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Economy of Haiti vs Saint Lucia compared: GDP & Debt

Updated on by Georank team

Haiti has a GDP of $25.2B compared to $2.55B for Saint Lucia, ranking 117/197 and 173/197 by economy size, respectively.

Haiti has $3.91B in government debt (15.5% of GDP), compared to $1.97B (77.2% of GDP) in Saint Lucia.

Haiti vs Saint Lucia GDP by year

Haiti
Saint Lucia
1x
Year GDP, current $
Haiti Saint Lucia
2024 $25,224,154,991 $2,549,062,963
2023 $19,850,585,722 $2,430,166,667
2022 $20,253,551,921 $2,342,714,815
2021 $20,944,387,976 $1,867,185,185
2020 $14,508,222,518 $1,499,274,074
2019 $15,016,090,930 $2,095,344,444
2018 $16,403,864,618 $2,060,955,556
2017 $15,093,357,161 $1,998,503,704
2016 $14,069,277,526 $1,868,544,444
2015 $14,849,629,309 $1,807,640,741
2014 $15,146,883,498 $1,749,185,185
2013 $14,902,488,604 $1,660,392,593
2012 $13,708,925,477 $1,598,207,407
2011 $13,008,746,039 $1,568,370,370
2010 $11,859,312,725 $1,482,385,185
2009 $11,597,002,835 $1,401,507,889
2008 $10,432,962,635 $1,437,731,111
2007 $9,228,637,768 $1,336,088,815
2006 $7,638,739,123 $1,268,319,185
2005 $7,030,149,730 $1,135,555,556
2004 $6,087,360,684 $1,066,666,667
2003 $5,071,947,798 $987,407,407
2002 $6,205,847,214 $900,000,000
2001 $6,331,970,324 $892,592,593
2000 $6,813,566,099 $932,592,593
1999 $4,153,725,884 $921,851,852
1998 $3,723,903,724 $877,407,407
1997 $3,338,949,152 $805,925,926
1996 $2,907,517,604 $788,888,889
1995 $2,813,313,279 $762,962,963
1994 $2,167,569,046 $713,703,704
1993 $1,878,253,767 $684,814,815
1992 $2,257,129,792 $674,074,074
1991 $3,473,562,628 $613,703,704
1990 $3,096,289,800 $579,629,630
1989 $2,736,243,800 $486,666,667
1988 $2,613,926,800 $429,629,630
1987 $2,047,200,000 $375,555,556
1986 $2,318,000,000 $340,000,000
1985 $2,009,400,000 $284,444,444
1984 $1,816,200,000 $251,481,481
1983 $1,623,600,000 $197,037,037
1982 $1,474,200,000 $183,333,333
1981 $1,479,400,000 $194,444,444
1980 $1,383,800,000 $170,370,370
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/saint-lucia | CC BY

