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Economy of Honduras vs Zimbabwe compared: GDP & Debt

Updated on by Georank team

Honduras has a GDP of $37.1B compared to $41.5B for Zimbabwe, ranking 104/197 and 102/197 by economy size, respectively.

Honduras has $17.5B in government debt (47.1% of GDP), compared to $30.3B (73% of GDP) in Zimbabwe.

Honduras vs Zimbabwe GDP by year

Honduras
Zimbabwe
1x
Year GDP, current $
Honduras Zimbabwe
2024 $37,093,565,854 $41,539,411,516
2023 $34,355,805,528 $35,871,779,681
2022 $31,426,041,807 $40,757,561,709
2021 $28,144,331,507 $41,287,673,690
2020 $23,352,232,484 $31,980,334,561
2019 $24,882,225,742 $33,357,695,635
2018 $24,067,750,760 $34,141,666,667
2017 $23,136,247,991 $51,035,657,371
2016 $21,717,604,952 $20,559,250,000
2015 $20,979,791,685 $19,973,250,000
2014 $19,756,533,972 $19,505,500,000
2013 $18,499,729,215 $19,100,750,000
2012 $18,528,554,398 $17,123,500,000
2011 $17,710,275,685 $14,109,000,000
2010 $15,839,344,592 $12,047,750,000
2009 $14,587,496,229 $9,670,750,000
2008 $13,881,731,876 $4,418,000,000
2007 $12,361,257,681 $5,294,750,000
2006 $10,917,477,066 $5,446,750,000
2005 $9,757,012,697 $5,758,250,000
2004 $8,869,299,234 $5,808,500,000
2003 $8,230,391,347 $5,730,500,000
2002 $7,858,255,413 $6,345,250,000
2001 $7,651,162,302 $6,780,750,000
2000 $7,186,638,029 $6,693,250,000
1999 $6,394,090,592 $6,861,500,000
1998 $6,163,707,533 $6,405,250,000
1997 $5,569,178,707 $8,534,000,000
1996 $4,798,834,459 $8,557,500,000
1995 $4,672,346,194 $7,115,000,000
1994 $4,105,686,899 $6,894,250,000
1993 $4,190,773,622 $6,567,250,000
1992 $4,122,846,905 $6,755,000,000
1991 $3,699,381,195 $8,646,000,000
1990 $3,734,460,117 $8,788,301,546
1989 $4,375,896,552 $8,290,553,535
1988 $4,892,660,944 $7,818,774,177
1987 $5,024,800,000 $6,744,657,033
1986 $4,706,100,000 $6,220,698,247
1985 $4,328,300,000 $5,640,137,575
1984 $4,029,900,000 $6,355,369,172
1983 $3,840,550,000 $7,768,031,182
1982 $3,619,500,000 $8,544,060,905
1981 $3,501,800,000 $8,015,464,252
1980 $3,184,400,000 $6,682,278,300
1979 $2,778,900,000 $5,180,102,910
1978 $2,393,650,000 $4,353,822,343
1977 $1,900,700,000 $4,366,610,469
1976 $1,589,300,000 $4,320,576,877
1975 $1,330,050,000 $4,373,532,601
1974 $1,243,000,000 $3,984,194,614
1973 $1,128,299,436 $3,311,043,292
1972 $1,030,645,362 $2,679,096,597
1971 $958,450,000 $2,179,828,710
1970 $904,400,000 $1,885,168,339
1969 $844,400,000 $1,748,891,294
1968 $815,450,000 $1,480,355,355
1967 $750,950,000 $1,397,715,282
1966 $692,150,000 $1,282,403,936
1965 $651,050,000 $1,312,105,394
1964 $591,100,000 $1,217,759,447
1963 $553,500,000 $1,160,103,724
1962 $532,450,000 $1,118,172,226
1961 $503,300,000 $1,097,206,526
1960 $475,650,000 $1,053,528,036

