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Economy of Honduras vs Saint Vincent compared: GDP & Debt

Updated on by Georank

Honduras has a GDP of $39.6B compared to $1.26B for Saint Vincent, ranking 104/197 and 187/197 by economy size, respectively.

Honduras has $16.3B in government debt (41.2% of GDP), compared to $1.42B (113.4% of GDP) in Saint Vincent.

Honduras vs Saint Vincent GDP by year

Honduras
Saint Vincent
1x
Year GDP, current $
Honduras Saint Vincent
2025 $39,601,409,103 $1,255,222,222
2024 $36,980,171,442 $1,157,207,407
2023 $34,355,805,528 $1,072,237,037
2022 $31,426,041,807 $989,188,889
2021 $28,144,331,507 $888,677,778
2020 $23,352,232,484 $864,566,667
2019 $24,882,225,742 $910,481,481
2018 $24,067,750,760 $884,329,630
2017 $23,136,247,991 $844,040,741
2016 $21,717,604,952 $814,303,704
2015 $20,979,791,685 $786,555,556
2014 $19,756,533,972 $770,900,000
2013 $18,499,729,215 $764,781,259
2012 $18,528,554,398 $730,032,593
2011 $17,710,275,685 $713,796,370
2010 $15,839,344,592 $720,447,889
2009 $14,587,496,229 $714,300,259
2008 $13,881,731,876 $732,663,259
2007 $12,361,257,681 $713,596,667
2006 $10,917,477,066 $643,501,148
2005 $9,757,012,697 $579,948,926
2004 $8,869,299,234 $549,900,185
2003 $8,230,391,347 $509,090,889
2002 $7,858,255,413 $487,763,852
2001 $7,651,162,302 $462,072,333
2000 $7,186,638,029 $427,946,037
1999 $6,394,090,592 $390,718,519
1998 $6,163,707,533 $373,618,519
1997 $5,569,178,707 $347,770,370
1996 $4,798,834,459 $331,488,889
1995 $4,672,346,194 $316,007,407
1994 $4,105,686,899 $289,437,037
1993 $4,190,773,622 $286,307,407
1992 $4,122,846,905 $277,955,556
1991 $3,699,381,195 $254,829,630
1990 $3,734,460,117 $240,366,667
1989 $4,375,896,552 $214,745,002
1988 $4,892,660,944 $200,726,713
1987 $5,024,800,000 $175,580,647
1986 $4,706,100,000 $160,846,657
1985 $4,328,300,000 $145,641,705
1984 $4,029,900,000 $135,024,988
1983 $3,840,550,000 $122,255,350
1982 $3,619,500,000 $113,759,203
1981 $3,501,800,000 $102,086,539
1980 $3,184,400,000 $82,340,340
1979 $2,778,900,000 $71,096,360
1978 $2,393,650,000 $60,844,771
1977 $1,900,700,000 $49,353,162
1976 $1,589,300,000 $32,792,845
1975 $1,330,050,000 $33,237,226
1974 $1,243,000,000 $32,923,703
1973 $1,128,299,436 $30,165,081
1972 $1,030,645,362 $27,585,805
1971 $958,450,000 $20,051,922
1970 $904,400,000 $18,450,000
1969 $844,400,000 $16,650,000
1968 $815,450,000 $15,350,000
1967 $750,950,000 $15,835,106
1966 $692,150,000 $16,099,960
1965 $651,050,000 $15,108,296
1964 $591,100,000 $14,758,296
1963 $553,500,000 $13,708,299
1962 $532,450,000 $14,524,964
1961 $503,300,000 $13,999,965
1960 $475,650,000 $13,066,634

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/honduras/saint-vincent | CC BY

GDP per capita in Honduras vs Saint Vincent by year

Honduras
GDP per capita

GDP per capita, PPP
Saint Vincent
GDP per capita

GDP per capita, PPP
1x
Year Current $
Honduras Saint Vincent
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,598 - $12,562 -
2024 $3,416 $7,486 $11,501 $21,272
2023 $3,227 $7,178 $10,582 $19,820
2022 $3,003 $6,805 $9,694 $18,035
2021 $2,735 $6,203 $8,641 $16,201
2020 $2,308 $5,385 $8,351 $15,337
2019 $2,502 $5,785 $8,741 $15,340
2018 $2,465 $5,633 $8,428 $14,690
2017 $2,413 $5,621 $7,988 $13,575
2016 $2,307 $5,186 $7,657 $13,493
2015 $2,271 $4,846 $7,354 $12,379
2014 $2,180 $4,460 $7,169 $12,136
2013 $2,081 $4,137 $7,072 $11,625
2012 $2,126 $4,016 $6,714 $10,989
2011 $2,074 $3,901 $6,528 $10,774
2010 $1,893 $3,758 $6,552 $10,561
2009 $1,781 $3,656 $6,464 $10,869
2008 $1,732 $3,806 $6,599 $10,902
2007 $1,578 $3,664 $6,398 $10,604
2006 $1,426 $3,438 $5,745 $9,949
2005 $1,305 $3,204 $5,157 $8,986
2004 $1,215 $3,001 $4,873 $8,472
2003 $1,156 $2,821 $4,500 $7,903
2002 $1,132 $2,715 $4,303 $7,250
2001 $1,132 $2,645 $4,071 $6,768
2000 $1,093 $2,587 $3,769 $6,503
1999 $999 $2,372 $3,447 $6,266
1998 $989 $2,152 $3,301 $6,026
1997 $917 $1,959 $3,074 $5,726
1996 $813 $1,617 $2,930 $5,440
1995 $814 $1,329 $2,795 $5,277
1994 $736 $1,074 $2,563 $4,802
1993 $773 $838 $2,540 $4,769
1992 $782 $741 $2,471 $4,477
1991 $722 $684 $2,271 $4,126
1990 $750 $540 $2,150 $3,960
1989 $904 - $1,930 -
1988 $1,039 - $1,814 -
1987 $1,098 - $1,596 -
1986 $1,058 - $1,472 -
1985 $1,001 - $1,342 -
1984 $960 - $1,254 -
1983 $942 - $1,144 -
1982 $914 - $1,074 -
1981 $912 - $972 -
1980 $854 - $790 -
1979 $769 - $687 -
1978 $683 - $592 -
1977 $559 - $484 -
1976 $482 - $324 -
1975 $417 - $331 -
1974 $401 - $331 -
1973 $375 - $306 -
1972 $353 - $282.1 -
1971 $338 - $207 -
1970 $329 - $192.3 -
1969 $316 - $175.2 -
1968 $314 - $163.1 -
1967 $298.2 - $170 -
1966 $282.9 - $174.9 -
1965 $273.9 - $166.2 -
1964 $255.9 - $164.4 -
1963 $246.6 - $154.9 -
1962 $244 - $166.5 -
1961 $237.3 - $163 -
1960 $230.7 - $154.8 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/honduras/saint-vincent | CC BY

Honduras' GDP per capita is $3,598, ranking 137/197, compared to $12,562 in Saint Vincent, ranking 81/197. Adjusted for purchasing power (GDP per capita PPP), Honduras ranks 146th at $7,486, while Saint Vincent ranks 92nd at $21,272.

Economic indicators

Honduras Saint Vincent
Gross domestic product
$39.6B
2025
$1.26B
2025
GDP rank
104/197
2025
187/197
2025
GDP growth
3.75%
2024-2025
3.39%
2024-2025
GDP per capita
$3,598
2025
$12,562
2025
GDP per capita rank
137/197
2025
81/197
2025
GDP per capita, PPP
$7,486
2024
$21,272
2024
GDP per capita PPP rank
146/197
2024
92/197
2024
Government debt
$16.3B
2025
$1.42B
2025
Debt-to-GDP ratio
41.2%
2025
113.4%
2025
Government debt per person
$1,483
2025
$14,247
2025
Government debt per person rank
132/185
2025
46/185
2025
Average annual personal income after taxes
$2,887
2026
$12,810
2026
Income share by richest 10%
32.3%
2024
n/a
Income share by poorest 10%
1.2%
2024
n/a
Government expenditure, % of GDP
24.9%
2025
41%
2025
Consumer prices inflation
4.6%
2024-2025
0.82%
2024-2025
Central bank interest rate
5.75%
2024
n/a
Unemployment rate
4.85%
2025
18.8%
2008
Population
11279259
99243

