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Economy of Honduras vs Poland compared: GDP & Debt

Updated on by Georank team

Honduras has a GDP of $37.1B compared to $918B for Poland, ranking 104/197 and 21/197 by economy size, respectively.

Honduras has $17.5B in government debt (47.1% of GDP), compared to $507B (55.3% of GDP) in Poland.

Honduras vs Poland GDP by year

Honduras
Poland
1x
Year GDP, current $
Honduras Poland
2024 $37,093,565,854 $917,767,106,147
2023 $34,355,805,528 $812,451,193,396
2022 $31,426,041,807 $695,607,470,875
2021 $28,144,331,507 $689,170,230,665
2020 $23,352,232,484 $605,914,237,904
2019 $24,882,225,742 $602,683,770,145
2018 $24,067,750,760 $594,616,687,350
2017 $23,136,247,991 $528,356,676,667
2016 $21,717,604,952 $473,259,583,970
2015 $20,979,791,685 $480,054,118,583
2014 $19,756,533,972 $542,134,167,179
2013 $18,499,729,215 $518,179,836,405
2012 $18,528,554,398 $498,148,649,703
2011 $17,710,275,685 $527,848,543,023
2010 $15,839,344,592 $478,111,630,684
2009 $14,587,496,229 $440,891,472,247
2008 $13,881,731,876 $535,612,030,672
2007 $12,361,257,681 $429,715,132,138
2006 $10,917,477,066 $345,897,630,736
2005 $9,757,012,697 $306,999,913,151
2004 $8,869,299,234 $256,268,656,145
2003 $8,230,391,347 $218,561,225,998
2002 $7,858,255,413 $199,694,463,256
2001 $7,651,162,302 $191,823,200,371
2000 $7,186,638,029 $172,953,527,033
1999 $6,394,090,592 $170,704,452,715
1998 $6,163,707,533 $175,282,269,667
1997 $5,569,178,707 $159,893,964,917
1996 $4,798,834,459 $160,813,026,223
1995 $4,672,346,194 $142,838,527,115
1994 $4,105,686,899 $110,803,635,288
1993 $4,190,773,622 $96,043,157,273
1992 $4,122,846,905 $94,337,050,693
1991 $3,699,381,195 $85,500,935,935
1990 $3,734,460,117 $65,977,748,211
1989 $4,375,896,552 -
1988 $4,892,660,944 -
1987 $5,024,800,000 -
1986 $4,706,100,000 -
1985 $4,328,300,000 -
1984 $4,029,900,000 -
1983 $3,840,550,000 -
1982 $3,619,500,000 -
1981 $3,501,800,000 -
1980 $3,184,400,000 -
1979 $2,778,900,000 -
1978 $2,393,650,000 -
1977 $1,900,700,000 -
1976 $1,589,300,000 -
1975 $1,330,050,000 -
1974 $1,243,000,000 -
1973 $1,128,299,436 -
1972 $1,030,645,362 -
1971 $958,450,000 -
1970 $904,400,000 -
1969 $844,400,000 -
1968 $815,450,000 -
1967 $750,950,000 -
1966 $692,150,000 -
1965 $651,050,000 -
1964 $591,100,000 -
1963 $553,500,000 -
1962 $532,450,000 -
1961 $503,300,000 -
1960 $475,650,000 -

