[see also: Market value of publicly traded shares country ranks ], Current account balance: (31 December 2017 est.) )country comparison to the world: )country comparison to the world: )country comparison to the world: services: 50.4% (2017 est.) 24.9% of GDP )country comparison to the world: )country comparison to the world: [see also: Stock of narrow money country ranks ] 211 (2016 est. [see also: GDP - composition, by sector of origin - services country ranks ] (2016 est. Market value of publicly traded shares: 29.5% of GDP $3.183 billion $1.049 billion 151 215 Stock of direct foreign investment - at home: Imports: 65.21 (31 December 2017 est.) )country comparison to the world: [see also: Reserves of foreign exchange and gold country ranks ] US economic engagement under the Caribbean Basin Trade Partnership Act (CBTPA) and the 2008 Haitian Hemispheric Opportunity through Partnership Encouragement Act (HOPE II) have contributed to an increase in apparel exports and investment by providing duty-free access to the US. 13.4% (31 December 2017 est.) $2.361 billion (2017) 59.2 GDP - composition, by end use: 4 [see also: Budget surplus (+) or deficit (-) country ranks ] Stock of narrow money: )country comparison to the world: Exports - partners: US 80.6%, Dominican Republic 4.9% (2017 est.) (2017) )country comparison to the world: Haiti's major trading partner is the United States (US), which provides the country with preferential trade access to the US market through the Haiti Hemispheric Opportunity through Partnership Encouragement (HOPE) and the Haiti Economic Lift Program Encouragement Acts (HELP) legislation. [see also: Stock of domestic credit country ranks ] $3.618 billion (31 December 2016 est. (2017 est. (31 December 2016 est. Hurricane Matthew, the fiercest Caribbean storm in nearly a decade, made landfall in Haiti on 4 October 2016, with 140 mile-per-hour winds, creating a new humanitarian emergency. )country comparison to the world: Taxes and other revenues: 18.2% (of GDP) [see also: Household income or consumption by percentage share - highest 10% country ranks ] (31 December 2017 est.) (31 December 2017 est.) (31 December 2016 est. Budget: $3.618 billion (31 December 2016 est. )country comparison to the world: (2015 est.) (2013 est. Commercial bank prime lending rate: $1.049 billion 151 (2017 est.) 13.1% (2015 est.) [see also: Stock of broad money country ranks ] Haiti is a free market economy with low labor costs and tariff-free access to the US for many of its exports. Exports - partners: US 80.6%, Dominican Republic 4.9% note: widespread unemployment and underemployment; more than two-thirds of the labor force do not have formal jobscountry comparison to the world: [see also: Labor force country ranks ] 63.34 [see also: Distribution of family income - Gini index country ranks ] (2013 est. 117 79 63.34 33.9% of GDP )country comparison to the world: $1.273 billion [see also: Stock of broad money country ranks ] 156 )country comparison to the world: (2017 est.) Haiti's outstanding external debt was cancelled by donor countries following the 2010 earthquake, but has since risen to $2.6 billion as of December 2017, the majority of which is owed to Venezuela under the PetroCaribe program. [see also: Current account balance country ranks ] )country comparison to the world: 163 60.8 [see also: GDP - composition, by sector of origin - industry country ranks ] 63.34 164 (2017 est.) Imports - partners: US 20.7%, China 18.8%, Netherlands Antilles 15.7%, Indonesia 8.5% [see also: Commercial bank prime lending rate country ranks ] Household income or consumption by percentage share: 63.34 65.21 [see also: Household income or consumption by percentage share - highest 10% country ranks ] Current account balance: [see also: Imports country ranks ] )country comparison to the world: (31 December 2016 est. 144 GDP - composition, by sector of origin: )country comparison to the world: Stock of broad money: (31 December 2016 est. Imports - partners: US 20.7%, China 18.8%, Netherlands Antilles 15.7%, Indonesia 8.5% )country comparison to the world: Fiscal year: 1 October - 30 September [see also: Commercial bank prime lending rate country ranks ] 63.34 $1.37 billion [see also: GDP - composition, by sector of origin - industry country ranks ] [see also: Budget - revenues country ranks ] 31.1% of GDP note: data are in 2017 dollarscountry comparison to the world: Haiti is a free market economy with low labor costs and tariff-free access to the US for many of its exports. (31 December 2017 est.) [see also: Taxes and other revenues country ranks ] 1.5% (2017 est.) $3.112 billion )country comparison to the world: )country comparison to the world: Imports: Market value of publicly traded shares: [see also: Inflation rate (consumer prices) country ranks ] Exports - commodities: apparel, manufactures, oils, cocoa, mangoes, coffee )country comparison to the world: (2016 est.) Exchange rates: gourdes (HTG) per US dollar - Haiti is a free market economy with low labor costs and tariff-free access to the US for many of its exports. $1.273 billion (2016 est. 211 US economic engagement under the Caribbean Basin Trade Partnership Act (CBTPA) and the 2008 Haitian Hemispheric Opportunity through Partnership Encouragement Act (HOPE II) have contributed to an increase in apparel exports and investment by providing duty-free access to the US. 161 1.2% (31 December 2016 est. 138 (2017 est.) (2015 est.) 33.9% of GDP $2.17 billion $2.11 billion [see also: Taxes and other revenues country ranks ] (2017) 63.34 note: widespread unemployment and underemployment; more than two-thirds of the labor force do not have formal jobscountry comparison to the world: -$83 million )country comparison to the world: (2017) (31 December 2016 est. Exports - commodities: apparel, manufactures, oils, cocoa, mangoes, coffee [see also: Labor force - by occupation - industry country ranks ] (31 December 2016 est. (2017 est.) $1.46 billion 79, country comparison to the world: 213 [see also: Inflation rate (consumer prices) country ranks ] [see also: Budget surplus (+) or deficit (-) country ranks ] $3.183 billion household consumption: 99.1% $2.11 billion expenditures: 1.65 billion (2016 est. (2017), Exports - commodities: apparel, manufactures, oils, cocoa, mangoes, coffee, Imports: 31.1% of GDP )country comparison to the world: (2016 est.) 50.71 )country comparison to the world: [see also: Stock of domestic credit country ranks ] Current account balance: agriculture: 38.1% revenues: 1.567 billion $2.253 billion 63.34 )country comparison to the world: (31 December 2016 est. (2017 est.) $1.37 billion In the short term, President Moïse announced emergency policy measures to address state corruption and improve the quality of public spending. )country comparison to the world: )country comparison to the world: [see also: Market value of publicly traded shares country ranks ] 108 [see also: Labor force - by occupation - services country ranks ] [see also: Debt - external country ranks ] (2016 est.) 45.22 144 $1.049 billion Stock of direct foreign investment - at home: [see also: Unemployment rate country ranks ] 108 50.71 )country comparison to the world: No claims are made regarding the accuracy of Haiti Economy 2019 information contained here. $1.273 billion $3.112 billion Office Information. (2015 est.) )country comparison to the world: 108 (2017 est. Budget: President Jovenel Moïse is refusing to resign, there is … Imports - commodities: food, manufactured goods, machinery and transport equipment, fuels, raw materials Exchange rates: gourdes (HTG) per US dollar - 63.34 Stock of direct foreign investment - at home: [see also: Labor force - by occupation - industry country ranks ] Exports - commodities: apparel, manufactures, oils, cocoa, mangoes, coffee Population below poverty line: 58.5% Imports - commodities: food, manufactured goods, machinery and transport equipment, fuels, raw materials services: 50.4% )country comparison to the world: [see also: Public debt country ranks ] The World Bank predicts that gross domestic product will grow at a rate of 0.4 percent in 2019. NA Commercial bank prime lending rate: 144 [see also: Current account balance country ranks ] [see also: Labor force - by occupation - services country ranks ] )country comparison to the world: 63.34 108 Imports - commodities: food, manufactured goods, machinery and transport equipment, fuels, raw materials (2017 est.) Budget surplus (+) or deficit (-): -1% (of GDP) 29.3% of GDP $3.618 billion )country comparison to the world: $1.37 billion (31 December 2017 est.) [see also: GDP - composition, by end use - investment in fixed capital country ranks ] (31 December 2016 est. (2016 est. (2017 est.) )country comparison to the world: [see also: Inflation rate (consumer prices) country ranks ] (2017 est. )country comparison to the world: [see also: GDP - composition, by sector of origin - agriculture country ranks ] [see also: Labor force - by occupation - services country ranks ] 45.22 117 (2017) )country comparison to the world: ), Labor force - by occupation: 117 Public debt: Read about the latest political, social, economic and cultural news events taking place across Haiti. (2017) $1.273 billion (2017 est.) Population below poverty line: 58.5% (31 December 2017 est.) $19.97 billion note: data are in 2017 dollarscountry comparison to the world: [see also: Debt - external country ranks ] (2017 est. Agriculture - products: coffee, mangoes, cocoa, sugarcane, rice, corn, sorghum; wood, vetiver Market value of publicly traded shares: [see also: GDP - composition, by end use - investment in inventories country ranks ] (2012) (2012) (2017 est.) )country comparison to the world: (2016 est. $2.11 billion (2017 est.) Reserves of foreign exchange and gold: [see also: Budget surplus (+) or deficit (-) country ranks ] Stock of domestic credit: (31 December 2016 est. 164 services: 57.6% )country comparison to the world: Imports: (2014 est.) [see also: Population below poverty line country ranks ] 63.34 [see also: Stock of narrow money country ranks ] )country comparison to the world: $1,800 [see also: Stock of domestic credit country ranks ] $1.37 billion [see also: Population below poverty line country ranks ], Household income or consumption by percentage share: 161 Reserves of foreign exchange and gold: 65.21 164 (31 December 2016 est. [see also: Labor force - by occupation - services country ranks ], Unemployment rate: (2016 est. [see also: Imports country ranks ] $2.253 billion (2016 est. [see also: Current account balance country ranks ] (31 December 2017 est.) GDP - composition, by sector of origin: 144 Debt - external: [see also: Exports country ranks ] (2014 est.) )country comparison to the world: [see also: Debt - external country ranks ] Budget surplus (+) or deficit (-): -1% (of GDP) industry: 20.3% $1,800 $2.17 billion (31 December 2016 est. ), Fiscal year: 1 October - 30 September, Inflation rate (consumer prices): (2017 est.) Fiscal year: 1 October - 30 September Current account balance: )country comparison to the world: Exchange rates: gourdes (HTG) per US dollar - [see also: Stock of narrow money country ranks ] (2016 est. (2016 est. Stock of broad money: GDP - composition, by sector of origin: )country comparison to the world: Debt - external: [see also: Reserves of foreign exchange and gold country ranks ] note: shortage of skilled labor; unskilled labor abundantcountry comparison to the world: [see also: Stock of direct foreign investment - at home country ranks ] (2017 est. 144 )country comparison to the world: $2.11 billion 13.4% Exchange rates: gourdes (HTG) per US dollar - (31 December 2016 est. (2001)country comparison to the world: (2016 est. (2017 est.) (31 December 2017 est.) [see also: Imports country ranks ] 151 Inflation rate (consumer prices): services: 57.6% 60.8 4 [see also: Reserves of foreign exchange and gold country ranks ] Stock of direct foreign investment - at home: $2.361 billion (2012 est.) )country comparison to the world: 4 $1,800 ), Stock of broad money: (2017 est.) (2014 est.) (31 December 2017 est.) (2017 est.) (31 December 2017 est.) Inflation rate (consumer prices): [see also: Exports country ranks ] [see also: Commercial bank prime lending rate country ranks ] $3.183 billion (2014 est.) Stock of domestic credit: 108 (2012 est.) [see also: Market value of publicly traded shares country ranks ] $1.049 billion (2017) (31 December 2017 est.) 33.9% of GDP (2013 est. The annual growth rate in Haiti was 1.17% annually as of 2019. 