Haiti could experience an eighth year of negative growth

In the second quarter of 2026, the Economic Activity Conjunction Index (ICAE) fell by 0.6% compared to the same period in 2025. Over the first six months of this year, the Haitian economy decreased by 0.8%. Although these figures are less unfavorable than in 2025 (where the decline was respectively 2.7% and 2.6%), the situation remains concerning.

Persistent insecurity continues to be a major factor disrupting economic activities. It also hinders the circulation of goods and people. Tensions in public finances constitute another significant risk for the country's economy.

According to the BRH, the slowdown in inflation observed during the quarter (falling from 21% in April to 18.9% in June) is explained by the stability of the exchange rate, a decrease in fuel prices, and prudent management of bank liquidity. However, this reduction does not indicate a general slowdown in prices but rather a brake on their rapid increase.

Public finances remain under pressure with a significant deficit financed by the BRH, which allocated 32,635.3 million gourdes to the Treasury between October 2025 and June 2026. The central bank maintains a prudent monetary policy to preserve price stability and exchange market stability.

The BRH also monitors private transfers from the diaspora, which continue to be essential for foreign currency financing of the Haitian economy. These flows reached ,307.62 million for the quarter and ,822.75 million between October 2025 and June 2026.

Several risks threaten Haiti's economy in the short term: persistent insecurity, logistical difficulties for the circulation of goods and people, as well as potential tightening of immigration policies in some host countries. Additionally, any possible increase in energy prices could exacerbate inflationary pressures.