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Economy of Haiti vs Vanuatu compared: GDP & Debt

Updated on by Georank

Haiti has a GDP of $32.1B compared to $1.35B for Vanuatu, ranking 112/197 and 185/197 by economy size, respectively.

Haiti has $3.95B in government debt (12.3% of GDP), compared to $554M (40.9% of GDP) in Vanuatu.

Haiti vs Vanuatu GDP by year

Haiti
Vanuatu
1x
Year GDP, current $
Haiti Vanuatu
2025 $32,077,278,409 $1,353,658,841
2024 $24,255,657,481 $1,297,956,615
2023 $19,572,288,894 $1,188,137,265
2022 $20,113,007,126 $1,151,863,790
2021 $20,754,978,152 $1,093,826,089
2020 $14,508,222,518 $1,017,403,363
2019 $15,016,090,930 $1,061,547,513
2018 $16,403,864,618 $1,034,402,941
2017 $15,093,357,161 $998,536,155
2016 $14,069,277,526 $908,725,513
2015 $14,849,629,309 $855,360,240
2014 $15,146,883,498 $879,185,478
2013 $14,902,488,604 $863,347,172
2012 $13,708,925,477 $747,839,698
2011 $13,008,746,039 $770,153,588
2010 $11,859,312,725 $670,712,980
2009 $11,597,002,835 $592,622,319
2008 $10,432,962,635 $590,748,429
2007 $9,228,637,768 $516,392,923
2006 $7,638,739,123 $439,358,587
2005 $7,030,149,730 $394,962,433
2004 $6,087,360,684 $364,996,869
2003 $5,071,947,798 $314,471,413
2002 $6,205,847,214 $262,596,536
2001 $6,331,970,324 $257,926,882
2000 $6,813,566,099 $272,014,628
1999 $4,153,725,884 $268,006,973
1998 $3,723,903,724 $262,293,411
1997 $3,338,949,152 $272,771,209
1996 $2,907,517,604 $261,370,044
1995 $2,813,313,279 $249,333,250
1994 $2,167,569,046 $233,701,301
1993 $1,878,253,767 $200,491,853
1992 $2,257,129,792 $209,088,825
1991 $3,473,562,628 $201,334,169
1990 $3,096,289,800 $168,879,207
1989 $2,736,243,800 $154,013,202
1988 $2,613,926,800 $158,351,368
1987 $2,047,200,000 $139,464,174
1986 $2,318,000,000 $126,498,935
1985 $2,009,400,000 $131,856,421
1984 $1,816,200,000 $144,482,515
1983 $1,623,600,000 $117,389,554
1982 $1,474,200,000 $114,501,913
1981 $1,479,400,000 $113,781,796
1980 $1,383,800,000 $121,185,498
1979 $1,080,600,000 $119,258,835
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/vanuatu | CC BY

GDP per capita in Haiti vs Vanuatu by year

Haiti
GDP per capita

GDP per capita, PPP
Vanuatu
GDP per capita

GDP per capita, PPP
1x
Year Current $
Haiti Vanuatu
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,694 - $4,039 -
2024 $2,060 $3,194 $3,960 $3,606
2023 $1,682 $3,292 $3,708 $3,568
2022 $1,748 $3,275 $3,680 $3,453
2021 $1,825 $3,145 $3,576 $3,136
2020 $1,290 $3,103 $3,404 $3,118
2019 $1,352 $3,237 $3,636 $3,315
2018 $1,496 $3,197 $3,626 $3,233
2017 $1,395 $3,339 $3,585 $3,146
2016 $1,318 $3,253 $3,340 $3,030
2015 $1,411 $3,026 $3,214 $2,966
2014 $1,460 $3,076 $3,378 $2,890
2013 $1,458 $3,042 $3,393 $2,832
2012 $1,361 $2,830 $3,005 $2,834
2011 $1,312 $2,858 $3,163 $2,816
2010 $1,210 $2,695 $2,815 $2,733
2009 $1,197 $2,855 $2,546 $2,730
2008 $1,095 $2,724 $2,604 $2,701
2007 $985 $2,647 $2,334 $2,573
2006 $829 $2,504 $2,035 $2,496
2005 $776 $2,427 $1,874 $2,287
2004 $683 $2,322 $1,774 $2,157
2003 $579 $2,331 $1,567 $2,070
2002 $721 $2,248 $1,341 $1,995
2001 $749 $2,230 $1,350 $2,125
2000 $821 $2,229 $1,460 $2,206
1999 $510 $2,201 $1,472 $2,084
1998 $465 $2,152 $1,471 $2,091
1997 $425 $2,122 $1,562 $2,087
1996 $377 $2,070 $1,529 $1,998
1995 $372 $1,989 $1,492 $1,961
1994 $292.1 $1,807 $1,431 $1,946
1993 $258.1 $2,048 $1,257 $1,789
1992 $316 $2,158 $1,344 $1,777
1991 $497 $2,273 $1,326 $1,737
1990 $452 $2,202 $1,141 $1,670
1989 $407 - $1,067 -
1988 $397 - $1,125 -
1987 $318 - $1,017 -
1986 $367 - $946 -
1985 $325 - $1,012 -
1984 $299.2 - $1,137 -
1983 $272.8 - $947 -
1982 $252.6 - $946 -
1981 $258.5 - $962 -
1980 $246.5 - $1,048 -
1979 $196.2 - $1,055 -
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/vanuatu | CC BY

Haiti's GDP per capita is $2,694, ranking 150/197, compared to $4,039 in Vanuatu, ranking 133/197. Adjusted for purchasing power (GDP per capita PPP), Haiti ranks 177th at $3,194, while Vanuatu ranks 170th at $3,606.

