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Haiti : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook


$3.352 billion (2011 est.)
$2.809 billion (2010 est.)


$721.3 million (2011 est.)
$561.5 million (2010 est.)

Inflation rate (consumer prices)

8.5% (2011 est.)
5.7% (2010 est.)

Unemployment rate

40.6% (2010 est.)
note: widespread unemployment and underemployment; more than two-thirds of the labor force do not have formal jobs

GDP - per capita (PPP)

$1,300 (2011 est.)
$1,200 (2010 est.)
$1,300 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

-8% (2010 est.)
2.9% (2009 est.)
0.8% (2008 est.)

Internet users

1 million (2009)

Telephones - mobile cellular

4 million (2009)

Population growth rate

note: the preliminary 2011 numbers differ significantly from those of 2010, which were strongly influenced by the demographic effect of the January 2010 earthquake; the latest figures more closely correspond to those of 2009 (2012 est.)


9,801,664 (July 2012 est.)
note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected

Historical background

The native Taino Amerindians - who inhabited the island of Hispaniola when it was discovered by Christopher COLUMBUS in 1492 - were virtually annihilated by Spanish settlers within 25 years.

In the early 17th century, the French established a presence on Hispaniola.

In 1697, Spain ceded to the French the western third of the island, which later became Haiti.

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Economic overview

Haiti's economy suffered a severe setback when a 7.

1 magnitude earthquake damaged its capital city, Port-au-Prince, in January 2010.

Already the poorest country in the Western Hemisphere with 80% of the population living under the poverty line and 54% in abject poverty, the damage to Port-au-Prince caused the country's GDP to contract an estimated 8% in 2010.

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