Honduras's GDP changed from approximately $3B 968M in 1980 to $37B 355M in 2024, showing an overall 841.4% sharply increased during the period.
The lowest GDP was recorded in 1980 at $3B 968M, and the highest in 2024 at $37B 355M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 5.2%.
For comparison, the average annual growth rate of El Salvador was 5.1%, and that of Nicaragua was 5.4%.
Honduras GDP from 1980 to 2024
The total market value of goods and services produced annually in Honduras.
Overview of Honduras's GDP (1980–2024)
The Gross Domestic Product (GDP) of Honduras recorded a 841.4% sharply increased from 1980 to 2024.
The average GDP during this period was $12B 658M, and the median was $7B 877M.
GDP fluctuated within a range of $33B 387M, with a standard deviation of $9B 246M.
The average annual change was $638M 92K.
Highest and Lowest GDP Records
- Lowest GDP: 1980, $3B 968M
- Highest GDP: 2024, $37B 355M
- Most Recent GDP: 2024, $37B 355M
Notable Annual GDP Changes
- 2021: Significant increase in GDP
- 1990: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Honduras's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $25B 91M → $23B 826M
- Outcome: declined
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $12B 361M → $14B 587M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $7B 104M → $7B 653M
- Outcome: increased
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $5B 736M → $6B 366M
- Outcome: sharply increased
Key Economic Indicators of Honduras (1980–2024)
| year | GDP Growth | Nominal GDP | PPP GDP | GDP per Capita | PPP per Capita | Savings | Population | Current Account | Fiscal Balance |
|---|---|---|---|---|---|---|---|---|---|
1980 | 0.599 % | $ 3B 968M | $ 5B 98M | $ 1,080.43 | $ 1,388.10 | 8.03 % | 3M 673K people | -7.981 % | 0 % |
1981 | -1.222 % | $ 4B 43M | $ 5B 512M | $ 1,066.90 | $ 1,454.31 | 7.20 % | 3M 790K people | -7.49 % | 0 % |
1982 | -2.075 % | $ 4B 267M | $ 5B 731M | $ 1,091.79 | $ 1,466.67 | 4.39 % | 3M 908K people | -5.206 % | 0 % |
1983 | 0.906 % | $ 4B 477M | $ 6B 10M | $ 1,111.12 | $ 1,491.66 | 4.61 % | 4M 29K people | -4.91 % | 0 % |
1984 | 6.327 % | $ 4B 915M | $ 6B 621M | $ 1,183.30 | $ 1,593.87 | 6.21 % | 4M 154K people | -5.554 % | 0 % |
1985 | 5.626 % | $ 5B 278M | $ 7B 214M | $ 1,232.42 | $ 1,684.54 | 8.49 % | 4M 283K people | -3.45 % | 0 % |
1986 | 5.331 % | $ 5B 678M | $ 7B 752M | $ 1,287.14 | $ 1,757.35 | 7.52 % | 4M 411K people | -1.77 % | 0 % |
1987 | 6.638 % | $ 6B 191M | $ 8B 471M | $ 1,362.48 | $ 1,864.50 | 7.77 % | 4M 544K people | -3.911 % | 0 % |
1988 | 1.746 % | $ 6B 877M | $ 8B 923M | $ 1,469.40 | $ 1,906.74 | 12.21 % | 4M 680K people | -1.915 % | 0 % |
1989 | 2.728 % | $ 7B 877M | $ 9B 526M | $ 1,635.70 | $ 1,978.19 | 9.79 % | 4M 816K people | -2.764 % | 0 % |
1990 | 2.792 % | $ 4B 923M | $ 10B 159M | $ 993.49 | $ 2,050.05 | 12.60 % | 4M 955K people | -1.633 % | 0.505 % |
1991 | -3.319 % | $ 4B 649M | $ 10B 154M | $ 911.76 | $ 1,991.46 | 13.04 % | 5M 99K people | -3.235 % | 2.005 % |
1992 | 6.074 % | $ 4B 944M | $ 11B 16M | $ 942.61 | $ 2,100.37 | 13.51 % | 5M 245K people | -4.448 % | 2.749 % |
1993 | 6.496 % | $ 4B 961M | $ 12B 9M | $ 919.59 | $ 2,226.26 | 17.47 % | 5M 394K people | -6.249 % | -1.496 % |
1994 | 0.212 % | $ 4B 642M | $ 12B 292M | $ 836.61 | $ 2,215.16 | 21.16 % | 5M 549K people | -6.658 % | 1.606 % |
1995 | 6.189 % | $ 5B 415M | $ 13B 326M | $ 948.44 | $ 2,334.24 | 24.64 % | 5M 709K people | -3.265 % | 2.187 % |
1996 | 1.871 % | $ 5B 217M | $ 13B 824M | $ 888 | $ 2,353.11 | 23.26 % | 5M 875K people | -3.717 % | 2.515 % |
1997 | 4.598 % | $ 5B 736M | $ 14B 709M | $ 948.72 | $ 2,432.98 | 24.61 % | 6M 46K people | -2.96 % | 2.563 % |
1998 | 3.59 % | $ 6B 366M | $ 15B 408M | $ 1,023.40 | $ 2,477.08 | 24.61 % | 6M 220K people | -2.014 % | 5.288 % |
1999 | -0.736 % | $ 6B 417M | $ 15B 512M | $ 1,003.07 | $ 2,424.75 | 28.89 % | 6M 397K people | -3.76 % | 3.784 % |