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Economy of Haiti vs Nigeria compared: GDP & Debt

Updated on by Georank

Haiti has a GDP of $32.1B compared to $291B for Nigeria, ranking 112/197 and 50/197 by economy size, respectively.

Haiti has $3.95B in government debt (12.3% of GDP), compared to $103B (35.5% of GDP) in Nigeria.

Haiti vs Nigeria GDP by year

Haiti
Nigeria
1x
Year GDP, current $
Haiti Nigeria
2025 $32,077,278,409 $290,794,361,542
2024 $24,255,657,481 $252,261,880,140
2023 $19,572,288,894 $487,387,801,878
2022 $20,113,007,126 $646,950,257,575
2021 $20,754,978,152 $609,147,716,965
2020 $14,508,222,518 $598,586,817,817
2019 $15,016,090,930 $668,219,992,687
2018 $16,403,864,618 $421,739,251,509
2017 $15,093,357,161 $375,745,731,053
2016 $14,069,277,526 $404,649,125,252
2015 $14,849,629,309 $493,026,682,801
2014 $15,146,883,498 $574,183,763,412
2013 $14,902,488,604 $520,117,180,314
2012 $13,708,925,477 $463,971,018,239
2011 $13,008,746,039 $414,466,676,831
2010 $11,859,312,725 $366,990,417,129
2009 $11,597,002,835 $295,008,835,381
2008 $10,432,962,635 $339,476,276,258
2007 $9,228,637,768 $278,260,846,800
2006 $7,638,739,123 $238,454,997,161
2005 $7,030,149,730 $175,670,569,969
2004 $6,087,360,684 $135,764,731,646
2003 $5,071,947,798 $104,738,954,264
2002 $6,205,847,214 $95,054,059,303
2001 $6,331,970,324 $73,557,840,064
2000 $6,813,566,099 $69,171,451,627
1999 $4,153,725,884 $59,145,077,039
1998 $3,723,903,724 $218,416,200,673
1997 $3,338,949,152 $200,850,397,618
1996 $2,907,517,604 $185,730,236,700
1995 $2,813,313,279 $140,919,776,986
1994 $2,167,569,046 $80,399,613,064
1993 $1,878,253,767 $56,721,051,402
1992 $2,257,129,792 $52,058,181,854
1991 $3,473,562,628 $59,526,833,412
1990 $3,096,289,800 $54,035,795,388
1989 $2,736,243,800 $44,003,061,108
1988 $2,613,926,800 $49,648,470,440
1987 $2,047,200,000 $52,676,041,931
1986 $2,318,000,000 $54,805,852,581
1985 $2,009,400,000 $73,745,821,158
1984 $1,816,200,000 $73,484,359,521
1983 $1,623,600,000 $97,094,911,792
1982 $1,474,200,000 $142,769,363,314
1981 $1,479,400,000 $164,475,209,516
1980 $1,383,800,000 $64,201,788,123
1979 $1,080,600,000 $47,259,911,894
1978 $974,200,000 $36,527,862,209
1977 $947,000,000 $36,035,407,725
1976 $879,000,000 $36,308,883,249
1975 $681,400,000 $27,778,934,625
1974 $565,399,322 $24,846,641,318
1973 $466,798,973 $15,162,871,287
1972 $371,998,958 $12,274,416,018
1971 $362,800,000 $9,181,769,912
1970 $331,200,000 $12,546,094,982
1969 $391,820,400 $6,634,317,346
1968 $367,968,800 $5,200,997,920
1967 $369,124,200 $5,203,237,919
1966 $368,948,600 $6,366,917,453
1965 $353,251,800 $5,874,537,650
1964 $325,281,200 $5,552,931,319
1963 $294,883,400 $5,165,590,254
1962 $281,896,800 $4,909,399,176
1961 $271,066,000 $4,467,287,893
1960 $273,187,200 $4,196,174,502

