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Economy of Honduras vs Mauritania compared: GDP & Debt

Updated on by Georank team

Honduras has a GDP of $37.1B compared to $10.9B for Mauritania, ranking 104/197 and 153/197 by economy size, respectively.

Honduras has $17.5B in government debt (47.1% of GDP), compared to $4.67B (42.8% of GDP) in Mauritania.

Honduras vs Mauritania GDP by year

Honduras
Mauritania
1x
Year GDP, current $
Honduras Mauritania
2024 $37,093,565,854 $10,908,045,687
2023 $34,355,805,528 $10,726,838,461
2022 $31,426,041,807 $9,557,966,698
2021 $28,144,331,507 $9,222,536,364
2020 $23,352,232,484 $8,260,752,385
2019 $24,882,225,742 $7,894,764,886
2018 $24,067,750,760 $7,473,550,557
2017 $23,136,247,991 $6,800,135,898
2016 $21,717,604,952 $6,398,747,592
2015 $20,979,791,685 $6,166,863,897
2014 $19,756,533,972 $6,592,537,782
2013 $18,499,729,215 $7,223,071,097
2012 $18,528,554,398 $6,728,208,836
2011 $17,710,275,685 $6,764,627,746
2010 $15,839,344,592 $5,628,878,798
2009 $14,587,496,229 $4,714,595,548
2008 $13,881,731,876 $5,206,437,194
2007 $12,361,257,681 $4,346,212,355
2006 $10,917,477,066 $3,919,577,286
2005 $9,757,012,697 $2,936,019,526
2004 $8,869,299,234 $2,362,501,023
2003 $8,230,391,347 $2,051,147,607
2002 $7,858,255,413 $1,777,057,481
2001 $7,651,162,302 $1,746,063,558
2000 $7,186,638,029 $1,779,520,886
1999 $6,394,090,592 $1,985,922,776
1998 $6,163,707,533 $2,032,347,665
1997 $5,569,178,707 $2,071,996,564
1996 $4,798,834,459 $2,132,087,009
1995 $4,672,346,194 $2,091,726,101
1994 $4,105,686,899 $1,944,876,755
1993 $4,190,773,622 $1,847,353,211
1992 $4,122,846,905 $2,164,298,425
1991 $3,699,381,195 $2,133,692,697
1990 $3,734,460,117 $1,506,914,408
1989 $4,375,896,552 $1,450,647,019
1988 $4,892,660,944 $1,414,951,290
1987 $5,024,800,000 $1,344,664,725
1986 $4,706,100,000 $1,186,628,778
1985 $4,328,300,000 $1,009,723,326
1984 $4,029,900,000 $1,074,373,230
1983 $3,840,550,000 $1,165,171,263
1982 $3,619,500,000 $1,108,776,653
1981 $3,501,800,000 $1,105,494,682
1980 $3,184,400,000 $1,047,925,106
1979 $2,778,900,000 $951,900,945
1978 $2,393,650,000 $804,629,877
1977 $1,900,700,000 $799,030,017
1976 $1,589,300,000 $775,045,517
1975 $1,330,050,000 $703,377,837
1974 $1,243,000,000 $613,010,553
1973 $1,128,299,436 $493,237,876
1972 $1,030,645,362 $391,669,449
1971 $958,450,000 $335,568,907
1970 $904,400,000 $309,405,316
1969 $844,400,000 $295,062,308
1968 $815,450,000 $311,395,937
1967 $750,950,000 $282,615,310
1966 $692,150,000 $266,533,605
1965 $651,050,000 $255,340,475
1964 $591,100,000 $224,495,744
1963 $553,500,000 $168,186,297
1962 $532,450,000 $164,271,558
1961 $503,300,000 $159,213,430
1960 $475,650,000 -

