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Economy of Haiti vs Trinidad and Tobago compared: GDP & Debt

Updated on by Georank

Haiti has a GDP of $32.1B compared to $25.9B for Trinidad and Tobago, ranking 112/197 and 122/197 by economy size, respectively.

Haiti has $3.95B in government debt (12.3% of GDP), compared to $21.8B (84.2% of GDP) in Trinidad and Tobago.

Haiti vs Trinidad and Tobago GDP by year

Haiti
Trinidad and Tobago
1x
Year GDP, current $
Haiti Trinidad
2025 $32,077,278,409 $25,942,749,718
2024 $24,255,657,481 $25,633,544,529
2023 $19,572,288,894 $25,036,993,423
2022 $20,113,007,126 $28,341,164,301
2021 $20,754,978,152 $24,222,963,263
2020 $14,508,222,518 $20,888,515,184
2019 $15,016,090,930 $23,477,745,792
2018 $16,403,864,618 $23,883,058,083
2017 $15,093,357,161 $23,830,750,901
2016 $14,069,277,526 $23,624,322,193
2015 $14,849,629,309 $26,841,141,793
2014 $15,146,883,498 $29,474,180,005
2013 $14,902,488,604 $28,560,537,057
2012 $13,708,925,477 $27,147,349,937
2011 $13,008,746,039 $25,433,007,437
2010 $11,859,312,725 $22,157,920,592
2009 $11,597,002,835 $19,172,165,226
2008 $10,432,962,635 $27,871,587,350
2007 $9,228,637,768 $21,641,620,050
2006 $7,638,739,123 $18,369,361,094
2005 $7,030,149,730 $15,982,389,018
2004 $6,087,360,684 $13,280,291,990
2003 $5,071,947,798 $11,305,459,802
2002 $6,205,847,214 $9,008,298,229
2001 $6,331,970,324 $8,824,849,191
2000 $6,813,566,099 $8,154,342,116
1999 $4,153,725,884 $6,808,982,521
1998 $3,723,903,724 $6,043,686,654
1997 $3,338,949,152 $5,737,771,523
1996 $2,907,517,604 $5,759,570,336
1995 $2,813,313,279 $5,329,217,747
1994 $2,167,569,046 $4,947,181,646
1993 $1,878,253,767 $4,669,491,134
1992 $2,257,129,792 $5,439,552,941
1991 $3,473,562,628 $5,307,905,882
1990 $3,096,289,800 $5,068,000,000
1989 $2,736,243,800 $4,323,058,824
1988 $2,613,926,800 $4,496,910,569
1987 $2,047,200,000 $4,797,777,778
1986 $2,318,000,000 $4,794,444,444
1985 $2,009,400,000 $7,375,918,367
1984 $1,816,200,000 $7,757,083,333
1983 $1,623,600,000 $7,763,750,000
1982 $1,474,200,000 $8,140,416,667
1981 $1,479,400,000 $6,992,083,333
1980 $1,383,800,000 $6,235,833,333
1979 $1,080,600,000 $4,602,416,625
1978 $974,200,000 $3,562,333,458
1977 $947,000,000 $3,138,666,667
1976 $879,000,000 $2,500,424,955
1975 $681,400,000 $2,442,669,825
1974 $565,399,322 $2,042,001,071
1973 $466,798,973 $1,308,785,431
1972 $371,998,958 $1,083,391,758
1971 $362,800,000 $896,765,215
1970 $331,200,000 $821,850,000
1969 $391,820,400 $779,200,000
1968 $367,968,800 $758,899,950
1967 $369,124,200 $761,981,912
1966 $368,948,600 $723,739,857
1965 $353,251,800 $736,573,159
1964 $325,281,200 $711,897,520
1963 $294,883,400 $678,239,329
1962 $281,896,800 $619,322,810
1961 $271,066,000 $584,964,621
1960 $273,187,200 $535,673,252

