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Economy of Haiti vs Indonesia compared: GDP & Debt

Updated on by Georank team

Haiti has a GDP of $25.2B compared to $1.4T for Indonesia, ranking 117/197 and 16/197 by economy size, respectively.

Haiti has $3.91B in government debt (15.5% of GDP), compared to $561B (40.2% of GDP) in Indonesia.

Haiti vs Indonesia GDP by year

Haiti
Indonesia
1x
Year GDP, current $
Haiti Indonesia
2024 $25,224,154,991 $1,396,300,098,191
2023 $19,850,585,722 $1,371,169,301,564
2022 $20,253,551,921 $1,319,101,183,380
2021 $20,944,387,976 $1,186,509,691,087
2020 $14,508,222,518 $1,059,054,842,698
2019 $15,016,090,930 $1,119,099,871,350
2018 $16,403,864,618 $1,042,271,532,989
2017 $15,093,357,161 $1,015,618,744,160
2016 $14,069,277,526 $931,877,364,038
2015 $14,849,629,309 $860,854,232,686
2014 $15,146,883,498 $890,814,755,534
2013 $14,902,488,604 $912,524,136,718
2012 $13,708,925,477 $917,869,913,333
2011 $13,008,746,039 $892,969,104,563
2010 $11,859,312,725 $755,094,157,622
2009 $11,597,002,835 $539,580,085,612
2008 $10,432,962,635 $510,228,634,992
2007 $9,228,637,768 $432,216,737,775
2006 $7,638,739,123 $364,570,515,618
2005 $7,030,149,730 $285,868,619,196
2004 $6,087,360,684 $256,836,875,295
2003 $5,071,947,798 $234,772,463,824
2002 $6,205,847,214 $195,660,611,165
2001 $6,331,970,324 $160,446,947,785
2000 $6,813,566,099 $165,021,012,078
1999 $4,153,725,884 $140,001,351,215
1998 $3,723,903,724 $95,445,547,873
1997 $3,338,949,152 $215,748,998,610
1996 $2,907,517,604 $227,369,679,375
1995 $2,813,313,279 $202,132,028,723
1994 $2,167,569,046 $176,892,143,932
1993 $1,878,253,767 $158,006,700,302
1992 $2,257,129,792 $128,026,966,580
1991 $3,473,562,628 $116,621,996,217
1990 $3,096,289,800 $106,140,727,334
1989 $2,736,243,800 $94,451,427,877
1988 $2,613,926,800 $84,300,174,486
1987 $2,047,200,000 $75,929,617,558
1986 $2,318,000,000 $79,954,072,545
1985 $2,009,400,000 $85,289,488,375
1984 $1,816,200,000 $84,853,700,028
1983 $1,623,600,000 $81,052,283,384
1982 $1,474,200,000 $90,158,449,295
1981 $1,479,400,000 $85,518,233,419
1980 $1,383,800,000 $72,482,337,397
1979 $1,080,600,000 $51,400,186,343
1978 $974,200,000 $51,455,719,076
1977 $947,000,000 $45,808,915,663
1976 $879,000,000 $37,269,156,627
1975 $681,400,000 $30,463,855,422
1974 $565,399,322 $25,802,409,639
1973 $466,798,973 $16,273,253,012
1972 $371,998,958 $10,997,590,361
1971 $362,800,000 $9,333,536,370
1970 $331,200,000 $9,150,684,932
1969 $391,820,400 $8,337,423,313
1968 $367,968,800 $7,076,465,300
1967 $369,124,200 $5,667,756,628
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Haiti vs Indonesia by year

