Haiti's GDP composition by sector reveals significant contributions from construction, wholesale and retail trade, and agriculture. Construction leads, accounting for 27.49% of GDP, suggesting a robust infrastructure development trend. The wholesale, retail trade, restaurants, and hotels sector follows closely at 18.86%, indicating a dynamic consumer market. Agriculture, crucial for livelihoods, contributes 16.7%. Services at 14.3% and transport, storage, and communication at 12.14% highlight the expanding service sector's role, while mining, manufacturing, and utilities stand at 10.5%, reflecting industrial activity's limited but steady presence. Year-on-year growth and CAGR analysis indicates stable but varied growth across sectors.
Future trends to watch for Haiti's GDP composition include:
- Potential increased investments in construction and infrastructure.
- Growth in service-oriented sectors due to demand for improved urban amenities and communications.
- Enhancement in agriculture through technological adoption and market integration.
- Expansion in manufacturing with strategic industrial policy implementation.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Construction | 27.49 | 2016 | |
| 2 | 2 Wholesale, retail trade, restaurants and hotels | 18.86 | 2016 | |
| 3 | 3 Agriculture, hunting, forestry, fishing | 16.7 | 2016 | |
| 4 | 4 Services | 14.3 | 2016 | |
| 5 | 5 Transport, storage and communication | 12.14 | 2016 | |
| 6 | 6 Mining, Manufacturing, Utilities | 10.5 | 2016 |
