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

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 October of 2020.

Government Budget in Honduras is expected to reach -6.50 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 -5.00 percent of GDP in 2021 and -3.50 percent of GDP in 2022, according to our econometric models.

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Honduras Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-2.60 -2.70 -0.33 -7.90 1990 - 2018 percent of GDP Yearly

Honduras Government Last Previous Highest Lowest Unit
Government Debt to GDP 44.05 43.69 68.11 23.10 percent [+]
Government Budget -2.60 -2.70 -0.33 -7.90 percent of GDP [+]
Government Spending 7375.00 7045.00 7651.00 3496.00 HNL Million [+]
Military Expenditure 400.00 398.00 400.00 19.10 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.