The ratio of military expenditure to gross domestic product (GDP) in Honduras saw no significant changes in 2022 in comparison to the previous year 2021 and remained at around 1.53 percent. With a decline of 0.01 percentage points (-0.65 percent), there is no significant change to 2021. Nevertheless, the ratio has been subject to fluctuation over the observed period. Military expenditure figures refer to the amount of money spent on a country's armed forces, including peacekeeping and defense operations, among others. When comparing international figures, there may be some inconsistencies depending on what respective countries consider as military spending.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Guatemala and Belize.
Honduras: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022
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World Bank. (October 24, 2024). Honduras: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/810416/ratio-of-military-expenditure-to-gross-domestic-product-gdp-honduras/
World Bank. "Honduras: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022." Chart. October 24, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/810416/ratio-of-military-expenditure-to-gross-domestic-product-gdp-honduras/
World Bank. (2024). Honduras: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/810416/ratio-of-military-expenditure-to-gross-domestic-product-gdp-honduras/
World Bank. "Honduras: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/810416/ratio-of-military-expenditure-to-gross-domestic-product-gdp-honduras/
World Bank, Honduras: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 Statista, https://www.statista.com/statistics/810416/ratio-of-military-expenditure-to-gross-domestic-product-gdp-honduras/ (last visited December 22, 2024)
Honduras: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/810416/ratio-of-military-expenditure-to-gross-domestic-product-gdp-honduras/