Growth

Here you have it. All the predictions suggest that Haiti has taken off economically. The slogan that Haiti is open for business may have some truth to it.

According to the latest update of the International Monetary Fund's World Economic Outlook report, the two countries that share the Island of Hispaniola, Haiti and the Dominican Republic , are expected to lead the entire Caribbean in economic growth in 2015 and 2015

In 2014, the Dominican Republic is projected to grow economically by 5.3 percent of their GDP. At the same time, Haiti is expected to grow by 3.8 percent.

In 2015, the two nations are expected to grow at even a higher rate. Dominican Republic is projected to lead the region with a GDP growth rate of 4.2 percent, with Haiti at 3.7 percent.

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The country of Haiti is not an economic power. As a matter of fact, the Caribbean country of Haiti is right at the bottom. It is considered to be the poorest country in the region. The population is is very disadvantaged.

The main economic function is agriculture. more than one third of the population survive in it. However the agriculture has been affected by widespread deforestation that made the environment more vulnerable to natural disasters

Other problems affecting the economy of Haiti include inflation, lack of investment and severe trade deficits with the Dominican Republic. The government of Haiti has relied on the international community in economic assistance to support may of its projects

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