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Economy of Honduras vs Pakistan compared: GDP & Debt

Updated on by Georank team

Honduras has a GDP of $37.1B compared to $372B for Pakistan, ranking 104/197 and 43/197 by economy size, respectively.

Honduras has $17.5B in government debt (47.1% of GDP), compared to $262B (70.4% of GDP) in Pakistan.

Honduras vs Pakistan GDP by year

Honduras
Pakistan
1x
Year GDP, current $
Honduras Pakistan
2024 $37,093,565,854 $371,570,000,121
2023 $34,355,805,528 $336,686,348,609
2022 $31,426,041,807 $374,890,295,667
2021 $28,144,331,507 $348,516,647,445
2020 $23,352,232,484 $300,425,609,818
2019 $24,882,225,742 $320,909,472,771
2018 $24,067,750,760 $356,128,166,705
2017 $23,136,247,991 $339,205,534,861
2016 $21,717,604,952 $313,630,000,130
2015 $20,979,791,685 $299,963,590,535
2014 $19,756,533,972 $271,390,474,858
2013 $18,499,729,215 $258,657,231,672
2012 $18,528,554,398 $250,106,966,105
2011 $17,710,275,685 $230,586,581,060
2010 $15,839,344,592 $196,709,621,850
2009 $14,587,496,229 $187,337,783,856
2008 $13,881,731,876 $202,203,748,584
2007 $12,361,257,681 $184,140,869,997
2006 $10,917,477,066 $161,871,385,506
2005 $9,757,012,697 $145,208,562,961
2004 $8,869,299,234 $132,216,048,339
2003 $8,230,391,347 $112,371,913,741
2002 $7,858,255,413 $97,923,302,809
2001 $7,651,162,302 $97,145,618,480
2000 $7,186,638,029 $99,484,802,345
1999 $6,394,090,592 $62,973,857,069
1998 $6,163,707,533 $62,191,955,814
1997 $5,569,178,707 $62,433,340,468
1996 $4,798,834,459 $63,320,170,084
1995 $4,672,346,194 $60,636,071,684
1994 $4,105,686,899 $52,293,470,813
1993 $4,190,773,622 $51,809,999,353
1992 $4,122,846,905 $48,884,671,947
1991 $3,699,381,195 $45,625,336,680
1990 $3,734,460,117 $40,010,423,970
1989 $4,375,896,552 $40,171,106,279
1988 $4,892,660,944 $38,472,742,808
1987 $5,024,800,000 $33,351,529,275
1986 $4,706,100,000 $31,899,070,056
1985 $4,328,300,000 $31,144,920,844
1984 $4,029,900,000 $31,151,825,467
1983 $3,840,550,000 $28,691,889,764
1982 $3,619,500,000 $30,725,971,564
1981 $3,501,800,000 $28,100,606,061
1980 $3,184,400,000 $23,654,444,444
1979 $2,778,900,000 $19,688,383,838
1978 $2,393,650,000 $17,811,515,152
1977 $1,900,700,000 $15,126,060,606
1976 $1,589,300,000 $13,168,080,808
1975 $1,330,050,000 $11,230,606,061
1974 $1,243,000,000 $8,899,191,919
1973 $1,128,299,436 $6,383,429,490
1972 $1,030,645,362 $9,415,016,360
1971 $958,450,000 $10,665,896,682
1970 $904,400,000 $10,027,509,450
1969 $844,400,000 $8,683,116,338
1968 $815,450,000 $8,041,999,160
1967 $750,950,000 $7,464,510,710
1966 $692,150,000 $6,561,108,778
1965 $651,050,000 $5,929,231,415
1964 $591,100,000 $5,204,955,901
1963 $553,500,000 $4,630,827,383
1962 $532,450,000 $4,310,163,797
1961 $503,300,000 $4,118,647,627
1960 $475,650,000 $3,749,265,015

