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Economy of Haiti vs Sierra Leone compared: GDP & Debt

Updated on by Georank

Haiti has a GDP of $32.1B compared to $7.46B for Sierra Leone, ranking 112/197 and 160/197 by economy size, respectively.

Haiti has $3.95B in government debt (12.3% of GDP), compared to $3.38B (45.2% of GDP) in Sierra Leone.

Haiti vs Sierra Leone GDP by year

Haiti
Sierra Leone
1x
Year GDP, current $
Haiti Sierra Leone
2025 $32,077,278,409 $7,464,157,904
2024 $24,255,657,481 $6,971,127,234
2023 $19,572,288,894 $6,415,852,766
2022 $20,113,007,126 $7,121,125,277
2021 $20,754,978,152 $7,166,931,483
2020 $14,508,222,518 $6,688,307,706
2019 $15,016,090,930 $6,523,577,590
2018 $16,403,864,618 $6,390,514,689
2017 $15,093,357,161 $5,749,846,528
2016 $14,069,277,526 $6,084,297,211
2015 $14,849,629,309 $6,788,352,975
2014 $15,146,883,498 $7,686,138,791
2013 $14,902,488,604 $7,502,762,863
2012 $13,708,925,477 $6,141,666,509
2011 $13,008,746,039 $4,861,632,885
2010 $11,859,312,725 $4,262,805,967
2009 $11,597,002,835 $3,953,403,098
2008 $10,432,962,635 $4,157,895,298
2007 $9,228,637,768 $3,632,957,611
2006 $7,638,739,123 $3,263,697,467
2005 $7,030,149,730 $2,545,275,313
2004 $6,087,360,684 $2,237,350,687
2003 $5,071,947,798 $2,142,618,046
2002 $6,205,847,214 $1,933,863,911
2001 $6,331,970,324 $1,681,473,894
2000 $6,813,566,099 $635,866,404
1999 $4,153,725,884 $669,386,624
1998 $3,723,903,724 $672,368,187
1997 $3,338,949,152 $850,232,760
1996 $2,907,517,604 $941,709,423
1995 $2,813,313,279 $870,740,292
1994 $2,167,569,046 $911,853,802
1993 $1,878,253,767 $768,867,883
1992 $2,257,129,792 $679,940,814
1991 $3,473,562,628 $779,981,987
1990 $3,096,289,800 $649,644,098
1989 $2,736,243,800 $932,974,420
1988 $2,613,926,800 $1,055,083,933
1987 $2,047,200,000 $660,106,336
1986 $2,318,000,000 $490,181,457
1985 $2,009,400,000 $856,890,459
1984 $1,816,200,000 $1,087,471,862
1983 $1,623,600,000 $995,104,305
1982 $1,474,200,000 $1,295,361,886
1981 $1,479,400,000 $1,114,830,472
1980 $1,383,800,000 $1,100,685,845
1979 $1,080,600,000 $1,109,374,911
1978 $974,200,000 $960,728,339
1977 $947,000,000 $691,777,584
1976 $879,000,000 $594,895,942
1975 $681,400,000 $679,336,344
1974 $565,399,322 $648,590,643
1973 $466,798,973 $575,230,724
1972 $371,998,958 $465,381,340
1971 $362,800,000 $419,549,305
1970 $331,200,000 $434,410,974
1969 $391,820,400 $408,690,163
1968 $367,968,800 $329,859,732
1967 $369,124,200 $348,795,303
1966 $368,948,600 $375,479,850
1965 $353,251,800 $359,379,856
1964 $325,281,200 $371,847,461
1963 $294,883,400 $348,547,279
1962 $281,896,800 $342,721,416
1961 $271,066,000 $327,834,191
1960 $273,187,200 $322,009,962

