Banana Republic is a put-down term, sometimes used to describe countries that are unstable or ruled by monied tyrants, whether or not bananas are grown in the country.
You can read more about the origin of this phrase, below.
El salvador - coffee republic
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a banana republic
El Salvador was known as a "coffee republic" due to its heavy reliance on coffee production, which dominated its economy. This term emphasized the country's economic dependence on coffee exports, similar to how banana republics were dependent on banana exports in other Central American countries.
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Ghana grows so many bananas, the country could become a banana republic. (by the way - bananas are not trees, they are a large herbaceous plant and the upright stem is called a psudostem)
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The country known as the "Mountain Republic" is Switzerland. It earned this nickname due to its mountainous terrain with the Swiss Alps dominating a large part of the country's landscape.
The Republic of China is commonly known as Taiwan. The People's Republic of China is commonly known simply as China.
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The term "Banana Republic" usually refers to a country which is unstable and relies on exports. Some of the countries which are currently considered Banana Republics are Guatemala and the Honduras. The first Banana Republics were located in the Carribean