Domestic credit to private sector in Honduras
Honduras: Domestic credit to private sector was 78.5% in 2024. ▲ Rising
Domestic credit to private sector in Honduras, 2001–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Honduras recorded 78.5% for domestic credit to private sector in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 42.4% over ten years.
Over the whole period, domestic credit to private sector in Honduras peaked at 78.5% in 2024 and was at its lowest, 36.0%, in 2002.
That places Honduras 33rd out of 187 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Domestic credit to private sector in Honduras, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 36.7% | — |
| 2002 | 36.0% | -1.8% |
| 2003 | 37.2% | +3.2% |
| 2004 | 37.8% | +1.7% |
| 2005 | 38.8% | +2.7% |
| 2006 | 44.7% | +15.2% |
| 2007 | 52.3% | +16.9% |
| 2008 | 51.3% | -1.9% |
| 2009 | 50.3% | -1.9% |
| 2010 | 47.5% | -5.7% |
| 2011 | 47.3% | -0.3% |
| 2012 | 51.3% | +8.4% |
| 2013 | 54.7% | +6.7% |
| 2014 | 55.1% | +0.7% |
| 2015 | 54.6% | -0.9% |
| 2016 | 57.8% | +5.9% |
| 2017 | 57.8% | -0.1% |
| 2018 | 62.8% | +8.7% |
| 2019 | 64.5% | +2.6% |
| 2020 | 71.2% | +10.5% |
| 2021 | 67.7% | -4.9% |
| 2022 | 70.1% | +3.5% |
| 2023 | 75.6% | +7.9% |
| 2024 | 78.5% | +3.7% |
Honduras compared with similar countries
- Honduras's 78.5% is above the median for lower middle income countries, which is 24.7%, 3.2× the median. (46 countries reporting)
- Honduras's 78.5% is above the median for Latin America & Caribbean, which is 45.9%, 1.7× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.8% | 36.0% | 52.3% | 9 |
| 2010s | 55.3% | 47.3% | 64.5% | 10 |
| 2020s | 72.6% | 67.7% | 78.5% | 5 |
Countries ranked near Honduras
More financial sector data for Honduras
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 4.82 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 3.52 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 4.82 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Honduras?
- Domestic credit to private sector in Honduras was 78.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Honduras?
- The highest recorded value was 78.5% in 2024.
- What is the lowest domestic credit to private sector recorded in Honduras?
- The lowest recorded value was 36.0% in 2002.
- How does Honduras rank for domestic credit to private sector?
- Honduras ranks 33rd out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in Honduras?
- Over the last ten years it is up 42.4%. The long-run trend across the full record is rising.
- Where does this Honduras data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.