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Haiti's economy ranking: GDP & GDP per capita, debt

Updated on by Georank team

Haiti ranked 118/197 by economy size with a GDP of $25.2B and 154/197 by GDP per capita at $2,143. Haiti has $3.77B in government debt, with a debt-to-GDP ratio of 11.8%.

In 2025, Haiti made up 0.02% of the world's economy, compared to 0.02% in 1960.

The chart below shows GDP in nominal terms, GDP adjusted for inflation (in constant dollars), and a bar chart of year-over-year inflation-adjusted growth.

GDP, current $
GDP, constant 2015 $
GDP growth
Year GDP GDP growth
Current $ Constant $
1960 $273,187,200 $6,694,501,129 -
1961 $271,066,000 $6,498,219,675 -0.78%
1962 $281,896,800 $7,010,771,683 4%
1963 $294,883,400 $6,878,072,319 4.61%
1964 $325,281,200 $6,764,765,888 10.3%
1965 $353,251,800 $6,911,006,452 8.6%
1966 $368,948,600 $6,871,213,789 4.44%
1967 $369,124,200 $6,725,703,043 0.05%
1968 $367,968,800 $6,939,689,176 -0.31%
1969 $391,820,400 $7,204,226,192 6.48%
1970 $331,200,000 $7,251,136,778 -15.5%
1971 $362,800,000 $7,721,038,032 9.54%
1972 $371,998,958 $7,796,480,893 2.54%
1973 $466,798,973 $8,167,228,672 25.5%
1974 $565,399,322 $8,639,285,436 21.1%
1975 $681,400,000 $8,736,283,401 20.5%
1976 $879,000,000 $9,473,523,980 29%
1977 $947,000,000 $9,824,816,122 7.74%
1978 $974,200,000 $10,434,825,547 2.87%
1979 $1,080,600,000 $11,223,742,331 10.9%
1980 $1,383,800,000 $12,051,458,301 28.1%
1981 $1,479,400,000 $11,707,665,180 6.91%
1982 $1,474,200,000 $11,290,433,821 -0.35%
1983 $1,623,600,000 $11,392,971,448 10.1%
1984 $1,816,200,000 $11,427,254,840 11.9%
1985 $2,009,400,000 $11,496,233,326 10.6%
1986 $2,318,000,000 $11,439,039,015 15.4%
1987 $2,047,200,000 $11,348,253,230 -11.7%
1988 $2,613,926,800 $11,370,998,175 27.7%
1989 $2,736,243,800 $11,039,712,740 4.68%
1990 $3,096,289,800 $11,154,318,515 13.2%
1991 $3,473,562,628 $11,364,080,464 12.2%
1992 $2,257,129,792 $10,760,655,414 -35%
1993 $1,878,253,767 $10,176,750,400 -16.8%
1994 $2,167,569,046 $8,960,564,686 15.4%
1995 $2,813,313,279 $9,847,455,168 29.8%
1996 $2,907,517,604 $10,255,215,965 3.35%
1997 $3,338,949,152 $10,532,590,220 14.8%
1998 $3,723,903,724 $10,762,394,521 11.5%
1999 $4,153,725,884 $11,054,082,104 11.5%
2000 $6,813,566,099 $11,150,259,169 64%
2001 $6,331,970,324 $11,112,041,892 -7.07%
2002 $6,205,847,214 $11,228,920,586 -1.99%
2003 $5,071,947,798 $11,619,774,578 -18.3%
2004 $6,087,360,684 $11,466,642,593 20%
2005 $7,030,149,730 $11,818,917,734 15.5%
2006 $7,638,739,123 $12,027,964,913 8.66%
2007 $9,228,637,768 $12,594,064,682 20.8%
2008 $10,432,962,635 $12,928,818,991 13%
2009 $11,597,002,835 $13,690,375,423 11.2%
2010 $11,859,312,725 $12,916,662,277 2.26%
2011 $13,008,746,039 $13,575,181,302 9.69%
2012 $13,708,925,477 $13,643,386,326 5.38%
2013 $14,902,488,604 $14,233,433,331 8.71%
2014 $15,146,883,498 $14,644,604,840 1.64%
2015 $14,849,629,309 $14,849,629,309 -1.96%
2016 $14,069,277,526 $15,118,774,100 -5.26%
2017 $15,093,357,161 $15,498,296,354 7.28%
2018 $16,403,864,618 $15,756,778,638 8.68%
2019 $15,016,090,930 $15,485,274,058 -8.46%
2020 $14,508,222,518 $14,973,407,477 -3.38%
2021 $20,877,414,953 $14,704,149,691 43.9%
2022 $20,253,551,921 $14,456,828,251 -2.99%
2023 $19,850,585,722 $14,187,369,713 -1.99%
2024 $25,224,154,991 $13,595,808,327 27.1%