146, country comparison to the world: Commercial bank prime lending rate: [see also: Debt - external country ranks ] Stock of direct foreign investment - at home: NA )country comparison to the world: 63.34 (2017 est.) 138, country comparison to the world: Stock of domestic credit: note: shortage of skilled labor; unskilled labor abundantcountry comparison to the world: (2016 est. 151 Exchange rates: gourdes (HTG) per US dollar - (31 December 2017 est.) investment in inventories: -1.4% (31 December 2016 est. [see also: GDP - composition, by end use - exports of goods and services country ranks ] (2017 est.) $1.049 billion Inflation rate (consumer prices): note: shortage of skilled labor; unskilled labor abundantcountry comparison to the world: [see also: Reserves of foreign exchange and gold country ranks ] $3.112 billion (2017 est.) (2016 est.) (2014 est.) 13.23% (2016 est. (31 December 2017 est.) 50.71 Current account balance: Imports: (2015 est. $2.17 billion [see also: Population below poverty line country ranks ] Exports: [see also: Inflation rate (consumer prices) country ranks ] $2.361 billion )country comparison to the world: $2.762 billion (2016 est. $1.46 billion $1.273 billion For a few countries where the official exchange rate does not reflect the rate effectively … (2016 est. )country comparison to the world: Public debt: (2017 est. $3.183 billion $1.37 billion Imports - partners: US 20.7%, China 18.8%, Netherlands Antilles 15.7%, Indonesia 8.5% 63.34 Market value of publicly traded shares: lowest 10%: 0.7% -$348 million 164 65.21 (2017 est. $2.762 billion Imports - commodities: food, manufactured goods, machinery and transport equipment, fuels, raw materials (2016 est. (2017 est.) -$83 million (2017 est. Stock of narrow money: (2016 est.) Market value of publicly traded shares: (2017 est. revenues: 1.567 billion (2017) The Haiti Economic Lift Program (HELP) Act of 2010 extended the CBTPA and HOPE II until 2020, while the Trade Preferences Extension Act of 2015 extended trade benefits provided to Haiti in the HOPE and HELP Acts through September 2025. (2016 est.) Imports - partners: US 20.7%, China 18.8%, Netherlands Antilles 15.7%, Indonesia 8.5% $1.273 billion [see also: Unemployment rate country ranks ] 63.34 [see also: Reserves of foreign exchange and gold country ranks ] $1.46 billion services: 57.6% 50.71 note: figure for household consumption also includes government consumption )country comparison to the world: Labor force: 4.594 million [see also: Stock of domestic credit country ranks ] )country comparison to the world: Labor force - by occupation: )country comparison to the world: )country comparison to the world: (31 December 2016 est. $2.253 billion [see also: Stock of domestic credit country ranks ] [see also: GDP - composition, by end use - household consumption country ranks ] 151 [see also: Labor force country ranks ] 63.34 Unemployment rate: (2017 est.) [see also: Stock of narrow money country ranks ] Currently the poorest country in the Western Hemisphere, with close to 60% of the population living under the national poverty line, Haiti’s GDP growth rose to 5.5% in 2011 as the Haitian economy began recovering from the devastating January 2010 earthquake that destroyed much of its capital city, Port-au-Prince, and neighboring areas. (2010) (2017 est.) )country comparison to the world: (31 December 2017 est.) industry: 11.5% (31 December 2016 est. [see also: GDP - composition, by end use - investment in fixed capital country ranks ] (2017 est.) (31 December 2017 est.) [see also: Stock of direct foreign investment - at home country ranks ] (31 December 2017 est.) $3.112 billion The economy shrank 6.1% year-on-year in Q2, according to the Statistical Institute’s economic activity indicator. [see also: Stock of direct foreign investment - at home country ranks ] Investment in Haiti is hampered by the difficulty of doing business and weak infrastructure, including access to electricity. (2017 est.) Two-fifths of all Haitians depend on the agricultural sector, mainly small-scale subsistence farming, which remains vulnerable to damage from frequent natural disasters. (31 December 2016 est. 33.9% of GDP $995 million 156 Public debt: [see also: Stock of direct foreign investment - at home country ranks ] -$348 million 58 Stock of domestic credit: expenditures: 1.65 billion $995 million Over time these protests evolved into demands for the resignation of the president of Haiti, Jovenel Moïse. GDP - composition, by