Honduras - Expense (current LCU)

The value for Expense (current LCU) in Honduras was 101,179,000,000 as of 2015. As the graph below shows, over the past 43 years this indicator reached a maximum value of 101,179,000,000 in 2015 and a minimum value of 203,200,000 in 1973.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 211,500,000
1973 203,200,000
1974 220,400,000
1975 267,500,000
1976 338,500,000
2003 29,852,600,000
2004 31,560,650,000
2005 36,531,900,000
2006 41,068,250,000
2007 52,374,770,000
2008 57,855,060,000
2009 65,070,200,000
2010 68,081,600,000
2011 75,395,170,000
2012 84,914,250,000
2013 89,969,720,000
2014 100,515,000,000
2015 101,179,000,000

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance