Haiti: Selected Issues and Statistical Appendix

International Monetary Fund

doi:10.5089/9781451817690.002.A004

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Haiti: Selected Issues and Statistical Appendix

Author: International Monetary Fund

Publication Date:: 23 Aug 2007

eISBN:: 9781451817690

Language:: English

Keywords:: ISCR; CR; Haiti; fund staff estimate; exchange rate; revenue; bank of the Republic of Haiti; fund staff; net error; last quarter; origin of gross domestic product; Exports; Public sector; Commodity markets; Imports

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This Selected Issues paper analyzes Haiti’s external competitiveness. The analysis shows that the country has been experiencing equilibrium real exchange rate appreciation pressures, which have originated more recently from the rising inflow of transfers. The paper discusses avenues for further developing Haiti’s monetary policy framework to help consolidate a stable low-inflation environment and support deepening domestic financial markets. The analysis suggests that Haiti’s monetary policy regime could be strengthened through a two-step approach. The paper also focuses on options to increase domestic revenues as a means of funding priority expenditures.

Abstract

IV. Statistical Appendix

Table 1.

Haiti: National Accounts at Current Prices ^1/

(Fiscal year ending September 30)

Sources: Haitian Institute of Statistics (IHSI); Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Based on the new national accounts published by the IHSI in April 2001.

Table 1.

Haiti: National Accounts at Current Prices ^1/

(Fiscal year ending September 30)

	2002	2003	2004	2005	2006
	(In millions of gourdes)
Gross domestic product	94,028	119,758	140,387	168,034	200,456
Consumption	92,140	121,378	143,162	167,291	200,186
Central government	6,908	8,643	9,213	10,513	12,913
Other	85,232	112,736	133,949	156,778	187,273
Gross domestic investment	23,570	36,758	38,386	46,072	57,861
Public sector	4,057	8,351	9,491	11,968	10,689
Private sector	19,514	28,407	28,895	34,104	47,172
Balance of trade in goods and nonfactor services	-21,682	-38,378	-41,160	-45,329	-57,591
Exports	11,865	18,947	20,271	23,281	28,665
Imports	-33,548	-57,326	-61,432	-68,610	-86,255
	(Annual percentage change)
Gross domestic product	9.7	27.4	17.2	19.7	19.3
Consumption	9.7	31.7	17.9	16.9	19.7
Central government	6.9	25.1	6.6	14.1	22.8
Other	9.9	32.3	18.8	17.0	19.5
Gross domestic investment	6.4	56.0	4.4	20.0	25.6
Public sector	20.9	105.9	13.6	26.1	-10.7
Private sector	3.8	45.6	1.7	18.0	38.3
Balance of trade in goods and nonfactor services	7.8	77.0	7.2	10.1	27.0
Exports	12.5	59.7	7.0	14.8	23.1
Imports	8.2	70.9	7.2	11.7	25.7
	(In percent of GDP)
Consumption	98.0	101.4	102.0	99.6	99.9
Central government	7.3	7.2	6.6	6.3	6.4
Other	90.6	94.1	95.4	93.3	93.4
Gross domestic investment	25.1	30.7	27.3	27.4	28.9
Public sector	4.3	7.0	6.8	7.1	5.3
Private sector	20.8	23.7	20.6	20.3	23.5
Balance of trade in goods and nonfactor services	-23.1	-32.0	-29.3	-27.0	-28.7
Exports	12.6	15.8	14.4	13.9	14.3
Imports	-35.7	-47.9	-43.8	-40.8	-43.0

Sources: Haitian Institute of Statistics (IHSI); Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Based on the new national accounts published by the IHSI in April 2001.

Table 1.

Haiti: National Accounts at Current Prices ^1/

(Fiscal year ending September 30)

	2002	2003	2004	2005	2006
	(In millions of gourdes)
Gross domestic product	94,028	119,758	140,387	168,034	200,456
Consumption	92,140	121,378	143,162	167,291	200,186
Central government	6,908	8,643	9,213	10,513	12,913
Other	85,232	112,736	133,949	156,778	187,273
Gross domestic investment	23,570	36,758	38,386	46,072	57,861
Public sector	4,057	8,351	9,491	11,968	10,689
Private sector	19,514	28,407	28,895	34,104	47,172
Balance of trade in goods and nonfactor services	-21,682	-38,378	-41,160	-45,329	-57,591
Exports	11,865	18,947	20,271	23,281	28,665
Imports	-33,548	-57,326	-61,432	-68,610	-86,255
	(Annual percentage change)
Gross domestic product	9.7	27.4	17.2	19.7	19.3
Consumption	9.7	31.7	17.9	16.9	19.7
Central government	6.9	25.1	6.6	14.1	22.8
Other	9.9	32.3	18.8	17.0	19.5
Gross domestic investment	6.4	56.0	4.4	20.0	25.6
Public sector	20.9	105.9	13.6	26.1	-10.7
Private sector	3.8	45.6	1.7	18.0	38.3
Balance of trade in goods and nonfactor services	7.8	77.0	7.2	10.1	27.0
Exports	12.5	59.7	7.0	14.8	23.1
Imports	8.2	70.9	7.2	11.7	25.7
	(In percent of GDP)
Consumption	98.0	101.4	102.0	99.6	99.9
Central government	7.3	7.2	6.6	6.3	6.4
Other	90.6	94.1	95.4	93.3	93.4
Gross domestic investment	25.1	30.7	27.3	27.4	28.9
Public sector	4.3	7.0	6.8	7.1	5.3
Private sector	20.8	23.7	20.6	20.3	23.5
Balance of trade in goods and nonfactor services	-23.1	-32.0	-29.3	-27.0	-28.7
Exports	12.6	15.8	14.4	13.9	14.3
Imports	-35.7	-47.9	-43.8	-40.8	-43.0

Sources: Haitian Institute of Statistics (IHSI); Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Based on the new national accounts published by the IHSI in April 2001.

Table 2.

Haiti: National Accounts at Constant Prices ^1/

(Fiscal year ending September 30)

Sources: Haitian Institute of Statistics (IHSI); Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Based on the new national accounts published by the IHSI in April 2001.

Table 2.

Haiti: National Accounts at Constant Prices ^1/

(Fiscal year ending September 30)

	2002	2003	2004	2005	2006
	(In millions of 1986/87 gourdes)
Gross domestic expenditure	24,904	25,218	24,302	24,803	25,703
Consumption	20,514	20,691	19,921	20,359	21,162
Gross domestic investment	4,390	4,526	4,381	4,444	4,541
Balance of trade in goods and nonfactor services	-11,936	-12,203	-11,745	-12,020	-12,624
Exports	2,821	3,023	3,318	3,430	3,536
Imports	-14,757	-15,225	-15,063	-15,450	-16,160
Gross domestic product at market prices	12,968	13,015	12,557	12,783	13,079
	(Annual percentage change)
Gross domestic expenditure	-0.6	1.3	-3.6	2.1	3.6
Consumption	-1.2	0.9	-3.7	2.2	3.9
Gross domestic investment	2.5	3.1	-3.2	1.4	2.2
Exports	-2.1	7.1	9.8	3.4	3.1
Imports	-1.2	3.2	-1.1	2.6	4.6
Gross domestic product at market prices	-0.3	0.4	-3.5	1.8	2.3

Sources: Haitian Institute of Statistics (IHSI); Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Based on the new national accounts published by the IHSI in April 2001.

Table 2.

Haiti: National Accounts at Constant Prices ^1/

(Fiscal year ending September 30)

	2002	2003	2004	2005	2006
	(In millions of 1986/87 gourdes)
Gross domestic expenditure	24,904	25,218	24,302	24,803	25,703
Consumption	20,514	20,691	19,921	20,359	21,162
Gross domestic investment	4,390	4,526	4,381	4,444	4,541
Balance of trade in goods and nonfactor services	-11,936	-12,203	-11,745	-12,020	-12,624
Exports	2,821	3,023	3,318	3,430	3,536
Imports	-14,757	-15,225	-15,063	-15,450	-16,160
Gross domestic product at market prices	12,968	13,015	12,557	12,783	13,079
	(Annual percentage change)
Gross domestic expenditure	-0.6	1.3	-3.6	2.1	3.6
Consumption	-1.2	0.9	-3.7	2.2	3.9
Gross domestic investment	2.5	3.1	-3.2	1.4	2.2
Exports	-2.1	7.1	9.8	3.4	3.1
Imports	-1.2	3.2	-1.1	2.6	4.6
Gross domestic product at market prices	-0.3	0.4	-3.5	1.8	2.3

Sources: Haitian Institute of Statistics (IHSI); Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Based on the new national accounts published by the IHSI in April 2001.

Table 3.

Haiti: Origin of Gross Domestic Product

(Fiscal year ending September 30)

Sources: Haitian Institute of Statistics; Bank of the Republic of Haiti; and Fund staff estimates.

Table 3.

Haiti: Origin of Gross Domestic Product

(Fiscal year ending September 30)

	2002	2003	2004	2005	2006
	(In millions of constant 1986/87 gourdes)
Primary sector	3,340	3,348	3,187	3,269	3,323
Secondary sector	2,016	2,041	1,997	2,046	2,072
Manufacturing	999	1,003	978	994	1,017
Electricity and water	61	63	70	75	58
Construction and public works	957	975	949	977	997
Services sector	6,691	6,703	6,450	6,533	6,723
Transportation and communications	763	775	781	806	846
Commerce, restaurants, and hotels	3,509	3,529	3,305	3,350	3,451
Government	1,400	1,380	1,336	1,358	1,379
Other	1,019	1,020	1,028	1,019	1,047
Gross domestic product at factor prices	12,048	12,093	11,634	11,849	12,118
Indirect and import taxes	920	923	923	934	961
Gross domestic product at market prices	12,968	13,015	12,557	12,783	13,079
	(Percentage change over previous year)
Primary sector	-3.7	0.2	-4.8	2.6	1.6
Secondary sector	1.3	1.2	-2.2	2.5	1.3
Manufacturing 2/	1.6	0.5	-2.6	1.7	2.3
Electricity and water	2.1	3.2	11.5	6.9	-22.7
Construction and public works	0.9	1.9	-2.6	2.9	2.0
Services sector	1.1	0.2	-3.8	1.3	2.9
Transportation and communications	-0.3	1.6	0.9	3.2	4.9
Commerce, restaurants, and hotels	2.9	0.6	-6.3	1.4	3.0
Government	1.1	-1.4	-3.2	1.6	1.6
Other	-4.0	0.1	0.8	-0.8	2.7
Gross Domestic Product at market prices	-0.3	0.4	-3.5	1.8	2.3
	(Percentage distribution)
Primary sector	25.8	25.7	25.4	25.6	25.4
Secondary sector	15.5	15.7	15.9	16.0	15.8
Manufacturing 2/	7.7	7.7	7.8	7.8	7.8
Electricity and water	0.5	0.5	0.6	0.6	0.4
Construction and public works	7.4	7.5	7.6	7.6	7.6
Services sector	51.6	51.5	51.4	51.1	51.4
Utilities, transportation, communications	5.9	6.0	6.2	6.3	6.5
Commerce	27.1	27.1	26.3	26.2	26.4
Government	10.8	10.6	10.6	10.6	10.5
Other	7.9	7.8	8.2	8.0	8.0
Indirect and import taxes	7.1	7.1	7.3	7.3	7.3
Gross domestic product at market prices	100.0	100.0	100.0	100.0	100.0

Sources: Haitian Institute of Statistics; Bank of the Republic of Haiti; and Fund staff estimates.

Table 3.

Haiti: Origin of Gross Domestic Product

(Fiscal year ending September 30)

	2002	2003	2004	2005	2006
	(In millions of constant 1986/87 gourdes)
Primary sector	3,340	3,348	3,187	3,269	3,323
Secondary sector	2,016	2,041	1,997	2,046	2,072
Manufacturing	999	1,003	978	994	1,017
Electricity and water	61	63	70	75	58
Construction and public works	957	975	949	977	997
Services sector	6,691	6,703	6,450	6,533	6,723
Transportation and communications	763	775	781	806	846
Commerce, restaurants, and hotels	3,509	3,529	3,305	3,350	3,451
Government	1,400	1,380	1,336	1,358	1,379
Other	1,019	1,020	1,028	1,019	1,047
Gross domestic product at factor prices	12,048	12,093	11,634	11,849	12,118
Indirect and import taxes	920	923	923	934	961
Gross domestic product at market prices	12,968	13,015	12,557	12,783	13,079
	(Percentage change over previous year)
Primary sector	-3.7	0.2	-4.8	2.6	1.6
Secondary sector	1.3	1.2	-2.2	2.5	1.3
Manufacturing 2/	1.6	0.5	-2.6	1.7	2.3
Electricity and water	2.1	3.2	11.5	6.9	-22.7
Construction and public works	0.9	1.9	-2.6	2.9	2.0
Services sector	1.1	0.2	-3.8	1.3	2.9
Transportation and communications	-0.3	1.6	0.9	3.2	4.9
Commerce, restaurants, and hotels	2.9	0.6	-6.3	1.4	3.0
Government	1.1	-1.4	-3.2	1.6	1.6
Other	-4.0	0.1	0.8	-0.8	2.7
Gross Domestic Product at market prices	-0.3	0.4	-3.5	1.8	2.3
	(Percentage distribution)
Primary sector	25.8	25.7	25.4	25.6	25.4
Secondary sector	15.5	15.7	15.9	16.0	15.8
Manufacturing 2/	7.7	7.7	7.8	7.8	7.8
Electricity and water	0.5	0.5	0.6	0.6	0.4
Construction and public works	7.4	7.5	7.6	7.6	7.6
Services sector	51.6	51.5	51.4	51.1	51.4
Utilities, transportation, communications	5.9	6.0	6.2	6.3	6.5
Commerce	27.1	27.1	26.3	26.2	26.4
Government	10.8	10.6	10.6	10.6	10.5
Other	7.9	7.8	8.2	8.0	8.0
Indirect and import taxes	7.1	7.1	7.3	7.3	7.3
Gross domestic product at market prices	100.0	100.0	100.0	100.0	100.0

Sources: Haitian Institute of Statistics; Bank of the Republic of Haiti; and Fund staff estimates.