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

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

GDP per capita in Honduras vs Poland by year

Honduras
GDP per capita

GDP per capita, PPP
Poland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Honduras Poland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,426 $7,486 $25,104 $51,263
2023 $3,227 $7,178 $22,145 $48,473
2022 $3,003 $6,805 $18,891 $46,778
2021 $2,735 $6,203 $18,636 $41,060
2020 $2,308 $5,385 $16,151 $37,089
2019 $2,502 $5,785 $15,875 $35,882
2018 $2,465 $5,633 $15,658 $32,345
2017 $2,413 $5,621 $13,913 $30,170
2016 $2,307 $5,186 $12,464 $28,360
2015 $2,271 $4,846 $12,638 $26,988
2014 $2,180 $4,460 $14,262 $25,460
2013 $2,081 $4,137 $13,622 $24,434
2012 $2,126 $4,016 $13,087 $23,728
2011 $2,074 $3,901 $13,868 $22,809
2010 $1,893 $3,758 $12,568 $20,991
2009 $1,781 $3,656 $11,556 $19,300
2008 $1,732 $3,806 $14,049 $18,372
2007 $1,578 $3,664 $11,273 $16,833
2006 $1,426 $3,438 $9,069 $15,205
2005 $1,305 $3,204 $8,044 $13,936
2004 $1,215 $3,001 $6,712 $13,413
2003 $1,156 $2,821 $5,721 $12,329
2002 $1,132 $2,715 $5,223 $11,841
2001 $1,132 $2,645 $5,015 $11,175
2000 $1,093 $2,587 $4,521 $10,721
1999 $999 $2,372 $4,416 $10,081
1998 $989 $2,152 $4,534 $9,521
1997 $917 $1,959 $4,137 $8,967
1996 $813 $1,617 $4,164 $8,310
1995 $814 $1,329 $3,701 $7,715
1994 $736 $1,074 $2,875 $7,040
1993 $773 $838 $2,497 $6,560
1992 $782 $741 $2,459 $6,193
1991 $722 $684 $2,236 $5,925
1990 $750 $540 $1,731 $6,185
1989 $904 - - -
1988 $1,039 - - -
1987 $1,098 - - -
1986 $1,058 - - -
1985 $1,001 - - -
1984 $960 - - -
1983 $942 - - -
1982 $914 - - -
1981 $912 - - -
1980 $854 - - -
1979 $769 - - -
1978 $683 - - -
1977 $559 - - -
1976 $482 - - -
1975 $417 - - -
1974 $401 - - -
1973 $375 - - -
1972 $353 - - -
1971 $338 - - -
1970 $329 - - -
1969 $316 - - -
1968 $314 - - -
1967 $298.2 - - -
1966 $282.9 - - -
1965 $273.9 - - -
1964 $255.9 - - -
1963 $246.6 - - -
1962 $244 - - -
1961 $237.3 - - -
1960 $230.7 - - -

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

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

Honduras' GDP per capita is $3,426, ranking 136/197, compared to $25,104 in Poland, ranking 48/197. Adjusted for purchasing power (GDP per capita PPP), Honduras ranks 146th at $7,486, while Poland ranks 43rd at $51,263.

Economic indicators

Honduras Poland
Gross domestic product
$37.1B
2024
$918B
2024
GDP rank
104/197
2024
21/197
2024
GDP growth
3.55%
2023-2024
3.03%
2023-2024
GDP per capita
$3,426
2024
$25,104
2024
GDP per capita rank
136/197
2024
48/197
2024
GDP per capita, PPP
$7,486
2024
$51,263
2024
GDP per capita PPP rank
146/197
2024
43/197
2024
Government debt
$17.5B
2024
$507B
2024
Debt-to-GDP ratio
47.1%
2024
55.3%
2024
Government debt per person
$1,613
2024
$13,874
2024
Government debt per person rank
126/185
2024
41/185
2024
Average annual personal income after taxes
$4,901
2026
$20,736
2026
Market capitalization of domestic companies n/a
$197B
2024
Number of billionaires n/a
10
2025
Income share by richest 10%
32.3%
2024
22.9%
2023
Income share by poorest 10%
1.2%
2024
3.3%
2023
Government expenditure, % of GDP
25.7%
2024
49.4%
2024
Consumer prices inflation
4.61%
2023-2024
3.78%
2023-2024
Central bank interest rate
5.75%
2024
4%
2025
Unemployment rate
4.91%
2024
2.81%
2024
Population
11237619
35806942