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

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

GDP per capita in Haiti vs Nigeria by year

Haiti
GDP per capita

GDP per capita, PPP
Nigeria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Haiti Nigeria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,694 - $1,224 -
2024 $2,060 $3,194 $1,084 $9,087
2023 $1,682 $3,292 $2,139 $8,705
2022 $1,748 $3,275 $2,899 $8,305
2021 $1,825 $3,145 $2,787 $7,588
2020 $1,290 $3,103 $2,797 $7,415
2019 $1,352 $3,237 $3,190 $7,551
2018 $1,496 $3,197 $2,058 $7,158
2017 $1,395 $3,339 $1,876 $7,037
2016 $1,318 $3,253 $2,070 $7,072
2015 $1,411 $3,026 $2,586 $7,308
2014 $1,460 $3,076 $3,089 $7,396
2013 $1,458 $3,042 $2,873 $7,004
2012 $1,361 $2,830 $2,633 $6,671
2011 $1,312 $2,858 $2,418 $6,585
2010 $1,210 $2,695 $2,202 $6,301
2009 $1,197 $2,855 $1,820 $5,927
2008 $1,095 $2,724 $2,154 $5,607
2007 $985 $2,647 $1,816 $5,298
2006 $829 $2,504 $1,600 $4,975
2005 $776 $2,427 $1,211 $4,678
2004 $683 $2,322 $962 $4,381
2003 $579 $2,331 $763 $4,015
2002 $721 $2,248 $712 $3,770
2001 $749 $2,230 $566 $3,309
2000 $821 $2,229 $547 $3,139
1999 $510 $2,201 $481 $3,002
1998 $465 $2,152 $1,822 $3,022
1997 $425 $2,122 $1,720 $2,990
1996 $377 $2,070 $1,633 $2,931
1995 $372 $1,989 $1,272 $2,835
1994 $292.1 $1,807 $745 $2,853
1993 $258.1 $2,048 $540 $2,921
1992 $316 $2,158 $509 $2,991
1991 $497 $2,273 $597 $2,870
1990 $452 $2,202 $556 $2,840
1989 $407 - $465 -
1988 $397 - $540 -
1987 $318 - $588 -
1986 $367 - $628 -
1985 $325 - $869 -
1984 $299.2 - $890 -
1983 $272.8 - $1,207 -
1982 $252.6 - $1,822 -
1981 $258.5 - $2,162 -
1980 $246.5 - $870 -
1979 $196.2 - $661 -
1978 $180.3 - $527 -
1977 $178.7 - $536 -
1976 $169.1 - $556 -
1975 $133.6 - $438 -
1974 $113 - $403 -
1973 $95.1 - $252.4 -
1972 $77.3 - $209.5 -
1971 $76.8 - $160.5 -
1970 $71.5 - $224.5 -
1969 $86.1 - $121.4 -
1968 $82.4 - $97.3 -
1967 $84.2 - $99.5 -
1966 $85.7 - $124.4 -
1965 $83.6 - $117.3 -
1964 $78.5 - $113.3 -
1963 $72.4 - $107.7 -
1962 $70.4 - $104.5 -
1961 $69 - $97.1 -
1960 $70.8 - $93.1 -

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

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

Haiti's GDP per capita is $2,694, ranking 150/197, compared to $1,224 in Nigeria, ranking 172/197. Adjusted for purchasing power (GDP per capita PPP), Haiti ranks 177th at $3,194, while Nigeria ranks 136th at $9,087.

Economic indicators

Haiti Nigeria
Gross domestic product
$32.1B
2025
$291B
2025
GDP rank
112/197
2025
50/197
2025
GDP growth
-2.71%
2024-2025
4.01%
2024-2025
GDP per capita
$2,694
2025
$1,224
2025
GDP per capita rank
150/197
2025
172/197
2025
GDP per capita, PPP
$3,194
2024
$9,087
2024
GDP per capita PPP rank
177/197
2024
136/197
2024
Government debt
$3.95B
2025
$103B
2025
Debt-to-GDP ratio
12.3%
2025
35.5%
2025
Government debt per person
$332
2025
$434
2025
Government debt per person rank
177/185
2025
170/185
2025
Average annual personal income after taxes
$2,152
2026
$768
2026
Market capitalization of domestic companies n/a
$86.9B
2025
Number of billionaires n/a
4
2026
Income share by richest 10%
31.2%
2012
26.3%
2022
Income share by poorest 10%
2.1%
2012
3%
2022
Government expenditure, % of GDP
6.19%
2025
11.7%
2025
Consumer prices inflation
28.6%
2024-2025
23%
2024-2025
Central bank interest rate n/a
26.5%
2026
Unemployment rate
14.1%
2012
3.45%
2024
Population
12106577
245016045

