Honduras military spending/defense budget for 2023 was 539.83 million US dollars, a 17.79% increase from 2022.
Honduras military spending/defense budget for 2022 was 458.31 million US dollars, a 8.92% increase from 2021.
Honduras military spending/defense budget for 2021 was 420.77 million US dollars, a 23.32% increase from 2020.
Honduras military spending/defense budget for 2020 was 341.21 million US dollars, a 13.1% decline from 2019.
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).