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Economy of Haiti vs Kuwait compared: GDP & Debt

Updated on by Georank

Haiti has a GDP of $32.1B compared to $157B for Kuwait, ranking 112/197 and 59/197 by economy size, respectively.

Haiti has $3.95B in government debt (12.3% of GDP), compared to $22.9B (14.6% of GDP) in Kuwait.

Haiti vs Kuwait GDP by year

Haiti
Kuwait
1x
Year GDP, current $
Haiti Kuwait
2025 $32,077,278,409 $157,209,026,926
2024 $24,255,657,481 $160,903,106,639
2023 $19,572,288,894 $165,462,656,227
2022 $20,113,007,126 $183,502,046,694
2021 $20,754,978,152 $148,350,671,489
2020 $14,508,222,518 $111,045,470,606
2019 $15,016,090,930 $140,856,394,861
2018 $16,403,864,618 $138,646,316,351
2017 $15,093,357,161 $120,687,539,806
2016 $14,069,277,526 $109,406,674,125
2015 $14,849,629,309 $114,585,555,689
2014 $15,146,883,498 $162,650,450,685
2013 $14,902,488,604 $174,168,116,535
2012 $13,708,925,477 $174,047,662,680
2011 $13,008,746,039 $154,039,231,246
2010 $11,859,312,725 $115,416,245,242
2009 $11,597,002,835 $105,968,691,905
2008 $10,432,962,635 $147,379,737,230
2007 $9,228,637,768 $114,634,043,362
2006 $7,638,739,123 $101,557,330,723
2005 $7,030,149,730 $80,798,630,137
2004 $6,087,360,684 $59,439,090,601
2003 $5,071,947,798 $47,874,582,232
2002 $6,205,847,214 $38,135,788,414
2001 $6,331,970,324 $34,889,559,870
2000 $6,813,566,099 $37,718,743,480
1999 $4,153,725,884 $30,122,365,849
1998 $3,723,903,724 $25,943,705,784
1997 $3,338,949,152 $30,350,190,704
1996 $2,907,517,604 $31,492,373,309
1995 $2,813,313,279 $27,186,980,647
1994 $2,167,569,046 $24,848,483,838
1993 $1,878,253,767 $23,941,391,391
1992 $2,257,129,792 $19,858,555,215
1991 $3,473,562,628 $11,009,993,703
1990 $3,096,289,800 $18,427,777,778
1989 $2,736,243,800 $24,313,855,653
1988 $2,613,926,800 $20,690,322,153
1987 $2,047,200,000 $22,368,704,134
1986 $2,318,000,000 $17,903,989,745
1985 $2,009,400,000 $21,445,970,614
1984 $1,816,200,000 $21,700,082,753
1983 $1,623,600,000 $20,871,081,080
1982 $1,474,200,000 $21,577,153,356
1981 $1,479,400,000 $25,058,020,338
1980 $1,383,800,000 $28,638,868,356
1979 $1,080,600,000 $24,749,063,922
1978 $974,200,000 $15,503,557,496
1977 $947,000,000 $14,137,406,741
1976 $879,000,000 $13,132,252,802
1975 $681,400,000 $12,022,811,621
1974 $565,399,322 $13,006,948,296
1973 $466,798,973 $5,408,804,607
1972 $371,998,958 $4,450,537,925
1971 $362,800,000 $3,880,392,195
1970 $331,200,000 $2,873,638,851
1969 $391,820,400 $2,769,198,892
1968 $367,968,800 $2,662,798,935
1967 $369,124,200 $2,441,599,023
1966 $368,948,600 $2,391,199,044
1965 $353,251,800 $2,097,199,161
1964 $325,281,200 $2,071,668,533
1963 $294,883,400 $1,900,895,857
1962 $281,896,800 $1,828,107,503
1961 $271,066,000 -
1960 $273,187,200 -

