Skip to content

Economy of Haiti vs Nepal compared: GDP & Debt

Updated on by Georank team

Haiti has a GDP of $25.2B compared to $42.9B for Nepal, ranking 117/197 and 101/197 by economy size, respectively.

Haiti has $3.91B in government debt (15.5% of GDP), compared to $20.7B (48.3% of GDP) in Nepal.

Haiti vs Nepal GDP by year

Haiti
Nepal
1x
Year GDP, current $
Haiti Nepal
2024 $25,224,154,991 $42,914,268,287
2023 $19,850,585,722 $41,047,772,331
2022 $20,253,551,921 $41,182,939,601
2021 $20,944,387,976 $36,924,841,394
2020 $14,508,222,518 $33,433,659,301
2019 $15,016,090,930 $34,186,180,699
2018 $16,403,864,618 $33,111,525,237
2017 $15,093,357,161 $28,971,588,940
2016 $14,069,277,526 $24,524,109,484
2015 $14,849,629,309 $24,360,801,287
2014 $15,146,883,498 $22,731,612,922
2013 $14,902,488,604 $22,162,204,925
2012 $13,708,925,477 $21,703,100,877
2011 $13,008,746,039 $21,573,872,421
2010 $11,859,312,725 $16,002,656,434
2009 $11,597,002,835 $12,854,985,464
2008 $10,432,962,635 $12,545,438,605
2007 $9,228,637,768 $10,325,618,017
2006 $7,638,739,123 $9,043,715,356
2005 $7,030,149,730 $8,130,258,378
2004 $6,087,360,684 $7,273,938,315
2003 $5,071,947,798 $6,330,473,097
2002 $6,205,847,214 $6,050,875,807
2001 $6,331,970,324 $6,007,055,042
2000 $6,813,566,099 $5,494,252,208
1999 $4,153,725,884 $5,033,642,384
1998 $3,723,903,724 $4,856,255,044
1997 $3,338,949,152 $4,918,691,917
1996 $2,907,517,604 $4,521,580,381
1995 $2,813,313,279 $4,401,104,418
1994 $2,167,569,046 $4,066,775,510
1993 $1,878,253,767 $3,660,041,667
1992 $2,257,129,792 $3,401,211,581
1991 $3,473,562,628 $3,921,476,085
1990 $3,096,289,800 $3,627,560,239
1989 $2,736,243,800 $3,525,225,787
1988 $2,613,926,800 $3,487,009,748
1987 $2,047,200,000 $2,957,255,380
1986 $2,318,000,000 $2,850,782,044
1985 $2,009,400,000 $2,619,913,956
1984 $1,816,200,000 $2,581,207,388
1983 $1,623,600,000 $2,447,174,803
1982 $1,474,200,000 $2,395,423,742
1981 $1,479,400,000 $2,275,583,317
1980 $1,383,800,000 $1,945,916,583
1979 $1,080,600,000 $1,851,250,008
1978 $974,200,000 $1,604,162,497
1977 $947,000,000 $1,382,400,000
1976 $879,000,000 $1,452,788,985
1975 $681,400,000 $1,575,789,254
1974 $565,399,322 $1,217,953,547
1973 $466,798,973 $972,101,725
1972 $371,998,958 $1,024,098,400
1971 $362,800,000 $882,765,472
1970 $331,200,000 $865,975,309
1969 $391,820,400 $788,641,965
1968 $367,968,800 $772,231,387
1967 $369,124,200 $841,974,025
1966 $368,948,600 $906,811,944
1965 $353,251,800 $735,267,082
1964 $325,281,200 $496,098,775
1963 $294,883,400 $496,947,904
1962 $281,896,800 $574,091,101
1961 $271,066,000 $531,959,562
1960 $273,187,200 $508,334,414

