Investment in Haiti

Haiti Investment | Economic News & Forecasts

Haiti - Investment

The economy shrank 6.1% year-on-year in Q2, according to the Statistical Institute’s economic activity indicator. The contraction was broad-based, with the manufacturing sector suffering a particularly sharp decline. Turning to Q3, momentum appeared to improve, as measures introduced to curb the spread of Covid-19 were lifted in July. Moreover, remittances surged in July and August, which likely supported private consumption, while better weather conditions should have aided agricultural output. Turning to Q4, the recent rapid appreciation of the gourde, caused by Central Bank interventions, is having mixed effects: While many citizens are benefiting from lower price pressures, exporters and those relying on remittances are suffering. In other news, sociopolitical instability rose in October amid violent protests in the capital and President Moïse’s proposal for a new constitution.

Haiti - Investment Data

2015   2016   2017   2018   2019  
Investment (annual variation in %)3.6  1.1  0.9  2.3  -     

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Haiti Investment Chart

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

Haiti Facts

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

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