Paying taxes: Total tax and contribution rate in Honduras
Honduras: Paying taxes: Total tax and contribution rate was 39.1% in 2019. ▲ Rising
Paying taxes: Total tax and contribution rate in Honduras, 2005–2019
Source: World Bank. Measured in % of profit.
Analysis
In 2019, paying taxes: total tax and contribution rate in Honduras stood at 39.1%.
Compared with earlier readings it is down 4.2% on the previous year and up 5.1% over ten years.
Over the whole period, paying taxes: total tax and contribution rate in Honduras peaked at 40.8% in 2018 and was at its lowest, 35.1%, in 2012.
That places Honduras 82nd out of 190 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Total tax and contribution rate in Honduras, year by year
| Year | % of profit | Change |
|---|---|---|
| 2005 | 37.2% | — |
| 2006 | 37.2% | +0.0% |
| 2007 | 37.2% | +0.0% |
| 2008 | 37.2% | +0.0% |
| 2009 | 37.2% | +0.0% |
| 2010 | 37.2% | +0.0% |
| 2011 | 38.7% | +4.0% |
| 2012 | 35.1% | -9.3% |
| 2013 | 38.5% | +9.7% |
| 2014 | 37.7% | -2.1% |
| 2015 | 40.2% | +6.6% |
| 2016 | 40.2% | +0.0% |
| 2017 | 40.5% | +0.7% |
| 2018 | 40.8% | +0.7% |
| 2019 | 39.1% | -4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.2% | 37.2% | 37.2% | 5 |
| 2010s | 38.8% | 35.1% | 40.8% | 10 |
Countries ranked near Honduras
- 79 Azerbaijan 40.7% compare
- 80 Trinidad and Tobago 40.5% compare
- 81 Portugal 39.8% compare
- 83 Malaysia 38.7% compare
- 83 Republic of Moldova 38.7% compare
- 85 Madagascar 38.3% compare
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: total tax and contribution rate in Honduras?
- Paying taxes: total tax and contribution rate in Honduras was 39.1% in 2019, according to the World Bank.
- What is the highest paying taxes: total tax and contribution rate recorded in Honduras?
- The highest recorded value was 40.8% in 2018.
- What is the lowest paying taxes: total tax and contribution rate recorded in Honduras?
- The lowest recorded value was 35.1% in 2012.
- How does Honduras rank for paying taxes: total tax and contribution rate?
- Honduras ranks 82nd out of 190 countries with data for 2019.
- Is paying taxes: total tax and contribution rate rising or falling in Honduras?
- Over the last ten years it is up 5.1%. 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: Total tax and contribution rate (% of profit). Statizoid updates them automatically from the source API.
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CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The total tax and contribution rate measures the amount of taxes and mandatory contributions borne by the business in the second year of operation, expressed as a share of commercial pro?t. The total amount of taxes and contributions borne is the sum of all the different taxes and contributions payable after accounting for allowable deductions and exemptions. The taxes withheld (such as personal income tax) or collected by the company and remitted to the tax authorities (such as VAT, sales tax or goods and service tax) but not borne by the company are excluded.