Details. PUERTO RICO: FINANCIAL AND ECONOMIC PROFILE. Please create an employee account to be able to mark statistics as favorites. In 2018, the services industry in Puerto Rico contributed with almost half of the value added to the country's gross domestic product (GDP). Ratings by major rating agencies. The Commonwealth of Puerto Rico has a population of around 3.3 million. Puerto Rico Jump to. (October 15, 2020). Prior to the 2008, standards were published in 1968 and 1993. "Puerto Rico: Distribution of Gross Domestic Product (Gdp) across Economic Sectors from 2008 to 2018. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Statista. In FY 2013 this sector generated $47,996.8 million or 46.5% of the gross domestic product. Definition: This entry shows where production takes place in an economy. Agriculture includes farming, fishing, and forestry. 2 Paseo La Princesa, San Juan, PR 00902 Phone: (787) 721-2400; Email: contact@tourism.pr.gov 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. Source: CIA World Factbook - This page was last updated on Friday, November 27, 2020. Puerto Rico manufacturing output for 2017 was $50.42B, a 0.24% decline from 2016. "Puerto Rico: Distribution of gross domestic product (GDP) across economic sectors from 2008 to 2018." The San Juan-Caguas area is the largest of the island’s seven metropolitan areas, representing roughly 75 percent of the island’s economy. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: The source does not provide any information regarding percentage points not adding up to or exceeding 100 percent. Of that, tens of thousands specialize in pharma … Puerto Rico: Distribution of gross domestic product (GDP) across economic sectors from 2008 to 2018 [Graph]. Then you will be able to mark statistics as favourites and use personal statistics alerts. Today, the Bureau of Economic Analysis (BEA) released prototype annual estimates of gross domestic product (GDP) for Puerto Rico for 2012 to 2018. That sector makes up 30% of Puerto Rico’s GDP, 50% of Puerto Rico’s total manufacturing and 30% of manufacturing jobs. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Population below poverty line: NA. Learn more about how Statista can support your business. Puerto Rico foreign trade 2.4. Life expectancy at birth, total (years) This release represents another major step by the Bureau to develop comprehensive economic accounts for Puerto Rico that are consistent with international guidelines and that … GDP in Puerto Rico averaged 42.81 USD Billion from 1960 until … This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Puerto Rico from 2008 to 2018. Puerto Rico : GDP Composition Breakdown. The Economic Census's main goal is to provide periodic comprehensive data on Puerto Rico's economic activity and structure. The average value for Puerto Rico during that period was 2.16 percent with a minimum of 0.48 percent in 2007 and a maximum of 9.69 percent in 1960. Country’s Gross Domestic Product (GDP): historical trends and projection 2.2. However, re-building efforts made after Puerto Rico was hit by its biggest earthquake in a century in January 2020, should partially cushion the slowdown. Puerto Rico manufacturing output for 2018 was $47.83B, a 5.13% decline from 2017. Current investment climate 2.5. Domestic credit to private sector (% of GDP) - Puerto Rico International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates. ", World Bank, Puerto Rico: Distribution of gross domestic product (GDP) across economic sectors from 2008 to 2018 Statista, https://www.statista.com/statistics/397789/puerto-rico-gdp-distribution-across-economic-sectors/ (last visited December 03, 2020), Puerto Rico: Distribution of gross domestic product (GDP) across economic sectors from 2008 to 2018, Crude birth rate in Puerto Rico 2008-2018, Life expectancy at birth in Puerto Rico 2018, Gross domestic product (GDP) per capita in current U.S. dollars in Puerto Rico 2024, Distribution of gross domestic product (GDP) across economic sectors Puerto Rico 2018, Youth unemployment rate in Puerto Rico in 2020, Import of goods and services to Puerto Rico 2018, Global distribution of gross domestic product (GDP) across economic sectors 2018, Distribution of gross domestic product (GDP) across economic sectors Lesotho 2019, U.S. coffee production value in Hawaii and Puerto Rico 2000-2019, Price for coffee from Hawaii and Puerto Rico 2000-2019, Petroleum exports from the U.S. to U.S. Virgin Islands and Puerto Rico, Cesarean delivery percentage in Puerto Rico by ethnicity 2018, Guyana: population-weighted ozone pollution 2000-2017, Customer service robots - unit shipments in Latin America 2016-2022, Telecom Argentina: internet services revenue 2017-2019, Colombia: number of gynecologists 2011-2017, Forestry in China: afforestation area 2013, by region, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Puerto Rico gdp per capita for 2018 was $31,622, a 1.65% increase from 2017. 