Flag of hn

Honduras GDP Annual Growth Rate

Honduras' GDP annual growth rate fell to 3.55% in 2024, down from 3.58% in 2023, according to World Bank. This represents a decrease of 0.03% from the previous year. Honduras has GDP annual growth rate higher than the global median (3.55% vs median 3.24%). Compared with the median in Americas, Honduras is higher (3.55% vs regional median 3.27%) and ranks 18th out of 44 countries in Americas.

Honduras' real GDP rose to $27.86 billion in 2024, up from $26.9 billion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 3.55%
2023 3.58%
2022 4.14%
2021 12.57%
2020 -8.97%
2019 2.56%
2018 3.84%
2017 4.84%
2016 3.89%
2015 3.84%
2014 3.06%
2013 2.79%
2012 4.13%
2011 3.84%
2010 3.73%
2009 -2.43%
2008 4.23%
2007 6.19%
2006 6.57%
2005 6.05%
2004 6.23%
2003 4.55%
2002 3.75%
2001 2.72%
2000 7.29%
1999 -0.74%
1998 3.59%
1997 4.6%
1996 1.87%
1995 6.19%
1994 0.21%
1993 6.5%
1992 6.07%
1991 -3.32%
1990 2.79%
1989 2.73%
1988 1.75%
1987 6.64%
1986 5.33%
1985 5.63%
1984 6.33%
1983 0.91%
1982 -2.07%
1981 -1.22%
1980 0.6%
1979 5.61%
1978 5.97%
1977 10.38%
1976 10.5%
1975 2.13%
1974 -1.23%
1973 7.87%
1972 5.76%
1971 4%
1970 3.63%
1969 0.66%
1968 6.6%
1967 5.98%
1966 5.37%
1965 9.04%
1964 5.42%
1963 3.58%
1962 5.76%
1961 1.86%
Honduras GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Honduras' total economic output.
Indicator Last Value Prior Value Period
GDP $37.09B $34.36B 2024
GDP per Capita $2,573.37 $2,527.27 2024
GDP per Capita PPP $6,585.86 $6,467.88 2024
R&D Expenditure (% GDP) 0.06% 0.06% 2019
Real GDP $27.86B $26.9B 2024