Gross fixed capital formation as a share of GDP reached 43.4 % in 2017 in Haiti, according to the National Statistical Office. This is 12.0 % more than in the previous year.
Historically, gross fixed capital formation as a share of GDP in Haiti reached an all time high of 43.4 % in 2017 and an all time low of 24.5 % in 1997. When compared to Haiti's main peers, gross fixed capital formation as a share of GDP in Cuba amounted to 9.87 %, 21.9 % in Dominican Republic, 22.1 % in Jamaica and 7.44 % in Puerto Rico in 2017.
Haiti has been ranked 5th within the group of 157 countries we follow in terms of gross fixed capital formation as a share of GDP, 21 places above the position seen 10 years ago.
Gross fixed capital formation includes: land improvements (fences, ditches, drains, and so on); purchases of plant, machinery, and equipment, and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings.