Haiti Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Haiti's budget deficit was 0.58% in 2025, ranked 26th globally. This represents a 91.6% decrease from 2024. Data from IMF WEO, covering 1997–2025.
Overview
Haiti's budget deficit stood at 0.58% in 2025, a decline of +6.38% from 2024. The IMF projects 0.58% by 2025. Haiti ranked 26th globally.
Haiti’s public finance profile has swung dramatically over the past three decades, with the IMF World Economic Outlook reporting a budget deficit of 0.58 percent of GDP in 2025, placing the country 26th globally. The metric rose from a modest 0.37 percent in 1997 to an all‑time peak of 6.96 percent in 2024, a sharp escalation that reflects heightened fiscal pressures following successive natural disasters and political instability. The sharpest contraction occurred in 2013, when the deficit turned negative to –3.98 percent, indicating a brief surplus amid limited public spending. Compared with peers of similar rank, Haiti’s deficit is slightly lower than Tuvalu’s 0.65 percent and higher than Lao PDR’s 0.44 percent, underscoring a relatively moderate fiscal gap within its cohort. The long‑run trajectory suggests that without substantive revenue reforms or external assistance, the deficit is likely to remain elevated, although a sustained improvement in tax collection and debt management could reverse the upward trend.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -1.79% | - | - |
| 2029* IMF | -1.54% | - | - |
| 2028* IMF | -1.22% | - | - |
| 2027* IMF | -0.74% | - | - |
| 2026* IMF | -0.20% | - | - |
| 2025* IMF | 0.58% | - | - |
| 2025 | 0.58% | −6.38% | #26 |
| 2024 | 6.96% | +6.19% | #184 |
| 2023 | 0.77% | +2.52% | #159 |
| 2022 | -1.75% | +0.70% | #116 |
| 2021 | -2.45% | −0.50% | #131 |
| 2020 | -1.96% | +0.04% | #166 |
| 2019 | -2.00% | −0.87% | #90 |
| 2018 | -1.13% | −0.81% | #109 |
| 2017 | -0.32% | −0.43% | #144 |
| 2016 | 0.12% | +1.59% | #152 |
| 2015 | -1.47% | +2.17% | #131 |
| 2014 | -3.64% | +0.34% | #68 |
| 2013 | -3.98% | −1.26% | #58 |
| 2012 | -2.71% | −1.28% | #85 |
| 2011 | -1.43% | +0.07% | #117 |
Detected Pattern
Analysis
Haiti matched the Stagflation Risk pattern in 2024. Historically, 38% of countries showing this pattern (117 out of 307) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Haiti's budget deficit was 0.58% in 2025. Ranked 26th globally. This represents a 91.6% decrease from the previous year.
Haiti's budget deficit peaked at 6.96% in 2024.
The lowest budget deficit in Haiti was -3.98% in 2013.
Haiti ranks 26th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Haiti's budget deficit is projected to reach 0.58% by 2025 based on IMF projection.
The budget deficit of Haiti in 2025 was 0.58%. This ranks 26th in the world.
Cite this page
@misc{historysaid_haiti_budget-deficit,
title = {Haiti Budget Deficit},
url = {https://historysaid.com/haiti/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}