Haiti vs Luxembourg: Economic Indicators Comparison
Luxembourg with a GDP of $70.9B ranked the 72nd largest economy in the world, while Haiti ranked 144th with $9.7B. By GDP 5-years average growth and GDP per capita, Luxembourg and Haiti ranked 88th vs 145th and 3rd vs 176th, respectively.
Gross Domestic Product & Income
| Stat |  Haiti |  Luxembourg |
|---|---|---|
| GDP | $9.7B | $70.9B |
| GDP growth, 1 year | 1.5% | 3% |
| GDP growth, 5-years average | 1.6% | 3% |
| Population | 11M | 626k |
| GDP per capita | $868 | $117k |
| GDP per capita growth | 0.2% | 1.18% |
| Purchasing Power Parity conversion factor | 30.43 | 0.87 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.47 | 1.03 |
| GDP per capita, PPP adjusted | $1.9k | $107k |
| GNI, Atlas method | $8.9B | $43.1B |
| GNI per capita | $800 | $71k |
| GNI, PPP adjusted | $20.9B | $43.9B |
| GNI per capita, PPP adjusted | $1.9k | $72k |
Financial system and Human development
| Stat | Haiti | Luxembourg |
|---|---|---|
| Income Tax Rate | 30% | 42% |
| Corporate Tax Rate | 30% | 18% |
| Inflation, consumer prices | 13.5% | 2% |
| Inflation, GDP deflator | 12.8% | 2.5% |
| Unemployment | 13.5% | 5.5% |
| Economic Freedom Index | 52.3 | 75.8 |
| Personal Freedom Index | 7.33 | 9.1 |
| Human Freedom Index | 7.04 | 8.46 |
| Property Rights Index | 16.4 | 86.4 |
| Judical Effectiveness Index | 23.3 | 74.4 |
| Business Freedom Index | 33.6 | 66.8 |
| Fiscal Health Index | 96.3 | 99 |
| Labor Freedom Index | 62.3 | 45.3 |
| Investment Freedom Index | 45 | 95 |
| Financial Freedom Index | 30 | 80 |
| Trade Freedom Index | 67 | 86.4 |
| Monetary Freedom Index | 61.5 | 76.4 |
| Government Spending Index | 89.4 | 45.4 |
| Tax Burden Index | 80.2 | 64.1 |
| Government Integrity Index | 22.3 | 90.3 |
| Corruption Perceptions Index | 20 | 81 |
| Life expectancy at birth, years | 63.3 | 82.7 |
| Suicide mortality rate, per 100,000 people | 11.7 | 13.5 |
| Mortality caused by road traffic injury, per 100,000 people | 15.1 | 6.3 |
| Intentional homicides, per 100,000 people | 10 | 0.3 |
| International tourism, number of arrivals | 447k | 1M |
Government debt & reserves
| Stat | Haiti | Luxembourg |
|---|---|---|
| Central government debt, % of GDP | 33% | 21.8% |
| External debt stocks, % of GNI | 22.8% | N/A |
| External debt stocks | $2.2B | N/A |
| Short-term debt, % of total reserves | 0% | N/A |
| Total debt service, % of exports and primary income | 1.2% | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | 17.6% | 20.9% |
| Gross savings, % of GDP | 24.4% | 17.4% |
| Gross capital formation, % of GDP | 29% | 17.6% |
| Total reserves including gold | $2.4B | $938.9M |
| Foreign direct investment net inflows | $105M | -$5.6B |
Exports, imports and economic structure
| Stat | Haiti | Luxembourg |
|---|---|---|
| Exports of goods and services, % of GDP | 17.1% | 211.6% |
| Imports of goods and services, % of GDP | 58.5% | 175.5% |
| Current account balance (balance of payments) | -$343M | $3.4B |
| Revenue excluding grants, % of GDP | N/A | 40.9% |
| Grants excluding technical cooperation, BoP | $790.3M | N/A |
| Personal remittances received | $3.1B | $2.1B |
| Industry including construction value added, % of GDP | 66.2% | 11.8% |
| Agriculture, forestry and fishing value added, % of GDP | 18.9% | 0.2% |
| Charges for the use of intellectual property, payments BoP | $577k | $5B |
| Charges for the use of intellectual property, receipts BoP | $25.3M | $2.4B |
| Expense, % of GDP | N/A | 38.7% |
| Government Expenditure, % of GDP | 18.8% | 42.7% |