GDP per capita in Haiti vs Saint Lucia by year

Haiti
GDP per capita

GDP per capita, PPP
Saint Lucia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Haiti Saint Lucia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,143 $3,194 $14,182 $27,567
2023 $1,706 $3,292 $13,555 $25,975
2022 $1,761 $3,275 $13,104 $24,599
2021 $1,841 $3,145 $10,459 $19,101
2020 $1,290 $3,103 $8,411 $14,912
2019 $1,352 $3,237 $11,794 $18,710
2018 $1,496 $3,197 $11,643 $17,433
2017 $1,395 $3,339 $11,333 $16,131
2016 $1,318 $3,253 $10,638 $15,307
2015 $1,411 $3,026 $10,335 $14,353
2014 $1,460 $3,076 $10,045 $14,403
2013 $1,458 $3,042 $9,577 $14,010
2012 $1,361 $2,830 $9,260 $13,443
2011 $1,312 $2,858 $9,129 $13,471
2010 $1,210 $2,695 $8,674 $12,718
2009 $1,197 $2,855 $8,251 $12,600
2008 $1,095 $2,724 $8,517 $12,969
2007 $985 $2,647 $7,964 $12,199
2006 $829 $2,504 $7,611 $11,758
2005 $776 $2,427 $6,863 $10,818
2004 $683 $2,322 $6,495 $10,610
2003 $579 $2,331 $6,059 $9,707
2002 $721 $2,248 $5,568 $9,205
2001 $749 $2,230 $5,570 $9,106
2000 $821 $2,229 $5,880 $9,314
1999 $510 $2,201 $5,883 $9,214
1998 $465 $2,152 $5,673 $8,965
1997 $425 $2,122 $5,282 $8,456
1996 $377 $2,070 $5,244 $8,490
1995 $372 $1,989 $5,148 $8,222
1994 $292.1 $1,807 $4,892 $8,041
1993 $258.1 $2,048 $4,765 $7,865
1992 $316 $2,158 $4,760 $7,753
1991 $497 $2,273 $4,399 $7,127
1990 $452 $2,202 $4,205 $6,951
1989 $407 - $3,565 -
1988 $397 - $3,182 -
1987 $318 - $2,819 -
1986 $367 - $2,591 -
1985 $325 - $2,202 -
1984 $299.2 - $1,979 -
1983 $272.8 - $1,576 -
1982 $252.6 - $1,489 -
1981 $258.5 - $1,605 -
1980 $246.5 - $1,428 -
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).

GeoRank.org/economy/haiti/saint-lucia | CC BY

Haiti's GDP per capita is $2,143, ranking 153/197, compared to $14,182 in Saint Lucia, ranking 70/197. Adjusted for purchasing power (GDP per capita PPP), Haiti ranks 177th at $3,194, while Saint Lucia ranks 75th at $27,567.

Economic indicators

Haiti Saint Lucia
Gross domestic product
$25.2B
2024
$2.55B
2024
GDP rank
117/197
2024
173/197
2024
GDP growth
-4.17%
2023-2024
3.89%
2023-2024
GDP per capita
$2,143
2024
$14,182
2024
GDP per capita rank
153/197
2024
70/197
2024
GDP per capita, PPP
$3,194
2024
$27,567
2024
GDP per capita PPP rank
177/197
2024
75/197
2024
Government debt
$3.91B
2024
$1.97B
2024
Debt-to-GDP ratio
15.5%
2024
77.2%
2024
Government debt per person
$332
2024
$10,952
2024
Government debt per person rank
176/185
2024
52/185
2024
Average annual personal income after taxes
$1,896
2026
$10,412
2026
Income share by richest 10%
31.2%
2012
34.1%
2015
Income share by poorest 10%
2.1%
2012
2.1%
2015
Government expenditure, % of GDP
5.25%
2024
24.5%
2024
Consumer prices inflation
26.9%
2023-2024
-0.11%
2023-2024
Unemployment rate
14.1%
2012
10.1%
2024
Population
12076663
180638

Spending and national debt comparison by year

Haiti
Spending

Debt
Saint Lucia
Spending

Debt
1x
Year % of GDP
Haiti Saint Lucia
Government spending Government debt Government spending Government debt
2024 5.25% 15.5% 24.5% 77.2%
2023 6.46% 28.5% 25.6% 76.6%
2022 8.33% 29.5% 23% 74.4%
2021 9.42% 28.9% 27.4% 87%
2020 9.86% 22.3% 34.9% 100%
2019 9.59% 26.5% 25.1% 62.1%
2018 11.3% 24.1% 23.2% 60.5%
2017 10.2% 22.5% 23.3% 60.4%
2016 10.5% 24.4% 23% 61.3%
2015 12.7% 23.9% 23.7% 61.1%
2014 14.6% 21.4% 23.6% 62.4%
2013 15.9% 25.1% 25.4% 62.1%
2012 16.4% 24.1% 28% 60.8%
2011 14.1% 22.3% 27% 55.2%
2010 12.6% 24.9% 26% 53%
2009 11.6% 19.4% 24.5% 51%
2008 11.2% 33.9% 22.2% 46.7%
2007 11.1% 24.4% 22.6% 49.1%
2006 9.67% 32.2% 24.7% 48.6%
2005 8.75% 29.7% 26% 51.9%
2004 7.38% 30.4% 22.9% 49.6%
2003 7.83% 37.8% 22.9% 45.6%
2002 6.64% 32% 23.6% 48.8%
2001 6.11% 28.8% 22.1% 38.1%
2000 6.25% 32.5% 20.7% 32.5%
1999 6.91% 24.1% 20.9% 28.9%
1998 5.4% 24% 18.8% 29.4%
1997 5.46% 26.2% 19.5% 27.2%
1996 - 26.2% 18.9% 24.1%
1995 - 26.2% 19.2% 22.9%
1994 - 35.3% 19.1% 23.8%
1993 - 98% 21.8% 22.9%
1992 - 118.9% 18.4% 22.2%
1991 - 80.7% 18.4% 19.8%
1990 - 85.1% 16.7% 17%
1989 - 98.7% 19% 18.1%
1988 - 90.9% 18.2% 18.6%
1987 32.4% 58.6% 19.9% 19.6%
1986 15.1% 26.5% 21.1% 17.2%
1985 17.4% 25.6% 20.4% 17.1%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

