Haiti: Trade in services (% of GDP)

Key figures

What the numbers say

In 2024, Haiti's trade in services (% of GDP) fell 1.18 percentage points on 2023 (from 3.72% to 2.53%).

Across the 30 yearly changes before that (1994 to 2023), the average change was +0.01 percentage points and a typical year strayed about 2.59 percentage points 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 10.55 percentage points in 1995 and the biggest yearly fall was 6.12 percentage points 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 1.07 percentage points a year. A straight line explains 91% 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.

A straight-line projection, tested first

Extending that straight line gives about -0.75% for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 0.24%, against 0.47% for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2024, Haiti had the 31st highest value of the 30 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.

Closest to Haiti in the 2024 ranking

• Niger — 27th of 30: 6.5%
• Liberia — 28th of 30: 6.18%
• Zimbabwe — 29th of 30: 5.1%

What this measures

Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. 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 54 values

Trade in services (% of GDP) in nearby economies

• Antigua and Barbuda — 78.09% (2025)
• Argentina — 7.07% (2025)
• Aruba — 111.26% (2023)
• Bahamas, The — 52.86% (2024)
• Barbados — 37.79% (2017)
• Belize — 47.07% (2025)
• Bolivia — 5.6% (2025)
• Brazil — 7% (2025)
• Chile — 9.78% (2025)
• Colombia — 8.74% (2025)
• Costa Rica — 25.95% (2025)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Haiti's trade in services (% of GDP)?

2.53% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1971?

It is down 8.64 percentage points from 11.17% in 1971. The highest value was 18.2% in 1980 and the lowest 2.53% in 2024.

How does Haiti rank?

Source

World Bank, World Development Indicators, indicator BG.GSR.NFSV.GD.ZS, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, 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.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.