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Economy of Azerbaijan vs Haiti compared: GDP & Debt

Updated on by Georank

Azerbaijan has a GDP of $75.9B compared to $32.1B for Haiti, ranking 87/197 and 112/197 by economy size, respectively.

Azerbaijan has $15.3B in government debt (20.1% of GDP), compared to $3.95B (12.3% of GDP) in Haiti.

Azerbaijan vs Haiti GDP by year

Azerbaijan
Haiti
1x
Year GDP, current $
Azerbaijan Haiti
2025 $75,937,647,059 $32,077,278,409
2024 $74,426,000,000 $24,255,657,481
2023 $72,428,470,588 $19,572,288,894
2022 $78,807,470,588 $20,113,007,126
2021 $54,825,411,765 $20,754,978,152
2020 $42,693,000,000 $14,508,222,518
2019 $48,174,235,294 $15,016,090,930
2018 $47,112,470,052 $16,403,864,618
2017 $40,866,627,352 $15,093,357,161
2016 $37,866,996,883 $14,069,277,526
2015 $53,076,235,355 $14,849,629,309
2014 $75,239,785,452 $15,146,883,498
2013 $74,160,560,124 $14,902,488,604
2012 $69,679,944,504 $13,708,925,477
2011 $65,952,796,428 $13,008,746,039
2010 $52,909,294,792 $11,859,312,725
2009 $44,292,427,185 $11,597,002,835
2008 $48,851,293,785 $10,432,962,635
2007 $33,049,419,431 $9,228,637,768
2006 $20,981,929,498 $7,638,739,123
2005 $13,245,421,881 $7,030,149,730
2004 $8,680,405,741 $6,087,360,684
2003 $7,276,413,079 $5,071,947,798
2002 $6,236,087,738 $6,205,847,214
2001 $5,707,616,204 $6,331,970,324
2000 $5,272,615,723 $6,813,566,099
1999 $4,581,248,567 $4,153,725,884
1998 $4,446,368,571 $3,723,903,724
1997 $3,962,362,387 $3,338,949,152
1996 $3,176,507,376 $2,907,517,604
1995 $2,417,331,193 $2,813,313,279
1994 $1,193,141,110 $2,167,569,046
1993 $1,570,392,598 $1,878,253,767
1992 $444,658,672 $2,257,129,792
1991 $5,344,000,000 $3,473,562,628
1990 $8,884,848,485 $3,096,289,800
1989 - $2,736,243,800
1988 - $2,613,926,800
1987 - $2,047,200,000
1986 - $2,318,000,000
1985 - $2,009,400,000
1984 - $1,816,200,000
1983 - $1,623,600,000
1982 - $1,474,200,000
1981 - $1,479,400,000
1980 - $1,383,800,000
1979 - $1,080,600,000
1978 - $974,200,000
1977 - $947,000,000
1976 - $879,000,000
1975 - $681,400,000
1974 - $565,399,322
1973 - $466,798,973
1972 - $371,998,958
1971 - $362,800,000
1970 - $331,200,000
1969 - $391,820,400
1968 - $367,968,800
1967 - $369,124,200
1966 - $368,948,600
1965 - $353,251,800
1964 - $325,281,200
1963 - $294,883,400
1962 - $281,896,800
1961 - $271,066,000
1960 - $273,187,200

