(2025-09) Economic Activity Indicator (ICAE) Bulletin, Q4 (Jul–Sep) FY2024-2025
Summary — Haiti's Global Economic Activity Conjunctural Indicator (ICAE-Haïti) experienced a 2.8% annual contraction in the fourth quarter of fiscal year 2024-2025, reaching 103.5. This decline is attributed to a generalized downturn across the primary, secondary, and tertiary sectors. Cumulatively for the fiscal year, the ICAE-Haïti contracted by 2.5% compared to the previous year.
Key Findings
- The Global ICAE-Haïti contracted by 2.8% annually in Q4 2024-2025 and 2.5% cumulatively for the fiscal year.
- All three major economic sectors (primary, secondary, tertiary) experienced a generalized decline.
- The primary sector saw a 4.6% annual decrease, driven by agriculture (-4.5%) and extractive activities (-7.6%) due to poor rainy seasons.
- The secondary sector declined by 4.9% annually, with significant drops in electricity and water (-14.2%), construction (-7.7%), and manufacturing (-3.9%).
- The tertiary sector contracted by 1.7% annually, mainly due to decreases in commerce (-5.6%), hotels and restaurants (-8.2%), and other market services (-9.4%), despite growth in financial institutions and non-market services.
Full Description
This bulletin from the Haitian Institute of Statistics and Informatics (IHSI) presents an analysis of Haiti's Economic Activity Conjunctural Indicator (ICAE-Haïti) for the fourth quarter of fiscal year 2024-2025. The global ICAE-Haïti registered a 2.8% annual contraction, settling at 103.5, down from 106.5 in the previous year's same quarter. This downturn reflects a widespread decline across all three major economic sectors: primary (-4.6%), secondary (-4.9%), and tertiary (-1.7%). Cumulatively for the entire fiscal year (October 2024 to September 2025), the ICAE-Haïti contracted by 2.5%.
The primary sector's decline was driven by agriculture (-4.5% annually) due to poor rainy seasons and extractive activities (-7.6%). The secondary sector saw manufacturing drop by 3.9%, construction by 7.7%, and electricity and water by a significant 14.2%. In the tertiary sector, while some sub-branches like financial institutions and non-market services showed growth, commerce (-5.6%), hotels and restaurants (-8.2%), and other market services (-9.4%) experienced significant declines, leading to an overall contraction.