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

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

GDP per capita in Honduras vs Zimbabwe by year

Honduras
GDP per capita

GDP per capita, PPP
Zimbabwe
GDP per capita

GDP per capita, PPP
1x
Year Current $
Honduras Zimbabwe
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,426 $7,486 $2,497 $5,928
2023 $3,227 $7,178 $2,195 $5,791
2022 $3,003 $6,805 $2,536 $5,396
2021 $2,735 $6,203 $2,614 $4,827
2020 $2,308 $5,385 $2,060 $4,179
2019 $2,502 $5,785 $2,184 $4,166
2018 $2,465 $5,633 $2,271 $3,993
2017 $2,413 $5,621 $3,445 $10,756
2016 $2,307 $5,186 $1,408 $4,275
2015 $2,271 $4,846 $1,387 $4,046
2014 $2,180 $4,460 $1,373 $3,903
2013 $2,081 $4,137 $1,363 $3,784
2012 $2,126 $4,016 $1,239 $3,472
2011 $2,074 $3,901 $1,038 $3,047
2010 $1,893 $3,758 $902 $2,661
2009 $1,781 $3,656 $736 $2,233
2008 $1,732 $3,806 $341 $1,987
2007 $1,578 $3,664 $414 $2,396
2006 $1,426 $3,438 $431 $2,454
2005 $1,305 $3,204 $461 $2,496
2004 $1,215 $3,001 $470 $2,591
2003 $1,156 $2,821 $468 $2,708
2002 $1,132 $2,715 $525 $3,238
2001 $1,132 $2,645 $566 $3,533
2000 $1,093 $2,587 $563 $3,429
1999 $999 $2,372 $582 $3,491
1998 $989 $2,152 $552 $3,527
1997 $917 $1,959 $751 $3,457
1996 $813 $1,617 $767 $3,372
1995 $814 $1,329 $648 $3,051
1994 $736 $1,074 $634 $3,012
1993 $773 $838 $605 $2,703
1992 $782 $741 $631 $2,651
1991 $722 $684 $831 $2,930
1990 $750 $540 $867 $2,757
1989 $904 - $840 -
1988 $1,039 - $816 -
1987 $1,098 - $726 -
1986 $1,058 - $693 -
1985 $1,001 - $649 -
1984 $960 - $757 -
1983 $942 - $959 -
1982 $914 - $1,096 -
1981 $912 - $1,069 -
1980 $854 - $949 -
1979 $769 - $779 -
1978 $683 - $665 -
1977 $559 - $677 -
1976 $482 - $687 -
1975 $417 - $717 -
1974 $401 - $674 -
1973 $375 - $579 -
1972 $353 - $483 -
1971 $338 - $406 -
1970 $329 - $361 -
1969 $316 - $346 -
1968 $314 - $302 -
1967 $298.2 - $294.4 -
1966 $282.9 - $278.7 -
1965 $273.9 - $294.3 -
1964 $255.9 - $281.9 -
1963 $246.6 - $277.1 -
1962 $244 - $275.7 -
1961 $237.3 - $279.2 -
1960 $230.7 - $276.6 -

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

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

Honduras' GDP per capita is $3,426, ranking 136/197, compared to $2,497 in Zimbabwe, ranking 148/197. Adjusted for purchasing power (GDP per capita PPP), Honduras ranks 146th at $7,486, while Zimbabwe ranks 154th at $5,928.

Economic indicators

Honduras Zimbabwe
Gross domestic product
$37.1B
2024
$41.5B
2024
GDP rank
104/197
2024
102/197
2024
GDP growth
3.55%
2023-2024
1.74%
2023-2024
GDP per capita
$3,426
2024
$2,497
2024
GDP per capita rank
136/197
2024
148/197
2024
GDP per capita, PPP
$7,486
2024
$5,928
2024
GDP per capita PPP rank
146/197
2024
154/197
2024
Government debt
$17.5B
2024
$30.3B
2024
Debt-to-GDP ratio
47.1%
2024
73%
2024
Government debt per person
$1,613
2024
$1,824
2024
Government debt per person rank
126/185
2024
121/185
2024
Average annual personal income after taxes
$4,901
2026
$2,897
2026
Market capitalization of domestic companies n/a
$2.46B
1999
Number of billionaires n/a
1
2025
Income share by richest 10%
32.3%
2024
40.5%
2019
Income share by poorest 10%
1.2%
2024
1.9%
2019
Government expenditure, % of GDP
25.7%
2024
12.9%
2024
Consumer prices inflation
4.61%
2023-2024
736%
2023-2024
Central bank interest rate
5.75%
2024
35%
2024
Unemployment rate
4.91%
2024
12.1%
2024
Population
11237619
17361868

