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Economy of China vs Honduras compared: GDP & Debt

Updated on by Georank team

China has a GDP of $18.7T compared to $37.1B for Honduras, ranking 2/197 and 104/197 by economy size, respectively.

China has $16.6T in government debt (88.3% of GDP), compared to $17.5B (47.1% of GDP) in Honduras.

China vs Honduras GDP by year

China
Honduras
1x
Year GDP, current $
China Honduras
2024 $18,743,803,170,827 $37,093,565,854
2023 $18,270,356,654,533 $34,355,805,528
2022 $18,316,765,021,690 $31,426,041,807
2021 $18,201,698,719,564 $28,144,331,507
2020 $14,996,414,166,715 $23,352,232,484
2019 $14,560,167,101,283 $24,882,225,742
2018 $14,147,765,772,964 $24,067,750,760
2017 $12,537,559,062,283 $23,136,247,991
2016 $11,456,024,084,962 $21,717,604,952
2015 $11,280,814,787,469 $20,979,791,685
2014 $10,674,533,168,257 $19,756,533,972
2013 $9,743,124,247,267 $18,499,729,215
2012 $8,673,664,713,189 $18,528,554,398
2011 $7,671,757,207,851 $17,710,275,685
2010 $6,192,564,874,453 $15,839,344,592
2009 $5,189,577,094,998 $14,587,496,229
2008 $4,667,346,414,522 $13,881,731,876
2007 $3,604,055,822,572 $12,361,257,681
2006 $2,791,498,472,804 $10,917,477,066
2005 $2,317,551,298,052 $9,757,012,697
2004 $1,984,196,551,300 $8,869,299,234
2003 $1,683,903,309,844 $8,230,391,347
2002 $1,489,821,682,051 $7,858,255,413
2001 $1,355,036,590,252 $7,651,162,302
2000 $1,223,754,919,971 $7,186,638,029
1999 $1,103,843,203,576 $6,394,090,592
1998 $1,037,134,141,760 $6,163,707,533
1997 $967,753,570,435 $5,569,178,707
1996 $868,523,936,530 $4,798,834,459
1995 $738,190,896,228 $4,672,346,194
1994 $566,929,539,493 $4,105,686,899
1993 $446,557,291,212 $4,190,773,622
1992 $428,502,354,788 $4,122,846,905
1991 $384,510,452,962 $3,699,381,195
1990 $361,560,229,446 $3,734,460,117
1989 $348,380,566,802 $4,375,896,552
1988 $312,888,888,889 $4,892,660,944
1987 $273,455,156,951 $5,024,800,000
1986 $301,310,144,928 $4,706,100,000
1985 $310,064,625,850 $4,328,300,000
1984 $260,442,857,143 $4,029,900,000
1983 $231,130,268,199 $3,840,550,000
1982 $205,480,916,031 $3,619,500,000
1981 $196,218,253,968 $3,501,800,000
1980 $191,487,500,000 $3,184,400,000
1979 $178,573,913,043 $2,778,900,000
1978 $149,788,617,886 $2,393,650,000
1977 $175,226,595,860 $1,900,700,000
1976 $154,196,810,059 $1,589,300,000
1975 $163,687,619,736 $1,330,050,000
1974 $144,418,433,058 $1,243,000,000
1973 $138,764,340,892 $1,128,299,436
1972 $113,871,930,714 $1,030,645,362
1971 $99,959,013,880 $958,450,000
1970 $92,752,930,873 $904,400,000
1969 $79,847,786,729 $844,400,000
1968 $70,980,323,819 $815,450,000
1967 $73,011,350,596 $750,950,000
1966 $76,854,053,259 $692,150,000
1965 $70,565,994,356 $651,050,000
1964 $59,821,862,703 $591,100,000
1963 $50,812,227,919 $553,500,000
1962 $47,310,737,754 $532,450,000
1961 $50,162,299,350 $503,300,000
1960 $59,846,235,025 $475,650,000