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/azerbaijan/haiti | CC BY

GDP per capita in Azerbaijan vs Haiti by year

Azerbaijan
GDP per capita

GDP per capita, PPP
Haiti
GDP per capita

GDP per capita, PPP
1x
Year Current $
Azerbaijan Haiti
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $7,411 - $2,694 -
2024 $7,295 $25,089 $2,060 $3,194
2023 $7,133 $23,652 $1,682 $3,292
2022 $7,771 $22,552 $1,748 $3,275
2021 $5,408 $20,111 $1,825 $3,145
2020 $4,230 $15,164 $1,290 $3,103
2019 $4,806 $16,675 $1,352 $3,237
2018 $4,740 $15,283 $1,496 $3,197
2017 $4,147 $14,316 $1,395 $3,339
2016 $3,881 $14,536 $1,318 $3,253
2015 $5,501 $15,075 $1,411 $3,026
2014 $7,891 $17,564 $1,460 $3,076
2013 $7,875 $17,268 $1,458 $3,042
2012 $7,496 $15,994 $1,361 $2,830
2011 $7,190 $14,805 $1,312 $2,858
2010 $5,844 $14,930 $1,210 $2,695
2009 $4,950 $14,246 $1,197 $2,855
2008 $5,574 $13,217 $1,095 $2,724
2007 $3,851 $11,974 $985 $2,647
2006 $2,473 $9,398 $829 $2,504
2005 $1,578 $6,855 $776 $2,427
2004 $1,045 $5,248 $683 $2,322
2003 $884 $4,718 $579 $2,331
2002 $763 $4,230 $721 $2,248
2001 $704 $3,835 $749 $2,230
2000 $655 $3,439 $821 $2,229
1999 $574 $3,052 $510 $2,201
1998 $562 $2,827 $465 $2,152
1997 $506 $2,565 $425 $2,122
1996 $409 $2,407 $377 $2,070
1995 $315 $2,357 $372 $1,989
1994 $157.1 $2,648 $292.1 $1,807
1993 $209.5 $3,272 $258.1 $2,048
1992 $60.2 $4,220 $316 $2,158
1991 $735 $5,412 $497 $2,273
1990 $1,238 $5,343 $452 $2,202
1989 - - $407 -
1988 - - $397 -
1987 - - $318 -
1986 - - $367 -
1985 - - $325 -
1984 - - $299.2 -
1983 - - $272.8 -
1982 - - $252.6 -
1981 - - $258.5 -
1980 - - $246.5 -
1979 - - $196.2 -
1978 - - $180.3 -
1977 - - $178.7 -
1976 - - $169.1 -
1975 - - $133.6 -
1974 - - $113 -
1973 - - $95.1 -
1972 - - $77.3 -
1971 - - $76.8 -
1970 - - $71.5 -
1969 - - $86.1 -
1968 - - $82.4 -
1967 - - $84.2 -
1966 - - $85.7 -
1965 - - $83.6 -
1964 - - $78.5 -
1963 - - $72.4 -
1962 - - $70.4 -
1961 - - $69 -
1960 - - $70.8 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/azerbaijan/haiti | CC BY

Azerbaijan's GDP per capita is $7,411, ranking 101/197, compared to $2,694 in Haiti, ranking 150/197. Adjusted for purchasing power (GDP per capita PPP), Azerbaijan ranks 82nd at $25,089, while Haiti ranks 177th at $3,194.

Economic indicators

Azerbaijan Haiti
Gross domestic product
$75.9B
2025
$32.1B
2025
GDP rank
87/197
2025
112/197
2025
GDP growth
1.45%
2024-2025
-2.71%
2024-2025
GDP per capita
$7,411
2025
$2,694
2025
GDP per capita rank
101/197
2025
150/197
2025
GDP per capita, PPP
$25,089
2024
$3,194
2024
GDP per capita PPP rank
82/197
2024
177/197
2024
Government debt
$15.3B
2025
$3.95B
2025
Debt-to-GDP ratio
20.1%
2025
12.3%
2025
Government debt per person
$1,492
2025
$332
2025
Government debt per person rank
131/185
2025
177/185
2025
Average annual personal income after taxes
$6,426
2026
$2,152
2026
Market capitalization of domestic companies
$1.57B
2025
n/a
Income share by richest 10%
24.2%
2005
31.2%
2012
Income share by poorest 10%
4.8%
2005
2.1%
2012
Government expenditure, % of GDP
34.6%
2025
6.19%
2025
Consumer prices inflation
5.62%
2024-2025
28.6%
2024-2025
Central bank interest rate
6.5%
2026
n/a
Unemployment rate
5.7%
2022
14.1%
2012
Population
10333222
12106577

