Haitian Economy (Real Sector and Price Trends)

Nationally, economic activity continues to evolve in an environment characterized by a deteriorating security situation, an accelerated deterioration in humanitarian conditions, and a weakening of the country's productive capacity. The underperformance of various sectors was reflected in the contraction of the Economic Activity Indicator (ICAE), which recorded a decline of 2.7% in the second quarter of 2025, following a 2.5% decline in the previous quarter. This economic sluggishness was observed across all sectors: primary (-5.7%), secondary (-4.9%), and tertiary (-1.2%).

Furthermore, the deteriorating security situation, particularly in the Artibonite and Centre departments, as well as in the Port-au-Prince metropolitan area, has caused continued internal displacement, disrupting commercial activities and worsening the population's living conditions.

According to a report by the International Organization for Migration (IOM) published on June 25, 2025, the number of internally displaced persons (IDPs) has reached 1.3 million. These population movements, combined with disruptions to supply chains, have exacerbated the precarious livelihoods of Haitian households and exacerbated the food crisis. Thus, the Food Insecurity Index analysis for the period from March to June 2025 revealed that approximately 5.7 million Haitians, or 51% of the population analyzed, are acutely food insecure, including one million children in critical situations. In this unstable socioeconomic climate, inflationary pressures have increased, with the annual inflation rate expected to reach 28.4% in June 2025, compared to 25.2% in March 2025.

Outlook :

Haiti's economic momentum for the remainder of the fiscal year remains dependent on the global macroeconomic environment and evolving socio-political and security conditions, as well as the potential impact of the hurricane season on the agricultural sector at the national level.

Strengthened investment, fueled by a favorable business climate, could stimulate economic recovery and contribute to improving Haiti's job market, with positive effects on food security.

The BRH closely monitors the economic situation to effectively adapt its monetary policy decisions to maintain macroeconomic and financial stability. At the same time, it is committed to contributing to the economic recovery by implementing support programs targeting sectors that have suffered greatly from this adverse environment, such as micro, small, and medium-sized enterprises (Booster PME), as well as the tourism sector.

Download the full note on monetary policy (PDF in French, 19 pages) :

https://www.haitilibre.com/docs/Note-sur-la-Politique-Monetaire-troisieme-trimestre-de-lexercice-fiscal-2024-2025-avril-juin-2025.pdf

HL/ HaïtiLibre