Haiti
GDP per capita

GDP per capita, PPP
Indonesia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Haiti Indonesia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,143 $3,194 $4,925 $16,448
2023 $1,706 $3,292 $4,876 $15,416
2022 $1,761 $3,275 $4,731 $14,285
2021 $1,841 $3,145 $4,287 $12,757
2020 $1,290 $3,103 $3,854 $11,729
2019 $1,352 $3,237 $4,107 $11,986
2018 $1,496 $3,197 $3,861 $11,372
2017 $1,395 $3,339 $3,799 $10,688
2016 $1,318 $3,253 $3,521 $10,263
2015 $1,411 $3,026 $3,288 $10,028
2014 $1,460 $3,076 $3,441 $10,065
2013 $1,458 $3,042 $3,567 $9,866
2012 $1,361 $2,830 $3,632 $9,530
2011 $1,312 $2,858 $3,579 $8,937
2010 $1,210 $2,695 $3,066 $8,353
2009 $1,197 $2,855 $2,218 $7,868
2008 $1,095 $2,724 $2,125 $7,569
2007 $985 $2,647 $1,823 $7,096
2006 $829 $2,504 $1,558 $6,583
2005 $776 $2,427 $1,238 $6,134
2004 $683 $2,322 $1,127 $5,700
2003 $579 $2,331 $1,043 $5,353
2002 $721 $2,248 $881 $5,076
2001 $749 $2,230 $732 $4,849
2000 $821 $2,229 $764 $4,639
1999 $510 $2,201 $657 $4,386
1998 $465 $2,152 $455 $4,356
1997 $425 $2,122 $1,045 $5,037
1996 $377 $2,070 $1,119 $4,807
1995 $372 $1,989 $1,011 $4,451
1994 $292.1 $1,807 $900 $4,096
1993 $258.1 $2,048 $817 $3,793
1992 $316 $2,158 $674 $3,538
1991 $497 $2,273 $624 $3,305
1990 $452 $2,202 $578 $3,044
1989 $407 - $524 -
1988 $397 - $477 -
1987 $318 - $438 -
1986 $367 - $470 -
1985 $325 - $511 -
1984 $299.2 - $520 -
1983 $272.8 - $508 -
1982 $252.6 - $578 -
1981 $258.5 - $561 -
1980 $246.5 - $487 -
1979 $196.2 - $353 -
1978 $180.3 - $362 -
1977 $178.7 - $331 -
1976 $169.1 - $275.7 -
1975 $133.6 - $231.1 -
1974 $113 - $200.7 -
1973 $95.1 - $129.9 -
1972 $77.3 - $90.1 -
1971 $76.8 - $78.5 -
1970 $71.5 - $79.1 -
1969 $86.1 - $74.1 -
1968 $82.4 - $64.7 -
1967 $84.2 - $53.2 -
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 (1960–2024, retrieved 2026-04-06).

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

Haiti's GDP per capita is $2,143, ranking 153/197, compared to $4,925 in Indonesia, ranking 121/197. Adjusted for purchasing power (GDP per capita PPP), Haiti ranks 177th at $3,194, while Indonesia ranks 107th at $16,448.

Economic indicators

Haiti Indonesia
Gross domestic product
$25.2B
2024
$1.4T
2024
GDP rank
117/197
2024
16/197
2024
GDP growth
-4.17%
2023-2024
5.03%
2023-2024
GDP per capita
$2,143
2024
$4,925
2024
GDP per capita rank
153/197
2024
121/197
2024
GDP per capita, PPP
$3,194
2024
$16,448
2024
GDP per capita PPP rank
177/197
2024
107/197
2024
Government debt
$3.91B
2024
$561B
2024
Debt-to-GDP ratio
15.5%
2024
40.2%
2024
Government debt per person
$332
2024
$1,978
2024
Government debt per person rank
176/185
2024
120/185
2024
Average annual personal income after taxes
$1,896
2026
$3,371
2026
Market capitalization of domestic companies n/a
$758B
2023
Number of millionaires n/a
178,605
2025
Number of billionaires n/a
33
2025
Income share by richest 10%
31.2%
2012
28.8%
2024
Income share by poorest 10%
2.1%
2012
3.5%
2024
Government expenditure, % of GDP
5.25%
2024
16.8%
2024
Consumer prices inflation
26.9%
2023-2024
2.18%
2023-2024
Central bank interest rate n/a
4.75%
2025
Unemployment rate
14.1%
2012
3.31%
2023
Population
12076663
288551776

