It is essential to know about the country’s background to conduct a PESTEL analysis. Haiti is the third-largest country in the Caribbean Sea and is highly dependent on natural resources, external aids, and contracts with other countries. The PESTEL Haiti shows how the country’s geographical location and lack of management resulted in its weakened states. Though the country is gradually developing and has seen a higher GDP in recent years, they need strict laws and proper management to strengthen their economy for further growth.
