Private credit by deposit money banks to GDP in Haiti
Haiti: Private credit by deposit money banks to GDP was 8.0% in 2021. ◆ Volatile
Private credit by deposit money banks to GDP in Haiti, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, private credit by deposit money banks to gdp in Haiti stood at 8.0%.
The figure is down 2.0% on the previous year and down 0.0% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Haiti peaked at 23.4% in 1992 and was at its lowest, 0.9%, in 1963.
That places Haiti 178th out of 187 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.
Private credit by deposit money banks to GDP in Haiti, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 1.4% | — |
| 1961 | 1.5% | +4.4% |
| 1962 | 1.5% | -1.0% |
| 1963 | 0.9% | -41.3% |
| 1964 | 0.9% | +2.7% |
| 1965 | 1.3% | +43.6% |
| 1966 | 1.3% | +1.6% |
| 1967 | 1.6% | +23.8% |
| 1968 | 1.4% | -13.7% |
| 1969 | 1.5% | +11.6% |
| 1970 | 1.8% | +15.3% |
| 1971 | 1.6% | -8.6% |
| 1972 | 2.0% | +25.5% |
| 1973 | 3.0% | +47.4% |
| 1974 | 4.1% | +37.2% |
| 1975 | 4.5% | +8.8% |
| 1976 | 4.8% | +7.4% |
| 1977 | 5.4% | +11.2% |
| 1978 | 6.3% | +18.1% |
| 1979 | 6.4% | +0.8% |
| 1980 | 6.0% | -6.1% |
| 1981 | 6.2% | +3.9% |
| 1982 | 6.1% | -2.4% |
| 1983 | 5.7% | -6.0% |
| 1984 | 5.5% | -4.5% |
| 1985 | 5.0% | -8.8% |
| 1986 | 4.5% | -9.9% |
| 1987 | 8.7% | +93.5% |
| 1988 | 17.3% | +98.7% |
| 1989 | 22.4% | +30.0% |
| 1990 | 21.1% | -5.9% |
| 1991 | 20.3% | -4.1% |
| 1992 | 23.4% | +15.5% |
| 1993 | 18.5% | -20.8% |
| 1994 | 7.2% | -61.1% |
| 1995 | 7.2% | +0.2% |
| 1996 | 7.2% | +0.3% |
| 1997 | 8.9% | +23.2% |
| 1998 | 8.0% | -10.5% |
| 1999 | 8.1% | +1.9% |
| 2000 | 8.7% | +7.5% |
| 2001 | 8.0% | -8.1% |
| 2002 | 9.7% | +21.1% |
| 2003 | 9.8% | +0.6% |
| 2004 | 7.9% | -19.0% |
| 2005 | 8.3% | +4.3% |
| 2006 | 7.8% | -5.9% |
| 2007 | 7.3% | -6.2% |
| 2008 | 8.1% | +11.2% |
| 2009 | 7.8% | -4.3% |
| 2010 | 7.3% | -6.1% |
| 2011 | 8.0% | +10.3% |
| 2012 | 10.3% | +28.5% |
| 2013 | 10.3% | -0.4% |
| 2014 | 10.9% | +5.9% |
| 2015 | 10.3% | -5.9% |
| 2016 | 10.0% | -2.3% |
| 2017 | 9.4% | -5.9% |
| 2018 | 10.7% | +13.9% |
| 2019 | 10.1% | -5.9% |
| 2020 | 8.2% | -18.8% |
| 2021 | 8.0% | -2.0% |
Haiti compared with similar countries
- Haiti's 8.0% is below the median for lower middle income countries, which is 22.2%, 36% of the median. (46 countries reporting)
- Haiti's 8.0% is below the median for Latin America & Caribbean, which is 50.9%, 16% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks to GDP in Haiti changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +98.7% | 8.7% | 17.3% |
| 1987 | +93.5% | 4.5% | 8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.3% | 0.9% | 1.6% | 10 |
| 1970s | 4.0% | 1.6% | 6.4% | 10 |
| 1980s | 8.7% | 4.5% | 22.4% | 10 |
| 1990s | 13.0% | 7.2% | 23.4% | 10 |
| 2000s | 8.3% | 7.3% | 9.8% | 10 |
| 2010s | 9.7% | 7.3% | 10.9% | 10 |
| 2020s | 8.1% | 8.0% | 8.2% | 2 |
Countries ranked near Haiti
More financial sector data for Haiti
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 2.36 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.73 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 2.36 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is private credit by deposit money banks to gdp in Haiti?
- Private credit by deposit money banks to gdp in Haiti was 8.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Haiti?
- The highest recorded value was 23.4% in 1992.
- What is the lowest private credit by deposit money banks to gdp recorded in Haiti?
- The lowest recorded value was 0.9% in 1963.
- How does Haiti rank for private credit by deposit money banks to gdp?
- Haiti ranks 178th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Haiti?
- Over the last ten years it is down 0.0%. 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 Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks (IFS line 22d); 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).