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

GeoRank.org/economy/haiti/sierra-leone | CC BY

GDP per capita in Haiti vs Sierra Leone by year

Haiti
GDP per capita

GDP per capita, PPP
Sierra Leone
GDP per capita

GDP per capita, PPP
1x
Year Current $
Haiti Sierra Leone
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,694 - $846 -
2024 $2,060 $3,194 $807 $3,522
2023 $1,682 $3,292 $758 $3,368
2022 $1,748 $3,275 $860 $3,144
2021 $1,825 $3,145 $885 $2,849
2020 $1,290 $3,103 $845 $2,719
2019 $1,352 $3,237 $844 $2,704
2018 $1,496 $3,197 $846 $2,640
2017 $1,395 $3,339 $779 $2,501
2016 $1,318 $3,253 $844 $2,635
2015 $1,411 $3,026 $965 $2,560
2014 $1,460 $3,076 $1,118 $2,762
2013 $1,458 $3,042 $1,117 $2,701
2012 $1,361 $2,830 $938 $2,317
2011 $1,312 $2,858 $761 $2,043
2010 $1,210 $2,695 $685 $1,900
2009 $1,197 $2,855 $653 $1,814
2008 $1,095 $2,724 $705 $1,824
2007 $985 $2,647 $632 $1,770
2006 $829 $2,504 $580 $1,698
2005 $776 $2,427 $463 $1,615
2004 $683 $2,322 $418 $1,541
2003 $579 $2,331 $414 $1,458
2002 $721 $2,248 $389 $1,360
2001 $749 $2,230 $358 $1,121
2000 $821 $2,229 $143.7 $1,242
1999 $510 $2,201 $155 $1,167
1998 $465 $2,152 $156.5 $1,180
1997 $425 $2,122 $199.9 $1,157
1996 $377 $2,070 $224.3 $1,225
1995 $372 $1,989 $208.4 $1,187
1994 $292.1 $1,807 $218.5 $1,266
1993 $258.1 $2,048 $185 $1,269
1992 $316 $2,158 $163.2 $1,220
1991 $497 $2,273 $183.7 $1,445
1990 $452 $2,202 $154.8 $1,382
1989 $407 - $231.3 -
1988 $397 - $268.2 -
1987 $318 - $172.4 -
1986 $367 - $131.5 -
1985 $325 - $235.5 -
1984 $299.2 - $306 -
1983 $272.8 - $285.8 -
1982 $252.6 - $380 -
1981 $258.5 - $334 -
1980 $246.5 - $336 -
1979 $196.2 - $346 -
1978 $180.3 - $305 -
1977 $178.7 - $224.2 -
1976 $169.1 - $196.4 -
1975 $133.6 - $228.4 -
1974 $113 - $222.1 -
1973 $95.1 - $200.6 -
1972 $77.3 - $165.4 -
1971 $76.8 - $151.8 -
1970 $71.5 - $160.2 -
1969 $86.1 - $153.6 -
1968 $82.4 - $126.3 -
1967 $84.2 - $136.1 -
1966 $85.7 - $149.3 -
1965 $83.6 - $145.6 -
1964 $78.5 - $153.4 -
1963 $72.4 - $146.3 -
1962 $70.4 - $146.3 -
1961 $69 - $142.3 -
1960 $70.8 - $142 -

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

GeoRank.org/economy/haiti/sierra-leone | CC BY

Haiti's GDP per capita is $2,694, ranking 150/197, compared to $846 in Sierra Leone, ranking 186/197. Adjusted for purchasing power (GDP per capita PPP), Haiti ranks 177th at $3,194, while Sierra Leone ranks 171st at $3,522.

Economic indicators

Haiti Sierra Leone
Gross domestic product
$32.1B
2025
$7.46B
2025
GDP rank
112/197
2025
160/197
2025
GDP growth
-2.71%
2024-2025
4.61%
2024-2025
GDP per capita
$2,694
2025
$846
2025
GDP per capita rank
150/197
2025
186/197
2025
GDP per capita, PPP
$3,194
2024
$3,522
2024
GDP per capita PPP rank
177/197
2024
171/197
2024
Government debt
$3.95B
2025
$3.38B
2025
Debt-to-GDP ratio
12.3%
2025
45.2%
2025
Government debt per person
$332
2025
$383
2025
Government debt per person rank
177/185
2025
173/185
2025
Average annual personal income after taxes
$2,152
2026
$1,418
2026
Income share by richest 10%
31.2%
2012
29.4%
2018
Income share by poorest 10%
2.1%
2012
3.4%
2018
Government expenditure, % of GDP
6.19%
2025
16.5%
2025
Consumer prices inflation
28.6%
2024-2025
7.6%
2024-2025
Central bank interest rate n/a
16.8%
2025
Unemployment rate
14.1%
2012
1.65%
2018
Population
12106577
9090531

