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Economy of Haiti vs Russia compared: GDP & Debt

Updated on by Georank

Haiti has a GDP of $32.1B compared to $2.56T for Russia, ranking 112/197 and 8/197 by economy size, respectively.

Haiti has $3.95B in government debt (12.3% of GDP), compared to $440B (17.2% of GDP) in Russia.

Haiti vs Russia GDP by year

Haiti
Russia
1x
Year GDP, current $
Haiti Russia
2025 $32,077,278,409 $2,561,310,169,359
2024 $24,255,657,481 $2,186,462,268,813
2023 $19,572,288,894 $2,046,284,838,151
2022 $20,113,007,126 $2,292,495,097,681
2021 $20,754,978,152 $1,829,186,719,575
2020 $14,508,222,518 $1,493,075,894,362
2019 $15,016,090,930 $1,693,115,002,708
2018 $16,403,864,618 $1,657,328,773,461
2017 $15,093,357,161 $1,574,199,360,089
2016 $14,069,277,526 $1,276,786,350,881
2015 $14,849,629,309 $1,363,482,182,198
2014 $15,146,883,498 $2,059,241,589,895
2013 $14,902,488,604 $2,292,470,078,346
2012 $13,708,925,477 $2,208,293,553,878
2011 $13,008,746,039 $2,045,922,753,398
2010 $11,859,312,725 $1,524,916,715,224
2009 $11,597,002,835 $1,222,645,900,056
2008 $10,432,962,635 $1,660,848,058,303
2007 $9,228,637,768 $1,299,703,478,482
2006 $7,638,739,123 $989,932,071,353
2005 $7,030,149,730 $764,015,973,481
2004 $6,087,360,684 $591,016,690,732
2003 $5,071,947,798 $430,347,420,185
2002 $6,205,847,214 $345,470,494,418
2001 $6,331,970,324 $306,602,070,621
2000 $6,813,566,099 $259,710,142,197
1999 $4,153,725,884 $195,907,128,351
1998 $3,723,903,724 $270,955,486,862
1997 $3,338,949,152 $404,928,954,192
1996 $2,907,517,604 $391,724,890,744
1995 $2,813,313,279 $395,537,185,735
1994 $2,167,569,046 $395,077,301,248
1993 $1,878,253,767 $435,083,713,851
1992 $2,257,129,792 $460,290,556,901
1991 $3,473,562,628 $517,962,962,963
1990 $3,096,289,800 $517,014,446,228
1989 $2,736,243,800 $506,631,299,735
1988 $2,613,926,800 $554,828,660,436
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/russia | CC BY

GDP per capita in Haiti vs Russia by year

Haiti
GDP per capita

GDP per capita, PPP
Russia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Haiti Russia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,694 - $17,847 -
2024 $2,060 $3,194 $15,219 $47,362
2023 $1,682 $3,292 $14,227 $44,269
2022 $1,748 $3,275 $15,894 $40,939
2021 $1,825 $3,145 $12,637 $38,638
2020 $1,290 $3,103 $10,280 $31,491
2019 $1,352 $3,237 $11,640 $30,964
2018 $1,496 $3,197 $11,399 $28,629
2017 $1,395 $3,339 $10,835 $25,778
2016 $1,318 $3,253 $8,804 $24,012
2015 $1,411 $3,026 $9,427 $23,994
2014 $1,460 $3,076 $14,277 $25,688
2013 $1,458 $3,042 $15,941 $26,020
2012 $1,361 $2,830 $15,402 $24,274
2011 $1,312 $2,858 $14,305 $22,790
2010 $1,210 $2,695 $10,675 $20,490
2009 $1,197 $2,855 $8,563 $19,390
2008 $1,095 $2,724 $11,635 $20,164
2007 $985 $2,647 $9,101 $16,648
2006 $829 $2,504 $6,920 $14,912
2005 $776 $2,427 $5,323 $11,822
2004 $683 $2,322 $4,102 $10,227
2003 $579 $2,331 $2,975 $9,255
2002 $721 $2,248 $2,378 $8,037
2001 $749 $2,230 $2,100 $7,361
2000 $821 $2,229 $1,772 $6,825
1999 $510 $2,201 $1,331 $5,914
1998 $465 $2,152 $1,835 $5,465
1997 $425 $2,122 $2,738 $5,700
1996 $377 $2,070 $2,644 $5,518
1995 $372 $1,989 $2,666 $5,613
1994 $292.1 $1,807 $2,662 $5,734
1993 $258.1 $2,048 $2,931 $6,420
1992 $316 $2,158 $3,099 $6,862
1991 $497 $2,273 $3,490 $7,858
1990 $452 $2,202 $3,494 $8,028
1989 $407 - $3,430 -
1988 $397 - $3,778 -
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/russia | CC BY

