Skip to content

Economy of Honduras vs Myanmar compared: GDP & Debt

Updated on by Georank team

Honduras has a GDP of $37.1B compared to $74.1B for Myanmar, ranking 104/197 and 85/197 by economy size, respectively.

Honduras has $17.5B in government debt (47.1% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

Honduras vs Myanmar GDP by year

Honduras
Myanmar
1x
Year GDP, current $
Honduras Myanmar
2024 $37,093,565,854 $74,068,349,524
2023 $34,355,805,528 $66,757,619,000
2022 $31,426,041,807 $62,253,049,903
2021 $28,144,331,507 $66,345,291,149
2020 $23,352,232,484 $79,006,113,670
2019 $24,882,225,742 $75,065,106,243
2018 $24,067,750,760 $67,860,515,993
2017 $23,136,247,991 $66,053,040,475
2016 $21,717,604,952 $63,298,361,984
2015 $20,979,791,685 $59,607,290,408
2014 $19,756,533,972 $65,531,374,210
2013 $18,499,729,215 $60,269,732,855
2012 $18,528,554,398 $59,937,796,648
2011 $17,710,275,685 $59,977,326,086
2010 $15,839,344,592 $49,540,813,342
2009 $14,587,496,229 $36,906,181,381
2008 $13,881,731,876 $31,862,554,102
2007 $12,361,257,681 $20,182,477,481
2006 $10,917,477,066 $14,502,553,710
2005 $9,757,012,697 $11,986,972,419
2004 $8,869,299,234 $10,567,354,056
2003 $8,230,391,347 $10,467,109,978
2002 $7,858,255,413 $6,777,632,512
2001 $7,651,162,302 $6,477,790,688
2000 $7,186,638,029 $8,905,066,164
1999 $6,394,090,592 $8,486,832,801
1998 $6,163,707,533 $6,459,461,639
1997 $5,569,178,707 $4,722,288,496
1996 $4,798,834,459 $6,123,556,717
1995 $4,672,346,194 $5,289,174,943
1994 $4,105,686,899 $4,432,257,174
1993 $4,190,773,622 $3,163,020,035
1992 $4,122,846,905 $2,411,552,289
1991 $3,699,381,195 $2,069,832,687
1990 $3,734,460,117 $2,115,193,513
1989 $4,375,896,552 $2,013,448,229
1988 $4,892,660,944 $1,541,088,312
1987 $5,024,800,000 $1,562,448,077
1986 $4,706,100,000 $1,582,873,750
1985 $4,328,300,000 $1,478,908,173
1984 $4,029,900,000 $1,304,063,253
1983 $3,840,550,000 $1,381,573,615
1982 $3,619,500,000 $1,481,165,468
1981 $3,501,800,000 $1,111,000,765
1980 $3,184,400,000 $1,038,225,167
1979 $2,778,900,000 $952,265,043
1978 $2,393,650,000 $935,408,775
1977 $1,900,700,000 $873,579,932
1976 $1,589,300,000 $1,204,699,849
1975 $1,330,050,000 $1,061,107,354
1974 $1,243,000,000 $1,225,589,878
1973 $1,128,299,436 $719,754,655
1972 $1,030,645,362 $662,213,083
1971 $958,450,000 $587,448,405
1970 $904,400,000 $563,555,631
1969 $844,400,000 $571,854,215
1968 $815,450,000 $559,956,130
1967 $750,950,000 $420,359,036
1966 $692,150,000 $293,103,479
1965 $651,050,000 $367,053,117
1964 $591,100,000 $411,419,906
1963 $553,500,000 $598,998,419
1962 $532,450,000 $634,528,872
1961 $503,300,000 $605,581,577
1960 $475,650,000 $545,098,448