Spending and national debt comparison by year

Haiti
Spending

Debt
Nigeria
Spending

Debt
1x
Year % of GDP
Haiti Nigeria
Government spending Government debt Government spending Government debt
2025 6.19% 12.3% 11.7% 35.5%
2024 5.25% 15.5% 12% 39.3%
2023 6.46% 27.8% 10.4% 36.3%
2022 8.33% 29.2% 10.6% 29.8%
2021 9.42% 28.4% 9.09% 26.6%
2020 9.86% 22.3% 8.73% 25.7%
2019 9.59% 26.5% 8.87% 21.4%
2018 11.3% 24.1% 9.1% 20.4%
2017 10.2% 22.5% 8.51% 18%
2016 10.5% 24.4% 6.93% 17.4%
2015 12.7% 23.9% 7.85% 14.9%
2014 14.6% 21.4% 9.49% 15.8%
2013 15.9% 25.1% 10% 13%
2012 16.4% 24.1% 10.5% 12.5%
2011 14.1% 22.3% 12.3% 12.4%
2010 12.6% 24.9% 11.8% 6.67%
2009 11.6% 19.4% 11% 6.12%
2008 11.2% 33.9% 10.2% 5.17%
2007 11.1% 24.4% 12.9% 5.76%
2006 9.67% 32.2% 8.75% 6.68%
2005 8.75% 29.7% 12.6% 13.4%
2004 7.38% 30.4% 13% 25.2%
2003 7.83% 37.8% 16.5% 29.9%
2002 6.64% 32% 13.8% 30.7%
2001 6.11% 28.8% 21.9% 37.7%
2000 6.25% 32.5% 17.6% 40.9%
1999 6.91% 24.1% 14.9% 46.1%
1998 5.4% 24% 11.2% 15.8%
1997 5.46% 26.2% 9.68% 17.1%
1996 - 26.2% 7.87% 17.9%
1995 - 26.2% 8.87% 24.2%
1994 - 35.3% 12.1% 39.7%
1993 - 98% 20% 50.4%
1992 - 118.9% 15.9% 49.8%
1991 - 80.7% 13.6% 53.2%
1990 - 85.1% 14.2% 50.9%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-07-08).

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

In 2025, Haiti's government spending was $1.99B, accounting for 6.19% of its GDP, while Nigeria spent $34.1B, or 11.7% of GDP.

Debt-to-GDP ratio is 12.3% in Haiti and 35.5% in Nigeria, ranking 179/185 and 143/185, respectively.

Government deficit by year

Deficit/surplus
Haiti

Nigeria
1x
Year Deficit/surplus, % of GDP
Haiti Nigeria
2025 -0.22% -1.76%
2024 6.96% -1.27%
2023 0.77% -3.12%
2022 -1.75% -4%
2021 -2.45% -3.97%
2020 -1.96% -4.03%
2019 -1.99% -3.31%
2018 -1.13% -3.06%
2017 -0.32% -3.85%
2016 0.12% -3.3%
2015 -1.47% -2.7%
2014 -3.64% -1.72%
2013 -3.98% -1.89%
2012 -2.71% -0.09%
2011 -1.43% 0.31%
2010 -1.5% -2.96%
2009 -2% -3.78%
2008 -1.8% 4.05%
2007 -1.55% -0.79%
2006 -0.91% 6.22%
2005 -0.83% 3.49%
2004 -1.34% 3.9%
2003 -2.24% -1.56%
2002 -1.8% 0.95%
2001 -1.55% -2.29%
2000 -1.36% 2.89%
1999 -1.54% -1.39%
1998 0.21% -3.47%
1997 0.37% 1.14%
1996 - 3.37%
1995 - 2.52%
1994 - -2.96%
1993 - -6.07%
1992 - 0.94%
1991 - -1.18%
1990 - -0.48%
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/nigeria | 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 Nigeria's deficit of $5.12B, or 1.76% of GDP.

Over the past 36 years, Haiti recorded a fiscal deficit in 24 of those years, while Nigeria ran a deficit in 25 years. On average, Haiti posted an annual deficit equal to 1.14% of GDP, compared to deficit of 0.98% of GDP for Nigeria.

