(2022) Haiti Macro Poverty Outlook - Datasheet
Summary — Statistical datasheet accompanying the Spring 2022 World Bank Macro Poverty Outlook for Haiti: the full projection table of macroeconomic and poverty indicators.
Key Findings
- GDP contracted 1.8 percent in 2021, a third consecutive year of negative growth, with investment collapsing 21.8 percent and agriculture down 4.1 percent.
- FY2022 growth is projected at negative 0.4 percent, rebounding to about 1.7 percent over the medium term if security and politics stabilize.
- Inflation eased to 15.9 percent in FY2021 but is projected to close near 26.2 percent in FY2022 after a 74.3 percent average retail fuel-price hike and BRH financing of 1.9 percent of GDP.
- The fiscal deficit, 2.5 percent of GDP in 2021, is expected to narrow to 1.5 percent under an IMF Staff-Monitored Program; debt stands near 25.6 to 26.1 percent of GDP.
- Poverty remains high: the international ($1.9) poverty rate is projected around 26.5 percent, and food insecurity worsened with 80 percent of the poorest rural households reporting running out of food.
Full Description
The statistical annex to the Spring 2022 edition of the World Bank Macro Poverty Outlook for Haiti. It presents the complete data table underlying the country brief: historical values and projections for real GDP growth, inflation, the fiscal balance and revenues, public debt, the current account, and poverty headcount rates at the international, lower-middle-income, and upper-middle-income lines, reported by fiscal year.
Full Document Text
Extracted text from the original document for search indexing.
HAITI
1999
SELECTED INDICATORS* Avg. '00-152008/092009/102010/112011/122012/132013/142014/152015/162016/172017/182018/192019/202020/21 E2021/22 F
INCOME AND ECONOMIC GROWTH
GDP growth (annual %) 2.2 5.9 -5.7 5.1 0.5 4.3 1.7 2.6 1.8 2.5 1.7 -1.7 -3.3 -1.8 -0.4
GDP per capita growth (annual %, real) 0.6 4.3 -7.1 3.5 -1.0 2.8 0.3 1.2 0.5 1.2 0.4 -2.9 -4.5 -3.0 -1.6
GDP per capita (US$, nominal) 1019.71183.71192.01288.01337.31432.71435.31386.81290.41369.01479.21312.91272.31814.61800.3
Private Consumption growth (annual %) 3.3 9.5 -6.7 3.5 1.1 5.6 0.0 4.5 5.6 5.0 4.1 -1.0 -4.0 1.2 1.0
Gross Investment ( % of nominal GDP) 13.8 12.6 25.0 19.1 17.5 17.5 16.5 14.1 16.9 20.2 18.7 20.3 17.7 18.0 13.2
Gross Investment - Public ( % of nominal GDP)
2
6.9 4.0 17.9 13.9 11.1 10.0 7.3 6.3 3.7 3.7 5.6 1.5 2.5 2.1 6.1
MONEY AND PRICES
Inflation, consumer prices (annual %, EOP or MRV)
1,3
9.7 -1.6 3.8 7.9 5.6 2.7 4.6 10.4 10.4 10.6 15.4 20.8 23.4 13.1 ..
Inflation, consumer prices (annual %, period average)
3
9.8 5.6 2.9 5.2 5.7 5.3 3.2 5.3 11.4 10.6 11.4 17.3 22.9 15.9 26.2
Broad Money (% of GDP)
²
13.6 11.9 16.8 15.8 15.8 13.5 14.5 17.1 17.7 15.1 14.0 12.4 11.5 10.5 8.4
Domestic Credit to the Private Sector ( % of GDP)
2
9.2 8.2 7.8 8.5 10.8 10.8 11.4 10.8 10.5 9.9 11.2 10.5 8.6 .. ..
10 year interest rate (annual average)
³
.. .. .. .. .. .. .. .. .. .. .. .. .. .. ..