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

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

GDP per capita in Honduras vs Pakistan by year

Honduras
GDP per capita

GDP per capita, PPP
Pakistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Honduras Pakistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,426 $7,486 $1,479 $6,252
2023 $3,227 $7,178 $1,360 $6,014
2022 $3,003 $6,805 $1,538 $5,920
2021 $2,735 $6,203 $1,455 $5,367
2020 $2,308 $5,385 $1,278 $5,048
2019 $2,502 $5,785 $1,390 $5,038
2018 $2,465 $5,633 $1,569 $4,979
2017 $2,413 $5,621 $1,519 $4,790
2016 $2,307 $5,186 $1,425 $4,631
2015 $2,271 $4,846 $1,380 $4,480
2014 $2,180 $4,460 $1,267 $4,313
2013 $2,081 $4,137 $1,225 $4,174
2012 $2,126 $4,016 $1,204 $4,047
2011 $2,074 $3,901 $1,132 $3,880
2010 $1,893 $3,758 $987 $3,786
2009 $1,781 $3,656 $964 $3,777
2008 $1,732 $3,806 $1,067 $3,721
2007 $1,578 $3,664 $998 $3,672
2006 $1,426 $3,438 $901 $3,515
2005 $1,305 $3,204 $828 $3,293
2004 $1,215 $3,001 $772 $3,048
2003 $1,156 $2,821 $672 $2,822
2002 $1,132 $2,715 $600 $2,688
2001 $1,132 $2,645 $610 $2,644
2000 $1,093 $2,587 $642 $2,565
1999 $999 $2,372 $418 $2,475
1998 $989 $2,152 $424 $2,419
1997 $917 $1,959 $438 $2,398
1996 $813 $1,617 $457 $2,401
1995 $814 $1,329 $451 $2,315
1994 $736 $1,074 $400 $2,224
1993 $773 $838 $408 $2,160
1992 $782 $741 $396 $2,132
1991 $722 $684 $380 $1,992
1990 $750 $540 $344 $1,895
1989 $904 - $358 -
1988 $1,039 - $354 -
1987 $1,098 - $317 -
1986 $1,058 - $314 -
1985 $1,001 - $317 -
1984 $960 - $327 -
1983 $942 - $311 -
1982 $914 - $345 -
1981 $912 - $328 -
1980 $854 - $287.4 -
1979 $769 - $249.2 -
1978 $683 - $233.4 -
1977 $559 - $204.7 -
1976 $482 - $183.9 -
1975 $417 - $161.7 -
1974 $401 - $132 -
1973 $375 - $97.5 -
1972 $353 - $148.1 -
1971 $338 - $172.5 -
1970 $329 - $166.7 -
1969 $316 - $148.5 -
1968 $314 - $141.6 -
1967 $298.2 - $135.2 -
1966 $282.9 - $122.2 -
1965 $273.9 - $113.6 -
1964 $255.9 - $102.5 -
1963 $246.6 - $93.7 -
1962 $244 - $89.5 -
1961 $237.3 - $87.8 -
1960 $230.7 - $82 -

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

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

Honduras' GDP per capita is $3,426, ranking 136/197, compared to $1,479 in Pakistan, ranking 163/197. Adjusted for purchasing power (GDP per capita PPP), Honduras ranks 146th at $7,486, while Pakistan ranks 150th at $6,252.

Economic indicators

Honduras Pakistan
Gross domestic product
$37.1B
2024
$372B
2024
GDP rank
104/197
2024
43/197
2024
GDP growth
3.55%
2023-2024
3.05%
2023-2024
GDP per capita
$3,426
2024
$1,479
2024
GDP per capita rank
136/197
2024
163/197
2024
GDP per capita, PPP
$7,486
2024
$6,252
2024
GDP per capita PPP rank
146/197
2024
150/197
2024
Government debt
$17.5B
2024
$262B
2024
Debt-to-GDP ratio
47.1%
2024
70.4%
2024
Government debt per person
$1,613
2024
$1,041
2024
Government debt per person rank
126/185
2024
140/185
2024
Average annual personal income after taxes
$4,901
2026
$1,668
2026
Market capitalization of domestic companies n/a
$52.1B
2024
Income share by richest 10%
32.3%
2024
25.5%
2018
Income share by poorest 10%
1.2%
2024
4.2%
2018
Government expenditure, % of GDP
25.7%
2024
19.5%
2024
Consumer prices inflation
4.61%
2023-2024
12.6%
2023-2024
Central bank interest rate
5.75%
2024
10.5%
2025
Unemployment rate
4.91%
2024
6.96%
2025
Population
11237619
260356147

