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Honduras Services Employment

Employment in services  SL.SRV.EMPL.ZS

Honduras's services employment was 55.94% in 2025, ranked 80th globally. This represents a 0.6% increase from 2024. Data from World Bank, covering 1991–2025.

55.94% +0.35% (+0.6%)
Year 2025 Rank #80 Global Peak 56.66% (2016) Source World Bank

Honduras Services Employment (1991–2025)

Overview

Honduras's services employment stood at 55.94% in 2025, a rise of +0.35% from 2024. Based on recent trends, this figure is projected to reach 57.21% by 2026. Honduras ranked 80th globally.

Honduras’ share of employment in services rose from 47.08 % in 1991 to a peak of 56.66 % in 2016 before slipping to 55.94 % in 2025, placing the country 80th globally. The all‑time trough of 44.29 % in 1995 marks the low point of a long‑term structural shift from agriculture toward tertiary activities, a transition mirrored in peers such as Bolivia (55.49 % in 2025) and Romania (56.48 % in 2025). Over the 35‑year coverage period, the services sector has consistently expanded, reflecting rising urbanisation, remittance inflows and modest growth in tourism and finance. The modest decline from the 2016 peak suggests that the sector’s growth may be moderating, possibly due to constraints in skill development and limited diversification of high‑value services. Continued investment in education and digital infrastructure could sustain the upward trajectory and help Honduras close the gap with higher‑ranking peers.

Data & projection

Year Services Employment YoY change Rank
2028* trend 58.89% - -
2027* trend 58.05% - -
2026* trend 57.21% - -
2025 55.94% +0.35% #80
2024 55.59% +0.36% #80
2023 55.23% +0.83% #82
2022 54.40% +2.05% #80
2021 52.35% −0.52% #75
2020 52.87% −0.93% #79
2019 53.80% −0.07% #78
2018 53.87% +0.47% #83
2017 53.40% −3.25% #81
2016 56.66% +1.43% #88
2015 55.22% +0.50% #86
2014 54.73% +2.05% #85
2013 52.67% +3.41% #81
2012 49.27% −1.84% #76
2011 51.11% +0.41% #80
Show all years (1991-2025)
* Linear trend extrapolation

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 services employment improve within 24 months. View full analysis →

Frequently Asked Questions

What is Honduras's services employment?▾

Honduras's services employment was 55.94% in 2025. Ranked 80th globally. This represents a 0.6% increase from the previous year.

What was the highest services employment in Honduras?▾

Honduras's services employment peaked at 56.66% in 2016.

What was the lowest services employment in Honduras?▾

The lowest services employment in Honduras was 44.29% in 1995.

How does Honduras rank in services employment?▾

Honduras ranks 80th globally in services employment as of 2025.

What is the World Bank indicator code for services employment?▾

The World Bank indicator code is SL.SRV.EMPL.ZS. Data sourced from World Bank.

What is the projected services employment of Honduras in 2026?▾

Honduras's services employment is projected to reach 57.21% by 2026 based on trend extrapolation.

What is the services employment of Honduras in 2025?▾

The services employment of Honduras in 2025 was 55.94%. This ranks 80th in the world.

Cite this page

APA
Honduras Services Employment. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/honduras/services-employment/
BibTeX
@misc{historysaid_honduras_services-employment, title = {Honduras Services Employment}, url = {https://historysaid.com/honduras/services-employment/}, publisher = {HistorySaid}, year = {2026} }
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