Nominal Exchange Rate (local currency per USD) 38.0 40.7 40.3 40.3 41.6 43.1 44.6 48.6 60.4 65.6 65.4 84.1 99.9 81.1 95.0
Real Exchange Rate Index (2015=100) 100.2 91.3 97.3101.0103.1103.1105.3100.0 89.5 88.6 94.2 84.1 84.4 118.0 118.2
FISCAL
Revenue (% of GDP) 11.2 9.8 22.1 18.6 14.9 12.3 10.9 11.4 10.8 10.4 9.9 7.5 7.5 6.9 10.4
Expenditure (% of GDP) 13.2 10.1 24.5 21.6 18.7 17.6 15.3 14.2 11.3 10.9 12.1 9.5 10.5 9.4 11.9
Interest Payments (% of GDP) 0.4 0.4 0.2 0.2 0.2 0.2 0.2 0.1 0.2 0.2 0.2 0.3 0.2 0.3 0.3
Non-Interest Expenditure (% of GDP) 13.3 9.7 24.3 21.4 18.5 17.4 15.1 14.0 11.1 10.7 11.9 9.3 10.2 9.1 11.6
Overall Fiscal Balance (% of GDP) -2.0 -0.3 -2.4 -3.0 -3.8 -5.3 -4.4 -2.7 -0.5 -0.5 -2.1 -2.0 -3.0 -2.5 -1.5
Primary Fiscal Balance (% of GDP) -1.8 0.1 -2.2 -2.8 -3.6 -5.1 -4.2 -2.6 -0.3 -0.3 -2.0 -1.7 -2.7 -2.2 -1.2
General Government Debt (% of GDP) 21.5 15.8 9.7 6.8 9.4 12.2 15.3 17.8 21.4 19.9 23.5 26.2 24.4 25.6 26.1
External Public Debt (% of GDP)
2
15.9 10.6 6.6 5.3 7.8 10.0 12.3 14.3 14.4 14.1 12.9 15.8 10.1 12.9 10.9
cheat
EXTERNAL ACCOUNTS
Export growth, G&S (nominal US$, annual %) 8.2 12.7 -1.7 29.1 0.9 18.4 6.1 5.2 -7.1 2.5 6.9 -2.7 -41.5 22.4 -9.3
Import growth, G&S (nominal US$, annual %) 9.3 -2.0 51.9 3.8 -5.4 5.9 7.0 -5.5 -1.9 12.0 14.1 -8.2 -18.5 24.2 -8.3
Merchandise exports (% of GDP) 5.7 4.8 4.8 5.9 5.7 6.1 6.3 6.9 7.2 6.6 6.6 8.1 6.1 5.4 4.9
Merchandise imports (% of GDP) 20.0 17.6 25.2 25.5 22.5 22.4 24.2 23.3 26.3 27.6 29.2 30.6 25.9 22.0 24.3
Services, net (% of GDP) -3.5 -2.5 -7.0 -4.4 -4.1 -3.0 -2.5 -2.1 -0.8 -0.8 -0.7 -0.7 -2.2 -2.4 2.0
Current account balance (current US$ millions) -158.2-130.6-128.2-295.9-404.8-515.0-595.8-265.3-267.3-325.0-474.0-169.5 216.2 141.4 -263.7
Current account balance (% of GDP) -1.1 -1.1 -1.1 -2.3 -3.0 -3.5 -3.9 -1.8 -1.9 -2.2 -2.9 -1.1 1.5 0.7 -1.3
Foreign Direct Investment, net inflows (% of GDP) 0.7 0.5 1.5 0.9 1.1 1.1 0.7 0.7 0.7 2.5 0.6 0.5 0.2 0.2 0.4
External debt, total (% of GDP)
2
15.9 12.5 8.1 6.0 8.5 10.5 12.9 14.1 15.5 14.4 13.5 15.8 10.1 12.9 ..
Multilateral debt (% of total external debt)
2
.. .. .. .. .. .. .. .. .. .. .. .. .. .. ..
