February 4, 2010 Peter

Need Know Info On Haiti From The CIA

T-minus 2 Days before I step on a plane bound for Dominican Republic and then Haiti to help with the earthquake relief. Most of us are not familiar with many countries around the world because it doesn’t help us with our daily lives. However, it is good to know where you can find in depth information about other countries around the world once you need the information or would just because you want to learn more about countries around your world. That place. The CIA. To familiarize myself with Haiti the website: The World Fact Book is a great place to start. Here is some info on Haiti. I did copy and paste detailed info that most people won’t want to know … It’s there anyway. What you will want to know is the overview of the history of haiti and the overview of the economy of haiti. Although Haiti is not the first place on your list of business and family friendly destinations it is a place with people that need our assistance.

Haitian BackGround INFO – Overview:

The native Taino Amerindians – who inhabited the island of Hispaniola when it was discovered by 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. The French colony, based on forestry and sugar-related industries, became one of the wealthiest in the Caribbean but only through the heavy importation of African slaves and considerable environmental degradation. In the late 18th century, Haiti’s nearly half million slaves revolted under Toussaint L’OUVERTURE. After a prolonged struggle, Haiti became the first black republic to declare independence in 1804. The poorest country in the Western Hemisphere, Haiti has been plagued by political violence for most of its history. After an armed rebellion led to the forced resignation and exile of President Jean-Bertrand ARISTIDE in February 2004, an interim government took office to organize new elections under the auspices of the United Nations Stabilization Mission in Haiti (MINUSTAH). Continued violence and technical delays prompted repeated postponements, but Haiti finally did inaugurate a democratically elected president and parliament in May of 2006. A massive magnitude 7.0 earthquake struck Haiti in January 2010 with an epicenter about 15 km southwest of the capital, Port-au-Prince. An estimated 2 million people live within the zone of heavy to moderate structural damage. The earthquake is assessed as the worst in this region over the last 200 years.

Haitian Economy – Overview:

Haiti is the poorest country in the Western Hemisphere with 80% of the population living under the poverty line and 54% in abject poverty. Two-thirds of all Haitians depend on the agricultural sector, mainly small-scale subsistence farming, and remain vulnerable to damage from frequent natural disasters, exacerbated by the country’s widespread deforestation. While the economy has recovered in recent years, registering positive growth since 2005, four tropical storms in 2008 severely damaged the transportation infrastructure and agricultural sector. US economic engagement under the Haitian Hemispheric Opportunity through Partnership Encouragement (HOPE) Act, passed in December 2006, has boosted apparel exports and investment by providing tariff-free access to the US. A second version of the legislation, passed in October 2008 and dubbed HOPE II, has further improved the export environment for the apparel sector by extending preferences to 2018; the apparel sector accounts for two-thirds of Haitian exports and nearly one-tenth of GDP. Remittances are the primary source of foreign exchange, equaling nearly a quarter of GDP and more than twice the earnings from exports. Haiti suffers from a lack of investment because of insecurity and limited infrastructure, and a severe trade deficit. In 2005, Haiti paid its arrears to the World Bank, paving the way for reengagement with the Bank. Haiti received debt forgiveness for about $525 million of its debt through the Highly-Indebted Poor Country () initiative in 2009. The government relies on formal international economic assistance for fiscal sustainability.

Very In-Depth Info Below

Haitian Geography:

Location:
Caribbean, western one-third of the island of Hispaniola, between the Caribbean Sea and the North Atlantic Ocean, west of the Dominican Republic
Area:
Field info displayed for all countries in alpha order.
total: 27,750 sq km
country comparison to the world: 147
land: 27,560 sq km
water: 190 sq km
Area – comparative:
slightly smaller than Maryland
Land boundaries:
total: 360 km
border countries: Dominican Republic 360 km
Coastline:
1,771 km
Maritime claims:
territorial sea: 12 nm
contiguous zone: 24 nm
exclusive economic zone: 200 nm
continental shelf: to depth of exploitation
Climate:
tropical; semiarid where mountains in east cut off trade winds
Terrain:
mostly rough and mountainous
Elevation extremes:
lowest point: Caribbean Sea 0 m
highest point: Chaine de la Selle 2,680 m
Natural resources:
bauxite, copper, calcium carbonate, gold, marble, hydropower

The Haitian Economy

Economics:
GDP (purchasing power parity):

