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Economy of China vs Haiti compared: GDP & Debt

Updated on by Georank team

China has a GDP of $18.7T compared to $25.2B for Haiti, ranking 2/197 and 117/197 by economy size, respectively.

China has $16.6T in government debt (88.3% of GDP), compared to $3.91B (15.5% of GDP) in Haiti.

China vs Haiti GDP by year

China
Haiti
1x
Year GDP, current $
China Haiti
2024 $18,743,803,170,827 $25,224,154,991
2023 $18,270,356,654,533 $19,850,585,722
2022 $18,316,765,021,690 $20,253,551,921
2021 $18,201,698,719,564 $20,944,387,976
2020 $14,996,414,166,715 $14,508,222,518
2019 $14,560,167,101,283 $15,016,090,930
2018 $14,147,765,772,964 $16,403,864,618
2017 $12,537,559,062,283 $15,093,357,161
2016 $11,456,024,084,962 $14,069,277,526
2015 $11,280,814,787,469 $14,849,629,309
2014 $10,674,533,168,257 $15,146,883,498
2013 $9,743,124,247,267 $14,902,488,604
2012 $8,673,664,713,189 $13,708,925,477
2011 $7,671,757,207,851 $13,008,746,039
2010 $6,192,564,874,453 $11,859,312,725
2009 $5,189,577,094,998 $11,597,002,835
2008 $4,667,346,414,522 $10,432,962,635
2007 $3,604,055,822,572 $9,228,637,768
2006 $2,791,498,472,804 $7,638,739,123
2005 $2,317,551,298,052 $7,030,149,730
2004 $1,984,196,551,300 $6,087,360,684
2003 $1,683,903,309,844 $5,071,947,798
2002 $1,489,821,682,051 $6,205,847,214
2001 $1,355,036,590,252 $6,331,970,324
2000 $1,223,754,919,971 $6,813,566,099
1999 $1,103,843,203,576 $4,153,725,884
1998 $1,037,134,141,760 $3,723,903,724
1997 $967,753,570,435 $3,338,949,152
1996 $868,523,936,530 $2,907,517,604
1995 $738,190,896,228 $2,813,313,279
1994 $566,929,539,493 $2,167,569,046
1993 $446,557,291,212 $1,878,253,767
1992 $428,502,354,788 $2,257,129,792
1991 $384,510,452,962 $3,473,562,628
1990 $361,560,229,446 $3,096,289,800
1989 $348,380,566,802 $2,736,243,800
1988 $312,888,888,889 $2,613,926,800
1987 $273,455,156,951 $2,047,200,000
1986 $301,310,144,928 $2,318,000,000
1985 $310,064,625,850 $2,009,400,000
1984 $260,442,857,143 $1,816,200,000
1983 $231,130,268,199 $1,623,600,000
1982 $205,480,916,031 $1,474,200,000
1981 $196,218,253,968 $1,479,400,000
1980 $191,487,500,000 $1,383,800,000
1979 $178,573,913,043 $1,080,600,000
1978 $149,788,617,886 $974,200,000
1977 $175,226,595,860 $947,000,000
1976 $154,196,810,059 $879,000,000
1975 $163,687,619,736 $681,400,000
1974 $144,418,433,058 $565,399,322
1973 $138,764,340,892 $466,798,973
1972 $113,871,930,714 $371,998,958
1971 $99,959,013,880 $362,800,000
1970 $92,752,930,873 $331,200,000
1969 $79,847,786,729 $391,820,400
1968 $70,980,323,819 $367,968,800
1967 $73,011,350,596 $369,124,200
1966 $76,854,053,259 $368,948,600
1965 $70,565,994,356 $353,251,800
1964 $59,821,862,703 $325,281,200
1963 $50,812,227,919 $294,883,400
1962 $47,310,737,754 $281,896,800
1961 $50,162,299,350 $271,066,000
1960 $59,846,235,025 $273,187,200

