Budget balance — all countries

Budget balance — Honduras

Budget balance in Honduras in 2031 — -0.6%. Ranked 42 in the world out of 188. Since 1990, the indicator has risen by 1.6 pp.

2031 -0.6% +0 pp vs 2030
World rank 42of 188
Period maximum 2.9%1998
Period minimum -5.5%2013

Trend over time

1990–2031 · % of GDP

Budget balance — Honduras, 1990–2031-7.5-5-2.502.551990199520002005201020152020202520301990: -2.2%1991: -2.2%1992: -1.5%1993: -5.2%1994: -1%1995: -0.2%1996: 0.1%1997: 0.1%1998: 2.9%1999: 1.4%2000: 1.5%2001: -3.1%2002: -5%2003: -5.1%2004: -2.5%2005: 0%2006: -1.4%2007: -0.3%2008: -0.3%2009: -4.9%2010: -3.4%2011: -2.9%2012: -3.5%2013: -5.5%2014: -2.8%2015: -0.8%2016: -0.4%2017: -0.4%2018: 0.2%2019: 0.1%2020: -4.6%2021: -3.2%2022: 1.6%2023: -2%2024: -1.1%2025: -0.7%2026: -1.5%2027: -1.1%2028: -0.9%2029: -0.7%2030: -0.6%2031: -0.6%
Change over the period: +1.6 pp Annual average: 0.04 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Honduras

Honduras -0.6%
World computed -4.85%
Latin America & Caribbean computed -3.31%
Central America computed -2.75%
Budget balance — Honduras, by year Honduras All countries CSV XLSX
Year % Change, pp
2031 -0.6 +0 pp
2030 -0.6 +0.1 pp
2029 -0.7 +0.2 pp
2028 -0.9 +0.2 pp
2027 -1.1 +0.4 pp
2026 -1.5 −0.8 pp
2025 -0.7 +0.4 pp
2024 -1.1 +0.9 pp
2023 -2 −3.6 pp
2022 1.6 +4.8 pp
2021 -3.2 +1.4 pp
2020 -4.6 −4.7 pp
2019 0.1 −0.1 pp
2018 0.2 +0.6 pp
2017 -0.4 +0 pp
2016 -0.4 +0.4 pp
2015 -0.8 +2 pp
2014 -2.8 +2.7 pp
2013 -5.5 −2 pp
2012 -3.5 −0.6 pp
2011 -2.9 +0.5 pp
2010 -3.4 +1.5 pp
2009 -4.9 −4.6 pp
2008 -0.3 +0 pp
2007 -0.3 +1.1 pp
2006 -1.4 −1.4 pp
2005 0 +2.5 pp
2004 -2.5 +2.6 pp
2003 -5.1 −0.1 pp
2002 -5 −1.9 pp
2001 -3.1 −4.6 pp
2000 1.5 +0.1 pp
1999 1.4 −1.5 pp
1998 2.9 +2.8 pp
1997 0.1 +0 pp
1996 0.1 +0.3 pp
1995 -0.2 +0.8 pp
1994 -1 +4.2 pp
1993 -5.2 −3.7 pp
1992 -1.5 +0.7 pp
1991 -2.2 +0 pp
1990 -2.2

Central America, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.