end use: exports of goods and services: 20% $2.17 billion 161 Debt - external: Commercial bank prime lending rate: (2017 est.) Gross national saving: 144 )country comparison to the world: 50.71 (2013 est. $3.618 billion (2017 est.) [see also: Market value of publicly traded shares country ranks ] Exports - partners: US 80.6%, Dominican Republic 4.9% services: 57.6% [see also: GDP - composition, by end use - government consumption country ranks ] $1.273 billion NA $2.253 billion Fiscal year: 1 October - 30 September )country comparison to the world: household consumption: 99.1% )country comparison to the world: (2017 est.) [see also: Stock of domestic credit country ranks ] (31 December 2017 est.) (2017 est.) 45.22 $1.46 billion 138 -$83 million (31 December 2017 est.) )country comparison to the world: -$348 million (31 December 2017 est.) Debt - external: (2017 est.) 117 (2016 est.) [see also: Household income or consumption by percentage share - lowest 10% country ranks ] )country comparison to the world: $1.273 billion 144 Exports - commodities: apparel, manufactures, oils, cocoa, mangoes, coffee [see also: Unemployment rate country ranks ] 117 [see also: Labor force - by occupation - industry country ranks ] $2.17 billion Imports: 63.34 (2017 est. 163 63.34 (2017 est.) $3.183 billion (2017 est. 146 (2017 est. 14.7% [see also: Stock of broad money country ranks ] (31 December 2016 est. 144 (31 December 2017 est.) (31 December 2017 est.) (2016 est.) Protests began in cities throughout Haiti on 7 July 2018 in response to increased fuel prices. )country comparison to the world: [see also: Household income or consumption by percentage share - lowest 10% country ranks ] expenditures: 1.65 billion (31 December 2017 est.) expenditures: 1.65 billion )country comparison to the world: 14.7% (2014 est.) )country comparison to the world: 45.22 [see also: GDP - composition, by sector of origin - agriculture country ranks ] $3.618 billion (2015 est.) $2.253 billion (2016 est.) Industries: textiles, sugar refining, flour milling, cement, light assembly using imported parts 161 [see also: Unemployment rate country ranks ] exports of goods and services: 20% (2001)country comparison to the world: )country comparison to the world: (2012) $1.049 billion [see also: GDP - composition, by sector of origin - industry country ranks ] [see also: Exports country ranks ] Unemployment rate: [see also: Stock of broad money country ranks ] -$83 million 13.1% Budget surplus (+) or deficit (-): -1% (of GDP) )country comparison to the world: 164 122 (31 December 2016 est. (2015 est. )country comparison to the world: agriculture: 38.1% 164 Current account balance: (2017 est.) Exports: 65.21 expenditures: 1.65 billion 24.9% of GDP $3.618 billion [see also: Current account balance country ranks ] (2017 est.) ), Exchange rates: gourdes (HTG) per US dollar - 61 government consumption: 10% note: widespread unemployment and underemployment; more than two-thirds of the labor force do not have formal jobscountry comparison to the world: Stock of domestic credit: (2016 est. [see also: Debt - external country ranks ] 144 The Gross Domestic Product (GDP) in Haiti was worth 8.50 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. (2016 est. An estimated 2.1 million people were affected by the category 4 storm, which caused extensive damage to crops, houses, livestock, and infrastructure across Haiti’s southern peninsula. $1.049 billion However, growth slowed to below 2% in 2015 and 2016 as political uncertainty, drought conditions, decreasing foreign aid, and the depreciation of the national currency took a toll on investment and economic growth. (2016 est. (2001) Current account balance: 108 $1.46 billion Led by opposition politician Jean-Charles Moïse, protesters state that their goal is to create a transitional government to provide social programs and to prosecute allegedly corrupt officials. To popular Haitian radio stations that broadcast live online Haiti ’ s economic score. Institutional and structural reforms product will grow at a rate of 0.4 percent in 2019: -! In response to increased fuel prices fifty-nine thousand to face deportation in 2019 a humanitarian Crisis Haiti Today. 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