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/china/honduras | CC BY

GDP per capita in China vs Honduras by year

China
GDP per capita

GDP per capita, PPP
Honduras
GDP per capita

GDP per capita, PPP
1x
Year Current $
China Honduras
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,303 $27,105 $3,426 $7,486
2023 $12,951 $25,179 $3,227 $7,178
2022 $12,971 $23,032 $3,003 $6,805
2021 $12,887 $20,843 $2,735 $6,203
2020 $10,627 $18,267 $2,308 $5,385
2019 $10,343 $17,601 $2,502 $5,785
2018 $10,086 $16,298 $2,465 $5,633
2017 $8,980 $15,022 $2,413 $5,621
2016 $8,255 $14,157 $2,307 $5,186
2015 $8,175 $13,463 $2,271 $4,846
2014 $7,781 $12,942 $2,180 $4,460
2013 $7,147 $12,228 $2,081 $4,137
2012 $6,405 $11,420 $2,126 $4,016
2011 $5,704 $10,457 $2,074 $3,901
2010 $4,629 $9,411 $1,893 $3,758
2009 $3,898 $8,448 $1,781 $3,656
2008 $3,523 $7,713 $1,732 $3,806
2007 $2,735 $6,935 $1,578 $3,664
2006 $2,129 $5,946 $1,426 $3,438
2005 $1,778 $5,148 $1,305 $3,204
2004 $1,531 $4,505 $1,215 $3,001
2003 $1,307 $4,007 $1,156 $2,821
2002 $1,164 $3,591 $1,132 $2,715
2001 $1,065 $3,258 $1,132 $2,645
2000 $969 $2,964 $1,093 $2,587
1999 $881 $2,690 $999 $2,372
1998 $835 $2,483 $989 $2,152
1997 $787 $2,297 $917 $1,959
1996 $713 $2,088 $813 $1,617
1995 $613 $1,884 $814 $1,329
1994 $476 $1,680 $736 $1,074
1993 $379 $1,471 $773 $838
1992 $368 $1,276 $782 $741
1991 $334 $1,105 $722 $684
1990 $319 $991 $750 $540
1989 $311 - $904 -
1988 $284 - $1,039 -
1987 $252.3 - $1,098 -
1986 $282.4 - $1,058 -
1985 $295 - $1,001 -
1984 $251.2 - $960 -
1983 $225.9 - $942 -
1982 $203.7 - $914 -
1981 $197.4 - $912 -
1980 $195.1 - $854 -
1979 $184.3 - $769 -
1978 $156.7 - $683 -
1977 $185.7 - $559 -
1976 $165.7 - $482 -
1975 $178.6 - $417 -
1974 $160.4 - $401 -
1973 $157.3 - $375 -
1972 $132.1 - $353 -
1971 $118.8 - $338 -
1970 $113.3 - $329 -
1969 $100.3 - $316 -
1968 $91.6 - $314 -
1967 $96.8 - $298.2 -
1966 $104.5 - $282.9 -
1965 $98.7 - $273.9 -
1964 $85.7 - $255.9 -
1963 $74.5 - $246.6 -
1962 $71.1 - $244 -
1961 $76 - $237.3 -
1960 $89.7 - $230.7 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/china/honduras | CC BY

China's GDP per capita is $13,303, ranking 76/197, compared to $3,426 in Honduras, ranking 136/197. Adjusted for purchasing power (GDP per capita PPP), China ranks 77th at $27,105, while Honduras ranks 146th at $7,486.

Economic indicators

China Honduras
Gross domestic product
$18.7T
2024
$37.1B
2024
GDP rank
2/197
2024
104/197
2024
GDP growth
4.98%
2023-2024
3.55%
2023-2024
GDP per capita
$13,303
2024
$3,426
2024
GDP per capita rank
76/197
2024
136/197
2024
GDP per capita, PPP
$27,105
2024
$7,486
2024
GDP per capita PPP rank
77/197
2024
146/197
2024
Government debt
$16.6T
2024
$17.5B
2024
Debt-to-GDP ratio
88.3%
2024
47.1%
2024
Government debt per person
$11,749
2024
$1,613
2024
Government debt per person rank
47/185
2024
126/185
2024
Average annual personal income after taxes
$9,826
2026
$4,901
2026
Market capitalization of domestic companies
$11.8T
2024
n/a
Number of millionaires
6,327,000
2025
n/a
Number of billionaires
450
2025
n/a
Income share by richest 10%
28.4%
2022
32.3%
2024
Income share by poorest 10%
3.1%
2022
1.2%
2024
Government expenditure, % of GDP
32.9%
2024
25.7%
2024
Consumer prices inflation
0.2%
2023-2024
4.61%
2023-2024
Central bank interest rate
3.1%
2024
5.75%
2024
Unemployment rate
5.11%
2021
4.91%
2024
Population
1402578808
11237619

