General Information
The textile sector is the mainstay of Haitian exports and makes a significant export sales contribution of 84%.
(Source: Banque de la République d'Haïti)
Gross Domestic Product (GDP) | % of regional GDP | GDP per head |
USD 9,602millions |
0.2%
|
USD 854
|
Economic Statistics (years 2016 - forecast 2021)
National Accounts | 2016 | 2017 | 2018 | 2019 | f.2020 | f.2021 |
GDP growth (%) | 1.5% | 1.2% | 1.5% | -1.2% | -4.0% | 1.2% |
Nominal GDP (USD millions) | 8,178 | 8,608 | 9,525 | 9,602 | 9,648 | 9,648 |
GDP per Head (USD) | 754 | 784 | 857 | 854 | 848 | 848 |
Inflation (%) | 12.5% | 15.4% | 13.3% | 20.1% | 23.0% | 20.0% |
Fiscal Balance (% GDP) | 0.0% | 0.3% | -1.7% | -2.4% | -5.1% | -3.0% |
General Govt. gross debt (% GDP) | 33.7% | 31.0% | 33.0% | 36.2% | 42.7% | 44.3% |
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Trade Statistics
Foreign Trade - Composition | |||||
Exports | Imports | ||||
By countries | By countries | ||||
US | 84.0% | Dominican Republic | 37.3% | ||
Canada | 3.1% | US | 22.0% | ||
Vietnam | 2.0% | China | 11.0% | ||
Mexico | 1.8% | Peru | 2.9% | ||
By products | By products | ||||
Manufactures | 96.4% | Manufactures | 50.4% | ||
Agricultural products | 3.6% | Fuels and mining prod. | 23.8% | ||
Agricultural products | 21.8% |
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Balance of Payments (USD millions) | 2016 | 2017 | 2018 | 2019 | f.2020 | f.2021 |
Exports of Goods | 1,020 | 1,010 | 1,025 | 1,043 | 953 | 973 |
Exports growth (%) | 2.6% | -1.0% | 1.5% | 1.7% | -8.6% | 2.1% |
Imports of Goods | 4,089 | 4,513 | 4,789 | 4,840 | 4,380 | 4,489 |
Imports growth (%) | -2.1% | 10.4% | 6.1% | 1.1% | -9.5% | 2.5% |
Foreign Trade (% GDP) | 62% | 64% | 61% | 50% | 55% | 57% |
Current Account Balance | -73 | -86 | -368 | -135 | -344 | -79 |
% GDP | -0.9% | -1.0% | -3.9% | -1.4% | -3.6% | -0.8% |
Foreign Direct Investment | 111 | 113 | 117 | 48 | 29 | 29 |
% GDP | 1.4% | 1.3% | 1.2% | 0.5% | 0.3% | 0.3% |
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