Puerto rico gdp

Nevertheless, Puerto Rico's GDP per capita compares favorably to other independent Caribbean nations, and is one of the highest in North America. See List of North American countries by GDP per capita. Puerto Rico has a GDP per capita of $16,300 (2010 est.). Compared to the rest of the world they are ranked 73rd. When compared to Latin America, Puerto Rico has the highest GDP per capita in the region. Its main trading partners are the United States itself, Ireland, and Japan, with most products coming from East Asia, mainly from China, Hong Kong, and Taiwan. GDP Annual Growth Rate in Puerto Rico averaged 3.52 percent from 1961 until 2017, reaching an all time high of 13.80 percent in 1971 and a record low of -3.80 percent in 2009. This page provides - Puerto Rico GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Puerto Rico The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor education that prevail in the country where she lives. Puerto Rico Economic Outlook. December 3, 2019. The economy appears to remain scarred this fiscal year, which started in July, by the devasting effects caused by Hurricanes Maria and Irma which struck the island two years ago, as well as by the ongoing shrinkage of the labor force and the weakness of the government’s finances. 11/21/2019 · The statistic shows gross domestic product (GDP) in current U.S. dollars in Puerto Rico from 1984 to 2018, with projections up until 2024. These new economic data lay the groundwork for BEA to estimate the island's GDP. Currently, the annual statistics cover the time period from 2012 to 2017 and can be used to better gauge the performance of the Puerto Rico economy over that period. The impact of reconstruction from Hurricane Maria (2017) appears to be faltering as the economy appears already to have slipped back into its secular decline. Efforts to restructure Puerto Rico's defaulted debt are making progress, but the island's economic outlook remains cloudy given a lack of economic competitiveness and steep fiscal challenges.

Mar 2, 2008 San Juan, the capital of Puerto Rico, lies nearly equidistant from the three. Reserve. different economic metric, output (or GDP), Puerto Rico.

11/21/2019 · The statistic shows gross domestic product (GDP) in current U.S. dollars in Puerto Rico from 1984 to 2018, with projections up until 2024. These new economic data lay the groundwork for BEA to estimate the island's GDP. Currently, the annual statistics cover the time period from 2012 to 2017 and can be used to better gauge the performance of the Puerto Rico economy over that period. The impact of reconstruction from Hurricane Maria (2017) appears to be faltering as the economy appears already to have slipped back into its secular decline. Efforts to restructure Puerto Rico's defaulted debt are making progress, but the island's economic outlook remains cloudy given a lack of economic competitiveness and steep fiscal challenges. Puerto Rico and the Dominican Republic have had different development tracks. Puerto Rico had its “development miracle” in the 60’s, thanks in part to initiatives like Operation Bootstrap, which led to growth in GDP per capita unparalleled to other islands in the Caribbean during that period. Puerto Rico has been one of the most dynamic and competitive economies in Latin America and the Caribbean region until recent years, Puerto Rico's economy relies mainly on federal aid from the United States government. Until the 1940's, Puerto Rico's economy was dominated by sugar production up.

Greece is expected to default on its government debts tomorrow as its bailout package from the European Union (EU) expires. The country will also hold a referendum on Friday on whether to accept the latest round of terms from its EU funders…

GDP in Puerto Rico is expected to be 103.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Puerto Rico GDP is projected to trend around 107.00 USD Billion in 2020, according to our econometric models.

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. The main drivers of Puerto Rico's economy are manufacturing, primarily…

My new discussion paper with Greg Makoff on economic and demographic trends in Puerto Rico. Puerto Rico, officially Commonwealth of Puerto Rico (Spanish: Estado Libre Asociado de Puerto Rico) is a self-governing unincorporated organized territory of the United States located east of the Dominican Republic in the northeastern … Puerto Rico may be an ideal destination to have a traditional vacation consisting of plenty of sun, sea and sand, but there is much more to this Caribbean island than just that.

Puerto Rico is gauging itself on municipal bond debt. Get the full story here.

Puerto Rico is renowned for its diverse landscapes. The territory packs in a mountain range, a tropical rainforest and some of the most spectacular waterfalls on earth. Not bad for a small Caribbean island.

My new discussion paper with Greg Makoff on economic and demographic trends in Puerto Rico. Puerto Rico, officially Commonwealth of Puerto Rico (Spanish: Estado Libre Asociado de Puerto Rico) is a self-governing unincorporated organized territory of the United States located east of the Dominican Republic in the northeastern … Puerto Rico may be an ideal destination to have a traditional vacation consisting of plenty of sun, sea and sand, but there is much more to this Caribbean island than just that. After years of irresponsible borrowing to keep a floundering economy afloat, Puerto Rico finally called it quits on June 28, admitting that it will not be able to pay back all of its $72 billion in public debt. Puerto Rico offers a unique value proposition because it is a U.S. territory and therefore its regulatory, patent and other intellectual property systems are identical to those of the U.S.