Haiti - Economic Indicators

Economic Overview

Haiti is a free market economy with low labor costs and tariff-free access to the US for many of its exports. Two-fifths of all Haitians depend on the agricultural sector, mainly small-scale subsistence farming, which remains vulnerable to damage from frequent natural disasters. Poverty, corruption, vulnerability to natural disasters, and low levels of education for much of the population represent some of the most serious impediments to Haiti’s economic growth. Remittances are the primary source of foreign exchange, equivalent to more than a quarter of GDP, and nearly...

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GDP Reference Last Previous Units Frequency
Real Investment 2017 8,582,808,800 7,815,774,900 NCU Annual
Private Consumption 2016 435,944,480,324 373,199,360,627 HTG Annual
Nominal Gross Domestic Product 2016 484,351,000,000 423,644,000,000 HTG Annual
Investment 2016 146,380,000,000 137,258,000,000 HTG Annual
Real Gross Domestic Product 2015 117.75 116.33 Index 2005=100 Annual
Price Reference Last Previous Units Frequency
Consumer Price Index (CPI) Jul 2018 207.68 204.52 2010=100, NSA Monthly
Labor Reference Last Previous Units Frequency
Agriculture Employment 2017 2,068,709 2,035,403 # Annual
Unemployment Rate 2017 13.99 14 % of total labor force Annual
Labor Force 2016 4,905,898 4,794,213 # Annual
Trade Reference Last Previous Units Frequency
Exports of Goods 2018 Q2 291,370,000 229,270,000 USD, NSA Quarterly
Imports of Goods 2018 Q2 1,157,840,000 1,110,280,000 USD, NSA Quarterly
Balance of Goods 2018 Q2 -866,470,000 -881,010,000 USD, NSA Quarterly
Current Account Balance 2018 Q2 -51,422,720 -87,732,002 USD, NSA Quarterly
Real Exports of Goods and Services 2017 7,009,000,000 7,095,000,000 NCU Annual
Real Imports of Goods and Services 2017 23,260,000,000 22,793,000,000 NCU Annual
Imports of Goods and Services 2016 248,091,000,000 214,128,000,000 HTG Annual
Exports of Goods and Services 2016 99,716,000,000 84,760,000,000 HTG Annual
Demographics Reference Last Previous Units Frequency
Net Migration 2017 -175,000 # Annual
Population 2017 10,981,229 10,847,334 # Annual
Death Rate 2016 8.59 8.65 # per Ths. pop. Annual
Birth Rate 2016 24.18 24.55 # per Ths. pop. Annual

Factbook

Background

Background:
The native Taino - who inhabited the island of Hispaniola when it was discovered by Christopher COLUMBUS in 1492 - were virtually annihilated by Spanish settlers within 25 years. In the early 17th century, the French established a presence on Hispaniola. In 1697, Spain ceded to the French the western third of the island, which later became Haiti. The French colony, based on forestry and sugar-related industries, became one of the wealthiest in the Caribbean but only through the heavy importation of African slaves and considerable environmental degradation. In the late 18th century, Haiti's nearly half million slaves revolted under Toussaint L'OUVERTURE. After a prolonged struggle, Haiti became the first post-colonial black-led nation in the world, declaring its independence in 1804. Currently the poorest country in the Western Hemisphere, Haiti has experienced political instability for most of its history. A massive magnitude 7.0 earthquake struck Haiti in January 2010 with an epicenter about 25 km (15 mi) west of the capital, Port-au-Prince. Estimates are that over 300,000 people were killed and some 1.5 million left homeless. The earthquake was assessed as the worst in this region over the last 200 years. President Michel MARTELLY resigned in February 2016 and was replaced by Interim President Jocelerme PRIVERT. President Jovenel MOISE won the November 2016 elections and assumed office in February 2017.

