Honduras GDP Trends from 1980 to 2024: A overall increase with some decline Flow

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%.

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.


Honduras GDP from 1980 to 2024

The total market value of goods and services produced annually in Honduras.

Change Chart

    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)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 3B 968M
    $ 1,080.43
    $ 1,388.10
    $ 5B 98M
    0.599 %
    -7.981 %
    8.03 %
    0 %
    3M 673K people
    1981
    $ 4B 43M
    $ 1,066.90
    $ 1,454.31
    $ 5B 512M
    -1.222 %
    -7.49 %
    7.20 %
    0 %
    3M 790K people
    1982
    $ 4B 267M
    $ 1,091.79
    $ 1,466.67
    $ 5B 731M
    -2.075 %
    -5.206 %
    4.39 %
    0 %
    3M 908K people
    1983
    $ 4B 477M
    $ 1,111.12
    $ 1,491.66
    $ 6B 10M
    0.906 %
    -4.91 %
    4.61 %
    0 %
    4M 29K people
    1984
    $ 4B 915M
    $ 1,183.30
    $ 1,593.87
    $ 6B 621M
    6.327 %
    -5.554 %
    6.21 %
    0 %
    4M 154K people
    1985
    $ 5B 278M
    $ 1,232.42
    $ 1,684.54
    $ 7B 214M
    5.626 %
    -3.45 %
    8.49 %
    0 %
    4M 283K people
    1986
    $ 5B 678M
    $ 1,287.14
    $ 1,757.35
    $ 7B 752M
    5.331 %
    -1.77 %
    7.52 %
    0 %
    4M 411K people
    1987
    $ 6B 191M
    $ 1,362.48
    $ 1,864.50
    $ 8B 471M
    6.638 %
    -3.911 %
    7.77 %
    0 %
    4M 544K people
    1988
    $ 6B 877M
    $ 1,469.40
    $ 1,906.74
    $ 8B 923M
    1.746 %
    -1.915 %
    12.21 %
    0 %
    4M 680K people
    1989
    $ 7B 877M
    $ 1,635.70
    $ 1,978.19
    $ 9B 526M
    2.728 %
    -2.764 %
    9.79 %
    0 %
    4M 816K people
    1990
    $ 4B 923M
    $ 993.49
    $ 2,050.05
    $ 10B 159M
    2.792 %
    -1.633 %
    12.60 %
    0.505 %
    4M 955K people
    1991
    $ 4B 649M
    $ 911.76
    $ 1,991.46
    $ 10B 154M
    -3.319 %
    -3.235 %
    13.04 %
    2.005 %
    5M 99K people
    1992
    $ 4B 944M
    $ 942.61
    $ 2,100.37
    $ 11B 16M
    6.074 %
    -4.448 %
    13.51 %
    2.749 %
    5M 245K people
    1993
    $ 4B 961M
    $ 919.59
    $ 2,226.26
    $ 12B 9M
    6.496 %
    -6.249 %
    17.47 %
    -1.496 %
    5M 394K people
    1994
    $ 4B 642M
    $ 836.61
    $ 2,215.16
    $ 12B 292M
    0.212 %
    -6.658 %
    21.16 %
    1.606 %
    5M 549K people
    1995
    $ 5B 415M
    $ 948.44
    $ 2,334.24
    $ 13B 326M
    6.189 %
    -3.265 %
    24.64 %
    2.187 %
    5M 709K people
    1996
    $ 5B 217M
    $ 888
    $ 2,353.11
    $ 13B 824M
    1.871 %
    -3.717 %
    23.26 %
    2.515 %
    5M 875K people
    1997
    $ 5B 736M
    $ 948.72
    $ 2,432.98
    $ 14B 709M
    4.598 %
    -2.96 %
    24.61 %
    2.563 %
    6M 46K people
    1998
    $ 6B 366M
    $ 1,023.40
    $ 2,477.08
    $ 15B 408M
    3.59 %
    -2.014 %
    24.61 %
    5.288 %
    6M 220K people
    1999
    $ 6B 417M
    $ 1,003.07
    $ 2,424.75
    $ 15B 512M
    -0.736 %
    -3.76 %
    28.89 %
    3.784 %
    6M 397K people