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Haiti vs Nepal by year

Haiti
GDP per capita

GDP per capita, PPP
Nepal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Haiti Nepal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,143 $3,194 $1,447 $5,737
2023 $1,706 $3,292 $1,382 $5,395
2022 $1,761 $3,275 $1,386 $5,103
2021 $1,841 $3,145 $1,253 $4,546
2020 $1,290 $3,103 $1,154 $4,236
2019 $1,352 $3,237 $1,203 $4,261
2018 $1,496 $3,197 $1,179 $3,956
2017 $1,395 $3,339 $1,034 $3,605
2016 $1,318 $3,253 $877 $2,976
2015 $1,411 $3,026 $876 $2,957
2014 $1,460 $3,076 $821 $2,901
2013 $1,458 $3,042 $803 $2,658
2012 $1,361 $2,830 $788 $2,466
2011 $1,312 $2,858 $786 $2,248
2010 $1,210 $2,695 $585 $2,139
2009 $1,197 $2,855 $473 $2,029
2008 $1,095 $2,724 $465 $1,942
2007 $985 $2,647 $385 $1,809
2006 $829 $2,504 $340 $1,718
2005 $776 $2,427 $309 $1,628
2004 $683 $2,322 $279.6 $1,542
2003 $579 $2,331 $246.4 $1,453
2002 $721 $2,248 $238.9 $1,390
2001 $749 $2,230 $240.8 $1,388
2000 $821 $2,229 $223.8 $1,317
1999 $510 $2,201 $208.6 $1,234
1998 $465 $2,152 $205.1 $1,187
1997 $425 $2,122 $211.8 $1,162
1996 $377 $2,070 $198.8 $1,110
1995 $372 $1,989 $197.8 $1,058
1994 $292.1 $1,807 $187.3 $1,026
1993 $258.1 $2,048 $172.8 $952
1992 $316 $2,158 $165 $920
1991 $497 $2,273 $195.7 $889
1990 $452 $2,202 $185.8 $830
1989 $407 - $185 -
1988 $397 - $187.1 -
1987 $318 - $162 -
1986 $367 - $159.5 -
1985 $325 - $149.9 -
1984 $299.2 - $151.1 -
1983 $272.8 - $146.6 -
1982 $252.6 - $147 -
1981 $258.5 - $142.9 -
1980 $246.5 - $125.1 -
1979 $196.2 - $121.9 -
1978 $180.3 - $108.1 -
1977 $178.7 - $95.3 -
1976 $169.1 - $102.5 -
1975 $133.6 - $113.6 -
1974 $113 - $89.8 -
1973 $95.1 - $73.2 -
1972 $77.3 - $78.8 -
1971 $76.8 - $69.5 -
1970 $71.5 - $69.6 -
1969 $86.1 - $64.8 -
1968 $82.4 - $64.9 -
1967 $84.2 - $72.3 -
1966 $85.7 - $79.5 -
1965 $83.6 - $65.8 -
1964 $78.5 - $45.3 -
1963 $72.4 - $46.3 -
1962 $70.4 - $54.6 -
1961 $69 - $51.6 -
1960 $70.8 - $50.2 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Haiti's GDP per capita is $2,143, ranking 153/197, compared to $1,447 in Nepal, ranking 164/197. Adjusted for purchasing power (GDP per capita PPP), Haiti ranks 177th at $3,194, while Nepal ranks 155th at $5,737.

Economic indicators

Haiti Nepal
Gross domestic product
$25.2B
2024
$42.9B
2024
GDP rank
117/197
2024
101/197
2024
GDP growth
-4.17%
2023-2024
3.67%
2023-2024
GDP per capita
$2,143
2024
$1,447
2024
GDP per capita rank
153/197
2024
164/197
2024
GDP per capita, PPP
$3,194
2024
$5,737
2024
GDP per capita PPP rank
177/197
2024
155/197
2024
Government debt
$3.91B
2024
$20.7B
2024
Debt-to-GDP ratio
15.5%
2024
48.3%
2024
Government debt per person
$332
2024
$700
2024
Government debt per person rank
176/185
2024
154/185
2024
Average annual personal income after taxes
$1,896
2026
$2,170
2026
Number of billionaires n/a
2
2025
Income share by richest 10%
31.2%
2012
24.2%
2022
Income share by poorest 10%
2.1%
2012
3.7%
2022
Government expenditure, % of GDP
5.25%
2024
22.1%
2024
Consumer prices inflation
26.9%
2023-2024
4.69%
2023-2024
Unemployment rate
14.1%
2012
10.7%
2017
Population
12076663
29596762

