Bank deposits to GDP in Haiti
Haiti: Bank deposits to GDP was 24.2% in 2021. ◆ Volatile
Bank deposits to GDP in Haiti, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank deposits to gdp in Haiti stood at 24.2%.
The figure is up 16.7% on the previous year and up 8.7% over ten years.
Over the whole period, bank deposits to gdp in Haiti peaked at 54.3% in 1992 and was at its lowest, 1.3%, in 1966.
That places Haiti 155th out of 185 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Bank deposits to GDP in Haiti, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 2.3% | — |
| 1961 | 2.7% | +15.8% |
| 1962 | 2.4% | -8.9% |
| 1963 | 1.4% | -44.1% |
| 1964 | 1.4% | +4.1% |
| 1965 | 1.5% | +3.4% |
| 1966 | 1.3% | -7.9% |
| 1967 | 1.6% | +19.1% |
| 1968 | 1.6% | -2.8% |
| 1969 | 1.6% | -0.2% |
| 1970 | 1.7% | +9.8% |
| 1971 | 1.8% | +8.1% |
| 1972 | 2.8% | +50.6% |
| 1973 | 3.1% | +12.6% |
| 1974 | 3.8% | +20.6% |
| 1975 | 4.5% | +18.2% |
| 1976 | 5.3% | +17.9% |
| 1977 | 6.1% | +15.1% |
| 1978 | 7.2% | +18.3% |
| 1979 | 7.0% | -3.2% |
| 1980 | 7.8% | +12.6% |
| 1981 | 7.5% | -4.5% |
| 1982 | 7.7% | +3.4% |
| 1983 | 7.8% | +0.4% |
| 1984 | 7.6% | -1.4% |
| 1985 | 7.7% | +1.1% |
| 1986 | 7.4% | -4.4% |
| 1987 | 16.7% | +125.8% |
| 1988 | 27.5% | +64.6% |
| 1989 | 33.8% | +22.7% |
| 1990 | 38.6% | +14.3% |
| 1991 | 41.6% | +7.9% |
| 1992 | 54.3% | +30.4% |
| 1993 | 47.0% | -13.5% |
| 1994 | 17.9% | -61.9% |
| 1995 | 14.8% | -17.2% |
| 1996 | 14.0% | -5.3% |
| 1997 | 15.0% | +6.6% |
| 1998 | 14.4% | -3.9% |
| 1999 | 16.1% | +11.9% |
| 2000 | 17.4% | +7.9% |
| 2001 | 17.6% | +1.5% |
| 2002 | 19.5% | +10.9% |
| 2003 | 24.2% | +23.8% |
| 2004 | 20.6% | -15.0% |
| 2005 | 20.7% | +0.6% |
| 2006 | 19.6% | -5.4% |
| 2007 | 18.9% | -3.6% |
| 2008 | 18.8% | -0.3% |
| 2009 | 18.5% | -1.5% |
| 2010 | 22.9% | +23.7% |
| 2011 | 22.2% | -2.9% |
| 2012 | 22.0% | -1.1% |
| 2013 | 20.9% | -4.9% |
| 2014 | 21.5% | +2.5% |
| 2015 | 25.1% | +16.9% |
| 2016 | 25.5% | +1.5% |
| 2017 | 23.5% | -7.6% |
| 2018 | 24.9% | +6.0% |
| 2019 | 24.2% | -2.7% |
| 2020 | 20.7% | -14.5% |
| 2021 | 24.2% | +16.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.8% | 1.3% | 2.7% | 10 |
| 1970s | 4.3% | 1.7% | 7.2% | 10 |
| 1980s | 13.2% | 7.4% | 33.8% | 10 |
| 1990s | 27.4% | 14.0% | 54.3% | 10 |
| 2000s | 19.6% | 17.4% | 24.2% | 10 |
| 2010s | 23.3% | 20.9% | 25.5% | 10 |
| 2020s | 22.4% | 20.7% | 24.2% | 2 |
Countries ranked near Haiti
More financial sector data for Haiti
- Total reserves in months of imports, annual growth rate 16.86 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 18.46 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0694 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 187.06 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 16.65 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 192.5 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 19.04 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 208.09 SDR per person (2025)
Frequently asked questions
- What is bank deposits to gdp in Haiti?
- Bank deposits to gdp in Haiti was 24.2% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank deposits to gdp recorded in Haiti?
- The highest recorded value was 54.3% in 1992.
- What is the lowest bank deposits to gdp recorded in Haiti?
- The lowest recorded value was 1.3% in 1966.
- How does Haiti rank for bank deposits to gdp?
- Haiti ranks 155th out of 185 countries with data for 2021.
- Is bank deposits to gdp rising or falling in Haiti?
- Over the last ten years it is up 8.7%. The long-run trend across the full record is volatile.
- Where does this Haiti data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).