<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>                                         3,967,527
<SECURITIES>                                   0
<RECEIVABLES>                                  35,588,472
<ALLOWANCES>                                   1,253,546
<INVENTORY>                                       0
<CURRENT-ASSETS>                               47,676,295
<PP&E>                                         6,001,516
<DEPRECIATION>                                 3,084,643
<TOTAL-ASSETS>                                 61,872,653
<CURRENT-LIABILITIES>                          16,533,693
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       90,513
<OTHER-SE>                                     45,227,433
<TOTAL-LIABILITY-AND-EQUITY>                   61,872,653
<SALES>                                        97,807,750
<TOTAL-REVENUES>                               97,807,750
<CGS>                                          73,106,642
<TOTAL-COSTS>                                  73,106,642
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             1,097,528
<INCOME-PRETAX>                                10,594,065
<INCOME-TAX>                                   4,853,376
<INCOME-CONTINUING>                            5,740,689
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                2,335,598
<CHANGES>                                      0
<NET-INCOME>                                   8,076,287
<EPS-PRIMARY>                                  1.05
<EPS-DILUTED>                                  .95