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

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

GDP per capita in Honduras vs Mauritania by year

Honduras
GDP per capita

GDP per capita, PPP
Mauritania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Honduras Mauritania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,426 $7,486 $2,110 $7,369
2023 $3,227 $7,178 $2,136 $6,966
2022 $3,003 $6,805 $1,960 $6,485
2021 $2,735 $6,203 $1,948 $5,837
2020 $2,308 $5,385 $1,796 $5,741
2019 $2,502 $5,785 $1,767 $5,610
2018 $2,465 $5,633 $1,723 $5,429
2017 $2,413 $5,621 $1,615 $5,353
2016 $2,307 $5,186 $1,566 $4,683
2015 $2,271 $4,846 $1,555 $3,978
2014 $2,180 $4,460 $1,713 $3,865
2013 $2,081 $4,137 $1,934 $3,831
2012 $2,126 $4,016 $1,859 $3,465
2011 $2,074 $3,901 $1,931 $3,271
2010 $1,893 $3,758 $1,660 $3,178
2009 $1,781 $3,656 $1,435 $3,159
2008 $1,732 $3,806 $1,636 $3,236
2007 $1,578 $3,664 $1,405 $3,278
2006 $1,426 $3,438 $1,301 $3,342
2005 $1,305 $3,204 $999 $2,809
2004 $1,215 $3,001 $824 $2,570
2003 $1,156 $2,821 $732 $2,447
2002 $1,132 $2,715 $649 $2,296
2001 $1,132 $2,645 $652 $2,280
2000 $1,093 $2,587 $681 $2,304
1999 $999 $2,372 $781 $2,411
1998 $989 $2,152 $821 $2,355
1997 $917 $1,959 $859 $2,325
1996 $813 $1,617 $904 $2,436
1995 $814 $1,329 $905 $2,306
1994 $736 $1,074 $865 $2,114
1993 $773 $838 $850 $2,209
1992 $782 $741 $1,036 $2,122
1991 $722 $684 $1,062 $2,116
1990 $750 $540 $772 $2,070
1989 $904 - $762 -
1988 $1,039 - $762 -
1987 $1,098 - $746 -
1986 $1,058 - $677 -
1985 $1,001 - $593 -
1984 $960 - $650 -
1983 $942 - $725 -
1982 $914 - $710 -
1981 $912 - $729 -
1980 $854 - $711 -
1979 $769 - $664 -
1978 $683 - $578 -
1977 $559 - $590 -
1976 $482 - $589 -
1975 $417 - $551 -
1974 $401 - $494 -
1973 $375 - $410 -
1972 $353 - $335 -
1971 $338 - $296 -
1970 $329 - $281.3 -
1969 $316 - $276.6 -
1968 $314 - $301 -
1967 $298.2 - $281.5 -
1966 $282.9 - $273.6 -
1965 $273.9 - $270 -
1964 $255.9 - $244.3 -
1963 $246.6 - $188.2 -
1962 $244 - $189 -
1961 $237.3 - $188.2 -
1960 $230.7 - - -

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

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

Honduras' GDP per capita is $3,426, ranking 136/197, compared to $2,110 in Mauritania, ranking 156/197. Adjusted for purchasing power (GDP per capita PPP), Honduras ranks 146th at $7,486, while Mauritania ranks 147th at $7,369.

Economic indicators

Honduras Mauritania
Gross domestic product
$37.1B
2024
$10.9B
2024
GDP rank
104/197
2024
153/197
2024
GDP growth
3.55%
2023-2024
6.31%
2023-2024
GDP per capita
$3,426
2024
$2,110
2024
GDP per capita rank
136/197
2024
156/197
2024
GDP per capita, PPP
$7,486
2024
$7,369
2024
GDP per capita PPP rank
146/197
2024
147/197
2024
Government debt
$17.5B
2024
$4.67B
2024
Debt-to-GDP ratio
47.1%
2024
42.8%
2024
Government debt per person
$1,613
2024
$904
2024
Government debt per person rank
126/185
2024
145/185
2024
Average annual personal income after taxes
$4,901
2026
$2,078
2026
Income share by richest 10%
32.3%
2024
24.6%
2019
Income share by poorest 10%
1.2%
2024
3.1%
2019
Government expenditure, % of GDP
25.7%
2024
23.6%
2024
Consumer prices inflation
4.61%
2023-2024
2.49%
2023-2024
Central bank interest rate
5.75%
2024
n/a
Unemployment rate
4.91%
2024
10.4%
2019
Population
11237619
5505206