Geography

Location:
Caribbean, western one-third of the island of Hispaniola, between the Caribbean Sea and the North Atlantic Ocean, west of the Dominican Republic
Geographic coordinates:
19 00 N, 72 25 W
Map references:
Central America and the Caribbean
Area:
total: 27,750 sq km
land: 27,560 sq km
water: 190 sq km
country comparison to the world: 148
Area - comparative:
slightly smaller than Maryland
Land boundaries:
total: 376 km
border countries (1): Dominican Republic 376 km
Coastline:
1,771 km
Maritime claims:
territorial sea: 12 nm
contiguous zone: 24 nm
exclusive economic zone: 200 nm
continental shelf: to depth of exploitation
Climate:
tropical; semiarid where mountains in east cut off trade winds
Terrain:
mostly rough and mountainous
Elevation:
mean elevation: 470 m
elevation extremes: lowest point: Caribbean Sea 0 m
highest point: Chaine de la Selle 2,680 m
Natural resources:
bauxite, copper, calcium carbonate, gold, marble, hydropower, arable land
Land use:
agricultural land: 66.4%
arable land 38.5%; permanent crops 10.2%; permanent pasture 17.7%
forest: 3.6%
other: 30% (2011 est.)
Irrigated land:
970 sq km (2012)
Population - distribution:
fairly even distribution; largest concentrations located near coastal areas
Natural hazards:
lies in the middle of the hurricane belt and subject to severe storms from June to October; occasional flooding and earthquakes; periodic droughts
Environment - current issues:
extensive deforestation (much of the remaining forested land is being cleared for agriculture and used as fuel); soil erosion; overpopulation leads to inadequate supplies of potable water and and a lack of sanitation; natural disasters
Environment - international agreements:
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Law of the Sea, Marine Dumping, Marine Life Conservation, Ozone Layer Protection
signed, but not ratified: Hazardous Wastes
Geography - note:
shares island of Hispaniola with Dominican Republic (western one-third is Haiti, eastern two-thirds is the Dominican Republic); it is the most mountainous nation in the Caribbean

People & Society

Population:
10,646,714
note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2017 est.)
country comparison to the world: 88
Nationality:
noun: Haitian(s)
adjective: Haitian
Ethnic groups:
black 95%, mulatto and white 5%
Languages:
French (official), Creole (official)
Religions:
Roman Catholic 54.7%, Protestant 28.5% (Baptist 15.4%, Pentecostal 7.9%, Adventist 3%, Methodist 1.5%, other 0.7%), voodoo 2.1%, other 4.6%, none 10.2% (2003 est.)
note: many Haitians practice elements of voodoo in addition to another religion, most often Roman Catholicism; voodoo was recognized as an official religion in 2003
Age structure:
0-14 years: 32.81% (male 1,740,291/female 1,752,663)
15-24 years: 21.25% (male 1,132,386/female 1,129,844)
25-54 years: 36.78% (male 1,943,683/female 1,972,347)
55-64 years: 5.01% (male 254,352/female 279,431)
65 years and over: 4.15% (male 194,535/female 247,182) (2017 est.)
population pyramid:
Dependency ratios:
total dependency ratio: 62.3
youth dependency ratio: 54.8
elderly dependency ratio: 7.5
potential support ratio: 13.3 (2015 est.)
Median age:
total: 23 years
male: 22.7 years
female: 23.2 years (2017 est.)
country comparison to the world: 173
Population growth rate:
1.34% (2017 est.)
country comparison to the world: 83
Birth rate:
23 births/1,000 population (2017 est.)
country comparison to the world: 66
Death rate:
7.6 deaths/1,000 population (2017 est.)
country comparison to the world: 106
Net migration rate:
-2 migrant(s)/1,000 population (2017 est.)
country comparison to the world: 163
Population distribution:
fairly even distribution; largest concentrations located near coastal areas
Urbanization:
urban population: 60.9% of total population (2017)
rate of urbanization: 2.93% annual rate of change (2015-20 est.)
Major urban areas - population:
PORT-AU-PRINCE (capital) 2.44 million (2015)
Sex ratio:
at birth: 1 male(s)/female
0-14 years: 0.99 male(s)/female
15-24 years: 1 male(s)/female
25-54 years: 0.99 male(s)/female
55-64 years: 0.91 male(s)/female
65 years and over: 0.81 male(s)/female
total population: 0.98 male(s)/female (2017 est.)
Mother's mean age at first birth:
22.7 years
note: median age at first birth among women 25-29 (2012 est.)
Maternal mortality ratio:
359 deaths/100,000 live births (2015 est.)
country comparison to the world: 33
Infant mortality rate:
total: 46.8 deaths/1,000 live births
male: 53.1 deaths/1,000 live births
female: 40.5 deaths/1,000 live births (2017 est.)
country comparison to the world: 36
Life expectancy at birth:
total population: 64.2 years
male: 61.6 years
female: 66.8 years (2017 est.)
country comparison to the world: 188
Total fertility rate:
2.72 children born/woman (2017 est.)
country comparison to the world: 64
Contraceptive prevalence rate:
34.5% (2012)
Health expenditures:
7.6% of GDP (2014)
country comparison to the world: 62
Hospital bed density:
0.7 beds/1,000 population (2013)
Drinking water source:
improved:
urban: 64.9% of population
rural: 47.6% of population
total: 57.7% of population
unimproved:
urban: 35.1% of population
rural: 52.4% of population
total: 42.3% of population (2015 est.)
Sanitation facility access:
improved:
urban: 33.6% of population
rural: 19.2% of population
total: 27.6% of population
unimproved:
urban: 66.4% of population
rural: 80.8% of population
total: 72.4% of population (2015 est.)
HIV/AIDS - adult prevalence rate:
2.1% (2016 est.)
country comparison to the world: 24
HIV/AIDS - people living with HIV/AIDS:
150,000 (2016 est.)
country comparison to the world: 31
HIV/AIDS - deaths:
4,600 (2016 est.)
country comparison to the world: 31
Major infectious diseases:
degree of risk: very high
food or waterborne diseases: bacterial and protozoal diarrhea, hepatitis A and E, and typhoid fever
vectorborne diseases: dengue fever and malaria
note: active local transmission of Zika virus by Aedes species mosquitoes has been identified in this country (as of August 2016); it poses an important risk (a large number of cases possible) among US citizens if bitten by an infective mosquito; other less common ways to get Zika are through sex, via blood transfusion, or during pregnancy, in which the pregnant woman passes Zika virus to her fetus (2016)
Obesity - adult prevalence rate:
22.7% (2016)
country comparison to the world: 73
Children under the age of 5 years underweight:
11.6% (2012)
country comparison to the world: 64
Education expenditures:
NA
Literacy:
definition: age 15 and over can read and write
total population: 60.7%
male: 64.3%
female: 57.3% (2015 est.)

