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ECON FACTBOOK

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Economy of Haiti

Population: 10.3 million in 20131

GDP: $8.5 billion in 20132

GDP per capita: $820 nominal3 ($1,703 PPP4) in 2013

GDP growth rate: 4.3% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Construction1,73924.9%
Agriculture, hunting, forestry, fishing1,39019.9%
Wholesale, retail trade, restaurants and hotels1,28118.4%
Other activities99514.3%
Transport, storage and communication84912.2%
Manufacturing6649.5%
Mining and utilities630.9%
Total value added6,981100%

Employment

Unemployment rate: 7.0% in 20137

Employment by Industry 8

Employment sectorPercent of total
Services50%
Agriculture38%
Industry12%
Total100%

Corporations

Top 10 Corporations by Revenue 20139

N/A

Households

Household Wealth: $22 billion (259% of GDP) in 201410

Household Wealth per Adult: $3,778 in 201410

Gini Coefficient: .592 in 201311

Government

Central Government

Central Government Revenue: $2.0 billion (24% of GDP) in 201312

Central Government Expenditure: $2.4 billion (28% of GDP) in 201312

Central Government Budget Balance: -$0.4 billion (-4% of GDP) in 201312

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds: N/A

Corporate Tax Rate: N/A

Monetary Policy

Money Supply (M1): $1.8 billion (22% of GDP) in 2013* 13

Benchmark Interest Rate: Repurchase Rate = 12.00% in Jan 201514

Total Reserves: $1.8 billion (22% of GDP) in 201315

Exchange Rate: 47.0 Haitian Gourde = 1 U.S. Dollar on Feb 18, 201516

Inflation: 5.9% in 201317

* Money supply calculated using the exchange rate 47.0 HTG = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 201318

N/A (data not available at Relbanks.com)

International Accounts

Exports: $0.9 billion (10% of GDP) in 201319

Imports: $2.7 billion (32% of GDP) in 201319

Trade Balance: -$1.8 billion (-22% of GDP) in 201319

Foreign Direct Investment Inflow: $0.2 billion (2% of GDP) in 201320

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $1.3 billion (15% of GDP) in 201221

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: World Bank Indicators (Money supply) Go back
14. Source: Banque de la Republique d'Haiti, Interest rates on the money market, Mise en pension (Benchmark interest rate) Go back
15. Source: World Bank Indicators (Total reserves) Go back
16. Source: xe.com (Exchange rate) Go back
17. Source: World Bank Indicators (Inflation rate) Go back
18. Source: Relbanks.com (Financial institutions by assets) Go back
19. Source: CIA World Factbook (Trade data) Go back
20. Source: World Bank Indicators (FDI data) Go back
21. Source: World Bank Indicators (Aid data) Go back