Spending and national debt comparison by year

China
Spending

Debt
Honduras
Spending

Debt
1x
Year % of GDP
China Honduras
Government spending Government debt Government spending Government debt
2024 32.9% 88.3% 25.7% 47.1%
2023 32.7% 82% 27.2% 47.9%
2022 32.6% 75.5% 24% 51%
2021 31.9% 70.1% 28.8% 50.3%
2020 34.8% 69% 28.4% 52.5%
2019 33.6% 59.4% 25.9% 44.1%
2018 32.6% 55.6% 26.2% 43.5%
2017 32% 53.9% 26.9% 43.6%
2016 31.7% 49.7% 27.4% 40.3%
2015 31% 40.8% 26% 42.3%
2014 28.4% 39.3% 26.4% 43%
2013 28.1% 36.4% 28% 42.1%
2012 27.7% 33.8% 26.4% 32.4%
2011 26.6% 33.2% 25.9% 31.5%
2010 24.7% 33.3% 26.5% 28.9%
2009 25.2% 34% 28.4% 23.8%
2008 22.2% 26.7% 26.4% 22.3%
2007 17.9% 28.7% 24.4% 24%
2006 18.1% 25.2% 24.4% 39.2%
2005 18% 25.9% 23.6% 55.6%
2004 17.6% 26% 25.5% 60.9%
2003 18% 26.4% 26.4% 67.8%
2002 18.2% 25.6% 26.8% 64.2%
2001 17.2% 24.3% 25.1% 63.4%
2000 16.1% 22.7% 22.1% 65.8%
1999 14.9% 21.6% 23.3% 75.8%
1998 12.6% 20.4% 19.4% 67.4%
1997 11.5% 20.4% 19.4% 70.8%
1996 11% 21.2% 18.7% 64.6%
1995 11.1% 21.4% 17.2% 65.4%
1994 12.4% - 19.2% 86.4%
1993 13.4% - 23.7% 108%
1992 14.6% - 20.5% 116.5%
1991 16.5% - 18.8% 122.2%
1990 18.2% - 16.4% 200.3%
1989 18.6% - 10.2% 68.4%
1988 20.9% 4.46% 16% 71.7%
1987 23.4% 3.6% 17.2% 73.6%
1986 25.6% 3.24% 19.8% 69.9%
1985 25.8% 3.31% 22.5% 65.7%
1984 26.9% 0.97% 22.4% 60.5%
1983 28.3% - 20.8% 57.6%
1982 27.9% - 18.7% 54.3%
1981 - - 15.3% 48.1%
1980 - - 16.2% 41%
1979 - - 14.4% 36.1%
1978 - - 13.1% 32.8%
1977 - - 14.6% 28.2%
1976 - - 11.5% 26.5%
1975 - - 11.9% 24%
1974 - - 11.7% 18.5%
1973 - - 11.1% 16.6%
1972 - - 12.6% 16.8%
1971 - - 15.2% 19.8%
1970 - - 15.2% 17.2%
1969 - - 13.6% 13%
1968 - - 11.6% 9.75%
1967 - - 11.4% 9.72%
1966 - - 11.4% 9.47%
1965 - - 10.6% 8.97%
1964 - - 11.4% 9.78%
1963 - - 10.1% 9.02%
1962 - - 10.5% 8.54%
1961 - - 11.2% 8.22%
1960 - - 12.2% 8.97%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/china/honduras | CC BY

In 2024, China's government spending was $6.18T, accounting for 32.9% of its GDP, while Honduras spent $9.52B, or 25.7% of GDP.

Debt-to-GDP ratio is 88.3% in China and 47.1% in Honduras, ranking 34/185 and 115/185, respectively.

