Honduras vs Morocco: Economic Indicators Comparison

Morocco with a GDP of $117.9B ranked the 60th largest economy in the world, while Honduras ranked 112th with $24B. By GDP 5-years average growth and GDP per capita, Morocco and Honduras ranked 87th vs 57th and 130th vs 141st, respectively.

Gross Domestic Product & Income

StatHondurasMorocco
GDP$24B$117.9B
GDP growth, 1 year3.7%3.1%
GDP growth, 5-years average3.9%3.1%
Population9.3M36M
GDP per capita$2.5k$3.2k
GDP per capita growth2.03%1.65%
Purchasing Power Parity conversion factor11.633.51
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.37
GDP per capita, PPP adjusted$5.2k$8.9k
GNI, Atlas method$22.5B$112.9B
GNI per capita$2.4k$3.1k
GNI, PPP adjusted$46B$308.5B
GNI per capita, PPP adjusted$4.8k$8.4k

Financial system and Human development

StatHondurasMorocco
Income Tax Rate25%38%
Corporate Tax Rate25%30%
Inflation, consumer prices4.3%1.9%
Inflation, GDP deflator1.8%1.1%
Unemployment4.1%9%
Economic Freedom Index61.163.3
Personal Freedom Index6.956.11
Human Freedom Index7.136.24
Property Rights Index48.666.3
Judical Effectiveness Index34.248
Business Freedom Index56.770.4
Fiscal Health Index96.767.2
Labor Freedom Index31.533
Investment Freedom Index6565
Financial Freedom Index6070
Trade Freedom Index79.478.6
Monetary Freedom Index72.277
Government Spending Index78.272.8
Tax Burden Index82.371.8
Government Integrity Index28.639.2
Corruption Perceptions Index2943
Life expectancy at birth, years74.976.2
Suicide mortality rate, per 100,000 people2.92.9
Mortality caused by road traffic injury, per 100,000 people16.719.6
Intentional homicides, per 100,000 people41.72.1
International tourism, number of arrivals851k12.3M

Government debt & reserves

StatHondurasMorocco
Central government debt, % of GDP40.3%65.2%
External debt stocks, % of GNI43.7%42.2%
External debt stocks$9.7B$49B
Short-term debt, % of total reserves14.7%30.4%
Total debt service, % of exports and primary income28.1%8.8%
Adjusted net savings including particulate emission damage, % of GNI19.5%20.9%
Gross savings, % of GDP20.8%27.7%
Gross capital formation, % of GDP25.5%33.5%
Total reserves including gold$4.8B$24.5B
Foreign direct investment net inflows$1.4B$3.6B

Exports, imports and economic structure

StatHondurasMorocco
Exports of goods and services, % of GDP41.8%38.7%
Imports of goods and services, % of GDP60.4%49.3%
Current account balance (balance of payments)-$1.3B-$6.4B
Revenue excluding grants, % of GDP23.4%25.8%
Grants excluding technical cooperation, BoP$302.7M$473.5M
Personal remittances received$4.8B$6.9B
Industry including construction value added, % of GDP26.8%25.9%
Agriculture, forestry and fishing value added, % of GDP11.8%12.3%
Charges for the use of intellectual property, payments BoP$57.8M$166.9M
Charges for the use of intellectual property, receipts BoP$811k$5.1M
Expense, % of GDP22%24.7%
Government Expenditure, % of GDP26.9%30.1%

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
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
Zambia
$1.5k
17.1M

Morocco vs

CountryGDP
per capita
Population
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
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