Honduras vs Nicaragua
Honduras vs Nicaragua: Inflation
Inflation in 2025: 4.6% a year in Honduras and 2.1% a year in Nicaragua, by IMF estimates. In 2025 the value was higher in Honduras, by 2.5 percentage points, or 2.21 times that in Nicaragua.
% a year · IMF
What the numbers say
- Honduras has been higher since 2025, when it overtook Nicaragua.
- In 2025, Honduras ranked 41 and Nicaragua ranked 114 of 179 countries, counting from the highest.
- The IMF projection (World Economic Outlook, October 2026) puts Honduras at 4% a year and Nicaragua at 3% a year in 2031.
Every year
% a year · IMF
| Year | Honduras | Nicaragua |
|---|---|---|
| 2025 | 4.6 | 2.1 |
| 2024 | 4.6 | 4.6 |
| 2023 | 6.7 | 8.4 |
| 2022 | 9.1 | 10.5 |
| 2021 | 4.5 | 4.9 |
| 2020 | 3.5 | 3.7 |
| 2019 | 4.4 | 5.4 |
| 2018 | 4.3 | 4.9 |
| 2017 | 3.9 | 3.9 |
| 2016 | 2.7 | 3.5 |
| 2015 | 3.2 | 4 |
| 2014 | 6.1 | 6 |
| 2013 | 5.2 | 7.1 |
| 2012 | 5.2 | 7.2 |
| 2011 | 6.8 | 8.1 |
| 2010 | 4.7 | 5.5 |
| 2009 | 5.5 | 3.7 |
| 2008 | 11.4 | 19.8 |
| 2007 | 6.9 | 11.1 |
| 2006 | 5.6 | 9.1 |
| 2005 | 8.8 | 9.6 |
| 2004 | 8.1 | 8.5 |
| 2003 | 7.7 | 5.3 |
| 2002 | 7.7 | 3.8 |
| 2001 | 9.7 | 7.4 |
| 2000 | 11.1 | 11.6 |
| 1999 | 11.7 | 11.2 |
| 1998 | 13.7 | 13.1 |
| 1997 | 20.2 | 9.2 |
| 1996 | 23.8 | 11.7 |
| 1995 | 29.5 | 11.1 |
| 1994 | 21.7 | 3.7 |
| 1993 | 10.8 | 13.5 |
| 1992 | 8.7 | 21.9 |
| 1991 | 33.6 | 116.6 |
| 1990 | 23.3 | 3,004 |
| 1989 | 9.9 | 7,429 |
| 1988 | 4.5 | 4,775 |
| 1987 | 2.5 | 13,110 |
| 1986 | 4.4 | 885.2 |
| 1985 | 3.4 | 571.4 |
| 1984 | 4.7 | 141.3 |
| 1983 | 8.2 | 33.6 |
| 1982 | 9 | 28.5 |
| 1981 | 9.4 | 23.8 |
| 1980 | 18.1 | 35.1 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Honduras | Nicaragua |
|---|---|---|
| 2026 | 5.6 | 3.5 |
| 2027 | 5.3 | 3.2 |
| 2028 | 4.1 | 3 |
| 2029 | 4 | 3 |
| 2030 | 4 | 3 |
| 2031 | 4 | 3 |
Each country on its own
Good to know
- How much consumer prices rose in a year, on average.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
- Ranks count the 179 countries with a value in 2025, highest first.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Honduras vs Nicaragua
Health
- Life expectancyHonduras: 72.9 years in 2023Nicaragua: 75 years in 2023
- Child mortalityHonduras: 1.5 per 100 live births in 2024Nicaragua: 1.1 per 100 live births in 2024
- Infant mortalityHonduras: 13 per 1,000 live births in 2023Nicaragua: 12.3 per 1,000 live births in 2023
- Safe drinking waterHonduras: 65.2% in 2022Nicaragua: 55.5% in 2020
- DepressionHonduras: 2.75% in 2017Nicaragua: 2.85% in 2017
- Suicide rateHonduras: 4.4 per 100,000 people in 2017Nicaragua: 5.9 per 100,000 people in 2017
People
- PopulationHonduras: 10.6 million people in 2023Nicaragua: 6.82 million people in 2023
- Population growthHonduras: 1.7% a year in 2023Nicaragua: 1.36% a year in 2023
- Fertility rateHonduras: 2.5 births per woman in 2023Nicaragua: 2.22 births per woman in 2023
- Urban populationHonduras: 59.3% in 2025Nicaragua: 59.4% in 2025
- Median ageHonduras: 23.6 years in 2023Nicaragua: 25.3 years in 2023
- People aged 65 and overHonduras: 4.3% in 2023Nicaragua: 5.4% in 2023
- Net migration rateHonduras: -0.5 per 1,000 people in 2023Nicaragua: -1.2 per 1,000 people in 2023
Economy
Education
Politics
Conflict
Military
- Military spendingHonduras: 1.46% of GDP in 2025Nicaragua: 0.56% of GDP in 2025
- Military spending in US dollarsHonduras: $582M in 2025Nicaragua: $115M in 2025
- Military spending per personHonduras: $53 in 2025Nicaragua: $17 in 2025
- Military share of state spendingHonduras: 5.7% of government spending in 2025Nicaragua: 2.1% of government spending in 2025
- Armed forces personnelHonduras: 23,000 people in 2020Nicaragua: 12,000 people in 2020
- National powerHonduras: 0.06% of world capability in 2022Nicaragua: 0.04% of world capability in 2022
- Armed forces, share of workersHonduras: 0.56% of the labour force in 2020Nicaragua: 0.41% of the labour force in 2020
- Arms importsHonduras: 7 million TIV in 2024Nicaragua: 13 million TIV in 2019