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

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

GDP per capita in Haiti vs Kuwait by year

Haiti
GDP per capita

GDP per capita, PPP
Kuwait
GDP per capita

GDP per capita, PPP
1x
Year Current $
Haiti Kuwait
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,694 - $32,312 -
2024 $2,060 $3,194 $32,856 $52,444
2023 $1,682 $3,292 $34,092 $53,025
2022 $1,748 $3,275 $39,982 $55,043
2021 $1,825 $3,145 $34,019 $50,652
2020 $1,290 $3,103 $25,236 $41,462
2019 $1,352 $3,237 $31,708 $50,703
2018 $1,496 $3,197 $32,068 $51,371
2017 $1,395 $3,339 $29,048 $46,566
2016 $1,318 $3,253 $27,324 $41,862
2015 $1,411 $3,026 $29,882 $45,267
2014 $1,460 $3,076 $44,369 $68,337
2013 $1,458 $3,042 $49,651 $76,813
2012 $1,361 $2,830 $52,155 $82,090
2011 $1,312 $2,858 $49,170 $79,037
2010 $1,210 $2,695 $39,212 $75,184
2009 $1,197 $2,855 $37,907 $80,110
2008 $1,095 $2,724 $55,585 $90,337
2007 $985 $2,647 $45,709 $91,435
2006 $829 $2,504 $42,947 $89,075
2005 $776 $2,427 $36,123 $84,968
2004 $683 $2,322 $27,552 $77,227
2003 $579 $2,331 $22,691 $69,752
2002 $721 $2,248 $18,513 $59,713
2001 $749 $2,230 $17,374 $58,553
2000 $821 $2,229 $19,296 $58,703
1999 $510 $2,201 $15,854 $56,406
1998 $465 $2,152 $14,067 $58,344
1997 $425 $2,122 $16,977 $57,420
1996 $377 $2,070 $18,201 $56,913
1995 $372 $1,989 $16,168 $57,163
1994 $292.1 $1,807 $14,930 $53,946
1993 $258.1 $2,048 $14,318 $48,482
1992 $316 $2,158 $12,146 $36,149
1991 $497 $2,273 $8,147 $23,390
1990 $452 $2,202 $10,938 $30,763
1989 $407 - $10,965 -
1988 $397 - $9,692 -
1987 $318 - $10,896 -
1986 $367 - $9,077 -
1985 $325 - $11,322 -
1984 $299.2 - $11,919 -
1983 $272.8 - $11,965 -
1982 $252.6 - $12,979 -
1981 $258.5 - $15,825 -
1980 $246.5 - $19,032 -
1979 $196.2 - $17,386 -
1978 $180.3 - $11,567 -
1977 $178.7 - $11,238 -
1976 $169.1 - $11,141 -
1975 $133.6 - $10,882 -
1974 $113 - $12,527 -
1973 $95.1 - $5,532 -
1972 $77.3 - $4,836 -
1971 $76.8 - $4,486 -
1970 $71.5 - $3,552 -
1969 $86.1 - $3,695 -
1968 $82.4 - $3,872 -
1967 $84.2 - $3,887 -
1966 $85.7 - $4,176 -
1965 $83.6 - $4,024 -
1964 $78.5 - $4,379 -
1963 $72.4 - $4,445 -
1962 $70.4 - $4,748 -
1961 $69 - - -
1960 $70.8 - - -

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

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

Haiti's GDP per capita is $2,694, ranking 150/197, compared to $32,312 in Kuwait, ranking 41/197. Adjusted for purchasing power (GDP per capita PPP), Haiti ranks 177th at $3,194, while Kuwait ranks 40th at $52,444.

Economic indicators

Haiti Kuwait
Gross domestic product
$32.1B
2025
$157B
2025
GDP rank
112/197
2025
59/197
2025
GDP growth
-2.71%
2024-2025
2.73%
2024-2025
GDP per capita
$2,694
2025
$32,312
2025
GDP per capita rank
150/197
2025
41/197
2025
GDP per capita, PPP
$3,194
2024
$52,444
2024
GDP per capita PPP rank
177/197
2024
40/197
2024
Government debt
$3.95B
2025
$22.9B
2025
Debt-to-GDP ratio
12.3%
2025
14.6%
2025
Government debt per person
$332
2025
$4,714
2025
Government debt per person rank
177/185
2025
87/185
2025
Average annual personal income after taxes
$2,152
2026
$24,940
2026
Market capitalization of domestic companies n/a
$172B
2025
Income share by richest 10%
31.2%
2012
n/a
Income share by poorest 10%
2.1%
2012
n/a
Government expenditure, % of GDP
6.19%
2025
50.1%
2025
Consumer prices inflation
28.6%
2024-2025
2.36%
2024-2025
Central bank interest rate n/a
3.5%
2025
Unemployment rate
14.1%
2012
2.16%
2016
Population
12106577
4981316