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

GeoRank.org/economy/haiti/trinidad-and-tobago | CC BY

GDP per capita in Haiti vs Trinidad and Tobago by year

Haiti
GDP per capita

GDP per capita, PPP
Trinidad and Tobago
GDP per capita

GDP per capita, PPP
1x
Year Current $
Haiti Trinidad
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,694 - $18,967 -
2024 $2,060 $3,194 $18,733 $36,329
2023 $1,682 $3,292 $18,308 $34,623
2022 $1,748 $3,275 $20,751 $32,979
2021 $1,825 $3,145 $17,713 $30,482
2020 $1,290 $3,103 $15,284 $26,731
2019 $1,352 $3,237 $17,213 $29,316
2018 $1,496 $3,197 $17,571 $28,673
2017 $1,395 $3,339 $17,566 $28,484
2016 $1,318 $3,253 $17,449 $28,232
2015 $1,411 $3,026 $19,887 $29,825
2014 $1,460 $3,076 $21,908 $32,027
2013 $1,458 $3,042 $21,305 $31,746
2012 $1,361 $2,830 $20,332 $31,883
2011 $1,312 $2,858 $19,151 $31,078
2010 $1,210 $2,695 $16,815 $30,778
2009 $1,197 $2,855 $14,634 $29,602
2008 $1,095 $2,724 $21,299 $30,807
2007 $985 $2,647 $16,607 $29,355
2006 $829 $2,504 $14,153 $27,393
2005 $776 $2,427 $12,346 $23,536
2004 $683 $2,322 $9,871 $20,674
2003 $579 $2,331 $8,445 $18,743
2002 $721 $2,248 $6,763 $16,141
2001 $749 $2,230 $6,657 $14,797
2000 $821 $2,229 $6,179 $13,953
1999 $510 $2,201 $5,179 $12,812
1998 $465 $2,152 $4,613 $11,735
1997 $425 $2,122 $4,394 $10,769
1996 $377 $2,070 $4,427 $9,883
1995 $372 $1,989 $4,115 $9,099
1994 $292.1 $1,807 $3,840 $8,631
1993 $258.1 $2,048 $3,647 $8,209
1992 $316 $2,158 $4,277 $8,129
1991 $497 $2,273 $4,205 $7,274
1990 $452 $2,202 $4,047 $6,878
1989 $407 - $3,482 -
1988 $397 - $3,656 -
1987 $318 - $3,941 -
1986 $367 - $3,985 -
1985 $325 - $6,212 -
1984 $299.2 - $6,613 -
1983 $272.8 - $6,690 -
1982 $252.6 - $7,091 -
1981 $258.5 - $6,160 -
1980 $246.5 - $5,559 -
1979 $196.2 - $4,155 -
1978 $180.3 - $3,258 -
1977 $178.7 - $2,907 -
1976 $169.1 - $2,345 -
1975 $133.6 - $2,319 -
1974 $113 - $1,962 -
1973 $95.1 - $1,273 -
1972 $77.3 - $1,067 -
1971 $76.8 - $894 -
1970 $71.5 - $829 -
1969 $86.1 - $795 -
1968 $82.4 - $783 -
1967 $84.2 - $797 -
1966 $85.7 - $768 -
1965 $83.6 - $793 -
1964 $78.5 - $780 -
1963 $72.4 - $756 -
1962 $70.4 - $704 -
1961 $69 - $678 -
1960 $70.8 - $634 -

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

GeoRank.org/economy/haiti/trinidad-and-tobago | CC BY

Haiti's GDP per capita is $2,694, ranking 150/197, compared to $18,967 in Trinidad and Tobago, ranking 65/197. Adjusted for purchasing power (GDP per capita PPP), Haiti ranks 177th at $3,194, while Trinidad and Tobago ranks 62nd at $36,329.

Economic indicators

Haiti Trinidad
Gross domestic product
$32.1B
2025
$25.9B
2025
GDP rank
112/197
2025
122/197
2025
GDP growth
-2.71%
2024-2025
-0.79%
2024-2025
GDP per capita
$2,694
2025
$18,967
2025
GDP per capita rank
150/197
2025
65/197
2025
GDP per capita, PPP
$3,194
2024
$36,329
2024
GDP per capita PPP rank
177/197
2024
62/197
2024
Government debt
$3.95B
2025
$21.8B
2025
Debt-to-GDP ratio
12.3%
2025
84.2%
2025
Government debt per person
$332
2025
$15,965
2025
Government debt per person rank
177/185
2025
43/185
2025
Average annual personal income after taxes
$2,152
2026
$10,176
2026
Market capitalization of domestic companies n/a
$3.89B
2001
Income share by richest 10%
31.2%
2012
29.9%
1992
Income share by poorest 10%
2.1%
2012
2.1%
1992
Government expenditure, % of GDP
6.19%
2025
32.4%
2025
Consumer prices inflation
28.6%
2024-2025
0.99%
2024-2025
Central bank interest rate n/a
3.5%
2020
Unemployment rate
14.1%
2012
4.01%
2024
Population
12106577
1370916

