Dollars) The economy likely shrank at the end of FY 2020 (July 2019–June 2020). Per capita income is about two-thirds that of the US mainland. In 2019, GDP per capita for Puerto Rico was 31,538 US dollars. US minimum wage laws apply in Puerto Rico, hampering job expansion. GDP per capita is gross domestic product divided by midyear population. Graph and download economic data for Constant GDP per capita for Puerto Rico (NYGDPPCAPKDPRI) from 1960 to 2019 about Puerto Rico, per capita, real, and GDP. In 2019, GDP per capita growth for Puerto Rico was 1.2 %. Puerto Rico publishes a quarterly purchase-only house price index. Puerto Rico - GDP per capita (U.S. Diminished job opportunities prompted a sharp rise in outmigration, as many Puerto Ricans sought jobs on the US mainland. Diminished job opportunities prompted a sharp rise in outmigration, as many Puerto Ricans sought jobs on the US mainland. 81% more than Puerto Rico Gross National Income: $42.05 billion Ranked 45th. Live statistics for Economy of Puerto Rico. Puerto Rico gni per capita for 2018 was $21,030, a 5.15% increase from 2017. 2010 U.S. Overview Of The Economy Of Puerto Rico. Puerto Rico: GDP per capita. Puerto Rico gni per capita for 2019 was $21,970, a 4.47% increase from 2018. Puerto Rico and the Dominican Republic have had different development tracks. Unemployment reached 16% in 2011, but declined to 11.5% in December 2017. Annual 1960 to 2019 (Jul 2) 5 Year 1967 to 2012 (2014-09-19) Ratio of GNP to GDP for Puerto Rico . The financial year begins on July 1st and ends on May 31st. Aktuella värden, historiska data, prognoser, statistik, diagram och ekonomisk kalender - Port - Rich - BNP per capita PPP. The percentage change in GDP per capita for the latest 5 years for which data is published. Annual percentage growth rate of GDP per capita based on constant local currency. The GDP per capita by purchasing power parity (PPP) is 34,938. Public debt rose to 105% of GDP in 2015, about $17,000 per ... family of four cost the U.S. government over $19,000 per year. • When you include the state and federal debt that is borne by mainland U.S. residents, Puerto Rico’s per capita debt load is 75% lower than the average for even the 10 states with the lowest per capita … (see Data FAQs) Source: IMF World Economic Outlook Database Updated as of 2019. Per capita income is about half that of the US mainland. GDP per capita (US$) ..... 28,325 GDP (PPP) as share (%) of world total ..... n/a Global Competitiveness Index GCI 2014 ... Puerto Rico Stage of development Factor driven Efficiency driven Innovation driven 1 Transition 1–2 2 Transition 2–3 3 Puerto Rico Advanced economies Unemployment reached 16% in 2011, but declined to 13.7% in December 2014. US minimum wage laws apply in Puerto Rico, hampering job expansion. Puerto Rico GDP per Capita Growth is at -1.04%, compared to -0.27% last year. Diminished job opportunities prompted a sharp rise in outmigration, as many Puerto Ricans sought jobs on the US mainland. First, let’s see if the premise in the question is correct. 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. Tourist arrivals at national borders (000) 2005: 3686: Air arrivals. $49,965.27 Ranked 10th. 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%. 3 times more than Puerto Rico GDP per capita: $27,677.53 Ranked 27th. The Bahamas is followed by Puerto Rico, which has a GDP per capita of around $18,000. Per capita income is about two-thirds that of the US mainland. Facts and statistics about the GDP - composition by sector of Puerto Rico. Puerto Rico gni per capita for 2016 was $19,710, a 1.49% increase from 2015. Puerto Rico: GDP/cap growth, 5 years (%). Constant GDP per capita for Puerto Rico 2013-11-27 2019-06-28 Source World Bank: 2013-11-27 2019-06-28 Release World Development Indicators: 2013-11-27 2019-06-28 Units 2005 U.S. US minimum wage laws apply in Puerto Rico, hampering job expansion. Unemployment reached 16% in 2011, but declined to 11.5% in December 2017. Current Puerto Rico Real GDP Per Capita is 27,270.67 USD. Puerto Rico Real GDP Per Capita chart, historic, and current data. 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. The latest comprehensive information for - Puerto Rico GDP per capita - including latest news, historical data table, charts and more. 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. The GDP growth rate was at -0.6 as of 2013. (see Data FAQs) Source: IMF World Economic Outlook Database. Current Puerto Rico GDP Per Capita is 30,790.11 USD. Source:'Junta de Planificación de Puerto Rico'. This is lower than the long term average of 2.76%. In 2019, the national gross income per capita in Puerto Rico amounted to around 22 thousand U.S. dollars, up from 21 thousand U.S. dollars per person in the previous year. Though Puerto Rico GDP per capita growth fluctuated substantially in recent years, it tended to decrease through 1970 - 2019 period ending at 1.2 % in 2019. 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. Unemployment reached 16% in 2011, but declined to 11.5% in December 2017. 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. 31.538 (US dólar) em 2019 GDP per capita is gross domestic product divided by midyear population. Constant GDP per capita for Puerto Rico . through … Puerto Rico GDP Per Capita chart, historic, and current data. The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. US minimum wage laws apply in Puerto Rico, hampering job expansion. Dollars, Annual, Not Seasonally Adjusted 1960 to 2019 (Jul 2) Population, Total for Puerto Rico . Live estimate for national public debt today and since the beginning of the year. Puerto Rico gni per capita for 2017 was $20,000, a 1.47% increase from 2016. Aggregates are based on constant U.S. dollars. Puerto Rico has a GDP of $101.5 billion and ranks 60th by nominal GDP. Puerto Rico - PIB per capita. Diminished job opportunities prompted a sharp rise in outmigration, as many Puerto Ricans sought jobs on the US mainland. Aktuelle værdier, historiske data, prognoser, statistik, diagrammer og økonomisk kalender - Port-Rich - BNP per capita. Persons, Not Seasonally Adjusted. Value & Rank The GDP per Capita (PPP) of Puerto Rico is 34,674 ($) with a global rank of 35. Current GDP (estimated data for 2020) and national debt. 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. First, we must use the same data supplier, one recognized worldwide, for exactly the same concepts and methods and same periods if we want to have comparable figures. 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