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in China vs Haiti by year

China
GDP per capita

GDP per capita, PPP
Haiti
GDP per capita

GDP per capita, PPP
1x
Year Current $
China Haiti
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,303 $27,105 $2,143 $3,194
2023 $12,951 $25,179 $1,706 $3,292
2022 $12,971 $23,032 $1,761 $3,275
2021 $12,887 $20,843 $1,841 $3,145
2020 $10,627 $18,267 $1,290 $3,103
2019 $10,343 $17,601 $1,352 $3,237
2018 $10,086 $16,298 $1,496 $3,197
2017 $8,980 $15,022 $1,395 $3,339
2016 $8,255 $14,157 $1,318 $3,253
2015 $8,175 $13,463 $1,411 $3,026
2014 $7,781 $12,942 $1,460 $3,076
2013 $7,147 $12,228 $1,458 $3,042
2012 $6,405 $11,420 $1,361 $2,830
2011 $5,704 $10,457 $1,312 $2,858
2010 $4,629 $9,411 $1,210 $2,695
2009 $3,898 $8,448 $1,197 $2,855
2008 $3,523 $7,713 $1,095 $2,724
2007 $2,735 $6,935 $985 $2,647
2006 $2,129 $5,946 $829 $2,504
2005 $1,778 $5,148 $776 $2,427
2004 $1,531 $4,505 $683 $2,322
2003 $1,307 $4,007 $579 $2,331
2002 $1,164 $3,591 $721 $2,248
2001 $1,065 $3,258 $749 $2,230
2000 $969 $2,964 $821 $2,229
1999 $881 $2,690 $510 $2,201
1998 $835 $2,483 $465 $2,152
1997 $787 $2,297 $425 $2,122
1996 $713 $2,088 $377 $2,070
1995 $613 $1,884 $372 $1,989
1994 $476 $1,680 $292.1 $1,807
1993 $379 $1,471 $258.1 $2,048
1992 $368 $1,276 $316 $2,158
1991 $334 $1,105 $497 $2,273
1990 $319 $991 $452 $2,202
1989 $311 - $407 -
1988 $284 - $397 -
1987 $252.3 - $318 -
1986 $282.4 - $367 -
1985 $295 - $325 -
1984 $251.2 - $299.2 -
1983 $225.9 - $272.8 -
1982 $203.7 - $252.6 -
1981 $197.4 - $258.5 -
1980 $195.1 - $246.5 -
1979 $184.3 - $196.2 -
1978 $156.7 - $180.3 -
1977 $185.7 - $178.7 -
1976 $165.7 - $169.1 -
1975 $178.6 - $133.6 -
1974 $160.4 - $113 -
1973 $157.3 - $95.1 -
1972 $132.1 - $77.3 -
1971 $118.8 - $76.8 -
1970 $113.3 - $71.5 -
1969 $100.3 - $86.1 -
1968 $91.6 - $82.4 -
1967 $96.8 - $84.2 -
1966 $104.5 - $85.7 -
1965 $98.7 - $83.6 -
1964 $85.7 - $78.5 -
1963 $74.5 - $72.4 -
1962 $71.1 - $70.4 -
1961 $76 - $69 -
1960 $89.7 - $70.8 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

China's GDP per capita is $13,303, ranking 76/197, compared to $2,143 in Haiti, ranking 153/197. Adjusted for purchasing power (GDP per capita PPP), China ranks 77th at $27,105, while Haiti ranks 177th at $3,194.

Economic indicators

China Haiti
Gross domestic product
$18.7T
2024
$25.2B
2024
GDP rank
2/197
2024
117/197
2024
GDP growth
4.98%
2023-2024
-4.17%
2023-2024
GDP per capita
$13,303
2024
$2,143
2024
GDP per capita rank
76/197
2024
153/197
2024
GDP per capita, PPP
$27,105
2024
$3,194
2024
GDP per capita PPP rank
77/197
2024
177/197
2024
Government debt
$16.6T
2024
$3.91B
2024
Debt-to-GDP ratio
88.3%
2024
15.5%
2024
Government debt per person
$11,749
2024
$332
2024
Government debt per person rank
47/185
2024
176/185
2024
Average annual personal income after taxes
$9,826
2026
$1,896
2026
Market capitalization of domestic companies
$11.8T
2024
n/a
Number of millionaires
6,327,000
2025
n/a
Number of billionaires
450
2025
n/a
Income share by richest 10%
28.4%
2022
31.2%
2012
Income share by poorest 10%
3.1%
2022
2.1%
2012
Government expenditure, % of GDP
32.9%
2024
5.25%
2024
Consumer prices inflation
0.2%
2023-2024
26.9%
2023-2024
Central bank interest rate
3.1%
2024
n/a
Unemployment rate
5.11%
2021
14.1%
2012
Population
1402578808
12076663

