Haiti's broad money (% of GDP) was 23.01% in 2023, the latest year in the World Bank's World Development Indicators. That is down 2.19 percentage points from 25.2% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 23.01% | 2023 |
| Five years earlier | 31% | 2018 |
| Ten years earlier | 25.2% | 2013 |
| Highest | 38.04% | 1993 |
| Lowest | 8.75% | 1966 |
| Average since 2014 | 28.97% | 2014–2023 |
| First recorded | 10.13% | 1960 |
What the numbers say
In 2023, Haiti's broad money (% of GDP) fell 9.62 percentage points on 2022 (from 32.63% to 23.01%).
Across the 30 yearly changes before that (1993 to 2022), the average change was −0.01 percentage points and a typical year strayed about 3.57 percentage points from that (the standard deviation). This year's change was 2.7 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 7.97 percentage points in 1989 and the biggest yearly fall was 13.15 percentage points in 2000. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Haiti | 23.01% | 2023 |
| World | 135.66% | 2024 |
| Latin America & Caribbean | 72.6% | 2025 |
| Lower middle income | 67.37% | 2021 |
Closest to Haiti in the 2023 ranking
- Tajikistan — 4th of 9: 29.78%
- Congo, Rep. — 5th of 9: 28.4%
- Tanzania — 6th of 9: 23.36%
- Equatorial Guinea — 8th of 9: 13.65%
- Zimbabwe — 9th of 9: 11.2%
What this measures
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 64 values
| Year | Broad money (% of GDP) |
|---|---|
| 2023 | 23.01 |
| 2022 | 32.63 |
| 2021 | 31.73 |
| 2020 | 27.19 |
| 2019 | 29.94 |
| 2018 | 31 |
| 2017 | 28.18 |
| 2016 | 30.29 |
| 2015 | 29.95 |
| 2014 | 25.82 |
| 2013 |
Broad money (% of GDP) in nearby economies
- Antigua and Barbuda — 76.16% (2025)
- Argentina — 26.28% (2025)
- Aruba — 83.32% (2023)
- Bahamas, The — 68.76% (2022)
- Barbados — 97.53% (2023)
- Belize — 77.46% (2025)
- Bolivia — 57.59% (2025)
- Brazil — 118.58% (2025)
- Chile — 69.41% (2025)
- Colombia — 43.06% (2025)
- Costa Rica — 50.23% (2025)
- Dominica
More financial sector data for Haiti
- Domestic credit to private sector by banks (% of GDP) — 3.07% (2025)
- Net domestic credit (current LCU) — 535.35 billion (2025)
- Net foreign assets (current LCU) — 467.39 billion (2025)
- Monetary sector credit to private sector (% of GDP) — 3.21% (2025)
- Consumer price index (2010 = 100) — 914.12 (2025)
- Inflation, consumer prices (annual % growth) — 28.64% (2025)
- Claims on central government, etc. (% of GDP) — 9.02% (2025)
- Domestic credit to private sector (% of GDP) — 3.21% (2025)
- GDP deflator (base year varies by country) — 758.76 (2025)
- DEC alternative conversion factor (LCU per US$)
Reading data like this
Questions people ask
- What is Haiti's broad money (% of GDP)?
- 23.01% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 12.88 percentage points from 10.13% in 1960. The highest value was 38.04% in 1993 and the lowest 8.75% in 1966.
- Is the latest change in broad money (% of GDP) unusual for Haiti?
- In 2023, Haiti's broad money (% of GDP) fell 9.62 percentage points on 2022 (from 32.63% to 23.01%). Across the 30 yearly changes before that (1993 to 2022), the average change was −0.01 percentage points and a typical year strayed about 3.57 percentage points from that (the standard deviation). This year's change was 2.7 standard deviations below that average, so it was unusually large compared with the rest of the record.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD).
Source
World Bank, World Development Indicators, indicator FM.LBL.BMNY.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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