Table 4.

Haiti: Savings and Investment

(Fiscal year ending September 30)

Sources: Haitian Institute of Statistics; Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Fund staff estimates for 2002–06.

^{^2/}Including grants.

^{^3/}Includes trust fund, publicly guaranteed capital, SDR allocation, and other unrequited earnings.

^{^4/}Includes monetary capital and net errors and omissions.

Table 4.

Haiti: Savings and Investment

(Fiscal year ending September 30)

	2002	2003	2004	2005	2006
	(In millions of gourdes)
Gross domestic investment	23,570	36,758	38,386	46,072	57,861
Public sector ^1/	4,057	8,351	9,491	11,968	10,689
Private sector ^1/	19,514	28,407	28,895	34,104	47,172
Gross domestic savings	22,762	34,898	36,141	50,515	57,833
Public sector	-1,036	-410	1,894	2,469	3,207
Private sector	23,798	35,308	34,248	48,047	54,626
Current account ^2/	-808	-1,860	-2,244	4,444	-28
External savings	-808	-1,860	-2,244	4,444	-28
Official capital (net) ^3/	-667	-129	-416	1221	2111
Private capital (net) ^4/	-463	1216	3959	-3475	1552
Change in arrears	828	381	796	-1688	387
Changes in net foreign assets (increase -)	1111	392	-2095	-501	-4022
	(In percent of GDP, at current market prices)
Gross domestic investment	25.1	30.7	27.3	27.4	28.9
Public sector	4.3	7.0	6.8	7.1	5.3
Private sector	20.8	23.7	20.6	20.3	23.5
Gross domestic savings	24.2	29.1	25.7	30.1	28.9
Public sector	-1.1	-0.3	1.3	1.5	1.6
Private sector	25.3	29.5	24.4	28.6	27.3
External savings	-0.9	-1.6	-1.6	2.6	0.0
Official capital (net)	-0.7	-0.1	-0.3	0.7	1.1
Private capital	-0.5	1.0	2.8	-2.1	0.8
Change in arrears	0.9	0.3	0.6	-1.0	0.2
Changes in net foreign assets (increase -)	1.2	0.3	-1.5	-0.3	-2.0
Memorandum item:
Nominal GDP (in millions of gourdes)	94,028	119,758	140,387	168,034	200,456

Sources: Haitian Institute of Statistics; Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Fund staff estimates for 2002–06.

^{^2/}Including grants.

^{^3/}Includes trust fund, publicly guaranteed capital, SDR allocation, and other unrequited earnings.

^{^4/}Includes monetary capital and net errors and omissions.

Table 4.

Haiti: Savings and Investment

(Fiscal year ending September 30)

	2002	2003	2004	2005	2006
	(In millions of gourdes)
Gross domestic investment	23,570	36,758	38,386	46,072	57,861
Public sector ^1/	4,057	8,351	9,491	11,968	10,689
Private sector ^1/	19,514	28,407	28,895	34,104	47,172
Gross domestic savings	22,762	34,898	36,141	50,515	57,833
Public sector	-1,036	-410	1,894	2,469	3,207
Private sector	23,798	35,308	34,248	48,047	54,626
Current account ^2/	-808	-1,860	-2,244	4,444	-28
External savings	-808	-1,860	-2,244	4,444	-28
Official capital (net) ^3/	-667	-129	-416	1221	2111
Private capital (net) ^4/	-463	1216	3959	-3475	1552
Change in arrears	828	381	796	-1688	387
Changes in net foreign assets (increase -)	1111	392	-2095	-501	-4022
	(In percent of GDP, at current market prices)
Gross domestic investment	25.1	30.7	27.3	27.4	28.9
Public sector	4.3	7.0	6.8	7.1	5.3
Private sector	20.8	23.7	20.6	20.3	23.5
Gross domestic savings	24.2	29.1	25.7	30.1	28.9
Public sector	-1.1	-0.3	1.3	1.5	1.6
Private sector	25.3	29.5	24.4	28.6	27.3
External savings	-0.9	-1.6	-1.6	2.6	0.0
Official capital (net)	-0.7	-0.1	-0.3	0.7	1.1
Private capital	-0.5	1.0	2.8	-2.1	0.8
Change in arrears	0.9	0.3	0.6	-1.0	0.2
Changes in net foreign assets (increase -)	1.2	0.3	-1.5	-0.3	-2.0
Memorandum item:
Nominal GDP (in millions of gourdes)	94,028	119,758	140,387	168,034	200,456

Sources: Haitian Institute of Statistics; Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Fund staff estimates for 2002–06.

^{^2/}Including grants.

^{^3/}Includes trust fund, publicly guaranteed capital, SDR allocation, and other unrequited earnings.

^{^4/}Includes monetary capital and net errors and omissions.

Table 5.

Haiti: Changes in Consumer Prices by Category ^/1

(Fiscal year ending September 30)

Sources: Haitian Institute of Statistics; Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Percentage change in annual average index.

Table 5.

Haiti: Changes in Consumer Prices by Category ^/1

(Fiscal year ending September 30)

		2002	2003	2004	2005	2006
Total		9.3	26.7	28.3	16.8	14.2
Food		9.2	32.2	28.2	17.9	14.8
Clothing		8.5	22.4	18.0	14.9	10.0
Housing		10.9	20.8	24.5	8.4	23.8
Furniture and household items		9.5	24.1	19.7	12.9	15.8
Services
	Health	8.2	21.5	19.8	15.2	11.8
	Education	11.6	15.4	18.7	18.9	8.5
	Transportation	8.3	28.9	46.5	21.8	11.3
	Other goods and services	7.7	23.4	30.8	14.0	7.6

Sources: Haitian Institute of Statistics; Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Percentage change in annual average index.

Table 5.

Haiti: Changes in Consumer Prices by Category ^/1

(Fiscal year ending September 30)

		2002	2003	2004	2005	2006
Total		9.3	26.7	28.3	16.8	14.2
Food		9.2	32.2	28.2	17.9	14.8
Clothing		8.5	22.4	18.0	14.9	10.0
Housing		10.9	20.8	24.5	8.4	23.8
Furniture and household items		9.5	24.1	19.7	12.9	15.8
Services
	Health	8.2	21.5	19.8	15.2	11.8
	Education	11.6	15.4	18.7	18.9	8.5
	Transportation	8.3	28.9	46.5	21.8	11.3
	Other goods and services	7.7	23.4	30.8	14.0	7.6

Sources: Haitian Institute of Statistics; Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Percentage change in annual average index.

Table 6.

Haiti: Minimum Wage Rates

(Fiscal year ending September 30)

Sources: Ministry of Social Affairs; Haitian Institute of Statistics; and Bank of the Republic of Haiti.

^{^1/}Last quarter of 1981=100. Deflated by consumer price index for Port-au-Prince until 1991. Deflated by an index covering the whole country beginning in 1992.

Table 6.

Haiti: Minimum Wage Rates

(Fiscal year ending September 30)

	Standard Wage Rate	Real Wage
	(Gourdes per day)	Index ^1/
1990	15.0	66.1
1991	15.0	57.2
1992	15.0	47.9
1993	15.0	37.0
1994	15.0	26.9
1995	36.0	49.6
1996	36.0	40.6
1997	36.0	35.0
1998	36.0	31.0
1999	36.0	28.7
2000	36.0	25.8
2001	36.0	22.1
2002	36.0	20.3
2003	70.0	29.8
2004	70.0	23.4
2005	70.0	20.2
2006	70.0	17.9

Sources: Ministry of Social Affairs; Haitian Institute of Statistics; and Bank of the Republic of Haiti.

^{^1/}Last quarter of 1981=100. Deflated by consumer price index for Port-au-Prince until 1991. Deflated by an index covering the whole country beginning in 1992.

Table 6.

Haiti: Minimum Wage Rates

(Fiscal year ending September 30)

	Standard Wage Rate	Real Wage
	(Gourdes per day)	Index ^1/
1990	15.0	66.1
1991	15.0	57.2
1992	15.0	47.9
1993	15.0	37.0
1994	15.0	26.9
1995	36.0	49.6
1996	36.0	40.6
1997	36.0	35.0
1998	36.0	31.0
1999	36.0	28.7
2000	36.0	25.8
2001	36.0	22.1
2002	36.0	20.3
2003	70.0	29.8
2004	70.0	23.4
2005	70.0	20.2
2006	70.0	17.9

Sources: Ministry of Social Affairs; Haitian Institute of Statistics; and Bank of the Republic of Haiti.

^{^1/}Last quarter of 1981=100. Deflated by consumer price index for Port-au-Prince until 1991. Deflated by an index covering the whole country beginning in 1992.

Table 7.

Haiti: Central Government Current Revenue

(Fiscal year ending September 30)

Sources: Ministry of Economy and Finance; and Bank of the Republic of Haiti.

Table 7.

Haiti: Central Government Current Revenue

(Fiscal year ending September 30)

				2002	2003	2004	2005	2006
				(In millions of gourdes)
Total current revenue				7,437	10,750	12,457	16,233	20,061
Customs				2,069	2,762	3,481	4,091	6,342
Internal				5,232	7,462	8,769	11,304	13,057
	General sales tax			2,609	3,372	3,648	4,189	6,267
		Internal		651	842	960	1,122	1,594
		Customs		1,958	2,530	2,688	3,068	4,673
	Taxes on income and profits			1,314	1,849	2,619	3,798	3,519
		Corporate		551	671	1,164	1,454	1,786
		Individual		763	1,178	1,454	2,345	1,733
	Taxes on property			0	0	0	92.99	136.85
	Other taxes and fees			1,309	2,240	2,502	3,224	3,134
		Excise		575	896	1,176	1,246	1,346
			Petroleum	369	647	870	926	883
			Cigarette	28	27	108	112	113
			Other excises	178	222	198	209	351
		Motor vehicles			358	302	70	66
		Consular services
		Other		734	986	1,025	1,907	1,721
	Other			136	526	207	837	662
				(In percent of GDP)
Total current revenue				7.9	9.0	8.9	9.7	10.0
Customs				2.2	2.3	2.5	2.4	3.2
Internal				5.6	6.2	6.2	6.7	6.5
	General sales tax			2.8	2.8	2.6	2.5	3.1
		Internal		0.7	0.7	0.7	0.7	0.8
		Customs		2.1	2.1	1.9	1.8	2.3
	Taxes on income and profits			1.4	1.5	1.9	2.3	1.8
		Corporate		0.6	0.6	0.8	0.9	0.9
		Individual		0.8	1.0	1.0	1.4	0.9
	Taxes on property			0.0	0.0	0.0	0.1	0.1
	Other taxes and fees			1.4	1.9	1.8	1.9	1.6
Memorandum item:
Nominal GDP (millions of gourdes)				93,840	119,616	140,346	168,034	200,456

Sources: Ministry of Economy and Finance; and Bank of the Republic of Haiti.

Table 7.

Haiti: Central Government Current Revenue

(Fiscal year ending September 30)

				2002	2003	2004	2005	2006
				(In millions of gourdes)
Total current revenue				7,437	10,750	12,457	16,233	20,061
Customs				2,069	2,762	3,481	4,091	6,342
Internal				5,232	7,462	8,769	11,304	13,057
	General sales tax			2,609	3,372	3,648	4,189	6,267
		Internal		651	842	960	1,122	1,594
		Customs		1,958	2,530	2,688	3,068	4,673
	Taxes on income and profits			1,314	1,849	2,619	3,798	3,519
		Corporate		551	671	1,164	1,454	1,786
		Individual		763	1,178	1,454	2,345	1,733
	Taxes on property			0	0	0	92.99	136.85
	Other taxes and fees			1,309	2,240	2,502	3,224	3,134
		Excise		575	896	1,176	1,246	1,346
			Petroleum	369	647	870	926	883
			Cigarette	28	27	108	112	113
			Other excises	178	222	198	209	351
		Motor vehicles			358	302	70	66
		Consular services
		Other		734	986	1,025	1,907	1,721
	Other			136	526	207	837	662
				(In percent of GDP)
Total current revenue				7.9	9.0	8.9	9.7	10.0
Customs				2.2	2.3	2.5	2.4	3.2
Internal				5.6	6.2	6.2	6.7	6.5
	General sales tax			2.8	2.8	2.6	2.5	3.1
		Internal		0.7	0.7	0.7	0.7	0.8
		Customs		2.1	2.1	1.9	1.8	2.3
	Taxes on income and profits			1.4	1.5	1.9	2.3	1.8
		Corporate		0.6	0.6	0.8	0.9	0.9
		Individual		0.8	1.0	1.0	1.4	0.9
	Taxes on property			0.0	0.0	0.0	0.1	0.1
	Other taxes and fees			1.4	1.9	1.8	1.9	1.6
Memorandum item:
Nominal GDP (millions of gourdes)				93,840	119,616	140,346	168,034	200,456

Sources: Ministry of Economy and Finance; and Bank of the Republic of Haiti.

Table 8.

Haiti: Sectoral Distribution of Commercial Bank Credit ^1/

(Fiscal year ending September 30)

Source: Bank of the Republic of Haiti.

^{^1/}Excludes loans below G 75,000.

^{^2/}As of June 30.

Table 8.