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

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

GDP per capita in Honduras vs Myanmar by year

Honduras
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Honduras Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,426 $7,486 $1,359 $5,997
2023 $3,227 $7,178 $1,233 $5,953
2022 $3,003 $6,805 $1,158 $5,732
2021 $2,735 $6,203 $1,243 $5,178
2020 $2,308 $5,385 $1,490 $5,741
2019 $2,502 $5,785 $1,426 $6,101
2018 $2,465 $5,633 $1,298 $5,581
2017 $2,413 $5,621 $1,273 $4,706
2016 $2,307 $5,186 $1,229 $4,460
2015 $2,271 $4,846 $1,167 $4,459
2014 $2,180 $4,460 $1,293 $4,376
2013 $2,081 $4,137 $1,199 $4,144
2012 $2,126 $4,016 $1,203 $3,845
2011 $2,074 $3,901 $1,214 $3,579
2010 $1,893 $3,758 $1,011 $3,348
2009 $1,781 $3,656 $758 $3,040
2008 $1,732 $3,806 $658 $2,748
2007 $1,578 $3,664 $419 $2,459
2006 $1,426 $3,438 $303 $2,153
2005 $1,305 $3,204 $252.7 $1,860
2004 $1,215 $3,001 $224.5 $1,601
2003 $1,156 $2,821 $224.3 $1,385
2002 $1,132 $2,715 $146.6 $1,204
2001 $1,132 $2,645 $141.5 $1,069
2000 $1,093 $2,587 $196.6 $949
1999 $999 $2,372 $189.5 $825
1998 $989 $2,152 $146 $742
1997 $917 $1,959 $108 $702
1996 $813 $1,617 $141.9 $661
1995 $814 $1,329 $124.1 $618
1994 $736 $1,074 $105.4 $573
1993 $773 $838 $76.2 $529
1992 $782 $741 $58.9 $494
1991 $722 $684 $51.2 $447
1990 $750 $540 $53.1 $441
1989 $904 - $51.3 -
1988 $1,039 - $39.9 -
1987 $1,098 - $41.1 -
1986 $1,058 - $42.4 -
1985 $1,001 - $40.4 -
1984 $960 - $36.3 -
1983 $942 - $39.3 -
1982 $914 - $43 -
1981 $912 - $32.8 -
1980 $854 - $31.2 -
1979 $769 - $29.2 -
1978 $683 - $29.3 -
1977 $559 - $27.9 -
1976 $482 - $39.2 -
1975 $417 - $35.2 -
1974 $401 - $41.4 -
1973 $375 - $24.8 -
1972 $353 - $23.3 -
1971 $338 - $21.1 -
1970 $329 - $20.7 -
1969 $316 - $21.5 -
1968 $314 - $21.5 -
1967 $298.2 - $16.5 -
1966 $282.9 - $11.8 -
1965 $273.9 - $15.1 -
1964 $255.9 - $17.3 -
1963 $246.6 - $25.8 -
1962 $244 - $27.9 -
1961 $237.3 - $27.3 -
1960 $230.7 - $25.1 -

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

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

Honduras' GDP per capita is $3,426, ranking 136/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), Honduras ranks 146th at $7,486, while Myanmar ranks 153rd at $5,997.

Economic indicators

Honduras Myanmar
Gross domestic product
$37.1B
2024
$74.1B
2024
GDP rank
104/197
2024
85/197
2024
GDP growth
3.55%
2023-2024
-0.97%
2023-2024
GDP per capita
$3,426
2024
$1,359
2024
GDP per capita rank
136/197
2024
165/197
2024
GDP per capita, PPP
$7,486
2024
$5,997
2024
GDP per capita PPP rank
146/197
2024
153/197
2024
Government debt
$17.5B
2024
$44B
2024
Debt-to-GDP ratio
47.1%
2024
59.3%
2024
Government debt per person
$1,613
2024
$806
2024
Government debt per person rank
126/185
2024
150/185
2024
Average annual personal income after taxes
$4,901
2026
$1,646
2026
Income share by richest 10%
32.3%
2024
25.5%
2017
Income share by poorest 10%
1.2%
2024
3.8%
2017
Government expenditure, % of GDP
25.7%
2024
20.7%
2024
Consumer prices inflation
4.61%
2023-2024
8.83%
2018-2019
Central bank interest rate
5.75%
2024
n/a
Unemployment rate
4.91%
2024
1.48%
2020
Population
11237619
55292116

