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Honduras Tariff Rate

Honduras' tariff rate fell to 1.63% in 2022, down from 3.36% in 2021, according to World Bank. This represents a decrease of 1.73% from the previous year. Honduras has the 13th lowest tariff rate. Within Americas, it ranks 36th out of 38 countries.

Yearly Historical Data (1995-2022)

(in %)
Year Tariff Rate (%)
2022 1.63%
2021 3.36%
2020 3.9%
2018 4.01%
2015 4.32%
2013 6.36%
2012 6.38%
2011 6.51%
2010 6.53%
2009 6.55%
2008 4.73%
2007 5.4%
2006 6.56%
2005 6.69%
2004 5.54%
2003 6.67%
2002 6.69%
2001 7.84%
2000 8.1%
1999 7.96%
1998 8.04%
1997 9.23%
1996 7.21%
1995 9.59%
Honduras Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Honduras on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $7.17B $4.98B 2023
Annual Imports $14.38B $11.63B 2023
Exports (% GDP) 33.55% 37.37% 2024
FDI Inflows (% GDP) 3.53% 3.16% 2024
Imports (% GDP) 57.56% 61.42% 2024
Net Trade (Goods & Services, BoP) -$8.88B -$8.12B 2024
Trade (% GDP) 91.11% 98.79% 2024