Average monthly earnings of employees in Honduras
Honduras: Average monthly earnings of employees was 9,543 in 2023. ▲ Rising
Average monthly earnings of employees in Honduras, 2007–2023
Source: International Labour Organization.
Analysis
In 2023, average monthly earnings of employees in Honduras stood at 9,543. That is the highest value across all 11 years on record.
That represents a change of up 42.9% over ten years.
Over the whole period, average monthly earnings of employees in Honduras peaked at 9,543 in 2023 and was at its lowest, 5,035, in 2007.
That places Honduras 17th out of 43 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Average monthly earnings of employees in Honduras, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 5,035 | — |
| 2008 | 5,697 | +13.1% |
| 2009 | 5,861 | +2.9% |
| 2011 | 7,385 | +26.0% |
| 2014 | 6,678 | -9.6% |
| 2015 | 6,660 | -0.3% |
| 2016 | 7,024 | +5.5% |
| 2017 | 6,876 | -2.1% |
| 2018 | 6,650 | -3.3% |
| 2019 | 7,339 | +10.4% |
| 2023 | 9,543 | +30.0% |
Honduras compared with similar countries
- Honduras's 9,543 is above the median for lower middle income countries, which is 4,458, 2.1× the median. (7 countries reporting)
- Honduras's 9,543 is below the median for Latin America & Caribbean, which is 10,609, 90% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,531 | 5,035 | 5,861 | 3 |
| 2010s | 6,945 | 6,650 | 7,385 | 7 |
| 2020s | 9,543 | 9,543 | 9,543 | 1 |
Countries ranked near Honduras
More work & labour data for Honduras
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.1079 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.0917 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.1244 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.17 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 9,793 1000 No (2050)
- Population - Est. & Proj. — Rural population 3,456 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 8,495 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 8,535 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 17,030 1000 No (2100)
Frequently asked questions
- What is average monthly earnings of employees in Honduras?
- Average monthly earnings of employees in Honduras was 9,543 in 2023, according to International Labour Organization.
- What is the highest average monthly earnings of employees recorded in Honduras?
- The highest recorded value was 9,543 in 2023.
- What is the lowest average monthly earnings of employees recorded in Honduras?
- The lowest recorded value was 5,035 in 2007.
- How does Honduras rank for average monthly earnings of employees?
- Honduras ranks 17th out of 43 countries with data for 2023.
- Is average monthly earnings of employees rising or falling in Honduras?
- Over the last ten years it is up 42.9%. The long-run trend across the full record is rising.
- Where does this Honduras data come from?
- The figures come from International Labour Organization, published as part of Average monthly earnings of employees (Local currency). Statizoid updates them automatically from the source API.
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About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. The earnings of employees relate to the gross remuneration in cash and in kind paid to employees, as a rule at regular intervals, for time worked or work done together with remuneration for time not worked, such as annual vacation, other type of paid leave or holidays. Earnings exclude employers' contributions in respect of their employees paid to social security and pension schemes and also the benefits received by employees under these schemes. Earnings also exclude severance and termination pay. Data are converted to U.S. dollars as the common currency, using exchange rates or using purchasing power parity (PPP) rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.