Haiti: Sectoral Distribution of Commercial Bank Credit ^1/

(Fiscal year ending September 30)

	2002 ^/2	2003	2004	2005
	(In millions of gourdes)
Total	12,160.0	16,008.4	19,684.7	23,492.4
Retail and wholesale trade	8,717.1	10518.1	6486.93	6950.41
Loans to individuals	1,622.0	1859.6	2091.1	2940.48
Manufacturing	1,306.7	2464.9	3449.38	4745.23
Electricity, gas, and water	12.9	133.1	348.58	300.34
Construction	357.7	352.1	269.9	491
Insurance and real estate	90.5	76.1	2487.45	2786.16
Transport and communication	23.0	542.3	810.87	498.54
Agriculture	0.2	0	7.58	1.86
Other services	29.9	62.2	3732.92	4778.41
	(In percent of total credit)
Total	100.0	100.0	100.0	100.0
Retail and wholesale trade	71.7	65.7	62.5	29.6
Loans to individuals	13.3	11.6	15.3	12.5
Manufacturing	10.7	15.4	13.7	20.2
Electricity, gas, and water	0.1	0.8	0.8	1.3
Construction	2.9	2.2	1.9	2.1
Insurance and real estate	0.7	0.5	2.1	11.9
Transport and communication	0.2	3.4	3.2	2.1
Agriculture	0.0	0.0	0.0	0.0
Other services	0.2	0.4	0.6	20.3

Source: Bank of the Republic of Haiti.

^{^1/}Excludes loans below G 75,000.

^{^2/}As of June 30.

Table 8.

Haiti: Sectoral Distribution of Commercial Bank Credit ^1/

(Fiscal year ending September 30)

	2002 ^/2	2003	2004	2005
	(In millions of gourdes)
Total	12,160.0	16,008.4	19,684.7	23,492.4
Retail and wholesale trade	8,717.1	10518.1	6486.93	6950.41
Loans to individuals	1,622.0	1859.6	2091.1	2940.48
Manufacturing	1,306.7	2464.9	3449.38	4745.23
Electricity, gas, and water	12.9	133.1	348.58	300.34
Construction	357.7	352.1	269.9	491
Insurance and real estate	90.5	76.1	2487.45	2786.16
Transport and communication	23.0	542.3	810.87	498.54
Agriculture	0.2	0	7.58	1.86
Other services	29.9	62.2	3732.92	4778.41
	(In percent of total credit)
Total	100.0	100.0	100.0	100.0
Retail and wholesale trade	71.7	65.7	62.5	29.6
Loans to individuals	13.3	11.6	15.3	12.5
Manufacturing	10.7	15.4	13.7	20.2
Electricity, gas, and water	0.1	0.8	0.8	1.3
Construction	2.9	2.2	1.9	2.1
Insurance and real estate	0.7	0.5	2.1	11.9
Transport and communication	0.2	3.4	3.2	2.1
Agriculture	0.0	0.0	0.0	0.0
Other services	0.2	0.4	0.6	20.3

Source: Bank of the Republic of Haiti.

^{^1/}Excludes loans below G 75,000.

^{^2/}As of June 30.

Table 9.

Haiti: Interest Rates ^1/

Source: Bank of the Republic of Haiti.

^{^1/}In percent per annum.

^{^2/}Interest rates shown here are a simple average of the lowest and highest end-of-period deposit and lending rates reported by the commercial banks.

^{^3/}Change in consumer price index compared to same period 12 months earlier.

Table 9.

Haiti: Interest Rates ^1/

	Gourde Denominated				Dollar Denominated
	Deposits ^2/		91-day		Deposits ^2/			Annual
	Time	Savings	Lending ^2/	BRH Bonds	Time	Savings	Lending ^2/	Inflation ^3/
2002
March	8.0	2.5	26.0	12.0	2.8	1.5	12.0	8.5
June	7.6	2.3	26.0	10.0	2.5	1.4	11.3	8.4
September	7.6	2.3	24.0	10.2	2.5	1.4	10.5	10.1
December	7.6	2.3	26.0	15.6	2.8	1.4	13.0	14.8
2003
March	14.0	2.3	30.0	27.5	3.3	1.3	13.0	37.0
June	14.5	3.3	30.0	27.8	3.1	1.3	17.0	41.7
September	15.0	3.3	33.0	27.8	3.4	1.3	15.5	42.5
December	14.5	3.3	31.0	27.8	3.3	1.3	13.0	40.4
2004
March	15.0	2.3	33.0	27.8	3.6	1.3	13.0	20.8
June	14.0	2.3	36.5	20.0	2.6	1.3	14.5	24.1
September	7.5	1.5	33.0	7.6	3.6	1.3	14.0	22.5
December	3.5	1.4	33.0	7.6	2.6	0.9	14.5	20.2
2005
March	2.4	1.1	33.0	7.5	2.3	0.6	13.0	17.1
June	2.4	1.1	22.5	13.4	2.9	0.6	11.5	14.5
September	4.5	1.1	23.5	15.6	2.8	0.9	11.5	14.8
December	6.3	1.1	23.5	18.9	2.8	0.9	11.5	15.3
2006
March	6.0	1.1	27.0	18.9	3.0	0.9	14.0	15.3
June	6.8	1.1	31.5	17.8	4.6	0.9	14.0	13.0
September	6.0	1.1	31.5	17.8	3.5	0.5	13.0	12.4
December	6.3	1.1	34.5	16.7	3.5	0.5	13.3	10.3

Source: Bank of the Republic of Haiti.

^{^1/}In percent per annum.

^{^2/}Interest rates shown here are a simple average of the lowest and highest end-of-period deposit and lending rates reported by the commercial banks.

^{^3/}Change in consumer price index compared to same period 12 months earlier.

Table 9.

Haiti: Interest Rates ^1/

	Gourde Denominated				Dollar Denominated
	Deposits ^2/		91-day		Deposits ^2/			Annual
	Time	Savings	Lending ^2/	BRH Bonds	Time	Savings	Lending ^2/	Inflation ^3/
2002
March	8.0	2.5	26.0	12.0	2.8	1.5	12.0	8.5
June	7.6	2.3	26.0	10.0	2.5	1.4	11.3	8.4
September	7.6	2.3	24.0	10.2	2.5	1.4	10.5	10.1
December	7.6	2.3	26.0	15.6	2.8	1.4	13.0	14.8
2003
March	14.0	2.3	30.0	27.5	3.3	1.3	13.0	37.0
June	14.5	3.3	30.0	27.8	3.1	1.3	17.0	41.7
September	15.0	3.3	33.0	27.8	3.4	1.3	15.5	42.5
December	14.5	3.3	31.0	27.8	3.3	1.3	13.0	40.4
2004
March	15.0	2.3	33.0	27.8	3.6	1.3	13.0	20.8
June	14.0	2.3	36.5	20.0	2.6	1.3	14.5	24.1
September	7.5	1.5	33.0	7.6	3.6	1.3	14.0	22.5
December	3.5	1.4	33.0	7.6	2.6	0.9	14.5	20.2
2005
March	2.4	1.1	33.0	7.5	2.3	0.6	13.0	17.1
June	2.4	1.1	22.5	13.4	2.9	0.6	11.5	14.5
September	4.5	1.1	23.5	15.6	2.8	0.9	11.5	14.8
December	6.3	1.1	23.5	18.9	2.8	0.9	11.5	15.3
2006
March	6.0	1.1	27.0	18.9	3.0	0.9	14.0	15.3
June	6.8	1.1	31.5	17.8	4.6	0.9	14.0	13.0
September	6.0	1.1	31.5	17.8	3.5	0.5	13.0	12.4
December	6.3	1.1	34.5	16.7	3.5	0.5	13.3	10.3

Source: Bank of the Republic of Haiti.