Spending and national debt comparison by year

Azerbaijan
Spending

Debt
Haiti
Spending

Debt
1x
Year % of GDP
Azerbaijan Haiti
Government spending Government debt Government spending Government debt
2025 34.6% 20.1% 6.19% 12.3%
2024 33.9% 21.6% 5.25% 15.5%
2023 32.7% 21.8% 6.46% 27.8%
2022 26.2% 17.3% 8.33% 29.2%
2021 32.2% 26.3% 9.42% 28.4%
2020 40.2% 21.3% 9.86% 22.3%
2019 32.5% 17.7% 9.59% 26.5%
2018 33.2% 18.7% 11.3% 24.1%
2017 35.6% 22.5% 10.2% 22.5%
2016 35.4% 20.6% 10.5% 24.4%
2015 38.7% 18% 12.7% 23.9%
2014 36.4% 8.53% 14.6% 21.4%
2013 37.8% 6.18% 15.9% 25.1%
2012 36.6% 5.83% 16.4% 24.1%
2011 33.7% 4.97% 14.1% 22.3%
2010 32% 4.98% 12.6% 24.9%
2009 34.5% 4.73% 11.6% 19.4%
2008 31.4% 3.22% 11.2% 33.9%
2007 26.1% 4% 11.1% 24.4%
2006 25.3% 5.3% 9.67% 32.2%
2005 22.5% 6.85% 8.75% 29.7%
2004 24.2% 9.71% 7.38% 30.4%
2003 21.7% 10.7% 7.83% 37.8%
2002 23.1% 11.9% 6.64% 32%
2001 16.8% 13% 6.11% 28.8%
2000 18.2% 13.1% 6.25% 32.5%
1999 19.5% 25.4% 6.91% 24.1%
1998 18.7% 14.3% 5.4% 24%
1997 18.5% 11.4% 5.46% 26.2%
1996 19.8% 16.7% - 26.2%
1995 18.9% 19.2% - 26.2%
1994 14.7% 11.7% - 35.3%
1993 - - - 98%
1992 - - - 118.9%
1991 - - - 80.7%
1990 - - - 85.1%
1989 - - - 98.7%
1988 - - - 90.9%
1987 - - 32.4% 58.6%
1986 - - 15.1% 26.5%
1985 - - 17.4% 25.6%
1984 - - 16.9% 27.3%
1983 - - 21.9% 28.9%
1982 - - 20.7% 25.5%
1981 - - 17.4% 23.7%
1980 - - 17.2% 20.3%
1979 - - 13.1% 19.8%
1978 - - 18.9% 20.1%
1977 - - 16.7% 18.5%
1976 - - 13.4% 14.9%
1975 - - 12.8% 14.2%
1974 - - 9.24% 13.3%
1973 - - 9.4% 8.92%
1972 - - 11.2% 11.1%
1971 - - 11.2% 11%
1970 - - 11.4% 12.5%
1969 - - 10.1% -
1968 - - 10.3% -
1967 - - 7.52% -
1966 - - 7.2% -
1965 - - 7.91% -
1964 - - - -
1963 - - 8.95% -
1962 - - - -
1961 - - - -
1960 - - 7.34% 21.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-07-08).

GeoRank.org/economy/azerbaijan/haiti | CC BY

In 2025, Azerbaijan's government spending was $26.3B, accounting for 34.6% of its GDP, while Haiti spent $1.99B, or 6.19% of GDP.

Debt-to-GDP ratio is 20.1% in Azerbaijan and 12.3% in Haiti, ranking 174/185 and 179/185, respectively.

