Haiti's short-term debt (% of exports of goods, services and primary income) was 14.43% in 2024, the latest year in the World Bank's World Development Indicators. That is up 5.86 percentage points from 8.57% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 14.43% | 2024 |
| Five years earlier | 14.65% | 2019 |
| Ten years earlier | 8.57% | 2014 |
| Highest | 103.58% | 1993 |
| Lowest | 0% | 1976 |
| Average since 2015 | 18.2% | 2015–2024 |
| First recorded | 0.93% | 1975 |
What the numbers say
In 2024, Haiti's short-term debt (% of exports of goods, services and primary income) fell 19.71 percentage points on 2023 (from 34.15% to 14.43%).
Across the 30 yearly changes before that (1981 to 2023), the average change was +3.85 percentage points and a typical year strayed about 11.2 percentage points from that (the standard deviation). This year's change was 2.1 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 53.27 percentage points in 1992 and the biggest yearly fall was 19.71 percentage points in 2024. 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 upward, about 2.35 percentage points a year. A straight line explains 53% 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 46th highest value of the 99 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 | 14.43% | 2024 |
| Latin America & Caribbean | 15.4% | 2024 |
| Lower middle income | 18.79% | 2024 |
Closest to Haiti in the 2024 ranking
- Nicaragua — 43rd of 99: 15.82%
- Angola — 44th of 99: 15.45%
- St. Vincent and the Grenadines — 45th of 99: 15.23%
- Mongolia — 47th of 99: 13.88%
- Dominican Republic — 48th of 99: 13.8%
- Tajikistan — 49th of 99: 13.31%
What this measures
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 38 values
| Year | Short-term debt (% of exports of goods, services and primary income) |
|---|---|
| 2024 | 14.43 |
| 2023 | 34.15 |
| 2022 | 26.89 |
| 2021 | 27.21 |
| 2020 | 27.46 |
| 2019 | 14.65 |
| 2018 | 13.09 |
| 2017 | 7.51 |
| 2016 | 8.12 |
| 2015 | 8.44 |
| 2014 |
Short-term debt (% of exports of goods, services and primary income) in nearby economies
- Argentina — 47.04% (2024)
- Belize — 0.78% (2024)
- Bolivia — 5.64% (2024)
- Brazil — 19.7% (2024)
- Colombia — 24.24% (2024)
- Dominica — 75.05% (2024)
- Dominican Republic — 13.8% (2024)
- Ecuador — 1.61% (2024)
- El Salvador
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 short-term debt (% of exports of goods, services and primary income)?
- 14.43% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1975?
- It is up 13.5 percentage points from 0.93% in 1975. The highest value was 103.58% in 1993 and the lowest 0% in 1976.
- How does Haiti rank?
- 46th highest of 99 economies with data for 2024.
- Is the latest change in short-term debt (% of exports of goods, services and primary income) unusual for Haiti?
- In 2024, Haiti's short-term debt (% of exports of goods, services and primary income) fell 19.71 percentage points on 2023 (from 34.15% to 14.43%). Across the 30 yearly changes before that (1981 to 2023), the average change was +3.85 percentage points and a typical year strayed about 11.2 percentage points from that (the standard deviation). This year's change was 2.1 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator DT.DOD.DSTC.XP.ZS, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) 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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