Spending and national debt comparison by year

Honduras
Spending

Debt
Saint Vincent
Spending

Debt
1x
Year % of GDP
Honduras Saint Vincent
Government spending Government debt Government spending Government debt
2025 24.9% 41.2% 41% 113.4%
2024 25.7% 41.5% 43.9% 102.8%
2023 27.2% 41.7% 39.7% 91.3%
2022 24% 46.9% 36.6% 88.6%
2021 28.8% 52.7% 37.2% 88.3%
2020 28.4% 53.5% 32.9% 81.7%
2019 25.9% 43.3% 29.1% 68%
2018 26.2% 42.4% 26.3% 69.3%
2017 26.9% 41.3% 26.6% 69.5%
2016 27.4% 39.4% 27.1% 78.1%
2015 26% 38.3% 27.6% 76%
2014 26.4% 35.2% 30.4% 75.1%
2013 28% 37.3% 29.5% 70%
2012 26.4% 27.1% 26.3% 67.8%
2011 25.9% 24.6% 29.4% 64%
2010 26.5% 21.8% 31.1% 61.1%
2009 28.4% 23.8% 31% 57.2%
2008 26.4% 22.3% 28.3% 50.2%
2007 24.4% 24% 27.1% 48.4%
2006 24.4% 39.2% 26.1% 44.7%
2005 23.6% 55.6% 26.7% 50.5%
2004 25.5% 60.9% 24.9% 58.5%
2003 26.4% 67.8% 26% 55.3%
2002 26.8% 64.2% 25.7% 53.2%
2001 25.1% 63.4% 24.4% 51.9%
2000 22.1% 65.8% 23.8% 54.2%
1999 23.3% 75.8% 25.5% 53.4%
1998 19.4% 67.4% 25.4% 39.9%
1997 19.4% 70.8% 26.4% 39.3%
1996 18.7% 64.6% 21.2% 41.2%
1995 17.2% 65.4% 20.3% 47.6%
1994 19% 85.5% 23% 54.2%
1993 24.5% 111.7% 22.8% 49.3%
1992 21.6% 123.2% 25.9% 50.7%
1991 20.8% 135.4% 26.2% 53.5%
1990 19.4% 236.5% 23.7% 55.3%
1989 10.2% 68.4% 27.6% -
1988 16% 71.7% 24.8% -
1987 17.2% 73.6% 23.7% -
1986 19.8% 69.9% 22.3% -
1985 22.5% 65.7% 21.4% -
1984 22.4% 60.5% 23.1% -
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

GeoRank.org/economy/honduras/saint-vincent | CC BY

In 2025, Honduras' government spending was $9.87B, accounting for 24.9% of its GDP, while Saint Vincent spent $515M, or 41% of GDP.

Debt-to-GDP ratio is 41.2% in Honduras and 113.4% in Saint Vincent, ranking 128/185 and 15/185, respectively.

Government deficit by year

Deficit/surplus
Honduras

Saint Vincent
1x
Year Deficit/surplus, % of GDP
Honduras Saint Vincent
2025 -0.74% -12.3%
2024 -1.12% -16%
2023 -1.96% -12.5%
2022 1.57% -9.35%
2021 -3.17% -7.19%
2020 -4.58% -5.92%
2019 0.09% -3.45%
2018 0.2% -1.65%
2017 -0.41% -1.56%
2016 -0.4% 0.04%
2015 -0.78% -2.01%
2014 -2.81% -2.82%
2013 -5.48% -5.82%
2012 -3.48% -1.8%
2011 -2.94% -3.5%
2010 -3.37% -3.69%
2009 -4.86% -2.85%
2008 -0.27% -1.29%
2007 -0.25% -3.07%
2006 -1.36% -3.12%
2005 -0.03% -4.3%
2004 -2.48% -2.71%
2003 -5.09% -2.51%
2002 -5.02% -2%
2001 -3.12% -1.6%
2000 1.51% -0.82%
1999 1.38% -1.95%
1998 2.89% -1.82%
1997 0.08% -2.81%
1996 0.13% 1.58%
1995 -0.24% 1.1%
1994 -0.97% 0.12%
1993 -5.21% -1.5%
1992 -1.49% -3.32%
1991 -2.16% -0.49%
1990 -2.15% 1.73%
1989 2.08% -1.92%
1988 -2.65% 0.59%
1987 -3.23% 1.1%
1986 -5.92% 2.32%
1985 -8.58% 4.23%
1984 -9.33% 2.5%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1927–1989, retrieved 2026-07-08).

GeoRank.org/economy/honduras/saint-vincent | CC BY

In 2025, Honduras' government deficit, the difference between spending and revenue, was $295M, equivalent to 0.74% of GDP. This compares to Saint Vincent's deficit of $155M, or 12.3% of GDP.

Over the past 42 years, Honduras recorded a fiscal deficit in 33 of those years, while Saint Vincent ran a deficit in 32 years. On average, Honduras posted an annual deficit equal to 2.04% of GDP, compared to deficit of 2.68% of GDP for Saint Vincent.