Spending and national debt comparison by year

Haiti
Spending

Debt
Nepal
Spending

Debt
1x
Year % of GDP
Haiti Nepal
Government spending Government debt Government spending Government debt
2024 5.25% 15.5% 22.1% 48.3%
2023 6.46% 28.5% 25.1% 47%
2022 8.33% 29.5% 26.1% 42.7%
2021 9.42% 28.9% 27.2% 43.3%
2020 9.86% 22.3% 28.5% 43.3%
2019 9.59% 26.5% 27.1% 34%
2018 11.3% 24.1% 28% 31.1%
2017 10.2% 22.5% 23.6% 25%
2016 10.5% 24.4% 19% 25%
2015 12.7% 23.9% 17.7% 25.7%
2014 14.6% 21.4% 16.6% 27.6%
2013 15.9% 25.1% 15.5% 31.9%
2012 16.4% 24.1% 16.8% 34.5%
2011 14.1% 22.3% 16.3% 32.4%
2010 12.6% 24.9% 16.5% 35.4%
2009 11.6% 19.4% 17% 39.5%
2008 11.2% 33.9% 13.4% 36.8%
2007 11.1% 24.4% 13.1% 37.9%
2006 9.67% 32.2% 11.2% 42.9%
2005 8.75% 29.7% 12% 45.1%
2004 7.38% 30.4% 11.8% 51.3%
2003 7.83% 37.8% 12% 53%
2002 6.64% 32% 13% 51.8%
2001 6.11% 28.8% 12.9% 50.8%
2000 6.25% 32.5% 11.4% 50.8%
1999 6.91% 24.1% - -
1998 5.4% 24% - -
1997 5.46% 26.2% - -
1996 - 26.2% - -
1995 - 26.2% - -
1994 - 35.3% - -
1993 - 98% - -
1992 - 118.9% - -
1991 - 80.7% - -
1990 - 85.1% - -
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 (1997–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

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

In 2024, Haiti's government spending was $1.32B, accounting for 5.25% of its GDP, while Nepal spent $9.5B, or 22.1% of GDP.

Debt-to-GDP ratio is 15.5% in Haiti and 48.3% in Nepal, ranking 177/185 and 112/185, respectively.

Government deficit by year

Deficit/surplus
Haiti

Nepal
1x
Year Deficit/surplus, % of GDP
Haiti Nepal
2024 6.96% -2.76%
2023 0.77% -5.81%
2022 -1.75% -3.12%
2021 -2.45% -3.98%
2020 -1.96% -7.47%
2019 -1.99% -4.27%
2018 -1.13% -5.83%
2017 -0.32% -2.69%
2016 0.12% 1.2%
2015 -1.47% 0.46%
2014 -3.64% 1.36%
2013 -3.98% 1.57%
2012 -2.71% -1.18%
2011 -1.43% -0.72%
2010 -1.5% -0.67%
2009 -2% -2.24%
2008 -1.8% -0.29%
2007 -1.55% -0.67%
2006 -0.91% 0.24%
2005 -0.83% 0.24%
2004 -1.34% -0.14%
2003 -2.24% -0.34%
2002 -1.8% -2.46%
2001 -1.55% -2.35%
2000 -1.36% -1.48%
1999 -1.54% -
1998 0.21% -
1997 0.37% -
1996 - -
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
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) | Public Finances in Modern History (1924–1987, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/haiti/nepal | 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 Nepal's deficit of $1.19B, or 2.76% of GDP.

Over the past 25 years, Haiti recorded a fiscal deficit in 22 of those years, while Nepal ran a deficit in 19 years. On average, Haiti posted an annual deficit equal to 1.27% of GDP, compared to deficit of 1.74% of GDP for Nepal.