Spending and national debt comparison by year

China
Spending

Debt
Haiti
Spending

Debt
1x
Year % of GDP
China Haiti
Government spending Government debt Government spending Government debt
2024 32.9% 88.3% 5.25% 15.5%
2023 32.7% 82% 6.46% 28.5%
2022 32.6% 75.5% 8.33% 29.5%
2021 31.9% 70.1% 9.42% 28.9%
2020 34.8% 69% 9.86% 22.3%
2019 33.6% 59.4% 9.59% 26.5%
2018 32.6% 55.6% 11.3% 24.1%
2017 32% 53.9% 10.2% 22.5%
2016 31.7% 49.7% 10.5% 24.4%
2015 31% 40.8% 12.7% 23.9%
2014 28.4% 39.3% 14.6% 21.4%
2013 28.1% 36.4% 15.9% 25.1%
2012 27.7% 33.8% 16.4% 24.1%
2011 26.6% 33.2% 14.1% 22.3%
2010 24.7% 33.3% 12.6% 24.9%
2009 25.2% 34% 11.6% 19.4%
2008 22.2% 26.7% 11.2% 33.9%
2007 17.9% 28.7% 11.1% 24.4%
2006 18.1% 25.2% 9.67% 32.2%
2005 18% 25.9% 8.75% 29.7%
2004 17.6% 26% 7.38% 30.4%
2003 18% 26.4% 7.83% 37.8%
2002 18.2% 25.6% 6.64% 32%
2001 17.2% 24.3% 6.11% 28.8%
2000 16.1% 22.7% 6.25% 32.5%
1999 14.9% 21.6% 6.91% 24.1%
1998 12.6% 20.4% 5.4% 24%
1997 11.5% 20.4% 5.46% 26.2%
1996 11% 21.2% - 26.2%
1995 11.1% 21.4% - 26.2%
1994 12.4% - - 35.3%
1993 13.4% - - 98%
1992 14.6% - - 118.9%
1991 16.5% - - 80.7%
1990 18.2% - - 85.1%
1989 18.6% - - 98.7%
1988 20.9% 4.46% - 90.9%
1987 23.4% 3.6% 32.4% 58.6%
1986 25.6% 3.24% 15.1% 26.5%
1985 25.8% 3.31% 17.4% 25.6%
1984 26.9% 0.97% 16.9% 27.3%
1983 28.3% - 21.9% 28.9%
1982 27.9% - 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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

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

In 2024, China's government spending was $6.18T, accounting for 32.9% of its GDP, while Haiti spent $1.32B, or 5.25% of GDP.

Debt-to-GDP ratio is 88.3% in China and 15.5% in Haiti, ranking 34/185 and 177/185, respectively.

Government deficit by year

Deficit/surplus
China

Haiti
1x
Year Deficit/surplus, % of GDP
China Haiti
2024 -7.34% 6.96%
2023 -6.71% 0.77%
2022 -7.32% -1.75%
2021 -5.9% -2.45%
2020 -9.56% -1.96%
2019 -6% -1.99%
2018 -4.2% -1.13%
2017 -3.34% -0.32%
2016 -3.33% 0.12%
2015 -2.5% -1.47%
2014 -0.67% -3.64%
2013 -0.82% -3.98%
2012 -0.3% -2.71%
2011 -0.1% -1.43%
2010 -0.36% -1.5%
2009 -1.72% -2%
2008 -0.02% -1.8%
2007 0.06% -1.55%
2006 -1.13% -0.91%
2005 -1.38% -0.83%
2004 -1.49% -1.34%
2003 -2.36% -2.24%
2002 -2.84% -1.8%
2001 -2.56% -1.55%
2000 -2.81% -1.36%
1999 -2.3% -1.54%
1998 -1.08% 0.21%
1997 -0.73% 0.37%
1996 -0.73% -
1995 -0.94% -
1994 -1.68% -
1993 -0.89% -
1992 -1.22% -
1991 -1.04% -
1990 -0.72% -
1989 -0.91% -
1988 -2.22% -
1987 -2.08% -4.94%
1986 -1.82% -1.4%
1985 -0.45% -0.97%
1984 -1.44% -3.52%
1983 -1.61% -5.72%
1982 -1.33% -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) | Public Finances in Modern History (1924–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, China's government deficit, the difference between spending and revenue, was $1.38T, equivalent to 7.34% of GDP. This compares to Haiti's surplus of $1.76B, or 6.96% of GDP.

Over the past 43 years, China recorded a fiscal deficit in 42 of those years, while Haiti ran a deficit in 29 years. On average, China posted an annual deficit equal to 2.28% of GDP, compared to deficit of 1.57% of GDP for Haiti.

