Haiti recorded a Current Account deficit of 4 percent of the country's Gross Domestic Product in 2017. source: World Bank

Current Account to GDP in Haiti averaged -2.46 percent from 1991 until 2017, reaching an all time high of 0.76 percent in 1998 and a record low of -6.40 percent in 2013. This page provides - Haiti Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Haiti Current Account to GDP - values, historical data and charts - was last updated on November of 2020.

Current Account to GDP in Haiti is expected to reach -2.30 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Haiti Current Account to GDP is projected to trend around -2.30 percent in 2021 and -2.40 percent in 2022, according to our econometric models.

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Haiti Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-4.10 -3.70 0.76 -8.50 1991 - 2018 percent Yearly

Haiti Trade Last Previous Highest Lowest Unit
Balance of Trade -240.08 -236.08 -89.44 -384.78 USD Million [+]
Current Account 99.36 260.41 260.41 -291.68 USD Million [+]
Current Account to GDP -4.10 -3.70 0.76 -8.50 percent [+]
Imports 321.28 291.85 464.45 125.60 USD Million [+]
Exports 81.20 55.77 137.91 8.06 USD Million [+]
Remittances 3214.47 2721.80 3214.47 810.00 USD Million [+]
Gold Reserves 1.80 1.80 1.81 0.03 Tonnes [+]
Terrorism Index 2.18 1.71 3.53 0.00 [+]


Haiti Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.