Government deficit by year

Deficit/surplus
China

Honduras
1x
Year Deficit/surplus, % of GDP
China Honduras
2024 -7.34% -1.12%
2023 -6.71% -1.96%
2022 -7.32% 1.57%
2021 -5.9% -3.17%
2020 -9.56% -4.58%
2019 -6% 0.09%
2018 -4.2% 0.2%
2017 -3.34% -0.41%
2016 -3.33% -0.4%
2015 -2.5% -0.78%
2014 -0.67% -2.81%
2013 -0.82% -5.48%
2012 -0.3% -3.48%
2011 -0.1% -2.94%
2010 -0.36% -3.37%
2009 -1.72% -4.86%
2008 -0.02% -0.27%
2007 0.06% -0.25%
2006 -1.13% -1.36%
2005 -1.38% -0.03%
2004 -1.49% -2.48%
2003 -2.36% -5.09%
2002 -2.84% -5.02%
2001 -2.56% -3.12%
2000 -2.81% 1.51%
1999 -2.3% 1.38%
1998 -1.08% 2.89%
1997 -0.73% 0.08%
1996 -0.73% 0.13%
1995 -0.94% -0.24%
1994 -1.68% -0.98%
1993 -0.89% -5.03%
1992 -1.22% -1.41%
1991 -1.04% -1.95%
1990 -0.72% -1.82%
1989 -0.91% 2.08%
1988 -2.22% -2.65%
1987 -2.08% -3.23%
1986 -1.82% -5.92%
1985 -0.45% -8.58%
1984 -1.44% -9.33%
1983 -1.61% -9.1%
1982 -1.33% -6.17%
1981 - -2.5%
1980 - -2.52%
1979 - -1.55%
1978 - -0.68%
1977 - -2.55%
1976 - -0.93%
1975 - -1.78%
1974 - -0.27%
1973 - -0.71%
1972 - -2.37%
1971 - -3.51%
1970 - -3.24%
1969 - -2.16%
1968 - -0.38%
1967 - -0.73%
1966 - -0.45%
1965 - 0.19%
1964 - -1.77%
1963 - -0.39%
1962 - -0.71%
1961 - -1.05%
1960 - -1.22%
1959 - -1.31%
1958 - -1.16%
1957 - -1.01%
1956 - -1.81%
1955 - -0.42%
1954 - -2.91%
1953 - -2.96%
1952 - -3.21%
1951 - -1.04%
1950 - -0.44%
1949 - -1.92%
1948 - 0.52%
1947 - -0.83%
1946 - 0.32%
1945 - 0%
1944 - -0.82%
1943 - -0.48%
1942 - 0%
1941 - -0.26%
1940 - -0.43%
1939 - -0.52%
1938 - -0.74%
1937 - -1.37%
1936 - -0.76%
1935 - 0%
1934 - 0.06%
1933 - 2.06%
1932 - -2.13%
1931 - -0.94%
1930 - -1.15%
1929 - -0.38%
1928 - 0.72%
1927 - 0.37%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1927–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/china/honduras | CC BY

In 2024, China's government deficit, the difference between spending and revenue, was $1.38T, equivalent to 7.34% of GDP. This compares to Honduras' deficit of $415M, or 1.12% of GDP.

Over the past 43 years, China recorded a fiscal deficit in 42 of those years, while Honduras ran a deficit in 34 years. On average, China posted an annual deficit equal to 2.28% of GDP, compared to deficit of 2.31% of GDP for Honduras.

Inflation comparison by year

Inflation
China

Honduras
1x
Year Consumer prices inflation
China Honduras
2024 0.2% 4.61%
2023 0.2% 6.66%
2022 2% 9.09%
2021 0.9% 4.48%
2020 2.5% 3.47%
2019 2.9% 4.37%
2018 2.1% 4.35%
2017 1.6% 3.93%
2016 2% 2.72%
2015 1.5% 3.16%
2014 2% 6.13%
2013 2.7% 5.16%
2012 2.6% 5.2%
2011 5.4% 6.76%
2010 3.3% 4.7%
2009 -0.7% 5.5%
2008 5.9% 11.4%
2007 4.7% 6.94%
2006 1.5% 5.58%
2005 1.8% 8.81%
2004 3.9% 8.11%
2003 1.1% 7.67%
2002 -0.8% 7.69%
2001 0.7% 9.67%
2000 0.4% 11%
1999 -1.4% 11.7%
1998 -0.8% 13.7%
1997 2.8% 20.2%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/china/honduras | CC BY

Over the past 28 years, China has recorded an average annual inflation rate of 1.82%, compared with 7.24% in Honduras. In 2024, inflation was 0.2% in China and 4.61% in Honduras.

