Insurance and financial services in Honduras
Honduras: Insurance and financial services was 0.8% in 2025. ◆ Volatile
Insurance and financial services in Honduras, 1974–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
Honduras recorded 0.8% for insurance and financial services in 2025.
That represents a change of down 1.6% on the previous year and up 2,373.6% over ten years.
Over the whole period, insurance and financial services in Honduras peaked at 25.8% in 1979 and was at its lowest, 0.0%, in 2012.
That places Honduras 152nd out of 190 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Honduras, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1974 | 17.8% | — |
| 1975 | 20.1% | +13.1% |
| 1976 | 16.4% | -18.8% |
| 1977 | 16.3% | -0.7% |
| 1978 | 20.3% | +24.7% |
| 1979 | 25.8% | +27.0% |
| 1980 | 16.1% | -37.6% |
| 1981 | 18.1% | +12.6% |
| 1982 | 15.4% | -15.0% |
| 1983 | 17.6% | +14.3% |
| 1984 | 17.4% | -0.6% |
| 1985 | 16.8% | -4.0% |
| 1986 | 15.1% | -9.8% |
| 1987 | 14.0% | -7.1% |
| 1988 | 14.4% | +2.5% |
| 1989 | 15.5% | +8.0% |
| 1990 | 12.9% | -16.9% |
| 1991 | 11.3% | -12.3% |
| 1992 | 10.8% | -4.9% |
| 1993 | 2.0% | -81.6% |
| 1994 | 1.1% | -46.8% |
| 1995 | 1.1% | +4.4% |
| 1996 | 1.5% | +33.9% |
| 1997 | 1.2% | -20.1% |
| 1998 | 6.1% | +419.7% |
| 1999 | 8.1% | +32.7% |
| 2000 | 1.3% | -83.8% |
| 2001 | 1.5% | +11.8% |
| 2002 | 1.3% | -9.8% |
| 2003 | 1.4% | +8.3% |
| 2004 | 1.3% | -12.7% |
| 2005 | 1.4% | +8.3% |
| 2006 | 1.1% | -15.6% |
| 2007 | 1.3% | +15.0% |
| 2008 | 1.2% | -5.8% |
| 2009 | 1.1% | -7.7% |
| 2010 | 1.2% | +4.8% |
| 2011 | 0.9% | -24.2% |
| 2012 | 0.0% | -99.4% |
| 2013 | 0.0% | +272.1% |
| 2014 | 0.0% | +49.3% |
| 2015 | 0.0% | -6.4% |
| 2016 | 0.1% | +357.4% |
| 2017 | 0.7% | +408.4% |
| 2018 | 0.1% | -83.9% |
| 2019 | 0.1% | +13.9% |
| 2020 | 0.2% | +54.0% |
| 2021 | 0.1% | -38.1% |
| 2022 | 0.5% | +279.5% |
| 2023 | 0.7% | +45.6% |
| 2024 | 0.8% | +11.8% |
| 2025 | 0.8% | -1.6% |
Honduras compared with similar countries
- Honduras's 0.8% is below the median for lower middle income countries, which is 1.8%, 43% of the median. (46 countries reporting)
- Honduras's 0.8% is below the median for Latin America & Caribbean, which is 2.7%, 28% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Honduras changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +419.7% | 1.2% | 6.1% |
| 2017 | +408.4% | 0.1% | 0.7% |
| 2016 | +357.4% | 0.0% | 0.1% |
| 2022 | +279.5% | 0.1% | 0.5% |
| 2013 | +272.1% | 0.0% | 0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.4% | 16.3% | 25.8% | 6 |
| 1980s | 16.0% | 14.0% | 18.1% | 10 |
| 1990s | 5.6% | 1.1% | 12.9% | 10 |
| 2000s | 1.3% | 1.1% | 1.5% | 10 |
| 2010s | 0.3% | 0.0% | 1.2% | 10 |
| 2020s | 0.5% | 0.1% | 0.8% | 6 |
Countries ranked near Honduras
- 149 Faroe Islands 0.8% compare
- 150 Morocco 0.8% compare
- 151 Mongolia 0.8% compare
- 153 New Caledonia 0.7% compare
- 154 Lao People's Democratic Republic 0.7% compare
- 155 Botswana 0.7% compare
More private sector data for Honduras
- Merchandise trade 77.4% (2025)
- Food imports 19.5% (2024)
- Manufactures imports 61.5% (2024)
- Merchandise imports 18.64 billion current US$ (2025)
- Food exports 53.5% (2024)
- Manufactures exports 39.1% (2024)
- Merchandise exports 12.00 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,091 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3031 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 8.31 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Honduras?
- Insurance and financial services in Honduras was 0.8% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Honduras?
- The highest recorded value was 25.8% in 1979.
- What is the lowest insurance and financial services recorded in Honduras?
- The lowest recorded value was 0.0% in 2012.
- How does Honduras rank for insurance and financial services?
- Honduras ranks 152nd out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in Honduras?
- Over the last ten years it is up 2,373.6%. The long-run trend across the full record is volatile.
- Where does this Honduras data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.