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Economy of Haiti vs Vietnam compared: GDP & Debt

Updated on by Georank

Haiti has a GDP of $32.1B compared to $515B for Vietnam, ranking 112/197 and 33/197 by economy size, respectively.

Haiti has $3.95B in government debt (12.3% of GDP), compared to $156B (30.3% of GDP) in Vietnam.

Haiti vs Vietnam GDP by year

Haiti
Vietnam
1x
Year GDP, current $
Haiti Vietnam
2025 $32,077,278,409 $514,697,215,165
2024 $24,255,657,481 $476,324,572,784
2023 $19,572,288,894 $433,805,036,898
2022 $20,113,007,126 $413,445,230,669
2021 $20,754,978,152 $366,474,752,771
2020 $14,508,222,518 $346,615,738,538
2019 $15,016,090,930 $334,365,270,497
2018 $16,403,864,618 $310,106,478,395
2017 $15,093,357,161 $281,353,605,987
2016 $14,069,277,526 $257,096,001,178
2015 $14,849,629,309 $239,258,328,382
2014 $15,146,883,498 $233,451,469,643
2013 $14,902,488,604 $213,708,811,665
2012 $13,708,925,477 $195,590,661,129
2011 $13,008,746,039 $172,595,049,184
2010 $11,859,312,725 $147,201,173,197
2009 $11,597,002,835 $106,014,659,565
2008 $10,432,962,635 $99,130,304,099
2007 $9,228,637,768 $77,414,425,532
2006 $7,638,739,123 $66,371,664,817
2005 $7,030,149,730 $57,633,255,738
2004 $6,087,360,684 $45,427,854,693
2003 $5,071,947,798 $39,552,513,232
2002 $6,205,847,214 $35,064,105,501
2001 $6,331,970,324 $32,685,198,809
2000 $6,813,566,099 $31,172,518,403
1999 $4,153,725,884 $28,683,659,007
1998 $3,723,903,724 $27,209,602,050
1997 $3,338,949,152 $26,843,700,442
1996 $2,907,517,604 $24,657,470,575
1995 $2,813,313,279 $20,736,164,459
1994 $2,167,569,046 $16,286,433,533
1993 $1,878,253,767 $13,180,953,598
1992 $2,257,129,792 $9,866,990,236
1991 $3,473,562,628 $9,613,369,520
1990 $3,096,289,800 $6,471,740,806
1989 $2,736,243,800 $6,293,304,975
1988 $2,613,926,800 $25,423,812,649
1987 $2,047,200,000 $36,658,108,850
1986 $2,318,000,000 $26,336,616,250
1985 $2,009,400,000 $14,094,687,821
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/vietnam | CC BY

GDP per capita in Haiti vs Vietnam by year

Haiti
GDP per capita

GDP per capita, PPP
Vietnam
GDP per capita

GDP per capita, PPP
1x
Year Current $
Haiti Vietnam
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,694 - $5,066 -
2024 $2,060 $3,194 $4,717 $16,386
2023 $1,682 $3,292 $4,323 $15,034
2022 $1,748 $3,275 $4,148 $13,905
2021 $1,825 $3,145 $3,704 $12,049
2020 $1,290 $3,103 $3,534 $11,609
2019 $1,352 $3,237 $3,441 $11,029
2018 $1,496 $3,197 $3,222 $10,010
2017 $1,395 $3,339 $2,956 $9,170
2016 $1,318 $3,253 $2,735 $8,375
2015 $1,411 $3,026 $2,578 $7,672
2014 $1,460 $3,076 $2,546 $7,297
2013 $1,458 $3,042 $2,360 $6,758
2012 $1,361 $2,830 $2,185 $6,377
2011 $1,312 $2,858 $1,951 $5,786
2010 $1,210 $2,695 $1,683 $5,389
2009 $1,197 $2,855 $1,226 $5,061
2008 $1,095 $2,724 $1,164 $4,844
2007 $985 $2,647 $926 $4,581
2006 $829 $2,504 $808 $4,237
2005 $776 $2,427 $711 $3,894
2004 $683 $2,322 $565 $3,543
2003 $579 $2,331 $497 $3,240
2002 $721 $2,248 $445 $3,002
2001 $749 $2,230 $419 $2,809
2000 $821 $2,229 $404 $2,614
1999 $510 $2,201 $376 $2,421
1998 $465 $2,152 $361 $2,308
1997 $425 $2,122 $362 $2,189
1996 $377 $2,070 $337 $2,019
1995 $372 $1,989 $287.8 $1,841
1994 $292.1 $1,807 $229.9 $1,674
1993 $258.1 $2,048 $189.4 $1,534
1992 $316 $2,158 $144.5 $1,413
1991 $497 $2,273 $143.7 $1,298
1990 $452 $2,202 $98.8 $1,210
1989 $407 - $98.1 -
1988 $397 - $405 -
1987 $318 - $595 -
1986 $367 - $436 -
1985 $325 - $238.6 -
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/vietnam | CC BY

Haiti's GDP per capita is $2,694, ranking 150/197, compared to $5,066 in Vietnam, ranking 122/197. Adjusted for purchasing power (GDP per capita PPP), Haiti ranks 177th at $3,194, while Vietnam ranks 108th at $16,386.

