Haiti Economic Statistics and Indicators

16, Jul 2018, EDT. Welcome to the Haiti economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Haiti › Change country
National or Regional Currency: Gourde, HTG
Year of data: 2015 › Change year
Number of Indicators Listed: 35
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 9996731 ; note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2014 est.)
Area: total: 27,750 sq km ; land: 27,560 sq km ; water: 190 sq km
Natural Resources: bauxite, copper, calcium carbonate, gold, marble, hydropower
Capital: name: Port-au-Prince ; geographic coordinates: 18 32 N, 72 20 W ; time difference: UTC-5 (same time as Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November

Haiti is a free market economy that enjoys the advantages of low labor costs and tariff-free access to the US for many of its exports. Poverty, corruption, vulnerability to natural disasters, and low levels of education for much of the population are among Haiti's most serious impediments to economic growth. Haiti's economy suffered a severe setback in January 2010 when a 7.0 magnitude earthquake destroyed much of its capital city, Port-au-Prince, and neighboring areas. Currently the poorest country in the Western Hemisphere with 80% of the population living under the poverty line and 54% in abject poverty, the earthquake further inflicted $7.8 billion in damage and caused the country's GDP to contract. In 2011, the Haitian economy began recovering from the earthquake. However, two hurricanes adversely affected agricultural output and the low public capital spending slowed the recovery in 2012. Two-fifths of all Haitians depend on the agricultural sector, mainly small-scale subsistence farming, and remain vulnerable to damage from frequent natural disasters, exacerbated by the country's widespread deforestation. US economic engagement under the Caribbean Basin Trade Preference Agreement (CBTPA) and the 2008 Haitian Hemispheric Opportunity through Partnership Encouragement (HOPE II) Act helped increase apparel exports and investment by providing duty-free access to the US. Congress voted in 2010 to extend the CBTPA and HOPE II until 2020 under the Haiti Economic Lift Program (HELP) Act; the apparel sector accounts for about 90% of Haitian exports and nearly one-twentieth of GDP. Remittances are the primary source of foreign exchange, equaling one-fifth of GDP and representing more than five times the earnings from exports in 2012. Haiti suffers from a lack of investment, partly because of weak infrastructure such as access to electricity. Haiti's outstanding external debt was cancelled by donor countries following the 2010 earthquake, but has since risen to $1.1 billion as of December 2013. The government relies on formal international economic assistance for fiscal sustainability, with over half of its annual budget coming from outside sources. The MARTELLY administration in 2011 launched a campaign aimed at drawing foreign investment into Haiti as a means for sustainable development. To that end, the MARTELLY government in 2012 created a Commission for Commercial Code Reform, effected reforms to the justice sector, and inaugurated the Caracol industrial park in Haiti's north coast. In 2012, private investment exceeded donor assistance for the first time since the 2010 earthquake.
More on the Haiti Economy
More on the Haiti Export, Import and Trade

Economic Indicator Listing
  For Haiti in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 1 %
GDP (Current Prices, National Currency)HTG 420.971 Billion.
GDP (Current Prices, US Dollars)US$ 8.618 Billion
GDP Deflator 2,700.90 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)HTG 1,455.17 .
GDP Per Capita (Current Prices, National Currency)HTG 39,302.71 .
GDP Per Capita (Current Prices, US Dollars)US$ 804.564
GDP (PPP), US DollarsUS$ 18.745 Billion
GDP Per Capita (PPP), US DollarsUS$ 1,750.10
GDP Share of World Total (PPP) 0.017 %
Implied PPP Conversion Rate 22.457
Investment (% of GDP) 28.854 %
Gross National Savings (% of GDP) 26.467 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 209.785 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 7.524 %
Inflation, End of Year (Indexed to Year 2000) 223.28 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 11.277 %
Import Volume of All Items Including Goods and Services (Percent Change) 13.77 %
Import Volumes of Goods Only (Percent Change) 22.495 %
Export Volume of All Items Including Goods and Services (Percent Change) 10.22 %
Export Volumes of Goods Only (Percent Change) 11.194 %
Population 10.711 Million
General government revenue (National Currency)HTG 81.539 Billions.
General government revenue (% of GDP) 19.369 %
General government total expenditure (National Currency)HTG 92.451 Billions.
General government total expenditure (% of GDP) 21.961 %
Total Government Net Lending/ Borrowing (National Currency)HTG -10.912 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -2.592 %
Fiscal Year Gross Domestic Product, Current PricesHTG 420.971 Billions.
Current Account Balance (US Dollars)US$ -0.206 Billion
Current Account Balance (% GDP) -2.387 %
Economic Indicators for Haiti 2015

GDP (Constant Prices, National Currency) for Haiti in year 2015 is HTG 15.586 Billion.

GDP Growth (Constant Prices, National Currency) for Haiti in year 2015 is 1 %.

GDP (Current Prices, National Currency) for Haiti in year 2015 is HTG 420.971 Billion.

GDP (Current Prices, US Dollars) for Haiti in year 2015 is US$ 8.618 Billion.

GDP Deflator for Haiti in year 2015 is 2,700.90 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Haiti in year 2015 is HTG 1,455.17 .

GDP Per Capita (Current Prices, National Currency) for Haiti in year 2015 is HTG 39,302.71 .

GDP Per Capita (Current Prices, US Dollars) for Haiti in year 2015 is US$ 804.564 .

GDP (PPP), US Dollars for Haiti in year 2015 is US$ 18.745 Billion.

GDP Per Capita (PPP), US Dollars for Haiti in year 2015 is US$ 1,750.10 .

GDP Share of World Total (PPP) for Haiti in year 2015 is 0.017 %.

Implied PPP Conversion Rate for Haiti in year 2015 is 22.457 .