Spending and national debt comparison by year

Haiti
Spending

Debt
Sierra Leone
Spending

Debt
1x
Year % of GDP
Haiti Sierra Leone
Government spending Government debt Government spending Government debt
2025 6.19% 12.3% 16.5% 45.2%
2024 5.25% 15.5% 17.6% 46.7%
2023 6.46% 27.8% 15.4% 49.4%
2022 8.33% 29.2% 16.7% 54%
2021 9.42% 28.4% 16.8% 47.1%
2020 9.86% 22.3% 15.6% 46.4%
2019 9.59% 26.5% 13.3% 45.3%
2018 11.3% 24.1% 13.7% 44.2%
2017 10.2% 22.5% 15% 44.2%
2016 10.5% 24.4% 14.9% 38.9%
2015 12.7% 23.9% 13.1% 28.4%
2014 14.6% 21.4% 13.5% 26.8%
2013 15.9% 25.1% 11.4% 22.3%
2012 16.4% 24.1% 13.5% 24.1%
2011 14.1% 22.3% 13.2% 25.8%
2010 12.6% 24.9% 12.5% 28.9%
2009 11.6% 19.4% 11.3% 31.1%
2008 11.2% 33.9% 10.3% 46.1%
2007 11.1% 24.4% 8.1% 26.4%
2006 9.67% 32.2% 9.97% 61.9%
2005 8.75% 29.7% 10.9% 78.9%
2004 7.38% 30.4% 11.1% 93.2%
2003 7.83% 37.8% 11.7% 99.8%
2002 6.64% 32% 12.6% 99.8%
2001 6.11% 28.8% 12% 113.5%
2000 6.25% 32.5% 10.3% -
1999 6.91% 24.1% - -
1998 5.4% 24% - -
1997 5.46% 26.2% - -
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 (1960–1996, retrieved 2026-07-08).

GeoRank.org/economy/haiti/sierra-leone | CC BY

In 2025, Haiti's government spending was $1.99B, accounting for 6.19% of its GDP, while Sierra Leone spent $1.23B, or 16.5% of GDP.

Debt-to-GDP ratio is 12.3% in Haiti and 45.2% in Sierra Leone, ranking 179/185 and 115/185, respectively.

Government deficit by year

Deficit/surplus
Haiti

Sierra Leone
1x
Year Deficit/surplus, % of GDP
Haiti Sierra Leone
2025 -0.22% -4.2%
2024 6.96% -5.16%
2023 0.77% -4.99%
2022 -1.75% -5.93%
2021 -2.45% -4.35%
2020 -1.96% -3.5%
2019 -1.99% -1.95%
2018 -1.13% -3.57%
2017 -0.32% -5.61%
2016 0.12% -5.41%
2015 -1.47% -2.86%
2014 -3.64% -2.77%
2013 -3.98% -1.74%
2012 -2.71% -3.41%
2011 -1.43% -2.78%
2010 -1.5% -3.09%
2009 -2% -1.51%
2008 -1.8% -2.22%
2007 -1.55% 12.6%
2006 -0.91% -0.93%
2005 -0.83% -1.17%
2004 -1.34% -1.46%
2003 -2.24% -2.78%
2002 -1.8% -3.03%
2001 -1.55% -3.22%
2000 -1.36% -1.94%
1999 -1.54% -
1998 0.21% -
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% -
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) | Public Finances in Modern History (1924–1987, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/haiti/sierra-leone | 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 Sierra Leone's deficit of $313M, or 4.2% of GDP.

Over the past 26 years, Haiti recorded a fiscal deficit in 23 of those years, while Sierra Leone ran a deficit in 25 years. On average, Haiti posted an annual deficit equal to 1.23% of GDP, compared to deficit of 2.58% of GDP for Sierra Leone.