Spending and national debt comparison by year

Honduras
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Honduras Myanmar
Government spending Government debt Government spending Government debt
2024 25.7% 47.1% 20.7% 59.3%
2023 27.2% 47.9% 21.4% 59.1%
2022 24% 51% 21.3% 56.1%
2021 28.8% 50.3% 20.9% 63.4%
2020 28.4% 52.5% 21.3% 49.1%
2019 25.9% 44.1% 20.5% 37.6%
2018 26.2% 43.5% 18.7% 39.9%
2017 26.9% 43.6% 19.7% 41.9%
2016 27.4% 40.3% 21.3% 35.7%
2015 26% 42.3% 23.7% 36.6%
2014 26.4% 43% 24.7% 34.5%
2013 28% 42.1% 23.9% 44.8%
2012 26.4% 32.4% 20% 48%
2011 25.9% 31.5% 15.6% 49.9%
2010 26.5% 28.9% 15.8% 54.4%
2009 28.4% 23.8% 14.4% 56.4%
2008 26.4% 22.3% 14.4% 59.8%
2007 24.4% 24% 15.7% 77.4%
2006 24.4% 39.2% 15.6% 103.1%
2005 23.6% 55.6% 14.6% 119%
2004 25.5% 60.9% 14.6% 126.6%
2003 26.4% 67.8% 14.3% 146%
2002 26.8% 64.2% 15.3% 190.6%
2001 25.1% 63.4% 19.1% 262%
2000 22.1% 65.8% 21.4% 164.5%
1999 23.3% 75.8% 22.8% 150.7%
1998 19.4% 67.4% 25.2% 208.6%
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/myanmar | CC BY

In 2024, Honduras' government spending was $9.52B, accounting for 25.7% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 47.1% in Honduras and 59.3% in Myanmar, ranking 115/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Honduras

Myanmar
1x
Year Deficit/surplus, % of GDP
Honduras Myanmar
2024 -1.12% -5.06%
2023 -1.96% -5.18%
2022 1.57% -2.82%
2021 -3.17% -2.47%
2020 -4.58% -6.5%
2019 0.09% -4.7%
2018 0.2% -2.77%
2017 -0.41% -3.42%
2016 -0.4% -2.53%
2015 -0.78% -4.33%
2014 -2.81% -1.06%
2013 -5.48% -1.53%
2012 -3.48% -2.7%
2011 -2.94% -4.82%
2010 -3.37% -5.4%
2009 -4.86% -3.55%
2008 -0.27% -2.73%
2007 -0.25% -3.52%
2006 -1.36% -3.42%
2005 -0.03% -3.49%
2004 -2.48% -4.62%
2003 -5.09% -4.24%
2002 -5.02% -4.01%
2001 -3.12% -6.34%
2000 1.51% -6.03%
1999 1.38% -4.46%
1998 2.89% -4.89%
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/myanmar | CC BY

In 2024, Honduras' government deficit, the difference between spending and revenue, was $415M, equivalent to 1.12% of GDP. This compares to Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 27 years, Honduras recorded a fiscal deficit in 21 of those years, while Myanmar ran a deficit in 27 years. On average, Honduras posted an annual deficit equal to 1.68% of GDP, compared to deficit of 3.95% of GDP for Myanmar.

