Guyana recorded a government debt equivalent to 57 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Guyana averaged 90.87 percent from 1997 until 2018, reaching an all time high of 143.10 percent in 1998 and a record low of 50.10 percent in 2015. This page provides - Guyana Government Debt To Gdp - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Guyana decreased to 59.40 USD Million in 2018 from 59.70 USD Million in 2017. Military Expenditure in Guyana averaged 32.72 USD Million from 1973 until 2018, reaching an all time high of 96.50 USD Million in 1976 and a record low of 5 USD Million in 1991.

Guyana scored 3.56 points out of 7 on the 2016-2017 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Guyana averaged 3.56 Points from 2007 until 2016, reaching an all time high of 3.77 Points in 2014 and a record low of 3.24 Points in 2008. Competitiveness Index in Guyana is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies. The report is made up of over 110 variables, of which two thirds come from the Executive Opinion Survey representing the sample of business leaders, and one third comes from publicly available sources such as the United Nations. The variables are organized into twelve pillars with the most important including: institutions, infrastructure, macroeconomic framework, health and primary education and higher education and training. The GCI score varies between 1 and 7 scale, higher average score means higher degree of competitiveness. This page provides the latest reported value for - Guyana Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Guyana is the 121 most competitive nation in the world out of 138 countries ranked in the 2016-2017 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Guyana averaged 112.60 from 2007 until 2016, reaching an all time high of 126 in 2008 and a record low of 102 in 2014. Competitiveness Rank in Guyana is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies and indicates their position relative to the other countries and territories in the index. This page provides the latest reported value for - Guyana Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Guyana expanded 2.10 percent in 2017 from the previous year. GDP Annual Growth Rate in Guyana averaged 2.13 percent from 1961 until 2017, reaching an all time high of 11.36 percent in 1964 and a record low of -13.19 percent in 1982. Guyana is one of the poorest countries in Latin America. Guyana’s economy is dependent on agriculture, mining (gold and bauxite), eco-tourism and foreign aid. Recent debt reliefs under the Highly Indebted Poor Countries initiative and the entrance into the Caribbean Single Market and Economy have enabled investment on infrastructure and broadened the export market. As a result, commercial agriculture and industrial production has been expanding. However, systemic trade deficits, high crime rates and skilled labour-force migration continue to hamper economic development. This page provides - Guyana GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Guyana increased to 423528 GYD Million in 2018 from 406698 GYD Million in 2017. GDP Constant Prices in Guyana averaged 342530.69 GYD Million from 2006 until 2018, reaching an all time high of 423528 GYD Million in 2018 and a record low of 262880 GYD Million in 2006. This page provides - Guyana Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guyana recorded a Current Account deficit of 679.70 USD Million in 2018. Current Account in Guyana averaged -251.92 USD Million from 2001 until 2018, reaching an all time high of -12.40 USD Million in 2016 and a record low of -679.70 USD Million in 2018. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Guyana Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Guyana was last recorded at 3965.97 US dollars in 2018. The GDP per Capita in Guyana is equivalent to 31 percent of the world's average. GDP per capita in Guyana averaged 2242 USD from 1960 until 2018, reaching an all time high of 3965.97 USD in 2018 and a record low of 1448.52 USD in 1963. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Guyana GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Guyana was last recorded at 7616.69 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Guyana, when adjusted by Purchasing Power Parity is equivalent to 43 percent of the world's average. GDP per capita PPP in Guyana averaged 5154.87 USD from 1990 until 2018, reaching an all time high of 7616.69 USD in 2018 and a record low of 2875.31 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Guyana GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Guyana decreased to 1 percent in 2018 from 1.05 percent in 2017. Deposit Interest Rate in Guyana averaged 8.35 percent from 1980 until 2018, reaching an all time high of 29.53 percent in 1991 and a record low of 1 percent in 2018. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Guyana.

Tourist Arrivals in Guyana increased to 281.90 Thousand in 2018 from 247.30 Thousand in 2017. Tourist Arrivals in Guyana averaged 159.42 Thousand from 2000 until 2018, reaching an all time high of 281.90 Thousand in 2018 and a record low of 99 Thousand in 2001. This page provides - Guyana Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guyana is ranked 134 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Guyana remained unchanged at 134 in 2019 from 134 in 2018. Ease of Doing Business in Guyana averaged 120.33 from 2008 until 2019, reaching an all time high of 140 in 2015 and a record low of 98 in 2008. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Guyana.

