The description is composed by our digital data assistant. Live data and insights on Coronavirus outbreak around the world, including detailed statistics for the US, Italy, EU, and China. Puerto Rico gnp for 2016 was $67.15B, a 0.44% decline from 2015. Puerto Rico Jump to. Current GDP (estimated data for 2020) and national debt. Though Puerto Rico inflation rate fluctuated substantially in recent years, it tended to decrease through 2000 - 2019 period ending at 0.1 % in 2019. Annual change in U.S. GDP. … The Commonwealth of Puerto Rico has a population of around 3.3 million. 2. 3 CO2 emissions (metric tons per capita) Details. Closing the budget deficit while restoring economic growth and employment remain the central concerns of the government. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. A. 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. GDP growth (annual %) - Puerto Rico from The World Bank: Data. Find Out. Tourism dollars majorly help the economy. Virtually all federal laws apply on the island, save a few exceptions, including a strong and robust protection for intellectual property and contracts. Confirmed and recovered cases, deaths, alternative data on economic activities, customer behavior, supply chains, and more. GDP of Puerto Rico increased from 61.7 billion US dollars in 2000 to 103.26 billion US dollars in 2019 growing at an average annual rate of 2.79%. The statistic shows gross domestic product (GDP) per capita in current U.S. dollars in Puerto Rico from 1984 to 2018, with projections up until 2024. Integrate your data with the world’s data in a personalized and collaborative environment, purpose-built to support your organizational objectives. Puerto Rico has suffered from a severe and prolonged economic slump for more than a decade, with GDP, The San Juan-Caguas area is the largest of the island’s seven metropolitan areas, representing roughly 75 percent of the island’s economy. The gross domestic product (GDP), the output of goods and services produced by labor and property located in Puerto Rico, showed an increase of 4.0% in current prices for FY 2019 (Figure 2). ^ This excludes the U.S. territories. However, Puerto Rico’s merchandise trade surplus is remarkably strong. Puerto Rico’s real gross national product (GNP) has shrunk by more than 22% as of 2018. Percentages for states are determined from the version of the count that excludes territories (21,729,124 million). Online tool for visualization and analysis. Source: Puerto Rico Planning oard. Here you can query, map, compare, chart and summarize key climate-related information. Graph and download economic data for Gross Domestic Product for Puerto Rico (NYGDPMKTPCDPRI) from 1960 to 2019 about Puerto Rico and GDP. The Climate Change Knowledge Portal is a hub of information, data and reports about climate change around the world. These annual statistics cover the time period from 2012 to 2017. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data. School enrollment, primary (% gross) Details. Chart 1 shows the year-by-year decline in real consumer spending and population for Puerto Rico. B. Graph and download economic data for Gross National Income for Puerto Rico (NYGNPMKTPCDPRI) from 1960 to 2019 about Puerto Rico and GNI. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Puerto Rico gnp for 2018 was $67.15B, a 0.98% increase from 2017. A comprehensive measure of economic activity for Puerto Rico. Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema. Puerto Rico's consumer spending saw nearly that much drop on average during the 2012-2017 period. Puerto Rico gdp for … Search and explore the world’s largest statistical database to find data. Online tool for visualization and analysis. Curated by Knoema’s data analysts to deliver leading short-term and long-term indicators and forecasts from trusted sources for each of the covered industries. Details. GRAVITON | Insights from Apple's Financial Statements, RIWI | Chinese More Optimistic About Financial Futures Than are Americans, Current account balance as a share of GDP. They were placed on your computer when you launched this website. 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. It … Graph, map and compare more than 1,000 time series indicators from the World Development Indicators. 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 gnp for 2019 was $70.18B, a 4.51% increase from 2018. You can change your personal cookie settings through your internet browser settings. Data are in current U.S. dollars. Over 44% of Puerto Rico residentslive in poverty, more than double the highest poverty rate of any U.S. state. 46% of the GDP … The statistic shows gross domestic product (GDP) in current international dollars in Puerto Rico from 1984 to 2018, with projections up until 2021. World and regional statistics, national data, maps and rankings, Discover new signals and insights from leading alternative and fundamental data providers, Latest releases of new datasets and data updates from different sources around the world. GDP is the value of the goods and services produced in a territory. Average Monthly Temperature 1901 - 2009 (C), Average Monthly Rainfall 1901 - 2009 (mm), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building, Poverty headcount ratio at national poverty lines (% of population), GNI per capita, Atlas method (current US$), Statistical Capacity score (Overall average). Making sure real figures and straight talk are part of the solution for Puerto Rico is an important aspect of reaching that goal. Thematic data tables from WDI. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. This site uses cookies to optimize functionality and give you the best possible experience. Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database. Federal Reserve Bank of St. Louis. Puerto Rico's external debt is part of the U.S. debt, but the island has a public debt approaching US$16 billion. In 2019, GDP for Puerto Rico was 103.26 billion US dollars. 1. Puerto Rico has a modern infrastructure and an institutional framework guided by the regulations of U.S. federal agencies, most of which have an active and continued presence in the island. Knoema is the most comprehensive source of global decision-making data in the world. Our website uses cookies to improve your online experience. Moreover, recurrent earthquakes pose a downside risk to the outlook. Closing the budget deficit while restoring economic growth and employment remain the central concerns of the government. The sectors of GDP that Current Puerto Rico GDP Growth Rate is -2.61%. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). If you continue to navigate this website beyond this page, cookies will be placed on your browser. From 2012 to 2017, “real,” or inflation-adjusted, consumer spending for Puerto Rico contracted at an average annual rate of 1.8 percent, consistent with steady declines in the population over this time period. Puerto Rico gdp for 2019 was $104.99B, a 3.97% increase from 2018. The CEO of Discover Puerto Rico, Brad Dean, noted that tourism makes up 10% of Puerto Rico's GDP.Following Hurricane Maria in 2017, he said: "The people of Puerto Rico have shown great resiliency...they are writing the textbook on how to use tourism to fuel economic recovery." As the island with the highest Gross Domestic Product (GDP) in the Caribbean and with a beneficial status as part of the United States, Puerto Rico should be moving to resolve its overall debt situation in 2019. Live estimate for national public debt today and since the beginning of the year. For most intents and purposes, Puerto Rico is treated as if it were a state of the United States, despite not being one. DataBank. Economic Census - Puerto Rico data are not comparable to U.S. Economic Census data Value Flags - Either no or too few sample observations were available to compute an estimate, or a ratio of medians cannot be calculated because one or both of the median estimates falls in the lowest or upper interval of an open ended distribution. If the territories are included, the total is 21,845,847 million. Puerto Rico's GDP decreased by 2% in 2019. Life expectancy at birth, total (years) Closing the budget deficit while restoring economic growth and employment remain the central concerns of the government. To learn more about cookies, click here. WDI Tables. Access the latest politics analysis and economic growth summary through 2011 for Puerto Rico from The Economist Intelligence Unit Puerto Rico’s 8.5% unemployment rate is over two times the national average. The country exports nearly 50% greater than it imports, and its current account surplus about 10% of GDP. The GDP value of Puerto Rico represents 0.09 percent of the world economy. The data include the components of GDP: consumer spending, private fixed investment, private inventory investment, imports and … ^ Percentage is out of a separate United States GDP total which includes the U.S. territories (21,845,847 million). How big is the Visitor Economy in Puerto Rico? According the WTCC the direct contribution of tourism in Puerto Rico in 2017 was $2.5 billion, while the estimate for the total contribution (including in directed and induced) was $7 billion, equivalent to 7% of GDP. The Gross Domestic Product (GDP) in Puerto Rico was worth 104.99 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. Puerto Rico carries more debt per capita than any state in the United States. Its GDP (adjusted for purchasing power) is 40,796, according to the latest economic data. Puerto Rico's merchandise trade surplus is exceptionally strong, with exports nearly 50% greater than imports, and its current account surplus about 10% of GDP. In 2019, GDP for Puerto Rico was 103.26 billion US dollars. ... 1961 - 2019 GDP (constant 2010 US$) ... GDP per capita growth (annual %) Download. However, re-building efforts made after Puerto Rico was hit by its biggest earthquake in a century … In 2019, inflation rate for Puerto Rico was 0.1 %. Climate; GDP (current US$) Details. Puerto Rico gnp for 2017 was $66.50B, a 0.97% decline from 2016. The Gross Domestic Product (GDP) in Puerto Rico expanded 1.50 percent in 2019 from the previous year. Population, total. Personal Consumption Expenditures, Private Fixed Investment, and Net Exports of Goods SAN JUAN, PUERTO RICO (October 15, 2019) -- Today, the Bureau of Economic Analysis (BEA) released prototype statistics for personal consumption expenditures, private fixed investment, and net exports of goods for Puerto Rico. Okay to continue This variable has been recording falls in FY 2017 and FY 2018 fiscal years. 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. CSV XML EXCEL. That was partly due to the government’s tighter fiscal stance, natural disasters and a dwindling population. U.S. territories, like states, borrow through financial markets. GDP of Puerto Rico increased from 61.7 billion US dollars in 2000 to 103.26 billion US dollars in 2019 growing at an average annual rate of 2.79%. Live statistics for Economy of Puerto Rico. Poverty headcount ratio at national poverty lines (% of population) Details. 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 GDP Growth Rate table by year, historic, and current data. 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puerto rico gdp 2019

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