Economic indicators

Haiti Vietnam
Gross domestic product
$32.1B
2025
$515B
2025
GDP rank
112/197
2025
33/197
2025
GDP growth
-2.71%
2024-2025
8.02%
2024-2025
GDP per capita
$2,694
2025
$5,066
2025
GDP per capita rank
150/197
2025
122/197
2025
GDP per capita, PPP
$3,194
2024
$16,386
2024
GDP per capita PPP rank
177/197
2024
108/197
2024
Government debt
$3.95B
2025
$156B
2025
Debt-to-GDP ratio
12.3%
2025
30.3%
2025
Government debt per person
$332
2025
$1,537
2025
Government debt per person rank
177/185
2025
130/185
2025
Average annual personal income after taxes
$2,152
2026
$5,133
2026
Market capitalization of domestic companies n/a
$316B
2025
Number of billionaires n/a
5
2026
Income share by richest 10%
31.2%
2012
28.1%
2022
Income share by poorest 10%
2.1%
2012
2.6%
2022
Government expenditure, % of GDP
6.19%
2025
22.1%
2025
Consumer prices inflation
28.6%
2024-2025
3.3%
2024-2025
Central bank interest rate n/a
4.5%
2023
Unemployment rate
14.1%
2012
1.53%
2024
Population
12106577
102486146

Spending and national debt comparison by year

Haiti
Spending

Debt
Vietnam
Spending

Debt
1x
Year % of GDP
Haiti Vietnam
Government spending Government debt Government spending Government debt
2025 6.19% 12.3% 22.1% 30.3%
2024 5.25% 15.5% 19.1% 31.2%
2023 6.46% 27.8% 18.8% 34.3%
2022 8.33% 29.2% 18.2% 34.9%
2021 9.42% 28.4% 20.1% 39.2%
2020 9.86% 22.3% 21.3% 41.3%
2019 9.59% 26.5% 19.8% 41%
2018 11.3% 24.1% 20.5% 43.8%
2017 10.2% 22.5% 21.5% 46.6%
2016 10.5% 24.4% 22.2% 47.9%
2015 12.7% 23.9% 24.2% 46.1%
2014 14.6% 21.4% 22.8% 43.6%
2013 15.9% 25.1% 24.5% 41.4%
2012 16.4% 24.1% 23.5% 38.3%
2011 14.1% 22.3% 21.2% 36.2%
2010 12.6% 24.9% 23.7% 37.3%
2009 11.6% 19.4% 25% 36.2%
2008 11.2% 33.9% 21.4% 31%
2007 11.1% 24.4% 22.3% 32.2%
2006 9.67% 32.2% 20.5% 30.2%
2005 8.75% 29.7% 20.6% 28.7%
2004 7.38% 30.4% 19.4% 29.4%
2003 7.83% 37.8% 22.2% 29.8%
2002 6.64% 32% 19.7% 27.7%
2001 6.11% 28.8% 19.2% 25.4%
2000 6.25% 32.5% 17.8% 24.8%
1999 6.91% 24.1% 16.7% -
1998 5.4% 24% 16% -
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/vietnam | CC BY

In 2025, Haiti's government spending was $1.99B, accounting for 6.19% of its GDP, while Vietnam spent $114B, or 22.1% of GDP.

Debt-to-GDP ratio is 12.3% in Haiti and 30.3% in Vietnam, ranking 179/185 and 153/185, respectively.

Government deficit by year

Deficit/surplus
Haiti

Vietnam
1x
Year Deficit/surplus, % of GDP
Haiti Vietnam
2025 -0.22% -2.2%
2024 6.96% -1.54%
2023 0.77% -1.72%
2022 -1.75% 0.67%
2021 -2.45% -1.43%
2020 -1.96% -2.86%
2019 -1.99% -0.4%
2018 -1.13% -1.02%
2017 -0.32% -1.96%
2016 0.12% -3.16%
2015 -1.47% -4.98%
2014 -3.64% -5.02%
2013 -3.98% -5.96%
2012 -2.71% -5.46%
2011 -1.43% -0.9%
2010 -1.5% -2.25%
2009 -2% -4.82%
2008 -1.8% -0.45%
2007 -1.55% -1.74%
2006 -0.91% 0.2%
2005 -0.83% -0.95%
2004 -1.34% -0.15%
2003 -2.24% -2.56%
2002 -1.8% -1.85%
2001 -1.55% -2.19%
2000 -1.36% -1.61%
1999 -1.54% -1.25%
1998 0.21% -0.1%
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) | Fiscal Monitor (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1987, retrieved 2026-07-08).

GeoRank.org/economy/haiti/vietnam | 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 Vietnam's deficit of $11.3B, or 2.2% of GDP.

