Honduras: Income and profits taxes
* indicates monthly or quarterly data series
| Honduras |
Income, profits, and capital gains taxes: percent of revenue |
|---|---|
| Latest value | 19.51 |
| Year | 2020 |
| Measure | percent |
| Data availability | 1972 - 2020 |
| Average | 21.20 |
| Min - Max | 14.81 - 30.75 |
| Source | The World Bank |
The latest value from 2020 is 19.51 percent, a decline from 23.36 percent in 2015. In comparison, the world average is 24.43 percent, based on data from 130 countries. Historically, the average for Honduras from 1972 to 2020 is 21.2 percent. The minimum value, 14.81 percent, was reached in 2003 while the maximum of 30.75 percent was recorded in 1980.
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Definition: Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 15.53 | 2024 | percent |
| Government spending, in dollars | 6.03 | 2025 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -1.12 | 2024 | percent |
| Primary budget balance | -0.37 | 2024 | percent |
| Tax revenue | 15.07 | 2020 | percent |
| Commercial tax rate | 39.10 | 2019 | percent |
| Tax preparation time | 203 | 2019 | hours |
| Taxes on goods and services | 43.38 | 2020 | percent |
| Taxes on international trade | 2.62 | 2020 | percent |
| Income and profits taxes | 19.51 | 2020 | percent |
| Foreign aid | 550.77 | 2023 | million U.S. dollars |
| Government debt | 47.07 | 2024 | percent |
| Government debt in foreign currency, percent | 72.48 | 2024 | percent |
| Government debt held by non-residents | 60.78 | 2024 | percent |
| Sovereign debt average maturity | 5.61 | 2024 | percent |