<ARTICLE>                             5

<LEGEND>THIS  SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
HAGLER BAILLY, INC. UNAUDITED  CONSOLIDATED  FINANCIAL STATEMENTS FOR THE TWELVE
MONTHS ENDED  DECEMBER 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>


       
                                               
<PERIOD-TYPE>                                        12-MOS
<FISCAL-YEAR-END>                               DEC-31-1997
<PERIOD-START>                                  JAN-01-1997
<PERIOD-END>                                    DEC-31-1997
<CASH>                                            3,960,598
<SECURITIES>                                              0
<RECEIVABLES>                                    34,048,971
<ALLOWANCES>                                      1,253,546
<INVENTORY>                                               0
<CURRENT-ASSETS>                                 45,894,827
<PP&E>                                            5,914,388
<DEPRECIATION>                                    3,061,709
<TOTAL-ASSETS>                                   60,017,108
<CURRENT-LIABILITIES>                            15,156,152
<BONDS>                                                   0
<PREFERRED-MANDATORY>                                     0
<PREFERRED>                                               0
<COMMON>                                             88,677
<OTHER-SE>                                       44,772,279
<TOTAL-LIABILITY-AND-EQUITY>                     60,017,108
<SALES>                                          96,099,443
<TOTAL-REVENUES>                                 96,099,443
<CGS>                                            71,157,693
<TOTAL-COSTS>                                    71,157,693
<OTHER-EXPENSES>                                          0
<LOSS-PROVISION>                                          0
<INTEREST-EXPENSE>                                  785,705
<INCOME-PRETAX>                                   9,517,919
<INCOME-TAX>                                      3,784,425
<INCOME-CONTINUING>                               5,733,494
<DISCONTINUED>                                            0
<EXTRAORDINARY>                                   2,024,266
<CHANGES>                                                 0
<NET-INCOME>                                      7,757,760
<EPS-PRIMARY>                                          1.04
<EPS-DILUTED>                                          0.93