Haiti's GDP per capita is $2,694, ranking 150/197, compared to $17,847 in Russia, ranking 68/197. Adjusted for purchasing power (GDP per capita PPP), Haiti ranks 177th at $3,194, while Russia ranks 50th at $47,362.

Economic indicators

Haiti Russia
Gross domestic product
$32.1B
2025
$2.56T
2025
GDP rank
112/197
2025
8/197
2025
GDP growth
-2.71%
2024-2025
1%
2024-2025
GDP per capita
$2,694
2025
$17,847
2025
GDP per capita rank
150/197
2025
68/197
2025
GDP per capita, PPP
$3,194
2024
$47,362
2024
GDP per capita PPP rank
177/197
2024
50/197
2024
Government debt
$3.95B
2025
$440B
2025
Debt-to-GDP ratio
12.3%
2025
17.2%
2025
Government debt per person
$332
2025
$3,068
2025
Government debt per person rank
177/185
2025
105/185
2025
Average annual personal income after taxes
$2,152
2026
$11,183
2026
Market capitalization of domestic companies n/a
$650B
2023
Number of millionaires n/a
447,000
2026
Number of billionaires n/a
147
2026
Income share by richest 10%
31.2%
2012
25.1%
2023
Income share by poorest 10%
2.1%
2012
3.1%
2023
Government expenditure, % of GDP
6.19%
2025
39.1%
2025
Consumer prices inflation
28.6%
2024-2025
8.7%
2024-2025
Central bank interest rate n/a
14.5%
2026
Unemployment rate
14.1%
2012
2.13%
2025
Population
12106577
142643173

Spending and national debt comparison by year

Haiti
Spending

Debt
Russia
Spending

Debt
1x
Year % of GDP
Haiti Russia
Government spending Government debt Government spending Government debt
2025 6.19% 12.3% 39.1% 17.2%
2024 5.25% 15.5% 36.7% 14.8%
2023 6.46% 27.8% 36.1% 15.2%
2022 8.33% 29.2% 35.1% 15.1%
2021 9.42% 28.4% 34.9% 16.5%
2020 9.86% 22.3% 39.2% 19.2%
2019 9.59% 26.5% 33.8% 13.7%
2018 11.3% 24.1% 32.6% 13.6%
2017 10.2% 22.5% 34.8% 14.3%
2016 10.5% 24.4% 36.6% 14.8%
2015 12.7% 23.9% 35.3% 15.3%
2014 14.6% 21.4% 34.9% 15.1%
2013 15.9% 25.1% 34.7% 12.3%
2012 16.4% 24.1% 34% 11.2%
2011 14.1% 22.3% 33.3% 10.3%
2010 12.6% 24.9% 35.5% 10.1%
2009 11.6% 19.4% 38.6% 9.92%
2008 11.2% 33.9% 32% 7.45%
2007 11.1% 24.4% 31.9% 8.03%
2006 9.67% 32.2% 29% 9.8%
2005 8.75% 29.7% 29.5% 14.9%
2004 7.38% 30.4% 29.6% 20.8%
2003 7.83% 37.8% 32.6% 28.3%
2002 6.64% 32% 33.8% 37.6%
2001 6.11% 28.8% 31.5% 44.4%
2000 6.25% 32.5% 30.7% 55.9%
1999 6.91% 24.1% 34.3% 92.4%
1998 5.4% 24% 39.7% 135.2%
1997 5.46% 26.2% - 51.5%
1996 - 26.2% - 51.9%
1995 - 26.2% - 53.7%
1994 - 35.3% - 63.5%
1993 - 98% - 92.4%
1992 - 118.9% - 116%
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 (1960–1996, retrieved 2026-07-08).