Spending and national debt comparison by year

Honduras
Spending

Debt
Poland
Spending

Debt
1x
Year % of GDP
Honduras Poland
Government spending Government debt Government spending Government debt
2024 25.7% 47.1% 49.4% 55.3%
2023 27.2% 47.9% 46.9% 49.5%
2022 24% 51% 43.2% 48.8%
2021 28.8% 50.3% 43.6% 53%
2020 28.4% 52.5% 47.7% 56.6%
2019 25.9% 44.1% 41.4% 45.2%
2018 26.2% 43.5% 41% 48.2%
2017 26.9% 43.6% 41.1% 50.4%
2016 27.4% 40.3% 41.1% 54.1%
2015 26% 42.3% 41.5% 51.1%
2014 26.4% 43% 42.7% 51.1%
2013 28% 42.1% 43.2% 56.9%
2012 26.4% 32.4% 43.2% 54.5%
2011 25.9% 31.5% 44.1% 54.8%
2010 26.5% 28.9% 46% 53.7%
2009 28.4% 23.8% 44.9% 49.7%
2008 26.4% 22.3% 44% 46.6%
2007 24.4% 24% 42.8% 44.4%
2006 24.4% 39.2% 44.3% 47.1%
2005 23.6% 55.6% 44.1% 46.5%
2004 25.5% 60.9% 43.3% 44.9%
2003 26.4% 67.8% 45.5% 46.4%
2002 26.8% 64.2% 45.1% 41.6%
2001 25.1% 63.4% 44.7% 37.2%
2000 22.1% 65.8% 43.1% 36.4%
1999 23.3% 75.8% 42.5% 39.4%
1998 19.4% 67.4% 44% 38.7%
1997 19.4% 70.8% 46.1% 42.7%
1996 18.7% 64.6% 50.7% 43.2%
1995 17.2% 65.4% 47.5% 48.7%
1994 19.2% 86.4% - 64.3%
1993 23.7% 108% - 83.9%
1992 20.5% 116.5% - 81.9%
1991 18.8% 122.2% - 76.9%
1990 16.4% 200.3% - 89.7%
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% 35.6% -
1978 13.1% 32.8% 35.8% -
1977 14.6% 28.2% 35.6% -
1976 11.5% 26.5% 34.8% -
1975 11.9% 24% 34.1% -
1974 11.7% 18.5% 28.6% -
1973 11.1% 16.6% 24.5% -
1972 12.6% 16.8% 24.1% -
1971 15.2% 19.8% 24.1% -
1970 15.2% 17.2% 25.8% -
1969 13.6% 13% 26.3% -
1968 11.6% 9.75% 27.3% -
1967 11.4% 9.72% 29.6% -
1966 11.4% 9.47% 31.7% -
1965 10.6% 8.97% 31.8% -
1964 11.4% 9.78% 33.5% -
1963 10.1% 9.02% 33.3% -
1962 10.5% 8.54% 43% -
1961 11.2% 8.22% 42.8% -
1960 12.2% 8.97% 39.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20).

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

In 2024, Honduras' government spending was $9.52B, accounting for 25.7% of its GDP, while Poland spent $453B, or 49.4% of GDP.

Debt-to-GDP ratio is 47.1% in Honduras and 55.3% in Poland, ranking 115/185 and 95/185, respectively.

Government deficit by year

Deficit/surplus
Honduras

Poland
1x
Year Deficit/surplus, % of GDP
Honduras Poland
2024 -1.12% -6.59%
2023 -1.96% -5.27%
2022 1.57% -3.44%
2021 -3.17% -1.75%
2020 -4.58% -6.85%
2019 0.09% -0.73%
2018 0.2% -0.24%
2017 -0.41% -1.49%
2016 -0.4% -2.38%
2015 -0.78% -2.59%
2014 -2.81% -3.66%
2013 -5.48% -4.25%
2012 -3.48% -3.8%
2011 -2.94% -4.97%
2010 -3.37% -7.43%
2009 -4.86% -7.24%
2008 -0.27% -3.6%
2007 -0.25% -1.88%
2006 -1.36% -3.53%
2005 -0.03% -3.93%
2004 -2.48% -4.99%
2003 -5.09% -6.02%
2002 -5.02% -4.8%
2001 -3.12% -4.73%
2000 1.51% -4%
1999 1.38% -2.3%
1998 2.89% -4.25%
1997 0.08% -4.61%
1996 0.13% -4.84%
1995 -0.24% -4.39%
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/poland | CC BY

In 2024, Honduras' government deficit, the difference between spending and revenue, was $415M, equivalent to 1.12% of GDP. This compares to Poland's deficit of $60.4B, or 6.59% of GDP.

Over the past 30 years, Honduras recorded a fiscal deficit in 22 of those years, while Poland ran a deficit in 30 years. On average, Honduras posted an annual deficit equal to 1.51% of GDP, compared to deficit of 4.02% of GDP for Poland.