GeoRank.org/economy/haiti/saint-lucia | CC BY

In 2024, Haiti's government spending was $1.32B, accounting for 5.25% of its GDP, while Saint Lucia spent $625M, or 24.5% of GDP.

Debt-to-GDP ratio is 15.5% in Haiti and 77.2% in Saint Lucia, ranking 177/185 and 46/185, respectively.

Government deficit by year

Deficit/surplus
Haiti

Saint Lucia
1x
Year Deficit/surplus, % of GDP
Haiti Saint Lucia
2024 6.96% -2.13%
2023 0.77% -3.09%
2022 -1.75% -1.67%
2021 -2.45% -5.1%
2020 -1.96% -12%
2019 -1.99% -3.51%
2018 -1.13% -1.03%
2017 -0.32% -1.14%
2016 0.12% -0.79%
2015 -1.47% -2.35%
2014 -3.64% -3.08%
2013 -3.98% -4.84%
2012 -2.71% -7.62%
2011 -1.43% -5.38%
2010 -1.5% -4.17%
2009 -2% -2.67%
2008 -1.8% -0.72%
2007 -1.55% -1.62%
2006 -0.91% -5.07%
2005 -0.83% -6.18%
2004 -1.34% -2.63%
2003 -2.24% -3.23%
2002 -1.8% -3.1%
2001 -1.55% -3.08%
2000 -1.36% -1.16%
1999 -1.54% 1.62%
1998 0.21% 2.25%
1997 0.37% -1.13%
1996 - -0.58%
1995 - -0.13%
1994 - -0.02%
1993 - -0.26%
1992 - -0.66%
1991 - -0.43%
1990 - 0.29%
1989 - 0.89%
1988 - 2.02%
1987 -4.94% 0.56%
1986 -1.4% -1.61%
1985 -0.97% -1.5%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1989, retrieved 2026-02-20).

GeoRank.org/economy/haiti/saint-lucia | 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 Saint Lucia's deficit of $54.2M, or 2.13% of GDP.

Over the past 40 years, Haiti recorded a fiscal deficit in 26 of those years, while Saint Lucia ran a deficit in 34 years. On average, Haiti posted an annual deficit equal to 1.29% of GDP, compared to deficit of 2.15% of GDP for Saint Lucia.

Inflation comparison by year

Inflation
Haiti

Saint Lucia
1x
Year Consumer prices inflation
Haiti Saint Lucia
2024 26.9% -0.11%
2023 36.8% 4.07%
2022 34% 6.38%
2021 16.8% 2.41%
2020 22.8% -1.76%
2019 18.7% 0.54%
2018 12.5% 1.94%
2017 10.7% 0.1%
2016 11.5% -3.08%
2015 6.73% -0.98%
2014 3.44% 3.52%
2013 4.77% 1.47%
2012 5.02% 4.18%
2011 6.33% 2.77%
2010 4.83% 3.25%
2009 0.39% -0.16%
2008 15.3% 5.55%
2007 6.56% 2.82%
2006 11.3% 2.4%
2005 14% 3.9%
2004 21% 1.46%
2003 28.7% 1.03%
2002 7.03% -0.26%
2001 13.3% 5.31%
2000 9.33% 3.71%
1999 3% 3.5%
1998 5.27% 3.2%
1997 20.6% -0.006%

