US minimum wage laws apply in Puerto Rico, hampering job expansion. Unemployment reached 16% in 2011, but declined to 11.5% in December 2017. However, in terms of payroll, small businesses constitute about 61% of all payroll on the island with about 13% of all payroll coming from medium businesses (between 250–499 employees) and about 25% coming from large enterprises (more than 500 employees). It is calculated without making deductions for depreciation of fabricated assets or for … Puerto Rico Economic Growth - Historical Data; Year GDP Per Capita Growth Rate; 2019: … The Bahamas and Puerto Rico were the states with the highest gross domestic product (GDP) per capita in Latin America and the Caribbean as of 2019. Please check your download folder. The economy likely remained downbeat at the outset of the new fiscal year—which began in July—after economic activity started to contract in March due to the outbreak of the pandemic and regular earthquakes. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. GDP per capita of Puerto Rico increased from 16,192 US dollars in 2000 to 31,538 US dollars in 2019 growing at an average annual rate of 3.60%. US minimum wage laws apply in Puerto Rico, hampering job expansion. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart. Publish your articles and forecasts in our website. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. THE FACTS: • Residents of Puerto Rico are not required to pay federal income taxes. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. Details. GNI per capita, Atlas method (current US$) Details. In 2018, Puerto Rico had a population of 3.2M people with a median age of 42.9 and a median household income of $20,296. . We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. GDP per capita year to date (annual $33 348) Connecting . Country. IMF. Diminished job opportunities prompted a sharp rise in outmigration, as many Puerto Ricans sought jobs on the US mainland. See also. All Countries and Economies. Online tool for visualization and analysis. In 2019, GDP per capita for Puerto Rico was 31,538 US dollars. All suggestions for corrections of any errors about international rankings of Puerto Rico should be addressed to the CIA. The GDP value of Puerto Rico represents 0.09 percent of the world economy. GDP 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: 31,651: 55 — ... U.S. states by GDP per capita, 2019. List of U.S. states and territories by GDP; List of sovereign states in Europe by GDP (PPP) per capita; List of U.S. states by American Human Development Index; Comparison between U.S. states and sovereign states by GDP (nominal) per capita ; Thank God for Mississippi; References. Le ultime informazioni esaustive per - Porto RicoGDP per capita - incluse ultime notizie, tabella dei dati storici, grafici e altro. Data are in current U.S. dollars. The Gross Domestic Product per capita in Puerto Rico was last recorded at 27684.46 US dollars in 2019. 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 GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. CSV XML EXCEL. Poverty headcount ratio at national poverty lines (% of population) Details. Among top 20 richest economies, per capita income of 17 economies is less in 2019 compare to previous year. October 11, 2019. Available data suggests activity remained frail at the outset of FY 2021. 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, 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. DataBank. Dollars, Annual, Not Seasonally Adjusted 1960 to 2019 (Jul 2) Population, Total for Puerto Rico . Persons, Not Seasonally Adjusted . School enrollment, primary (% gross) Details. Statistics and historical data on GDP growth rate, per capita PPP, constant prices. No claims are made regarding the accuracy of international rankings of Puerto Rico contained here. Per capita income is about two-thirds that of the US mainland. Activity shrank again in August, albeit at the softest pace in four months, pointing to a mild improvement in conditions. Constant GDP per capita for Puerto Rico . NOTE: The information regarding the international rankings of Puerto Rico on this page is derived from the CIA World Factbook 2019. Between 2017 and 2018 the population of Puerto Rico declined from 3.34M to 3.2M, a -4.26% decrease and its median household income grew from $19,343 to $20,296, a 4.93% increase. GDP(PPP) year to date: Connecting . The GDP per Capita in Puerto Rico is equivalent to 219 percent of … Structure of Puerto Rico GDP… GDP 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. Chart. Population, total. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Annual 1960 to 2019 (Jul 2) 5 Year 1967 to 2012 (2014-09-19) Ratio of GNP to GDP for Puerto Rico . Tourism has traditionally been an important source of income with estimated arrivals of more than 3.6 million tourists in 2008. Puerto Rico Jump to. Per capita income is about two-thirds that of the US mainland. Connecting . More than 99% of all businesses in Puerto Rico are considered small businesses (less than 250 employees) with more than 74% being micro-enterprises (less than 10 employees). . Top Losers in 2019 : At current prices, Out of 192 economies estimated by IMF, GDP per capita of 91 economies have decreased in 2019. 