Inflation comparison by year

Inflation
Honduras

Saint Vincent
1x
Year Consumer prices inflation
Honduras Saint Vincent
2025 4.6% 0.82%
2024 4.61% 3.63%
2023 6.66% 4.56%
2022 9.09% 5.66%
2021 4.48% 1.57%
2020 3.47% -0.63%
2019 4.37% 0.91%
2018 4.35% 2.32%
2017 3.93% 2.15%
2016 2.72% -0.15%
2015 3.16% -1.73%
2014 6.13% 0.19%
2013 5.16% 0.81%
2012 5.2% 2.6%
2011 6.76% 3.19%
2010 4.7% 0.75%
2009 5.5% 0.42%
2008 11.4% 10.1%
2007 6.94% 7.24%
2006 5.58% 2.74%
2005 8.81% 3.73%
2004 8.11% 2.96%
2003 7.67% 0.21%
2002 7.69% 1.86%
2001 9.67% 0.9%
2000 11% 0.17%
1999 11.7% 1.01%
1998 13.7% 2.14%
1997 20.2% 0.44%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/honduras/saint-vincent | CC BY

Over the past 29 years, Honduras has recorded an average annual inflation rate of 7.15%, compared with 2.09% in Saint Vincent. In 2025, inflation was 4.6% in Honduras and 0.82% in Saint Vincent.

Top exports between countries

Honduras
Export category Export value
Processed food, beverages & tobacco $156K
Wood & paper products $71K
Saint Vincent
Export category Export value

Balance of trade

Honduras Saint Vincent
Current account balance
$936M
2025
-$202M
2025
Current account balance ranking
50/190
2025
92/190
2025
Current account balance, % of GDP
+2.36%
2025
-16.1%
2025
Goods imports
$15.4B
2025
$458M
2025
Goods exports
$6.88B
2025
$52M
2025
Service imports
$4.1B
2025
$213M
2025
Service exports
$3.89B
2025
$382M
2025
Imports of goods and services, % of GDP
56.5%
2025
n/a
Exports of goods and services, % of GDP
35%
2025
15.3%
2026

Economic freedom indices

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

Honduras Saint Vincent
Economic freedom 59.1 60
Economic freedom ranking 105/197 98/197
Property rights 35.7 65.2
Government integrity 24.6 63.3
Judicial effectiveness 27.6 76.9
Tax burden 83.1 82
Government spending 80.3 56.2
Fiscal health 95.2 2.8
Business freedom 59.4 67.3
Labor freedom 37.9 60.1
Monetary freedom 70.1 77.3
Trade freedom 69.8 58.8
Investment freedom 65 70
Financial freedom 60 40

Economic freedom comparison by year

Honduras
Saint Vincent
1x
Year Economic freedom index
Honduras Saint Vincent
2026 59.1 60
2025 59.6 60.1
2024 58.6 59.8
2023 58.7 63.5
2022 59.5 65.7
2021 59.8 66.3
2020 61.1 66.8
2019 60.2 65.8
2018 60.6 67.7
2017 58.8 65.2
2016 57.7 68.8
2015 57.4 68
2014 57.1 67
2013 58.4 66.7
2012 58.8 66.5
2011 58.6 66.9
2010 58.3 66.9
2009 58.7 64.3
2008 58.9 -
2007 59.1 -
2006 57.4 -
2005 55.3 -
2004 55.3 -
2003 60.4 -
2002 58.7 -
2001 57 -
2000 57.6 -
1999 56.7 -
1998 56.2 -
1997 56 -
1996 56.6 -
1995 57 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/honduras/saint-vincent | CC BY

The Economic Freedom Index for Honduras is 59.1, ranking 105/197, compared to 60 for Saint Vincent, ranking 98/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Honduras Saint Vincent
Services, % of GDP
57.6%
2025
66.4%
2025
Industry, % of GDP
25.4%
2025
15.1%
2025
Agriculture, forestry, and fishing, % of GDP
13.3%
2025
3.44%
2025
GNI, Atlas method
$36B
2025
$1.2B
2025
GNI per capita, PPP
$7,270
2025
$22,340
2025
Total reserves including gold
$10.2B
2025
$281M
2025
Total reserves ranking
78/177
2025
168/177
2025
Net foreign direct investment
-$810M
2025
-$113M
2025
Net inflows of foreign direct investment
$478M
2024
$139M
2024
Net outflows of foreign direct investment
-$49.4M
2024
-$1.92M
2024
Servicing debt to the IMF, % of GNI
5.23%
2024
3.78%
2024
Poverty at national poverty lines
60.1%
2025
n/a
Gross capital formation, % of GDP
24.2%
2025
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/honduras/saint-vincent | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1927–1989, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2023–2024, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.