Spending and national debt comparison by year

Haiti
Spending

Debt
Kuwait
Spending

Debt
1x
Year % of GDP
Haiti Kuwait
Government spending Government debt Government spending Government debt
2025 6.19% 12.3% 50.1% 14.6%
2024 5.25% 15.5% 48% 2.91%
2023 6.46% 27.8% 48.3% 3.13%
2022 8.33% 29.2% 39.6% 2.95%
2021 9.42% 28.4% 48.3% 7.2%
2020 9.86% 22.3% 62.9% 10.2%
2019 9.59% 26.5% 50.2% 10.5%
2018 11.3% 24.1% 51% 14.3%
2017 10.2% 22.5% 51.9% 19.6%
2016 10.5% 24.4% 54% 9.88%
2015 12.7% 23.9% 55.3% 4.6%
2014 14.6% 21.4% 45% 3.43%
2013 15.9% 25.1% 38.4% 3.09%
2012 16.4% 24.1% 38.1% 3.6%
2011 14.1% 22.3% 39.6% 4.64%
2010 12.6% 24.9% 45.4% 6.16%
2009 11.6% 19.4% 42.8% 6.65%
2008 11.2% 33.9% 40.8% 5.38%
2007 11.1% 24.4% 30.4% 7.05%
2006 9.67% 32.2% 32.2% 7.79%
2005 8.75% 29.7% 28.7% 10.2%
2004 7.38% 30.4% 35.2% 13.9%
2003 7.83% 37.8% 38% 17.2%
2002 6.64% 32% 42.5% 21.3%
2001 6.11% 28.8% 41.2% 23%
2000 6.25% 32.5% 29.7% 21.4%
1999 6.91% 24.1% 44.3% 25.5%
1998 5.4% 24% 51.4% 25.6%
1997 5.46% 26.2% 43.5% 24.3%
1996 - 26.2% 42.5% 26.5%
1995 - 26.2% 51.7% 34.9%
1994 - 35.3% 57.5% 37.7%
1993 - 98% 58% 28.8%
1992 - 118.9% 77.4% 27.9%
1991 - 80.7% 208.1% 45.3%
1990 - 85.1% 122.4% -
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-07-08).

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

In 2025, Haiti's government spending was $1.99B, accounting for 6.19% of its GDP, while Kuwait spent $78.8B, or 50.1% of GDP.

Debt-to-GDP ratio is 12.3% in Haiti and 14.6% in Kuwait, ranking 179/185 and 177/185, respectively.

Government deficit by year

Deficit/surplus
Haiti

Kuwait
1x
Year Deficit/surplus, % of GDP
Haiti Kuwait
2025 -0.22% 28.4%
2024 6.96% 26%
2023 0.77% 28.2%
2022 -1.75% 30%
2021 -2.45% 9.99%
2020 -1.96% 0.16%
2019 -1.99% 13%
2018 -1.13% 17.6%
2017 -0.32% 15.3%
2016 0.12% 12.8%
2015 -1.47% 16.3%
2014 -3.64% 29.8%
2013 -3.98% 40.4%
2012 -2.71% 40.5%
2011 -1.43% 38.6%
2010 -1.5% 31.7%
2009 -2% 31.1%
2008 -1.8% 21.2%
2007 -1.55% 36.9%
2006 -0.91% 27.8%
2005 -0.83% 38.8%
2004 -1.34% 32.3%
2003 -2.24% 27%
2002 -1.8% 30.9%
2001 -1.55% 44.9%
2000 -1.36% 52.3%
1999 -1.54% 28%
1998 0.21% 19.4%
1997 0.37% 29.4%
1996 - 24.2%
1995 - 11.7%
1994 - 1.71%
1993 - -3.2%
1992 - -28%
1991 - -144.5%
1990 - -49.9%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1987, retrieved 2026-07-08).

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

In 2025, Haiti's government deficit, the difference between spending and revenue, was $71.5M, equivalent to 0.22% of GDP. This compares to Kuwait's surplus of $44.6B, or 28.4% of GDP.

Over the past 36 years, Haiti recorded a fiscal deficit in 24 of those years, while Kuwait ran a deficit in 4 years. On average, Haiti posted an annual deficit equal to 1.14% of GDP, compared to surplus of 17% of GDP for Kuwait.