Economic Statistics of Haiti

Haiti Rank
Gross domestic product
$25.2B
2024
118/197
GDP growth
27.1%
2023-2024
5/196
GDP per capita
$2,143
2024
154/197
GDP per capita, PPP
$3,183
2024
177/197
Government debt
$3.77B
2024
150/185
Debt-to-GDP ratio
11.8%
2025
179/185
Government debt per person
$320
2024
177/185
Average annual personal income after taxes
$2,081
2025
165/197
Income share by richest 10%
31.2%
2012
44/169
Income share by poorest 10%
2.1%
2012
131/169
Government expenditure, % of GDP
6.09%
2025
195/195
Consumer prices inflation
26.9%
2023-2024
13/195
Unemployment rate
14.1%
2012
18/196
Population
12011655
83/197

Haiti's GDP per capita

Haiti has a GDP per capita of $2,143, ranking 154/197, a GDP per capita based on purchasing power parity (PPP) of $3,183, ranking 177/197, and a median annual after tax income of $2,081, ranking 165/197.

GDP per capita
GDP per capita, PPP
Year Current $
GDP per capita GDP per capita, PPP
1960 $70.8 -
1961 $69 -
1962 $70.4 -
1963 $72.4 -
1964 $78.5 -
1965 $83.6 -
1966 $85.7 -
1967 $84.2 -
1968 $82.4 -
1969 $86.1 -
1970 $71.5 -
1971 $76.8 -
1972 $77.3 -
1973 $95.1 -
1974 $113 -
1975 $133.6 -
1976 $169.1 -
1977 $178.7 -
1978 $180.3 -
1979 $196.2 -
1980 $246.5 -
1981 $258.5 -
1982 $252.6 -
1983 $272.8 -
1984 $299.2 -
1985 $325 -
1986 $367 -
1987 $318 -
1988 $397 -
1989 $407 -
1990 $452 $2,202
1991 $497 $2,273
1992 $316 $2,158
1993 $258.1 $2,048
1994 $292.1 $1,807
1995 $372 $1,989
1996 $377 $2,070
1997 $425 $2,122
1998 $465 $2,152
1999 $510 $2,201
2000 $821 $2,229
2001 $749 $2,230
2002 $721 $2,248
2003 $579 $2,331
2004 $683 $2,322
2005 $776 $2,427
2006 $829 $2,504
2007 $985 $2,647
2008 $1,095 $2,724
2009 $1,197 $2,855
2010 $1,210 $2,695
2011 $1,312 $2,858
2012 $1,361 $2,830
2013 $1,458 $3,042
2014 $1,460 $3,076
2015 $1,411 $3,026
2016 $1,318 $3,253
2017 $1,395 $3,339
2018 $1,496 $3,197
2019 $1,352 $3,237
2020 $1,290 $3,103
2021 $1,835 $3,135
2022 $1,761 $3,265
2023 $1,706 $3,281
2024 $2,143 $3,183

Haiti's government spending, deficit, and chart

This chart shows Haiti's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 50 years, Haiti recorded a fiscal deficit in 45 years — average annual deficit equal to -2.35% of GDP. In 2024, government spending reached $1.21B (6.09% of GDP), with a deficit of -0.12%.

The national debt reached $3.77B, ranking 150th out of 185 countries by total size, with a debt-to-GDP ratio of 11.8%, ranking 179th.

Government spending
Government debt
Deficit/surplus
Year % of GDP
Government spending Government debt Government deficit/surplus
1924 4.2% - -0.14%
1925 4.5% - 0.05%
1926 4.36% - -0.45%
1927 4.32% - 0.73%
1928 4.5% - -0.25%
1929 4.18% - -0.32%
1930 3.69% - -0.52%
1931 3.29% - -0.49%
1932 3.33% - 0.4%
1933 3.68% - 0%
1934 4.24% - -1.23%
1935 3.66% - -0.2%
1936 3.51% - -0.06%
1937 2.89% - -0.08%
1938 2.96% - 0.15%
1939 3.71% - -0.16%
1940 3.29% - 0.13%
1941 3.02% - -0.21%
1942 - - -0.21%
1943 - - -0.21%
1944 - - -0.21%
1945 2.39% 3.36% 0.47%
1946 2.5% 3.1% 0.51%
1947 3.29% 3.08% 1.06%
1948 4.98% 2.75% 0.21%
1949 5.54% 2.36% -0.12%
1950 - - -0.12%
1951 - - -0.12%
1952 - - -0.12%
1953 9.75% 2.42% -1.01%
1954 10.1% 3.77% -0.81%
1955 12.3% 14.9% -0.86%
1956 12.7% 13.3% -2.18%
1957 10.1% 18.7% 0.28%
1958 12.1% 20.3% -2.21%
1959 12.9% 23.6% -1.11%
1960 7.34% 21.6% 0.006%
1961 - - 0.006%
1962 - - 0.006%
1963 8.95% - 0%
1964 - - 0%
1965 7.91% - 0%
1966 7.2% - 0%
1967 7.52% - 0%
1968 10.3% - -0.46%
1969 10.1% - -0.39%
1970 11.4% 12.5% -0.19%
1971 11.2% 11% -0.08%
1972 11.2% 11.1% 0.24%
1973 9.4% 8.92% 0.03%
1974 9.24% 13.3% 0.23%
1975 12.8% 14.2% -1.73%
1976 13.4% 14.9% -1.16%
1977 16.7% 18.5% -2.85%
1978 18.9% 20.1% -3.24%
1979 13.1% 19.8% -2.21%
1980 17.2% 20.3% -5.68%
1981 17.4% 23.7% -4.38%
1982 20.7% 25.5% -3.93%
1983 21.9% 28.9% -5.72%
1984 16.9% 27.3% -3.52%
1985 17.4% 25.6% -0.97%
1986 15.1% 26.5% -1.4%
1987 32.4% 58.6% -4.94%
1988 - 90.9% -4.94%
1989 - 98.7% -4.94%
1990 - 85.1% -4.94%
1991 - 80.7% -4.94%
1992 - 118.9% -4.94%
1993 - 98% -4.94%
1994 - 35.3% -4.94%
1995 - 26.2% -4.94%
1996 - 26.2% -4.94%
1997 5.46% 26.2% 0.37%
1998 5.4% 24% 0.21%
1999 6.91% 24.1% -1.54%
2000 6.25% 32.5% -1.36%
2001 6.11% 28.8% -1.55%
2002 6.64% 32% -1.8%
2003 7.83% 37.8% -2.24%
2004 7.38% 30.4% -1.34%
2005 8.75% 29.7% -0.83%
2006 9.67% 32.2% -0.91%
2007 11.1% 24.4% -1.55%
2008 11.2% 33.9% -1.8%
2009 11.6% 19.4% -2%
2010 12.6% 24.9% -1.5%
2011 14.1% 22.3% -1.43%
2012 16.4% 24.1% -2.71%
2013 15.9% 25.1% -3.98%
2014 14.6% 21.4% -3.64%
2015 12.7% 23.9% -1.47%
2016 10.5% 24.4% 0.12%
2017 10.2% 22.5% -0.32%
2018 11.3% 24.1% -1.13%
2019 9.59% 26.5% -1.99%
2020 10% 22.3% -2.11%
2021 9.31% 28.9% -2.35%
2022 8.33% 29.5% -1.75%
2023 6.53% 28.5% 0.77%
2024 4.79% 14.9% 6.71%
2025 6.09% 11.8% -0.12%

