | 44.15% | +0.61% | #81 |
| 2018 | 43.54% | −0.06% | #80 |
| 2017 | 43.60% | +3.30% | #81 |
| 2016 | 40.30% | −1.96% | #72 |
| 2015 | 42.25% | −0.78% | #89 |
| 2014 | 43.03% | +0.94% | #101 |
| 2013 | 42.09% | +9.66% | #105 |
| 2012 | 32.44% | +0.90% | #77 |
| 2011 | 31.54% | +2.61% | #73 |
Detected Pattern
Analysis
Honduras matched the Orthodox Tightening Cycle pattern in 1997. Historically, 57% of countries showing this pattern (177 out of 311) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Honduras's government debt to gdp was 45.09% in 2025. Ranked 112th globally. This represents a 4.2% decrease from the previous year.
Honduras's government debt to gdp peaked at 236.54% in 1990.
The lowest government debt to gdp in Honduras was 22.32% in 2008.
Honduras ranks 112th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Honduras's government debt to gdp is projected to reach 45.09% by 2025 based on IMF projection.
The government debt to gdp of Honduras in 2025 was 45.09%. This ranks 112th in the world.
Cite this page
@misc{historysaid_honduras_government-debt-to-gdp,
title = {Honduras Government Debt to GDP},
url = {https://historysaid.com/honduras/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}