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.
GDP Annual Growth Rate in Haiti is expected to be 2.40 percent by the end of this quarter, 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 2.70 percent in 2020, according to our econometric models.