Home → Honduras → Government → Tax Revenue

Honduras Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

Honduras's tax revenue was 15.07% in 2020, ranked 64th globally. This represents a 13.1% decrease from 2019. Data from World Bank, covering 1972–2020.

15.07% −2.28% (-13.1%)
Year 2020 Rank #64 Global Peak 17.34% (2015) Source World Bank

Honduras Tax Revenue (1972–2020)

Overview

Honduras's tax revenue stood at 15.07% in 2020, a decline of +2.28% from 2015. Honduras ranked 64th globally.

Honduras' tax revenue has fluctuated over the years, with the latest value in 2020 standing at 15.07, ranking 64th globally. The country's all-time peak was reached in 2015 at 17.34, while the trough occurred in 1972 at 8.32. In comparison to its peers, Honduras' tax revenue is closely aligned with that of Rwanda, which also had a value of 15.07, as well as Azerbaijan at 15.19. St. Kitts and Nevis had a slightly lower value of 15.04. The country's tax revenue has been relatively stable in recent years, but still remains below its peak in 2015. As the global economy continues to evolve, Honduras' tax revenue trajectory is likely to be influenced by its ability to adapt to changing economic conditions and implement effective tax policies, which would be necessary to alter its current trend and potentially drive growth.

Data & projection

Year Tax Revenue YoY change Rank
2020 15.07% −2.28% #64
2015 17.34% +0.80% #84
2014 16.54% +1.48% #75
2013 15.06% +0.32% #58
2012 14.75% −0.04% #54
2011 14.79% +0.36% #52
2010 14.43% +0.26% #54
2009 14.16% −1.97% #51
2008 16.13% −0.25% #49
2007 16.39% +1.15% #45
2006 15.24% +0.70% #40
2005 14.53% +0.04% #38
2004 14.50% +0.75% #41
2003 13.75% +3.76% #41
1981 9.98% −1.00% #10
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 tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Honduras's tax revenue?▾

Honduras's tax revenue was 15.07% in 2020. Ranked 64th globally. This represents a 13.1% decrease from the previous year.

What was the highest tax revenue in Honduras?▾

Honduras's tax revenue peaked at 17.34% in 2015.

What was the lowest tax revenue in Honduras?▾

The lowest tax revenue in Honduras was 8.32% in 1972.

How does Honduras rank in tax revenue?▾

Honduras ranks 64th globally in tax revenue as of 2020.

What is the World Bank indicator code for tax revenue?▾

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

What is the tax revenue of Honduras in 2020?▾

The tax revenue of Honduras in 2020 was 15.07%. This ranks 64th in the world.

Cite this page

APA
Honduras Tax Revenue. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/honduras/tax-revenue/
BibTeX
@misc{historysaid_honduras_tax-revenue, title = {Honduras Tax Revenue}, url = {https://historysaid.com/honduras/tax-revenue/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub