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Economy of Honduras vs Syria compared: GDP & Debt

Updated on by Georank team

Honduras has a GDP of $37.1B compared to $20B for Syria, ranking 104/197 and 129/197 by economy size, respectively.

Honduras has $17.5B in government debt (47.1% of GDP), compared to $18.4B (30% of GDP) in Syria.

Honduras vs Syria GDP by year

Honduras
Syria
1x
Year GDP, current $
Honduras Syria
2024 $37,093,565,854 -
2023 $34,355,805,528 $19,993,439,950
2022 $31,426,041,807 $23,622,827,080
2021 $28,144,331,507 $14,353,205,678
2020 $23,352,232,484 $12,047,752,036
2019 $24,882,225,742 $22,583,045,060
2018 $24,067,750,760 $21,497,782,868
2017 $23,136,247,991 $16,369,843,352
2016 $21,717,604,952 $12,597,854,877
2015 $20,979,791,685 $16,466,863,117
2014 $19,756,533,972 $21,502,061,466
2013 $18,499,729,215 $21,361,254,635
2012 $18,528,554,398 $43,190,318,033
2011 $17,710,275,685 $67,539,428,159
2010 $15,839,344,592 $61,390,830,875
2009 $14,587,496,229 $54,111,735,629
2008 $13,881,731,876 $52,557,913,569
2007 $12,361,257,681 $40,465,318,382
2006 $10,917,477,066 $33,751,788,856
2005 $9,757,012,697 $28,858,965,517
2004 $8,869,299,234 $25,086,950,495
2003 $8,230,391,347 $21,828,144,686
2002 $7,858,255,413 $20,669,357,462
2001 $7,651,162,302 $20,237,024,725
2000 $7,186,638,029 $18,937,052,543
1999 $6,394,090,592 $15,873,875,969
1998 $6,163,707,533 $15,200,846,154
1997 $5,569,178,707 $14,505,233,463
1996 $4,798,834,459 $13,789,560,878
1995 $4,672,346,194 $11,396,706,587
1994 $4,105,686,899 $10,122,020,000
1993 $4,190,773,622 $13,695,962,055
1992 $4,122,846,905 $13,253,565,861
1991 $3,699,381,195 $12,981,833,333
1990 $3,734,460,117 $12,308,624,418
1989 $4,375,896,552 $9,853,395,762
1988 $4,892,660,944 $10,577,041,645
1987 $5,024,800,000 $11,356,215,543
1986 $4,706,100,000 $13,293,205,278
1985 $4,328,300,000 $16,403,539,893
1984 $4,029,900,000 $17,503,078,174
1983 $3,840,550,000 $17,589,277,143
1982 $3,619,500,000 $16,298,929,011
1981 $3,501,800,000 $15,518,201,335
1980 $3,184,400,000 $13,062,420,382
1979 $2,778,900,000 $9,929,681,529
1978 $2,393,650,000 $9,275,200,458
1977 $1,900,700,000 $7,696,011,396
1976 $1,589,300,000 $7,633,528,867
1975 $1,330,050,000 $6,826,980,444
1974 $1,243,000,000 $5,159,557,148
1973 $1,128,299,436 $3,239,487,516
1972 $1,030,645,362 $3,059,681,698
1971 $958,450,000 $2,589,851,325
1970 $904,400,000 $2,140,384,010
1969 $844,400,000 $2,245,011,515
1968 $815,450,000 $1,753,746,430
1967 $750,950,000 $1,580,229,799
1966 $692,150,000 $1,342,287,553
1965 $651,050,000 $1,472,036,540
1964 $591,100,000 $1,339,494,267
1963 $553,500,000 $1,200,447,408
1962 $532,450,000 $1,110,565,881
1961 $503,300,000 $945,244,972
1960 $475,650,000 $857,704,413