Spending and national debt comparison by year

Haiti
Spending

Debt
Indonesia
Spending

Debt
1x
Year % of GDP
Haiti Indonesia
Government spending Government debt Government spending Government debt
2024 5.25% 15.5% 16.8% 40.2%
2023 6.46% 28.5% 16.6% 39.6%
2022 8.33% 29.5% 17.3% 40.1%
2021 9.42% 28.9% 18.1% 41.1%
2020 9.86% 22.3% 18.4% 39.7%
2019 9.59% 26.5% 16.4% 30.6%
2018 11.3% 24.1% 16.6% 30.4%
2017 10.2% 22.5% 16.4% 29.4%
2016 10.5% 24.4% 16.9% 28%
2015 12.7% 23.9% 17.6% 27%
2014 14.6% 21.4% 18.4% 24.6%
2013 15.9% 25.1% 18.8% 24.9%
2012 16.4% 24.1% 18.8% 23%
2011 14.1% 22.3% 17.7% 23.1%
2010 12.6% 24.9% 16.9% 26.4%
2009 11.6% 19.4% 17% 26.5%
2008 11.2% 33.9% 19.4% 30.3%
2007 11.1% 24.4% 18.7% 38.1%
2006 9.67% 32.2% 18.4% 35.8%
2005 8.75% 29.7% 17.4% 42.6%
2004 7.38% 30.4% 17.8% 51.3%
2003 7.83% 37.8% 18.2% 55.6%
2002 6.64% 32% 16.9% 62.3%
2001 6.11% 28.8% 19.5% 73.7%
2000 6.25% 32.5% 15.3% 87.4%
1999 6.91% 24.1% 15.1% 95.9%
1998 5.4% 24% 15.1% 72.5%
1997 5.46% 26.2% 15.2% 26.4%
1996 - 26.2% 11.5% 27.5%
1995 - 26.2% 11.9% 32%
1994 - 35.3% 13.5% 37%
1993 - 98% 14.1% 40.4%
1992 - 118.9% 16.8% 42.6%
1991 - 80.7% 15% 39.2%
1990 - 85.1% 15.8% 40.8%
1989 - 98.7% 16.5% 42.5%
1988 - 90.9% 17.3% 45.6%
1987 32.4% 58.6% 18% 49.7%
1986 15.1% 26.5% 20.9% 38.3%
1985 17.4% 25.6% 18.5% 28%
1984 16.9% 27.3% 16.1% 23.5%
1983 21.9% 28.9% 18.2% 23.1%
1982 20.7% 25.5% 18.8% 18.6%
1981 17.4% 23.7% 24.4% 16.4%
1980 17.2% 20.3% 22.1% 17.3%
1979 13.1% 19.8% 20.9% 22%
1978 18.9% 20.1% 20.1% 30.3%
1977 16.7% 18.5% 19.5% 27.7%
1976 13.4% 14.9% 21.8% 38.1%
1975 12.8% 14.2% 20.5% 36.7%
1974 9.24% 13.3% 17.3% 34.4%
1973 9.4% 8.92% 16.3% 43.1%
1972 11.2% 11.1% 15.7% 51.2%
1971 11.2% 11% 14.5% 50.5%
1970 11.4% 12.5% 13.8% 46.7%
1969 10.1% - 12.8% -
1968 10.3% - 8.82% -
1967 7.52% - 10.4% -
1966 7.2% - 9.18% -
1965 7.91% - 10.7% -
1964 - - 9.55% -
1963 8.95% - 10.3% -
1962 - - 7.89% -
1961 - - 15.1% -
1960 7.34% 21.6% 14.4% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1993–2024, retrieved 2026-02-20).

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

In 2024, Haiti's government spending was $1.32B, accounting for 5.25% of its GDP, while Indonesia spent $235B, or 16.8% of GDP.

Debt-to-GDP ratio is 15.5% in Haiti and 40.2% in Indonesia, ranking 177/185 and 132/185, respectively.

