Persons, Not Seasonally Adjusted. Current Puerto Rico Real GDP Per Capita is 27,270.67 USD. Tourist arrivals at national borders (000) 2005: 3686: Air arrivals. Puerto Rico GDP Per Capita chart, historic, and current data. Puerto Rico Real GDP Per Capita chart, historic, and current data. Puerto Rico had its âdevelopment miracleâ in the 60âs, 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. In 2019, GDP per capita growth for Puerto Rico was 1.2 %. 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. ⢠When you include the state and federal debt that is borne by mainland U.S. residents, Puerto Ricoâs per capita debt load is 75% lower than the average for even the 10 states with the lowest per capita ⦠US minimum wage laws apply in Puerto Rico, hampering job expansion. Current Puerto Rico GDP Per Capita is 30,790.11 USD. Unemployment reached 16% in 2011, but declined to 13.7% in December 2014. Economic activity dropped over 9% on average in AprilâJune, due to the fallout from the pandemic and regular earthquakes. 31.538 (US dólar) em 2019 GDP per capita is gross domestic product divided by midyear population. Puerto Rico - PIB per capita. Live estimate for national public debt today and since the beginning of the year. Puerto Rico: GDP/cap growth, 5 years (%). 81% more than Puerto Rico Gross National Income: $42.05 billion Ranked 45th. 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. 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. 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. 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. Source:'Junta de Planificación de Puerto Rico'. US minimum wage laws apply in Puerto Rico, hampering job expansion. Puerto Rico gni per capita for 2017 was $20,000, a 1.47% increase from 2016. Puerto Rico gni per capita for 2018 was $21,030, a 5.15% increase from 2017. GDP per capita is gross domestic product divided by midyear population. The latest comprehensive information for - Puerto Rico GDP per capita - including latest news, historical data table, charts and more. Diminished job opportunities prompted a sharp rise in outmigration, as many Puerto Ricans sought jobs on the US mainland. (see Data FAQs) Source: IMF World Economic Outlook Database The financial year begins on July 1st and ends on May 31st. Puerto Rico Economic Growth The economy is set to recover mildly in FY 2021 (July 2020âJune 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. Per capita income is about two-thirds that of the US mainland. 3 times more than Puerto Rico GDP per capita: $27,677.53 Ranked 27th. Puerto Rico GDP per Capita Growth is at -1.04%, compared to -0.27% last year. Per capita income is about two-thirds that of the US mainland. Puerto Rico: GDP per capita. Unemployment reached 16% in 2011, but declined to 11.5% in December 2017. 2010 U.S. Dollars) The economy likely shrank at the end of FY 2020 (July 2019âJune 2020). The gross domestic product (GDP) per capita is the national output, divided by the population, expressed in U.S dollars per person, for the latest year for which data is published. Unemployment reached 16% in 2011, but declined to 11.5% in December 2017. GDP per capita (US$) ..... 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 1â2 2 Transition 2â3 3 Puerto Rico Advanced economies In 2019, GDP per capita for Puerto Rico was 31,538 US dollars. Aggregates are based on constant U.S. dollars. The Bahamas is followed by Puerto Rico, which has a GDP per capita of around $18,000. Current GDP (estimated data for 2020) and national debt. Source:'Junta de Planificación de Puerto Rico'. Aktuella värden, historiska data, prognoser, statistik, diagram och ekonomisk kalender - Port - Rich - BNP per capita PPP. Annual 1960 to 2019 (Jul 2) 5 Year 1967 to 2012 (2014-09-19) Ratio of GNP to GDP for Puerto Rico . The percentage change in GDP per capita for the latest 5 years for which data is published. 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 $20,296, a 4.93% increase. Puerto Rico - GDP per capita (U.S. Value & Rank The GDP per Capita (PPP) of Puerto Rico is 34,674 ($) with a global rank of 35. Updated as of 2019. Furthermore, in 2004 and 2010, 18 US states take more per capita from the US Federal Government than Puerto Rico. Constant GDP per capita for Puerto Rico . Unemployment reached 16% in 2011, but declined to 11.5% in December 2017. US minimum wage laws apply in Puerto Rico, hampering job expansion. US minimum wage laws apply in Puerto Rico, hampering job expansion. Diminished job opportunities prompted a sharp rise in outmigration, as many Puerto Ricans sought jobs on the US mainland. 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. Per capita income is about half that of the US mainland. (see Data FAQs) Source: IMF World Economic Outlook Database. Puerto Rico publishes a quarterly purchase-only house price index. Diminished job opportunities prompted a sharp rise in outmigration, as many Puerto Ricans sought jobs on the US mainland. Puerto Rico gni per capita for 2019 was $21,970, a 4.47% increase from 2018. Puerto Rico gni per capita for 2016 was $19,710, a 1.49% increase from 2015. Per capita income is about two-thirds that of the US mainland. Dollars, Annual, Not Seasonally Adjusted 1960 to 2019 (Jul 2) Population, Total for Puerto Rico . This is lower than the long term average of 2.76%. Puerto Rico and the Dominican Republic have had different development tracks. 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%. The GDP growth rate was at -0.6 as of 2013. 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. Diminished job opportunities prompted a sharp rise in outmigration, as many Puerto Ricans sought jobs on the US mainland. $49,965.27 Ranked 10th. Aktuelle værdier, historiske data, prognoser, statistik, diagrammer og økonomisk kalender - Port-Rich - BNP per capita. 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. through ⦠Puerto Rico has a GDP of $101.5 billion and ranks 60th by nominal GDP. 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. 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. 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. First, letâs see if the premise in the question is correct. THE FACTS: ⢠Residents of Puerto Rico are not required to pay federal income taxes. Overview Of The Economy Of Puerto Rico. Facts and statistics about the GDP - composition by sector of Puerto Rico. 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