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

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

GDP per capita in Honduras vs Syria by year

Honduras
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Honduras Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,426 $7,486 - -
2023 $3,227 $7,178 $847 $4,650
2022 $3,003 $6,805 $1,052 $4,772
2021 $2,735 $6,203 $664 $4,593
2020 $2,308 $5,385 $572 $3,738
2019 $2,502 $5,785 $1,110 $3,502
2018 $2,465 $5,633 $1,098 $3,456
2017 $2,413 $5,621 $852 $3,265
2016 $2,307 $5,186 $656 -
2015 $2,271 $4,846 $848 -
2014 $2,180 $4,460 $1,061 -
2013 $2,081 $4,137 $986 -
2012 $2,126 $4,016 $1,898 -
2011 $2,074 $3,901 $2,952 -
2010 $1,893 $3,758 $2,731 -
2009 $1,781 $3,656 $2,462 -
2008 $1,732 $3,806 $2,429 -
2007 $1,578 $3,664 $1,938 -
2006 $1,426 $3,438 $1,719 -
2005 $1,305 $3,204 $1,534 -
2004 $1,215 $3,001 $1,368 -
2003 $1,156 $2,821 $1,220 -
2002 $1,132 $2,715 $1,183 -
2001 $1,132 $2,645 $1,187 -
2000 $1,093 $2,587 $1,138 -
1999 $999 $2,372 $978 -
1998 $989 $2,152 $961 -
1997 $917 $1,959 $941 -
1996 $813 $1,617 $918 -
1995 $814 $1,329 $780 -
1994 $736 $1,074 $712 -
1993 $773 $838 $993 -
1992 $782 $741 $990 -
1991 $722 $684 $1,000 -
1990 $750 $540 $978 -
1989 $904 - $809 -
1988 $1,039 - $898 -
1987 $1,098 - $997 -
1986 $1,058 - $1,208 -
1985 $1,001 - $1,544 -
1984 $960 - $1,706 -
1983 $942 - $1,776 -
1982 $914 - $1,703 -
1981 $912 - $1,676 -
1980 $854 - $1,458 -
1979 $769 - $1,146 -
1978 $683 - $1,108 -
1977 $559 - $951 -
1976 $482 - $976 -
1975 $417 - $904 -
1974 $401 - $707 -
1973 $375 - $459 -
1972 $353 - $448 -
1971 $338 - $393 -
1970 $329 - $335 -
1969 $316 - $364 -
1968 $314 - $293.3 -
1967 $298.2 - $272.9 -
1966 $282.9 - $239.3 -
1965 $273.9 - $270.8 -
1964 $255.9 - $254.2 -
1963 $246.6 - $234.9 -
1962 $244 - $223.9 -
1961 $237.3 - $196.3 -
1960 $230.7 - $183.5 -

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

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

Honduras' GDP per capita is $3,426, ranking 136/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Honduras ranks 146th at $7,486, while Syria ranks 160th at $4,650.

Economic indicators

Honduras Syria
Gross domestic product
$37.1B
2024
$20B
2023
GDP rank
104/197
2024
129/197
2023
GDP growth
3.55%
2023-2024
-1.21%
2022-2023
GDP per capita
$3,426
2024
$847
2023
GDP per capita rank
136/197
2024
185/197
2023
GDP per capita, PPP
$7,486
2024
$4,650
2023
GDP per capita PPP rank
146/197
2024
160/197
2023
Government debt
$17.5B
2024
$18.4B
2010
Debt-to-GDP ratio
47.1%
2024
30%
2010
Government debt per person
$1,613
2024
$820
2010
Government debt per person rank
126/185
2024
148/185
2010
Average annual personal income after taxes
$4,901
2026
$730
2026
Income share by richest 10%
32.3%
2024
21.1%
2022
Income share by poorest 10%
1.2%
2024
3.8%
2022
Government expenditure, % of GDP
25.7%
2024
28.6%
2010
Consumer prices inflation
4.61%
2023-2024
13.4%
2018-2019
Central bank interest rate
5.75%
2024
n/a
Unemployment rate
4.91%
2024
8.61%
2010
Population
11237619
26829400

