Honduras - Military expenditure (current LCU)

The value for Military expenditure (current LCU) in Honduras was 9,902,413,000 as of 2019. As the graph below shows, over the past 59 years this indicator reached a maximum value of 9,902,413,000 in 2019 and a minimum value of 7,640,000 in 1963.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

Year Value
1960 7,840,000
1961 7,660,000
1962 7,660,000
1963 7,640,000
1964 11,700,000
1965 12,500,000
1966 13,000,000
1967 13,600,000
1968 14,100,000
1969 14,400,000
1970 19,800,000
1971 22,800,000
1972 30,900,000
1973 31,900,000
1974 33,800,000
1975 42,800,000
1976 47,400,000
1977 63,600,000
1978 86,200,000
1979 99,100,000
1980 114,000,000
1981 121,000,000
1982 134,000,000
1983 140,000,000
1984 162,000,000
1985 188,000,000
1986 211,000,000
1987 245,000,000
1988 264,000,000
1989 276,000,000
1990 276,000,000
1991 252,000,000
1993 262,700,000
2000 778,500,000
2001 974,100,000
2002 1,045,200,000
2003 1,425,700,000
2004 1,102,600,000
2005 1,178,700,000
2006 1,428,400,000
2007 1,812,500,000
2008 2,503,400,000
2009 2,962,800,000
2010 3,215,700,000
2011 3,790,200,000
2012 4,141,122,000
2013 6,029,594,000
2014 6,421,200,000
2015 7,694,640,000
2016 8,255,620,000
2017 9,356,100,000
2018 9,211,199,000
2019 9,902,413,000

Periodicity: Annual

General Comments: Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade