Haiti GDP Annual Growth Rate

Name: Haiti GDP Annual Growth Rate
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Haiti,GDP Annual Growth Rate,data,chart,actual,historical,values,calendar,forecast,graph,2024,2025,2026

The Gross Domestic Product (GDP) in Haiti contracted by 4.2% in 2024, the largest decline since 2010, when an earthquake devastated the country. The effects of the COVID-19 pandemic, political turmoil, and natural disasters are cited as the main reasons behind the contraction. source: L'Institut Haïtien de Statistique et d'Informatique (IHSI)

GDP Annual Growth Rate in Haiti averaged 0.75 percent from 1997 until 2024, reaching an all time high of 6.30 percent in 2009 and a record low of -4.20 percent in 2024. This page provides - Haiti GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Haiti GDP Annual Growth Rate - values, historical data and charts - was last updated on September of 2025.

GDP Annual Growth Rate in Haiti is expected to reach 1.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Haiti GDP Annual Growth Rate is projected to trend around 1.80 percent in 2026 and 2.20 percent in 2027, according to our econometric models.

Related	Last	Previous	Unit	Reference
GDP	25.22	19.85	USD Billion	Dec 2024
GDP Annual Growth Rate	-4.20	-1.90	percent	Dec 2024
GDP per Capita	1154.87	1219.12	USD	Dec 2024
GDP per Capita PPP	2800.66	2956.46	USD	Dec 2024

Haiti GDP Annual Growth Rate

Haiti is one of the poorest and most politically unstable countries in the Caribbean. The devastating earthquake in 2010 caused damages in excess of 150 percent of GDP and destroyed most of the infrastructure. More than 80 percent of the population lives in poverty and the country relies heavily on remittances and foreign aid. The most important sector of the economy is substance agriculture which employs over 40 percent of the labour force. Despite having one the lowest trade tariffs in the Caribbean and a preferential trade agreement with the United States, Haiti failed to boost its trade due to lack of infrastructure and bureaucracy. Furthermore, the lack of a functioning legal system and endemic corruption make foreign investors reluctant to set up companies.