Haiti's GDP changed from approximately $2B 664M in 1980 to $24B 46M in 2024, showing an overall 802.6% sharply increased during the period.
The lowest GDP was recorded in 1992 at $918M, and the highest in 2024 at $24B 46M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 5.1%.
For comparison, the average annual growth rate of Dominican Republic was 6.3%, and that of Jamaica was 4.8%.
Haiti GDP from 1980 to 2024
The total market value of goods and services produced annually in Haiti.
Overview of Haiti's GDP (1980–2024)
The Gross Domestic Product (GDP) of Haiti recorded a 802.6% sharply increased from 1980 to 2024.
The average GDP during this period was $8B 611M, and the median was $6B 408M.
GDP fluctuated within a range of $23B 128M, with a standard deviation of $6B 289M.
The average annual change was $442M 938K.
Highest and Lowest GDP Records
- Lowest GDP: 1992, $918M
- Highest GDP: 2024, $24B 46M
- Most Recent GDP: 2024, $24B 46M
Notable Annual GDP Changes
- 2021: Significant increase in GDP
- 1987: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Haiti's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $14B 787M → $14B 508M
- Outcome: declined
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $9B 522M → $11B 598M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $6B 810M → $6B 285M
- Outcome: declined
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $5B 748M → $6B 408M
- Outcome: sharply increased
Key Economic Indicators of Haiti (1980–2024)
| year | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
1980 | $ 2B 664M | $ 447.91 | $ 1,685.68 | $ 10B 25M | 7.345 % | -3.083 % | 9.25 % | 0 % | 5M 947K people |
1981 | $ 2B 932M | $ 484.33 | $ 1,831.55 | $ 11B 89M | 1.056 % | -3.569 % | 9.54 % | 0 % | 6M 54K people |
1982 | $ 3B 50M | $ 494.86 | $ 1,857.01 | $ 11B 445M | -2.797 % | -2.459 % | 10.84 % | 0 % | 6M 163K people |
1983 | $ 3B 273M | $ 521.76 | $ 1,867.22 | $ 11B 715M | -1.5 % | -2.182 % | 10.48 % | 0 % | 6M 274K people |
1984 | $ 3B 627M | $ 567.91 | $ 1,904.20 | $ 12B 162M | 0.201 % | -1.878 % | 10.62 % | 0 % | 6M 387K people |
1985 | $ 4B 27M | $ 619.46 | $ 1,944.22 | $ 12B 641M | 0.757 % | -1.446 % | 11.43 % | 0 % | 6M 502K people |
1986 | $ 4B 475M | $ 676.08 | $ 1,953.51 | $ 12B 931M | 0.273 % | -0.842 % | 10.95 % | 0 % | 6M 619K people |
1987 | $ 2B 205M | $ 327.18 | $ 1,957.90 | $ 13B 194M | -0.432 % | -1.136 % | 21.61 % | 0 % | 6M 739K people |
1988 | $ 1B 450M | $ 212.61 | $ 2,014.35 | $ 13B 736M | 0.559 % | -1.261 % | 31.24 % | 0 % | 6M 819K people |
1989 | $ 1B 340M | $ 192.61 | $ 2,028.35 | $ 14B 113M | -1.131 % | 0.005 % | 37.88 % | 0 % | 6M 958K people |
1990 | $ 1B 706M | $ 240.23 | $ 2,052.80 | $ 14B 577M | -0.44 % | -2.918 % | 30.67 % | 0 % | 7M 101K people |
1991 | $ 1B 530M | $ 211.53 | $ 2,109.89 | $ 15B 260M | 1.262 % | -6.816 % | 36.77 % | 0 % | 7M 233K people |
1992 | $ 918M | $ 124.53 | $ 2,068.90 | $ 15B 256M | -2.251 % | -8.218 % | 43.78 % | 0 % | 7M 374K people |
1993 | $ 1B 107M | $ 147.03 | $ 1,973.04 | $ 14B 849M | -4.922 % | -5.627 % | 20.20 % | 0 % | 7M 526K people |
1994 | $ 3B 54M | $ 397.21 | $ 1,743.63 | $ 13B 407M | -11.603 % | -0.524 % | 7.08 % | 0 % | 7M 689K people |
1995 | $ 4B 846M | $ 618.38 | $ 1,919.52 | $ 15B 42M | 9.892 % | -0.807 % | 7.14 % | 0 % | 7M 836K people |
1996 | $ 5B | $ 626.30 | $ 1,998.01 | $ 15B 952M | 4.143 % | -0.8 % | 7.76 % | 0 % | 7M 984K people |
1997 | $ 5B 748M | $ 706.80 | $ 2,049.27 | $ 16B 666M | 2.705 % | -0.205 % | 7.51 % | 0.767 % | 8M 132K people |
1998 | $ 6B 408M | $ 773.84 | $ 2,079.45 | $ 17B 221M | 2.182 % | 0.243 % | 8.42 % | 0.588 % | 8M 281K people |
1999 | $ 7B 148M | $ 847.95 | $ 2,127.95 | $ 17B 938M | 2.71 % | -0.611 % | 8.10 % | -1.073 % | 8M 430K people |