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TOOL · GROSS COST

How much would a basic income cost in Haiti?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 7,963,216child population 3,674,182year 2023World Bank WDI

GROSS ANNUAL COST

94,083 million

in HTGHTG 94,082,947,200

Equal to 3.4% of reference GDP

Population covered: 11,637,398 people

Adults: 7,963,216 × HTG 800 × 12 = HTG 76,446,873,600

Children: 3,674,182 × HTG 400 × 12 = HTG 17,636,073,600

HTG 76,446,873,600 + HTG 17,636,073,600 = HTG 94,082,947,200

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $19,572,288,894 · World Bank WDI

Currency HTG · exchange rate 141.0359 HTG/USD (2023)

Converted cost $667,085,038 for the GDP share.