Tax revenue as a share of GDP reached 17.3 % in 2015 in Honduras, according to the National Statistical Office. This is 4.85 % more than in the previous year.
Historically, tax revenue as a share of GDP in Honduras reached an all time high of 17.3 % in 2015 and an all time low of 7.90 % in 1978. When compared to Honduras's main peers, tax revenue as a share of GDP in Belize amounted to 24.5 %, 10.2 % in Guatemala, 12.8 % in Mexico and 11.2 % in USA in 2015.
Honduras has been ranked 54th within the group of 120 countries we follow in terms of tax revenue as a share of GDP, 15 places above the position seen 10 years ago.
Tax revenue refers to compulsory transfers to the central government for public purposes.