Spending and national debt comparison by year

Honduras
Spending

Debt
Pakistan
Spending

Debt
1x
Year % of GDP
Honduras Pakistan
Government spending Government debt Government spending Government debt
2024 25.7% 47.1% 19.5% 70.4%
2023 27.2% 47.9% 19.3% 78.5%
2022 24% 51% 20% 77.3%
2021 28.8% 50.3% 18.5% 74.7%
2020 28.4% 52.5% 20.3% 80.8%
2019 25.9% 44.1% 19.1% 78.7%
2018 26.2% 43.5% 19.1% 66.3%
2017 26.9% 43.6% 19.1% 62.1%
2016 27.4% 40.3% 17.7% 62.1%
2015 26% 42.3% 17.8% 59.1%
2014 26.4% 43% 18.1% 58.8%
2013 28% 42.1% 19.5% 59.2%
2012 26.4% 32.4% 19.4% 58.4%
2011 25.9% 31.5% 17.9% 56.2%
2010 26.5% 28.9% 18.3% 56.7%
2009 28.4% 23.8% 17.3% 54.6%
2008 26.4% 22.3% 18% 49.5%
2007 24.4% 24% 16.1% 44.2%
2006 24.4% 39.2% 14.5% 46.2%
2005 23.6% 55.6% 13% 47.9%
2004 25.5% 60.9% 12.1% 50.6%
2003 26.4% 67.8% 12.9% 56.3%
2002 26.8% 64.2% 14.4% 60.5%
2001 25.1% 63.4% 12.9% 65.1%
2000 22.1% 65.8% 13.8% 61.7%
1999 23.3% 75.8% 13.2% 60.7%
1998 19.4% 67.4% 14.1% 53.8%
1997 19.4% 70.8% 13.7% 52.8%
1996 18.7% 64.6% 15% 52.5%
1995 17.2% 65.4% 14% 52.3%
1994 19.2% 86.4% 14.5% 58.5%
1993 23.7% 108% 17% 57.9%
1992 20.5% 116.5% 22.6% 53.3%
1991 18.8% 122.2% 21.4% 55.8%
1990 16.4% 200.3% 23.9% 48.3%
1989 10.2% 68.4% 26.1% 46.6%
1988 16% 71.7% 27.9% 45%
1987 17.2% 73.6% 29.5% 44.4%
1986 19.8% 69.9% 27.6% 43.1%
1985 22.5% 65.7% 28.3% 37%
1984 22.4% 60.5% 25.4% 33.4%
1983 20.8% 57.6% 24.8% 33.6%
1982 18.7% 54.3% 24.5% 33.8%
1981 15.3% 48.1% 21.6% 29.7%
1980 16.2% 41% 22% 33.3%
1979 14.4% 36.1% 25.3% 36.8%
1978 13.1% 32.8% 25.5% 36.1%
1977 14.6% 28.2% 20.4% 36.4%
1976 11.5% 26.5% 21% 35.8%
1975 11.9% 24% 20.4% 32.1%
1974 11.7% 18.5% 15.3% 38%
1973 11.1% 16.6% 13.9% 43.4%
1972 12.6% 16.8% 13.5% 88.7%
1971 15.2% 19.8% 22.1% 33.2%
1970 15.2% 17.2% 23.6% 31.6%
1969 13.6% 13% 15.6% 29.1%
1968 11.6% 9.75% 13.7% 27.5%
1967 11.4% 9.72% 12.9% 25.9%
1966 11.4% 9.47% 12.2% 25.1%
1965 10.6% 8.97% 11.2% 22.7%
1964 11.4% 9.78% 12.1% 21.3%
1963 10.1% 9.02% 14.7% 19.2%
1962 10.5% 8.54% 11.8% 16.6%
1961 11.2% 8.22% 10.6% 19.6%
1960 12.2% 8.97% 10% 19.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1993, retrieved 2026-02-20).

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

In 2024, Honduras' government spending was $9.52B, accounting for 25.7% of its GDP, while Pakistan spent $72.4B, or 19.5% of GDP.

