Friday, June 25, 2010

Haiti, Port-au-Prince Cost of Living April 2010

Country Full Name: Republic of Haiti.

Location: Haiti is in the western one-third of the island of Hispaniola, between the Caribbean Sea and the North Atlantic Ocean, west of the Dominican Republic.

Country Climate: Tropical; semiarid where mountains in east cut off trade winds.

Country Terrain: Mostly rough and mountainous.

Major Languages: Creole, French.

Major Religions: Christianity.

Country Population: 8.8 million (2008 est.) 8.9 million (2009 est.).

Country Economy: The economy of Haiti is amongst the poorest in the world. Two-thirds of all Haitians depend on the agriculture sector, mainly small-scale subsistence farming, and remain vulnerable to damage from frequent natural disasters, exacerbated by the country's widespread deforestation. The country was devastated by a powerful earthquake in January 2010 which destroyed much of the infrastructure.

Currency: Haitan Gourde (HTG).

Country Inflation: 14.4% (2008 est.) 3.5% (2009 est.).

City: Port-au-Prince is the capital and largest city of the Caribbean nation of Haiti.

City Economy: Port-au-Prince is the nation's largest center of economy and finance, however it has suffered considerable damage in the January 2010 earthquake. The city exports its most widely consumed produce of coffee and sugar.
Cost of Living: Port-au-Prince has an overall cost of living index which equates it with middle cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Port-au-Prince is currently ranked 100 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

For more cost of living information on Haiti, Port-au-Prince