ves in abject poverty, and natural disasters frequently
sweep the nation. Two-thirds of all Haitians depend on the
agriculture sector, which consists mainly of small-scale subsistence
farming. Following legislative elections in May 2000, fraught with
irregularities, international donors - including the US and EU -
suspended almost all aid to Haiti. The economy shrank an estimated
1.2% in 2001, 0.9% in 2002, grew 0.4% in 2003, and shrank by 3.5% in
2004. Suspended aid and loan disbursements totaled more than $500
million at the start of 2003. Haiti also suffers from rampant
inflation, a lack of investment, and a severe trade deficit. In
early 2005 Haiti paid its arrears to the World Bank, paving the way
to reengagement with the Bank. The resumption of aid flows from all
donors is alleviating but not ending the nation's bitter economic
problems. Civil strife in 2004 combined with extensive damage from
flooding in southern Haiti in May 2004 and Tropical Storm Jeanne in
northwestern Haiti in September 2004 further impoverished Haiti.

GDP (purchasing power parity):
$12.05 billion (2004 est.)

GDP - real growth rate:
-3.5% (2004 est.)

GDP - per capita:
purchasing power parity - $1,500 (2004 est.)

GDP - composition by sector:
agriculture: 30%
industry: 20%
services: 50% (2001 est.)

Labor force:
3.6 million
note: shortage of skilled labor, unskilled labor abundant (1995)

Labor force - by occupation:
agriculture 66%, industry 9%, services 25%

Unemployment rate:
widespread unemployment and underemployment; more than two-thirds
of the labor force do not have formal jobs (2002 est.)

Population below poverty line:
80% (2003 est.)

Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA

Inflation rate (consumer prices):
22% (2004 est.)

Budget:
revenues: $330.2 million
expenditures: $529.6 million, including capital expenditures of NA
(2004 est.)

Agriculture - products:
coffee, mangoes, sugarcane, rice, corn, sorghum, wood

Industries:
sugar refining, flour milling, textiles, cement, light assembly
industries based on imported parts

Industrial production growth rate:
NA

Electricity - production:
618 million kWh (2002)

Electricity - production by source:
fossil fuel: 60.3%
hydro: 39.7%
nuclear: 0%
other: 0% (2001)

Electricity - consumption:
574.7 million kWh (2002)

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