Haiti's service imports (current US$, BoP) was US$517.5 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 52.4% from US$1.09 billion in 2014 (7.15% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$517.5 million | 2024 |
| Five years earlier | US$620.03 million | 2019 |
| Ten years earlier | US$1.09 billion | 2014 |
| Highest | US$1.28 billion | 2010 |
| Lowest | US$21.74 million | 1971 |
| Average since 2015 | US$697.88 million | 2015–2024 |
| First recorded | US$21.74 million |
What the numbers say
In 2024, Haiti's service imports (current US$, BoP) fell 12% on 2023 (from US$588.3 million to US$517.5 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +19.7% and a typical year strayed about 67.9% from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 345.2% in 1995 and the biggest yearly fall was 61.9% in 1990. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about US$43.4 million a year. A straight line explains 60% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Haiti had the 23rd highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Haiti | US$517.5 million | 2024 |
| World | US$8.75 trillion | 2025 |
| Latin America & Caribbean | US$378.65 billion | 2025 |
| Lower middle income | US$424.83 billion | 2025 |
Closest to Haiti in the 2024 ranking
- Fiji — 19th of 29: US$995.84 million
- Rwanda — 20th of 29: US$990.9 million
- Djibouti — 21st of 29: US$729.63 million
- Sierra Leone — 23rd of 29: US$513.94 million
- Liberia — 24th of 29: US$252.84 million
- Solomon Islands — 25th of 29: US$248.42 million
What this measures
Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 54 values
| Year | Service imports (current US$, BoP) |
|---|---|
| 2024 | 517,503,750 |
| 2023 | 588,297,901 |
| 2022 | 688,905,417 |
| 2021 | 632,059,096 |
| 2020 | 491,551,981 |
| 2019 | 620,028,962 |
| 2018 | 822,321,771 |
| 2017 | 864,086,633 |
| 2016 | 712,438,269 |
| 2015 | 1,041,578,247 |
| 2014 |
Service imports (current US$, BoP) in nearby economies
- Antigua and Barbuda — US$614.46 million (2025)
- Argentina — US$29.94 billion (2025)
- Aruba — US$1.18 billion (2023)
- Bahamas, The — US$2.47 billion (2024)
- Barbados — US$686.96 million (2017)
- Belize — US$351.61 million (2025)
- Bolivia — US$2.36 billion (2025)
- Brazil — US$105.06 billion (2025)
- Chile — US$21.95 billion (2025)
- Colombia — US$20.01 billion (2025)
- Costa Rica
More economic policy & debt data for Haiti
- Total reserves, including gold (current US$) — US$3.39 billion (2025)
- Total reserves, excluding gold (current US$) — US$3.14 billion (2025)
- GDP (current US$) — US$32.08 billion (2025)
- GDP (current LCU) — 4.19 trillion (2025)
- GDP (constant 2015 US$) — US$13.22 billion (2025)
- GDP (constant LCU) — 552.51 billion (2025)
- GDP per capita (current US$) — US$2,694 (2025)
- GDP per capita (current LCU) — 352,104 (2025)
- GDP per capita (constant 2015 US$) — US$1,111 (2025)
- GDP per capita (constant LCU) — 46,405 (2025)
- GDP (annual % growth)
Reading data like this
Questions people ask
- What is Haiti's service imports (current US$, BoP)?
- US$517.5 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1971?
- It is up 2,280% from US$21.74 million in 1971 (6.16% a year on average, compounded). The highest value was US$1.28 billion in 2010 and the lowest US$21.74 million in 1971.
- How does Haiti rank?
- 23rd highest of 29 economies with data for 2024.
- Is the latest change in service imports (current US$, BoP) unusual for Haiti?
- In 2024, Haiti's service imports (current US$, BoP) fell 12% on 2023 (from US$588.3 million to US$517.5 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +19.7% and a typical year strayed about 67.9% from that (the standard deviation). This year's change was 0.5 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BM.GSR.NFSV.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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