Paying taxes: Profit tax in Honduras
Honduras: Paying taxes: Profit tax was 29.2% in 2019. ▲ Rising
Paying taxes: Profit tax in Honduras, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
Honduras recorded 29.2% for paying taxes: profit tax in 2019.
That represents a change of down 6.4% on the previous year and up 15.9% over ten years.
Over the whole period, paying taxes: profit tax in Honduras peaked at 31.3% in 2015 and was at its lowest, 25.2%, in 2005.
That places Honduras 15th out of 190 countries with data for 2019, putting it in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Profit tax in Honduras, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 25.2% | — |
| 2006 | 25.2% | +0.0% |
| 2007 | 25.2% | +0.0% |
| 2008 | 25.2% | +0.0% |
| 2009 | 25.2% | +0.0% |
| 2010 | 25.2% | +0.0% |
| 2011 | 26.7% | +6.0% |
| 2012 | 28.7% | +7.5% |
| 2013 | 30.7% | +7.0% |
| 2014 | 29.9% | -2.6% |
| 2015 | 31.3% | +4.7% |
| 2016 | 31.3% | +0.0% |
| 2017 | 31.3% | +0.0% |
| 2018 | 31.2% | -0.3% |
| 2019 | 29.2% | -6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.2% | 25.2% | 25.2% | 5 |
| 2010s | 29.6% | 25.2% | 31.3% | 10 |
Countries ranked near Honduras
More reference data data for Honduras
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.3649 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.7924 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.1 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0527 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.1 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.22 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.4642 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 4.36 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 10.01 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.287 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Honduras?
- Paying taxes: profit tax in Honduras was 29.2% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Honduras?
- The highest recorded value was 31.3% in 2015.
- What is the lowest paying taxes: profit tax recorded in Honduras?
- The lowest recorded value was 25.2% in 2005.
- How does Honduras rank for paying taxes: profit tax?
- Honduras ranks 15th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Honduras?
- Over the last ten years it is up 15.9%. The long-run trend across the full record is rising.
- Where does this Honduras data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.