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. Puerto Rico manufacturing output for 2015 was $49.52B, a 3.43% … 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. The last time the UN published such standards was 2008. Closing the budget deficit while restoring economic growth and employment remain the central concerns of the government. Puerto Rico carries more debt per capita than any state in the United States. GDP > Composition by sector > Agriculture: The gross domestic product (GDP) or value of all final goods produced by the agricultural sector within a nation in a given year. Profit from additional features by authenticating your Admin account. You only have access to basic statistics. Population, total. Puerto Rico gdp per capita for 2019 was $32,874, a 3.96% increase from 2018. Poverty headcount ratio at national poverty lines (% of population) Details. facts. Manufacturing sector is the major contributor to the gross domestic product. The services sector accounts for 37 percent of GDP and employs 291,000 people. Industrial production outlook 2.3. Facts and statistics about the GDP - composition by sector of Puerto Rico. Try our corporate solution for free! This is due to the big presence of US pharmaceutical companies in Puerto Rico that produce many drugs and allied products (2/3 of the manufacturing production in Puerto Rico comes from pharma). World Bank. Household income or … The GDP value of Puerto Rico represents 0.09 percent of the world economy. Closing the budget deficit while restoring economic growth and employment remain the central concerns of the government. Factbook > Countries > Puerto Rico > Economy. Puerto Rico manufacturing output for 2016 was $50.54B, a 2.07% increase from 2015. Puerto Rico Economic Growth The economy is set to recover mildly in FY 2021 (July 2020–June 2021), as growth is not expected until the second half of the year due to lingering uncertainty over the evolution of the pandemic and its associated measures weighing on activity. This page provides - Puerto Rico GDP … Please authenticate by going to "My account" → "Administration". Puerto Rico has suffered from a severe and prolonged economic slump for more than a decade, with GDP, That was partly due to the government’s tighter fiscal stance, natural disasters and a dwindling population. Puerto Rico since the end of the Great Recession Puerto Rico's industry: had a negative growth (decline) of 0.20% since the end of the Great Recession Value & Rank The Services % of GDP of Puerto Rico is 50.5 (%) with a global rank of 147. Chart 1 shows the year-by-year decline in real consumer spending and population for Puerto Rico. Are you interested in testing our corporate solutions? In 1940, agriculture represented 33.7 percent of total net income, while manufacturing had 12.8 percent of the total. The prototype estimates showed that the Puerto Rico economy, as measured by inflation-adjusted (or “real”) GDP, expanded from 2012 to 2014, before turning down in 2015 and continuing to decrease through 2018. Climate; GDP (current US$) Details. CO2 emissions (metric tons per capita) Details. Indicator Name Value; GDP (current US$) 101,495,811,266: Gross national expenditure (current US$) 81,277,716,789: ... Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. The latest value from 2018 is 0.78 … Overview Geography People Government Economy Communications Transportation Military ... GDP - per capita: purchasing power parity - $16,800 (2003 est.) The economy is considered highly vulnerable to changes in the world economies due to the dependence on imported goods such a… 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. The Government of Puerto Rico assists with the census. Puerto Rico has changed from an agricultural economy, based primarily on sugar, tobacco, and coffee products, to a thriving modern industrial and services oriented economy. Current employment state 2.6. Puerto Rico gdp per capita for 2016 was $30,627, a 2.9% increase from 2015. This feature is limited to our corporate solutions. (billed annually). and over 1 Mio. It is calculated without making deductions for depreciation of … The Gross Domestic Product (GDP) in Puerto Rico expanded 1.50 percent in 2019 from the previous year. Closing the budget deficit while restoring economic growth and employment remain the central concerns of the government. 2.1. Puerto Rico gdp per capita for 2017 was $31,109, a 1.57% increase from 2016. Puerto Rico: Value added in the agricultural sector as percent of GDP: For that indicator, we provide data for Puerto Rico from 1960 to 2018.
Ancient Hebrew Alphabet Meaning, Folklore And Relevant Symbols In China, Stouffer's Chicken Ala King Recipe, My Portal Login, How To Cook Halibut In Oven, Aquaphor Water Filter, Sample Agreement Between Manufacturer And Distributor,