Debt-to-GDP ratio is 47.1% in Honduras and 70.4% in Pakistan, ranking 115/185 and 56/185, respectively.

Government deficit by year

Deficit/surplus
Honduras

Pakistan
1x
Year Deficit/surplus, % of GDP
Honduras Pakistan
2024 -1.12% -6.81%
2023 -1.96% -7.76%
2022 1.57% -7.84%
2021 -3.17% -6.04%
2020 -4.58% -7.03%
2019 0.09% -7.79%
2018 0.2% -5.67%
2017 -0.41% -5.17%
2016 -0.4% -3.92%
2015 -0.78% -4.74%
2014 -2.81% -4.37%
2013 -5.48% -7.48%
2012 -3.48% -7.74%
2011 -2.94% -6.23%
2010 -3.37% -5.42%
2009 -4.86% -4.53%
2008 -0.27% -5.94%
2007 -0.25% -4.23%
2006 -1.36% -2.79%
2005 -0.03% -2.29%
2004 -2.48% -1.29%
2003 -5.09% -0.12%
2002 -5.02% -2.64%
2001 -3.12% -2.45%
2000 1.51% -3.21%
1999 1.38% -3.07%
1998 2.89% -4.46%
1997 0.08% -3.87%
1996 0.13% -4.33%
1995 -0.24% -3.9%
1994 -0.98% -3.63%
1993 -5.03% -5.53%
1992 -1.41% -11.3%
1991 -1.95% -10.8%
1990 -1.82% -11.9%
1989 2.08% -7.01%
1988 -2.65% -9.35%
1987 -3.23% -11.7%
1986 -5.92% -9.79%
1985 -8.58% -10.6%
1984 -9.33% -8.9%
1983 -9.1% -7.55%
1982 -6.17% -8.24%
1981 -2.5% -5.83%
1980 -2.52% -5.32%
1979 -1.55% -11.6%
1978 -0.68% -12.4%
1977 -2.55% -8.74%
1976 -0.93% -9.05%
1975 -1.78% -8.97%
1974 -0.27% -4.45%
1973 -0.71% -3.99%
1972 -2.37% -3.16%
1971 -3.51% -7.45%
1970 -3.24% -10.8%
1969 -2.16% -7.08%
1968 -0.38% -5.56%
1967 -0.73% -4.27%
1966 -0.45% -4.48%
1965 0.19% -3.28%
1964 -1.77% -4.89%
1963 -0.39% -6.55%
1962 -0.71% -3.39%
1961 -1.05% -4.6%
1960 -1.22% -3.83%
1959 -1.31% -3.71%
1958 -1.16% -4.2%
1957 -1.01% -2.21%
1956 -1.81% -2.36%
1955 -0.42% -2%
1954 -2.91% -3.18%
1953 -2.96% -2.66%
1952 -3.21% -0.73%
1951 -1.04% 0.63%
1950 -0.44% -1.24%
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 (1927–1992, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Honduras' government deficit, the difference between spending and revenue, was $415M, equivalent to 1.12% of GDP. This compares to Pakistan's deficit of $25.3B, or 6.81% of GDP.

Over the past 65 years, Honduras recorded a fiscal deficit in 55 of those years, while Pakistan ran a deficit in 65 years. On average, Honduras posted an annual deficit equal to 2.01% of GDP, compared to deficit of 6.14% of GDP for Pakistan.

Inflation comparison by year

Inflation
Honduras

Pakistan
1x
Year Consumer prices inflation
Honduras Pakistan
2024 4.61% 12.6%
2023 6.66% 30.8%
2022 9.09% 19.9%
2021 4.48% 9.5%
2020 3.47% 9.74%
2019 4.37% 10.6%
2018 4.35% 5.08%
2017 3.93% 4.09%
2016 2.72% 3.77%
2015 3.16% 2.53%
2014 6.13% 7.19%
2013 5.16% 7.69%
2012 5.2% 9.68%
2011 6.76% 11.9%
2010 4.7% 12.9%
2009 5.5% 13.6%
2008 11.4% 20.3%
2007 6.94% 7.6%
2006 5.58% 7.92%
2005 8.81% 9.06%
2004 8.11% 7.44%
2003 7.67% 2.91%
2002 7.69% 3.29%
2001 9.67% 3.15%
2000 11% 4.37%
1999 11.7% 4.14%
1998 13.7% 6.23%
1997 20.2% 11.4%

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

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

Over the past 28 years, Honduras has recorded an average annual inflation rate of 7.24%, compared with 9.26% in Pakistan. In 2024, inflation was 4.61% in Honduras and 12.6% in Pakistan.