^{^1/}In percent per annum.

^{^2/}Interest rates shown here are a simple average of the lowest and highest end-of-period deposit and lending rates reported by the commercial banks.

^{^3/}Change in consumer price index compared to same period 12 months earlier.

Table 10.

Haiti: Reserve Position of the Commercial Banks

(Fiscal year ending September 30)

Sources: Bank of the Republic of Haiti; and Fund staff estimates.

Table 10.

Haiti: Reserve Position of the Commercial Banks

(Fiscal year ending September 30)

	2002	2003	2004	2005	2006
	(In millions of gourdes)
Deposit liabilities	30,576	43,585	48,076	57,743	63,932
Actual reserves	6,531	9,518	13,174	13,558	15,017
Required reserves	6,491	8,806	10,075	11,397	12,598
Excess/deficiency (-)	39	712	3,099	2,160	2,419
	(In percent of deposit liabilities)
Actual reserves	21.4	21.8	27.4	23.5	23.5
Required reserves	21.2	20.2	21.0	19.7	19.7
Excess/deficiency (-)	0.1	1.6	6.4	3.7	3.8

Sources: Bank of the Republic of Haiti; and Fund staff estimates.

Table 10.

Haiti: Reserve Position of the Commercial Banks

(Fiscal year ending September 30)

	2002	2003	2004	2005	2006
	(In millions of gourdes)
Deposit liabilities	30,576	43,585	48,076	57,743	63,932
Actual reserves	6,531	9,518	13,174	13,558	15,017
Required reserves	6,491	8,806	10,075	11,397	12,598
Excess/deficiency (-)	39	712	3,099	2,160	2,419
	(In percent of deposit liabilities)
Actual reserves	21.4	21.8	27.4	23.5	23.5
Required reserves	21.2	20.2	21.0	19.7	19.7
Excess/deficiency (-)	0.1	1.6	6.4	3.7	3.8

Sources: Bank of the Republic of Haiti; and Fund staff estimates.

Table 11.

Haiti: Composition of Exports

(Fiscal year ending September 30)

Sources: Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Includes valuation and classification adjustments made by the Bank of the Republic of Haiti.

Table 11.

Haiti: Composition of Exports

(Fiscal year ending September 30)

	2002	2003	2004	2005	2006
	(In millions of U.S. dollars)
Total exports, f.o.b.	274.4	333.2	378.3	458.9	494.4
Agricultural exports	19.9	20.9	24.2	27.9	31.3
Coffee	2.9	3.6	4.3	3.8	5.9
Sugar/Melasse	1.2	1.6	1.0	1.2	0.9
Mango	5.5	4.7	6.6	8.9	8.8
Cocoa	5.5	6.1	6.5	6.9	4.9
Essential oils	4.8	5.1	5.9	7.2	10.8
Light manufactures ^1/	226.5	283.0	324.4	402.2	440.4
Domestic inputs	5.8	4.9	4.3	5.4	5.5
Imported inputs	220.8	278.1	320.1	396.8	435.0
Other items	28.0	29.2	29.6	28.7	22.7
	(In percent of total exports)
	7.3	6.3	6.4	6.1	6.3
Agricultural exports	82.5	84.9	85.8	87.7	89.1
Light manufactures ^1/	10.2	8.8	7.8	6.3	4.6
Others
	(Annual percentage changes)
Total exports	-9.9	21.4	13.5	21.3	7.7
Agricultural exports	41.1	5.1	15.8	15.3	11.8
Light manufactures ^1/	-13.9	24.9	14.6	24.0	9.5

Sources: Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Includes valuation and classification adjustments made by the Bank of the Republic of Haiti.

Table 11.

Haiti: Composition of Exports

(Fiscal year ending September 30)

	2002	2003	2004	2005	2006
	(In millions of U.S. dollars)
Total exports, f.o.b.	274.4	333.2	378.3	458.9	494.4
Agricultural exports	19.9	20.9	24.2	27.9	31.3
Coffee	2.9	3.6	4.3	3.8	5.9
Sugar/Melasse	1.2	1.6	1.0	1.2	0.9
Mango	5.5	4.7	6.6	8.9	8.8
Cocoa	5.5	6.1	6.5	6.9	4.9
Essential oils	4.8	5.1	5.9	7.2	10.8
Light manufactures ^1/	226.5	283.0	324.4	402.2	440.4
Domestic inputs	5.8	4.9	4.3	5.4	5.5
Imported inputs	220.8	278.1	320.1	396.8	435.0
Other items	28.0	29.2	29.6	28.7	22.7
	(In percent of total exports)
	7.3	6.3	6.4	6.1	6.3
Agricultural exports	82.5	84.9	85.8	87.7	89.1
Light manufactures ^1/	10.2	8.8	7.8	6.3	4.6
Others
	(Annual percentage changes)
Total exports	-9.9	21.4	13.5	21.3	7.7
Agricultural exports	41.1	5.1	15.8	15.3	11.8
Light manufactures ^1/	-13.9	24.9	14.6	24.0	9.5

Sources: Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Includes valuation and classification adjustments made by the Bank of the Republic of Haiti.

Table 12.

Haiti: Composition of Imports

(Fiscal year ending September 30)

Sources: Bank of the Republic of Haiti; U.S. Department of Commerce; and Fund staff estimates.

^{^1/}Includes beverage, oils and fats, pharmaceutical and chemical products.

Table 12.

Haiti: Composition of Imports

(Fiscal year ending September 30)

			2002	2003	2004	2005	2006
			(In millions of U.S. dollars)
Total imports, c.i.f.			1054.2	1200.0	1301.6	1406.9	1664.8
Food and others ^1/			337.4	362.7	450.0	423.0	479.6
	Of which
		Food	235.9	267.7	355.8	330.7	373.6
Fuel and lubricants			157.3	196.5	218.0	313.5	397.1
Machines and transport equipment			159.8	165.3	173.2	156.6	245.8
Raw Materials			21.0	19.1	19.3	15.1	19.4
Manufactured goods			293.9	346.9	337.8	376.2	377.5
Other imports			84.9	109.6	103.3	122.6	145.4
			(In percent of total)
Food and others			32.0	30.2	34.6	30.1	28.8
Fuel and lubricants			14.9	16.4	16.7	22.3	23.9
Machines and transportation			15.2	13.8	13.3	11.1	14.8
Raw materials			2.0	1.6	1.5	1.1	1.2
Manufactured goods			27.9	28.9	26.0	26.7	22.7
Other imports			8.1	9.1	7.9	8.7	8.7
			(Annual percentage change)
Total			-7.1	13.8	8.5	8.1	18.3
Food and others			-14.2	7.5	24.1	-6.0	13.4
Fuel and lubricants			-4.0	24.9	10.9	43.8	26.7
Machines and transportation			-4.9	-8.9	1.2	-21.8	28.2
Raw materials			-6.3	18.1	-2.6	11.3	0.4
Manufactured goods			26.8	29.1	-5.8	18.8	18.6

Sources: Bank of the Republic of Haiti; U.S. Department of Commerce; and Fund staff estimates.