Economic indicators

Haiti Vanuatu
Gross domestic product
$32.1B
2025
$1.35B
2025
GDP rank
112/197
2025
185/197
2025
GDP growth
-2.71%
2024-2025
3.05%
2024-2025
GDP per capita
$2,694
2025
$4,039
2025
GDP per capita rank
150/197
2025
133/197
2025
GDP per capita, PPP
$3,194
2024
$3,606
2024
GDP per capita PPP rank
177/197
2024
170/197
2024
Government debt
$3.95B
2025
$554M
2025
Debt-to-GDP ratio
12.3%
2025
40.9%
2025
Government debt per person
$332
2025
$1,654
2025
Government debt per person rank
177/185
2025
125/185
2025
Average annual personal income after taxes
$2,152
2026
$2,801
2026
Income share by richest 10%
31.2%
2012
24.7%
2019
Income share by poorest 10%
2.1%
2012
3%
2019
Government expenditure, % of GDP
6.19%
2025
35.5%
2025
Consumer prices inflation
28.6%
2024-2025
0.66%
2024-2025
Unemployment rate
14.1%
2012
1.41%
2025
Population
12106577
346488

Spending and national debt comparison by year

Haiti
Spending

Debt
Vanuatu
Spending

Debt
1x
Year % of GDP
Haiti Vanuatu
Government spending Government debt Government spending Government debt
2025 6.19% 12.3% 35.5% 40.9%
2024 5.25% 15.5% 33.1% 39.1%
2023 6.46% 27.8% 38.9% 39.2%
2022 8.33% 29.2% 38.5% 39.2%
2021 9.42% 28.4% 38.6% 42.2%
2020 9.86% 22.3% 38.8% 42.9%
2019 9.59% 26.5% 35.1% 39.8%
2018 11.3% 24.1% 29.4% 40%
2017 10.2% 22.5% 32.7% 46.4%
2016 10.5% 24.4% 31.2% 37.6%
2015 12.7% 23.9% 38.1% 32.2%
2014 14.6% 21.4% 20.5% 17.8%
2013 15.9% 25.1% 20.1% 16.4%
2012 16.4% 24.1% 22.1% 17.4%
2011 14.1% 22.3% 22.7% 19.3%
2010 12.6% 24.9% 25.6% 18.3%
2009 11.6% 19.4% 24.9% 19.1%
2008 11.2% 33.9% 25.1% 19.2%
2007 11.1% 24.4% 20.3% 17.6%
2006 9.67% 32.2% 18.2% 20%
2005 8.75% 29.7% 16.5% 23.8%
2004 7.38% 30.4% 16.7% 27.5%
2003 7.83% 37.8% 17% 34.6%
2002 6.64% 32% 20.2% 35.1%
2001 6.11% 28.8% 20.2% 33.5%
2000 6.25% 32.5% 23% 32.6%
1999 6.91% 24.1% 21.6% 27.7%
1998 5.4% 24% 25.2% 25.4%
1997 5.46% 26.2% 20.1% 20.7%
1996 - 26.2% 22.1% 20.8%
1995 - 26.2% 25.3% 21.8%
1994 - 35.3% 22% 19.5%
1993 - 98% 23.7% 18.3%
1992 - 118.9% 28.8% 19%
1991 - 80.7% 30% 14.4%
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 (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-07-08).

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

In 2025, Haiti's government spending was $1.99B, accounting for 6.19% of its GDP, while Vanuatu spent $480M, or 35.5% of GDP.

Debt-to-GDP ratio is 12.3% in Haiti and 40.9% in Vanuatu, ranking 179/185 and 131/185, respectively.

Government deficit by year

Deficit/surplus
Haiti

Vanuatu
1x
Year Deficit/surplus, % of GDP
Haiti Vanuatu
2025 -0.22% -3.88%
2024 6.96% -2.46%
2023 0.77% -0.78%
2022 -1.75% -5.96%
2021 -2.45% 2.07%
2020 -1.96% -1.74%
2019 -1.99% 2.48%
2018 -1.13% 5.53%
2017 -0.32% -1.06%
2016 0.12% -0.64%
2015 -1.47% -8.13%
2014 -3.64% 1.26%
2013 -3.98% -0.22%
2012 -2.71% -1.54%
2011 -1.43% -1.98%
2010 -1.5% -2.38%
2009 -2% -0.76%
2008 -1.8% -0.04%
2007 -1.55% 0.25%
2006 -0.91% 0.44%
2005 -0.83% 1.68%
2004 -1.34% 0.72%
2003 -2.24% -1.22%
2002 -1.8% -3.29%
2001 -1.55% -3.01%
2000 -1.36% -5.67%
1999 -1.54% -0.5%
1998 0.21% -6.01%
1997 0.37% -0.46%
1996 - -1.61%
1995 - -2.34%
1994 - -1.35%
1993 - -3.32%
1992 - -2.1%
1991 - -2.54%
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 (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1987, retrieved 2026-07-08).