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

In 2025, Haiti's government spending was $1.99B, accounting for 6.19% of its GDP, while Russia spent $1T, or 39.1% of GDP.

Debt-to-GDP ratio is 12.3% in Haiti and 17.2% in Russia, ranking 179/185 and 175/185, respectively.

Government deficit by year

Deficit/surplus
Haiti

Russia
1x
Year Deficit/surplus, % of GDP
Haiti Russia
2025 -0.22% -3.9%
2024 6.96% -1.59%
2023 0.77% -2.24%
2022 -1.75% -1.34%
2021 -2.45% 0.78%
2020 -1.96% -3.99%
2019 -1.99% 1.93%
2018 -1.13% 2.92%
2017 -0.32% -1.47%
2016 0.12% -3.67%
2015 -1.47% -3.39%
2014 -3.64% -1.07%
2013 -3.98% -1.16%
2012 -2.71% 0.38%
2011 -1.43% 1.43%
2010 -1.5% -3.19%
2009 -2% -5.89%
2008 -1.8% 4.55%
2007 -1.55% 5.59%
2006 -0.91% 7.8%
2005 -0.83% 7.6%
2004 -1.34% 4.57%
2003 -2.24% 1.35%
2002 -1.8% 0.67%
2001 -1.55% 2.99%
2000 -1.36% 3.11%
1999 -1.54% -3.59%
1998 0.21% -7.42%
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% 0.15%
1939 -0.16% 0.12%
1938 0.15% 0.16%
1937 -0.08% 0.12%
1936 -0.06% 0.1%
1935 -0.2% 0.07%
1934 -1.23% 0.25%
1933 0% 0.58%
1932 0.4% 0.06%
1931 -0.49% -1.12%
1930 -0.52% -1.62%
1929 -0.32% -0.4%
1928 -0.25% -0.4%
1927 0.73% -
1926 -0.45% -
1925 0.05% -
1924 -0.14% -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -
1912 - 0.69%
1911 - 1.26%
1910 - 1.52%
1909 - -0.15%
1908 - -0.83%
1907 - -0.86%
1906 - -3.19%
1905 - -7.72%
1904 - -5.13%
1903 - 1.04%
1902 - -1.57%
1901 - 0.14%
1900 - -0.36%
1899 - 0.66%
1898 - 0.03%
1897 - 0.34%
1896 - 1.3%
1895 - 0.7%
1894 - 1.43%
1893 - 0.63%
1892 - -1.16%
1891 - -0.97%
1890 - 0.01%
1889 - 1.34%
1888 - 0.88%
1887 - 0.14%
1886 - -0.84%
1885 - -0.75%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1885–1987, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/haiti/russia | 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 Russia's deficit of $100B, or 3.9% of GDP.

Over the past 28 years, Haiti recorded a fiscal deficit in 24 of those years, while Russia ran a deficit in 14 years. On average, Haiti posted an annual deficit equal to 1.19% of GDP, compared to surplus of 0.06% of GDP for Russia.

Inflation comparison by year

Inflation
Haiti

Russia
1x
Year Consumer prices inflation
Haiti Russia
2025 28.6% 8.7%
2024 26.9% 8.4%
2023 36.8% 5.9%
2022 34% 13.7%
2021 16.8% 6.7%
2020 22.8% 3.4%
2019 18.7% 4.5%
2018 12.5% 2.9%
2017 10.7% 3.7%
2016 11.5% 7%
2015 6.73% 15.5%
2014 3.44% 7.8%
2013 4.77% 6.8%
2012 5.02% 5.1%
2011 6.33% 8.4%
2010 4.83% 6.8%
2009 0.39% 11.6%
2008 15.3% 14.1%
2007 6.56% 9%
2006 11.3% 9.7%
2005 14% 12.7%
2004 21% 10.9%
2003 28.7% 13.7%
2002 7.03% 15.8%
2001 13.3% 21.5%
2000 9.33% 20.8%
1999 3% 85.7%
1998 5.27% 27.7%
1997 20.6% 14.8%

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/russia | CC BY

Over the past 29 years, Haiti has recorded an average annual inflation rate of 14%, compared with 13.2% in Russia. In 2025, inflation was 28.6% in Haiti and 8.7% in Russia.

