The Haitian economy advanced 1.5 percent year-on-year in 2018, faster than a 1.2 percent growth in 2017 which was greatly impacted by natural disasters as well as political turbulence. In 2018, overall growth was seen across sectors: agriculture (1.0% vs 0.8% in 2017); construction (2.1% vs 0.9%); manufacturing (1.2% vs 1.0%); transportations and communications (1.0%, the same pace of 2017) and trade, restaurants & hotels (0.9% vs 1.1%).
GDP Annual Growth Rate in Haiti averaged 1.40 percent from 1997 until 2018, reaching an all time high of 5.50 percent in 2011 and a record low of -5.50 percent in 2010. This page provides - Haiti GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Haiti GDP Annual Growth Rate - values, historical data and charts - was last updated on May of 2020.
GDP Annual Growth Rate in Haiti is expected to reach -5.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Haiti GDP Annual Growth Rate is projected to trend around 1.20 percent in 2021 and 1.60 percent in 2022, according to our econometric models.