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Economy of Honduras vs Niger compared: GDP & Debt

Updated on by Georank team

Honduras has a GDP of $37.1B compared to $19.9B for Niger, ranking 104/197 and 130/197 by economy size, respectively.

Honduras has $17.5B in government debt (47.1% of GDP), compared to $9.39B (47.2% of GDP) in Niger.

Honduras vs Niger GDP by year

Honduras
Niger
1x
Year GDP, current $
Honduras Niger
2024 $37,093,565,854 $19,876,128,486
2023 $34,355,805,528 $16,698,786,978
2022 $31,426,041,807 $15,433,852,712
2021 $28,144,331,507 $14,915,002,436
2020 $23,352,232,484 $13,744,653,103
2019 $24,882,225,742 $12,889,555,561
2018 $24,067,750,760 $12,837,307,497
2017 $23,136,247,991 $11,185,104,252
2016 $21,717,604,952 $10,398,861,982
2015 $20,979,791,685 $9,683,867,926
2014 $19,756,533,972 $10,862,943,544
2013 $18,499,729,215 $10,224,897,438
2012 $18,528,554,398 $9,426,912,648
2011 $17,710,275,685 $8,772,950,778
2010 $15,839,344,592 $7,851,192,502
2009 $14,587,496,229 $7,352,131,310
2008 $13,881,731,876 $7,297,600,226
2007 $12,361,257,681 $5,731,485,052
2006 $10,917,477,066 $4,756,361,252
2005 $9,757,012,697 $4,383,315,965
2004 $8,869,299,234 $3,760,443,738
2003 $8,230,391,347 $3,394,084,732
2002 $7,858,255,413 $2,782,192,879
2001 $7,651,162,302 $2,448,714,704
2000 $7,186,638,029 $2,241,753,193
1999 $6,394,090,592 $2,537,789,821
1998 $6,163,707,533 $2,643,363,519
1997 $5,569,178,707 $2,290,318,910
1996 $4,798,834,459 $2,405,686,940
1995 $4,672,346,194 $2,302,537,562
1994 $4,105,686,899 $1,938,058,175
1993 $4,190,773,622 $3,052,673,849
1992 $4,122,846,905 $3,386,232,579
1991 $3,699,381,195 $3,285,796,875
1990 $3,734,460,117 $3,512,356,508
1989 $4,375,896,552 $2,179,567,114
1988 $4,892,660,944 $2,280,356,193
1987 $5,024,800,000 $2,233,006,105
1986 $4,706,100,000 $1,904,096,998
1985 $4,328,300,000 $1,440,581,652
1984 $4,029,900,000 $1,461,243,326
1983 $3,840,550,000 $1,803,099,561
1982 $3,619,500,000 $2,017,612,216
1981 $3,501,800,000 $2,170,893,414
1980 $3,184,400,000 $2,508,524,721
1979 $2,778,900,000 $2,109,277,666
1978 $2,393,650,000 $1,774,365,590
1977 $1,900,700,000 $1,291,458,041
1976 $1,589,300,000 $1,064,517,601
1975 $1,330,050,000 $1,048,690,933
1974 $1,243,000,000 $1,026,137,111
1973 $1,128,299,436 $946,385,105
1972 $1,030,645,362 $742,779,661
1971 $958,450,000 $693,573,704
1970 $904,400,000 $649,916,621
1969 $844,400,000 $625,867,985
1968 $815,450,000 $641,214,226
1967 $750,950,000 $665,586,872
1966 $692,150,000 $702,296,079
1965 $651,050,000 $673,383,511
1964 $591,100,000 $582,816,396
1963 $553,500,000 $586,294,879
1962 $532,450,000 $531,736,599
1961 $503,300,000 $485,785,231
1960 $475,650,000 $449,526,873