Over the past 28 years, Haiti recorded a fiscal deficit in 24 of those years, while Vietnam ran a deficit in 26 years. On average, Haiti posted an annual deficit equal to 1.19% of GDP, compared to deficit of 2.06% of GDP for Vietnam.

Inflation comparison by year

Inflation
Haiti

Vietnam
1x
Year Consumer prices inflation
Haiti Vietnam
2025 28.6% 3.3%
2024 26.9% 3.6%
2023 36.8% 3.3%
2022 34% 3.2%
2021 16.8% 1.8%
2020 22.8% 3.2%
2019 18.7% 2.8%
2018 12.5% 3.5%
2017 10.7% 3.5%
2016 11.5% 2.7%
2015 6.73% 0.6%
2014 3.44% 4.1%
2013 4.77% 6.6%
2012 5.02% 9.1%
2011 6.33% 18.7%
2010 4.83% 10.5%
2009 0.39% 6.7%
2008 15.3% 23.1%
2007 6.56% 8.3%
2006 11.3% 7.5%
2005 14% 8.4%
2004 21% 7.9%
2003 28.7% 3.3%
2002 7.03% 4.1%
2001 13.3% -0.3%
2000 9.33% -1.8%
1999 3% 4.1%
1998 5.27% 7.2%
1997 20.6% 3.1%

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/vietnam | CC BY

Over the past 29 years, Haiti has recorded an average annual inflation rate of 14%, compared with 5.59% in Vietnam. In 2025, inflation was 28.6% in Haiti and 3.3% in Vietnam.

Top exports between countries

Haiti
Export category Export value
Metals $2.62M
Machinery & equipment $193K
Raw materials & minerals $26K
Chemicals & pharma $8K
Precious metals & jewellery $1K
Wood & paper products $1K
Vietnam
Export category Export value

Balance of trade

Haiti Vietnam
Current account balance
-$145M
2024
$30.2B
2024
Current account balance ranking
85/190
2024
18/190
2024
Current account balance, % of GDP
-0.6%
2024
+6.33%
2024
Goods imports
$4.27B
2024
$363B
2024
Goods exports
$767M
2024
$407B
2024
Service imports
$518M
2024
$35.6B
2024
Service exports
$96.6M
2024
$25B
2024
Imports of goods and services, % of GDP
14.3%
2025
92.1%
2025
Exports of goods and services, % of GDP
1.56%
2025
98.2%
2025

Economic freedom indices

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

Haiti Vietnam
Economic freedom 46.1 64.4
Economic freedom ranking 178/197 73/197
Property rights 6.6 47.3
Government integrity 13 39.2
Judicial effectiveness 17.3 31.3
Tax burden 81.7 80.9
Government spending 98.7 89.5
Fiscal health 99.5 96.9
Business freedom 30.7 70
Labor freedom 54.7 54.7
Monetary freedom 45.1 73.2
Trade freedom 66.4 79.8
Investment freedom 20 60
Financial freedom 20 50

Economic freedom comparison by year

Haiti
Vietnam
1x
Year Economic freedom index
Haiti Vietnam
2026 46.1 64.4
2025 46.1 65.2
2024 48.2 62.8
2023 49.9 61.8
2022 50 60.6
2021 50.8 61.7
2020 52.3 58.8
2019 52.7 55.3
2018 55.8 53.1
2017 49.6 52.4
2016 51.3 54
2015 51.3 51.7
2014 48.9 50.8
2013 48.1 51
2012 50.7 51.3
2011 52.1 51.6
2010 50.8 49.8
2009 50.5 51
2008 49 50.4
2007 51.4 49.8
2006 49.2 50.5
2005 48.4 48.1
2004 51.2 46.1
2003 50.6 46.2
2002 47.9 45.6
2001 47.1 44.3
2000 45.7 43.7
1999 45.9 42.7
1998 45.7 40.4
1997 45.8 38.6
1996 41 40.2
1995 43 41.7

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

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

The Economic Freedom Index for Haiti is 46.1, ranking 178/197, compared to 64.4 for Vietnam, ranking 73/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Haiti Vietnam
Services, % of GDP
54.2%
2025
42.7%
2025
Industry, % of GDP
27.5%
2025
37.6%
2025
Agriculture, forestry, and fishing, % of GDP
15.8%
2025
11.6%
2025
GNI, Atlas method
$23.9B
2025
$505B
2025
GNI per capita, PPP
$3,130
2025
$17,580
2025
Total reserves including gold
$3.39B
2025
$85.6B
2025
Total reserves ranking
118/177
2025
33/177
2025
Net foreign direct investment
-$20M
2024
-$19.6B
2024
Net inflows of foreign direct investment
$20M
2024
$20.2B
2024
Net outflows of foreign direct investment
$0
2024
$600M
2024
Servicing debt to the IMF, % of GNI
2.24%
2024
7.29%
2024
Poverty at national poverty lines
58.5%
2012
4.2%
2022
Gross capital formation, % of GDP
12.1%
2025
30.8%
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/vietnam | 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. TradeMap (2017, 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.