Military spending in Honduras

Honduras: Military spending was 583.42 million constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
583.42 million constant 2022 US$
Change on year
up 10.5%
World rank
104th
of 172 countries
All-time high
583.42 million constant 2022 US$
in 2023
All-time low
9.65 million constant 2022 US$
in 1903
Years of data
125
1899–2023

Military spending in Honduras, 1899–2023

0200.0M400.0M600.0M189919612023

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

Honduras recorded 583.42 million constant 2022 US$ for military spending in 2023. That is the highest value across all 125 years on record.

That represents a change of up 10.5% on the previous year and up 144.9% over ten years.

Over the whole period, military spending in Honduras peaked at 583.42 million constant 2022 US$ in 2023 and was at its lowest, 9.65 million constant 2022 US$, in 1903.

Honduras ranks 104th of 172 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending in Honduras, year by year

Annual values for Military spending in Honduras, 1899 to 2023.
Year constant 2022 US$ Change
1899 11.20 million constant 2022 US$
1900 10.50 million constant 2022 US$ -6.2%
1901 10.10 million constant 2022 US$ -3.8%
1902 10.34 million constant 2022 US$ +2.3%
1903 9.65 million constant 2022 US$ -6.7%
1904 10.93 million constant 2022 US$ +13.3%
1905 11.29 million constant 2022 US$ +3.3%
1906 13.86 million constant 2022 US$ +22.8%
1907 15.93 million constant 2022 US$ +14.9%
1908 15.71 million constant 2022 US$ -1.3%
1909 16.23 million constant 2022 US$ +3.3%
1910 15.11 million constant 2022 US$ -6.9%
1911 14.64 million constant 2022 US$ -3.1%
1912 15.76 million constant 2022 US$ +7.7%
1913 18.34 million constant 2022 US$ +16.4%
1914 17.01 million constant 2022 US$ -7.3%
1915 19.69 million constant 2022 US$ +15.8%
1916 19.10 million constant 2022 US$ -3.0%
1917 17.07 million constant 2022 US$ -10.6%
1918 15.88 million constant 2022 US$ -7.0%
1919 13.11 million constant 2022 US$ -17.4%
1920 11.80 million constant 2022 US$ -10.0%
1921 13.60 million constant 2022 US$ +15.3%
1922 13.93 million constant 2022 US$ +2.4%
1923 13.78 million constant 2022 US$ -1.1%
1924 12.80 million constant 2022 US$ -7.1%
1925 13.01 million constant 2022 US$ +1.7%
1926 12.48 million constant 2022 US$ -4.1%
1927 12.01 million constant 2022 US$ -3.7%
1928 11.58 million constant 2022 US$ -3.6%
1929 11.43 million constant 2022 US$ -1.3%
1930 10.75 million constant 2022 US$ -5.9%
1931 10.89 million constant 2022 US$ +1.3%
1932 11.21 million constant 2022 US$ +3.0%
1933 11.39 million constant 2022 US$ +1.6%
1934 15.53 million constant 2022 US$ +36.3%
1935 16.32 million constant 2022 US$ +5.1%
1936 16.72 million constant 2022 US$ +2.5%
1937 16.93 million constant 2022 US$ +1.3%
1938 18.34 million constant 2022 US$ +8.3%
1939 17.67 million constant 2022 US$ -3.7%
1940 17.95 million constant 2022 US$ +1.6%
1941 18.96 million constant 2022 US$ +5.6%
1942 17.12 million constant 2022 US$ -9.7%
1943 16.56 million constant 2022 US$ -3.2%
1944 17.40 million constant 2022 US$ +5.1%
1945 20.29 million constant 2022 US$ +16.6%
1946 21.99 million constant 2022 US$ +8.4%
1947 25.60 million constant 2022 US$ +16.4%
1948 29.63 million constant 2022 US$ +15.8%
1949 30.75 million constant 2022 US$ +3.7%
1950 26.59 million constant 2022 US$ -13.5%
1951 26.63 million constant 2022 US$ +0.2%
1952 27.91 million constant 2022 US$ +4.8%
1953 28.86 million constant 2022 US$ +3.4%
1954 28.30 million constant 2022 US$ -1.9%
1955 28.55 million constant 2022 US$ +0.9%
1956 36.01 million constant 2022 US$ +26.1%
1957 39.59 million constant 2022 US$ +10.0%
1958 39.05 million constant 2022 US$ -1.4%
1959 35.54 million constant 2022 US$ -9.0%
1960 34.13 million constant 2022 US$ -4.0%
1961 40.55 million constant 2022 US$ +18.8%
1962 44.27 million constant 2022 US$ +9.2%
1963 44.64 million constant 2022 US$ +0.8%
1964 41.61 million constant 2022 US$ -6.8%
1965 42.96 million constant 2022 US$ +3.3%
1966 42.63 million constant 2022 US$ -0.8%
1967 42.33 million constant 2022 US$ -0.7%
1968 38.86 million constant 2022 US$ -8.2%
1969 58.13 million constant 2022 US$ +49.6%
1970 49.99 million constant 2022 US$ -14.0%
1971 54.67 million constant 2022 US$ +9.4%
1972 67.77 million constant 2022 US$ +24.0%
1973 68.74 million constant 2022 US$ +1.4%
1974 66.82 million constant 2022 US$ -2.8%
1975 78.83 million constant 2022 US$ +18.0%
1976 85.47 million constant 2022 US$ +8.4%
1977 95.57 million constant 2022 US$ +11.8%
1978 115.13 million constant 2022 US$ +20.5%
1979 127.08 million constant 2022 US$ +10.4%
1980 142.65 million constant 2022 US$ +12.2%
1981 133.68 million constant 2022 US$ -6.3%
1982 153.00 million constant 2022 US$ +14.5%
1983 162.80 million constant 2022 US$ +6.4%
1984 174.03 million constant 2022 US$ +6.9%
1985 172.37 million constant 2022 US$ -0.9%
1986 176.24 million constant 2022 US$ +2.2%
1987 186.50 million constant 2022 US$ +5.8%
1988 181.04 million constant 2022 US$ -2.9%
1989 165.22 million constant 2022 US$ -8.7%
1990 115.73 million constant 2022 US$ -30.0%
1991 95.87 million constant 2022 US$ -17.2%
1992 90.29 million constant 2022 US$ -5.8%
1993 84.66 million constant 2022 US$ -6.2%
1994 88.85 million constant 2022 US$ +4.9%
1995 100.09 million constant 2022 US$ +12.7%
1996 119.88 million constant 2022 US$ +19.8%
1997 136.99 million constant 2022 US$ +14.3%
1998 143.56 million constant 2022 US$ +4.8%
1999 133.35 million constant 2022 US$ -7.1%
2000 117.28 million constant 2022 US$ -12.1%
2001 109.16 million constant 2022 US$ -6.9%
2002 97.85 million constant 2022 US$ -10.4%
2003 87.74 million constant 2022 US$ -10.3%
2004 82.39 million constant 2022 US$ -6.1%
2005 78.67 million constant 2022 US$ -4.5%
2006 85.82 million constant 2022 US$ +9.1%
2007 105.06 million constant 2022 US$ +22.4%
2008 126.35 million constant 2022 US$ +20.3%
2009 148.55 million constant 2022 US$ +17.6%
2010 165.09 million constant 2022 US$ +11.1%
2011 183.38 million constant 2022 US$ +11.1%
2012 192.41 million constant 2022 US$ +4.9%
2013 238.23 million constant 2022 US$ +23.8%
2014 253.42 million constant 2022 US$ +6.4%
2015 293.79 million constant 2022 US$ +15.9%
2016 342.96 million constant 2022 US$ +16.7%
2017 381.77 million constant 2022 US$ +11.3%
2018 417.37 million constant 2022 US$ +9.3%
2019 469.97 million constant 2022 US$ +12.6%
2020 490.20 million constant 2022 US$ +4.3%
2021 503.53 million constant 2022 US$ +2.7%
2022 528.17 million constant 2022 US$ +4.9%
2023 583.42 million constant 2022 US$ +10.5%

