HistoryCentral · Nation by Nation
HistoryCentral Est. 1996
Flag of Haiti
flag — Haiti
Nation by Nation

Haiti

Economy

$25.2 billion
GDP
World Bank · 2024
$2,143
GDP / Capita
World Bank · 2024
-4.2%
GDP Growth
World Bank · 2024
14.6%
Unemployment
World Bank · 2024

Haiti is the poorest country in the Western Hemisphere, an economy crippled by chronic political instability, natural disasters, and, more recently, the near-total collapse of state authority amid rampant gang violence.

Dependent on agriculture, remittances, and aid, Haiti has been devastated by catastrophic earthquakes in 2010 and 2021 and by hurricanes, and gangs now control much of the capital, paralyzing the economy.

Key Sectors

The economy rests on subsistence agriculture, garment manufacturing for the US market, and above all remittances from the large Haitian diaspora, which dwarf other sources of income.

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