Government

Country name:
conventional long form: Republic of Haiti
conventional short form: Haiti
local long form: Republique d'Haiti/Repiblik d Ayiti
local short form: Haiti/Ayiti
etymology: the native Taino name means "Land of High Mountains" and was originally applied to the entire island of Hispaniola
Government type:
semi-presidential republic
Capital:
name: Port-au-Prince
geographic coordinates: 18 32 N, 72 20 W
time difference: UTC-5 (same time as Washington, DC, during Standard Time)
daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November
Administrative divisions:
10 departments (departements, singular - departement); Artibonite, Centre, Grand'Anse, Nippes, Nord, Nord-Est, Nord-Ouest, Ouest, Sud, Sud-Est
Independence:
1 January 1804 (from France)
National holiday:
Independence Day, 1 January (1804)
Constitution:
many previous (23 total); latest adopted 10 March 1987; amended 2012 (2016)
Legal system:
civil law system strongly influenced by Napoleonic Code
International law organization participation:
accepts compulsory ICJ jurisdiction; non-party state to the ICCt
Citizenship:
citizenship by birth: no
citizenship by descent only: at least one parent must be a native-born citizen of Haiti
dual citizenship recognized: no
residency requirement for naturalization: 5 years
Suffrage:
18 years of age; universal
Executive branch:
chief of state: President Jovenel MOISE (since 7 February 2017)
head of government: Prime Minister Dr. Jack Guy LAFONTANT (since 21 March 2017)
cabinet: Cabinet chosen by the prime minister in consultation with the president; parliament must ratify the Cabinet and Prime Minister's governing policy
elections/appointments: president directly elected by absolute majority popular vote in 2 rounds if needed for a 5-year term (eligible for a single non-consecutive term); last election originally scheduled for 9 October 2016 but postponed to 20 November 2016 due to Hurricane Matthew
election results: Jovenel MOISE elected president in first round; percent of vote - Jovenel MOISE (PHTK) 55.6%, Jude CELESTIN (LAPEH) 19.6%, Jean-Charles MOISE (PPD) 11%, Maryse NARCISSE (FL) 9%; other 4.8%
Legislative branch:
description: bicameral legislature or le Corps Legislatif ou parlement consists of le Senat or Senate (30 seats; members directly elected in multi-seat constituencies by absolute majority vote in 2 rounds if needed; members serve 6-year terms with one-third of the membership renewed every 2 years) and la Chambre de deputes or Chamber of Deputies (118 seats; members directly elected in single-seat constituencies by absolute majority vote in 2 rounds if needed; members serve 4-year terms); note - when the 2 chambers meet collectively it is known as L'Assemblee Nationale or the National Assembly and is convened for specific purposes spelled out in the constitution
elections: Senate - last held on 9 August 2015 with run-off election on 25 October 2015 (next possible election in 2017); Chamber of Deputies - last held on 9 August 2015 with run-off election on 25 October 2015 (next regular election may be held in 2017)
election results: Senate - percent of vote by party - NA; seats by party - NA; Chamber of Deputies - percent of vote by party - NA; seats by party - NA
Judicial branch:
highest court(s): Supreme Court or Cour de Cassation (consists of a chief judge and other judges); note - Haiti is a member of the Caribbean Court of Justice
judge selection and term of office: judges appointed by the president from candidate lists submitted by the Senate of the National Assembly; note - Article 174 of the Haiti Constitution states that judges of the Supreme Court are appointed for 10 years, whereas Article 177 states that judges of the Supreme Court are appointed for life
subordinate courts: Courts of Appeal; Courts of First Instance; magistrates' courts; special courts
Political parties and leaders:
Alternative League for Haitian Progress and Empowerment or LAPEH [Jude CELESTIN]
Christian Movement for a New Haiti or MCNH [Luc MESADIEU]
Christian National Movement for the Reconstruction of Haiti or UNCRH [Chavannes JEUNE]
Convention for Democratic Unity or KID [Evans PAUL]
Cooperative Action to Rebuild Haiti or KONBA [Jean William JEANTY]
December 16 Platform or Platfom 16 Desanm [Dr. Gerard BLOT]
