Annual Report 2013
Summary: A third consecutive year of growth, carried by a good agricultural campaign, reconstruction works and the promotion of Haiti as a tourism destination.
Key Findings
- This was the third consecutive year of growth since the 5.5 percent contraction of fiscal 2010, taking average growth over five years to 2.04 percent.
- Performance was tied to a satisfactory agricultural campaign, stimulated by private investment in the sector, by reconstruction works and by the promotion of Haiti as a tourism destination.
- The primary sector grew 4.54 percent, against minus 1 percent in 2011 and minus 0.1 percent in 2010, confirming the recovery begun in 2012.
- Contributions to growth were 22.52 percent from the primary sector against 22.47 percent in 2012, 18.03 percent from the secondary sector against 17.80 percent, and 51.4 percent from the tertiary sector, down 30 basis points.
- On the demand side, growth came from aggregate consumption, up 2.8 percent.
- Delays in public investment had already forced the growth objective to be revised down to 3.4 percent mid-year.
- World growth eased slightly to 3 percent, from 3.1 percent.
Full Description
The Bank of the Republic of Haiti's annual report for fiscal year FY2013, covering 1 October 2012 to 30 September 2013: the conduct of monetary policy and its instruments, the real sector, prices and the exchange rate, public finances and the balance of payments, the state of the banking system the BRH supervises, and the central bank's own operations and audited financial statements. A third consecutive year of growth, carried by a good agricultural campaign, reconstruction works and the promotion of Haiti as a tourism destination.
How to cite
Bank of the Republic of Haiti (BRH), Annual Report 2013, https://www.brh.ht/wp-content/uploads/2018/08/rapport_2013.pdf