Honduras vs Montenegro: Economic Indicators Comparison

Honduras with a GDP of $24B ranked the 112th largest economy in the world, while Montenegro ranked 153rd with $5.5B. By GDP 5-years average growth and GDP per capita, Honduras and Montenegro ranked 57th vs 67th and 141st vs 81st, respectively.

Gross Domestic Product & Income

StatHondurasMontenegro
GDP$24B$5.5B
GDP growth, 1 year3.7%4.5%
GDP growth, 5-years average3.9%3.5%
Population9.3M622k
GDP per capita$2.5k$8.8k
GDP per capita growth2.03%5.08%
Purchasing Power Parity conversion factor11.630.36
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.43
GDP per capita, PPP adjusted$5.2k$19k
GNI, Atlas method$22.5B$5.2B
GNI per capita$2.4k$8.4k
GNI, PPP adjusted$46B$13B
GNI per capita, PPP adjusted$4.8k$21k

Financial system and Human development

StatHondurasMontenegro
Income Tax Rate25%9%
Corporate Tax Rate25%9%
Inflation, consumer prices4.3%2.6%
Inflation, GDP deflator1.8%3.2%
Unemployment4.1%15.5%
Economic Freedom Index61.161.5
Personal Freedom Index6.958.12
Human Freedom Index7.137.67
Property Rights Index48.659.1
Judical Effectiveness Index34.255.3
Business Freedom Index56.770.8
Fiscal Health Index96.723.4
Labor Freedom Index31.574.8
Investment Freedom Index6575
Financial Freedom Index6050
Trade Freedom Index79.483.8
Monetary Freedom Index72.280.3
Government Spending Index78.232.1
Tax Burden Index82.385.4
Government Integrity Index28.647.5
Corruption Perceptions Index2945
Life expectancy at birth, years74.976.7
Suicide mortality rate, per 100,000 people2.910.3
Mortality caused by road traffic injury, per 100,000 people16.710.7
Intentional homicides, per 100,000 people41.72.4
International tourism, number of arrivals851k2.1M

Government debt & reserves

StatHondurasMontenegro
Central government debt, % of GDP40.3%72.1%
External debt stocks, % of GNI43.7%144.1%
External debt stocks$9.7B$8B
Short-term debt, % of total reserves14.7%17.2%
Total debt service, % of exports and primary income28.1%63.7%
Adjusted net savings including particulate emission damage, % of GNI19.5%N/A
Gross savings, % of GDP20.8%14.9%
Gross capital formation, % of GDP25.5%31.9%
Total reserves including gold$4.8B$1.2B
Foreign direct investment net inflows$1.4B$485.7M

Exports, imports and economic structure

StatHondurasMontenegro
Exports of goods and services, % of GDP41.8%42.9%
Imports of goods and services, % of GDP60.4%66.7%
Current account balance (balance of payments)-$1.3B-$943M
Revenue excluding grants, % of GDP23.4%N/A
Grants excluding technical cooperation, BoP$302.7M$57.7M
Personal remittances received$4.8B$588.9M
Industry including construction value added, % of GDP26.8%15.9%
Agriculture, forestry and fishing value added, % of GDP11.8%6.7%
Charges for the use of intellectual property, payments BoP$57.8M$6M
Charges for the use of intellectual property, receipts BoP$811k$432k
Expense, % of GDP22%N/A
Government Expenditure, % of GDP26.9%47.6%

Compare with countries close by GDP per capita

Honduras vs

CountryGDP
per capita
Population
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k

Montenegro vs

CountryGDP
per capita
Population
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M