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

Current Account to GDP in Haiti is expected to be -2.30 percent by the end of this quarter, 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 -2.40 percent in 2020, 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 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.

Haiti Trade Last Previous Highest Lowest Unit
Balance of Trade -194.89 -270.61 -93.73 -384.78 USD Million [+]
Current Account -51.32 43.46 225.36 -291.68 USD Million [+]
Current Account to GDP -4.10 -3.70 0.76 -8.50 percent [+]
Exports 103.94 138.03 138.03 8.06 USD Million [+]
Imports 298.83 408.64 464.45 125.60 USD Million [+]
Remittances 3214.47 2721.80 3214.47 810.00 USD Million [+]
Gold Reserves 1.81 1.80 1.81 0.03 Tonnes [+]
Terrorism Index 2.18 1.71 3.53 0.00 [+]