Haiti PPP Conversion Factor

Haiti’s purchasing power parity (PPP) conversion factor rose dramatically from 1.77 in 1990 to 97.65 in 2025, marking the country’s all‑time peak and placing it 52nd in the world. This 5,400 percent increase over 36 years reflects persistent devaluation of the local currency, high inflation and structural adjustments that have made the Haitian franc worth far less in international terms. By contrast, peer economies such as Jamaica recorded a slightly higher factor of 99.30 in the same year, while Japan’s more stable economy stood at 91.25, illustrating how Haiti’s trajectory diverges from both regional and advanced peers. The steep ascent from the early 1990s trough to the 2025 peak underscores the cumulative impact of fiscal deficits, external shocks and limited export diversification. If macro‑economic reforms succeed in stabilising the currency and improving productivity, the PPP conversion factor could level off, moderating the upward trend observed over the past three decades.