Government deficit by year

Deficit/surplus
Azerbaijan

Haiti
1x
Year Deficit/surplus, % of GDP
Azerbaijan Haiti
2025 2.56% -0.22%
2024 4.05% 6.96%
2023 7.92% 0.77%
2022 5.96% -1.75%
2021 4.21% -2.45%
2020 -6.44% -1.96%
2019 8.95% -1.99%
2018 5.43% -1.13%
2017 -1.34% -0.32%
2016 -1.17% 0.12%
2015 -4.83% -1.47%
2014 2.74% -3.64%
2013 1.64% -3.98%
2012 3.71% -2.71%
2011 10.9% -1.43%
2010 13.8% -1.5%
2009 5.86% -2%
2008 17.2% -1.8%
2007 2.34% -1.55%
2006 0.66% -0.91%
2005 2.74% -0.83%
2004 1.78% -1.34%
2003 1.6% -2.24%
2002 19.4% -1.8%
2001 21.8% -1.55%
2000 0.14% -1.36%
1999 -1.03% -1.54%
1998 1.63% 0.21%
1997 -0.94% 0.37%
1996 -2.25% -
1995 -1.34% -
1994 3.21% -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -4.94%
1986 - -1.4%
1985 - -0.97%
1984 - -3.52%
1983 - -5.72%
1982 - -3.93%
1981 - -4.38%
1980 - -5.68%
1979 - -2.21%
1978 - -3.24%
1977 - -2.85%
1976 - -1.16%
1975 - -1.73%
1974 - 0.23%
1973 - 0.03%
1972 - 0.24%
1971 - -0.08%
1970 - -0.19%
1969 - -0.39%
1968 - -0.46%
1967 - 0%
1966 - 0%
1965 - 0%
1964 - -
1963 - 0%
1962 - -
1961 - -
1960 - 0.006%
1959 - -1.11%
1958 - -2.21%
1957 - 0.28%
1956 - -2.18%
1955 - -0.86%
1954 - -0.81%
1953 - -1.01%
1952 - -
1951 - -
1950 - -
1949 - -0.12%
1948 - 0.21%
1947 - 1.06%
1946 - 0.51%
1945 - 0.47%
1944 - -
1943 - -
1942 - -
1941 - -0.21%
1940 - 0.13%
1939 - -0.16%
1938 - 0.15%
1937 - -0.08%
1936 - -0.06%
1935 - -0.2%
1934 - -1.23%
1933 - 0%
1932 - 0.4%
1931 - -0.49%
1930 - -0.52%
1929 - -0.32%
1928 - -0.25%
1927 - 0.73%
1926 - -0.45%
1925 - 0.05%
1924 - -0.14%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1987, retrieved 2026-07-08).

GeoRank.org/economy/azerbaijan/haiti | CC BY

In 2025, Azerbaijan's government surplus, the difference between spending and revenue, was $1.94B, equivalent to 2.56% of GDP. This compares to Haiti's deficit of $71.5M, or 0.22% of GDP.

Over the past 32 years, Azerbaijan recorded a fiscal deficit in 8 of those years, while Haiti ran a deficit in 24 years. On average, Azerbaijan posted an annual surplus equal to 4.09% of GDP, compared to deficit of 1.14% of GDP for Haiti.

Inflation comparison by year

Inflation
Azerbaijan

Haiti
1x
Year Consumer prices inflation
Azerbaijan Haiti
2025 5.62% 28.6%
2024 2.21% 26.9%
2023 8.79% 36.8%
2022 13.9% 34%
2021 6.65% 16.8%
2020 2.76% 22.8%
2019 2.61% 18.7%
2018 2.27% 12.5%
2017 12.9% 10.7%
2016 12.4% 11.5%
2015 4.03% 6.73%
2014 1.37% 3.44%
2013 2.42% 4.77%
2012 1.07% 5.02%
2011 7.86% 6.33%
2010 5.73% 4.83%
2009 1.46% 0.39%
2008 20.8% 15.3%
2007 16.7% 6.56%
2006 8.33% 11.3%
2005 9.68% 14%
2004 6.71% 21%
2003 2.23% 28.7%
2002 2.77% 7.03%
2001 1.55% 13.3%
2000 1.81% 9.33%
1999 -8.53% 3%
1998 -0.77% 5.27%
1997 3.67% 20.6%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/azerbaijan/haiti | CC BY