Honduras compared with similar countries

  • Honduras's 583.42 million constant 2022 US$ is above the median for lower middle income countries, which is 485.52 million constant 2022 US$, 1.2× the median. (42 countries reporting)
  • Honduras's 583.42 million constant 2022 US$ is above the median for Latin America & Caribbean, which is 509.92 million constant 2022 US$, 1.1× the median. (27 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1890s 11.20 million constant 2022 US$ 11.20 million constant 2022 US$ 11.20 million constant 2022 US$ 1
1900s 12.45 million constant 2022 US$ 9.65 million constant 2022 US$ 16.23 million constant 2022 US$ 10
1910s 16.57 million constant 2022 US$ 13.11 million constant 2022 US$ 19.69 million constant 2022 US$ 10
1920s 12.64 million constant 2022 US$ 11.43 million constant 2022 US$ 13.93 million constant 2022 US$ 10
1930s 14.58 million constant 2022 US$ 10.75 million constant 2022 US$ 18.34 million constant 2022 US$ 10
1940s 21.63 million constant 2022 US$ 16.56 million constant 2022 US$ 30.75 million constant 2022 US$ 10
1950s 31.70 million constant 2022 US$ 26.59 million constant 2022 US$ 39.59 million constant 2022 US$ 10
1960s 43.01 million constant 2022 US$ 34.13 million constant 2022 US$ 58.13 million constant 2022 US$ 10
1970s 81.01 million constant 2022 US$ 49.99 million constant 2022 US$ 127.08 million constant 2022 US$ 10
1980s 164.75 million constant 2022 US$ 133.68 million constant 2022 US$ 186.50 million constant 2022 US$ 10
1990s 110.93 million constant 2022 US$ 84.66 million constant 2022 US$ 143.56 million constant 2022 US$ 10
2000s 103.89 million constant 2022 US$ 78.67 million constant 2022 US$ 148.55 million constant 2022 US$ 10
2010s 293.84 million constant 2022 US$ 165.09 million constant 2022 US$ 469.97 million constant 2022 US$ 10
2020s 526.33 million constant 2022 US$ 490.20 million constant 2022 US$ 583.42 million constant 2022 US$ 4

Countries ranked near Honduras

  1. 101 Botswana 639.15 million constant 2022 US$ compare
  2. 102 Turkmenistan 609.92 million constant 2022 US$ compare
  3. 103 Costa Rica 601.28 million constant 2022 US$ compare
  4. 105 Zimbabwe 578.61 million constant 2022 US$ compare
  5. 106 Afghanistan 571.73 million constant 2022 US$ compare
  6. 107 Brunei 566.79 million constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for Honduras

All data for Honduras →

Frequently asked questions

What is military spending in Honduras?
Military spending in Honduras was 583.42 million constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Honduras?
The highest recorded value was 583.42 million constant 2022 US$ in 2023.
What is the lowest military spending recorded in Honduras?
The lowest recorded value was 9.65 million constant 2022 US$ in 1903.
How does Honduras rank for military spending?
Honduras ranks 104th out of 172 countries with data for 2023.
Is military spending rising or falling in Honduras?
Over the last ten years it is up 144.9%. The long-run trend across the full record is volatile.
Where does this Honduras data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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Military spending in Honduras. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/honduras/

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About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.