Investment (% of GDP) for Haiti in year 2015 is 28.854 %.

Gross National Savings (% of GDP) for Haiti in year 2015 is 26.467 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Haiti in year 2015 is 209.785 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Haiti in year 2015 is 7.524 %.

Inflation, End of Year (Indexed to Year 2000) for Haiti in year 2015 is 223.28 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Haiti in year 2015 is 11.277 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Haiti in year 2015 is 13.77 %.

Import Volumes of Goods Only (Percent Change) for Haiti in year 2015 is 22.495 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Haiti in year 2015 is 10.22 %.

Export Volumes of Goods Only (Percent Change) for Haiti in year 2015 is 11.194 %.

Population for Haiti in year 2015 is 10.711 Million .

General government revenue (National Currency) for Haiti in year 2015 is HTG 81.539 Billions.

General government revenue (% of GDP) for Haiti in year 2015 is 19.369 %.

General government total expenditure (National Currency) for Haiti in year 2015 is HTG 92.451 Billions.

General government total expenditure (% of GDP) for Haiti in year 2015 is 21.961 %.

Total Government Net Lending/ Borrowing (National Currency) for Haiti in year 2015 is HTG -10.912 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Haiti in year 2015 is -2.592 %.

Fiscal Year Gross Domestic Product, Current Prices for Haiti in year 2015 is HTG 420.971 Billions.

Current Account Balance (US Dollars) for Haiti in year 2015 is US$ -0.206 Billion.

Current Account Balance (% GDP) for Haiti in year 2015 is -2.387 %.

* Source: IMF
Aggregate Indicators for Haiti
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Haiti
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Haiti
  Natural Resources, Agricultural Products, Land Use and Water Use for Haiti
  Nationality, Ethnic Groups, Languages and Religions for Haiti
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Haiti
  Age Structure, Median Age, Gender and Urbanization for Haiti
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Haiti
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Haiti
  HIV, AIDS and Other Major Infectious Disease Rates for Haiti
  Literacy Rate, Educational Expenditure and School Life Expectancy for Haiti
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Haiti
  Industries and Industrial Growth Production Rate for Haiti
  Labor Force by Occupation for Haiti
  Poverty Line, Gini Index, Household Income and Consumption for Haiti
  National Budget and Public Debt for Haiti
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Haiti
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Haiti
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Haiti
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Haiti
  Foreign Exchange Reserves and Gold Reserves for Haiti
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Haiti
  Exchange Rate Statistics for Haiti
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Haiti
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Haiti
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Haiti
  Television and Radio Statistics (TV Stats, Radio Stats) for Haiti
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Haiti
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Haiti
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Haiti
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Haiti
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Haiti
* Source: CIA
Internet Indicators for Haiti
Indicators
  Number of Internet Users for Haiti
  Internet Penetration Rate for Haiti
  Number of Facebook Accounts for Haiti
  Facebook Penetration Rate for Haiti
* Source: IWS
Economic Freedom Indicators for Haiti
Indicators
  Economic Freedom World Rank for Haiti
  Government Spending for Haiti
  Monetary Freedom for Haiti
  Investment Freedom for Haiti
  Financial Freedom for Haiti
  Property Rights for Haiti
  Economic Freedom Regional Ranking for Haiti
  Freedom from Corruption for Haiti
  Labor Freedom for Haiti
  Tariff Rate for Haiti
  Income Tax Rate for Haiti
  Corporate Tax Rate for Haiti
  Tax Burden % of GDP for Haiti
  Government Expenditure % of GDP for Haiti
  Business Freedom for Haiti
  Trade Freedom for Haiti
  Fiscal Freedom for Haiti
  2016 Score for Haiti
* Source: HFO
Haiti Economic Indicators in other Years
  Haiti Economic Indicators for Year 2021 (Forecast)
  Haiti Economic Indicators for Year 2020 (Forecast)
  Haiti Economic Indicators for Year 2019 (Forecast)
  Haiti Economic Indicators for Year 2018 (Forecast)
  Haiti Economic Indicators for Year 2017 (Forecast)
  Haiti Economic Indicators for Year 2016 (Forecast)
Haiti Economic Indicators for Year 2015 (Current)
  Haiti Economic Indicators for Year 2014
  Haiti Economic Indicators for Year 2013
  Haiti Economic Indicators for Year 2012
  Haiti Economic Indicators for Year 2011
  Haiti Economic Indicators for Year 2010
  Haiti Economic Indicators for Year 2009
  Haiti Economic Indicators for Year 2008
  Haiti Economic Indicators for Year 2007
  Haiti Economic Indicators for Year 2006
  Haiti Economic Indicators for Year 2005
  Haiti Economic Indicators for Year 2004
  Haiti Economic Indicators for Year 2003
  Haiti Economic Indicators for Year 2002
  Haiti Economic Indicators for Year 2001
  Haiti Economic Indicators for Year 2000
  Haiti Economic Indicators for Year 1999
  Haiti Economic Indicators for Year 1998
  Haiti Economic Indicators for Year 1997
  Haiti Economic Indicators for Year 1996
  Haiti Economic Indicators for Year 1995
  Haiti Economic Indicators for Year 1994
  Haiti Economic Indicators for Year 1993
  Haiti Economic Indicators for Year 1992
  Haiti Economic Indicators for Year 1991
  Haiti Economic Indicators for Year 1990
  Haiti Economic Indicators for Year 1989
  Haiti Economic Indicators for Year 1988
  Haiti Economic Indicators for Year 1987
  Haiti Economic Indicators for Year 1986
  Haiti Economic Indicators for Year 1985
  Haiti Economic Indicators for Year 1984
  Haiti Economic Indicators for Year 1983
  Haiti Economic Indicators for Year 1982
  Haiti Economic Indicators for Year 1981
  Haiti Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International