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Haiti - Economy : Growth rate estimated at 6% in 2012
08/10/2012 12:54:22

According to the latest study published earlier this month, by the Economic Commission for Latin America and the Caribbean (ECLAC), the Haitian economy is expected to reach a growth rate of 6.0% at the end of 2012, then increase to 7.5% for 2013. Recall that in 2011, the year that followed the earthquake of 12 January 2010, the growth of the Haitian economy was 5.6%.

Of projections for Haiti, below of those of the International Monetary Fund (IMF), who estimated a rate close to 8%. Despite everything, the rate of growth of Haiti, remain the strongest in Latin America and the Caribbean.

The average growth rate for Latin America and the Caribbean has been estimated in this report to 3.2% in 2012, revised down [previous projections 3.7%]. This slight decline for the region finds its cause in the economic difficulties that confront the world's major economies, including the United States, Europe and China.

ECLAC expects, in 2013, an increase of 4% for the whole region, a slight downward trend of regional economies that are dependent of exports of raw materials towards China and a stagnating of the Mexican and of Central American nations. In the Caribbean region, the growing will be a little slow, but the rate will be slightly higher than that recorded in 2012 especially in countries with a strong tourism sector.

Learn more about the ECLAC :
The Economic Commission for Latin America and the Caribbean (ECLAC) is a regional commission of the Economic and Social Council (ECOSOC). It reports directly to ECOSOC and reports to the General Assembly of the United Nations through it. ECLAC is composed of 41 states in the region that have the status of full members (Canada is a full member its accession in 1948) and of seven associate members.

HL/ HaitiLibre