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    Haiti has a GDP of $11.48 billion and GDP per capita of $1,200 with 5.1% growth. Unemployment is at 40.6% while 80% of the population lives below the poverty line. Exports total $536.6 million and imports are $2.778 billion, with a national debt of $504.1 million. Haiti suffers from poverty, corruption, and lack of education, and its economy was devastated by the 2010 earthquake in Port-au-Prince, causing GDP to contract 5.1%. The country relies heavily on foreign economic assistance.

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    Haiti has a GDP of $11.48 billion and GDP per capita of $1,200 with 5.1% growth. Unemployment is at 40.6% while 80% of the population lives below the poverty line. Exports total $536.6 million and imports are $2.778 billion, with a national debt of $504.1 million. Haiti suffers from poverty, corruption, and lack of education, and its economy was devastated by the 2010 earthquake in Port-au-Prince, causing GDP to contract 5.1%. The country relies heavily on foreign economic assistance.

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    21 views1 page

    Econ Extra Credit 2

    Uploaded by

    jgyk_craigslist
    Haiti has a GDP of $11.48 billion and GDP per capita of $1,200 with 5.1% growth. Unemployment is at 40.6% while 80% of the population lives below the poverty line. Exports total $536.6 million and imports are $2.778 billion, with a national debt of $504.1 million. Haiti suffers from poverty, corruption, and lack of education, and its economy was devastated by the 2010 earthquake in Port-au-Prince, causing GDP to contract 5.1%. The country relies heavily on foreign economic assistance.

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    Gee Kim Online Econ 2 - Holzner Economic Map Project Data Economic Data for Haiti: GDP: $11.

    DP: $11.48 billion GDP per capita: $1,200 Growth Rate: 5.1% Unemployment Rate: 40.6% Population below poverty line: 80% Exports: $536.6 million Imports: $2.778 billion National Debt: $504.1 million

    Economic Analysis: Hait i is a Caribbean country that is located in the western one-third of the island of Hispaniola, between the Caribbean Sea and the North At lant ic Ocean, west of the Dominican Republic. Hait i is a free market economy that has the benefit of low labor costs and tariff-free access of their exports to the US. Hait is major exports include apparel, manufactures, oils, cocoa, mangoes, and coffee. Their major imports include food, manufactured goods, machinery and transport equipment, fuels, and raw materials. Sadly, Hait i suffers from povert y, corruption, and poor access to education. Their economy suffered immensely in January 2010, when they experienced a 7.0 magnitude earthquake that destroyed much of its capital cit y, Port-au-Prince, along wit h its neighboring areas. Hait i, already one of the poorest countries, had damages from the earthquake that caused the countrys GDP to contract an est imated 5.1% in 2010. Due to their misfortunes, they rely on formal internat ional economic assistance for fiscal sustainabilit y, wit h over half of it s annual budget coming from outside sources.

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