Over the past 29 years, Azerbaijan has recorded an average annual inflation rate of 5.49%, compared with 14% in Haiti. In 2025, inflation was 5.62% in Azerbaijan and 28.6% in Haiti.

Balance of trade

Azerbaijan Haiti
Current account balance
$3.48B
2025
-$145M
2024
Current account balance ranking
35/190
2025
85/190
2024
Current account balance, % of GDP
+4.58%
2025
-0.6%
2024
Goods imports
$17.7B
2025
$4.27B
2024
Goods exports
$24.1B
2025
$767M
2024
Service imports
$10.3B
2025
$518M
2024
Service exports
$8.6B
2025
$96.6M
2024
Imports of goods and services, % of GDP
36.8%
2025
14.3%
2025
Exports of goods and services, % of GDP
43%
2025
1.56%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Azerbaijan Haiti
Economic freedom 64.3 46.1
Economic freedom ranking 74/197 178/197
Property rights 53.3 6.6
Government integrity 23.6 13
Judicial effectiveness 16.5 17.3
Tax burden 87.9 81.7
Government spending 71.3 98.7
Fiscal health 99.1 99.5
Business freedom 71.2 30.7
Labor freedom 56.9 54.7
Monetary freedom 76 45.1
Trade freedom 75.8 66.4
Investment freedom 70 20
Financial freedom 70 20

Economic freedom comparison by year

Azerbaijan
Haiti
1x
Year Economic freedom index
Azerbaijan Haiti
2026 64.3 46.1
2025 62.5 46.1
2024 61.6 48.2
2023 61.4 49.9
2022 61.6 50
2021 70.1 50.8
2020 69.3 52.3
2019 65.4 52.7
2018 64.3 55.8
2017 63.6 49.6
2016 60.2 51.3
2015 61 51.3
2014 61.3 48.9
2013 59.7 48.1
2012 58.9 50.7
2011 59.7 52.1
2010 58.8 50.8
2009 58 50.5
2008 55.3 49
2007 54.6 51.4
2006 53.2 49.2
2005 54.4 48.4
2004 53.4 51.2
2003 54.1 50.6
2002 53.3 47.9
2001 50.3 47.1
2000 49.8 45.7
1999 47.4 45.9
1998 43.1 45.7
1997 34 45.8
1996 30 41
1995 - 43

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/azerbaijan/haiti | CC BY

The Economic Freedom Index for Azerbaijan is 64.3, ranking 74/197, compared to 46.1 for Haiti, ranking 178/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Azerbaijan Haiti
Services, % of GDP
45.3%
2025
54.2%
2025
Industry, % of GDP
39.5%
2025
27.5%
2025
Agriculture, forestry, and fishing, % of GDP
5.93%
2025
15.8%
2025
GNI, Atlas method
$75.4B
2025
$23.9B
2025
GNI per capita, PPP
$25,430
2025
$3,130
2025
Total reserves including gold
$13.6B
2025
$3.39B
2025
Total reserves ranking
74/177
2025
118/177
2025
Net foreign direct investment
$536M
2025
-$20M
2024
Net inflows of foreign direct investment
$231M
2024
$20M
2024
Net outflows of foreign direct investment
$742M
2024
$0
2024
Servicing debt to the IMF, % of GNI
5.82%
2024
2.24%
2024
Poverty at national poverty lines
6%
2012
58.5%
2012
Gross capital formation, % of GDP
18.9%
2025
12.1%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/azerbaijan/haiti | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1994–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1996, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.