Honduras: Income and profits taxes

* indicates monthly or quarterly data series
 Honduras

Income, profits, and capital gains taxes: percent of revenue

 Latest value 23.98
 Year 2015
 Measure percent
 Data availability 2003 - 2015
 Average 21.70
 Min - Max 15.83 - 24.93
 Source The World Bank
The latest value from 2015 is 23.98 percent, an increase from 23.24 percent in 2014. In comparison, the world average is 26.24 percent, based on data from 139 countries. Historically, the average for Honduras from 2003 to 2015 is 21.7 percent. The minimum value, 15.83 percent, was reached in 2003 while the maximum of 24.93 percent was recorded in 2013. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Honduras - Income and profits taxes - Recent values chart

Historical series
Honduras - Income and profits taxes - historical chart - 2003-2015




Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 14.42 2023 percent
 Government spending, in dollars 4.96 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -3.97 2023 percent
 Government debt 41.26 2023 percent
 Tax revenue 17.34 2015 percent
 Commercial tax rate 39.10 2019 percent
 Tax preparation time 203 2019 hours
 Number of taxes 59 2019 taxes
 Taxes on goods and services 48.93 2015 percent
 Taxes on international trade 3.40 2015 percent
 Income and profits taxes 23.98 2015 percent
 Foreign aid 785.44 2022 million U.S. dollars
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