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Economy of Haiti vs Namibia compared: GDP & Debt

Updated on by Georank team

Haiti has a GDP of $25.2B compared to $13.4B for Namibia, ranking 117/197 and 147/197 by economy size, respectively.

Haiti has $3.91B in government debt (15.5% of GDP), compared to $9.05B (67.7% of GDP) in Namibia.

Haiti vs Namibia GDP by year

Haiti
Namibia
1x
Year GDP, current $
Haiti Namibia
2024 $25,224,154,991 $13,372,354,512
2023 $19,850,585,722 $12,408,271,449
2022 $20,253,551,921 $12,569,449,123
2021 $20,944,387,976 $12,402,486,184
2020 $14,508,222,518 $10,583,748,542
2019 $15,016,090,930 $12,541,928,303
2018 $16,403,864,618 $13,682,019,076
2017 $15,093,357,161 $12,895,153,371
2016 $14,069,277,526 $10,722,018,732
2015 $14,849,629,309 $11,335,161,084
2014 $15,146,883,498 $12,435,430,970
2013 $14,902,488,604 $12,043,307,277
2012 $13,708,925,477 $13,042,053,592
2011 $13,008,746,039 $12,523,359,441
2010 $11,859,312,725 $11,431,412,421
2009 $11,597,002,835 $8,938,847,189
2008 $10,432,962,635 $8,607,431,497
2007 $9,228,637,768 $8,839,536,476
2006 $7,638,739,123 $8,001,779,551
2005 $7,030,149,730 $7,248,374,838
2004 $6,087,360,684 $6,609,205,995
2003 $5,071,947,798 $4,926,439,384
2002 $6,205,847,214 $3,349,169,826
2001 $6,331,970,324 $3,557,341,215
2000 $6,813,566,099 $3,922,232,165
1999 $4,153,725,884 $3,868,551,730
1998 $3,723,903,724 $3,873,109,866
1997 $3,338,949,152 $4,154,989,950
1996 $2,907,517,604 $3,989,163,197
1995 $2,813,313,279 $3,978,514,206
1994 $2,167,569,046 $3,666,503,530
1993 $1,878,253,767 $3,251,188,833
1992 $2,257,129,792 $3,429,521,699
1991 $3,473,562,628 $2,996,869,281
1990 $3,096,289,800 $2,789,921,854
1989 $2,736,243,800 $2,535,135,798
1988 $2,613,926,800 $2,495,094,746
1987 $2,047,200,000 $2,300,068,217
1986 $2,318,000,000 $1,809,048,527
1985 $2,009,400,000 $1,608,237,350
1984 $1,816,200,000 $1,951,260,038
1983 $1,623,600,000 $2,297,400,688
1982 $1,474,200,000 $2,118,710,248
1981 $1,479,400,000 $2,249,908,578
1980 $1,383,800,000 $2,421,990,338
1979 $1,080,600,000 -
1978 $974,200,000 -
1977 $947,000,000 -
1976 $879,000,000 -
1975 $681,400,000 -
1974 $565,399,322 -
1973 $466,798,973 -
1972 $371,998,958 -
1971 $362,800,000 -
1970 $331,200,000 -
1969 $391,820,400 -
1968 $367,968,800 -
1967 $369,124,200 -
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/namibia | CC BY