Terrorism Index in Guyana decreased to 0.04 in 2018 from 0.08 in 2017. Terrorism Index in Guyana averaged 0.65 from 2002 until 2018, reaching an all time high of 2.94 in 2008 and a record low of 0 in 2013. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Guyana recorded a Government Budget deficit equal to 3.40 percent of the country's Gross Domestic Product in 2018. Government Budget in Guyana averaged -0.62 percent of GDP from 1990 until 2018, reaching an all time high of 6.08 percent of GDP in 1993 and a record low of -6.12 percent of GDP in 2005. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Guyana Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guyana scored 40 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Guyana averaged 29.53 Points from 2005 until 2019, reaching an all time high of 40 Points in 2019 and a record low of 25 Points in 2006. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Guyana Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Guyana is the 85 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Guyana averaged 116.80 from 2005 until 2019, reaching an all time high of 136 in 2013 and a record low of 85 in 2019. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Guyana Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

External Debt in Guyana decreased to 1265588 USD Thousand in the third quarter of 2019 from 1274045 USD Thousand in the second quarter of 2019. External Debt in Guyana averaged 1199395.03 USD Thousand from 2010 until 2019, reaching an all time high of 1392008 USD Thousand in the first quarter of 2013 and a record low of 953525 USD Thousand in the first quarter of 2010. This page provides - Guyana External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Guyana increased to 414.90 USD Million in the third quarter of 2019 from 402.90 USD Million in the second quarter of 2019. Exports in Guyana averaged 300.35 USD Million from 2001 until 2019, reaching an all time high of 589 USD Million in the fourth quarter of 2004 and a record low of 125.80 USD Million in the first quarter of 2006. Guyana’s main exports are: sugar, gold, bauxite, aluminium, rice, shrimp and timber. Main export partners are: Canada (28 percent of total exports), United States (17 percent), United Kingdom (11 percent), Netherlands, Trinidad and Tobago and Jamaica. This page provides - Guyana Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Guyana decreased to 667.30 USD Million in the third quarter of 2019 from 737.80 USD Million in the second quarter of 2019. Imports in Guyana averaged 423.73 USD Million from 2001 until 2019, reaching an all time high of 783.70 USD Million in the fourth quarter of 2005 and a record low of 194.90 USD Million in the first quarter of 2006. Guyana main imports are: fuel, food, manufactures and machinery. Main import partners are: United States (21 percent of total imports), Trinidad and Tobago (20 percent), China (8 percent), South Africa (8 percent) and Cuba (6 percent). This page provides - Guyana Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guyana recorded a trade deficit of 252.50 USD Million in the third quarter of 2019. Balance of Trade in Guyana averaged -123.24 USD Million from 2001 until 2019, reaching an all time high of 16.20 USD Million in the fourth quarter of 2016 and a record low of -335 USD Million in the second quarter of 2019. Guyana runs systemic trade deficits due to low exports of its vast natural resources. The country is a net exporter of sugar, gold, bauxite, aluminium, rice, shrimp and timber. Guyana is dependent on imports of fuel, manufactured products and machinery. Main trading partners are the United States (17 percent of exports and 21 percent of imports) and Trinidad and Tobago. This page provides - Guyana Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Guyana stands at 14 percent. Sales Tax Rate in Guyana averaged 15 percent from 2014 until 2019, reaching an all time high of 16 percent in 2015 and a record low of 14 percent in 2017. In Guyana, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Guyana. This page provides - Guyana Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guyana recorded a Current Account deficit of 27.60 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Guyana averaged -15.34 percent from 1977 until 2018, reaching an all time high of -1.20 percent in 2015 and a record low of -37.09 percent in 1992. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Guyana Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Guyana increased to 13.80 percent in 2018 from 12.20 percent in 2017. Unemployment Rate in Guyana averaged 11.96 percent from 1980 until 2018, reaching an all time high of 16.80 percent in 1980 and a record low of 10.30 percent in 2007. In Guyana, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Guyana Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index Cpi in Guyana remained unchanged at 119.50 points in December from 119.50 points in November of 2019. Consumer Price Index Cpi in Guyana averaged 111.61 points from 2010 until 2019, reaching an all time high of 119.80 points in October of 2019 and a record low of 99.60 points in January of 2010. This page provides - Guyana Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Guyana increased 6.20 percent in December of 2019 over the same month in the previous year. Food Inflation in Guyana averaged 3.49 percent from 1994 until 2019, reaching an all time high of 120.10 percent in December of 1994 and a record low of -65.02 percent in December of 2009. This page provides - Guyana Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Guyana decreased 0 percent in December of 2019 over the previous month. Inflation Rate Mom in Guyana averaged 0.15 percent from 2010 until 2019, reaching an all time high of 2.60 percent in August of 2010 and a record low of -2.81 percent in January of 2015. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Guyana Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Guyana was estimated at 0.8 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Guyana had a population of 0.6 million people. The population of Guyana represents 0.01 percent of the world´s total population which arguably means that one person in every 9183 people on the planet is a resident of Guyana. This page provides - Guyana Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Guyana was worth 3.80 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Guyana represents 0 percent of the world economy. GDP in Guyana averaged 0.99 USD Billion from 1960 until 2019, reaching an all time high of 3.80 USD Billion in 2019 and a record low of 0.17 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Guyana GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Guyana decreased to 547.80 USD Million in February from 575.90 USD Million in January of 2020. Foreign Exchange Reserves in Guyana averaged 524.56 USD Million from 1998 until 2020, reaching an all time high of 872.10 USD Million in September of 2012 and a record low of 0 USD Million in December of 1998. This page provides - Guyana Foreign Exchange Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Guyana was recorded at 1.35 percent in February of 2020. Inflation Rate in Guyana averaged 4.62 percent from 1995 until 2020, reaching an all time high of 16.04 percent in April of 1995 and a record low of -1.76 percent in December of 2015. In Guyana, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Guyana Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Guyana thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Guyana as reported by major credit rating agencies.

