The budget balance in relation to the GDP in Honduras was forecast to increase between 2024 and 2029 by in total 0.6 percentage points. This overall increase does not happen continuously, notably not in 2028. The budget balance is estimated to amount to -1.14 percent in 2029. The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the GDP in countries like El Salvador, Guatemala and Nicaragua.
Budget balance in relation to the GDP in Honduras from 2007 to 2029
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IMF. (April 22, 2024). Budget balance in relation to the GDP in Honduras from 2007 to 2029 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1392315/budget-balance-in-relation-to-the-gdp-honduras/
IMF. "Budget balance in relation to the GDP in Honduras from 2007 to 2029." Chart. April 22, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1392315/budget-balance-in-relation-to-the-gdp-honduras/
IMF. (2024). Budget balance in relation to the GDP in Honduras from 2007 to 2029. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1392315/budget-balance-in-relation-to-the-gdp-honduras/
IMF. "Budget Balance in Relation to The Gdp in Honduras from 2007 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/1392315/budget-balance-in-relation-to-the-gdp-honduras/
IMF, Budget balance in relation to the GDP in Honduras from 2007 to 2029 Statista, https://www.statista.com/statistics/1392315/budget-balance-in-relation-to-the-gdp-honduras/ (last visited August 24, 2024)
Budget balance in relation to the GDP in Honduras from 2007 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392315/budget-balance-in-relation-to-the-gdp-honduras/