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puerto rico gdp growth 2019

The statistic shows the growth in real GDP in Puerto Rico from 2009 to 2018, with projections up until 2021. ... 1961 - 2019 GDP (constant 2010 US$) ... GDP per capita growth (annual %) Download. 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. The Gross Domestic Product (GDP) in Puerto Rico expanded 1.50 percent in 2019 from the previous year. The gross domestic product (GDP) measures of national income and output for a given country's economy. The ... GDP 2017, billions $104 $4 $19,485 Job growth 2018, 5-year change -6.8% -13.9% 9.3% ... 2019 203 Puerto Rico Economic Indicators Manufacturing Employment Thousands Leisure & … International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. Puerto … That was partly due to the government’s tighter fiscal stance, natural disasters and a dwindling population. 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's GDP decreased by 2% in 2019. To learn more about cookies, click here. Updated as of 2019. The Trading Economics Application Programming Interface (API) provides direct access to our data. If you continue to navigate this website beyond this page, cookies will be placed on your browser. DataBank. Moreover, recurrent earthquakes pose a downside risk to the outlook. Download historical data for 20 million indicators using your browser. 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. Among the Major Seven economies, GDP growth slowed markedly in Japan … WDI Tables. ... 1960 - 2019 GDP growth (annual %) ... GDP per capita growth (annual %) Download. Chart 1 shows the year-by-year decline in real consumer spending and population for Puerto Rico. $) Share in 2019 (%) Rank PPP/Nom; 2018 2019 Change N. America World N. America World; Antigua and Barbuda: 2.583 All suggestions for corrections of any errors about Puerto Rico PEOPLE 2019 should be addressed to the CIA. Current Puerto Rico GDP Growth Rate is -2.61%. The last full US census results, from 2010, showed that there were 3,725,789 people in Puerto Rico, so the population decrease was 19,099 in a single year. 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 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. GDP (Nominal), GDP (PPP), GDP (Nominal) per capita, GDP (PPP) per capita, GDP Growth and rank in 2019. Gross domestic product (GDP) growth rate in Puerto Rico 2021 Profit from additional features with an Employee Account Please create an employee account … CSV XML EXCEL. 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. Find Out, Online tool for visualization and analysis. 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. Country. Puerto Rico's external debt is part of the U.S. debt, but the island has a public debt approaching US$16 billion. 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. 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. 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. 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. OECD GDP growth slows to 0.3% in the third quarter of 2019 . 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. Population growth rate:-1.7% (2018 est.) 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. Puerto Rico carries more debt per capita than any state in the United States. Puerto Rico gdp per capita for 2016 was $30,627, a 2.9% increase from 2015. Data source is International Monetary Fund World Economic Outlook (October-2018). Graph and download economic data for Gross Domestic Product for Puerto Rico (NYGDPMKTPCDPRI) from 1960 to 2019 about Puerto Rico and GDP. Facts and statistics about the GDP - composition by sector of Puerto Rico. Thematic data tables from WDI. 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. GDP (PPP) Country/Economy GDP (billions of Int. Population, GDP, life expectancy, birth rate and other key metrics for Puerto Rico. Per capita GDP growth can be broken down into a part which is due to growth in labour productivity (GDP per hour worked) and a part which is due to increased labour utilisation (hours worked per capita). Online tool for visualization and analysis. Puerto Rico is ranked as Caribbeans high-income economy and Latin Americas most competitive economy.

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