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Economy of Haiti vs North Macedonia compared: GDP & Debt

Updated on by Georank

Haiti has a GDP of $32.1B compared to $19.1B for North Macedonia, ranking 112/197 and 137/197 by economy size, respectively.

Haiti has $3.95B in government debt (12.3% of GDP), compared to $10B (52.5% of GDP) in North Macedonia.

Haiti vs North Macedonia GDP by year

Haiti
North Macedonia
1x
Year GDP, current $
Haiti North Macedonia
2025 $32,077,278,409 $19,101,199,817
2024 $24,255,657,481 $16,951,682,221
2023 $19,572,288,894 $15,855,131,189
2022 $20,113,007,126 $13,932,436,550
2021 $20,754,978,152 $14,000,283,827
2020 $14,508,222,518 $12,361,036,914
2019 $15,016,090,930 $12,606,338,449
2018 $16,403,864,618 $12,683,068,114
2017 $15,093,357,161 $11,307,067,070
2016 $14,069,277,526 $10,672,467,073
2015 $14,849,629,309 $10,064,519,963
2014 $15,146,883,498 $11,362,265,253
2013 $14,902,488,604 $10,817,702,346
2012 $13,708,925,477 $9,745,261,301
2011 $13,008,746,039 $10,494,626,768
2010 $11,859,312,725 $9,407,170,321
2009 $11,597,002,835 $9,401,736,825
2008 $10,432,962,635 $9,909,552,435
2007 $9,228,637,768 $8,336,474,974
2006 $7,638,739,123 $6,861,226,972
2005 $7,030,149,730 $6,258,602,873
2004 $6,087,360,684 $5,682,784,472
2003 $5,071,947,798 $4,946,296,599
2002 $6,205,847,214 $4,018,365,747
2001 $6,331,970,324 $3,709,636,031
2000 $6,813,566,099 $3,772,859,034
1999 $4,153,725,884 $3,863,619,285
1998 $3,723,903,724 $3,765,745,023
1997 $3,338,949,152 $3,912,986,091
1996 $2,907,517,604 $4,642,021,256
1995 $2,813,313,279 $4,707,041,315
1994 $2,167,569,046 $3,559,608,640
1993 $1,878,253,767 $2,682,456,897
1992 $2,257,129,792 $2,436,849,342
1991 $3,473,562,628 $4,938,775,510
1990 $3,096,289,800 $4,699,646,643
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 (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Haiti vs North Macedonia by year

Haiti
GDP per capita

GDP per capita, PPP
North Macedonia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Haiti North Macedonia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,694 - $10,490 -
2024 $2,060 $3,194 $9,292 $26,995
2023 $1,682 $3,292 $8,674 $25,354
2022 $1,748 $3,275 $7,606 $24,212
2021 $1,825 $3,145 $7,621 $22,144
2020 $1,290 $3,103 $6,660 $19,962
2019 $1,352 $3,237 $6,719 $20,223
2018 $1,496 $3,197 $6,714 $18,460
2017 $1,395 $3,339 $5,955 $17,161
2016 $1,318 $3,253 $5,598 $16,458
2015 $1,411 $3,026 $5,263 $15,034
2014 $1,460 $3,076 $5,925 $14,485
2013 $1,458 $3,042 $5,626 $13,663
2012 $1,361 $2,830 $5,050 $12,726
2011 $1,312 $2,858 $5,417 $12,421
2010 $1,210 $2,695 $4,833 $11,992
2009 $1,197 $2,855 $4,800 $11,532
2008 $1,095 $2,724 $5,026 $10,924
2007 $985 $2,647 $4,204 $9,639
2006 $829 $2,504 $3,440 $8,888
2005 $776 $2,427 $3,121 $7,972
2004 $683 $2,322 $2,819 $7,229
2003 $579 $2,331 $2,445 $6,608
2002 $721 $2,248 $1,989 $6,395
2001 $749 $2,230 $1,823 $6,051
2000 $821 $2,229 $1,862 $6,154
1999 $510 $2,201 $1,915 $5,724
1998 $465 $2,152 $1,876 $5,448
1997 $425 $2,122 $1,960 $5,227
1996 $377 $2,070 $2,307 $5,026
1995 $372 $1,989 $2,355 $4,912
1994 $292.1 $1,807 $1,786 $4,880
1993 $258.1 $2,048 $1,337 $4,829
1992 $316 $2,158 $1,199 $5,033
1991 $497 $2,273 $2,402 $5,207
1990 $452 $2,202 $2,277 $5,348
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 (1960–2025, retrieved 2026-07-08).

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

Haiti's GDP per capita is $2,694, ranking 150/197, compared to $10,490 in North Macedonia, ranking 86/197. Adjusted for purchasing power (GDP per capita PPP), Haiti ranks 177th at $3,194, while North Macedonia ranks 78th at $26,995.

