List of U.S. metropolitan areas by GDP per capita Notes Edit ^ 2020 Q2 for the 50 states and District of Columbia; 2019 for Puerto Rico; 2018 for American Samoa, Guam, and the Northern Mariana Islands; 2017 for the U.S. Virgin Islands Direct access to our calendar releases and historical data. The economy of Puerto Rico is classified as a high income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. Puerto Rico economic growth for 2019 was $104.99B, a 3.97% increase from 2018. ... 1960 - 2019 GDP growth (annual %) ... GDP per capita growth (annual %) Download. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart | News. Country. Puerto Rico's external debt is part of the U.S. debt, but the island has a public debt approaching US$16 billion. Closing the budget deficit while restoring economic growth and employment remain the central concerns of the government. Thematic data tables from WDI. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Source: Puerto Rico Planning oard. GDP growth (annual %) - Puerto Rico from The World Bank: Data. Puerto Rico is ranked as Caribbeans high-income economy and Latin Americas most competitive economy. Closing the budget deficit while restoring economic growth and employment remain the central concerns of the government. CSV XML EXCEL. Among the Major Seven economies, GDP growth slowed markedly in Japan … A nation's GDP at official exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral average US exchange rate with that country in that year. Puerto Rico Population Growth. The economy is considered highly vulnerable to changes in the world economies due to the dependence on imported goods such as food materials as well as industrial raw materials. Selected Countries and Economies. Find Out, Online tool for visualization and analysis. ... 1961 - 2019 GDP (constant 2010 US$) ... GDP per capita growth (annual %) Download. Data source is International Monetary Fund World Economic Outlook (October-2018). These annual statistics cover the time period from 2012 to 2017. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Puerto Rico gdp per capita for 2017 was $31,109, a 1.57% increase from 2016. The Trading Economics Application Programming Interface (API) provides direct access to our data. country comparison to the world: ... 6% of GDP (2014) country comparison to the world: 36 [see also: ... No claims are made regarding the accuracy of Puerto Rico PEOPLE 2019 information contained here. DataBank. However, re-building efforts made after Puerto Rico was hit by its biggest earthquake in a century in … The geography of Puerto Rico and its political statusare both determining factors on its economic prosperity, primarily due to its relativ… The Commonwealth of Puerto Rico has a population of around 3.3 million. Puerto Rico has a highly educated and skilled workforce and is considered a customs territory of the US making it possible for the companies from the US to establish in Puerto Rico. WDI Tables. Thematic data tables from WDI. The plan also projects a brief burst of 7.6 percent GDP growth for 2019 — a figure Caraballo said is overly optimistic. OECD GDP growth slows to 0.2% in the fourth quarter of 2019 . OECD GDP growth slows to 0.3% in the third quarter of 2019 . The Gross Domestic Product (GDP) in Puerto Rico was worth 104.99 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. This variable has been recording falls in FY 2017 and FY 2018 fiscal years. The economy shifted from a primarily … Population growth rate:-1.7% (2018 est.) GDP (current US$) - Puerto Rico from The World Bank: Data. That was partly due to the government’s tighter fiscal stance, natural disasters and a dwindling population. The GDP value of Puerto Rico represents 0.09 percent of the world economy. Selected Countries and Economies. The sectors of GDP that $) Share in 2019 (%) Rank PPP/Nom; 2018 2019 Change N. America World N. America World; Antigua and Barbuda: 2.583 The Gross Domestic Product (GDP) in Puerto Rico expanded 1.50 percent in 2019 from the previous year. GDP (official exchange rate): This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. GDP Annual Growth Rate in Puerto Rico averaged 3.34 percent from 1961 until 2019, reaching an all time high of 13.80 percent in 1971 and a record low of -4.30 percent in 2018. Puerto Rico carries more debt per capita than any state in the United States. CSV XML EXCEL. The gross domestic product (GDP) measures of national income and output for a given country's economy. Puerto … The figures above show that the population of Puerto Rico has begun to decline after a long period of steady and fairly rapid growth (as can be seen in this table).. Puerto Rico Economic Growth The economy is set to recover mildly in FY 2021 (July 2020–June 2021), as growth is not expected until the second half of the year due to lingering uncertainty over the evolution of the pandemic and its associated measures weighing on activity. Download the entire news release (PDF 120KB) 19/11/2019 - Growth of real gross domestic product (GDP) in the OECD area slowed marginally‎ to 0.3% in the third quarter of 2019, compared with 0.4% in the previous quarter, according to provisional estimates.. The prototype estimates showed that the Puerto Rico economy, as measured by inflation-adjusted (or “real”) GDP, expanded from 2012 to 2014, before turning down in 2015 and continuing to decrease through 2018. Puerto Rico GDP Growth Rate table by year, historic, and current data. To make matters worse, Puerto Rico's unemployment rate is above 15%, more than double the 7.3% in the mainland, per the Bureau of Labor Statistics. Puerto Rico's GDP decreased by 2% in 2019. Mapa’s fourth quarter economic growth forecast compares with the 6.2 percent in the third quarter after the slower-than-expected 5.6-percent and 5.5-percent GDP expansions in the first and second. DataBank. Puerto Rico Coronavirus Cases at 53708.00 Persons, Puerto Rico Coronavirus Deaths at 2.00 Persons, Puerto Rico Coronavirus Recovered at 0.00 Persons, Ease of Doing Business in Puerto Rico at 65.00, Puerto Rico Internet Speed at 12366.58 KBps, Puerto Rico Average Precipitation at 94.71 mm, Puerto Rico Average Temperature at 25.12 celsius, Puerto Rico Balance of Trade at 704.70 USD Million, Puerto Rico Exports at 4363.50 USD Million, Oil Rallies after OPEC Announce Production Cut, Uruguay Inflation Rate Eases to 8-Month Low, Armenia Inflation Rate Rises to 1.6% in November, South Africa Stocks End at Over 10-Month High. Moreover, recurrent earthquakes pose a downside risk to the outlook. GDP (PPP) Country/Economy GDP (billions of Int. World Bank national accounts data, and OECD National Accounts data files. Puerto Rico's merchandise trade surplus is exceptionally strong, with exports nearly 50% greater than imports, and its current account surplus about 10% of GDP. 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