Current Account in Haiti

Haiti Current Account | Economic News & Forecasts

Haiti - Current Account

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 - Current Account Data

2015   2016   2017   2018   2019  
Current Account (% of GDP)-8.6  -5.5  -7.6  -7.4  -     

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Haiti Current Account Chart


Haiti Current Account
Note: Current account balance as % of GDP.
Source: Haiti Central Bank and FocusEconomics calculations.

Haiti Facts

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

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