Spending and national debt comparison by year

Honduras
Spending

Debt
Zimbabwe
Spending

Debt
1x
Year % of GDP
Honduras Zimbabwe
Government spending Government debt Government spending Government debt
2024 25.7% 47.1% 12.9% 73%
2023 27.2% 47.9% 15.5% 76.1%
2022 24% 51% 14.4% 66.8%
2021 28.8% 50.3% 12.8% 39.9%
2020 28.4% 52.5% 9.27% 56.8%
2019 25.9% 44.1% 9.36% 53.9%
2018 26.2% 43.5% 13.9% 33%
2017 26.9% 43.6% 19.8% 49%
2016 27.4% 40.3% 16.6% 35.1%
2015 26% 42.3% 14.7% 34.1%
2014 26.4% 43% 14.1% 29.2%
2013 28% 42.1% 14.7% 26.4%
2012 26.4% 32.4% 14.6% 27.2%
2011 25.9% 31.5% 16.2% 30%
2010 26.5% 28.9% 12.8% 33.2%
2009 28.4% 23.8% 7.93% 39.7%
2008 26.4% 22.3% 2.54% 41.3%
2007 24.4% 24% 3.43% 30.2%
2006 24.4% 39.2% 5.72% 26.7%
2005 23.6% 55.6% 10.5% 22.4%
2004 25.5% 60.9% - -
2003 26.4% 67.8% - -
2002 26.8% 64.2% - -
2001 25.1% 63.4% - -
2000 22.1% 65.8% - -
1999 23.3% 75.8% - -
1998 19.4% 67.4% - -
1997 19.4% 70.8% - -
1996 18.7% 64.6% - -
1995 17.2% 65.4% - -
1994 19.2% 86.4% - -
1993 23.7% 108% - -
1992 20.5% 116.5% - -
1991 18.8% 122.2% - -
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 (1960–1989, retrieved 2026-02-20).

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

In 2024, Honduras' government spending was $9.52B, accounting for 25.7% of its GDP, while Zimbabwe spent $5.37B, or 12.9% of GDP.

Debt-to-GDP ratio is 47.1% in Honduras and 73% in Zimbabwe, ranking 115/185 and 50/185, respectively.

Government deficit by year

Deficit/surplus
Honduras

Zimbabwe
1x
Year Deficit/surplus, % of GDP
Honduras Zimbabwe
2024 -1.12% -1.06%
2023 -1.96% -3.9%
2022 1.57% -3.3%
2021 -3.17% -2.24%
2020 -4.58% -0.34%
2019 0.09% -1.72%
2018 0.2% -3.81%
2017 -0.41% -7.37%
2016 -0.4% -4.63%
2015 -0.78% -1.45%
2014 -2.81% -0.71%
2013 -5.48% -0.69%
2012 -3.48% -0.13%
2011 -2.94% -1.72%
2010 -3.37% -0.11%
2009 -4.86% -1.39%
2008 -0.27% -1.2%
2007 -0.25% -1.67%
2006 -1.36% -1.4%
2005 -0.03% -3.46%
2004 -2.48% -
2003 -5.09% -
2002 -5.02% -
2001 -3.12% -
2000 1.51% -
1999 1.38% -
1998 2.89% -
1997 0.08% -
1996 0.13% -
1995 -0.24% -
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) | 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/zimbabwe | CC BY

In 2024, Honduras' government deficit, the difference between spending and revenue, was $415M, equivalent to 1.12% of GDP. This compares to Zimbabwe's deficit of $438M, or 1.06% of GDP.

Over the past 20 years, Honduras recorded a fiscal deficit in 17 of those years, while Zimbabwe ran a deficit in 20 years. On average, Honduras posted an annual deficit equal to 1.77% of GDP, compared to deficit of 2.11% of GDP for Zimbabwe.