Economic indicators

Haiti North Macedonia
Gross domestic product
$32.1B
2025
$19.1B
2025
GDP rank
112/197
2025
137/197
2025
GDP growth
-2.71%
2024-2025
3.49%
2024-2025
GDP per capita
$2,694
2025
$10,490
2025
GDP per capita rank
150/197
2025
86/197
2025
GDP per capita, PPP
$3,194
2024
$26,995
2024
GDP per capita PPP rank
177/197
2024
78/197
2024
Government debt
$3.95B
2025
$10B
2025
Debt-to-GDP ratio
12.3%
2025
52.5%
2025
Government debt per person
$332
2025
$5,510
2025
Government debt per person rank
177/185
2025
78/185
2025
Average annual personal income after taxes
$2,152
2026
$9,326
2026
Income share by richest 10%
31.2%
2012
22.9%
2019
Income share by poorest 10%
2.1%
2012
1.9%
2019
Government expenditure, % of GDP
6.19%
2025
36.2%
2025
Consumer prices inflation
28.6%
2024-2025
4.1%
2024-2025
Central bank interest rate n/a
5.35%
2025
Unemployment rate
14.1%
2012
11.5%
2025
Population
12106577
1811466

Spending and national debt comparison by year

Haiti
Spending

Debt
North Macedonia
Spending

Debt
1x
Year % of GDP
Haiti North Macedonia
Government spending Government debt Government spending Government debt
2025 6.19% 12.3% 36.2% 52.5%
2024 5.25% 15.5% 36.1% 52.9%
2023 6.46% 27.8% 35.3% 50.5%
2022 8.33% 29.2% 35% 50.4%
2021 9.42% 28.4% 35.3% 52.7%
2020 9.86% 22.3% 36.4% 50.8%
2019 9.59% 26.5% 31.4% 40.4%
2018 11.3% 24.1% 30.3% 40.4%
2017 10.2% 22.5% 31.8% 39.4%
2016 10.5% 24.4% 31.1% 39.7%
2015 12.7% 23.9% 32.2% 38%
2014 14.6% 21.4% 31.7% 38%
2013 15.9% 25.1% 31.7% 34%
2012 16.4% 24.1% 33.3% 33.7%
2011 14.1% 22.3% 31.9% 27.7%
2010 12.6% 24.9% 32.5% 24.3%
2009 11.6% 19.4% 33.6% 23.7%
2008 11.2% 33.9% 33.8% 20.6%
2007 11.1% 24.4% 31.4% 23.5%
2006 9.67% 32.2% 31.5% 30.6%
2005 8.75% 29.7% 32.5% 36.7%
2004 7.38% 30.4% 34.1% 34.6%
2003 7.83% 37.8% 36% 36.5%
2002 6.64% 32% 38.2% 40.5%
2001 6.11% 28.8% 37.4% 45.2%
2000 6.25% 32.5% 32% 45.6%
1999 6.91% 24.1% 32.5% 29.8%
1998 5.4% 24% 32.2% 33.1%
1997 5.46% 26.2% 32.3% 29.3%
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 (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1998, retrieved 2026-07-08).

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

In 2025, Haiti's government spending was $1.99B, accounting for 6.19% of its GDP, while North Macedonia spent $6.91B, or 36.2% of GDP.

Debt-to-GDP ratio is 12.3% in Haiti and 52.5% in North Macedonia, ranking 179/185 and 97/185, respectively.

Government deficit by year

Deficit/surplus
Haiti

North Macedonia
1x
Year Deficit/surplus, % of GDP
Haiti North Macedonia
2025 -0.22% -4.01%
2024 6.96% -4.38%
2023 0.77% -4.59%
2022 -1.75% -5.23%
2021 -2.45% -5.32%
2020 -1.96% -8.05%
2019 -1.99% -1.97%
2018 -1.13% -1.76%
2017 -0.32% -2.73%
2016 0.12% -2.7%
2015 -1.47% -3.48%
2014 -3.64% -4.19%
2013 -3.98% -3.84%
2012 -2.71% -3.81%
2011 -1.43% -2.47%
2010 -1.5% -2.41%
2009 -2% -2.63%
2008 -1.8% -0.93%
2007 -1.55% 0.58%
2006 -0.91% -0.51%
2005 -0.83% 0.21%
2004 -1.34% 0.37%
2003 -2.24% -0.07%
2002 -1.8% -5.24%
2001 -1.55% -5.88%
2000 -1.36% 2.37%
1999 -1.54% 0.03%
1998 0.21% -1.59%
1997 0.37% -0.35%
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) | Fiscal Monitor (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1987, retrieved 2026-07-08).

GeoRank.org/economy/haiti/north-macedonia | 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 North Macedonia's deficit of $766M, or 4.01% of GDP.