Spending and national debt comparison by year

Honduras
Spending

Debt
Mauritania
Spending

Debt
1x
Year % of GDP
Honduras Mauritania
Government spending Government debt Government spending Government debt
2024 25.7% 47.1% 23.6% 42.8%
2023 27.2% 47.9% 24.8% 47.1%
2022 24% 51% 28.7% 50.5%
2021 28.8% 50.3% 20.8% 54.5%
2020 28.4% 52.5% 18.5% 56.5%
2019 25.9% 44.1% 17.8% 57.7%
2018 26.2% 43.5% 19% 59.2%
2017 26.9% 43.6% 20.3% 55.7%
2016 27.4% 40.3% 20.8% 57.6%
2015 26% 42.3% 25.7% 59.9%
2014 26.4% 43% 23.9% 49.5%
2013 28% 42.1% 20.1% 40.7%
2012 26.4% 32.4% 21.5% 39.3%
2011 25.9% 31.5% 17% 38.8%
2010 26.5% 28.9% 17.3% 43.9%
2009 28.4% 23.8% 19.6% 54.3%
2008 26.4% 22.3% 19.8% 57.2%
2007 24.4% 24% 19.7% 61.5%
2006 24.4% 39.2% 19% 38%
2005 23.6% 55.6% 21.3% 71.1%
2004 25.5% 60.9% 23.9% 22%
2003 26.4% 67.8% - 22.9%
2002 26.8% 64.2% - 59.5%
2001 25.1% 63.4% - 63.5%
2000 22.1% 65.8% - 55.5%
1999 23.3% 75.8% - -
1998 19.4% 67.4% - -
1997 19.4% 70.8% - -
1996 18.7% 64.6% - -
1995 17.2% 65.4% - -
1994 19.2% 86.4% - -
1993 23.7% 108% - -
1992 20.5% 116.5% - -
1991 18.8% 122.2% - -
1990 16.4% 200.3% - -
1989 10.2% 68.4% - -
1988 16% 71.7% - -
1987 17.2% 73.6% - -
1986 19.8% 69.9% - -
1985 22.5% 65.7% - -
1984 22.4% 60.5% - -
1983 20.8% 57.6% - -
1982 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/honduras/mauritania | CC BY

In 2024, Honduras' government spending was $9.52B, accounting for 25.7% of its GDP, while Mauritania spent $2.57B, or 23.6% of GDP.

Debt-to-GDP ratio is 47.1% in Honduras and 42.8% in Mauritania, ranking 115/185 and 126/185, respectively.

Government deficit by year

Deficit/surplus
Honduras

Mauritania
1x
Year Deficit/surplus, % of GDP
Honduras Mauritania
2024 -1.12% -1.35%
2023 -1.96% -2.45%
2022 1.57% -3.09%
2021 -3.17% 2.6%
2020 -4.58% 2.78%
2019 0.09% 2.65%
2018 0.2% 3.23%
2017 -0.41% 0.53%
2016 -0.4% 0.13%
2015 -0.78% -2.44%
2014 -2.81% -2.64%
2013 -5.48% -0.66%
2012 -3.48% 1.67%
2011 -2.94% 0.07%
2010 -3.37% -0.45%
2009 -4.86% -3.59%
2008 -0.27% -3.32%
2007 -0.25% -1.38%
2006 -1.36% 2.05%
2005 -0.03% -3.16%
2004 -2.48% -3.06%
2003 -5.09% -
2002 -5.02% -
2001 -3.12% -
2000 1.51% -
1999 1.38% -
1998 2.89% -
1997 0.08% -
1996 0.13% -
1995 -0.24% -
1994 -0.98% -
1993 -5.03% -
1992 -1.41% -
1991 -1.95% -
1990 -1.82% -
1989 2.08% -
1988 -2.65% -
1987 -3.23% -
1986 -5.92% -
1985 -8.58% -
1984 -9.33% -
1983 -9.1% -
1982 -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/honduras/mauritania | CC BY

In 2024, Honduras' government deficit, the difference between spending and revenue, was $415M, equivalent to 1.12% of GDP. This compares to Mauritania's deficit of $148M, or 1.35% of GDP.

Over the past 21 years, Honduras recorded a fiscal deficit in 18 of those years, while Mauritania ran a deficit in 12 years. On average, Honduras posted an annual deficit equal to 1.8% of GDP, compared to deficit of 0.57% of GDP for Mauritania.