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

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

GDP per capita in Honduras vs Niger by year

Honduras
GDP per capita

GDP per capita, PPP
Niger
GDP per capita

GDP per capita, PPP
1x
Year Current $
Honduras Niger
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,426 $7,486 $735 $2,050
2023 $3,227 $7,178 $638 $1,875
2022 $3,003 $6,805 $610 $1,840
2021 $2,735 $6,203 $609 $1,586
2020 $2,308 $5,385 $580 $1,497
2019 $2,502 $5,785 $562 $1,419
2018 $2,465 $5,633 $579 $1,276
2017 $2,413 $5,621 $522 $1,208
2016 $2,307 $5,186 $503 $1,189
2015 $2,271 $4,846 $486 $1,172
2014 $2,180 $4,460 $565 $1,161
2013 $2,081 $4,137 $552 $1,138
2012 $2,126 $4,016 $529 $1,162
2011 $2,074 $3,901 $511 $1,064
2010 $1,893 $3,758 $474 $1,058
2009 $1,781 $3,656 $461 $999
2008 $1,732 $3,806 $475 $1,010
2007 $1,578 $3,664 $387 $955
2006 $1,426 $3,438 $333 $935
2005 $1,305 $3,204 $319 $888
2004 $1,215 $3,001 $283.5 $832
2003 $1,156 $2,821 $265.2 $837
2002 $1,132 $2,715 $225.3 $832
2001 $1,132 $2,645 $205.4 $809
2000 $1,093 $2,587 $194.8 $764
1999 $999 $2,372 $228.3 $783
1998 $989 $2,152 $246.1 $801
1997 $917 $1,959 $220.6 $745
1996 $813 $1,617 $239.5 $746
1995 $814 $1,329 $237 $757
1994 $736 $1,074 $206.2 $748
1993 $773 $838 $335 $742
1992 $782 $741 $384 $746
1991 $722 $684 $384 $738
1990 $750 $540 $424 $739
1989 $904 - $271.3 -
1988 $1,039 - $292.6 -
1987 $1,098 - $295.3 -
1986 $1,058 - $259.6 -
1985 $1,001 - $202.4 -
1984 $960 - $211.5 -
1983 $942 - $268.8 -
1982 $914 - $310 -
1981 $912 - $343 -
1980 $854 - $409 -
1979 $769 - $354 -
1978 $683 - $307 -
1977 $559 - $229.8 -
1976 $482 - $194.8 -
1975 $417 - $197.2 -
1974 $401 - $198.3 -
1973 $375 - $187.9 -
1972 $353 - $151.4 -
1971 $338 - $145.2 -
1970 $329 - $139.8 -
1969 $316 - $138.3 -
1968 $314 - $145.6 -
1967 $298.2 - $155.4 -
1966 $282.9 - $168.6 -
1965 $273.9 - $166.3 -
1964 $255.9 - $148.1 -
1963 $246.6 - $153.3 -
1962 $244 - $143.2 -
1961 $237.3 - $134.6 -
1960 $230.7 - $128.3 -

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

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

Honduras' GDP per capita is $3,426, ranking 136/197, compared to $735 in Niger, ranking 187/197. Adjusted for purchasing power (GDP per capita PPP), Honduras ranks 146th at $7,486, while Niger ranks 186th at $2,050.

Economic indicators

Honduras Niger
Gross domestic product
$37.1B
2024
$19.9B
2024
GDP rank
104/197
2024
130/197
2024
GDP growth
3.55%
2023-2024
10.3%
2023-2024
GDP per capita
$3,426
2024
$735
2024
GDP per capita rank
136/197
2024
187/197
2024
GDP per capita, PPP
$7,486
2024
$2,050
2024
GDP per capita PPP rank
146/197
2024
186/197
2024
Government debt
$17.5B
2024
$9.39B
2024
Debt-to-GDP ratio
47.1%
2024
47.2%
2024
Government debt per person
$1,613
2024
$347
2024
Government debt per person rank
126/185
2024
173/185
2024
Average annual personal income after taxes
$4,901
2026
$1,163
2026
Income share by richest 10%
32.3%
2024
27.8%
2021
Income share by poorest 10%
1.2%
2024
3.8%
2021
Government expenditure, % of GDP
25.7%
2024
13.4%
2024
Consumer prices inflation
4.61%
2023-2024
9.07%
2023-2024
Central bank interest rate
5.75%
2024
n/a
Unemployment rate
4.91%
2024
0.4%
2022
Population
11237619
29080898

