The Dominican Republic is significantly richer than Haiti.
Economic Disparity Between Haiti and the Dominican Republic
When comparing the economic standing of Haiti and the Dominican Republic, the data clearly shows a substantial difference in wealth. Haiti is recognized as the poorest country in the Western Hemisphere, particularly when considering its gross domestic product (GDP) per capita.
To fully understand the true purchasing power of individuals in these nations, it's important to look beyond just nominal GDP figures. When economic data is corrected for differences in purchasing power, an average person residing in the Dominican Republic is nearly nine times richer than an average person in Haiti. This stark contrast highlights the vast economic disparity between the two nations sharing the island of Hispaniola.
Key Economic Indicators Comparison
| Indicator | Haiti | Dominican Republic |
|---|---|---|
| GDP Per Capita (Nominal) | Poorest in Western Hemisphere | Significantly Higher |
| Purchasing Power Parity (PPP) Adjusted | Lowest in the region | Nearly 9 times richer per person than Haiti |
This significant economic gap is a critical factor influencing various aspects of life, including the quality of infrastructure, access to essential resources, and the overall opportunities available to their respective populations.
