The Current Economic Development Challenge in Haiti

*According to CIA World Factbook

• Haiti’s informal sector makes up about 80% of the country’s economy

• The country’s GDP, as of 2013, is approximately 8 billion USD

• Since 2010 Haiti has received about 5 billion dollars of development assistance funding

• The total tax revenue earned by the state is about 24% of the national GDP

• Unemployment ranges consistently between 40-50%

• The country’s population is approximately 10 million people, 55% of which are under the age of 24