October 23, 2024
Haiti and Dominican Republic: one island, two diverging economies
Haiti and the Dominican Republic are two Caribbean countries that share the same island, Hispaniola. However, despite sharing the same island, the two nations have developed very differently in recent decades. In 1990, Dominicans had twice the GDP per capita of Haitians. 32 years later, they are seven times richer than Haitians.
The chart shows both trajectories. While the Dominican Republic experienced sustained growth during the three decades, Haiti’s GDP per capita has barely grown and, at times, even slightly decreased. To allow for comparisons, all incomes are shown in international dollars, which account for differences in cost of living across countries.
Today, Haiti is the poorest country in the Americas.