Spending and national debt comparison by year

Honduras
Spending

Debt
Niger
Spending

Debt
1x
Year % of GDP
Honduras Niger
Government spending Government debt Government spending Government debt
2024 25.7% 47.1% 13.4% 47.2%
2023 27.2% 47.9% 15.8% 51.8%
2022 24% 51% 21.6% 50.6%
2021 28.8% 50.3% 24.3% 51.3%
2020 28.4% 52.5% 22.4% 45%
2019 25.9% 44.1% 21.6% 39.8%
2018 26.2% 43.5% 21.2% 37%
2017 26.9% 43.6% 19.5% 36.5%
2016 27.4% 40.3% 19.4% 32.8%
2015 26% 42.3% 24.2% 29.9%
2014 26.4% 43% 23.6% 22.1%
2013 28% 42.1% 20.4% 19.6%
2012 26.4% 32.4% 16.6% 18.1%
2011 25.9% 31.5% 15.3% 14.7%
2010 26.5% 28.9% 14.3% 15.1%
2009 28.4% 23.8% 17.7% 15.9%
2008 26.4% 22.3% 16.9% 14.2%
2007 24.4% 24% 17.4% 17.8%
2006 24.4% 39.2% 15.2% 18.3%
2005 23.6% 55.6% 15.6% 49.5%
2004 25.5% 60.9% 16.1% 55%
2003 26.4% 67.8% 14% 60.6%
2002 26.8% 64.2% 14.4% 69%
2001 25.1% 63.4% 13.7% 74%
2000 22.1% 65.8% 13.5% 82.1%
1999 23.3% 75.8% 15% 63.3%
1998 19.4% 67.4% 13.6% 61.3%
1997 19.4% 70.8% 12.9% 69.1%
1996 18.7% 64.6% 10.9% 63.5%
1995 17.2% 65.4% 12.5% 69.4%
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/niger | CC BY

In 2024, Honduras' government spending was $9.52B, accounting for 25.7% of its GDP, while Niger spent $2.67B, or 13.4% of GDP.

Debt-to-GDP ratio is 47.1% in Honduras and 47.2% in Niger, ranking 115/185 and 114/185, respectively.

Government deficit by year

Deficit/surplus
Honduras

Niger
1x
Year Deficit/surplus, % of GDP
Honduras Niger
2024 -1.12% -4.27%
2023 -1.96% -5.37%
2022 1.57% -6.77%
2021 -3.17% -6.1%
2020 -4.58% -4.82%
2019 0.09% -3.56%
2018 0.2% -3.01%
2017 -0.41% -4.12%
2016 -0.4% -4.46%
2015 -0.78% -6.75%
2014 -2.81% -6.12%
2013 -5.48% -1.93%
2012 -3.48% -0.83%
2011 -2.94% -2.19%
2010 -3.37% -0.99%
2009 -4.86% -3.93%
2008 -0.27% 1.11%
2007 -0.25% -0.75%
2006 -1.36% 31%
2005 -0.03% -1.53%
2004 -2.48% -2.76%
2003 -5.09% -2.17%
2002 -5.02% -2.21%
2001 -3.12% -2.59%
2000 1.51% -2.83%
1999 1.38% -4.27%
1998 2.89% -2.23%
1997 0.08% -2.39%
1996 0.13% -0.36%
1995 -0.24% -3.19%
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) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1989, retrieved 2026-02-20).

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

In 2024, Honduras' government deficit, the difference between spending and revenue, was $415M, equivalent to 1.12% of GDP. This compares to Niger's deficit of $848M, or 4.27% of GDP.

Over the past 30 years, Honduras recorded a fiscal deficit in 22 of those years, while Niger ran a deficit in 28 years. On average, Honduras posted an annual deficit equal to 1.51% of GDP, compared to deficit of 2.01% of GDP for Niger.