Democratic Alliance Party or ALYANS [Evans PAUL] (coalition includes KID and PPRH)
Democratic Centers' National Council or CONACED [Osner FEVRY]
Dessalinian Patriotic and Popular Movement or MOPOD [Jean Andre VICTOR]
Effort and Solidarity to Create an Alternative for the People or ESKAMP [Joseph JASME]
Fanmi Lavalas or FL [Jean-Bertrand ARISTIDE]
For Us All or PONT [Jean-Marie CHERESTAL]
Fusion of Haitian Social Democrats or FHSD [Edmonde Supplice BEAUZILE]
Grouping of Citizens for Hope or RESPE [Charles-Henri BAKER]
Haitians for Haiti [Yvon NEPTUNE]
Haitian Tet Kale Party or PHTK [Ann Valerie Timothee MILFORT]
Haiti in Action or AAA [Youri LATORTUE]
Independent Movement for National Reconstruction or MIRN [Luc FLEURINORD]
Konbit Pou refe Ayiti or KONBIT
Lavni Organization or LAVNI [Yves CRISTALIN]
Liberal Party of Haiti or PLH [Jean Andre VICTOR]
Love Haiti or Renmen Ayiti [Jean-Henry CEANT and Camille LEBLANC]
Mobilization for National Development or MDN [Hubert de RONCERAY]
New Christian Movement for a New Haiti or MOCHRENA [Luc MESADIEU]
Organization for the Advancement of Haiti and Haitians or OLAHH
Party for the Integral Advancement of the Haitian People or PAIPH
Patriotic Unity or IP [Marie Denise CLAUDE]
Peasant's Response or Repons Peyizan [Michel MARTELLY]
Platform Alternative for Progress and Democracy or ALTENATIV [Victor BENOIT and Evans PAUL]
Platform of Haitian Patriots or PLAPH [Dejean BELISAIRE and Himmler REBU]
Platform Pitit Desaline or PPD [Jean-Charles MOISE]
Pont
Popular Party for the Renewal of Haiti or PPRH [Claude ROMAIN]
PPG18
Rally of Progressive National Democrats or RDNP [Mirlande MANIGAT]
Renmen Ayiti or RA [Jean-Henry CEANT]
Reseau National Bouclier or BOUCLIER
Respect or RESPE
Strength in Unity or Ansanm Nou Fo [Leslie VOLTAIRE]
Struggling People's Organization or OPL [Jacques-Edouard ALEXIS]
Truth (Verite)
Union [Chavannes JEUNE]
Unity or Inite [Levaillant LOUIS-JEUNE] (coalition that includes Front for Hope or L'ESPWA)
Vigilance or Veye Yo [Lavarice GAUDIN]
Political pressure groups and leaders:
Haitian Self-Employed Workers Union or CATH [Fignole ST-CYR]
Confederation of Haitian Workers or CTH
Private Sector Economic Forum or PSEF [Reginald BOULOS]
Federation of Workers Trade Unions or FOS
General Organization of Independent Haitian Workers or OGITH [Patrick NUMAS]
Grand-Anse Resistance Committee or KOREGA
Haitian Association of Industries or ADIH [Georges SASSINE]
National Popular Assembly or APN
Papaye Peasants Movement or MPP [Chavannes JEAN-BAPTISTE]
Popular Organizations Gathering Power or PROP
Protestant Federation of Haiti
Roman Catholic Church
International organization participation:
ACP, AOSIS, Caricom, CD, CDB, CELAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC (NGOs), ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ITSO, ITU, ITUC (NGOs), LAES, MIGA, NAM, OAS, OIF, OPANAL, OPCW, PCA, Petrocaribe, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO
Diplomatic representation in the US:
chief of mission: Ambassador Paul Getty ALTIDOR (since 2 May 2012)
chancery: 2311 Massachusetts Avenue NW, Washington, DC 20008
telephone: [1] (202) 332-4090
FAX: [1] (202) 745-7215
consulate(s) general: Atlanta, Boston, Chicago, Miami, Orlando (FL), New York, San Juan (Puerto Rico)
Diplomatic representation from the US:
chief of mission: Ambassador (vacant); Charge d'Affaires Robin DIALLO (since August 2017)
embassy: Tabarre 41, Route de Tabarre, Port-au-Prince
mailing address: (in Haiti) P.O. Box 1634, Port-au-Prince, Haiti; (from abroad) 3400 Port-au-Prince, State Department, Washington, DC 20521-3400
telephone: [509] 2229-8000
FAX: [509] 229-8028
Flag description:
two equal horizontal bands of blue (top) and red with a centered white rectangle bearing the coat of arms, which contains a palm tree flanked by flags and two cannons above a scroll bearing the motto L'UNION FAIT LA FORCE (Union Makes Strength); the colors are taken from the French Tricolor and represent the union of blacks and mulattoes
National symbol(s):
Hispaniolan trogon (bird), hibiscus flower; national colors: blue, red
National anthem:
name: "La Dessalinienne" (The Dessalines Song)
lyrics/music: Justin LHERISSON/Nicolas GEFFRARD
note: adopted 1904; named for Jean-Jacques DESSALINES, a leader in the Haitian Revolution and first ruler of an independent Haiti

