The World Bank notes that more than half of Haiti’s population lives on less than $1 a day, while about 80% of the country lives on less than $2 a day. The country’s estimated unemployment rate as of 2010 was 40.6%. The impoverished nation is in a state of rebuilding since a devastating earthquake hit the country in 2010. According to a USAID report, the death toll from the earthquake was between 46,000 and 85,000, while the official figure by the Haitian government estimated the death toll at 316,000. The World Bank estimates that damages from earthquake totaled $8 billion, or about 120% of gross domestic product.
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Sep 21, 2012 By Paul