Haiti Doing Business 2016: Economy Profile
Summary — This report provides a profile of Haiti's business environment based on the Doing Business 2016 indicators. It benchmarks Haiti against other economies in Latin America and the Caribbean, as well as globally, in areas such as starting a business, dealing with construction permits, getting electricity, and registering property.
Key Findings
- Haiti ranks 182 out of 189 economies in the ease of doing business.
- Starting a business in Haiti requires 12 procedures, taking 97 days and costing 235.3% of income per capita.
- Dealing with construction permits requires 12 procedures, taking 80 days and costing 15.7% of warehouse value.
- Getting electricity requires 4 procedures, taking 60 days and costing 3639.1% of income per capita.
- Registering property requires 5 procedures, taking 312 days and costing 7.1% of property value.
Full Description
The Doing Business 2016 report examines the ease of doing business in Haiti by measuring and benchmarking regulations that affect domestic small and medium-size businesses throughout their life cycle. The report covers 11 areas of business regulation, including starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. The indicators are used to analyze economic outcomes and identify regulatory reforms. The report also presents data for comparator economies to allow for useful comparison.