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.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
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 |