Top exports between countries

China
Export category Export value
Machinery & equipment $813M
Metals $368M
Textiles & consumer goods $335M
Chemicals & pharma $237M
Raw materials & minerals $92.8M
Wood & paper products $34.5M
Miscellaneous $22.9M
Processed food, beverages & tobacco $20M
Raw agricultural goods $6.79M
Precious metals & jewellery $3.99M
Honduras
Export category Export value
Raw agricultural goods $12.5M
Raw materials & minerals $11.8M
Metals $9.68M
Machinery & equipment $1.34M
Animal & marine products $1.23M
Chemicals & pharma $727K
Processed food, beverages & tobacco $298K
Wood & paper products $182K
Textiles & consumer goods $37K
Miscellaneous $18K

Balance of trade

China Honduras
Current account balance
$424B
2024
-$1.65B
2024
Current account balance ranking
1/190
2024
137/190
2024
Current account balance, % of GDP
+2.26%
2024
-4.45%
2024
Goods imports
$2.64T
2024
$14.6B
2024
Goods exports
$3.41T
2024
$5.67B
2024
Service imports
$613B
2024
$3.67B
2024
Service exports
$384B
2024
$3.75B
2024
Imports of goods and services, % of GDP
17.2%
2024
57.6%
2024
Exports of goods and services, % of GDP
20%
2024
33.5%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

China Honduras
Economic freedom 48.3 59.1
Economic freedom ranking 170/197 105/197
Property rights 40.9 35.7
Government integrity 42.3 24.6
Judicial effectiveness 38.6 27.6
Tax burden 69.3 83.1
Government spending 67.8 80.3
Fiscal health 4.4 95.2
Business freedom 68.7 59.4
Labor freedom 57.9 37.9
Monetary freedom 76.1 70.1
Trade freedom 73.4 69.8
Investment freedom 20 65
Financial freedom 20 60

Economic freedom comparison by year

China
Honduras
1x
Year Economic freedom index
China Honduras
2026 48.3 59.1
2025 49 59.6
2024 48.5 58.6
2023 48.3 58.7
2022 48 59.5
2021 58.4 59.8
2020 59.5 61.1
2019 58.4 60.2
2018 57.8 60.6
2017 57.4 58.8
2016 52 57.7
2015 52.7 57.4
2014 52.5 57.1
2013 51.9 58.4
2012 51.2 58.8
2011 52 58.6
2010 51 58.3
2009 53.2 58.7
2008 53.1 58.9
2007 52 59.1
2006 53.6 57.4
2005 53.7 55.3
2004 52.5 55.3
2003 52.6 60.4
2002 52.8 58.7
2001 52.6 57
2000 56.4 57.6
1999 54.8 56.7
1998 53.1 56.2
1997 51.7 56
1996 51.3 56.6
1995 52 57

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/china/honduras | CC BY

The Economic Freedom Index for China is 48.3, ranking 170/197, compared to 59.1 for Honduras, ranking 105/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

China Honduras
Services, % of GDP
56.7%
2024
58.4%
2024
Industry, % of GDP
36.5%
2024
26.1%
2024
Agriculture, forestry, and fishing, % of GDP
6.78%
2024
11.2%
2024
GNI, Atlas method
$19.3T
2024
$32.7B
2024
GNI per capita, PPP
$26,920
2024
$6,900
2024
Total reserves including gold
$3.46T
2024
$8.04B
2024
Total reserves ranking
1/177
2024
84/177
2024
Net foreign direct investment
$154B
2024
-$620M
2024
Net inflows of foreign direct investment
$18.6B
2024
$1.31B
2024
Net outflows of foreign direct investment
$172B
2024
$689M
2024
Servicing debt to the IMF, % of GNI
1.89%
2024
5.23%
2024
Poverty at national poverty lines
0%
2020
62.9%
2024
Gross capital formation, % of GDP
40.6%
2024
22.5%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/china/honduras | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1927–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.