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Honduras: Imports of goods and services (% of GDP)

In , Honduras's Imports of goods and services (% of GDP) was 57.56.

That's down 6.3% from 2023, the highest value since .

The global average for this indicator in 2024 was 47.94 . Honduras ranks #47 globally out of 160 reporting countries. Within Latin America & Caribbean, it ranks #4 of 24.

Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

Honduras Imports of goods and services (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
84.42
Trough
52.13
1-year change
-6.3%
5-year change
-2.8%
-0.6% / yr
10-year change
-12.0%
-1.3% / yr

Historical Data — Last 10 Years

Year Imports of goods and services (% of GDP)
57.5611
61.4233
70.2593
64.0072
52.1257
59.2410
62.0963
58.7193
57.1016
62.0976

About Imports of goods and services (% of GDP)

Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.IMP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Honduras's Imports of goods and services (% of GDP) in 2024?
In 2024, Honduras's Imports of goods and services (% of GDP) was 57.56, according to World Bank Open Data.
Is Honduras's Imports of goods and services (% of GDP) rising or falling?
Honduras's Imports of goods and services (% of GDP) fell 6.3% from 2023 to 2024.
How does Honduras rank globally on Imports of goods and services (% of GDP)?
In 2024, Honduras ranked #47 out of 160 countries reporting Imports of goods and services (% of GDP).
How does Honduras's Imports of goods and services (% of GDP) compare to the world average?
The global average for Imports of goods and services (% of GDP) in 2024 was 47.94, so Honduras is above the world average. Within Latin America & Caribbean, it ranks #4 of 24.
What is Imports of goods and services (% of GDP) and how is it measured?
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.