GDP per capita in Haiti vs Namibia by year

Haiti
GDP per capita

GDP per capita, PPP
Namibia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Haiti Namibia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,143 $3,194 $4,413 $11,687
2023 $1,706 $3,292 $4,188 $11,251
2022 $1,761 $3,275 $4,350 $10,663
2021 $1,841 $3,145 $4,413 $9,709
2020 $1,290 $3,103 $3,879 $9,354
2019 $1,352 $3,237 $4,732 $9,609
2018 $1,496 $3,197 $5,309 $9,854
2017 $1,395 $3,339 $5,144 $9,888
2016 $1,318 $3,253 $4,396 $10,200
2015 $1,411 $3,026 $4,774 $10,466
2014 $1,460 $3,076 $5,378 $10,365
2013 $1,458 $3,042 $5,347 $9,699
2012 $1,361 $2,830 $5,943 $9,364
2011 $1,312 $2,858 $5,835 $9,002
2010 $1,210 $2,695 $5,418 $8,538
2009 $1,197 $2,855 $4,303 $8,079
2008 $1,095 $2,724 $4,205 $8,125
2007 $985 $2,647 $4,379 $7,875
2006 $829 $2,504 $4,017 $7,374
2005 $776 $2,427 $3,686 $6,767
2004 $683 $2,322 $3,403 $6,480
2003 $579 $2,331 $2,569 $5,693
2002 $721 $2,248 $1,772 $5,433
2001 $749 $2,230 $1,916 $5,196
2000 $821 $2,229 $2,157 $5,129
1999 $510 $2,201 $2,178 $4,961
1998 $465 $2,152 $2,235 $4,852
1997 $425 $2,122 $2,460 $4,764
1996 $377 $2,070 $2,423 $4,612
1995 $372 $1,989 $2,483 $4,509
1994 $292.1 $1,807 $2,356 $4,376
1993 $258.1 $2,048 $2,155 $4,345
1992 $316 $2,158 $2,347 $4,452
1991 $497 $2,273 $2,117 $4,192
1990 $452 $2,202 $2,037 $3,875
1989 $407 - $1,967 -
1988 $397 - $2,063 -
1987 $318 - $1,969 -
1986 $367 - $1,599 -
1985 $325 - $1,466 -
1984 $299.2 - $1,830 -
1983 $272.8 - $2,214 -
1982 $252.6 - $2,097 -
1981 $258.5 - $2,267 -
1980 $246.5 - $2,468 -
1979 $196.2 - - -
1978 $180.3 - - -
1977 $178.7 - - -
1976 $169.1 - - -
1975 $133.6 - - -
1974 $113 - - -
1973 $95.1 - - -
1972 $77.3 - - -
1971 $76.8 - - -
1970 $71.5 - - -
1969 $86.1 - - -
1968 $82.4 - - -
1967 $84.2 - - -
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/namibia | CC BY

Haiti's GDP per capita is $2,143, ranking 153/197, compared to $4,413 in Namibia, ranking 126/197. Adjusted for purchasing power (GDP per capita PPP), Haiti ranks 177th at $3,194, while Namibia ranks 128th at $11,687.

Economic indicators

Haiti Namibia
Gross domestic product
$25.2B
2024
$13.4B
2024
GDP rank
117/197
2024
147/197
2024
GDP growth
-4.17%
2023-2024
3.71%
2023-2024
GDP per capita
$2,143
2024
$4,413
2024
GDP per capita rank
153/197
2024
126/197
2024
GDP per capita, PPP
$3,194
2024
$11,687
2024
GDP per capita PPP rank
177/197
2024
128/197
2024
Government debt
$3.91B
2024
$9.05B
2024
Debt-to-GDP ratio
15.5%
2024
67.7%
2024
Government debt per person
$332
2024
$2,988
2024
Government debt per person rank
176/185
2024
100/185
2024
Average annual personal income after taxes
$1,896
2026
$6,197
2026
Market capitalization of domestic companies n/a
$2.48B
2024
Income share by richest 10%
31.2%
2012
47.2%
2015
Income share by poorest 10%
2.1%
2012
1%
2015
Government expenditure, % of GDP
5.25%
2024
39.9%
2024
Consumer prices inflation
26.9%
2023-2024
4.2%
2023-2024
Central bank interest rate n/a
6.5%
2025
Unemployment rate
14.1%
2012
19.9%
2018
Population
12076663
3173089

