Honduras: Taxes on goods and services

* indicates monthly or quarterly data series

Taxes on goods and services, percent of total revenue

 Latest value 43.38
 Year 2020
 Measure percent
 Data availability 1972 - 2020
 Average 36.38
 Min - Max 24.45 - 47.67
 Source The World Bank
For that indicator, we provide data for Honduras from 1972 to 2020. The average value for Honduras during that period was 36.38 percent with a minimum of 24.45 percent in 1980 and a maximum of 47.67 percent in 2015. The latest value from 2020 is 43.38 percent. For comparison, the world average in 2020 based on 121 countries is 32.60 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series

Recent values chart
Honduras - Taxes on goods and services - Recent values chart

Historical chart
Honduras - Taxes on goods and services - historical chart - 1972-2020

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

Are trade deficits bad for the economy?

The unholy trinity of international finance

Most commonly used measures of corruption

All articles

 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 14.21 2022 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 14.77 2020 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 43.38 2020 percent
 Taxes on international trade 2.62 2020 percent
 Income and profits taxes 19.51 2020 percent
 Foreign aid 617.01 2021 million U.S. dollars
This site uses cookies.
Learn more here