Inflation comparison by year

Inflation
Haiti

Nepal
1x
Year Consumer prices inflation
Haiti Nepal
2024 26.9% 4.69%
2023 36.8% 7.12%
2022 34% 7.67%
2021 16.8% 4.13%
2020 22.8% 5.06%
2019 18.7% 5.57%
2018 12.5% 4.41%
2017 10.7% 2.78%
2016 11.5% 8.79%
2015 6.73% 7.87%
2014 3.44% 8.36%
2013 4.77% 9.04%
2012 5.02% 9.46%
2011 6.33% 9.23%
2010 4.83% 9.33%
2009 0.39% 11.1%
2008 15.3% 9.91%
2007 6.56% 2.27%
2006 11.3% 6.92%
2005 14% 6.84%
2004 21% 2.84%
2003 28.7% 5.71%
2002 7.03% 3.03%
2001 13.3% 2.69%
2000 9.33% 2.48%
1999 3% 7.45%
1998 5.27% 11.2%
1997 20.6% 4.01%

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

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

Over the past 28 years, Haiti has recorded an average annual inflation rate of 13.5%, compared with 6.43% in Nepal. In 2024, inflation was 26.9% in Haiti and 4.69% in Nepal.

Balance of trade

Haiti Nepal
Current account balance
-$145M
2024
$1.68B
2024
Current account balance ranking
92/190
2024
50/190
2024
Current account balance, % of GDP
-0.58%
2024
+3.91%
2024
Goods imports
$4.27B
2024
$12.1B
2024
Goods exports
$767M
2024
$1.54B
2024
Service imports
$518M
2024
$2.27B
2024
Service exports
$96.6M
2024
$1.9B
2024
Imports of goods and services, % of GDP
18.8%
2024
32.9%
2024
Exports of goods and services, % of GDP
3.4%
2024
7.62%
2024

Economic freedom indices

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

Haiti Nepal
Economic freedom 46.1 52.9
Economic freedom ranking 178/197 144/197
Property rights 6.6 38.8
Government integrity 13 38.9
Judicial effectiveness 17.3 42.9
Tax burden 81.7 84.3
Government spending 98.7 82.1
Fiscal health 99.5 71
Business freedom 30.7 60.8
Labor freedom 54.7 48.2
Monetary freedom 45.1 69.4
Trade freedom 66.4 58.6
Investment freedom 20 10
Financial freedom 20 30

Economic freedom comparison by year

Haiti
Nepal
1x
Year Economic freedom index
Haiti Nepal
2026 46.1 52.9
2025 46.1 52.5
2024 48.2 52.1
2023 49.9 51.4
2022 50 49.7
2021 50.8 50.7
2020 52.3 54.2
2019 52.7 53.8
2018 55.8 54.1
2017 49.6 55.1
2016 51.3 50.9
2015 51.3 51.3
2014 48.9 50.1
2013 48.1 50.4
2012 50.7 50.2
2011 52.1 50.1
2010 50.8 52.7
2009 50.5 53.2
2008 49 54.1
2007 51.4 54.4
2006 49.2 53.7
2005 48.4 51.4
2004 51.2 51.2
2003 50.6 51.5
2002 47.9 52.3
2001 47.1 51.6
2000 45.7 51.3
1999 45.9 53.1
1998 45.7 53.5
1997 45.8 53.6
1996 41 50.3
1995 43 -

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

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

The Economic Freedom Index for Haiti is 46.1, ranking 178/197, compared to 52.9 for Nepal, ranking 144/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Haiti Nepal
Services, % of GDP
48.3%
2024
55.2%
2024
Industry, % of GDP
33.4%
2024
11.4%
2024
Agriculture, forestry, and fishing, % of GDP
15.9%
2024
21.9%
2024
GNI, Atlas method
$20.7B
2024
$43.7B
2024
GNI per capita, PPP
$3,190
2024
$5,830
2024
Total reserves including gold
$2.72B
2024
$12.5B
2023
Total reserves ranking
121/177
2024
74/177
2023
Net foreign direct investment
-$20M
2024
-$56.9M
2024
Net inflows of foreign direct investment
$20M
2024
$56.9M
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
2.15%
2024
1.23%
2024
Poverty at national poverty lines
58.5%
2012
20.3%
2022
Gross capital formation, % of GDP
9.94%
2024
30.4%
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/nepal | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, 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.