Money Supply M2 in Guyana increased to 416.60 GYD Billion in 2019 from 394.93 GYD Billion in 2018. Money Supply M2 in Guyana averaged 382.44 GYD Billion from 2016 until 2019, reaching an all time high of 416.60 GYD Billion in 2019 and a record low of 351.04 GYD Billion in 2016. This page provides - Guyana Money Supply M2- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guyana recorded 94 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Guyana reported 10 Coronavirus Deaths. This page includes a chart with historical data for Guyana Coronavirus Cases.

Guyana recorded 10 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Guyana reported 94 Coronavirus Cases. This page includes a chart with historical data for Guyana Coronavirus Deaths.

Guyana recorded 34 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Guyana reported 10 Coronavirus Deaths. This page includes a chart with historical data for Guyana Coronavirus Recovered.

Loans to Private Sector in Cape Verde increased to 50795.30 CVE Million in December from 50727.80 CVE Million in November of 2015. Loans to Private Sector in Cape Verde averaged 42437.19 CVE Million from 2001 until 2015, reaching an all time high of 50795.30 CVE Million in December of 2015 and a record low of 5872.90 CVE Million in December of 2001. . This page provides - Cape Verde Loans to Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cape Verde is the 112 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Cape Verde averaged 114.89 from 2011 until 2019, reaching an all time high of 122 in 2013 and a record low of 105 in 2017. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Cape Verde Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cape Verde is the 41 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Cape Verde averaged 43.23 from 2007 until 2019, reaching an all time high of 49 in 2007 and a record low of 38 in 2016. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Cape Verde Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The transportation sub-index of the CPI basket in Cape Verde decreased to 100.20 points in March of 2020 from 100.90 points in February of 2020. Cpi Transportation in Cape Verde averaged 97.49 points from 2005 until 2020, reaching an all time high of 108.60 points in July of 2012 and a record low of 86.40 points in February of 2005. This page provides - Cape Verde Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Cape Verde expanded 5.70 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Cape Verde averaged 3.89 percent from 1981 until 2019, reaching an all time high of 13.60 percent in the third quarter of 2008 and a record low of -3.40 percent in the first quarter of 2013. The most important sector of Cape Verde’s economy is services and accounts for 72 percent of total GDP, of which public administration (18 percent); real estate and other services (13 percent); wholesale and retail trade (12 percent); transport (11 percent) and hotels and restaurants (7 percent). Industry constitutes 21 percent with construction (9 percent) and manufacturing, mining and quarrying (8 percent). Agriculture and fishing create 7 percent of the wealth. On the expenditure side, household consumption is the main component of GDP and accounts for 66 percent of its total use, followed by capital formation (36 percent) and government expenditure (17 percent). Exports of goods and services account for 47 percent of GDP while imports account for 67 percent, subtracting 20 percent of total GDP. This page provides the latest reported value for - Cape Verde GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Constant Prices in Cape Verde increased to 43937 CVE Million in the fourth quarter of 2019 from 41902 CVE Million in the third quarter of 2019. GDP Constant Prices in Cape Verde averaged 35126.21 CVE Million from 2007 until 2019, reaching an all time high of 43937 CVE Million in the fourth quarter of 2019 and a record low of 29063.30 CVE Million in the third quarter of 2007. This page provides - Cape Verde Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Cape Verde decreased to 2401 CVE Million in the fourth quarter of 2019 from 2427.40 CVE Million in the third quarter of 2019. GDP From Manufacturing in Cape Verde averaged 1895.41 CVE Million from 2007 until 2019, reaching an all time