Top exports between countries

Honduras
Export category Export value
Metals $1.6M
Machinery & equipment $49K
Chemicals & pharma $6K
Wood & paper products $5K
Processed food, beverages & tobacco $3K
Textiles & consumer goods $1K
Pakistan
Export category Export value
Textiles & consumer goods $4.81M
Chemicals & pharma $638K
Machinery & equipment $243K
Wood & paper products $208K
Raw materials & minerals $168K
Processed food, beverages & tobacco $111K
Animal & marine products $26K
Metals $8K

Balance of trade

Honduras Pakistan
Current account balance
-$1.65B
2024
$496M
2024
Current account balance ranking
137/190
2024
63/190
2024
Current account balance, % of GDP
-4.45%
2024
+0.13%
2024
Goods imports
$14.6B
2024
$55.6B
2024
Goods exports
$5.67B
2024
$32.1B
2024
Service imports
$3.67B
2024
$11.2B
2024
Service exports
$3.75B
2024
$8.1B
2024
Imports of goods and services, % of GDP
57.6%
2024
17.2%
2024
Exports of goods and services, % of GDP
33.5%
2024
10.4%
2024

Economic freedom indices

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

Honduras Pakistan
Economic freedom 59.1 48.9
Economic freedom ranking 105/197 168/197
Property rights 35.7 25.7
Government integrity 24.6 26.3
Judicial effectiveness 27.6 27.6
Tax burden 83.1 78.2
Government spending 80.3 88.5
Fiscal health 95.2 10.1
Business freedom 59.4 54.4
Labor freedom 37.9 51.7
Monetary freedom 70.1 54.1
Trade freedom 69.8 70.4
Investment freedom 65 60
Financial freedom 60 40

Economic freedom comparison by year

Honduras
Pakistan
1x
Year Economic freedom index
Honduras Pakistan
2026 59.1 48.9
2025 59.6 49.1
2024 58.6 49.5
2023 58.7 49.4
2022 59.5 48.8
2021 59.8 51.7
2020 61.1 54.8
2019 60.2 55
2018 60.6 54.4
2017 58.8 52.8
2016 57.7 55.9
2015 57.4 55.6
2014 57.1 55.2
2013 58.4 55.1
2012 58.8 54.7
2011 58.6 55.1
2010 58.3 55.2
2009 58.7 57
2008 58.9 55.6
2007 59.1 57.2
2006 57.4 57.9
2005 55.3 53.3
2004 55.3 54.9
2003 60.4 55
2002 58.7 55.8
2001 57 56
2000 57.6 56.4
1999 56.7 53
1998 56.2 53.2
1997 56 56
1996 56.6 58.4
1995 57 57.6

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

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

The Economic Freedom Index for Honduras is 59.1, ranking 105/197, compared to 48.9 for Pakistan, ranking 168/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Honduras Pakistan
Services, % of GDP
58.4%
2024
50.7%
2024
Industry, % of GDP
26.1%
2024
20.2%
2024
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
23.7%
2024
GNI, Atlas method
$32.7B
2024
$358B
2024
GNI per capita, PPP
$6,900
2024
$6,100
2024
Total reserves including gold
$8.04B
2024
$18.4B
2024
Total reserves ranking
84/177
2024
63/177
2024
Net foreign direct investment
-$620M
2024
-$2.58B
2024
Net inflows of foreign direct investment
$1.31B
2024
$2.66B
2024
Net outflows of foreign direct investment
$689M
2024
$84M
2024
Servicing debt to the IMF, % of GNI
5.23%
2024
4.5%
2024
Poverty at national poverty lines
62.9%
2024
21.9%
2018
Gross capital formation, % of GDP
22.5%
2024
13.2%
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/pakistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1927–1993, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, 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. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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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.