Honduras—Tax Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #83 of 139Series years: 2003–2020
Latest Value
15.1%
2020
Global Rank
#83
of 139 countries
Maximum
17.3%
2015
Minimum
13.7%
2003
CAGR
+0.5%
14 years
Last
15.1%
Previous
—
Highest
17.3%
Lowest
13.7%
Unit
% of GDP
Source
World Bank World Development Indicators
Honduras's tax revenue (% of GDP) was 15.1% in 2020, ranking #83 out of 139 countries. Over the past 14 years, the highest recorded value was 17.3% (2015) and the lowest was 13.7% (2003). Data sourced from the World Bank World Development Indicators.
Honduras — Tax Revenue (% of GDP): 15.066131552103 % of GDP for reference year 2020. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2020 | 15.1% | -13.1% |
| 2015 | 17.3% | +4.8% |
| 2014 | 16.5% | +9.8% |
| 2013 | 15.1% | +2.1% |
| 2012 | 14.7% | -0.3% |
| 2011 | 14.8% | +2.5% |
| 2010 | 14.4% | +1.9% |
| 2009 | 14.2% | -12.2% |
| 2008 | 16.1% | -1.6% |
| 2007 | 16.4% | +7.5% |
| 2006 | 15.2% | +4.8% |
| 2005 | 14.5% | +0.3% |
| 2004 | 14.5% | +5.5% |
| 2003 | 13.7% |
Top Countries — Tax Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Lesotho | 35.4% | 2024 |
| 2 | Namibia | 33.9% | 2024 |
| 3 | Denmark | 33.4% | 2024 |
| 4 | New Zealand | 29.5% | 2024 |
| 5 | Luxembourg | 28.6% | 2024 |
| 6 | Macao SAR, China | 27.4% | 2024 |
| 7 | Greece | 27.4% | 2024 |
| 8 | Sweden | 27.2% | 2024 |
| 9 | United Kingdom | 26.9% | 2024 |
| 10 | South Africa | 25.9% | 2024 |
About This Indicator
Definition
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Unit
% of GDP