Debt service ratio (% of exports goods and non-factor services)
2
6.8 4.2 12.5 0.4 0.4 0.8 1.5 2.0 5.4 1.2 1.0 1.2 .. .. ..
See next page for more indicators
Public Disclosure Authorized
Public Disclosure Authorized
Public Disclosure Authorized
Public Disclosure Authorized
HAITI
1999
SELECTED INDICATORS* Avg. '00-152008/092009/102010/112011/122012/132013/142014/152015/162016/172017/182018/192019/202020/21 E2021/22 F
POPULATION, EMPLOYMENT AND POVERTY
Population, total (millions) 9.6 9.8 9.9 10.1 10.3 10.4 10.5 10.7 10.8 11.0 11.1 11.3 11.4 11.5 11.7
Population Growth (annual %) 1.6 1.6 1.5 1.5 1.5 1.5 1.4 1.4 1.4 1.3 1.3 1.3 1.2 1.2 1.2
Unemployment Rate
2
13.7 15.7 15.4 14.5 14.1 14.0 14.0 14.0 13.9 13.9 13.9 13.9 15.5 .. ..
International poverty rate ($1.9 in 2011 PPP)
⁴
.. .. .. .. 24.5 .. .. .. .. .. 22.8 23.5 25.1 26.0 26.5
Lower middle-income poverty rate ($3.2 in 2011 PPP)
⁴
.. .. .. .. 50.3 .. .. .. .. .. 46.6 48.3 51.0 52.3 52.9
Upper middle-income poverty rate ($5.5 in 2011 PPP)
⁴
.. .. .. .. 78.6 .. .. .. .. .. 76.6 77.6 79.0 80.0 80.6
OTHER
GDP (current LCU, millions) 394686.4471795.6478044.2524124.0569992.5642673.7675571.5720255.0844479.0986919.11076412.71244014.01449887.51699209.01997592.0
GDP (current US$, millions) 9957.911597.711859.213008.813708.314900.915140.614832.313988.415035.316453.914786.814507.620944.421027.3
GDP per capita LCU (real) 55363.258374.554238.056151.055604.057173.657340.658004.358268.758956.959181.457461.754861.353223.852388.4
Human Development Index Ranking
⁵
158.6 162 165 165 167 170 169 170 170 171 170 170 .. .. ..
CPIA (overall rating)
2
2.9 2.9 2.9 2.9 2.9 2.8 2.9 2.9 2.9 2.9 2.8 2.8 2.7 .. ..
Economic Management
2
3.2 3.3 3.3 3.3 3.3 3.2 3.2 3.5 3.3 3.5 3.0 3.0 3.0 .. ..
Structural Policies
2
3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.0 3.2 3.0 3.0 3.2 3.0 .. ..
Policies for Social Inclusion and Equity
2
2.7 2.7 2.7 2.6 2.6 2.6 2.7 2.7 2.6 2.6 2.6 2.6 2.6 .. ..
Public Sector Management and Institutions
2
2.4 2.5 2.5 2.5 2.5 2.4 2.4 2.4 2.4 2.4 2.5 2.3 2.2 .. ..
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Notes: ".." indicates not available. E = estimate, F = forecast. Data from MFMOD unless otherwise noted
1/ Used latest month available.
2/ World Development Indicators Database and World Bank Staff Estimates
3/ World Bank GEM database; MRV = Most recent value
4/ Calculations based on SEDLAC harmonization, using 2012-ECVMAS.Projection using neutral distribution (2012) with pass-through = 0.87 based on GDP per capita in constant LCU. Actual data: 2012. Nowcast: 2013-2021. Forecasts are from 2022 to 2024.
5/ The HDI ranking in 2001 is in relation to 175 countries and in 2010 in relation to 169 countries. Methodological enhancements in HDI calculations have resulted in notable improvements in the countries' rankings.
Sources: MFMOD Database, World Bank WDI and GEM databases, IMF.