Honduras vs Trinidad and Tobago: Economic Indicators Comparison

Honduras with a GDP of $24B ranked the 112th largest economy in the world, while Trinidad and Tobago ranked 113th with $23.8B. By GDP 5-years average growth and GDP per capita, Honduras and Trinidad and Tobago ranked 57th vs 175th and 141st vs 53rd, respectively.

Gross Domestic Product & Income

StatHondurasTrinidad and Tobago
GDP$24B$23.8B
GDP growth, 1 year3.7%0.3%
GDP growth, 5-years average3.9%-1.5%
Population9.3M1.4M
GDP per capita$2.5k$17k
GDP per capita growth2.03%-0.66%
Purchasing Power Parity conversion factor11.633.62
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.54
GDP per capita, PPP adjusted$5.2k$32k
GNI, Atlas method$22.5B$22.2B
GNI per capita$2.4k$16k
GNI, PPP adjusted$46B$43.1B
GNI per capita, PPP adjusted$4.8k$31k

Financial system and Human development

StatHondurasTrinidad and Tobago
Income Tax Rate25%25%
Corporate Tax Rate25%25%
Inflation, consumer prices4.3%1.1%
Inflation, GDP deflator1.8%6.1%
Unemployment4.1%2.8%
Economic Freedom Index61.158.3
Personal Freedom Index6.956.88
Human Freedom Index7.136.81
Property Rights Index48.656.6
Judical Effectiveness Index34.242.1
Business Freedom Index56.767.3
Fiscal Health Index96.715.9
Labor Freedom Index31.576
Investment Freedom Index6560
Financial Freedom Index6050
Trade Freedom Index79.467.8
Monetary Freedom Index72.277.4
Government Spending Index78.266.5
Tax Burden Index82.382.6
Government Integrity Index28.637.4
Corruption Perceptions Index2941
Life expectancy at birth, years74.973.2
Suicide mortality rate, per 100,000 people2.913.6
Mortality caused by road traffic injury, per 100,000 people16.712.1
Intentional homicides, per 100,000 people41.730.9
International tourism, number of arrivals851k375k

Government debt & reserves

StatHondurasTrinidad and Tobago
Central government debt, % of GDP40.3%45.3%
External debt stocks, % of GNI43.7%N/A
External debt stocks$9.7BN/A
Short-term debt, % of total reserves14.7%N/A
Total debt service, % of exports and primary income28.1%N/A
Adjusted net savings including particulate emission damage, % of GNI19.5%N/A
Gross savings, % of GDP20.8%N/A
Gross capital formation, % of GDP25.5%N/A
Total reserves including gold$4.8B$8.1B
Foreign direct investment net inflows$1.4B-$602.5M

Exports, imports and economic structure

StatHondurasTrinidad and Tobago
Exports of goods and services, % of GDP41.8%N/A
Imports of goods and services, % of GDP60.4%N/A
Current account balance (balance of payments)-$1.3B$1.2B
Revenue excluding grants, % of GDP23.4%38.4%
Grants excluding technical cooperation, BoP$302.7M$2.4M
Personal remittances received$4.8B$138.7M
Industry including construction value added, % of GDP26.8%42%
Agriculture, forestry and fishing value added, % of GDP11.8%1%
Charges for the use of intellectual property, payments BoP$57.8M$63.9M
Charges for the use of intellectual property, receipts BoP$811k$882k
Expense, % of GDP22%35.9%
Government Expenditure, % of GDP26.9%33.4%

Compare with countries close by GDP per capita

Honduras vs

CountryGDP
per capita
Population
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k

Trinidad and Tobago vs

CountryGDP
per capita
Population
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M