Economy

Economy - overview:
Haiti is a free market economy with low labor costs and tariff-free access to the US for many of its exports. Two-fifths of all Haitians depend on the agricultural sector, mainly small-scale subsistence farming, which remains vulnerable to damage from frequent natural disasters. Poverty, corruption, vulnerability to natural disasters, and low levels of education for much of the population represent some of the most serious impediments to Haiti’s economic growth. Remittances are the primary source of foreign exchange, equivalent to more than a quarter of GDP, and nearly double the combined value of Haitian exports and foreign direct investment.
Currently the poorest country in the Western Hemisphere, with close to 60% of the population living under the national poverty line, Haiti’s GDP growth rose to 5.5% in 2011 as the Haitian economy began recovering from the devastating January 2010 earthquake that destroyed much of its capital city, Port-au-Prince, and neighboring areas. However, growth slowed to below 2% in 2015 and 2016 as political uncertainty, drought conditions, decreasing foreign aid, and the depreciation of the national currency took a toll on investment and economic growth. Hurricane Matthew, the fiercest Caribbean storm in nearly a decade, made landfall in Haiti on 4 October 2016, with 140 mile-per-hour winds, creating a new humanitarian emergency. An estimated 2.1 million people were affected by the category 4 storm, which caused extensive damage to crops, houses, livestock, and infrastructure across Haiti’s southern peninsula.
US economic engagement under the Caribbean Basin Trade Partnership Act (CBTPA) and the 2008 Haitian Hemispheric Opportunity through Partnership Encouragement Act (HOPE II) have contributed to an increase in apparel exports and investment by providing duty-free access to the US. The Haiti Economic Lift Program (HELP) Act of 2010 extended the CBTPA and HOPE II until 2020, while the Trade Preferences Extension Act of 2015 extended trade benefits provided to Haiti in the HOPE and HELP Acts through September 2025. Apparel sector exports in 2016 reached approximately $850 million and account for over 90% of Haitian exports and more than 10% of the GDP.
Investment in Haiti is hampered by the difficulty of doing business and weak infrastructure, including access to electricity. Haiti's outstanding external debt was cancelled by donor countries following the 2010 earthquake, but has since risen to $2.6 billion as of December 2017, the majority of which is owed to Venezuela under the PetroCaribe program. Although the government has increased its revenue collection, it continues to rely on formal international economic assistance for fiscal sustainability, with over 20% of its annual budget coming from foreign aid or direct budget support.
GDP (purchasing power parity):
$19.88 billion (2017 est.)
$19.69 billion (2016 est.)
$19.41 billion (2015 est.)
note: data are in 2017 dollars
country comparison to the world: 149
GDP (official exchange rate):
$8.36 billion (2017 est.)
GDP - real growth rate:
1% (2017 est.)
1.4% (2016 est.)
1.2% (2015 est.)
country comparison to the world: 183
GDP - per capita (PPP):
$1,800 (2017 est.)
$1,800 (2016 est.)
$1,800 (2015 est.)
note: data are in 2017 dollars
country comparison to the world: 213
Gross national saving:
28.2% of GDP (2017 est.)
29.3% of GDP (2016 est.)
29.3% of GDP (2015 est.)
country comparison to the world: 33
GDP - composition, by end use:
household consumption: 99.1%
government consumption: 10%
investment in fixed capital: 32.6%
