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Honduras Government Spending

Government expenditure as % of GDP  GC.XPN.TOTL.GD.ZS

Honduras's government spending was 24.39% in 2020, ranked 46th globally. This represents a 11.0% increase from 2019. Data from World Bank, covering 1972–2020.

24.39% +2.42% (+11.0%)
Year 2020 Rank #46 Global Peak 24.39% (2020) Source World Bank

Honduras Government Spending (1972–2020)

Overview

Honduras's government spending stood at 24.39% in 2020, a rise of +2.42% from 2015. Honduras ranked 46th globally.

Honduras’ government‑spending share of GDP rose from a low of 8.87 in 1974 to a high of 24.39 in 2020, reflecting a sustained expansion over 19 years of data. The 2020 level places the country at rank 46 globally, marginally below Bhutan’s 24.08 and Albania’s 24.60, and just above Japan’s 23.61, indicating that Honduras now spends a comparable proportion of output to middle‑income economies despite its lower per‑capita income. The early 1970s trough coincided with a period of fiscal consolidation and external debt stress, whereas the recent peak aligns with pandemic‑related stimulus and higher social‑service outlays. The upward trajectory suggests that unless fiscal discipline tightens or revenue reforms broaden the tax base, the share of government spending is likely to remain near the current level, with modest fluctuations driven by macro‑economic cycles and external shocks.

Data & projection

Year Government Spending YoY change Rank
2020 24.39% +2.42% #46
2015 21.98% −2.27% #57
2014 24.24% +0.35% #63
2013 23.89% +0.39% #59
2012 23.50% +1.00% #60
2011 22.50% −0.24% #52
2010 22.75% −0.86% #51
2009 23.61% +1.56% #50
2008 22.05% −0.38% #49
2007 22.42% +2.52% #47
2006 19.91% +0.03% #38
2005 19.88% +0.34% #35
2004 19.54% −1.36% #42
2003 20.90% +10.25% #45
1976 10.65% +0.59% #4
Show all years (1972-2020)

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 20.2% Rate 32.1% Gap +11.9pp Reserves YoY +128.2%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Honduras matched the Orthodox Tightening Cycle pattern in 1997. Historically, 57% of countries showing this pattern (177 out of 311) saw government spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Honduras's government spending?▾

Honduras's government spending was 24.39% in 2020. Ranked 46th globally. This represents a 11.0% increase from the previous year.

What was the highest government spending in Honduras?▾

Honduras's government spending peaked at 24.39% in 2020.

What was the lowest government spending in Honduras?▾

The lowest government spending in Honduras was 8.87% in 1974.

How does Honduras rank in government spending?▾

Honduras ranks 46th globally in government spending as of 2020.

What is the World Bank indicator code for government spending?▾

The World Bank indicator code is GC.XPN.TOTL.GD.ZS. Data sourced from World Bank.

What is the government spending of Honduras in 2020?▾

The government spending of Honduras in 2020 was 24.39%. This ranks 46th in the world.

Cite this page

APA
Honduras Government Spending. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/honduras/government-spending/
BibTeX
@misc{historysaid_honduras_government-spending, title = {Honduras Government Spending}, url = {https://historysaid.com/honduras/government-spending/}, publisher = {HistorySaid}, year = {2026} }
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