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Economy of Haiti vs North Korea compared: GDP & Debt

Updated on by Georank team

Haiti has a GDP of $25.2B compared to $34.9B for North Korea, ranking 117/197 and 106/197 by economy size, respectively.

Haiti vs North Korea GDP by year

Haiti
North Korea
1x
Year GDP, current $
Haiti North Korea
2024 $25,224,154,991 $34,943,120,000
2023 $19,850,585,722 $32,155,360,000
2022 $20,253,551,921 $28,971,360,000
2021 $20,944,387,976 $32,301,720,000
2020 $14,508,222,518 $27,728,240,000
2019 $15,016,090,930 $28,222,880,000
2018 $16,403,864,618 $28,536,400,000
2017 $15,093,357,161 $29,105,440,000
2016 $14,069,277,526 $28,882,640,000
2015 $14,849,629,309 $30,723,030,000
2014 $15,146,883,498 $30,554,460,000
2013 $14,902,488,604 $30,588,922,000
2012 $13,708,925,477 $29,890,710,000
2011 $13,008,746,039 $29,005,020,000
2010 $11,859,312,725 $25,995,513,000
2009 $11,597,002,835 $23,356,470,000
2008 $10,432,962,635 -
2007 $9,228,637,768 -
2006 $7,638,739,123 -
2005 $7,030,149,730 -
2004 $6,087,360,684 -
2003 $5,071,947,798 -
2002 $6,205,847,214 -
2001 $6,331,970,324 -
2000 $6,813,566,099 -
1999 $4,153,725,884 -
1998 $3,723,903,724 -
1997 $3,338,949,152 -
1996 $2,907,517,604 -
1995 $2,813,313,279 -
1994 $2,167,569,046 -
1993 $1,878,253,767 -
1992 $2,257,129,792 -
1991 $3,473,562,628 -
1990 $3,096,289,800 -
1989 $2,736,243,800 -
1988 $2,613,926,800 -
1987 $2,047,200,000 -
1986 $2,318,000,000 -
1985 $2,009,400,000 -
1984 $1,816,200,000 -
1983 $1,623,600,000 -
1982 $1,474,200,000 -
1981 $1,479,400,000 -
1980 $1,383,800,000 -
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/north-korea | CC BY

GDP per capita in Haiti vs North Korea by year

Haiti
GDP per capita

GDP per capita, PPP
North Korea
GDP per capita

GDP per capita, PPP
1x
Year Current $
Haiti North Korea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,143 $3,194 $1,319 -
2023 $1,706 $3,292 $1,217 -
2022 $1,761 $3,275 $1,100 -
2021 $1,841 $3,145 $1,231 -
2020 $1,290 $3,103 $1,061 -
2019 $1,352 $3,237 $1,084 -
2018 $1,496 $3,197 $1,100 -
2017 $1,395 $3,339 $1,127 -
2016 $1,318 $3,253 $1,124 -
2015 $1,411 $3,026 $1,201 $1,700
2014 $1,460 $3,076 $1,201 $1,800
2013 $1,458 $3,042 $1,208 -
2012 $1,361 $2,830 $1,186 -
2011 $1,312 $2,858 $1,156 $1,800
2010 $1,210 $2,695 $1,040 -
2009 $1,197 $2,855 $939 $1,800
2008 $1,095 $2,724 - $1,800
2007 $985 $2,647 - $1,700
2006 $829 $2,504 - $1,800
2005 $776 $2,427 - $1,700
2004 $683 $2,322 - $1,700
2003 $579 $2,331 - $1,300
2002 $721 $2,248 - $1,000
2001 $749 $2,230 - -
2000 $821 $2,229 - $1,000
1999 $510 $2,201 - $1,000
1998 $465 $2,152 - -
1997 $425 $2,122 - -
1996 $377 $2,070 - -
1995 $372 $1,989 - -
1994 $292.1 $1,807 - -
1993 $258.1 $2,048 - -
1992 $316 $2,158 - -
1991 $497 $2,273 - -
1990 $452 $2,202 - -
1989 $407 - - -
1988 $397 - - -
1987 $318 - - -
1986 $367 - - -
1985 $325 - - -
1984 $299.2 - - -
1983 $272.8 - - -
1982 $252.6 - - -
1981 $258.5 - - -
1980 $246.5 - - -
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); Central Intelligence Agency (CIA) (1999–2015, retrieved 2026-02-20).

GeoRank.org/economy/haiti/north-korea | CC BY

Haiti's GDP per capita is $2,143, ranking 153/197, compared to $1,319 in North Korea, ranking 168/197. Adjusted for purchasing power (GDP per capita PPP), Haiti ranks 177th at $3,194, while North Korea ranks 193rd at $1,700.