Spending and national debt comparison by year

Honduras
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Honduras Syria
Government spending Government debt Government spending Government debt
2024 25.7% 47.1% - -
2023 27.2% 47.9% - -
2022 24% 51% - -
2021 28.8% 50.3% - -
2020 28.4% 52.5% - -
2019 25.9% 44.1% - -
2018 26.2% 43.5% - -
2017 26.9% 43.6% - -
2016 27.4% 40.3% - -
2015 26% 42.3% - -
2014 26.4% 43% - -
2013 28% 42.1% - -
2012 26.4% 32.4% - -
2011 25.9% 31.5% - -
2010 26.5% 28.9% 28.6% 30%
2009 28.4% 23.8% 26.7% 31.2%
2008 26.4% 22.3% 22.9% 37.3%
2007 24.4% 24% 25.7% 42.7%
2006 24.4% 39.2% 26.3% 45%
2005 23.6% 55.6% 28.2% 50.7%
2004 25.5% 60.9% 31.3% 113%
2003 26.4% 67.8% 32.6% 133.4%
2002 26.8% 64.2% 28.5% 132.4%
2001 25.1% 63.4% 28% 144.5%
2000 22.1% 65.8% 27.4% 152.1%
1999 23.3% 75.8% 28% 147.7%
1998 19.4% 67.4% 28.8% 151.2%
1997 19.4% 70.8% 29% 147.6%
1996 18.7% 64.6% 27.7% 141.5%
1995 17.2% 65.4% 29.8% 152.6%
1994 19.2% 86.4% 30.3% 163%
1993 23.7% 108% 29.4% 171.9%
1992 20.5% 116.5% 34.2% 173.6%
1991 18.8% 122.2% 34.3% 182.4%
1990 16.4% 200.3% 28.3% 189.8%
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/syria | CC BY

In 2024, Honduras' government spending was $9.52B, accounting for 25.7% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 47.1% in Honduras and 30% in Syria, ranking 115/185 and 157/185, respectively.

Government deficit by year

Deficit/surplus
Honduras

Syria
1x
Year Deficit/surplus, % of GDP
Honduras Syria
2024 -1.12% -
2023 -1.96% -
2022 1.57% -
2021 -3.17% -
2020 -4.58% -
2019 0.09% -
2018 0.2% -
2017 -0.41% -
2016 -0.4% -
2015 -0.78% -
2014 -2.81% -
2013 -5.48% -
2012 -3.48% -
2011 -2.94% -
2010 -3.37% -7.79%
2009 -4.86% -2.89%
2008 -0.27% -2.86%
2007 -0.25% -2.99%
2006 -1.36% -1.12%
2005 -0.03% -4.41%
2004 -2.48% -4.18%
2003 -5.09% -2.7%
2002 -5.02% -2.02%
2001 -3.12% 2.3%
2000 1.51% -1.36%
1999 1.38% -1.47%
1998 2.89% -2.81%
1997 0.08% -1.78%
1996 0.13% -2.83%
1995 -0.24% -3.81%
1994 -0.98% -6%
1993 -5.03% -4.96%
1992 -1.41% -7.26%
1991 -1.95% -6.57%
1990 -1.82% -3.92%
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/syria | CC BY

In 2010, Honduras' government deficit, the difference between spending and revenue, was $534M, equivalent to 3.37% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 21 years, Honduras recorded a fiscal deficit in 16 of those years, while Syria ran a deficit in 20 years. On average, Honduras posted an annual deficit equal to 1.49% of GDP, compared to deficit of 3.4% of GDP for Syria.

