Tariff rates in Honduras
Honduras: Tariff rates was 2.11 in 2022. ▼ Falling
Latest (2022)
2.11
Change on year
down 26.0%
World rank
128th
of 184 countries
All-time high
9.76
in 1997
All-time low
2.11
in 2022
Years of data
24
1995–2022
Tariff rates in Honduras, 1995–2022
Source: Our World in Data.
Analysis
In 2022, tariff rates in Honduras stood at 2.11. That is the lowest value across all 24 years on record.
That represents a change of down 26.0% on the previous year and down 66.6% over ten years.
Over the whole period, tariff rates in Honduras peaked at 9.76 in 1997 and was at its lowest, 2.11, in 2022.
That places Honduras 128th out of 184 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Tariff rates in Honduras, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 8.97 | — |
| 1996 | 7.8 | -13.0% |
| 1997 | 9.76 | +25.1% |
| 1998 | 8.05 | -17.5% |
| 1999 | 7.7 | -4.3% |
| 2000 | 8.35 | +8.4% |
| 2001 | 8.76 | +4.9% |
| 2002 | 7.18 | -18.0% |
| 2003 | 7.18 | +0.0% |
| 2004 | 4.94 | -31.2% |
| 2005 | 6.01 | +21.7% |
| 2006 | 5.92 | -1.5% |
| 2007 | 4.47 | -24.5% |
| 2008 | 3.5 | -21.7% |
| 2009 | 6.71 | +91.7% |
| 2010 | 6.65 | -0.9% |
| 2011 | 6.35 | -4.5% |
| 2012 | 6.31 | -0.6% |
| 2013 | 5.77 | -8.6% |
| 2015 | 2.79 | -51.6% |
| 2018 | 3.41 | +22.2% |
| 2020 | 3.31 | -2.9% |
| 2021 | 2.85 | -13.9% |
| 2022 | 2.11 | -26.0% |
Honduras compared with similar countries
- Honduras's 2.11 is below the median for lower middle income countries, which is 7.43, 28% of the median. (46 countries reporting)
- Honduras's 2.11 is below the median for Latin America & Caribbean, which is 7.01, 30% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.46 | 7.7 | 9.76 | 5 |
| 2000s | 6.3 | 3.5 | 8.76 | 10 |
| 2010s | 5.21 | 2.79 | 6.65 | 6 |
| 2020s | 2.76 | 2.11 | 3.31 | 3 |
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 tariff rates in Honduras?
- Tariff rates in Honduras was 2.11 in 2022, according to Our World in Data.
- What is the highest tariff rates recorded in Honduras?
- The highest recorded value was 9.76 in 1997.
- What is the lowest tariff rates recorded in Honduras?
- The lowest recorded value was 2.11 in 2022.
- How does Honduras rank for tariff rates?
- Honduras ranks 128th out of 184 countries with data for 2022.
- Is tariff rates rising or falling in Honduras?
- Over the last ten years it is down 66.6%. The long-run trend across the full record is falling.
- Where does this Honduras data come from?
- The figures come from Our World in Data, published as part of Tariff rates. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).