Inflation rate by year

Over the past 20 years, Haiti has had an average annual inflation rate of 13.5%. In 2024, inflation was 26.9%. The bar chart below shows consumer price inflation by year.

Year Inflation
1960 -5.03%
1961 3.78%
1962 -0.55%
1963 4.31%
1964 9.16%
1965 2.26%
1966 8.3%
1967 -2.94%
1968 1.32%
1969 1.41%
1970 1.37%
1971 9.58%
1972 3.19%
1973 22.7%
1974 15%
1975 16.8%
1976 7.04%
1977 6.49%
1978 -2.67%
1979 13.1%
1980 17.8%
1981 10.9%
1982 7.36%
1983 10.2%
1984 6.4%
1985 10.6%
1986 3.28%
1987 -11.4%
1988 4.11%
1989 6.92%
1990 21.3%
1991 15.4%
1992 19.4%
1993 29.7%
1994 39.3%
1995 27.6%
1996 20.6%
1997 20.6%
1998 5.27%
1999 3%
2000 9.33%
2001 13.3%
2002 7.03%
2003 28.7%
2004 21%
2005 14%
2006 11.3%
2007 6.56%
2008 15.3%
2009 0.39%
2010 4.83%
2011 6.33%
2012 5.02%
2013 4.77%
2014 3.44%
2015 6.73%
2016 11.5%
2017 10.7%
2018 12.5%
2019 18.7%
2020 22.8%
2021 16.8%
2022 34%
2023 36.8%
2024 26.9%

Balance of trade

Haiti Rank
Current account balance
-$683M
2023
112/189
Current account balance, % of GDP
-3.44%
2023
119/189
Goods imports
$4.71B
2023
134/188
Goods exports
$956M
2023
150/188
Service imports
$588M
2023
156/188
Service exports
$139M
2023
166/188
Imports of goods and services, % of GDP
18.8%
2024
168/180
Exports of goods and services, % of GDP
3.4%
2024
192/193

Haiti's top 10 trading partners

Haiti's biggest trading partner accounting for 32.7%% of all exports and imports is the United States, with a trade balance between the two of -$560M — Haiti exports $98.1M worth of goods and services to the United States and imports $658M.

Below is the list of the top 10 trade partners of Haiti.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 United States $756M 32.7% $98.1M $658M Textiles & consumer goods Raw agricultural goods
2 China $211M 9.14% $2.51M $209M Animal & marine products Metals
3 Curacao $161M 6.97% $79K $161M Raw agricultural goods Raw materials & minerals
4 Dominican Republic $141M 6.12% $3.58M $138M Machinery & equipment Raw materials & minerals
5 India $127M 5.52% $1.05M $126M Chemicals & pharma Chemicals & pharma
6 France $70.4M 3.05% $21.7M $48.7M Chemicals & pharma Machinery & equipment
7 Turkey $69.3M 3% $0 $69.3M Animal & marine products Metals
8 Indonesia $61.9M 2.68% $8K $61.8M Processed food, beverages & tobacco Processed food, beverages & tobacco
9 Netherlands $52.1M 2.25% $914K $51.1M Chemicals & pharma Animal & marine products
10 Canada $45.5M 1.97% $7.74M $37.8M Animal & marine products Raw agricultural goods