Government deficit by year

Deficit/surplus
Haiti

Indonesia
1x
Year Deficit/surplus, % of GDP
Haiti Indonesia
2024 6.96% -2.3%
2023 0.77% -1.64%
2022 -1.75% -2.31%
2021 -2.45% -4.4%
2020 -1.96% -6.07%
2019 -1.99% -2.09%
2018 -1.13% -1.69%
2017 -0.32% -2.26%
2016 0.12% -2.56%
2015 -1.47% -2.72%
2014 -3.64% -1.8%
2013 -3.98% -1.96%
2012 -2.71% -1.59%
2011 -1.43% -0.7%
2010 -1.5% -1.24%
2009 -2% -1.64%
2008 -1.8% 0.05%
2007 -1.55% -0.95%
2006 -0.91% 0.45%
2005 -0.83% 0.46%
2004 -1.34% -0.26%
2003 -2.24% -1.08%
2002 -1.8% -0.58%
2001 -1.55% -1.76%
2000 -1.36% -1.87%
1999 -1.54% -0.96%
1998 0.21% -1.89%
1997 0.37% -1.03%
1996 - 0.96%
1995 - 0.64%
1994 - 0.005%
1993 - -0.59%
1992 - -2.95%
1991 - -0.87%
1990 - -0.55%
1989 - -1.72%
1988 - -2.68%
1987 -4.94% -0.9%
1986 -1.4% -2.94%
1985 -0.97% -0.45%
1984 -3.52% 1.83%
1983 -5.72% -1%
1982 -3.93% -1.11%
1981 -4.38% -0.69%
1980 -5.68% -0.82%
1979 -2.21% -0.67%
1978 -3.24% -2.03%
1977 -2.85% -0.38%
1976 -1.16% -2.63%
1975 -1.73% -2.33%
1974 0.23% -0.35%
1973 0.03% -1.33%
1972 0.24% -1.82%
1971 -0.08% -2.51%
1970 -0.19% -3.02%
1969 -0.39% -2.8%
1968 -0.46% 0%
1967 0% -0.35%
1966 0% -5.06%
1965 0% -6.62%
1964 - -5.58%
1963 0% -5.24%
1962 - -3.1%
1961 - -4.57%
1960 0.006% -1.65%
1959 -1.11% -4.06%
1958 -2.21% -6.67%
1957 0.28% -2.92%
1956 -2.18% -1.38%
1955 -0.86% -1.6%
1954 -0.81% -3.16%
1953 -1.01% -2.33%
1952 - -3.66%
1951 - 1.52%
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 (1924–1992, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Haiti's government surplus, the difference between spending and revenue, was $1.76B, equivalent to 6.96% of GDP. This compares to Indonesia's deficit of $32.1B, or 2.3% of GDP.

Over the past 58 years, Haiti recorded a fiscal deficit in 40 of those years, while Indonesia ran a deficit in 50 years. On average, Haiti posted an annual deficit equal to 1.53% of GDP, compared to deficit of 1.39% of GDP for Indonesia.

Inflation comparison by year

Inflation
Haiti

Indonesia
1x
Year Consumer prices inflation
Haiti Indonesia
2024 26.9% 2.18%
2023 36.8% 3.67%
2022 34% 4.21%
2021 16.8% 1.56%
2020 22.8% 1.92%
2019 18.7% 3.03%
2018 12.5% 3.2%
2017 10.7% 3.81%
2016 11.5% 3.53%
2015 6.73% 6.36%
2014 3.44% 6.39%
2013 4.77% 6.41%
2012 5.02% 4.28%
2011 6.33% 5.36%
2010 4.83% 5.13%
2009 0.39% 4.39%
2008 15.3% 10.2%
2007 6.56% 6.41%
2006 11.3% 13.1%
2005 14% 10.5%
2004 21% 6.06%
2003 28.7% 6.76%
2002 7.03% 11.9%
2001 13.3% 11.5%
2000 9.33% 3.69%
1999 3% 20.5%
1998 5.27% 58.5%
1997 20.6% 6.23%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Haiti has recorded an average annual inflation rate of 13.5%, compared with 8.24% in Indonesia. In 2024, inflation was 26.9% in Haiti and 2.18% in Indonesia.

