Consumption in Haiti

Haiti Consumption | Economic News & Forecasts

Haiti - Consumption

The economy remains in the doldrums heading into the final quarter of the year. Compounding the uncertainty arising from President Moïse’s assassination on 7 July came an earthquake on 14 August. A subsequent storm and widespread gang violence have since hindered rescue and recovery efforts. Moreover, the political crisis has worsened in recent weeks. In mid-September, Prime Minister Ariel Henry fired the justice minister and the chief public prosecutor, following the latter’s request that the PM be charged with involvement in the president’s assassination. Later in the month, Henry delayed elections and a referendum to modify the constitution—which could grant the presidency greater power—until next year. Amid the ongoing economic calamity and a large revenue shortfall, the government recently slashed its spending projections in an amended FY 2021 budget.

Haiti - Consumption Data

2015   2016   2017   2018   2019  
Consumption (annual variation in %)2.3  1.2  2.7  1.2  -     

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Haiti Consumption Chart

Haiti Consumption
Note: Annual variation of total consumption in %.
Source: Haiti Central Bank and FocusEconomics calculations.

Haiti Facts

Value Change Date
Exchange Rate87.66-1.13 %Jan 01

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