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Economy of Honduras vs United Arab Emirates compared: GDP & Debt

Updated on by Georank team

Honduras has a GDP of $37.1B compared to $552B for the United Arab Emirates, ranking 104/197 and 27/197 by economy size, respectively.

Honduras has $17.5B in government debt (47.1% of GDP), compared to $193B (34.9% of GDP) in the United Arab Emirates.

Honduras vs United Arab Emirates GDP by year

Honduras
United Arab Emirates
1x
Year GDP, current $
Honduras UAE
2024 $37,093,565,854 $552,324,846,835
2023 $34,355,805,528 $522,622,191,967
2022 $31,426,041,807 $511,403,403,676
2021 $28,144,331,507 $422,441,388,700
2020 $23,352,232,484 $357,161,878,829
2019 $24,882,225,742 $433,926,208,305
2018 $24,067,750,760 $440,560,108,918
2017 $23,136,247,991 $403,365,010,211
2016 $21,717,604,952 $381,717,086,453
2015 $20,979,791,685 $381,973,042,886
2014 $19,756,533,972 $424,935,874,745
2013 $18,499,729,215 $409,632,675,289
2012 $18,528,554,398 $392,793,464,942
2011 $17,710,275,685 $368,881,143,635
2010 $15,839,344,592 $307,736,419,333
2009 $14,587,496,229 $253,547,358,747
2008 $13,881,731,876 $315,474,615,739
2007 $12,361,257,681 $257,916,133,424
2006 $10,917,477,066 $222,116,541,865
2005 $9,757,012,697 $180,617,467,965
2004 $8,869,299,234 $147,824,370,320
2003 $8,230,391,347 $124,346,358,067
2002 $7,858,255,413 $109,816,201,498
2001 $7,651,162,302 $103,311,640,572
2000 $7,186,638,029 $104,337,372,362
1999 $6,394,090,592 $84,445,473,111
1998 $6,163,707,533 $75,674,336,283
1997 $5,569,178,707 $78,839,008,445
1996 $4,798,834,459 $73,571,233,996
1995 $4,672,346,194 $65,743,666,576
1994 $4,105,686,899 $59,305,093,980
1993 $4,190,773,622 $55,625,170,253
1992 $4,122,846,905 $54,239,171,888
1991 $3,699,381,195 $51,552,165,622
1990 $3,734,460,117 $50,701,443,748
1989 $4,375,896,552 $41,464,995,914
1988 $4,892,660,944 $36,275,674,203
1987 $5,024,800,000 $36,384,908,744
1986 $4,706,100,000 $33,943,612,095
1985 $4,328,300,000 $40,603,650,232
1984 $4,029,900,000 $41,807,954,236
1983 $3,840,550,000 $42,803,323,345
1982 $3,619,500,000 $46,622,718,605
1981 $3,501,800,000 $49,333,424,135
1980 $3,184,400,000 $43,599,160,050
1979 $2,778,900,000 $31,225,659,621
1978 $2,393,650,000 $23,775,764,225
1977 $1,900,700,000 $24,871,775,165
1976 $1,589,300,000 $19,213,158,779
1975 $1,330,050,000 $14,720,728,249
1974 $1,243,000,000 $11,651,505,689
1973 $1,128,299,436 $4,231,243,616
1972 $1,030,645,362 $1,415,086,929
1971 $958,450,000 $939,893,600
1970 $904,400,000 $685,986,701
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/united-arab-emirates | CC BY

