Chris

Only available on StudyMode
  • Download(s) : 14
  • Published : December 5, 2012
Open Document
Text Preview
Haiti’ GDP Growth

1992 - -5.31%
1993 - -5.43%
1994- -11.95%
1995- 9.9%
1996- 4.14%
1997- 2.71%
1998- 2.18%
1999- 2.71%
2000- 0.87%
2001- -1.04%
2002- 0.25%
2003- 0.36
2004- -3.52%
2005- 1.8%
2006- 2.25%
2007 – 3.34%
2008 – 0.84%
2009- 2.88%
2010- -5.42%
2011- 5.59%
Haiti’s 2010 earthquake, for instance, killed 230,000 people and caused estimated losses equivalent to 120% of the country’s GDP. Most victims lived in unplanned urban areas where housing had not been constructed to withstand earthquakes. GDP growth (annual %) in Haiti

The GDP growth (annual %) in Haiti was last reported at 5.59 in 2011, according to a World Bank report published in 2012. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.This page includes a historical data chart, news and forecasts for GDP growth (annual %) in Haiti. Haiti is the poorest and least developed country in Central America. Almost 80% of the population lives below the poverty line. The agricultural sector, mainly small-scale subsistence farming vulnerable to frequent natural disasters, is the main source of income for two-thirds of Haitians. Mangoes and coffee are two of Haiti's most important sources of foreign trade. Foreign aid makes up approximately 30 to 40% of the national government's budget. (http://www.tradingeconomics.com)

Central bankCentral Bank of HaitiInternational ReservesUS$ 1.337 billion (Source: World Bank; Data updated: November 2010)Gross Domestic Product - GDPUS$ 8.335 billion (2009 estimate)GDP (Purchasing Power Parity)13.501 billion of International dollars (2009 estimate)Real GDP growth 2001| 2002| 2003| 2004| 2005| 2006| 2007| 2008|

-1%| -0.3%| 0.4%| -3.5%| 1.8%| 2.2%| 3.3%| 0.8%|
2009| 2010| 2011| 2012*| | | | |
2.9%| -5.4%| 5.6%| 7.8%| | | | |
*Estimate
GDP per capita - current pricesUS$ 820 (2010 estimate)GDP per capita - PPP$1,328 International Dollars (2010 estimate)GDP (PPP) - share of world total 1980| 1990| 2000| 2010| 2015**|
0.04%| 0.03%| 0.02%| 0.02%| 0.02%|
**Forecast
GDP - composition by sector
* agriculture: 25% 
* industry: 16% 
* services: 59% (2010 estimate)
(Data released on February 2012)
Gross domestic expenditure on R&D (% of GDP)N/A
(Data released on March 2012)
Inflation
2009| 2010| 2011| 2012*|
3.4%(2008)| 4.1%| 7.4%| 7.7%|
*Estimate
Unemployment rate
2009| 2010| 2011| 2012*|
N/A| N/A| N/A(2009)| N/A|
*Estimate
Household saving ratesN/A
(Data released on December 2011)
Public debt (General government gross debt as a % of GDP)
2008| 2009| 2010| 2011| 2012*|
37.8%| 27.7%| 17.1%| 10.6%| 16.3%|
*Estimate
Public deficit (General government net lending/borrowing as a % of GDP) 2008| 2009| 2010| 2011*| 2012**|
-2.8%| -4.6%| 2.4%| -3.7%| -7.7%|
*Estimate    **Forecast
Government bond ratings
Standard & Poor's: N/A
Moody's rating: N/A
Moody's outlook: N/A
(Foreign Currency Government Bond Ratings; Data last updated Nov 2010) Market value of publicly traded shares
2007| 2008| 2009|
N/A| N/A| N/A|
Largest companies in HaitiN/A

Read more: http://www.gfmag.com/gdp-data-country-reports/260-haiti-gdp-country-report.html#ixzz28Y8CxAzI  Under Creative Commons License: Attribution Share Alike 
Get a FREE subscription to Global Finance magazine : http://www.gfmag.com/subscribe.html

-------------------------------------------------
Economic history
Before Haiti established its independence from French administration in 1804, Haiti ranked as the world's richest and most productive...
tracking img