investment in inventories: -1.4%
exports of goods and services: 20%
imports of goods and services: -60.3%
note: figure for household consumption also includes government consumption (2016 est.)
GDP - composition, by sector of origin:
agriculture: 21.9%
industry: 20.8%
services: 57.3% (2017 est.)
Agriculture - products:
coffee, mangoes, cocoa, sugarcane, rice, corn, sorghum; wood, vetiver
Industries:
textiles, sugar refining, flour milling, cement, light assembly using imported parts
Industrial production growth rate:
4% (2017 est.)
country comparison to the world: 65
Labor force:
4.594 million
note: shortage of skilled labor, unskilled labor abundant (2014 est.)
country comparison to the world: 89
Labor force - by occupation:
agriculture: 38.1%
industry: 11.5%
services: 50.4% (2010 est.)
Unemployment rate:
40.6% (2010 est.)
note: widespread unemployment and underemployment; more than two-thirds of the labor force do not have formal jobs
country comparison to the world: 213
Population below poverty line:
58.5% (2012 est.)
Household income or consumption by percentage share:
lowest 10%: 0.7%
highest 10%: 47.7% (2001 est.)
Distribution of family income - Gini index:
60.8 (2012 est.)
59.2 (2001 est.)
country comparison to the world: 4
Budget:
revenues: $1.58 billion
expenditures: $2.251 billion (2017 est.)
Taxes and other revenues:
18.9% of GDP (2017 est.)
country comparison to the world: 162
Budget surplus (+) or deficit (-):
-8% of GDP (2017 est.)
country comparison to the world: 197
Public debt:
33.5% of GDP (2016 est.)
30.2% of GDP (2015 est.)
country comparison to the world: 150
Fiscal year:
1 October - 30 September
Inflation rate (consumer prices):
14.7% (2017 est.)
13.4% (2016 est.)
country comparison to the world: 212
Commercial bank prime lending rate:
14% (31 December 2017 est.)
13.23% (31 December 2016 est.)
country comparison to the world: 50
Stock of narrow money:
$1.258 billion (31 December 2017 est.)
$1.049 billion (31 December 2016 est.)
country comparison to the world: 150
Stock of broad money:
$2.155 billion (31 December 2017 est.)
$1.742 billion (31 December 2016 est.)
country comparison to the world: 155
Stock of domestic credit:
$3.178 billion (31 December 2017 est.)
$2.253 billion (31 December 2016 est.)
country comparison to the world: 138
Market value of publicly traded shares:
$NA
Current account balance:
$-91 million (2017 est.)
$-72 million (2016 est.)
country comparison to the world: 78
Exports:
$960.1 million (2017 est.)
$995 million (2016 est.)
country comparison to the world: 160
Exports - commodities:
apparel, manufactures, oils, cocoa, mangoes, coffee
Exports - partners:
US 80.8%, Dominican Republic 5.1% (2016)
Imports:
$3.621 billion (2017 est.)
$3.183 billion (2016 est.)
country comparison to the world: 136
Imports - commodities:
food, manufactured goods, machinery and transport equipment, fuels, raw materials
Imports - partners:
US 19.3%, China 18.9%, Netherlands Antilles 18.1%, Indonesia 6.5%, Colombia 4.8% (2016)
Reserves of foreign exchange and gold:
$2.044 billion (31 December 2017 est.)
$2.11 billion (31 December 2016 est.)
country comparison to the world: 119
Debt - external:
$2.607 billion (31 December 2017 est.)
$2.17 billion (31 December 2016 est.)
country comparison to the world: 148
Stock of direct foreign investment - at home:
$1.46 billion (31 December 2017 est.)
$1.37 billion (31 December 2016 est.)
country comparison to the world: 117
Exchange rates:
gourdes (HTG) per US dollar -
65.21 (2017 est.)
63.34 (2016 est.)
63.34 (2015 est.)
50.71 (2014 est.)
45.22 (2013 est.)

