Haiti GDP Trends from 1980 to 2024: A overall increase with some decline Flow

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%.

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.


Haiti GDP from 1980 to 2024

The total market value of goods and services produced annually in Haiti.

Change Chart

    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)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    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