Honduras recorded a Government Budget deficit equal to 2.60 percent of the country's Gross Domestic Product in 2018. source: INE Honduras

Government Budget in Honduras averaged -3.57 percent of GDP from 1990 until 2018, reaching an all time high of -0.33 percent of GDP in 1998 and a record low of -7.90 percent of GDP in 2013. This page provides - Honduras Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Honduras Government Budget - values, historical data and charts - was last updated on May of 2021.

Government Budget in Honduras is expected to reach -9.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Honduras Government Budget is projected to trend around -7.50 percent of GDP in 2021 and -5.00 percent of GDP in 2022, according to our econometric models.

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Honduras Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-6.90 -2.40 -0.33 -7.90 1990 - 2020 percent of GDP Yearly

Honduras Government Last Previous Highest Lowest Unit
Government Debt to GDP 54.86 43.92 68.11 23.10 percent [+]
Government Budget -6.90 -2.40 -0.33 -7.90 percent of GDP [+]
Government Spending 7450.00 7123.00 7670.00 3496.00 HNL Million [+]
Military Expenditure 397.00 385.00 408.00 19.60 USD Million [+]
Credit Rating 35.00 [+]


Honduras Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.