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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 1.9 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

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Gross Domestic Product - GDP

USD 7.8 billion (2017, estimate)

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GDP (Purchasing Power Parity)

Intl$ 20.4 billion (2017, estimate)

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Real GDP growth
2006 2007 2008 2009 2010 2011 2012
2.3% 3.3% 0.8% 3.1% -5.5% 5.5% 2.9%
2013 2014 2015 2016* 2017*    
4.2% 2.8% 1.2% 1.5% 3.3%    

*Estimate

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GDP per capita - current prices

USD 713.6 (2017, estimate)

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GDP per capita - PPP

Intl$ 1,858.7 (2017, estimate)

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GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.05% 0.04% 0.02% 0.02% 0.02%

*Estimate

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GDP - composition by sector
  • agriculture: 21.5% 
  • industry: 20.3% 
  • services: 58.2%

(2016 estimate)

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

N/A

 

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Inflation
2013 2014 2015 2016* 2017*
6.8% 3.9% 7.5% 13.3% 9.1%

*Estimate

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Unemployment rate
2013 2014 2015 2016 2017
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)
2013 2014 2015 2016* 2017*
21.5% 26.3% 30.1% 33.6% 34.9%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-7.1% -6.4% -2.4% -1.6% -1.5%

*Estimate

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Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

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Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
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Largest companies

N/A

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Current account balance

USD -0.1 billion (2017 estimate)

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Current account balance by percentage of GDP

-1.0% (2017 estimate)

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

20.0% (2015)

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Shares in world total merchandising export

0.006% (2015)

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Shares in world total commercial services export

0.01% (2015)

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Total exports

USD 933.2 million (2016 estimate)

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Export commodities

Apparel, manufactures, oils, cocoa, mangoes, coffee

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Total imports

USD 3.1 billion (2016 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 85.3% (2015)

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Imports - major partners

Dominican Republic 35.3%, US 24.5%, Netherlands Antilles 9.4%, China 9.4% (2015)

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FDI inflows
2013 2014 2015
USD 160 million USD 99 million USD 104 million
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FDI outflows
2013 2014 2015
N/A N/A N/A
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Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
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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: 181 out of 190 countries (2017) 

Subcategories:

Starting a business: 188 out of 190 countries

Enforcing Contracts: 123 out of 190 countries

Registering Property: 180 out of 190 countries

Getting Credit: 175 out of 190 countries

Protecting Minority Investors: 188 out of 190 countries

Trading Across Borders: 76 out of 190 countries

Paying Taxes: 159 out of 190 countries

Dealing with Construction Permits: 166 out of 190 countries

Getting Electricity: 139 out of 190 countries

Resolving Insolvency: 169 out of 190 countries

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Global competitiveness ranking

N/A

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Index of Economic Freedom

Ranking: 150 / Score: 51.3 (Mostly unfree) (2016)

(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 (official) 54.7%, Protestant 28.5% (Baptist 15.4%, Pentecostal 7.9%, Adventist 3%, Methodist 1.5%, other 0.7%), voodoo (official) 2.1%, other 4.6%, none 10.2%

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Total population
1990* 2000* 2010* 2016* 2021*
7.086 million 8.549 million 10 million 10.848 million 11.507 million

*Estimate

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Urban population as % of total population
1960 1980 2000 2015
16% 21% 36% 59%
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Population median age

22.6 years (2016 estimate)

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Population growth rate

1.71% (2016 estimate)

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Life expectancy

63.8 years (2016 estimate)

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Literacy

Total population: 60.7%
Male: 64.3%
Female: 57.3% (2015 est.)

(age 15 and over can read and write)

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% of population living on less than $3.10 a day

42.2% (2012)

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Inequality of wealth distribution (Gini index)

60.8 (2012)

(0=perfect equality, 100=absolute inequality)

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Freedom House rating

Political Rights: 5
Civil Liberties: 5 (2017)                         

(1 represents the most free, 7 the least free rating)

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Total telephone subscribers as % of population

Fixed 0.05%   Mobile 68.84% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

12.2% (2015)

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Mercer Cost of living index

Port Au Prince: 145th (2016)

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CO2 emissions

0.2 (2013)

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World's Best Internet Banks

2013
2012
2011
2010
2009
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