Haiti’s services sector makes up 52 percent of the country’s gross domestic product and employs 25 percent of the labor force. According to World Bank statistics, the services sector is one of the main sectors of Haiti’s economy that sustains steady growth.
Banking and finance
Haiti’s central bank, the Bank of the Republic of Haiti, oversees 10 commercial banks and two foreign banks operating in the country. Most banking takes place in the capital city of Port-au-Prince. The United Nations and the International Monetary Fund have led efforts to diversify and expand the finance sector, making credit more available to rural populations. In 2002, the Canadian International Development Agency led a training program for Haitian Credit Unions. Haiti has no stock exchange yet.
The Caribbean Tourism Organization (CTO) has joined the Haitian government in an effort to restore the island’s image as a tourist destination. About 150,000 foreigners visit Haiti each year. Most came from the United States. To increase tourism, further improvements in hotels, restaurants and other infrastructure are being developed.