GDP in Haiti

Haiti GDP | Economic News & Forecasts

Haiti - GDP

Social unrest and a devastating hurricane dented growth in 2016. Preliminary data show that GDP grew a modest 1.4% in annual terms last year, matching FocusEconomics’ Consensus Forecast and coming in slightly above 2015’s five-year low. The mild acceleration was underpinned by a rebound in the agricultural sector, which grew for the first time since 2009, while growth in manufacturing and services slowed considerably, largely due to the country’s political crisis. Reconstruction costs from the Category Four hurricane that struck the country in October has been estimated to amount to over 25% of GDP, according to a Central Bank study. The agricultural sector was hard-hit, which suggests that last year’s gains in agricultural output could be lost.

Haiti - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)5.5  2.9  4.2  2.8  1.7  

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Haiti GDP Chart

Haiti GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Haiti Central Bank and FocusEconomics calculations.

Haiti Facts

Exchange Rate65.960.0 %Jan 20

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