Inflation comparison by year

Inflation
Honduras

Syria
1x
Year Consumer prices inflation
Honduras Syria
2024 4.61% -
2023 6.66% -
2022 9.09% -
2021 4.48% -
2020 3.47% -
2019 4.37% 13.4%
2018 4.35% 0.94%
2017 3.93% 18.1%
2016 2.72% 47.7%
2015 3.16% 38.5%
2014 6.13% 10.9%
2013 5.16% 40%
2012 5.2% 36.7%
2011 6.76% 4.75%
2010 4.7% 4.4%
2009 5.5% 2.92%
2008 11.4% 15.7%
2007 6.94% 3.91%
2006 5.58% 10%
2005 8.81% 7.24%
2004 8.11% 4.43%
2003 7.67% 5.8%
2002 7.69% -0.13%
2001 9.67% 3%
2000 11% -3.85%
1999 11.7% -3.7%
1998 13.7% -0.8%
1997 20.2% 1.89%

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

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

Over the past 23 years, Honduras has recorded an average annual inflation rate of 7.58%, compared with 11.4% in Syria. In 2019, inflation was 4.61% in Honduras and 13.4% in Syria.

Top exports between countries

Honduras
Export category Export value
Syria
Export category Export value
Textiles & consumer goods $328K

Balance of trade

Honduras Syria
Current account balance
-$1.65B
2024
-$367M
2010
Current account balance ranking
137/190
2024
103/190
2010
Current account balance, % of GDP
-4.45%
2024
-0.6%
2010
Goods imports
$14.6B
2024
$15.9B
2010
Goods exports
$5.67B
2024
$12.3B
2010
Service imports
$3.67B
2024
$3.53B
2010
Service exports
$3.75B
2024
$7.33B
2010
Imports of goods and services, % of GDP
57.6%
2024
28.8%
2022
Exports of goods and services, % of GDP
33.5%
2024
6.81%
2022

Economic freedom indices

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

Honduras Syria
Economic freedom 59.1 51.2
Economic freedom ranking 105/197 155/197
Property rights 35.7 4
Government integrity 24.6 3.6
Judicial effectiveness 27.6 3.7
Tax burden 83.1 87.3
Government spending 80.3 78.5
Fiscal health 95.2 13.8
Business freedom 59.4 33.8
Labor freedom 37.9 37.2
Monetary freedom 70.1 80
Trade freedom 69.8 47
Investment freedom 65 0
Financial freedom 60 20

Economic freedom comparison by year

Honduras
Syria
1x
Year Economic freedom index
Honduras Syria
2026 59.1 -
2025 59.6 -
2024 58.6 -
2023 58.7 -
2022 59.5 -
2021 59.8 -
2020 61.1 -
2019 60.2 -
2018 60.6 -
2017 58.8 -
2016 57.7 -
2015 57.4 -
2014 57.1 -
2013 58.4 -
2012 58.8 51.2
2011 58.6 51.3
2010 58.3 49.4
2009 58.7 51.3
2008 58.9 47.2
2007 59.1 48.3
2006 57.4 51.2
2005 55.3 46.3
2004 55.3 40.6
2003 60.4 41.3
2002 58.7 36.3
2001 57 36.6
2000 57.6 37.2
1999 56.7 39
1998 56.2 42.2
1997 56 43
1996 56.6 42.3
1995 57 -

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

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

The Economic Freedom Index for Honduras is 59.1, ranking 105/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Honduras Syria
Services, % of GDP
58.4%
2024
44.9%
2022
Industry, % of GDP
26.1%
2024
12%
2022
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
43.1%
2022
GNI, Atlas method
$32.7B
2024
$18.2B
2023
GNI per capita, PPP
$6,900
2024
$4,480
2023
Total reserves including gold
$8.04B
2024
$20.6B
2010
Total reserves ranking
84/177
2024
62/177
2010
Net foreign direct investment
-$620M
2024
-$1.47B
2010
Net inflows of foreign direct investment
$1.31B
2024
$0
2024
Net outflows of foreign direct investment
$689M
2024
$0
2024
Servicing debt to the IMF, % of GNI
5.23%
2024
0.15%
2023
Poverty at national poverty lines
62.9%
2024
35.2%
2007
Gross capital formation, % of GDP
22.5%
2024
16%
1969

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/syria | CC BY

Compare countries by 7 more topics

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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)
  8. TradeMap (2010, 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.