GDP per capita in Honduras vs United Arab Emirates by year

Honduras
GDP per capita

GDP per capita, PPP
United Arab Emirates
GDP per capita

GDP per capita, PPP
1x
Year Current $
Honduras UAE
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,426 $7,486 $50,274 $79,229
2023 $3,227 $7,178 $49,851 $77,955
2022 $3,003 $6,805 $50,760 $75,072
2021 $2,735 $6,203 $44,119 $68,580
2020 $2,308 $5,385 $37,992 $66,791
2019 $2,502 $5,785 $45,939 $79,816
2018 $2,465 $5,633 $47,135 $77,446
2017 $2,413 $5,621 $43,734 $70,282
2016 $2,307 $5,186 $42,721 $69,987
2015 $2,271 $4,846 $44,910 $73,986
2014 $2,180 $4,460 $52,725 $87,478
2013 $2,081 $4,137 $53,247 $87,526
2012 $2,126 $4,016 $53,142 $89,198
2011 $2,074 $3,901 $51,922 $89,665
2010 $1,893 $3,758 $44,795 $85,120
2009 $1,781 $3,656 $37,803 $84,780
2008 $1,732 $3,806 $50,054 $94,628
2007 $1,578 $3,664 $45,855 $100,813
2006 $1,426 $3,438 $44,343 $106,814
2005 $1,305 $3,204 $38,719 $101,301
2004 $1,215 $3,001 $33,377 $98,661
2003 $1,156 $2,821 $29,660 $92,636
2002 $1,132 $2,715 $27,754 $88,467
2001 $1,132 $2,645 $27,745 $90,370
2000 $1,093 $2,587 $29,866 $92,899
1999 $999 $2,372 $25,856 $87,658
1998 $989 $2,152 $24,889 $90,229
1997 $917 $1,959 $27,983 $96,009
1996 $813 $1,617 $28,323 $94,620
1995 $814 $1,329 $27,003 $93,702
1994 $736 $1,074 $25,473 $89,959
1993 $773 $838 $25,033 $86,330
1992 $782 $741 $25,648 $87,509
1991 $722 $684 $25,691 $87,250
1990 $750 $540 $26,710 $88,455
1989 $904 - $23,167 -
1988 $1,039 - $21,570 -
1987 $1,098 - $23,113 -
1986 $1,058 - $23,132 -
1985 $1,001 - $29,468 -
1984 $960 - $32,012 -
1983 $942 - $34,650 -
1982 $914 - $39,972 -
1981 $912 - $44,854 -
1980 $854 - $42,925 -
1979 $769 - $34,238 -
1978 $683 - $29,379 -
1977 $559 - $35,020 -
1976 $482 - $31,197 -
1975 $417 - $27,117 -
1974 $401 - $23,823 -
1973 $375 - $9,696 -
1972 $353 - $3,675 -
1971 $338 - $2,805 -
1970 $329 - $2,394 -
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/united-arab-emirates | CC BY

Honduras' GDP per capita is $3,426, ranking 136/197, compared to $50,274 in the United Arab Emirates, ranking 24/197. Adjusted for purchasing power (GDP per capita PPP), Honduras ranks 146th at $7,486, while the United Arab Emirates ranks 16th at $79,229.

Economic indicators

Honduras UAE
Gross domestic product
$37.1B
2024
$552B
2024
GDP rank
104/197
2024
27/197
2024
GDP growth
3.55%
2023-2024
3.99%
2023-2024
GDP per capita
$3,426
2024
$50,274
2024
GDP per capita rank
136/197
2024
24/197
2024
GDP per capita, PPP
$7,486
2024
$79,229
2024
GDP per capita PPP rank
146/197
2024
16/197
2024
Government debt
$17.5B
2024
$193B
2024
Debt-to-GDP ratio
47.1%
2024
34.9%
2024
Government debt per person
$1,613
2024
$17,568
2024
Government debt per person rank
126/185
2024
36/185
2024
Average annual personal income after taxes
$4,901
2026
$40,522
2026
Market capitalization of domestic companies n/a
$1.05T
2024
Number of millionaires n/a
339,000
2025
Number of billionaires n/a
6
2025
Income share by richest 10%
32.3%
2024
20.5%
2018
Income share by poorest 10%
1.2%
2024
2.8%
2018
Government expenditure, % of GDP
25.7%
2024
21.4%
2024
Consumer prices inflation
4.61%
2023-2024
1.7%
2023-2024
Central bank interest rate
5.75%
2024
3.65%
2025
Unemployment rate
4.91%
2024
1.88%
2024
Population
11237619
11686438