Top exports between countries

Haiti
Export category Export value
Processed food, beverages & tobacco $7K
Miscellaneous $2K
Indonesia
Export category Export value
Processed food, beverages & tobacco $99.7M
Chemicals & pharma $4.95M
Raw agricultural goods $2.47M
Wood & paper products $1.67M
Machinery & equipment $636K
Raw materials & minerals $240K
Textiles & consumer goods $120K
Animal & marine products $31K
Metals $26K
Precious metals & jewellery $19K

Balance of trade

Haiti Indonesia
Current account balance
-$145M
2024
-$8.72B
2024
Current account balance ranking
92/190
2024
174/190
2024
Current account balance, % of GDP
-0.58%
2024
-0.62%
2024
Goods imports
$4.27B
2024
$223B
2024
Goods exports
$767M
2024
$263B
2024
Service imports
$518M
2024
$57.6B
2024
Service exports
$96.6M
2024
$39B
2024
Imports of goods and services, % of GDP
18.8%
2024
20.4%
2024
Exports of goods and services, % of GDP
3.4%
2024
22.2%
2024

Economic freedom indices

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

Haiti Indonesia
Economic freedom 46.1 65.1
Economic freedom ranking 178/197 67/197
Property rights 6.6 39.7
Government integrity 13 42
Judicial effectiveness 17.3 43.1
Tax burden 81.7 81.5
Government spending 98.7 91.4
Fiscal health 99.5 89.8
Business freedom 30.7 69.2
Labor freedom 54.7 56.8
Monetary freedom 45.1 79.4
Trade freedom 66.4 78.6
Investment freedom 20 50
Financial freedom 20 60

Economic freedom comparison by year

Haiti
Indonesia
1x
Year Economic freedom index
Haiti Indonesia
2026 46.1 65.1
2025 46.1 65.2
2024 48.2 63.5
2023 49.9 63.5
2022 50 64.4
2021 50.8 66.9
2020 52.3 67.2
2019 52.7 65.8
2018 55.8 64.2
2017 49.6 61.9
2016 51.3 59.4
2015 51.3 58.1
2014 48.9 58.5
2013 48.1 56.9
2012 50.7 56.4
2011 52.1 56
2010 50.8 55.5
2009 50.5 53.4
2008 49 53.2
2007 51.4 53.2
2006 49.2 51.9
2005 48.4 52.9
2004 51.2 52.1
2003 50.6 55.8
2002 47.9 54.8
2001 47.1 52.5
2000 45.7 55.2
1999 45.9 61.5
1998 45.7 63.4
1997 45.8 62
1996 41 61
1995 43 54.9

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

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

The Economic Freedom Index for Haiti is 46.1, ranking 178/197, compared to 65.1 for Indonesia, ranking 67/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Haiti Indonesia
Services, % of GDP
48.3%
2024
43.8%
2024
Industry, % of GDP
33.4%
2024
39.3%
2024
Agriculture, forestry, and fishing, % of GDP
15.9%
2024
12.6%
2024
GNI, Atlas method
$20.7B
2024
$1.39T
2024
GNI per capita, PPP
$3,190
2024
$16,010
2024
Total reserves including gold
$2.72B
2024
$156B
2024
Total reserves ranking
121/177
2024
20/177
2024
Net foreign direct investment
-$20M
2024
-$15.9B
2024
Net inflows of foreign direct investment
$20M
2024
$24.2B
2024
Net outflows of foreign direct investment
$0
2024
$8.39B
2024
Servicing debt to the IMF, % of GNI
2.15%
2024
5.65%
2024
Poverty at national poverty lines
58.5%
2012
9%
2024
Gross capital formation, % of GDP
9.94%
2024
31.4%
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/haiti/indonesia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1999, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, 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.