Ratio of GNP to GDP for Honduras
GNPGDPHNA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.10
Year-over-Year Change
0.13%
Date Range
1/1/1960 - 1/1/2010
Summary
The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Honduras measures the relative size of the country's domestic production compared to its national income.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This ratio provides insight into Honduras' economic structure and the role of foreign earnings. It is used by economists and policymakers to assess the country's level of international economic integration and reliance on income from abroad.
Methodology
The data is calculated by the World Bank using established national accounting methodologies.
Historical Context
The GNP/GDP ratio is a key indicator for evaluating Honduras' economic development and performance.
Key Facts
- Honduras' GNP/GDP ratio was 1.01 in 2020.
- The ratio has remained above 1.0 since the 1990s, indicating Honduras earns more from abroad than it produces domestically.
- Fluctuations in the ratio reflect changes in Honduras' trade balance and reliance on foreign income sources.
FAQs
Q: What does this economic trend measure?
A: The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Honduras measures the relative size of the country's domestic production compared to its national income.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insight into Honduras' economic structure and the role of foreign earnings, which is useful for economists and policymakers assessing the country's level of international economic integration and reliance on income from abroad.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using established national accounting methodologies.
Q: How is this trend used in economic policy?
A: The GNP/GDP ratio is a key indicator for evaluating Honduras' economic development and performance, and is used by economists and policymakers to assess the country's economic structure and international economic integration.
Q: Are there update delays or limitations?
A: The data is published annually by the World Bank, with potential delays in availability.
Related Trends
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Honduras (GNPGDPHNA156NUPN), retrieved from FRED.