Inflation comparison by year

Inflation
Haiti

Kuwait
1x
Year Consumer prices inflation
Haiti Kuwait
2025 28.6% 2.36%
2024 26.9% 2.9%
2023 36.8% 3.64%
2022 34% 3.98%
2021 16.8% 3.42%
2020 22.8% 2.1%
2019 18.7% 1.09%
2018 12.5% 0.54%
2017 10.7% 2.17%
2016 11.5% 3.2%
2015 6.73% 3.27%
2014 3.44% 2.91%
2013 4.77% 2.68%
2012 5.02% 3.26%
2011 6.33% 4.84%
2010 4.83% 4.5%
2009 0.39% 4.61%
2008 15.3% 10.6%
2007 6.56% 5.48%
2006 11.3% 3.06%
2005 14% 4.14%
2004 21% 1.25%
2003 28.7% 0.96%
2002 7.03% 0.89%
2001 13.3% 1.3%
2000 9.33% 1.81%
1999 3% 2.99%
1998 5.27% 0.13%
1997 20.6% 0.68%

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

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

Over the past 29 years, Haiti has recorded an average annual inflation rate of 14%, compared with 2.92% in Kuwait. In 2025, inflation was 28.6% in Haiti and 2.36% in Kuwait.

Balance of trade

Haiti Kuwait
Current account balance
-$145M
2024
$35.7B
2025
Current account balance ranking
85/190
2024
16/190
2025
Current account balance, % of GDP
-0.6%
2024
+22.7%
2025
Goods imports
$4.27B
2024
$37.5B
2025
Goods exports
$767M
2024
$70.7B
2025
Service imports
$518M
2024
$29.6B
2025
Service exports
$96.6M
2024
$12.7B
2025
Imports of goods and services, % of GDP
14.3%
2025
38.2%
2024
Exports of goods and services, % of GDP
1.56%
2025
55.8%
2024

Economic freedom indices

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

Haiti Kuwait
Economic freedom 46.1 59.9
Economic freedom ranking 178/197 100/197
Property rights 6.6 42
Government integrity 13 47.9
Judicial effectiveness 17.3 43.4
Tax burden 81.7 97.7
Government spending 98.7 36.2
Fiscal health 99.5 99.9
Business freedom 30.7 57.4
Labor freedom 54.7 49.2
Monetary freedom 45.1 68.7
Trade freedom 66.4 75.8
Investment freedom 20 50
Financial freedom 20 50

Economic freedom comparison by year

Haiti
Kuwait
1x
Year Economic freedom index
Haiti Kuwait
2026 46.1 59.9
2025 46.1 59.9
2024 48.2 58.5
2023 49.9 56.7
2022 50 58.3
2021 50.8 64.1
2020 52.3 63.2
2019 52.7 60.8
2018 55.8 62.2
2017 49.6 65.1
2016 51.3 62.7
2015 51.3 62.5
2014 48.9 62.3
2013 48.1 63.1
2012 50.7 62.5
2011 52.1 64.9
2010 50.8 67.7
2009 50.5 65.6
2008 49 68.1
2007 51.4 66.4
2006 49.2 66.5
2005 48.4 64.6
2004 51.2 63.6
2003 50.6 66.7
2002 47.9 65.4
2001 47.1 68.2
2000 45.7 69.7
1999 45.9 69.5
1998 45.7 66.3
1997 45.8 64.8
1996 41 66.1
1995 43 -

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

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

The Economic Freedom Index for Haiti is 46.1, ranking 178/197, compared to 59.9 for Kuwait, ranking 100/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Haiti Kuwait
Services, % of GDP
54.2%
2025
59.6%
2025
Industry, % of GDP
27.5%
2025
54.1%
2025
Agriculture, forestry, and fishing, % of GDP
15.8%
2025
0.53%
2025
GNI, Atlas method
$23.9B
2025
$201B
2024
GNI per capita, PPP
$3,130
2025
$64,040
2024
Total reserves including gold
$3.39B
2025
$51.7B
2025
Total reserves ranking
118/177
2025
47/177
2025
Net foreign direct investment
-$20M
2024
$2.58B
2025
Net inflows of foreign direct investment
$20M
2024
$615M
2024
Net outflows of foreign direct investment
$0
2024
$10.3B
2024
Servicing debt to the IMF, % of GNI
2.24%
2024
n/a
Poverty at national poverty lines
58.5%
2012
n/a
Gross capital formation, % of GDP
12.1%
2025
15.1%
2024

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/haiti/kuwait | 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 (1990–2025, 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.