(2022-10) Haiti Macro Poverty Outlook - Datasheet
Summary — Statistical datasheet accompanying the Annual Meetings 2022 World Bank Macro Poverty Outlook for Haiti: the full projection table of macroeconomic and poverty indicators.
Key Findings
- GDP is expected to contract 1.5 percent in FY22, a fourth consecutive year of contraction, then edge to -0.1 percent in FY23 before rebounding to 2.0 percent in 2024 (constant market prices).
- Inflation surged to 30.5 percent on deficit monetization, higher food and fuel prices, and insecurity, and is projected to close FY22 at about 26.5 percent on average before trending down.
- The fiscal deficit is projected to widen to 3.2 percent of GDP in FY22, driven by energy subsidies (fuel subsidies reached 3.5 percent of GDP), financed largely by the BRH and T-bills, with debt at 27.7 percent of GDP.
- Poverty remains entrenched: the international poverty rate (2.15 dollars, 2017 PPP) is 30.8 percent in FY22, and growth is too weak to make much of a dent against poverty.
- The outlook is fraught with downside risks tied to the political process, gang insecurity, and natural hazards, with food insecurity affecting 5.6 million people in August 2022.
Full Description
The statistical annex to the Annual Meetings 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.
Notes
Statistical datasheet companion to the (2022-10) MPO Haiti country brief, Annual Meetings 2022 edition. Part of the semiannual MPO series.