Spending and national debt comparison by year

Haiti
Spending

Debt
Namibia
Spending

Debt
1x
Year % of GDP
Haiti Namibia
Government spending Government debt Government spending Government debt
2024 5.25% 15.5% 39.9% 67.7%
2023 6.46% 28.5% 37% 67.2%
2022 8.33% 29.5% 36.6% 69.4%
2021 9.42% 28.9% 39.3% 69.6%
2020 9.86% 22.3% 41.5% 64.3%
2019 9.59% 26.5% 37.4% 57.6%
2018 11.3% 24.1% 36.3% 48.7%
2017 10.2% 22.5% 38.1% 43.8%
2016 10.5% 24.4% 41.8% 45.8%
2015 12.7% 23.9% 43.7% 42.1%
2014 14.6% 21.4% 41.8% 27.6%
2013 15.9% 25.1% 38.3% 26.1%
2012 16.4% 24.1% 35% 24.6%
2011 14.1% 22.3% 38.5% 27.4%
2010 12.6% 24.9% 33.5% 16.3%
2009 11.6% 19.4% 32% 15.9%
2008 11.2% 33.9% 28.4% 19.1%
2007 11.1% 24.4% 26.1% 19.4%
2006 9.67% 32.2% 27.4% 26.1%
2005 8.75% 29.7% 27.7% 26.9%
2004 7.38% 30.4% 28.4% 29.2%
2003 7.83% 37.8% 31.1% 27.1%
2002 6.64% 32% 29.8% 22.2%
2001 6.11% 28.8% 30.7% 24.4%
2000 6.25% 32.5% 30.1% 20.9%
1999 6.91% 24.1% 31.8% 21.8%
1998 5.4% 24% 31.3% 19.6%
1997 5.46% 26.2% 30.9% 17.7%
1996 - 26.2% 30.4% 18.7%
1995 - 26.2% 29.6% 18%
1994 - 35.3% 28.7% 16.4%
1993 - 98% 32.4% 17.2%
1992 - 118.9% 32.8% 14.1%
1991 - 80.7% 33% 11.8%
1990 - 85.1% 30.2% 12.9%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

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

In 2024, Haiti's government spending was $1.32B, accounting for 5.25% of its GDP, while Namibia spent $5.34B, or 39.9% of GDP.

Debt-to-GDP ratio is 15.5% in Haiti and 67.7% in Namibia, ranking 177/185 and 61/185, respectively.

Government deficit by year

Deficit/surplus
Haiti

Namibia
1x
Year Deficit/surplus, % of GDP
Haiti Namibia
2024 6.96% -3.59%
2023 0.77% -3.14%
2022 -1.75% -6.33%
2021 -2.45% -8.68%
2020 -1.96% -8.07%
2019 -1.99% -5.49%
2018 -1.13% -5.09%
2017 -0.32% -4.99%
2016 0.12% -9.3%
2015 -1.47% -8.3%
2014 -3.64% -6.44%
2013 -3.98% -4.69%
2012 -2.71% -3.1%
2011 -1.43% -7.09%
2010 -1.5% -4.98%
2009 -2% -0.4%
2008 -1.8% 3.48%
2007 -1.55% 6.01%
2006 -0.91% 3.41%
2005 -0.83% -0.31%
2004 -1.34% -2.67%
2003 -2.24% -4.47%
2002 -1.8% -1.38%
2001 -1.55% -2.01%
2000 -1.36% -0.79%
1999 -1.54% -1.88%
1998 0.21% -2.76%
1997 0.37% -2.38%
1996 - -3.7%
1995 - -1.74%
1994 - -0.57%
1993 - -2.73%
1992 - -2.55%
1991 - -1.59%
1990 - 1.08%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1987, retrieved 2026-02-20).

GeoRank.org/economy/haiti/namibia | 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 Namibia's deficit of $480M, or 3.59% of GDP.

Over the past 35 years, Haiti recorded a fiscal deficit in 23 of those years, while Namibia ran a deficit in 31 years. On average, Haiti posted an annual deficit equal to 1.17% of GDP, compared to deficit of 3.06% of GDP for Namibia.