Haiti's top 10 exports

Haiti Rank
Transport & tourism services $76.3M 164/188
Textiles & consumer goods $43.2M 131/193
IT & IP services $31.7M 134/183
Chemicals & pharma $30.3M 130/193
Machinery & equipment $25.4M 154/193
Metals $18.4M 148/192
Animal & marine products $15.7M 146/192
Raw agricultural goods $13.8M 152/193
Business & finance services $13.8M 166/188
Processed food, beverages & tobacco $13.7M 157/192

Haiti's top 10 imports

Haiti Rank
Transport & tourism services $536M 145/188
Raw materials & minerals $359M 154/193
Machinery & equipment $347M 162/193
Chemicals & pharma $341M 144/193
Processed food, beverages & tobacco $324M 141/193
Raw agricultural goods $253M 135/193
Metals $175M 149/193
Textiles & consumer goods $141M 157/193
Business & finance services $126M 150/188
Animal & marine products $124M 129/193

Economic freedom indices

Haiti Rank
Economic freedom 46.1 179/197
Property rights 10.7 173/182
Government integrity 13 173/182
Judicial effectiveness 16.7 173/182
Tax burden 81.7 76/181
Government spending 98.1 1/180
Fiscal health 96.6 18/181
Business freedom 33.3 170/182
Labor freedom 54.9 117/182
Monetary freedom 41.2 171/180
Trade freedom 66.4 124/181
Investment freedom 20 165/181
Financial freedom 20 163/181

Haiti's economic freedom by year

Haiti is ranked 165/180 for economic freedom with a score of 46.1, compared to 138/163 and a score of 48.4 in 2005.

Economic freedom
Judicial effectiveness
Tax burden
Government spending
Fiscal health
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
1995 43 - 78.6 95.5 -
1996 41 - 78.6 97.7 -
1997 45.8 - 78.7 98.7 -
1998 45.7 - 78.5 96.6 -
1999 45.9 - 78.4 97.2 -
2000 45.7 - 78.3 90.3 -
2001 47.1 - 78.3 95.7 -
2002 47.9 - 78.3 95.7 -
2003 50.6 - 78.4 96.7 -
2004 51.2 - 78.2 96.9 -
2005 48.4 - 78.1 96.3 -
2006 49.2 - 78 93.2 -
2007 51.4 - 78 95.2 -
2008 49 - 77.8 93.2 -
2009 50.5 - 77.9 93.8 -
2010 50.8 - 81.5 91.3 -
2011 52.1 - 80.9 90.1 -
2012 50.7 - 80.6 85.3 -
2013 48.1 - 80.7 66.3 -
2014 48.9 - 80.3 66.3 -
2015 51.3 - 80.3 76.2 -
2016 51.3 - 80.5 76.4 -
2017 49.6 25.1 80.3 81 51.8
2018 55.8 42.5 80.1 85.6 83.6
2019 52.7 25.3 79.9 88.3 95.9
2020 52.3 23.3 80.2 89.4 96.3
2021 50.8 15.1 80.2 91.3 92.9
2022 50 18.6 81.5 97 94.8
2023 49.9 15.8 81.7 96.8 90
2024 48.2 17.5 81.7 97.5 89.9
2025 46.1 16.7 81.7 98.1 96.6

More economic indicators

Haiti Rank
Services, % of GDP
48.3%
2024
141/191
Industry, % of GDP
33.4%
2024
39/194
Agriculture, forestry, and fishing, % of GDP
15.9%
2024
51/193
GNI, Atlas method
$20.7B
2024
119/194
GNI per capita, PPP
$3,180
2024
173/191
Total reserves including gold
$2.72B
2024
121/177
Net foreign direct investment
-$23.6M
2023
51/188
Net inflows of foreign direct investment
$40.9M
2024
155/193
Net outflows of foreign direct investment
-$1M
1999
165/187
Servicing debt to the IMF, % of GNI
0.32%
2023
115/119
Poverty at national poverty lines
58.5%
2012
10/176
Gross capital formation, % of GDP
9.94%
2024
169/176

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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.