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

GeoRank.org/economy/haiti/saint-lucia | CC BY

Over the past 28 years, Haiti has recorded an average annual inflation rate of 13.5%, compared with 2.04% in Saint Lucia. In 2024, inflation was 26.9% in Haiti and -0.11% in Saint Lucia.

Top exports between countries

Haiti
Export category Export value
Machinery & equipment $23K
Precious metals & jewellery $2K
Processed food, beverages & tobacco $1K
Wood & paper products $1K
Saint Lucia
Export category Export value
Raw agricultural goods $52K

Balance of trade

Haiti Saint Lucia
Current account balance
-$145M
2024
-$64.1M
2024
Current account balance ranking
92/190
2024
86/190
2024
Current account balance, % of GDP
-0.58%
2024
-2.52%
2024
Goods imports
$4.27B
2024
$848M
2024
Goods exports
$767M
2024
$137M
2024
Service imports
$518M
2024
$598M
2024
Service exports
$96.6M
2024
$1.46B
2024
Imports of goods and services, % of GDP
18.8%
2024
n/a
Exports of goods and services, % of GDP
3.4%
2024
19%
2025

Economic freedom indices

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

Haiti Saint Lucia
Economic freedom 46.1 67.5
Economic freedom ranking 178/197 57/197
Property rights 6.6 64.3
Government integrity 13 59.7
Judicial effectiveness 17.3 77.3
Tax burden 81.7 77.7
Government spending 98.7 82.6
Fiscal health 99.5 80
Business freedom 30.7 71.9
Labor freedom 54.7 65.2
Monetary freedom 45.1 81
Trade freedom 66.4 60
Investment freedom 20 50
Financial freedom 20 40

Economic freedom comparison by year

Haiti
Saint Lucia
1x
Year Economic freedom index
Haiti Saint Lucia
2026 46.1 67.5
2025 46.1 67
2024 48.2 62.2
2023 49.9 60.7
2022 50 64.3
2021 50.8 67.5
2020 52.3 68.2
2019 52.7 68.7
2018 55.8 67.6
2017 49.6 65
2016 51.3 70
2015 51.3 70.2
2014 48.9 70.7
2013 48.1 70.4
2012 50.7 71.3
2011 52.1 70.8
2010 50.8 70.5
2009 50.5 68.8
2008 49 -
2007 51.4 -
2006 49.2 -
2005 48.4 -
2004 51.2 -
2003 50.6 -
2002 47.9 -
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 2026-03-09).

GeoRank.org/economy/haiti/saint-lucia | CC BY

The Economic Freedom Index for Haiti is 46.1, ranking 178/197, compared to 67.5 for Saint Lucia, ranking 57/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Haiti Saint Lucia
Services, % of GDP
48.3%
2024
75.9%
2024
Industry, % of GDP
33.4%
2024
9.75%
2024
Agriculture, forestry, and fishing, % of GDP
15.9%
2024
1.13%
2024
GNI, Atlas method
$20.7B
2024
$2.27B
2024
GNI per capita, PPP
$3,190
2024
$24,840
2024
Total reserves including gold
$2.72B
2024
$406M
2024
Total reserves ranking
121/177
2024
162/177
2024
Net foreign direct investment
-$20M
2024
-$187M
2024
Net inflows of foreign direct investment
$20M
2024
$187M
2024
Net outflows of foreign direct investment
$0
2024
-$350K
2024
Servicing debt to the IMF, % of GNI
2.15%
2024
3.42%
2024
Poverty at national poverty lines
58.5%
2012
25%
2016
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/saint-lucia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, 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. TradeMap (2017–2020, retrieved 2026-02-08)
  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.