Haiti: Merchandise trade (% of GDP)
In , Haiti's Merchandise trade (% of GDP) was 14.85.
That's down 31.1% from 2023, the highest value since .
The global average for this indicator in 2024 was 64.89 . Haiti ranks #196 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #36 of 36.
Source: World Bank Open Data (TG.VAL.TOTL.GD.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 35.97
- Trough
- 14.85
- 1-year change
- -31.1%
- 5-year change
- -58.6%
- -16.2% / yr
- 10-year change
- -52.0%
- -7.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise trade (% of GDP) |
|---|---|
| 14.8508 | |
| 21.5409 | |
| 29.1504 | |
| 25.9449 | |
| 30.5620 | |
| 35.8549 | |
| 35.9671 | |
| 32.2659 | |
| 31.3378 | |
| 30.7415 |
About Merchandise trade (% of GDP)
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. 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.
Indicator code: TG.VAL.TOTL.GD.ZS • Category: Trade & Finance
Frequently asked questions
- What was Haiti's Merchandise trade (% of GDP) in 2024?
- In 2024, Haiti's Merchandise trade (% of GDP) was 14.85, according to World Bank Open Data.
- Is Haiti's Merchandise trade (% of GDP) rising or falling?
- Haiti's Merchandise trade (% of GDP) fell 31.1% from 2023 to 2024.
- How does Haiti rank globally on Merchandise trade (% of GDP)?
- In 2024, Haiti ranked #196 out of 197 countries reporting Merchandise trade (% of GDP).
- How does Haiti's Merchandise trade (% of GDP) compare to the world average?
- The global average for Merchandise trade (% of GDP) in 2024 was 64.89, so Haiti is below the world average. Within Latin America & Caribbean, it ranks #36 of 36.
- What is Merchandise trade (% of GDP) and how is it measured?
- General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. 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.
Source: World Bank Open Data (TG.VAL.TOTL.GD.ZS), CC BY 4.0.