Haiti’s economic and social development continues to be hindered by political instability, increasing violence, and unprecedented levels of insecurity, which exacerbate fragility. Haiti remains the poorest country in the Latin America and the Caribbean (LAC) region and among the poorest countries in the world.
What are the development challenges in Haiti?:
Haiti remains one of the most vulnerable countries worldwide to natural hazards, mainly hurricanes, floods, and earthquakes. More than 96 percent of the population is exposed to these types of shocks. On August 14, 2021, an earthquake measuring magnitude 7.2 on the Richter scale, struck the southern region of Haiti, an area where approximately 1.6 million people live.
Source: World Bank 2024.