Economy Profile: Haiti
Summary — This document is an economy profile for Haiti from the Doing Business 2012 report. It presents quantitative indicators on business regulations and the protection of property rights, comparing Haiti across 183 economies.
Key Findings
- Haiti ranks 174 out of 183 economies in the ease of doing business.
- Starting a business in Haiti requires 12 procedures, 105 days, and 314.2% of income per capita.
- Dealing with construction permits requires 9 procedures, 1129 days, and 764.5% of income per capita.
- Getting electricity requires 4 procedures, 66 days, and 4032.8% of income per capita.
- Registering property requires 5 procedures, 301 days, and 6.6% of the property value.
Full Description
This economy profile presents Doing Business indicators for Haiti, comparing it with other selected economies. The report measures regulations affecting 10 areas of a business's life cycle: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. The data, current as of June 1, 2011, are used to analyze economic outcomes and identify regulatory reforms. The Doing Business methodology has limitations, as it does not directly study factors like proximity to large markets, infrastructure quality, security of property, or macroeconomic conditions.