Top exports between countries

Haiti
Export category Export value
Russia
Export category Export value
Metals $12.3M
Raw agricultural goods $6.94M
Animal & marine products $1.2M
Chemicals & pharma $692K
Raw materials & minerals $683K
Machinery & equipment $305K
Miscellaneous $158K
IT & IP services $36K
Textiles & consumer goods $35K
Transport & tourism services $33K

Balance of trade

Haiti Russia
Current account balance
-$145M
2024
$43.1B
2025
Current account balance ranking
85/190
2024
14/190
2025
Current account balance, % of GDP
-0.6%
2024
+1.68%
2025
Goods imports
$4.27B
2024
$305B
2025
Goods exports
$767M
2024
$422B
2025
Service imports
$518M
2024
$94.8B
2025
Service exports
$96.6M
2024
$46.3B
2025
Imports of goods and services, % of GDP
14.3%
2025
15.5%
2025
Exports of goods and services, % of GDP
1.56%
2025
18.2%
2025

Economic freedom indices

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

Haiti Russia
Economic freedom 46.1 50.3
Economic freedom ranking 178/197 161/197
Property rights 6.6 18.6
Government integrity 13 22.8
Judicial effectiveness 17.3 22.8
Tax burden 81.7 81.9
Government spending 98.7 61.3
Fiscal health 99.5 94.4
Business freedom 30.7 51.4
Labor freedom 54.7 59.1
Monetary freedom 45.1 61.8
Trade freedom 66.4 69.4
Investment freedom 20 30
Financial freedom 20 30

Economic freedom comparison by year

Haiti
Russia
1x
Year Economic freedom index
Haiti Russia
2026 46.1 50.3
2025 46.1 51.6
2024 48.2 52
2023 49.9 53.8
2022 50 56.1
2021 50.8 61.5
2020 52.3 61
2019 52.7 58.9
2018 55.8 58.2
2017 49.6 57.1
2016 51.3 50.6
2015 51.3 52.1
2014 48.9 51.9
2013 48.1 51.1
2012 50.7 50.5
2011 52.1 50.5
2010 50.8 50.3
2009 50.5 50.8
2008 49 49.8
2007 51.4 52.2
2006 49.2 52.4
2005 48.4 51.3
2004 51.2 52.8
2003 50.6 50.8
2002 47.9 48.7
2001 47.1 49.8
2000 45.7 51.8
1999 45.9 54.5
1998 45.7 52.8
1997 45.8 48.6
1996 41 51.6
1995 43 51.1

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

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

The Economic Freedom Index for Haiti is 46.1, ranking 178/197, compared to 50.3 for Russia, ranking 161/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Haiti Russia
Services, % of GDP
54.2%
2025
58.9%
2025
Industry, % of GDP
27.5%
2025
29.7%
2025
Agriculture, forestry, and fishing, % of GDP
15.8%
2025
3.06%
2025
GNI, Atlas method
$23.9B
2025
$2.33T
2025
GNI per capita, PPP
$3,130
2025
$49,220
2025
Total reserves including gold
$3.39B
2025
$608B
2024
Total reserves ranking
118/177
2025
6/177
2024
Net foreign direct investment
-$20M
2024
-$12.4B
2025
Net inflows of foreign direct investment
$20M
2024
-$9.35B
2024
Net outflows of foreign direct investment
$0
2024
-$170M
2024
Servicing debt to the IMF, % of GNI
2.24%
2024
2.63%
2024
Poverty at national poverty lines
58.5%
2012
7.2%
2024
Gross capital formation, % of GDP
12.1%
2025
25.9%
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/russia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1885–1996, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, 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 (2021, 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.