Spending and national debt comparison by year

Honduras
Spending

Debt
United Arab Emirates
Spending

Debt
1x
Year % of GDP
Honduras UAE
Government spending Government debt Government spending Government debt
2024 25.7% 47.1% 21.4% 34.9%
2023 27.2% 47.9% 22.7% 31.9%
2022 24% 51% 22.7% 31.5%
2021 28.8% 50.3% 25.9% 35.7%
2020 28.4% 52.5% 30.5% 30.1%
2019 25.9% 44.1% 27.4% 25.8%
2018 26.2% 43.5% 25.9% 20.7%
2017 26.9% 43.6% 27.2% 21.2%
2016 27.4% 40.3% 31.7% 18.6%
2015 26% 42.3% 26.4% 15.6%
2014 26.4% 43% 31.4% 13.5%
2013 28% 42.1% 28.9% 15.3%
2012 26.4% 32.4% 27.8% 20.2%
2011 25.9% 31.5% 29.6% 20.4%
2010 26.5% 28.9% 30.4% 18.3%
2009 28.4% 23.8% 35% 21.1%
2008 26.4% 22.3% 22% 8.95%
2007 24.4% 24% 17.7% 8.89%
2006 24.4% 39.2% 15.6% 5.05%
2005 23.6% 55.6% 15.7% 4.48%
2004 25.5% 60.9% 17.7% 4.08%
2003 26.4% 67.8% 20% 3.33%
2002 26.8% 64.2% 21.3% 3.43%
2001 25.1% 63.4% 25.2% 2.69%
2000 22.1% 65.8% 21.8% 3.12%
1999 23.3% 75.8% 24.3% 4.73%
1998 19.4% 67.4% 25.8% 4.18%
1997 19.4% 70.8% 22.6% 2.86%
1996 18.7% 64.6% 27.6% 3.48%
1995 17.2% 65.4% 26.1% 5.06%
1994 19.2% 86.4% 30.1% 5.58%
1993 23.7% 108% 31.5% 6.01%
1992 20.5% 116.5% 29.6% 5.31%
1991 18.8% 122.2% 36% 4.97%
1990 16.4% 200.3% - -
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 (1960–1998, retrieved 2026-02-20).

GeoRank.org/economy/honduras/united-arab-emirates | CC BY

In 2024, Honduras' government spending was $9.52B, accounting for 25.7% of its GDP, while the United Arab Emirates spent $118B, or 21.4% of GDP.

Debt-to-GDP ratio is 47.1% in Honduras and 34.9% in the United Arab Emirates, ranking 115/185 and 146/185, respectively.

Government deficit by year

Deficit/surplus
Honduras

United Arab Emirates
1x
Year Deficit/surplus, % of GDP
Honduras UAE
2024 -1.12% 6.41%
2023 -1.96% 5.82%
2022 1.57% 9.8%
2021 -3.17% 3.96%
2020 -4.58% -2.42%
2019 0.09% 2.5%
2018 0.2% 3.65%
2017 -0.41% -0.16%
2016 -0.4% -2.95%
2015 -0.78% -6.35%
2014 -2.81% 1.74%
2013 -5.48% 7.99%
2012 -3.48% 8.59%
2011 -2.94% 5.05%
2010 -3.37% 0.52%
2009 -4.86% -6.13%
2008 -0.27% 17.6%
2007 -0.25% 17.1%
2006 -1.36% 20.2%
2005 -0.03% 16%
2004 -2.48% 6.4%
2003 -5.09% 2.35%
2002 -5.02% -1.24%
2001 -3.12% 1.21%
2000 1.51% 10.7%
1999 1.38% 1.31%
1998 2.89% 1%
1997 0.08% 6.71%
1996 0.13% 0.92%
1995 -0.24% 3.58%
1994 -0.98% -1.78%
1993 -5.03% -2.89%
1992 -1.41% 3.34%
1991 -1.95% 3.89%
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/united-arab-emirates | CC BY

In 2024, Honduras' government deficit, the difference between spending and revenue, was $415M, equivalent to 1.12% of GDP. This compares to the United Arab Emirates' surplus of $35.4B, or 6.41% of GDP.

Over the past 34 years, Honduras recorded a fiscal deficit in 26 of those years, while the United Arab Emirates ran a deficit in 8 years. On average, Honduras posted an annual deficit equal to 1.61% of GDP, compared to surplus of 4.25% of GDP for the United Arab Emirates.

Inflation comparison by year

Inflation
Honduras

United Arab Emirates
1x
Year Consumer prices inflation
Honduras UAE
2024 4.61% 1.7%
2023 6.66% 1.6%
2022 9.09% 4.8%
2021 4.48% -0.1%
2020 3.47% -2.1%
2019 4.37% -1.9%
2018 4.35% 3.1%
2017 3.93% 2%
2016 2.72% 1.6%
2015 3.16% 4.1%
2014 6.13% 2.3%
2013 5.16% 1.1%
2012 5.2% 0.7%
2011 6.76% 0.9%
2010 4.7% 0.9%
2009 5.5% -4.7%
2008 11.4% 12.3%
2007 6.94% 11.1%
2006 5.58% 9.3%
2005 8.81% 6.2%
2004 8.11% 5%
2003 7.67% 3.1%
2002 7.69% 2.9%
2001 9.67% 2.8%
2000 11% 1.3%
1999 11.7% 2.1%
1998 13.7% 2%
1997 20.2% 3%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/honduras/united-arab-emirates | CC BY

Over the past 28 years, Honduras has recorded an average annual inflation rate of 7.24%, compared with 2.75% in the United Arab Emirates. In 2024, inflation was 4.61% in Honduras and 1.7% in the United Arab Emirates.