Inflation comparison by year

Inflation
Honduras

Myanmar
1x
Year Consumer prices inflation
Honduras Myanmar
2024 4.61% -
2023 6.66% -
2022 9.09% -
2021 4.48% -
2020 3.47% -
2019 4.37% 8.83%
2018 4.35% 6.87%
2017 3.93% 4.57%
2016 2.72% 6.93%
2015 3.16% 9.45%
2014 6.13% 4.95%
2013 5.16% 5.64%
2012 5.2% 1.47%
2011 6.76% 5.02%
2010 4.7% 7.72%
2009 5.5% 1.47%
2008 11.4% 26.8%
2007 6.94% 35%
2006 5.58% 20%
2005 8.81% 9.37%
2004 8.11% 4.53%
2003 7.67% 36.6%
2002 7.69% 57.1%
2001 9.67% 21.1%
2000 11% -0.11%
1999 11.7% 18.4%
1998 13.7% 51.5%
1997 20.2% 29.7%

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

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

Over the past 23 years, Honduras has recorded an average annual inflation rate of 7.58%, compared with 16.2% in Myanmar. In 2019, inflation was 4.61% in Honduras and 8.83% in Myanmar.

Top exports between countries

Honduras
Export category Export value
Myanmar
Export category Export value
Textiles & consumer goods $76K

Balance of trade

Honduras Myanmar
Current account balance
-$1.65B
2024
$67.7M
2019
Current account balance ranking
137/190
2024
71/190
2019
Current account balance, % of GDP
-4.45%
2024
+0.09%
2019
Goods imports
$14.6B
2024
$13.7B
2019
Goods exports
$5.67B
2024
$10.8B
2019
Service imports
$3.67B
2024
$3.66B
2019
Service exports
$3.75B
2024
$6.68B
2019
Imports of goods and services, % of GDP
57.6%
2024
n/a
Exports of goods and services, % of GDP
33.5%
2024
24.3%
2025

Economic freedom indices

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

Honduras Myanmar
Economic freedom 59.1 44.5
Economic freedom ranking 105/197 180/197
Property rights 35.7 5.7
Government integrity 24.6 18.1
Judicial effectiveness 27.6 3.9
Tax burden 83.1 88.6
Government spending 80.3 86.6
Fiscal health 95.2 62.7
Business freedom 59.4 37.9
Labor freedom 37.9 53.2
Monetary freedom 70.1 57.5
Trade freedom 69.8 69.4
Investment freedom 65 30
Financial freedom 60 20

Economic freedom comparison by year

Honduras
Myanmar
1x
Year Economic freedom index
Honduras Myanmar
2026 59.1 44.5
2025 59.6 43.7
2024 58.6 42.2
2023 58.7 46.5
2022 59.5 49.6
2021 59.8 55.2
2020 61.1 54
2019 60.2 53.6
2018 60.6 53.9
2017 58.8 52.5
2016 57.7 48.7
2015 57.4 46.9
2014 57.1 46.5
2013 58.4 39.2
2012 58.8 38.7
2011 58.6 37.8
2010 58.3 36.7
2009 58.7 37.7
2008 58.9 39.5
2007 59.1 41
2006 57.4 40
2005 55.3 40.5
2004 55.3 43.6
2003 60.4 44.9
2002 58.7 45.5
2001 57 46.1
2000 57.6 47.9
1999 56.7 46.4
1998 56.2 45.7
1997 56 45.4
1996 56.6 45.1
1995 57 -

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

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

The Economic Freedom Index for Honduras is 59.1, ranking 105/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Honduras Myanmar
Services, % of GDP
58.4%
2024
41.4%
2024
Industry, % of GDP
26.1%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
20.8%
2024
GNI, Atlas method
$32.7B
2024
$65.9B
2024
GNI per capita, PPP
$6,900
2024
$5,890
2024
Total reserves including gold
$8.04B
2024
$9.34B
2023
Total reserves ranking
84/177
2024
81/177
2023
Net foreign direct investment
-$620M
2024
-$1.74B
2019
Net inflows of foreign direct investment
$1.31B
2024
$1.1B
2024
Net outflows of foreign direct investment
$689M
2024
$0
2024
Servicing debt to the IMF, % of GNI
5.23%
2024
1.31%
2024
Poverty at national poverty lines
62.9%
2024
24.8%
2017
Gross capital formation, % of GDP
22.5%
2024
n/a

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/myanmar | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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)
  8. TradeMap (2024, retrieved 2026-02-08)

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.