(2025-06) Economic Activity Indicator (ICAE) Bulletin, Q3 (Apr–Jun) FY2024-2025
Summary — This report from IHSI analyzes Haiti's Economic Activity Conjunctural Indicator (ICAE) for the third quarter of the 2024-2025 fiscal year. It reveals a global ICAE contraction of 2.1% annually, with all three major economic sectors contributing to this decline. The primary and secondary sectors experienced significant drops, while the tertiary sector saw a more moderate decrease.
Key Findings
- Haiti's global Economic Activity Conjunctural Indicator (ICAE) contracted by 2.1% annually in Q3 2024-2025, with a cumulative decline of 2.4% for Oct 2024-Jun 2025.
- The primary sector (agriculture and extractive activities) experienced a significant annual drop of 5.5% due to gang violence, adverse weather, and reduced construction demand.
- The secondary sector (manufacturing, construction, electricity, and water) regressed by 4.3% annually, with construction showing the steepest decline at 6.5%.
- The tertiary sector saw a more moderate annual decrease of 0.4%, with positive contributions from financial institutions (+4.4%) and non-market services (+3.5%).
- All three major economic sectors contributed negatively to the overall ICAE decline, with agriculture, manufacturing, and commerce having the largest negative impacts.
Full Description
The Haitian Institute of Statistics and Informatics (IHSI) presents its quarterly bulletin on the Economic Activity Conjunctural Indicator (ICAE) for the third quarter of the 2024-2025 fiscal year, using 2007-2008 as the base year. The global ICAE registered a 2.1% annual contraction, reaching 122.0, down from 124.6 in the same period last year. Cumulatively, for October 2024 to June 2025, the ICAE-Haiti declined by 2.4%. All three main economic sectors contributed to this overall decline.
The primary sector, encompassing agriculture and extractive activities, saw a 5.5% annual drop, primarily due to gang violence in agricultural regions and adverse weather impacting spring harvests, as well as a slowdown in construction affecting extractive industries. The secondary sector experienced a 4.3% annual regression, with manufacturing, construction, and electricity/water all declining. The tertiary sector, while also contracting, showed a more moderate annual decrease of 0.4%, with positive growth in financial institutions and non-market services partially offsetting declines in commerce, restaurants, and hotels.