Spending and national debt comparison by year

Haiti
Spending

Debt
Trinidad and Tobago
Spending

Debt
1x
Year % of GDP
Haiti Trinidad
Government spending Government debt Government spending Government debt
2025 6.19% 12.3% 32.4% 84.2%
2024 5.25% 15.5% 32.2% 81.8%
2023 6.46% 27.8% 32.4% 78.2%
2022 8.33% 29.2% 28.3% 69.9%
2021 9.42% 28.4% 31.4% 80.2%
2020 9.86% 22.3% 35.1% 81.6%
2019 9.59% 26.5% 31% 62.9%
2018 11.3% 24.1% 30.2% 58.1%
2017 10.2% 22.5% 30.9% 57.2%
2016 10.5% 24.4% 31.2% 53.3%
2015 12.7% 23.9% 34.1% 43.2%
2014 14.6% 21.4% 33% 37.1%
2013 15.9% 25.1% 31.7% 32.9%
2012 16.4% 24.1% 29.9% 32.9%
2011 14.1% 22.3% 30.4% 39.2%
2010 12.6% 24.9% 31.5% 28.9%
2009 11.6% 19.4% 33.4% 34.2%
2008 11.2% 33.9% 28.2% 24.6%
2007 11.1% 24.4% 26.8% 29.4%
2006 9.67% 32.2% 34.6% 32.7%
2005 8.75% 29.7% 29.5% 36.6%
2004 7.38% 30.4% 23.3% 43.3%
2003 7.83% 37.8% 23.5% 52.4%
2002 6.64% 32% 24.6% 58.2%
2001 6.11% 28.8% 25.2% 54.2%
2000 6.25% 32.5% 24.1% 52.3%
1999 6.91% 24.1% 24.8% 55.2%
1998 5.4% 24% 27.3% 47.4%
1997 5.46% 26.2% 27.4% 51.3%
1996 - 26.2% 28.2% 51.9%
1995 - 26.2% 26.7% 57.3%
1994 - 35.3% 26.5% 64.8%
1993 - 98% 27.3% 59.6%
1992 - 118.9% 28.8% 49.5%
1991 - 80.7% 30% 50%
1990 - 85.1% 27.9% 49.5%
1989 - 98.7% 30.9% 51.9%
1988 - 90.9% 45.3% 65.3%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-07-08).

GeoRank.org/economy/haiti/trinidad-and-tobago | CC BY

In 2025, Haiti's government spending was $1.99B, accounting for 6.19% of its GDP, while Trinidad and Tobago spent $8.39B, or 32.4% of GDP.

Debt-to-GDP ratio is 12.3% in Haiti and 84.2% in Trinidad and Tobago, ranking 179/185 and 37/185, respectively.

Government deficit by year

Deficit/surplus
Haiti

Trinidad and Tobago
1x
Year Deficit/surplus, % of GDP
Haiti Trinidad
2025 -0.22% -5.46%
2024 6.96% -5.92%
2023 0.77% -1.2%
2022 -1.75% 0.96%
2021 -2.45% -8.39%
2020 -1.96% -11.8%
2019 -1.99% -3.72%
2018 -1.13% -5.89%
2017 -0.32% -10.5%
2016 0.12% -9.84%
2015 -1.47% -7.37%
2014 -3.64% -4.34%
2013 -3.98% -2.7%
2012 -2.71% -1.28%
2011 -1.43% -0.69%
2010 -1.5% 0.14%
2009 -2% -4.88%
2008 -1.8% 5.7%
2007 -1.55% 3.24%
2006 -0.91% -0.3%
2005 -0.83% 0.84%
2004 -1.34% 1.91%
2003 -2.24% 1.9%
2002 -1.8% -0.2%
2001 -1.55% 0.62%
2000 -1.36% 0.18%
1999 -1.54% -0.9%
1998 0.21% -1.83%
1997 0.37% 0.11%
1996 - -0.46%
1995 - 0.17%
1994 - -0.02%
1993 - 0.24%
1992 - -2.76%
1991 - -0.21%
1990 - -1.32%
1989 - -4.46%
1988 - -9.34%
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1989, retrieved 2026-07-08).

GeoRank.org/economy/haiti/trinidad-and-tobago | 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 Trinidad and Tobago's deficit of $1.42B, or 5.46% of GDP.

Over the past 38 years, Haiti recorded a fiscal deficit in 24 of those years, while Trinidad and Tobago ran a deficit in 26 years. On average, Haiti posted an annual deficit equal to 1.14% of GDP, compared to deficit of 2.36% of GDP for Trinidad and Tobago.