^{^1/}Includes beverage, oils and fats, pharmaceutical and chemical products.

Table 12.

Haiti: Composition of Imports

(Fiscal year ending September 30)

			2002	2003	2004	2005	2006
			(In millions of U.S. dollars)
Total imports, c.i.f.			1054.2	1200.0	1301.6	1406.9	1664.8
Food and others ^1/			337.4	362.7	450.0	423.0	479.6
	Of which
		Food	235.9	267.7	355.8	330.7	373.6
Fuel and lubricants			157.3	196.5	218.0	313.5	397.1
Machines and transport equipment			159.8	165.3	173.2	156.6	245.8
Raw Materials			21.0	19.1	19.3	15.1	19.4
Manufactured goods			293.9	346.9	337.8	376.2	377.5
Other imports			84.9	109.6	103.3	122.6	145.4
			(In percent of total)
Food and others			32.0	30.2	34.6	30.1	28.8
Fuel and lubricants			14.9	16.4	16.7	22.3	23.9
Machines and transportation			15.2	13.8	13.3	11.1	14.8
Raw materials			2.0	1.6	1.5	1.1	1.2
Manufactured goods			27.9	28.9	26.0	26.7	22.7
Other imports			8.1	9.1	7.9	8.7	8.7
			(Annual percentage change)
Total			-7.1	13.8	8.5	8.1	18.3
Food and others			-14.2	7.5	24.1	-6.0	13.4
Fuel and lubricants			-4.0	24.9	10.9	43.8	26.7
Machines and transportation			-4.9	-8.9	1.2	-21.8	28.2
Raw materials			-6.3	18.1	-2.6	11.3	0.4
Manufactured goods			26.8	29.1	-5.8	18.8	18.6

Sources: Bank of the Republic of Haiti; U.S. Department of Commerce; and Fund staff estimates.

^{^1/}Includes beverage, oils and fats, pharmaceutical and chemical products.

Table 13.

Haiti: Stock of External Public Debt ^1/

(Fiscal year ending September 30)

Sources: Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Includes concessional and commercial public debt, officially guaranteed debt, and central bank liabilities, including use of Fund resources.

^{^2/}Excludes overdue suppliers’ credits in dispute (“dette en litige”).

Table 13.

Haiti: Stock of External Public Debt ^1/

(Fiscal year ending September 30)

		2002	2003	2004	2005	2006
		(In millions of U.S. dollars)
Total		1,216.1	1,304.4	1,359.2	1,365.2	1,463.2
Medium and long-term debt		1,166.9	1,245.7	1,280.5	1,329.8	1,418.5
Bilateral creditors		180.3	202.2	211.5	234.4	244.0
	United States	9.4	8.7	8.0	15.1	14.4
	France	43.3	50.9	56.4	64.1	68.1
	Others	127.6	142.6	147.2	155.2	161.5
Multilateral creditors		956.6	1,026.0	1,057.8	1,073.6	1,142.1
	IBRD/IDA	495.5	528.4	540.5	504.2	512.2
	IFAD	25.6	28.8	30.9	31.7	33.2
	IDB	430.3	462.7	481.4	534.0	593.5
	OPEC special fund	5.2	6.1	5.0	3.7	3.2
IMF and IMF trust fund		30.0	17.5	11.2	21.8	32.4
Other debt ^2/		49.2	58.6	78.7	35.4	44.7
Short term		0.0	0.0	0.0	0.0	0.0
Arrears		49.2	58.6	78.7	35.4	44.7
		(In percent of GDP)
Total		67.8	85.6	74.3	62.0	58.9
Medium and long-term debt		66.3	83.6	72.1	61.2	58.0
Bilateral creditors		5.2	6.8	6.0	5.4	5.0
	United States	0.3	0.3	0.2	0.3	0.3
	France	1.2	1.7	1.6	1.5	1.4
	Others	3.7	4.8	4.2	3.6	3.3
Multilateral creditors		27.6	34.7	29.9	24.9	23.6
	IBRD/IDA	14.3	17.8	15.3	11.7	10.6
	IFAD	0.7	1.0	0.9	0.7	0.7
	IDB	12.4	15.6	13.6	12.4	12.3
	OPEC Special Fund	0.1	0.2	0.1	0.1	0.1
IMF and IMF trust fund		0.9	0.6	0.3	0.5	0.7
Other debt ^2/		1.4	2.0	2.2	0.8	0.9
Short term		0.0	0.0	0.0	0.0	0.0
Arrears		1.4	2.0	2.2	0.8	0.9
Memorandum item:
Nominal GDP (millions of U.S. dollars)		3,472.2	2,960.3	3,537.7	4,310.3	4,836.4

Sources: Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Includes concessional and commercial public debt, officially guaranteed debt, and central bank liabilities, including use of Fund resources.

^{^2/}Excludes overdue suppliers’ credits in dispute (“dette en litige”).

Table 13.

Haiti: Stock of External Public Debt ^1/

(Fiscal year ending September 30)

		2002	2003	2004	2005	2006
		(In millions of U.S. dollars)
Total		1,216.1	1,304.4	1,359.2	1,365.2	1,463.2
Medium and long-term debt		1,166.9	1,245.7	1,280.5	1,329.8	1,418.5
Bilateral creditors		180.3	202.2	211.5	234.4	244.0
	United States	9.4	8.7	8.0	15.1	14.4
	France	43.3	50.9	56.4	64.1	68.1
	Others	127.6	142.6	147.2	155.2	161.5
Multilateral creditors		956.6	1,026.0	1,057.8	1,073.6	1,142.1
	IBRD/IDA	495.5	528.4	540.5	504.2	512.2
	IFAD	25.6	28.8	30.9	31.7	33.2
	IDB	430.3	462.7	481.4	534.0	593.5
	OPEC special fund	5.2	6.1	5.0	3.7	3.2
IMF and IMF trust fund		30.0	17.5	11.2	21.8	32.4
Other debt ^2/		49.2	58.6	78.7	35.4	44.7
Short term		0.0	0.0	0.0	0.0	0.0
Arrears		49.2	58.6	78.7	35.4	44.7
		(In percent of GDP)
Total		67.8	85.6	74.3	62.0	58.9
Medium and long-term debt		66.3	83.6	72.1	61.2	58.0
Bilateral creditors		5.2	6.8	6.0	5.4	5.0
	United States	0.3	0.3	0.2	0.3	0.3
	France	1.2	1.7	1.6	1.5	1.4
	Others	3.7	4.8	4.2	3.6	3.3
Multilateral creditors		27.6	34.7	29.9	24.9	23.6
	IBRD/IDA	14.3	17.8	15.3	11.7	10.6
	IFAD	0.7	1.0	0.9	0.7	0.7
	IDB	12.4	15.6	13.6	12.4	12.3
	OPEC Special Fund	0.1	0.2	0.1	0.1	0.1
IMF and IMF trust fund		0.9	0.6	0.3	0.5	0.7
Other debt ^2/		1.4	2.0	2.2	0.8	0.9
Short term		0.0	0.0	0.0	0.0	0.0
Arrears		1.4	2.0	2.2	0.8	0.9
Memorandum item:
Nominal GDP (millions of U.S. dollars)		3,472.2	2,960.3	3,537.7	4,310.3	4,836.4