high of 2547.40 CVE Million in the first quarter of 2019 and a record low of 1271.20 CVE Million in the third quarter of 2007. This page provides - Cape Verde Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in Cape Verde increased to 3975 CVE Million in the fourth quarter of 2019 from 3908.40 CVE Million in the third quarter of 2019. GDP From Transport in Cape Verde averaged 3328.12 CVE Million from 2007 until 2019, reaching an all time high of 3975 CVE Million in the fourth quarter of 2019 and a record low of 2679.80 CVE Million in the first quarter of 2013. This page provides - Cape Verde Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Cape Verde increased to 72912.10 CVE Million in December from 69173.60 CVE Million in November of 2019. Foreign Exchange Reserves in Cape Verde averaged 24803.25 CVE Million from 1993 until 2019, reaching an all time high of 72912.10 CVE Million in December of 2019 and a record low of 784.10 CVE Million in December of 1998. In Cape Verde, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Cape Verde Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cape Verde recorded a trade deficit of 4770.50 CVE Million in February of 2020. Balance of Trade in Cape Verde averaged -5112.33 CVE Million from 1999 until 2020, reaching an all time high of -1864.74 CVE Million in February of 2004 and a record low of -27692.99 CVE Million in December of 2002. Cape Verde runs systemic trade deficits due to small export volume. The country’s main exports are fish (75 percent of total exports) and clothing (10 percent). Cape Verde is dependent on imports for fuel, food and machinery. Cape Verde main trading partners are Portugal (10 percent of total exports and 57 percent of imports) and Spain (86 percent of exports and 5 percent of imports). This page provides - Cape Verde Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Cape Verde increased to 230473.89 CVE Million in December from 227132.78 CVE Million in November of 2019. Banks Balance Sheet in Cape Verde averaged 181232.58 CVE Million from 2012 until 2019, reaching an all time high of 230473.89 CVE Million in December of 2019 and a record low of 134797.80 CVE Million in April of 2012. This page provides - Cape Verde Banks Balance Sheet- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Haiti expanded 1.50 percent in 2018 from the previous year. GDP Annual Growth Rate in Haiti averaged 1.40 percent from 1997 until 2018, reaching an all time high of 5.50 percent in 2011 and a record low of -5.50 percent in 2010. Haiti is one of the poorest and most politically unstable countries in the Caribbean. The devastating earthquake in 2010 caused damages in excess of 150 percent of GDP and destroyed most of the infrastructure. More than 80 percent of the population lives in poverty and the country relies heavily on remittances and foreign aid. The most important sector of the economy is substance agriculture which employs over 40 percent of the labour force. Despite having one the lowest trade tariffs in the Caribbean and a preferential trade agreement with the United States, Haiti failed to boost its trade due to lack of infrastructure and bureaucracy. Furthermore, the lack of a functioning legal system and endemic corruption make foreign investors reluctant to set up companies. This page provides - Haiti GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Haiti increased to 16277 HTG Million in 2018 from 16039 HTG Million in 2017. GDP Constant Prices in Haiti averaged 13898.23 HTG Million from 1997 until 2018, reaching an all time high of 16277 HTG Million in 2018 and a record low of 12410 HTG Million in 1997. This page provides - Haiti Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Haiti is the 138 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Haiti averaged 138.25 from 2012 until 2019, reaching an all time high of 143 in 2014 and a record low of 133 in 2017. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Haiti Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Haiti is the 168 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Haiti averaged 156.56 from 2002 until 2019, reaching an all time high of 177 in 2007 and a record low of 89 in 2002. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Haiti Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.