$11.61 billion (2009 est.)
country comparison to the world: 144
$11.66 billion (2008 est.)
$11.51 billion (2007 est.)
note: data are in 2009 US dollars
GDP (official exchange rate):
Field info displayed for all countries in alpha order.
$6.908 billion (2009 est.)
GDP – real growth rate:
Field info displayed for all countries in alpha order.
-0.5% (2009 est.)
country comparison to the world: 116
1.3% (2008 est.)
3.4% (2007 est.)
GDP – per capita (PPP):
Field info displayed for all countries in alpha order.
$1,300 (2009 est.)
country comparison to the world: 203
$1,300 (2008 est.)
$1,300 (2007 est.)
note: data are in 2009 US dollars
GDP – composition by sector:
Field info displayed for all countries in alpha order.
agriculture: 28%
industry: 20%
services: 52% (2004 est.)
Labor force:
Field info displayed for all countries in alpha order.
3.643 million
country comparison to the world: 93
note: shortage of skilled labor, unskilled labor abundant (2007)
Labor force – by occupation:
Field info displayed for all countries in alpha order.
agriculture: 66%
industry: 9%
services: 25% (1995)
Unemployment rate:
Field info displayed for all countries in alpha order.
NA% est.)
note: widespread unemployment and underemployment; more than two-thirds of the labor force do not have formal jobs
Population below poverty line:
Field info displayed for all countries in alpha order.
80% (2003 est.)
Household income or consumption by percentage share:
Field info displayed for all countries in alpha order.
lowest 10%: 0.7%
highest 10%: 47.7% (2001)
Distribution of family income – Gini index:
Field info displayed for all countries in alpha order.
59.2 (2001)
country comparison to the world: 8
Investment (gross fixed):
Field info displayed for all countries in alpha order.
28.9% of GDP (2008 est.)
country comparison to the world: 29
Budget:
Field info displayed for all countries in alpha order.
revenues: $960.6 million
expenditures: $1.186 billion (2009 est.)
Inflation rate (consumer prices):
Field info displayed for all countries in alpha order.
0.4% (2009 est.)
country comparison to the world: 29
15.5% (2008 est.)
Commercial bank prime lending rate:
Field info displayed for all countries in alpha order.
17.81% (31 December 2008)
country comparison to the world: 2
46.99% (31 December 2007)
Stock of money:
Field info displayed for all countries in alpha order.
$NA (31 December 2008)
$704.7 million (31 December 2007)
Stock of quasi money:
Field info displayed for all countries in alpha order.
$NA (31 December 2008)
$1.561 billion (31 December 2007)
Stock of domestic credit:
Field info displayed for all countries in alpha order.
$NA (31 December 2008)
$1.537 billion (31 December 2007)
Market value of publicly traded shares:
Field info displayed for all countries in alpha order.
$NA
Agriculture – products:
Field info displayed for all countries in alpha order.
coffee, mangoes, sugarcane, rice, corn, sorghum; wood
Industries:
Field info displayed for all countries in alpha order.
sugar refining, flour milling, textiles, cement, light assembly based on imported parts
Industrial production growth rate:
Field info displayed for all countries in alpha order.
-2% (2009 est.)
country comparison to the world: 88
Electricity – production:
Field info displayed for all countries in alpha order.
448 million kWh (2007 est.)
country comparison to the world: 162
Electricity – consumption:
Field info displayed for all countries in alpha order.
273 million kWh (2007 est.)
country comparison to the world: 169
Electricity – exports:
Field info displayed for all countries in alpha order.
0 kWh (2008 est.)
Electricity – imports:
Field info displayed for all countries in alpha order.
0 kWh (2008 est.)
Oil – production:
Field info displayed for all countries in alpha order.
0 bbl/day (2008 est.)
country comparison to the world: 190
Oil – consumption:
Field info displayed for all countries in alpha order.
12,000 bbl/day (2008 est.)
country comparison to the world: 147
Oil – exports:
Field info displayed for all countries in alpha order.
0 bbl/day (2007 est.)
country comparison to the world: 199
Oil – imports:
Field info displayed for all countries in alpha order.
12,280 bbl/day (2007 est.)
country comparison to the world: 137
Oil – proved reserves:
Field info displayed for all countries in alpha order.
0 bbl (1 January 2009 est.)
country comparison to the world: 163
Natural gas – production:
Field info displayed for all countries in alpha order.
0 cu m (2008 est.)
country comparison to the world: 180
Natural gas – consumption:
Field info displayed for all countries in alpha order.
0 cu m (2008 est.)
country comparison to the world: 175
Natural gas – exports:
Field info displayed for all countries in alpha order.
0 cu m (2008 est.)
country comparison to the world: 69
Natural gas – imports:
Field info displayed for all countries in alpha order.
0 cu m (2008 est.)
country comparison to the world: 171
Natural gas – proved reserves:
Field info displayed for all countries in alpha order.
0 cu m (1 January 2009 est.)
country comparison to the world: 171
Current account balance:
Field info displayed for all countries in alpha order.
$-566 million (2009 est.)
country comparison to the world: 111
$-611 million (2008 est.)
Exports:
Field info displayed for all countries in alpha order.
$524 million (2009 est.)
country comparison to the world: 165
$490 million (2008 est.)
Exports – commodities:
Field info displayed for all countries in alpha order.
apparel, manufactures, oils, cocoa, mangoes, coffee
Exports – partners:
Field info displayed for all countries in alpha order.
US 70.7%, Dominican Republic 8.9%, Canada 3.1% (2008)
Imports:
Field info displayed for all countries in alpha order.
$2.023 billion (2009 est.)
country comparison to the world: 150
$2.107 billion (2008 est.)
Imports – commodities:
Field info displayed for all countries in alpha order.
food, manufactured goods, machinery and transport equipment, fuels, raw materials
Imports – partners:
Field info displayed for all countries in alpha order.
US 34%, Dominican Republic 23.1%, Netherlands Antilles 10.6%, China 4.5% (2008)
Reserves of foreign exchange and gold:
Field info displayed for all countries in alpha order.
$734 million (31 December 2009 est.)
country comparison to the world: 113
$708 million (31 December 2008 est.)
Debt – external:
Field info displayed for all countries in alpha order.
$428 million (31 December 2009 est.)
country comparison to the world: 161
$1.817 billion (31 December 2008 est.)
Exchange rates:
Field info displayed for all countries in alpha order.
gourdes (HTG) per US dollar – 41.366 (2009), 39.216 (2008), 37.138 (2007), 40.232 (2006), 40.449 (2005)

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Contact Peter via this lovely form of via Twitter or Instagram DM.

Hello, Is It Me You're Looking For?