Sources: Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}Includes concessional and commercial public debt, officially guaranteed debt, and central bank liabilities, including use of Fund resources.

^{^2/}Excludes overdue suppliers’ credits in dispute (“dette en litige”).

Table 14.

Haiti: Scheduled External Public Debt Service ^/1

(Fiscal year ending September 30)

Sources: Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}In millions of U.S. dollars

^{^2/}The main other creditors are Canada, Italy, Spain and Taiwan.

Table 14.

Haiti: Scheduled External Public Debt Service ^/1

(Fiscal year ending September 30)

		2002	2003	2004	2005	2006
Total scheduled payments		48.2	57.4	50.7	56.9	63.3
Interest		13.5	16.7	17.7	18.1	20.1
Bilateral creditors		3.8	5.8	4.7	4.1	4.0
	United States	0.7	0.7	0.5	0.6	0.6
	France	1.0	1.0	1.5	1.1	1.2
	Others ^2/	2.2	4.2	2.6	2.5	2.1
Multilateral creditors		9.6	10.9	13.0	14.0	16.1
	IMF	0.6	0.3	0.4	0.3	1.3
	IBRD/IDA	4.0	4.0	3.5	4.4	3.8
	IDB	4.8	6.3	8.6	8.5	10.4
	OPEC Fund/IFAD	0.3	0.3	0.5	0.8	0.7
Amortization payments		34.7	40.7	33.1	38.8	43.2
Bilateral creditors		4.2	4.2	5.4	6.6	6.6
	United States	0.5	0.5	0.5	0.5	0.3
	France	3.0	3.0	3.9	3.7	3.4
	Others ^2/	0.6	0.6	1.0	2.4	2.9
Multilateral creditors		30.5	36.5	27.6	32.2	36.5
	IMF	13.8	14.9	4.4	4.4	4.6
	IBRD/IDA	8.0	9.7	10.0	12.4	13.5
	IDB	7.0	10.3	11.3	13.1	16.6
	OPEC Fund/IFAD	1.7	1.7	1.8	2.2	1.8

Sources: Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}In millions of U.S. dollars

^{^2/}The main other creditors are Canada, Italy, Spain and Taiwan.

Table 14.

Haiti: Scheduled External Public Debt Service ^/1

(Fiscal year ending September 30)

		2002	2003	2004	2005	2006
Total scheduled payments		48.2	57.4	50.7	56.9	63.3
Interest		13.5	16.7	17.7	18.1	20.1
Bilateral creditors		3.8	5.8	4.7	4.1	4.0
	United States	0.7	0.7	0.5	0.6	0.6
	France	1.0	1.0	1.5	1.1	1.2
	Others ^2/	2.2	4.2	2.6	2.5	2.1
Multilateral creditors		9.6	10.9	13.0	14.0	16.1
	IMF	0.6	0.3	0.4	0.3	1.3
	IBRD/IDA	4.0	4.0	3.5	4.4	3.8
	IDB	4.8	6.3	8.6	8.5	10.4
	OPEC Fund/IFAD	0.3	0.3	0.5	0.8	0.7
Amortization payments		34.7	40.7	33.1	38.8	43.2
Bilateral creditors		4.2	4.2	5.4	6.6	6.6
	United States	0.5	0.5	0.5	0.5	0.3
	France	3.0	3.0	3.9	3.7	3.4
	Others ^2/	0.6	0.6	1.0	2.4	2.9
Multilateral creditors		30.5	36.5	27.6	32.2	36.5
	IMF	13.8	14.9	4.4	4.4	4.6
	IBRD/IDA	8.0	9.7	10.0	12.4	13.5
	IDB	7.0	10.3	11.3	13.1	16.6
	OPEC Fund/IFAD	1.7	1.7	1.8	2.2	1.8

Sources: Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}In millions of U.S. dollars

^{^2/}The main other creditors are Canada, Italy, Spain and Taiwan.

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Haiti: Selected Issues and Statistical Appendix

Author: International Monetary Fund

Volume/Issue:: Volume 2007: Issue 292

Publisher:: International Monetary Fund

ISBN:: 9781451817690

ISSN:: 1934-7685

Pages:: 76

DOI:: https://doi.org/10.5089/9781451817690.002

Keywords
IV. Statistical Appendix

Table 14.

Haiti: Scheduled External Public Debt Service ^/1

(Fiscal year ending September 30)

		2002	2003	2004	2005	2006
Total scheduled payments		48.2	57.4	50.7	56.9	63.3
Interest		13.5	16.7	17.7	18.1	20.1
Bilateral creditors		3.8	5.8	4.7	4.1	4.0
	United States	0.7	0.7	0.5	0.6	0.6
	France	1.0	1.0	1.5	1.1	1.2
	Others ^2/	2.2	4.2	2.6	2.5	2.1
Multilateral creditors		9.6	10.9	13.0	14.0	16.1
	IMF	0.6	0.3	0.4	0.3	1.3
	IBRD/IDA	4.0	4.0	3.5	4.4	3.8
	IDB	4.8	6.3	8.6	8.5	10.4
	OPEC Fund/IFAD	0.3	0.3	0.5	0.8	0.7
Amortization payments		34.7	40.7	33.1	38.8	43.2
Bilateral creditors		4.2	4.2	5.4	6.6	6.6
	United States	0.5	0.5	0.5	0.5	0.3
	France	3.0	3.0	3.9	3.7	3.4
	Others ^2/	0.6	0.6	1.0	2.4	2.9
Multilateral creditors		30.5	36.5	27.6	32.2	36.5
	IMF	13.8	14.9	4.4	4.4	4.6
	IBRD/IDA	8.0	9.7	10.0	12.4	13.5
	IDB	7.0	10.3	11.3	13.1	16.6
	OPEC Fund/IFAD	1.7	1.7	1.8	2.2	1.8

Sources: Bank of the Republic of Haiti; and Fund staff estimates.

^{^1/}In millions of U.S. dollars

^{^2/}The main other creditors are Canada, Italy, Spain and Taiwan.

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