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Honduras Trade (% GDP)

Honduras' trade (% GDP) fell to 91.11% in 2024, down from 98.79% in 2023, according to World Bank. This represents a decrease of 7.68% from the previous year. Honduras has trade (% GDP) higher than the global median (91.11% vs median 84.49%). Compared with the median in Americas, Honduras is higher (91.11% vs regional median 78.04%) and ranks 11th out of 32 countries in Americas.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 91.11%
2023 98.79%
2022 112.7%
2021 103.37%
2020 88%
2019 99.46%
2018 103.55%
2017 101.81%
2016 99.82%
2015 107.26%
2014 112.98%
2013 116.31%
2012 121.19%
2011 122.22%
2010 109.44%
2009 96.91%
2008 135.75%
2007 135.07%
2006 133.13%
2005 136.49%
2004 135.46%
2003 122.25%
2002 118%
2001 115.94%
2000 120.39%
1999 120.13%
1998 122.05%
1997 118.85%
1996 115.45%
1995 102.45%
1994 100.32%
1993 84.35%
1992 76.26%
1991 74.65%
1990 71.01%
1989 63.78%
1988 55.25%
1987 48.72%
1986 54.7%
1985 56.53%
1984 58.24%
1983 56.67%
1982 55.31%
1981 72.11%
1980 78.4%
1979 74.7%
1978 70.89%
1977 74.09%
1976 71.88%
1975 70.37%
1974 76.22%
1973 65.32%
1972 57.47%
1971 60.19%
1970 62.02%
1969 58.85%
1968 62.03%
1967 59.07%
1966 58.7%
1965 54.08%
1964 47.22%
1963 46.81%
1962 44.56%
1961 44.24%
1960 44.42%
Honduras Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Honduras divided by its total economic output, shown 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
Tariff Rate 1.63% 3.36% 2022