Inflation comparison by year

Inflation
Haiti

Namibia
1x
Year Consumer prices inflation
Haiti Namibia
2024 26.9% 4.2%
2023 36.8% 5.9%
2022 34% 6.1%
2021 16.8% 3.6%
2020 22.8% 2.2%
2019 18.7% 3.7%
2018 12.5% 4.3%
2017 10.7% 6.1%
2016 11.5% 6.7%
2015 6.73% 3.4%
2014 3.44% 5.3%
2013 4.77% 5.6%
2012 5.02% 6.7%
2011 6.33% 5%
2010 4.83% 4.9%
2009 0.39% 9.5%
2008 15.3% 9.1%
2007 6.56% 6.5%
2006 11.3% 5%
2005 14% 2.3%
2004 21% 4.1%
2003 28.7% 7.2%
2002 7.03% 12.7%
2001 13.3% 10.2%
2000 9.33% 10.2%
1999 3% 9.4%
1998 5.27% 6.6%
1997 20.6% 9.7%

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/haiti/namibia | CC BY

Over the past 28 years, Haiti has recorded an average annual inflation rate of 13.5%, compared with 6.29% in Namibia. In 2024, inflation was 26.9% in Haiti and 4.2% in Namibia.

Balance of trade

Haiti Namibia
Current account balance
-$145M
2024
-$1.89M
2024
Current account balance ranking
92/190
2024
78/190
2024
Current account balance, % of GDP
-0.58%
2024
-0.01%
2024
Goods imports
$4.27B
2024
$6.77B
2024
Goods exports
$767M
2024
$4.67B
2024
Service imports
$518M
2024
$2.47B
2024
Service exports
$96.6M
2024
$1.29B
2024
Imports of goods and services, % of GDP
18.8%
2024
68%
2024
Exports of goods and services, % of GDP
3.4%
2024
41.6%
2024

Economic freedom indices

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

Haiti Namibia
Economic freedom 46.1 60.2
Economic freedom ranking 178/197 95/197
Property rights 6.6 63.1
Government integrity 13 51.5
Judicial effectiveness 17.3 67.2
Tax burden 81.7 66.4
Government spending 98.7 57.1
Fiscal health 99.5 60.5
Business freedom 30.7 58
Labor freedom 54.7 62.7
Monetary freedom 45.1 76.1
Trade freedom 66.4 69.8
Investment freedom 20 50
Financial freedom 20 40

Economic freedom comparison by year

Haiti
Namibia
1x
Year Economic freedom index
Haiti Namibia
2026 46.1 60.2
2025 46.1 58.7
2024 48.2 57.5
2023 49.9 57.7
2022 50 59.2
2021 50.8 62.6
2020 52.3 60.9
2019 52.7 58.7
2018 55.8 58.5
2017 49.6 62.5
2016 51.3 61.9
2015 51.3 59.6
2014 48.9 59.4
2013 48.1 60.3
2012 50.7 61.9
2011 52.1 62.7
2010 50.8 62.2
2009 50.5 62.4
2008 49 61.4
2007 51.4 63.5
2006 49.2 60.7
2005 48.4 61.4
2004 51.2 62.4
2003 50.6 67.3
2002 47.9 65.1
2001 47.1 64.8
2000 45.7 66.7
1999 45.9 66.1
1998 45.7 66.1
1997 45.8 61.6
1996 41 -
1995 43 -

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

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

The Economic Freedom Index for Haiti is 46.1, ranking 178/197, compared to 60.2 for Namibia, ranking 95/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Haiti Namibia
Services, % of GDP
48.3%
2024
54.5%
2024
Industry, % of GDP
33.4%
2024
28.9%
2024
Agriculture, forestry, and fishing, % of GDP
15.9%
2024
7.29%
2024
GNI, Atlas method
$20.7B
2024
$12.8B
2024
GNI per capita, PPP
$3,190
2024
$11,300
2024
Total reserves including gold
$2.72B
2024
$3.36B
2024
Total reserves ranking
121/177
2024
115/177
2024
Net foreign direct investment
-$20M
2024
-$1.93M
2024
Net inflows of foreign direct investment
$20M
2024
$1.97B
2024
Net outflows of foreign direct investment
$0
2024
$44.5M
2024
Servicing debt to the IMF, % of GNI
2.15%
2024
n/a
Poverty at national poverty lines
58.5%
2012
17.4%
2015
Gross capital formation, % of GDP
9.94%
2024
25.6%
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/namibia | 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.