Inflation comparison by year

Inflation
Honduras

Mauritania
1x
Year Consumer prices inflation
Honduras Mauritania
2024 4.61% 2.49%
2023 6.66% 4.95%
2022 9.09% 9.53%
2021 4.48% 3.57%
2020 3.47% 2.39%
2019 4.37% 2.3%
2018 4.35% 3.07%
2017 3.93% 2.25%
2016 2.72% 1.47%
2015 3.16% 3.25%
2014 6.13% 3.53%
2013 5.16% 4.13%
2012 5.2% 4.9%
2011 6.76% 5.69%
2010 4.7% 6.28%
2009 5.5% 2.22%
2008 11.4% 7.35%
2007 6.94% 7.25%
2006 5.58% 6.24%
2005 8.81% 12.1%
2004 8.11% 10.4%
2003 7.67% 5.15%
2002 7.69% 3.9%
2001 9.67% 4.71%
2000 11% 3.25%
1999 11.7% 4.07%
1998 13.7% 8.03%
1997 20.2% 4.63%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Honduras has recorded an average annual inflation rate of 7.24%, compared with 4.97% in Mauritania. In 2024, inflation was 4.61% in Honduras and 2.49% in Mauritania.

Balance of trade

Honduras Mauritania
Current account balance
-$1.65B
2024
-$1.04B
2024
Current account balance ranking
137/190
2024
124/190
2024
Current account balance, % of GDP
-4.45%
2024
-9.53%
2024
Goods imports
$14.6B
2024
$4.32B
2024
Goods exports
$5.67B
2024
$3.83B
2024
Service imports
$3.67B
2024
$1.05B
2024
Service exports
$3.75B
2024
$230M
2024
Imports of goods and services, % of GDP
57.6%
2024
52.2%
2024
Exports of goods and services, % of GDP
33.5%
2024
41.4%
2024

Economic freedom indices

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

Honduras Mauritania
Economic freedom 59.1 53.9
Economic freedom ranking 105/197 136/197
Property rights 35.7 32.6
Government integrity 24.6 24.5
Judicial effectiveness 27.6 26.4
Tax burden 83.1 75.5
Government spending 80.3 80.2
Fiscal health 95.2 87.9
Business freedom 59.4 38.7
Labor freedom 37.9 53.6
Monetary freedom 70.1 77.8
Trade freedom 69.8 59.6
Investment freedom 65 50
Financial freedom 60 40

Economic freedom comparison by year

Honduras
Mauritania
1x
Year Economic freedom index
Honduras Mauritania
2026 59.1 53.9
2025 59.6 54.9
2024 58.6 55.3
2023 58.7 55.3
2022 59.5 55.3
2021 59.8 56.1
2020 61.1 55.3
2019 60.2 55.7
2018 60.6 54
2017 58.8 54.4
2016 57.7 54.8
2015 57.4 53.3
2014 57.1 53.2
2013 58.4 52.3
2012 58.8 53
2011 58.6 52.1
2010 58.3 52
2009 58.7 53.9
2008 58.9 55.2
2007 59.1 53.6
2006 57.4 55.7
2005 55.3 59.4
2004 55.3 61.8
2003 60.4 59
2002 58.7 52.5
2001 57 48.5
2000 57.6 46
1999 56.7 42.8
1998 56.2 43.7
1997 56 47
1996 56.6 45.5
1995 57 -

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

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

The Economic Freedom Index for Honduras is 59.1, ranking 105/197, compared to 53.9 for Mauritania, ranking 136/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Honduras Mauritania
Services, % of GDP
58.4%
2024
42.4%
2024
Industry, % of GDP
26.1%
2024
30.5%
2024
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
19.3%
2024
GNI, Atlas method
$32.7B
2024
$11B
2024
GNI per capita, PPP
$6,900
2024
$7,300
2024
Total reserves including gold
$8.04B
2024
$2.04B
2021
Total reserves ranking
84/177
2024
126/177
2021
Net foreign direct investment
-$620M
2024
-$1.44B
2024
Net inflows of foreign direct investment
$1.31B
2024
$1.44B
2024
Net outflows of foreign direct investment
$689M
2024
$3.9M
2024
Servicing debt to the IMF, % of GNI
5.23%
2024
3.82%
2024
Poverty at national poverty lines
62.9%
2024
31.8%
2019
Gross capital formation, % of GDP
22.5%
2024
43.1%
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/honduras/mauritania | 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.