Inflation comparison by year

Inflation
Honduras

Poland
1x
Year Consumer prices inflation
Honduras Poland
2024 4.61% 3.78%
2023 6.66% 11.5%
2022 9.09% 14.4%
2021 4.48% 5.06%
2020 3.47% 3.37%
2019 4.37% 2.23%
2018 4.35% 1.81%
2017 3.93% 2.08%
2016 2.72% -0.66%
2015 3.16% -0.87%
2014 6.13% 0.05%
2013 5.16% 0.99%
2012 5.2% 3.56%
2011 6.76% 4.24%
2010 4.7% 2.58%
2009 5.5% 3.8%
2008 11.4% 4.16%
2007 6.94% 2.46%
2006 5.58% 1.28%
2005 8.81% 2.18%
2004 8.11% 3.38%
2003 7.67% 0.68%
2002 7.69% 1.91%
2001 9.67% 5.41%
2000 11% 9.9%
1999 11.7% 7.15%
1998 13.7% 11.6%
1997 20.2% 14.9%

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

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

Over the past 28 years, Honduras has recorded an average annual inflation rate of 7.24%, compared with 4.39% in Poland. In 2024, inflation was 4.61% in Honduras and 3.78% in Poland.

Top exports between countries

Honduras
Export category Export value
Raw agricultural goods $3M
Chemicals & pharma $206K
Machinery & equipment $108K
Processed food, beverages & tobacco $100K
Textiles & consumer goods $2K
Poland
Export category Export value
Machinery & equipment $1.32M
Processed food, beverages & tobacco $668K
Textiles & consumer goods $657K
Raw materials & minerals $543K
Chemicals & pharma $438K
Wood & paper products $415K
Metals $109K
Raw agricultural goods $87K
Animal & marine products $66K
Miscellaneous $31K

Balance of trade

Honduras Poland
Current account balance
-$1.65B
2024
$2.8B
2024
Current account balance ranking
137/190
2024
40/190
2024
Current account balance, % of GDP
-4.45%
2024
+0.3%
2024
Goods imports
$14.6B
2024
$367B
2024
Goods exports
$5.67B
2024
$361B
2024
Service imports
$3.67B
2024
$74.9B
2024
Service exports
$3.75B
2024
$118B
2024
Imports of goods and services, % of GDP
57.6%
2024
48.2%
2024
Exports of goods and services, % of GDP
33.5%
2024
52.2%
2024

Economic freedom indices

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

Honduras Poland
Economic freedom 59.1 68.5
Economic freedom ranking 105/197 46/197
Property rights 35.7 71.8
Government integrity 24.6 60.7
Judicial effectiveness 27.6 62.5
Tax burden 83.1 72.7
Government spending 80.3 35.1
Fiscal health 95.2 74.8
Business freedom 59.4 77.5
Labor freedom 37.9 53.7
Monetary freedom 70.1 73.8
Trade freedom 69.8 79.4
Investment freedom 65 80
Financial freedom 60 80

Economic freedom comparison by year

Honduras
Poland
1x
Year Economic freedom index
Honduras Poland
2026 59.1 68.5
2025 59.6 67.1
2024 58.6 66
2023 58.7 67.7
2022 59.5 68.7
2021 59.8 69.7
2020 61.1 69.1
2019 60.2 67.8
2018 60.6 68.5
2017 58.8 68.3
2016 57.7 69.3
2015 57.4 68.6
2014 57.1 67
2013 58.4 66
2012 58.8 64.2
2011 58.6 64.1
2010 58.3 63.2
2009 58.7 60.3
2008 58.9 60.3
2007 59.1 58.1
2006 57.4 59.3
2005 55.3 59.6
2004 55.3 58.7
2003 60.4 61.8
2002 58.7 65
2001 57 61.8
2000 57.6 60
1999 56.7 59.6
1998 56.2 59.2
1997 56 56.8
1996 56.6 57.8
1995 57 50.7

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

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

The Economic Freedom Index for Honduras is 59.1, ranking 105/197, compared to 68.5 for Poland, ranking 46/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Honduras Poland
Services, % of GDP
58.4%
2024
59.1%
2024
Industry, % of GDP
26.1%
2024
27.2%
2024
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
2.54%
2024
GNI, Atlas method
$32.7B
2024
$789B
2024
GNI per capita, PPP
$6,900
2024
$49,540
2024
Total reserves including gold
$8.04B
2024
$223B
2024
Total reserves ranking
84/177
2024
17/177
2024
Net foreign direct investment
-$620M
2024
-$10.6B
2024
Net inflows of foreign direct investment
$1.31B
2024
$20.6B
2024
Net outflows of foreign direct investment
$689M
2024
$10B
2024
Servicing debt to the IMF, % of GNI
5.23%
2024
n/a
Poverty at national poverty lines
62.9%
2024
13.3%
2024
Gross capital formation, % of GDP
22.5%
2024
17.8%
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/poland | 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 (1927–1994, 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 (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.