Over the past 29 years, Haiti recorded a fiscal deficit in 24 of those years, while North Macedonia ran a deficit in 24 years. On average, Haiti posted an annual deficit equal to 1.14% of GDP, compared to deficit of 2.57% of GDP for North Macedonia.

Inflation comparison by year

Inflation
Haiti

North Macedonia
1x
Year Consumer prices inflation
Haiti North Macedonia
2025 28.6% 4.1%
2024 26.9% 3.5%
2023 36.8% 9.4%
2022 34% 14.2%
2021 16.8% 3.2%
2020 22.8% 1.2%
2019 18.7% 0.8%
2018 12.5% 1.5%
2017 10.7% 1.4%
2016 11.5% -0.2%
2015 6.73% -0.2%
2014 3.44% -0.3%
2013 4.77% 2.8%
2012 5.02% 3.3%
2011 6.33% 3.9%
2010 4.83% 1.5%
2009 0.39% -0.8%
2008 15.3% 7.2%
2007 6.56% 2.8%
2006 11.3% 3.3%
2005 14% 0%
2004 21% -0.4%
2003 28.7% 1.1%
2002 7.03% 1.7%
2001 13.3% 5.1%
2000 9.33% 6.6%
1999 3% -1.3%
1998 5.27% 0.5%
1997 20.6% 1.3%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Haiti has recorded an average annual inflation rate of 14%, compared with 2.66% in North Macedonia. In 2025, inflation was 28.6% in Haiti and 4.1% in North Macedonia.

Balance of trade

Haiti North Macedonia
Current account balance
-$145M
2024
-$815M
2025
Current account balance ranking
85/190
2024
112/190
2025
Current account balance, % of GDP
-0.6%
2024
-4.27%
2025
Goods imports
$4.27B
2024
$11.7B
2025
Goods exports
$767M
2024
$7.87B
2025
Service imports
$518M
2024
$2.4B
2025
Service exports
$96.6M
2024
$3.55B
2025
Imports of goods and services, % of GDP
14.3%
2025
73.4%
2025
Exports of goods and services, % of GDP
1.56%
2025
59.6%
2025

Economic freedom indices

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

Haiti North Macedonia
Economic freedom 46.1 63.3
Economic freedom ranking 178/197 81/197
Property rights 6.6 56.2
Government integrity 13 43.2
Judicial effectiveness 17.3 49.5
Tax burden 81.7 94.9
Government spending 98.7 61.7
Fiscal health 99.5 57.7
Business freedom 30.7 72.2
Labor freedom 54.7 51.4
Monetary freedom 45.1 69.6
Trade freedom 66.4 77.8
Investment freedom 20 65
Financial freedom 20 60

Economic freedom comparison by year

Haiti
North Macedonia
1x
Year Economic freedom index
Haiti North Macedonia
2026 46.1 63.3
2025 46.1 63.2
2024 48.2 61.4
2023 49.9 63.7
2022 50 65.7
2021 50.8 68.6
2020 52.3 69.5
2019 52.7 71.1
2018 55.8 71.3
2017 49.6 70.7
2016 51.3 67.5
2015 51.3 67.1
2014 48.9 68.6
2013 48.1 68.2
2012 50.7 68.5
2011 52.1 66
2010 50.8 65.7
2009 50.5 61.2
2008 49 61.1
2007 51.4 60.6
2006 49.2 59.2
2005 48.4 56.1
2004 51.2 56.8
2003 50.6 60.1
2002 47.9 58
2001 47.1 -
2000 45.7 -
1999 45.9 -
1998 45.7 -
1997 45.8 -
1996 41 -
1995 43 -

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

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

The Economic Freedom Index for Haiti is 46.1, ranking 178/197, compared to 63.3 for North Macedonia, ranking 81/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Haiti North Macedonia
Services, % of GDP
54.2%
2025
57%
2025
Industry, % of GDP
27.5%
2025
24.1%
2025
Agriculture, forestry, and fishing, % of GDP
15.8%
2025
5.98%
2025
GNI, Atlas method
$23.9B
2025
$17.3B
2025
GNI per capita, PPP
$3,130
2025
$26,680
2025
Total reserves including gold
$3.39B
2025
$5.8B
2025
Total reserves ranking
118/177
2025
98/177
2025
Net foreign direct investment
-$20M
2024
-$276M
2025
Net inflows of foreign direct investment
$20M
2024
$1.06B
2024
Net outflows of foreign direct investment
$0
2024
-$64.9M
2024
Servicing debt to the IMF, % of GNI
2.24%
2024
9.59%
2024
Poverty at national poverty lines
58.5%
2012
21.9%
2023
Gross capital formation, % of GDP
12.1%
2025
31.7%
2025

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/north-macedonia | 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 (1997–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1998, 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. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. 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.