Honduras: Trade (% of GDP)
In , Honduras's Trade (% of GDP) was 91.11.
That's down 7.8% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Honduras ranks #70 globally out of 160 reporting countries. Within Latin America & Caribbean, it ranks #6 of 24.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 136.49
- Trough
- 88.00
- 1-year change
- -7.8%
- 5-year change
- -8.4%
- -1.7% / yr
- 10-year change
- -19.4%
- -2.1% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 91.1102 | |
| 98.7920 | |
| 112.6985 | |
| 103.3726 | |
| 88.0009 | |
| 99.4600 | |
| 103.5512 | |
| 101.8131 | |
| 99.8157 | |
| 107.2644 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. 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.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Honduras's Trade (% of GDP) in 2024?
- In 2024, Honduras's Trade (% of GDP) was 91.11, according to World Bank Open Data.
- Is Honduras's Trade (% of GDP) rising or falling?
- Honduras's Trade (% of GDP) fell 7.8% from 2023 to 2024.
- How does Honduras rank globally on Trade (% of GDP)?
- In 2024, Honduras ranked #70 out of 160 countries reporting Trade (% of GDP).
- How does Honduras's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Honduras is below the world average. Within Latin America & Caribbean, it ranks #6 of 24.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. 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.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.