Includes historical data for Haiti’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.
Economic Potential Ruined By Corruption And Violence
Sharing the island of Hispaniola with the Dominican Republic, Haiti is one of the most urbanized nations in Latin America and the Caribbean region. The Haitian economy has traditionally relied on the agriculture, commercial and construction sectors, as well as a vibrant apparel assembly industry. Today, however, the tale of this country of approximately 12 million people is one of growing political instability, corruption and gang violence.
As a consequence, while Haiti offers great potential in tourism, renewable energy and nearshore outsourcing activities enhanced by the presence of a young population and the strategic proximity to the United States, the challenges for local and foreign investors remain considerable. These include high inflation, poor infrastructure, opaque bureaucracy, widespread inequalities and the migration of skilled workers. Additionally, Haiti faces exposure to natural hazards.
Macroeconomy & Sovereign Data
| Type of Government | Semi-presidential republic |
|---|---|
| Capital | Port-au-Prince |
| Sovereign Ratings |
S&P: Not rated Moody’s: Not rated Fitch: Not rated |
| Total Population | 12.4 million |
| Median Age | 23.7 |
| Adult Per Capita Income (PPP) | 5,788.87 |
| Total GDP (2023) | 24.0 billion |
Haiti GDP & Economic Overview
Most Recent Content
Haiti
Banking & Finance
Trade & Investment
| Total Exports | USD 4.0 billion (2023) |
|---|---|
| Leading Exports |
Clothing And Apparel Essential Oils Eels Mangoes Scrap Iron |
| Total Imports | USD 1.3 billion (2022) |
| Leading Imports |
Refined Petroleum Rice Clothing And Apparel Poultry Palm Oil |
| Source: | World Integrated Trade Solution |
Haiti Leading Companies
| Unibank | Financials |
|---|---|
| Natcom | Telecommunication Services |
| GB Group | Conglomerates, Materials, Consumer Staples, Energy |
| La Compagnie d'Assurance d'Haïti | Financials, Insurance |
| Brasserie Nationale d'Haïti | Consumer Staples, Brewers |
| Compagnie des Tabacs Comme il Faut | Consumer Staples, Tobacco |
Global Finance Rankings & Awards
Data Sources:
UN World Population Prospects
World Inequality Report
S&P Global Ratings
Moody’s
Fitch Ratings
IMF Direction of Trade Statistics (DOTS)
UN Conference on Trade and Development (UNCTAD)
CIA The World Factbook
World Bank’s World Integrated Trade Solution
Forbes Global 2000