Energy

Electricity access:
population without electricity: 7,400,000
electrification - total population: 38%
electrification - urban areas: 72%
electrification - rural areas: 15% (2013)
Electricity - production:
979.7 million kWh (2015 est.)
country comparison to the world: 152
Electricity - consumption:
371.7 million kWh (2015 est.)
country comparison to the world: 177
Electricity - exports:
0 kWh (2016 est.)
country comparison to the world: 148
Electricity - imports:
0 kWh (2016 est.)
country comparison to the world: 160
Electricity - installed generating capacity:
313,000 kW (2016 est.)
country comparison to the world: 156
Electricity - from fossil fuels:
80.9% of total installed capacity (2015 est.)
country comparison to the world: 84
Electricity - from nuclear fuels:
0% of total installed capacity (2015 est.)
country comparison to the world: 106
Electricity - from hydroelectric plants:
18.8% of total installed capacity (2015 est.)
country comparison to the world: 94
Electricity - from other renewable sources:
0.3% of total installed capacity (2015 est.)
country comparison to the world: 158
Crude oil - production:
0 bbl/day (2016 est.)
country comparison to the world: 147
Crude oil - exports:
0 bbl/day (2014 est.)
country comparison to the world: 135
Crude oil - imports:
0 bbl/day (2014 est.)
country comparison to the world: 138
Crude oil - proved reserves:
0 bbl (1 January 2017 est.)
country comparison to the world: 146
Refined petroleum products - production:
0 bbl/day (2014 est.)
country comparison to the world: 155
Refined petroleum products - consumption:
19,000 bbl/day (2015 est.)
country comparison to the world: 140
Refined petroleum products - exports:
0 bbl/day (2014 est.)
country comparison to the world: 165
Refined petroleum products - imports:
19,020 bbl/day (2014 est.)
country comparison to the world: 120
Natural gas - production:
0 cu m (2013 est.)
country comparison to the world: 147
Natural gas - consumption:
0 cu m (2013 est.)
country comparison to the world: 192
Natural gas - exports:
0 cu m (2013 est.)
country comparison to the world: 119
Natural gas - imports:
0 cu m (2013 est.)
country comparison to the world: 137
Natural gas - proved reserves:
0 cu m (1 January 2014 est.)
country comparison to the world: 150
Carbon dioxide emissions from consumption of energy:
2.1 million Mt (2013 est.)
country comparison to the world: 148