Top exports between countries

Honduras
Export category Export value
Raw agricultural goods $2.4M
Processed food, beverages & tobacco $1.03M
Animal & marine products $454K
Machinery & equipment $110K
Metals $47K
Wood & paper products $37K
Raw materials & minerals $4K
Precious metals & jewellery $3K
Chemicals & pharma $2K
Miscellaneous $1K
UAE
Export category Export value
Metals $2.83M
Machinery & equipment $2.7M
Raw materials & minerals $2.05M
Chemicals & pharma $1.56M
Processed food, beverages & tobacco $1.47M
Precious metals & jewellery $552K
Textiles & consumer goods $289K
Wood & paper products $92K

Balance of trade

Honduras UAE
Current account balance
-$1.65B
2024
$80B
2024
Current account balance ranking
137/190
2024
9/190
2024
Current account balance, % of GDP
-4.45%
2024
+14.5%
2024
Goods imports
$14.6B
2024
$400B
2024
Goods exports
$5.67B
2024
$467B
2024
Service imports
$3.67B
2024
$117B
2024
Service exports
$3.75B
2024
$181B
2024
Imports of goods and services, % of GDP
57.6%
2024
92.2%
2023
Exports of goods and services, % of GDP
33.5%
2024
106.8%
2023

Economic freedom indices

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

Honduras UAE
Economic freedom 59.1 71.9
Economic freedom ranking 105/197 29/197
Property rights 35.7 62.9
Government integrity 24.6 65.3
Judicial effectiveness 27.6 34.4
Tax burden 83.1 99.9
Government spending 80.3 85.1
Fiscal health 95.2 97.6
Business freedom 59.4 84.5
Labor freedom 37.9 63.2
Monetary freedom 70.1 81.2
Trade freedom 69.8 78.6
Investment freedom 65 50
Financial freedom 60 60

Economic freedom comparison by year

Honduras
United Arab Emirates
1x
Year Economic freedom index
Honduras UAE
2026 59.1 71.9
2025 59.6 71.6
2024 58.6 71.1
2023 58.7 70.9
2022 59.5 70.2
2021 59.8 76.9
2020 61.1 76.2
2019 60.2 77.6
2018 60.6 77.6
2017 58.8 76.9
2016 57.7 72.6
2015 57.4 72.4
2014 57.1 71.4
2013 58.4 71.1
2012 58.8 69.3
2011 58.6 67.8
2010 58.3 67.3
2009 58.7 64.7
2008 58.9 62.6
2007 59.1 62.6
2006 57.4 62.2
2005 55.3 65.2
2004 55.3 67.2
2003 60.4 73.4
2002 58.7 73.6
2001 57 74.9
2000 57.6 74.2
1999 56.7 71.5
1998 56.2 72.2
1997 56 71.9
1996 56.6 71.6
1995 57 -

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

GeoRank.org/economy/honduras/united-arab-emirates | CC BY

The Economic Freedom Index for Honduras is 59.1, ranking 105/197, compared to 71.9 for the United Arab Emirates, ranking 29/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Honduras UAE
Services, % of GDP
58.4%
2024
54.9%
2024
Industry, % of GDP
26.1%
2024
44.3%
2024
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
0.77%
2024
GNI, Atlas method
$32.7B
2024
$566B
2024
GNI per capita, PPP
$6,900
2024
$81,530
2024
Total reserves including gold
$8.04B
2024
$238B
2024
Total reserves ranking
84/177
2024
14/177
2024
Net foreign direct investment
-$620M
2024
$31.5B
2024
Net inflows of foreign direct investment
$1.31B
2024
$45.6B
2024
Net outflows of foreign direct investment
$689M
2024
$77.2B
2024
Servicing debt to the IMF, % of GNI
5.23%
2024
n/a
Poverty at national poverty lines
62.9%
2024
19.5%
2020
Gross capital formation, % of GDP
22.5%
2024
26.6%
2023

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/united-arab-emirates | 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 (1927–1998, 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 (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.