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Haiti GDP and Economic Data

Country Report 2017 - Includes Haiti real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Haiti economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Haiti best banks and safest banks are also available.

 
 
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Central bank

Bank of the Republic of Haiti

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International Reserves

USD 2.4 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

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Gross Domestic Product - GDP

USD 9.5 billion (2018, estimate)

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GDP (Purchasing Power Parity)

Intl$ 20.7 billion (2018, estimate)

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Real GDP growth
2007 2008 2009 2010 2011 2012 2013
3.3% 0.8% 3.1% -5.5% 5.5% 2.9% 4.2%
2014 2015 2016 2017 2018*    
2.8% 1.2% 1.5% 1.2% 1.5%    

*Estimate

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GDP per capita - current prices

USD 856.8 (2018, estimate)

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GDP per capita - PPP

Intl$ 1,864.4 (2018, estimate)

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GDP (PPP) - share of world total
1980 1990 2000 2010 2019*
0.05% 0.04% 0.02% 0.02% 0.02%

*Estimate

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GDP - composition by sector
  • agriculture: 22.1% 
  • industry: 20.3% 
  • services: 57.6%

(2017 estimate)

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Gross domestic expenditure on R&D; (% of GDP)

N/A

 

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Inflation
2015 2016 2017 2018* 2019*
7.5% 13.4% 14.7% 12.9% 17.6%

*Estimate

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Unemployment rate
2015 2016 2017 2018 2019
N/A N/A N/A N/A N/A

*Estimate

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Household saving rates

N/A

 

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Public debt (General government gross debt as a % of GDP)
2015 2016 2017 2018* 2019*
30.3% 33.7% 31% 33.3% 36.5%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017 2018* 2019*
-2.5% 0% 0.2% -2% -2.6%

*Estimate

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Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's 

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Market value of publicly traded shares
2016 2017 2018
N/A N/A N/A
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Largest companies

N/A

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Current account balance

USD -0.4 billion (2018 estimate)

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Current account balance by percentage of GDP

-3.7 % (2018 estimate)

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Exports as percent of GDP (Exports of goods and services)

17.1% (2018)

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Shares in world total merchandising export

0.01% (2018)

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Shares in world total commercial services export

0.009% (2018)

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Total exports

USD 1.6 billion (2018 estimate)

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Export commodities

Apparel, manufactures, oils, cocoa, mangoes, coffee

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Total imports

USD 4.2 billion (2018 estimate)

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Import commodities

Food, manufactured goods, machinery and transport equipment, fuels, raw materials

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Exports - major partners

US 80.6%, Dominican Republic 4.9% (2017)

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Imports - major partners

US 20.7%, China 18.8%, Netherlands Antilles 15.7%, Indonesia 8.5% (2017)

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FDI inflows
2016 2017 2018
USD 105 million USD 375 million USD 105 million
Source
FDI outflows
2016 2017 2018
N/A N/A N/A
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Value of cross-border M&A, by country of purchaser
2015 2016 2017 2018
N/A N/A N/A N/A
Source
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

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Cross-border M&A deals worth over $3 billion completed in 2015

N/A

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Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking:

179 out of 190 countries

Subcategories:
Starting a Business: 189 out of 190 countries
Dealing with Construction Permits: 179 out of 190 countries
Getting Electricity: 147 out of 190 countries
Registering Property: 182 out of 190 countries
Getting Credit: 144 out of 190 countries
Protecting Minority Investors: 183 out of 190 countries
Paying Taxes: 149 out of 190 countries
Trading across Borders: 85 out of 190 countries
Enforcing Contracts: 127 out of 190 countries
Resolving Insolvency: 168 out of 190 countries

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Global competitiveness ranking

138 out of 141 countries

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Index of Economic Freedom

Ranking: 143 / Score: 52.7 (Mostly unfree)

(100=totally free 0=totally repressed)

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Time zone

UTC-5

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Total area

27,750 sq km

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Capital

Port-au-Prince

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Currency

Gourdes (HTG)

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Government type

Semi-presidential republic

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Languages

French (official), Creole (official)

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Religions

Roman Catholic 54.7%, Protestant 28.5% (Baptist 15.4%, Pentecostal 7.9%, Adventist 3%, Methodist 1.5%, other 0.7%), Vodou 2.1%, other 4.6%, none 10.2% (2003 est.)

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Total population
1990* 2000* 2010* 2015* 2020*
7.09 million 8.55 million 10 million 10.71 million 11.38 million

*Estimate

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Urban population as % of total population
1960 1980 2000 2018
15.6% 20.5% 35.6% 55.3%
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Population median age

23.3 years 

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Population growth rate

1.31% (2018 estimate)

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Life expectancy

64.6 years (2018 estimate)

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Literacy

Total population: 60.7% 
Male: 64.3% 
Female: 57.3%
Definition: age 15 and over can read and write (2015 est.)

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% of population living on less than $3.10 a day

50.8% (last available estimate, 2012)

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Inequality of wealth distribution (Gini index)

41.1 (last available estimate, 2012)

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Freedom House rating

Partly Free
Political Rights: 5
Civil Liberties: 5 (2019)
(1 represents the most free, 7 the least free rating)

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Total telephone subscribers as % of population

Fixed: 0.1%

Mobile: 57.5%

(2018)

(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

32.47 % (2018)

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Mercer Cost of living index

Port au Prince: 165th (2019)

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CO2 emissions

0.27 metric tons per capita (2014)

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