Communications

Telephones - fixed lines:
total subscriptions: 5,692
subscriptions per 100 inhabitants: less than 1 (July 2016 est.)
country comparison to the world: 205
Telephones - mobile cellular:
total: 6,504,010
subscriptions per 100 inhabitants: 61 (July 2016 est.)
country comparison to the world: 110
Telephone system:
general assessment: telecommunications infrastructure is among the least-developed in Latin America and the Caribbean; domestic cell service is functional
domestic: mobile-cellular telephone services have expanded greatly in the last five years due to low-cost GSM phones and pay-as-you-go plans; mobile-cellular teledensity is over 60 per 100 persons
international: country code - 509; satellite earth station - 1 Intelsat (Atlantic Ocean) (2016)
Broadcast media:
130 television stations throughout the country, including 1 government-owned; cable TV subscription service available; 495 radio stations (of them, only 135 are licensed), including 1 government-owned; more than 250 private and community radio stations; over 50 FM stations in Port-au-Prince alone (2015)
Internet country code:
.ht
Internet users:
total: 1,282,686
percent of population: 12.2% (July 2016 est.)
country comparison to the world: 129

Transportation

National air transport system:
number of registered air carriers: 1
inventory of registered aircraft operated by air carriers: 1 (2015)
Civil aircraft registration country code prefix:
HH (2016)
Airports:
14 (2013)
country comparison to the world: 148
Airports - with paved runways:
total: 4
2,438 to 3,047 m: 2
914 to 1,523 m: 2 (2017)
Airports - with unpaved runways:
total: 10
914 to 1,523 m: 2
under 914 m: 8 (2013)
Roadways:
total: 4,266 km
paved: 768 km
unpaved: 3,498 km (2009)
country comparison to the world: 155
Merchant marine:
total: 4
by type: general cargo 3, other 1 (2017)
country comparison to the world: 166
Ports and terminals:
major seaport(s): Cap-Haitien, Gonaives, Jacmel, Port-au-Prince

Military & Security

Military branches:
the Haitian Armed Forces (FAdH), disbanded in 1995, began to be reconstituted in 2017 to assist with natural disaster relief, border security, and development projects; small Coast Guard (2018)

Transnational Issues

Disputes - international:
since 2004, peacekeepers from the UN Stabilization Mission in Haiti have assisted in maintaining civil order in Haiti; the mission currently includes 6,685 military, 2,607 police, and 443 civilian personnel; despite efforts to control illegal migration, Haitians cross into the Dominican Republic and sail to neighboring countries; Haiti claims US-administered Navassa Island
Refugees and internally displaced persons:
IDPs: 37,667 (includes only IDPs from the 2010 earthquake living in camps or camp-like situations; information is lacking about IDPs living outside of camps or who have left camps) (2017)
stateless persons: 2,302 (2016)
note: stateless persons are individuals without a nationality who were born in the Dominican Republic prior to January 2010
Trafficking in persons:
current situation: Haiti is a source, transit, and destination country for men, women, and children subjected to forced labor and sex trafficking; most of Haiti’s trafficking cases involve children in domestic servitude vulnerable to physical and sexual abuse; dismissed and runaway child domestic servants often end up in prostitution, begging, or street crime; other exploited populations included low-income Haitians, child laborers, and women and children living in IDP camps dating to the 2010 earthquake; Haitian adults are vulnerable to fraudulent labor recruitment abroad and, along with children, may be subjected to forced labor in the Dominican Republic, elsewhere in the Caribbean, South America, and the US; Dominicans are exploited in sex trafficking and forced labor in Haiti
tier rating: Tier 2 Watch List – Haiti does not fully comply with the minimum standards for the elimination of trafficking; however, it is making significant efforts to do so; in 2014, Haiti was granted a waiver from an otherwise required downgrade to Tier 3 because its government has a written plan that, if implemented would constitute making significant efforts to bring itself into compliance with the minimum standards for the elimination of trafficking; in 2014, Haiti developed a national anti-trafficking action plan and enacted a law prohibiting all forms of human trafficking, although judicial corruption hampered its implementation; progress was made in investigating and prosecuting suspected traffickers, but no convictions were made; the government sustained limited efforts to identify and refer victims to protective services, which were provided mostly by NGOs without government support; campaigns to raise awareness about child labor and child trafficking continued (2015)
Illicit drugs:
Caribbean transshipment point for cocaine en route to the US and Europe; substantial bulk cash smuggling activity; Colombian narcotics traffickers favor Haiti for illicit financial transactions; pervasive corruption; significant consumer of cannabis

Economic Indicators for Haiti including actual values, historical data, and latest data updates for the Haiti economy.