Inflation comparison by year

Inflation
China

Haiti
1x
Year Consumer prices inflation
China Haiti
2024 0.2% 26.9%
2023 0.2% 36.8%
2022 2% 34%
2021 0.9% 16.8%
2020 2.5% 22.8%
2019 2.9% 18.7%
2018 2.1% 12.5%
2017 1.6% 10.7%
2016 2% 11.5%
2015 1.5% 6.73%
2014 2% 3.44%
2013 2.7% 4.77%
2012 2.6% 5.02%
2011 5.4% 6.33%
2010 3.3% 4.83%
2009 -0.7% 0.39%
2008 5.9% 15.3%
2007 4.7% 6.56%
2006 1.5% 11.3%
2005 1.8% 14%
2004 3.9% 21%
2003 1.1% 28.7%
2002 -0.8% 7.03%
2001 0.7% 13.3%
2000 0.4% 9.33%
1999 -1.4% 3%
1998 -0.8% 5.27%
1997 2.8% 20.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, China has recorded an average annual inflation rate of 1.82%, compared with 13.5% in Haiti. In 2024, inflation was 0.2% in China and 26.9% in Haiti.

Top exports between countries

China
Export category Export value
Textiles & consumer goods $148M
Machinery & equipment $121M
Chemicals & pharma $50.2M
Metals $30.8M
Miscellaneous $30.1M
Processed food, beverages & tobacco $25M
Raw materials & minerals $17.5M
Raw agricultural goods $16.1M
Wood & paper products $7.65M
Animal & marine products $3.4M
Haiti
Export category Export value
Animal & marine products $944K
Metals $716K
Textiles & consumer goods $386K
Chemicals & pharma $227K
Machinery & equipment $216K
Processed food, beverages & tobacco $22K

Balance of trade

China Haiti
Current account balance
$424B
2024
-$145M
2024
Current account balance ranking
1/190
2024
92/190
2024
Current account balance, % of GDP
+2.26%
2024
-0.58%
2024
Goods imports
$2.64T
2024
$4.27B
2024
Goods exports
$3.41T
2024
$767M
2024
Service imports
$613B
2024
$518M
2024
Service exports
$384B
2024
$96.6M
2024
Imports of goods and services, % of GDP
17.2%
2024
18.8%
2024
Exports of goods and services, % of GDP
20%
2024
3.4%
2024

Economic freedom indices

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

China Haiti
Economic freedom 48.3 46.1
Economic freedom ranking 170/197 178/197
Property rights 40.9 6.6
Government integrity 42.3 13
Judicial effectiveness 38.6 17.3
Tax burden 69.3 81.7
Government spending 67.8 98.7
Fiscal health 4.4 99.5
Business freedom 68.7 30.7
Labor freedom 57.9 54.7
Monetary freedom 76.1 45.1
Trade freedom 73.4 66.4
Investment freedom 20 20
Financial freedom 20 20

Economic freedom comparison by year

China
Haiti
1x
Year Economic freedom index
China Haiti
2026 48.3 46.1
2025 49 46.1
2024 48.5 48.2
2023 48.3 49.9
2022 48 50
2021 58.4 50.8
2020 59.5 52.3
2019 58.4 52.7
2018 57.8 55.8
2017 57.4 49.6
2016 52 51.3
2015 52.7 51.3
2014 52.5 48.9
2013 51.9 48.1
2012 51.2 50.7
2011 52 52.1
2010 51 50.8
2009 53.2 50.5
2008 53.1 49
2007 52 51.4
2006 53.6 49.2
2005 53.7 48.4
2004 52.5 51.2
2003 52.6 50.6
2002 52.8 47.9
2001 52.6 47.1
2000 56.4 45.7
1999 54.8 45.9
1998 53.1 45.7
1997 51.7 45.8
1996 51.3 41
1995 52 43

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for China is 48.3, ranking 170/197, 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

China Haiti
Services, % of GDP
56.7%
2024
48.3%
2024
Industry, % of GDP
36.5%
2024
33.4%
2024
Agriculture, forestry, and fishing, % of GDP
6.78%
2024
15.9%
2024
GNI, Atlas method
$19.3T
2024
$20.7B
2024
GNI per capita, PPP
$26,920
2024
$3,190
2024
Total reserves including gold
$3.46T
2024
$2.72B
2024
Total reserves ranking
1/177
2024
121/177
2024
Net foreign direct investment
$154B
2024
-$20M
2024
Net inflows of foreign direct investment
$18.6B
2024
$20M
2024
Net outflows of foreign direct investment
$172B
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.89%
2024
2.15%
2024
Poverty at national poverty lines
0%
2020
58.5%
2012
Gross capital formation, % of GDP
40.6%
2024
9.94%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1996, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2017–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.