40,067 (international dollars) in 2019. November 10, 2020. Most Recent Year. Life expectancy at birth, total (years) Details. "Puerto Rico: Gross domestic product (GDP) per capita in current U.S. dollars from 1984 to 2024." Help us improve this site Help / Feedback. Contact us ; Puerto Rico Economy. Diminished job opportunities prompted a sharp rise in outmigration, as many Puerto Ricans sought jobs on the US mainland. Please check your download folder. The latest comprehensive information for - Puerto Rico GDP per capita PPP - including latest news, historical data table, charts and more. Per capita income is about two-thirds that of the US mainland. The industrial sector greatly exceeds agriculture as the locus of economic activity and income. GDP (Nominal), GDP (PPP), GDP (Nominal) per capita, GDP (PPP) per capita, GDP Growth and rank in 2019. Climate; GDP (current US$) Details. Over the last 50 years, GDP per capita of Puerto Rico grew substantially from 1,852 to 32,874 US dollars rising at an increasing annual rate that reached a maximum of 12.80% in 1979 and then decreased to 3.96% in 2019. GDP per capita is gross domestic product divided by midyear population. … Graph and download economic data for Gross Domestic Product Per Capita for Puerto Rico (NYGDPPCAPCDPRI) from 1960 to 2019 about Puerto Rico, per capita, and GDP. Puerto Rico Economic Outlook. • When you include the state and federal debt that is borne by mainland U.S. residents, Puerto Rico’s per capita debt load is 75% lower than the average for even the 10 states with the lowest per capita … Puerto Rico - Gross domestic product per capita based on purchasing-power-parity in current prices 40.067 (Int. The latest comprehensive information for - Puerto Rico GDP per capita - including latest news, historical data table, charts and more. Live statistics for Economy of Puerto Rico. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. Norway and Sweden have also lost more than US$3,000. . . US minimum wage laws apply in Puerto Rico, hampering job expansion. Unemployment reached 16% in 2011, but declined to 11.5% in December 2017. 2010 U.S. In 2019, GDP per capita for Puerto Rico was 32,874 US dollars. The Trading Economics Application Programming Interface (API) provides direct access to our data. As últimas informações abrangentes para - Porto Rico GDP per capita - incluindo as últimas notícias, tabela de dados históricos, gráficos e muito mais. . The industrial sector greatly exceeds agriculture as the locus of economic activity and income. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Current GDP (estimated data for 2020) and national debt. source: World Bank 10Y 25Y Data source is International Monetary Fund World Economic Outlook (October-2018). 31,538 (US dollars) in 2019. Population, GDP, life expectancy, birth rate and other key metrics for Puerto Rico. Puerto Rico is classified as a high income country, high income countries are defined by the World Bank as countries with a Gross National Income (GNI) per capita of $11,116 or more. Download historical data for 20 million indicators using your browser. . Live estimate for national public debt today and since the beginning of the year. Most Recent Value . Economic activity dropped over 9% on average in April–June, due to the fallout from the pandemic and regular earthquakes. PPA $ per capita) em 2019 GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. Tourism has traditionally been an important source of income with estimated arrivals of more than 3.6 million tourists in 2008. CO2 emissions (metric tons per capita) Details. Graph and download revisions to economic data for from 1960 to 2018 about Puerto Rico, per capita, real, and GDP. The description is composed by our digital data assistant. GDP per capita is gross domestic product divided by midyear population. 1960 - 2019 GDP per capita growth (annual %) ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 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 and National debt 28-11-2020 13:02:51. What is GDP per capita? GDP per capita is gross domestic product divided by midyear population. Per capita income is about two-thirds that of the US mainland. 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. US minimum wage laws apply in Puerto Rico, hampering job expansion. Puerto Rico GDP Value was 105 USD Billion in 2020. Statista. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Puerto Rico - GDP per capita (U.S. Dollars) The economy likely shrank at the end of FY 2020 (July 2019–June 2020). Direct access to our calendar releases and historical data. Iceland is the biggest loser as its gdp per capita figure has declined by $7,478. Examples below that you can copy and paste to your site: your export... 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