Honduras: Trade openness

* indicates monthly or quarterly data series
 Honduras

Trade openness: exports plus imports as percent of GDP

 Latest value 97.95
 Year 2023
 Measure percent
 Data availability 1960 - 2023
 Average 86.47
 Min - Max 44.24 - 136.49
 Source The World Bank
The latest value from 2023 is 97.95 percent, a decline from 112.7 percent in 2022. In comparison, the world average is 94.79 percent, based on data from 138 countries. Historically, the average for Honduras from 1960 to 2023 is 86.47 percent. The minimum value, 44.24 percent, was reached in 1961 while the maximum of 136.49 percent was recorded in 2005. 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 - Trade openness - Recent values chart

Historical series
Honduras - Trade openness - historical chart - 1960-2023




Definition: Exports plus imports as percent of GDP.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 94.32 2021 percent
 Trade openness 97.95 2023 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 37.01 2023 percent
 Exports, billion dollars 12.73 2023 billion U.S. dollars
 Growth of exports -7.49 2023 percent
 Imports, percent of GDP 60.94 2023 percent
 Imports, billion dollars 20.96 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.15 2023 percent
 Foreign Direct Investment, billion dollars 0.76 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2023 million dollars (current)
 Current account, percent of GDP -2.63 2023 percent
 Current account, in dollars -1.33 2023 billion U.S. dollars
 Trade balance, percent of GDP -23.93 2023 percent
 Trade balance, in dollars -8.16 2023 billion U.S. dollars
 Reserves 7.54 2023 billion U.S. dollars
 Remittances, percent of GDP 25.58 2023 percent
 Remittances 8,800.00 2023 million U.S. dollars
 Net errors and omissions 79.88 2023 million USD
 External debt 43.07 2022 percent
 Short-term external debt 7.85 2022 percent
 Short-term debt to reserves 11.76 2022 percent
 Foreign exchange reserves 7.03 9/2024 billion
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