Ratio of military expenditure to gross domestic product (GDP) in Honduras 2023

In 2023, the ratio of military expenditure to gross domestic product (GDP) in Honduras increased by 0.1 percentage points (+6.9 percent) compared to 2022. In total, the ratio amounted to 1.57 percent in 2023. Over the observed period, the ratio has been subject to fluctuation.
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.