Inflation comparison by year

Inflation
Haiti

Nigeria
1x
Year Consumer prices inflation
Haiti Nigeria
2025 28.6% 23%
2024 26.9% 33.2%
2023 36.8% 24.7%
2022 34% 18.8%
2021 16.8% 17%
2020 22.8% 13.2%
2019 18.7% 11.4%
2018 12.5% 12.1%
2017 10.7% 16.5%
2016 11.5% 15.7%
2015 6.73% 9.01%
2014 3.44% 8.05%
2013 4.77% 8.5%
2012 5.02% 12.2%
2011 6.33% 10.8%
2010 4.83% 13.7%
2009 0.39% 12.5%
2008 15.3% 11.6%
2007 6.56% 5.39%
2006 11.3% 8.23%
2005 14% 17.9%
2004 21% 15%
2003 28.7% 14%
2002 7.03% 12.9%
2001 13.3% 18.9%
2000 9.33% 6.93%
1999 3% 6.62%
1998 5.27% 10%
1997 20.6% 8.53%

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

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

Over the past 29 years, Haiti has recorded an average annual inflation rate of 14%, compared with 13.7% in Nigeria. In 2025, inflation was 28.6% in Haiti and 23% in Nigeria.

Top exports between countries

Haiti
Export category Export value
Raw materials & minerals $1.05M
Processed food, beverages & tobacco $139K
Miscellaneous $1K
Nigeria
Export category Export value
Chemicals & pharma $7K
Textiles & consumer goods $3K

Balance of trade

Haiti Nigeria
Current account balance
-$145M
2024
$14B
2025
Current account balance ranking
85/190
2024
21/190
2025
Current account balance, % of GDP
-0.6%
2024
+4.83%
2025
Goods imports
$4.27B
2024
$43B
2025
Goods exports
$767M
2024
$57.5B
2025
Service imports
$518M
2024
$19.6B
2025
Service exports
$96.6M
2024
$5.06B
2025
Imports of goods and services, % of GDP
14.3%
2025
16.9%
1960
Exports of goods and services, % of GDP
1.56%
2025
9.24%
1960

Economic freedom indices

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

Haiti Nigeria
Economic freedom 46.1 54.8
Economic freedom ranking 178/197 132/197
Property rights 6.6 29.7
Government integrity 13 23.5
Judicial effectiveness 17.3 34.4
Tax burden 81.7 84.6
Government spending 98.7 96.3
Fiscal health 99.5 83.5
Business freedom 30.7 50.3
Labor freedom 54.7 75.4
Monetary freedom 45.1 56.1
Trade freedom 66.4 64.4
Investment freedom 20 30
Financial freedom 20 30

Economic freedom comparison by year

Haiti
Nigeria
1x
Year Economic freedom index
Haiti Nigeria
2026 46.1 54.8
2025 46.1 53.4
2024 48.2 53.1
2023 49.9 53.9
2022 50 54.4
2021 50.8 58.7
2020 52.3 57.2
2019 52.7 57.3
2018 55.8 58.5
2017 49.6 57.1
2016 51.3 57.5
2015 51.3 55.6
2014 48.9 54.3
2013 48.1 55.1
2012 50.7 56.3
2011 52.1 56.7
2010 50.8 56.8
2009 50.5 55.1
2008 49 55.1
2007 51.4 55.6
2006 49.2 48.7
2005 48.4 48.4
2004 51.2 49.2
2003 50.6 49.5
2002 47.9 50.9
2001 47.1 49.6
2000 45.7 53.1
1999 45.9 55.7
1998 45.7 52.3
1997 45.8 52.8
1996 41 47.4
1995 43 47.3

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

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

The Economic Freedom Index for Haiti is 46.1, ranking 178/197, compared to 54.8 for Nigeria, ranking 132/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Haiti Nigeria
Services, % of GDP
54.2%
2025
58.2%
2025
Industry, % of GDP
27.5%
2025
16.4%
2025
Agriculture, forestry, and fishing, % of GDP
15.8%
2025
23%
2025
GNI, Atlas method
$23.9B
2025
$324B
2025
GNI per capita, PPP
$3,130
2025
$9,230
2025
Total reserves including gold
$3.39B
2025
$46B
2025
Total reserves ranking
118/177
2025
52/177
2025
Net foreign direct investment
-$20M
2024
-$2.82B
2025
Net inflows of foreign direct investment
$20M
2024
$1.61B
2024
Net outflows of foreign direct investment
$0
2024
$408M
2024
Servicing debt to the IMF, % of GNI
2.24%
2024
5.46%
2024
Poverty at national poverty lines
58.5%
2012
56.2%
2023
Gross capital formation, % of GDP
12.1%
2025
n/a

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/nigeria | 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. TradeMap (2017–2022, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. 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.