Inflation comparison by year

Inflation
Honduras

Zimbabwe
1x
Year Consumer prices inflation
Honduras Zimbabwe
2024 4.61% 736%
2023 6.66% 667%
2022 9.09% 193.4%
2021 4.48% 98.5%
2020 3.47% 557%
2019 4.37% 255.3%
2018 4.35% 10.6%
2017 3.93% 0.9%
2016 2.72% -1.6%
2015 3.16% -2.4%
2014 6.13% -0.2%
2013 5.16% 1.6%
2012 5.2% 3.7%
2011 6.76% 3.5%
2010 4.7% 3%
2009 5.5% 6.2%
2008 11.4% 157%
2007 6.94% -72.7%
2006 5.58% 33%
2005 8.81% -31.5%
2004 8.11% 113.6%
2003 7.67% -8.6%
2002 7.69% -34.4%
2001 9.67% -37.2%
2000 11% 4.5%
1999 11.7% -13.4%
1998 13.7% -28%
1997 20.2% -1%

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/zimbabwe | CC BY

Over the past 28 years, Honduras has recorded an average annual inflation rate of 7.24%, compared with 93.4% in Zimbabwe. In 2024, inflation was 4.61% in Honduras and 736% in Zimbabwe.

Top exports between countries

Honduras
Export category Export value
Machinery & equipment $7K
Zimbabwe
Export category Export value
Textiles & consumer goods $7K

Balance of trade

Honduras Zimbabwe
Current account balance
-$1.65B
2024
$501M
2024
Current account balance ranking
137/190
2024
62/190
2024
Current account balance, % of GDP
-4.45%
2024
+1.21%
2024
Goods imports
$14.6B
2024
$9.06B
2024
Goods exports
$5.67B
2024
$7.79B
2024
Service imports
$3.67B
2024
$1.66B
2024
Service exports
$3.75B
2024
$457M
2024
Imports of goods and services, % of GDP
57.6%
2024
23.4%
2024
Exports of goods and services, % of GDP
33.5%
2024
18%
2024

Economic freedom indices

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

Honduras Zimbabwe
Economic freedom 59.1 35.2
Economic freedom ranking 105/197 190/197
Property rights 35.7 19.4
Government integrity 24.6 20.7
Judicial effectiveness 27.6 16.8
Tax burden 83.1 73.6
Government spending 80.3 93.9
Fiscal health 95.2 52.4
Business freedom 59.4 42
Labor freedom 37.9 33.3
Monetary freedom 70.1 0
Trade freedom 69.8 50.4
Investment freedom 65 10
Financial freedom 60 10

Economic freedom comparison by year

Honduras
Zimbabwe
1x
Year Economic freedom index
Honduras Zimbabwe
2026 59.1 35.2
2025 59.6 35.1
2024 58.6 38.2
2023 58.7 39
2022 59.5 33.1
2021 59.8 39.5
2020 61.1 43.1
2019 60.2 40.4
2018 60.6 44
2017 58.8 44
2016 57.7 38.2
2015 57.4 37.6
2014 57.1 35.5
2013 58.4 28.6
2012 58.8 26.3
2011 58.6 22.1
2010 58.3 21.4
2009 58.7 22.7
2008 58.9 29.5
2007 59.1 32
2006 57.4 33.5
2005 55.3 35.2
2004 55.3 34.4
2003 60.4 36.7
2002 58.7 36.7
2001 57 38.8
2000 57.6 48.7
1999 56.7 47.2
1998 56.2 44.6
1997 56 48
1996 56.6 46.7
1995 57 48.5

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

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

The Economic Freedom Index for Honduras is 59.1, ranking 105/197, compared to 35.2 for Zimbabwe, ranking 190/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Honduras Zimbabwe
Services, % of GDP
58.4%
2024
50.6%
2024
Industry, % of GDP
26.1%
2024
35%
2024
Agriculture, forestry, and fishing, % of GDP
11.2%
2024
8.69%
2024
GNI, Atlas method
$32.7B
2024
$39.9B
2024
GNI per capita, PPP
$6,900
2024
$5,870
2024
Total reserves including gold
$8.04B
2024
$485M
2024
Total reserves ranking
84/177
2024
157/177
2024
Net foreign direct investment
-$620M
2024
-$465M
2024
Net inflows of foreign direct investment
$1.31B
2024
$465M
2024
Net outflows of foreign direct investment
$689M
2024
$131M
2024
Servicing debt to the IMF, % of GNI
5.23%
2024
3.44%
2024
Poverty at national poverty lines
62.9%
2024
38.3%
2019
Gross capital formation, % of GDP
22.5%
2024
8.85%
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/zimbabwe | 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. TradeMap (2023–2024, 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.