Economic indicators

Haiti North Korea
Gross domestic product
$25.2B
2024
$34.9B
2024
GDP rank
117/197
2024
106/197
2024
GDP growth
-4.17%
2023-2024
n/a
GDP per capita
$2,143
2024
$1,319
2024
GDP per capita rank
153/197
2024
168/197
2024
GDP per capita, PPP
$3,194
2024
$1,700
2015
GDP per capita PPP rank
177/197
2024
193/197
2015
Government debt
$3.91B
2024
n/a
Debt-to-GDP ratio
15.5%
2024
n/a
Government debt per person
$332
2024
n/a
Government debt per person rank
176/185
2024
n/a
Average annual personal income after taxes
$1,896
2026
$1,426
2026
Income share by richest 10%
31.2%
2012
n/a
Income share by poorest 10%
2.1%
2012
n/a
Government expenditure, % of GDP
5.25%
2024
n/a
Consumer prices inflation
26.9%
2023-2024
n/a
Unemployment rate
14.1%
2012
25.6%
2013
Population
12076663
26659144

Top exports between countries

Haiti
Export category Export value
Metals $824K
Chemicals & pharma $81K
Machinery & equipment $45K
Textiles & consumer goods $26K
North Korea
Export category Export value
Chemicals & pharma $757K
Machinery & equipment $110K
Wood & paper products $29K
Metals $3K
Raw materials & minerals $3K

Balance of trade

Haiti North Korea
Current account balance
-$145M
2024
n/a
Current account balance ranking
92/190
2024
n/a
Current account balance, % of GDP
-0.58%
2024
n/a
Goods imports
$4.27B
2024
n/a
Goods exports
$767M
2024
n/a
Service imports
$518M
2024
n/a
Service exports
$96.6M
2024
n/a
Imports of goods and services, % of GDP
18.8%
2024
n/a
Exports of goods and services, % of GDP
3.4%
2024
n/a

Economic freedom indices

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

Haiti North Korea
Economic freedom 46.1 3.1
Economic freedom ranking 178/197 197/197
Property rights 6.6 16.3
Government integrity 13 4.3
Judicial effectiveness 17.3 6.3
Tax burden 81.7 0
Government spending 98.7 0
Fiscal health 99.5 0
Business freedom 30.7 5
Labor freedom 54.7 5
Monetary freedom 45.1 0
Trade freedom 66.4 0
Investment freedom 20 0
Financial freedom 20 0

Economic freedom comparison by year

Haiti
North Korea
1x
Year Economic freedom index
Haiti North Korea
2026 46.1 3.1
2025 46.1 3
2024 48.2 2.9
2023 49.9 2.9
2022 50 3
2021 50.8 5.2
2020 52.3 4.2
2019 52.7 5.9
2018 55.8 5.8
2017 49.6 4.9
2016 51.3 2.3
2015 51.3 1.3
2014 48.9 1
2013 48.1 1.5
2012 50.7 1
2011 52.1 1
2010 50.8 1
2009 50.5 2
2008 49 3
2007 51.4 3
2006 49.2 4
2005 48.4 8
2004 51.2 8.9
2003 50.6 8.9
2002 47.9 8.9
2001 47.1 8.9
2000 45.7 8.9
1999 45.9 8.9
1998 45.7 8.9
1997 45.8 8.9
1996 41 8.9
1995 43 8.9

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

GeoRank.org/economy/haiti/north-korea | CC BY

The Economic Freedom Index for Haiti is 46.1, ranking 178/197, compared to 3.1 for North Korea, ranking 197/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Haiti North Korea
Services, % of GDP
48.3%
2024
n/a
Industry, % of GDP
33.4%
2024
n/a
Agriculture, forestry, and fishing, % of GDP
15.9%
2024
n/a
GNI, Atlas method
$20.7B
2024
n/a
GNI per capita, PPP
$3,190
2024
n/a
Total reserves including gold
$2.72B
2024
n/a
Total reserves ranking
121/177
2024
n/a
Net foreign direct investment
-$20M
2024
n/a
Net inflows of foreign direct investment
$20M
2024
$203K
1989
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
2.15%
2024
n/a
Poverty at national poverty lines
58.5%
2012
n/a
Gross capital formation, % of GDP
9.94%
2024
n/a

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/north-korea | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. Central Intelligence Agency (CIA) (1999–2015, retrieved 2026-02-20)
  5. TradeMap (2017, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Fiscal Monitor (2024, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.