Macro-economic Data

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A. Demography and Macroeconomy

A.1 Population
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Total population10.71 million10.57 million10.43 million
WDI
A.1.1
Urban population (% of total)58.65% of total57.44% of total56.17% of total
WDI
A.1.4
Urban population growth (annual %)3.39%3.57%3.77%
WDI
A.1.5
A.2 Economy
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
GDP, current prices (U.S. dollars)8,618 USD (millions)8,711 USD (millions)8,451 USD (millions)
WEO
A.2.1
GDP based on PPP valuation of country GDP (Current international dollar)18,745 USD (millions)18,376 USD (millions)17,595 USD (millions)
WEO
A.2.2
GDP per capita, current prices (U.S. dollars)804.56 USD 832.92 USD 810.19 USD
WEO
A.2.3
GDP based on PPP per capita GDP (Current international dollar)1,750.1 USD 1,738.13 USD 1,686.77 USD
WEO
A.2.4
GDP, constant prices (Percent change)1%2.75%4.25%
WEO
A.2.5
Inflation, end of period consumer prices (Percent change)11.28%5.34%4.54%
WEO
A.2.6
GDP, deflator (Index)2700.902519.502427.10
WEO
A.2.7
Consumer price index139.03127.53121.96
WDI
A.2.8
GINI Index  60.79
WDI
A.2.9
Growth in urban household income (%/year)A.2.13
Employment (% of total laborforce)A.2.14
Interest Rates:A.2.15
Average bank deposit rate4.29%2.61%.68%
IFS
A.2.15.4
Lending rate10.56%8.25%7.03%
IFS
A.2.15.5
B. Housing Market
B.1 Housing Stock: Production, Transactions
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Number of dwelling units:B.1.1
Characteristics of housing stock:B.1.3
Tenure in urban areas (%):B.1.4
Owner-occupied units  60% of total
USAID Middle Income Study
B.1.4.1
Estimated Number of units completed/yearB.1.5
B.2 Housing Prices and Cost for Urban Areas or Capital City
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Median urban house price in USD:B.2.1
Existing housing277,500 USD 277,500 USD 277,500 USD B.2.1.2
Median house price to median annual HH income:B.2.2
Annual average % change in median house prices:B.2.3
M2 construction cost for median quality houseB.2.4


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Notes: Aid programs like OPIC, the Clinton Bush Haiti Fund, and USAID have provided financing in the form of loans and grants to mortgage lending vehicles to facilitate borrowing--especially since the aftermath of the earthquake in 2010.
Notes: 2013 - 2015 median house value represents average of range (240k - 315k) for a 3 bedroom / 3 bathroom house just outside Port au Prince.
Notes: 2013 - 2015 median house value represents average of range (240k - 315k) for a 3 bedroom / 3 bathroom house just outside Port au Prince.
Notes: 2013 - 2015 median house value represents average of range (240k - 315k) for a 3 bedroom / 3 bathroom house just outside Port au Prince.
Notes: Aid programs like OPIC, the Clinton Bush Haiti Fund, and USAID have provided financing in the form of loans and grants to mortgage lending vehicles to facilitate borrowing--especially since the aftermath of the earthquake in 2010.
Notes: Aid programs like OPIC, the Clinton Bush Haiti Fund, and USAID have provided financing in the form of loans and grants to mortgage lending vehicles to facilitate borrowing--especially since the aftermath of the earthquake in 2010.
Notes: Aid programs like OPIC, the Clinton Bush Haiti Fund, and USAID have provided financing in the form of loans and grants to mortgage lending vehicles to facilitate borrowing--especially since the aftermath of the earthquake in 2010.
Notes: Aid programs like OPIC, the Clinton Bush Haiti Fund, and USAID have provided financing in the form of loans and grants to mortgage lending vehicles to facilitate borrowing--especially since the aftermath of the earthquake in 2010.
Notes: Capital gains tax of 15%.
Notes: Land Transfer Tax of 3.5-7%.
Notes: National Percentage
Notes: page 68
Notes: Project launched in 2013 in conjunction with Development Innovations Group (DIG) in order to offer housing micro-finance loans that start from as low as $1,000.
Notes: Project launched in 2013 in conjunction with Development Innovations Group (DIG) in order to offer housing micro-finance loans that start from as low as $1,000.
Notes: Project launched in 2013 in conjunction with Development Innovations Group (DIG) in order to offer housing micro-finance loans that start from as low as $1,000.
Notes: Property tax of 15% of rental value of the property.
Notes: Tax of 0.5% to 7% of loan.
Notes: The Development Innovations Group (DIG) began offering housing MFI loans in Haiti in 2013 to aid with the relief from the 2010 earthquake.
Notes: The Development Innovations Group (DIG) began offering housing MFI loans in Haiti in 2013 to aid with the relief from the 2010 earthquake.
Notes: The Development Innovations Group (DIG) began offering housing MFI loans in Haiti in 2013 to aid with the relief from the 2010 earthquake.
Notes: There is currently no mortgage system in Haiti, although air projects from governments and NGOs around the world are looking to change this currently.