Inflation comparison by year

Inflation
Honduras

Niger
1x
Year Consumer prices inflation
Honduras Niger
2024 4.61% 9.07%
2023 6.66% 3.7%
2022 9.09% 4.23%
2021 4.48% 3.84%
2020 3.47% 2.9%
2019 4.37% -2.49%
2018 4.35% 2.97%
2017 3.93% 2.8%
2016 2.72% 1.65%
2015 3.16% -0.58%
2014 6.13% -0.93%
2013 5.16% 2.3%
2012 5.2% 0.46%
2011 6.76% 2.94%
2010 4.7% 0.8%
2009 5.5% 0.58%
2008 11.4% 11.3%
2007 6.94% 0.05%
2006 5.58% 0.04%
2005 8.81% 7.8%
2004 8.11% 0.26%
2003 7.67% -1.61%
2002 7.69% 2.63%
2001 9.67% 4.01%
2000 11% 2.9%
1999 11.7% -2.3%
1998 13.7% 4.55%
1997 20.2% 2.93%

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

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

Over the past 28 years, Honduras has recorded an average annual inflation rate of 7.24%, compared with 2.39% in Niger. In 2024, inflation was 4.61% in Honduras and 9.07% in Niger.

Balance of trade

Honduras Niger
Current account balance
-$1.65B
2024
-$2.33B
2023
Current account balance ranking
137/190
2024
146/190
2023
Current account balance, % of GDP
-4.45%
2024
-14%
2023
Goods imports
$14.6B
2024
$2.59B
2023
Goods exports
$5.67B
2024
$992M
2023
Service imports
$3.67B
2024
$1.22B
2023
Service exports
$3.75B
2024
$231M
2023
Imports of goods and services, % of GDP
57.6%
2024
22.7%
2024
Exports of goods and services, % of GDP
33.5%
2024
27.3%
2024

Economic freedom indices

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

Honduras Niger
Economic freedom 59.1 51
Economic freedom ranking 105/197 156/197
Property rights 35.7 16.6
Government integrity 24.6 33.9
Judicial effectiveness 27.6 28
Tax burden 83.1 78.2
Government spending 80.3 91.4
Fiscal health 95.2 47.6
Business freedom 59.4 32.4
Labor freedom 37.9 54.7
Monetary freedom 70.1 67.9
Trade freedom 69.8 65.8
Investment freedom 65 55
Financial freedom 60 40

Economic freedom comparison by year

Honduras
Niger
1x
Year Economic freedom index
Honduras Niger
2026 59.1 51
2025 59.6 51.5
2024 58.6 52.3
2023 58.7 53.7
2022 59.5 54.9
2021 59.8 57.3
2020 61.1 54.7
2019 60.2 51.6
2018 60.6 49.5
2017 58.8 50.8
2016 57.7 54.3
2015 57.4 54.6
2014 57.1 55.1
2013 58.4 53.9
2012 58.8 54.3
2011 58.6 54.3
2010 58.3 52.9
2009 58.7 53.8
2008 58.9 52.9
2007 59.1 53.2
2006 57.4 52.5
2005 55.3 54.1
2004 55.3 54.6
2003 60.4 54.2
2002 58.7 48.2
2001 57 48.9
2000 57.6 45.9
1999 56.7 48.6
1998 56.2 47.5
1997 56 46.6
1996 56.6 45.8
1995 57 -

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

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

The Economic Freedom Index for Honduras is 59.1, ranking 105/197, compared to 51 for Niger, ranking 156/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Honduras Niger
Services, % of GDP
58.4%
2024
45%
2024
Industry, % of GDP
26.1%
2024
17.6%
2024
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
34.5%
2024
GNI, Atlas method
$32.7B
2024
$18.3B
2024
GNI per capita, PPP
$6,900
2024
$2,030
2024
Total reserves including gold
$8.04B
2024
n/a
Total reserves ranking
84/177
2024
n/a
Net foreign direct investment
-$620M
2024
-$1.02B
2023
Net inflows of foreign direct investment
$1.31B
2024
$358M
2024
Net outflows of foreign direct investment
$689M
2024
$20.7M
2024
Servicing debt to the IMF, % of GNI
5.23%
2024
1.94%
2024
Poverty at national poverty lines
62.9%
2024
41.2%
2021
Gross capital formation, % of GDP
22.5%
2024
22.1%
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/niger | 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.