GeoRank.org/economy/haiti/vanuatu | 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 Vanuatu's deficit of $52.6M, or 3.88% of GDP.

Over the past 35 years, Haiti recorded a fiscal deficit in 24 of those years, while Vanuatu ran a deficit in 27 years. On average, Haiti posted an annual deficit equal to 1.14% of GDP, compared to deficit of 1.44% of GDP for Vanuatu.

Inflation comparison by year

Inflation
Haiti

Vanuatu
1x
Year Consumer prices inflation
Haiti Vanuatu
2025 28.6% 0.66%
2024 26.9% 1.14%
2023 36.8% 11.2%
2022 34% 6.68%
2021 16.8% 2.34%
2020 22.8% 5.33%
2019 18.7% 2.76%
2018 12.5% 2.33%
2017 10.7% 3.08%
2016 11.5% 0.84%
2015 6.73% 2.48%
2014 3.44% 0.8%
2013 4.77% 1.46%
2012 5.02% 1.35%
2011 6.33% 0.87%
2010 4.83% 2.76%
2009 0.39% 4.3%
2008 15.3% 4.84%
2007 6.56% 3.94%
2006 11.3% 2.04%
2005 14% 1.2%
2004 21% 1.42%
2003 28.7% 3.02%
2002 7.03% 1.96%
2001 13.3% 3.58%
2000 9.33% 2.54%
1999 3% 2%
1998 5.27% 3.28%
1997 20.6% 2.83%

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

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

Over the past 29 years, Haiti has recorded an average annual inflation rate of 14%, compared with 2.86% in Vanuatu. In 2025, inflation was 28.6% in Haiti and 0.66% in Vanuatu.

Balance of trade

Haiti Vanuatu
Current account balance
-$145M
2024
-$127M
2022
Current account balance ranking
85/190
2024
83/190
2022
Current account balance, % of GDP
-0.6%
2024
-11.1%
2022
Goods imports
$4.27B
2024
$350M
2022
Goods exports
$767M
2024
$73.6M
2022
Service imports
$518M
2024
$230M
2022
Service exports
$96.6M
2024
$78.5M
2022
Imports of goods and services, % of GDP
14.3%
2025
48%
2024
Exports of goods and services, % of GDP
1.56%
2025
25.3%
2024

Economic freedom indices

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

Haiti Vanuatu
Economic freedom 46.1 61.1
Economic freedom ranking 178/197 92/197
Property rights 6.6 62.1
Government integrity 13 48.3
Judicial effectiveness 17.3 67.9
Tax burden 81.7 96.9
Government spending 98.7 48.1
Fiscal health 99.5 78.8
Business freedom 30.7 50.3
Labor freedom 54.7 41
Monetary freedom 45.1 72.1
Trade freedom 66.4 62
Investment freedom 20 65
Financial freedom 20 40

Economic freedom comparison by year

Haiti
Vanuatu
1x
Year Economic freedom index
Haiti Vanuatu
2026 46.1 61.1
2025 46.1 61.8
2024 48.2 62.2
2023 49.9 62.1
2022 50 62.9
2021 50.8 60.5
2020 52.3 60.7
2019 52.7 56.4
2018 55.8 69.5
2017 49.6 67.4
2016 51.3 60.8
2015 51.3 61.1
2014 48.9 59.5
2013 48.1 56.6
2012 50.7 56.6
2011 52.1 56.7
2010 50.8 56.4
2009 50.5 58.4
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 2026-07-08).

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

The Economic Freedom Index for Haiti is 46.1, ranking 178/197, compared to 61.1 for Vanuatu, ranking 92/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Haiti Vanuatu
Services, % of GDP
54.2%
2025
56.8%
2024
Industry, % of GDP
27.5%
2025
10.1%
2024
Agriculture, forestry, and fishing, % of GDP
15.8%
2025
26.6%
2024
GNI, Atlas method
$23.9B
2025
$1.48B
2025
GNI per capita, PPP
$3,130
2025
$4,970
2025
Total reserves including gold
$3.39B
2025
$615M
2024
Total reserves ranking
118/177
2025
152/177
2024
Net foreign direct investment
-$20M
2024
-$9.21M
2022
Net inflows of foreign direct investment
$20M
2024
$28.9M
2024
Net outflows of foreign direct investment
$0
2024
$2.79M
2024
Servicing debt to the IMF, % of GNI
2.24%
2024
1.88%
2024
Poverty at national poverty lines
58.5%
2012
15.9%
2020
Gross capital formation, % of GDP
12.1%
2025
26.1%
2024

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/vanuatu | 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 (1991–2025, 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.