Inflation comparison by year

Inflation
Haiti

Trinidad and Tobago
1x
Year Consumer prices inflation
Haiti Trinidad
2025 28.6% 0.99%
2024 26.9% 0.53%
2023 36.8% 4.63%
2022 34% 5.83%
2021 16.8% 2.06%
2020 22.8% 0.6%
2019 18.7% 1%
2018 12.5% 1.02%
2017 10.7% 1.88%
2016 11.5% 3.07%
2015 6.73% 4.66%
2014 3.44% 5.68%
2013 4.77% 5.2%
2012 5.02% 9.26%
2011 6.33% 5.11%
2010 4.83% 10.5%
2009 0.39% 6.98%
2008 15.3% 12%
2007 6.56% 7.89%
2006 11.3% 8.33%
2005 14% 6.87%
2004 21% 3.72%
2003 28.7% 3.81%
2002 7.03% 4.15%
2001 13.3% 5.54%
2000 9.33% 3.56%
1999 3% 3.44%
1998 5.27% 5.61%
1997 20.6% 3.63%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/haiti/trinidad-and-tobago | CC BY

Over the past 29 years, Haiti has recorded an average annual inflation rate of 14%, compared with 4.75% in Trinidad and Tobago. In 2025, inflation was 28.6% in Haiti and 0.99% in Trinidad and Tobago.

Top exports between countries

Haiti
Export category Export value
Machinery & equipment $28K
Chemicals & pharma $3K
Metals $3K
Raw agricultural goods $2K
Raw materials & minerals $2K
Trinidad
Export category Export value
Chemicals & pharma $1.31M
Textiles & consumer goods $694K
Raw materials & minerals $303K
Wood & paper products $228K
Processed food, beverages & tobacco $90K
Machinery & equipment $9K
Miscellaneous $1K

Balance of trade

Haiti Trinidad
Current account balance
-$145M
2024
$1.25B
2025
Current account balance ranking
85/190
2024
48/190
2025
Current account balance, % of GDP
-0.6%
2024
+4.81%
2025
Goods imports
$4.27B
2024
$6.83B
2025
Goods exports
$767M
2024
$10.2B
2025
Service imports
$518M
2024
$2.8B
2025
Service exports
$96.6M
2024
$1.27B
2025
Imports of goods and services, % of GDP
14.3%
2025
n/a
Exports of goods and services, % of GDP
1.56%
2025
45%
2026

Economic freedom indices

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

Haiti Trinidad
Economic freedom 46.1 62.4
Economic freedom ranking 178/197 87/197
Property rights 6.6 47.3
Government integrity 13 45.5
Judicial effectiveness 17.3 58.8
Tax burden 81.7 76.1
Government spending 98.7 71.1
Fiscal health 99.5 86.3
Business freedom 30.7 67.1
Labor freedom 54.7 57.2
Monetary freedom 45.1 81
Trade freedom 66.4 68.8
Investment freedom 20 50
Financial freedom 20 40

Economic freedom comparison by year

Haiti
Trinidad and Tobago
1x
Year Economic freedom index
Haiti Trinidad
2026 46.1 62.4
2025 46.1 63.6
2024 48.2 60.4
2023 49.9 59.5
2022 50 58.8
2021 50.8 59
2020 52.3 58.3
2019 52.7 57
2018 55.8 57.7
2017 49.6 61.2
2016 51.3 62.9
2015 51.3 64.1
2014 48.9 62.7
2013 48.1 62.3
2012 50.7 64.4
2011 52.1 66.5
2010 50.8 65.7
2009 50.5 68
2008 49 69.5
2007 51.4 70.6
2006 49.2 70.4
2005 48.4 71.5
2004 51.2 71.3
2003 50.6 68.8
2002 47.9 70.1
2001 47.1 71.8
2000 45.7 74.5
1999 45.9 72.4
1998 45.7 72
1997 45.8 71.3
1996 41 69.2
1995 43 -

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

GeoRank.org/economy/haiti/trinidad-and-tobago | CC BY

The Economic Freedom Index for Haiti is 46.1, ranking 178/197, compared to 62.4 for Trinidad and Tobago, ranking 87/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Haiti Trinidad
Services, % of GDP
54.2%
2025
59.2%
2024
Industry, % of GDP
27.5%
2025
34.6%
2024
Agriculture, forestry, and fishing, % of GDP
15.8%
2025
0.78%
2024
GNI, Atlas method
$23.9B
2025
$25.4B
2025
GNI per capita, PPP
$3,130
2025
$36,080
2025
Total reserves including gold
$3.39B
2025
$5.6B
2024
Total reserves ranking
118/177
2025
99/177
2024
Net foreign direct investment
-$20M
2024
$404M
2025
Net inflows of foreign direct investment
$20M
2024
-$453M
2024
Net outflows of foreign direct investment
$0
2024
$527M
2024
Servicing debt to the IMF, % of GNI
2.24%
2024
n/a
Poverty at national poverty lines
58.5%
2012
20%
2020
Gross capital formation, % of GDP
12.1%
2025
19%
2023

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/trinidad-and-tobago | 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 (1990–2025, 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. TradeMap (2017–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.