Inflation comparison by year

Inflation
Haiti

Sierra Leone
1x
Year Consumer prices inflation
Haiti Sierra Leone
2025 28.6% 7.6%
2024 26.9% 28.4%
2023 36.8% 47.7%
2022 34% 27.2%
2021 16.8% 11.9%
2020 22.8% 13.4%
2019 18.7% 14.8%
2018 12.5% 16%
2017 10.7% 18.2%
2016 11.5% 10.9%
2015 6.73% 6.7%
2014 3.44% 4.6%
2013 4.77% 5.5%
2012 5.02% 6.6%
2011 6.33% 6.8%
2010 4.83% 7.2%
2009 0.39% 7.5%
2008 15.3% 8.2%
2007 6.56% 17%
2006 11.3% 10.5%
2005 14% 13.7%
2004 21% 12.9%
2003 28.7% 4%
2002 7.03% 0.1%
2001 13.3% 2.6%
2000 9.33% -0.9%
1999 3% 34.1%
1998 5.27% 36%
1997 20.6% 14.6%

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/sierra-leone | CC BY

Over the past 29 years, Haiti has recorded an average annual inflation rate of 14%, compared with 13.6% in Sierra Leone. In 2025, inflation was 28.6% in Haiti and 7.6% in Sierra Leone.

Balance of trade

Haiti Sierra Leone
Current account balance
-$145M
2024
-$984M
2024
Current account balance ranking
85/190
2024
115/190
2024
Current account balance, % of GDP
-0.6%
2024
-14.1%
2024
Goods imports
$4.27B
2024
$2.4B
2024
Goods exports
$767M
2024
$1.55B
2024
Service imports
$518M
2024
$514M
2024
Service exports
$96.6M
2024
$49.6M
2024
Imports of goods and services, % of GDP
14.3%
2025
28.2%
2025
Exports of goods and services, % of GDP
1.56%
2025
20.9%
2025

Economic freedom indices

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

Haiti Sierra Leone
Economic freedom 46.1 49.6
Economic freedom ranking 178/197 165/197
Property rights 6.6 32.9
Government integrity 13 35.8
Judicial effectiveness 17.3 42
Tax burden 81.7 88.2
Government spending 98.7 92.4
Fiscal health 99.5 54.1
Business freedom 30.7 44.8
Labor freedom 54.7 38.2
Monetary freedom 45.1 53.6
Trade freedom 66.4 63.6
Investment freedom 20 30
Financial freedom 20 20

Economic freedom comparison by year

Haiti
Sierra Leone
1x
Year Economic freedom index
Haiti Sierra Leone
2026 46.1 49.6
2025 46.1 48
2024 48.2 44.6
2023 49.9 50.2
2022 50 52
2021 50.8 51.7
2020 52.3 48
2019 52.7 47.5
2018 55.8 51.8
2017 49.6 52.6
2016 51.3 52.3
2015 51.3 51.7
2014 48.9 50.5
2013 48.1 48.3
2012 50.7 49.1
2011 52.1 49.6
2010 50.8 47.9
2009 50.5 47.8
2008 49 48.3
2007 51.4 47
2006 49.2 45.2
2005 48.4 44.8
2004 51.2 43.6
2003 50.6 42.2
2002 47.9 -
2001 47.1 -
2000 45.7 44.2
1999 45.9 47.2
1998 45.7 47.7
1997 45.8 45
1996 41 52.3
1995 43 49.8

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

GeoRank.org/economy/haiti/sierra-leone | CC BY

The Economic Freedom Index for Haiti is 46.1, ranking 178/197, compared to 49.6 for Sierra Leone, ranking 165/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Haiti Sierra Leone
Services, % of GDP
54.2%
2025
41.6%
2025
Industry, % of GDP
27.5%
2025
25.7%
2025
Agriculture, forestry, and fishing, % of GDP
15.8%
2025
29.5%
2025
GNI, Atlas method
$23.9B
2025
$7.34B
2025
GNI per capita, PPP
$3,130
2025
$3,690
2025
Total reserves including gold
$3.39B
2025
$433M
2024
Total reserves ranking
118/177
2025
161/177
2024
Net foreign direct investment
-$20M
2024
-$122M
2024
Net inflows of foreign direct investment
$20M
2024
$122M
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
2.24%
2024
2.22%
2024
Poverty at national poverty lines
58.5%
2012
56.8%
2018
Gross capital formation, % of GDP
12.1%
2025
23.2%
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/sierra-leone | 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 (1924–1996, 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. 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.