Economy - overview:
Puerto Rico has one of the most dynamic economies in the Caribbean region. A diverse industrial sector has far surpassed agriculture as the primary locus of economic activity and income. Encouraged by duty-free access to the US and by tax incentives, US firms have invested heavily in Puerto Rico since the 1950s. US minimum wage laws apply. Sugar production has lost out to dairy production and other livestock products as the main source of income in the agricultural sector. Tourism has traditionally been an important source of income with estimated arrivals of more than 3.6 million tourists in 2008.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita: GDP - composition by sector: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Budget: Inflation rate (consumer prices): Market value of publicly traded shares: Agriculture - products: Industries: Industrial production growth rate: Electricity - production: Electricity - consumption: Electricity - exports: Electricity - imports: Oil - production: Oil - consumption: Oil - exports: Oil - imports: Oil - proved reserves: Natural gas - production: Natural gas - consumption: Natural gas - exports: Natural gas - imports: Natural gas - proved reserves: Exports: Exports - commodities: Imports: Imports - commodities: Debt - external: Exchange rates:
NOTE: The information regarding Puerto Rico on this page is re-published from the 2011 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Puerto Rico Economy 2011 information contained here. All suggestions for corrections of any errors about Puerto Rico Economy 2011 should be addressed to the CIA.
$64.84 billion (2010 est.)
country comparison to the world: 83
note:
data are in 2010 US dollars
[see also: GDP (purchasing power parity) country ranks ]
$93.52 billion (2009 est.)
[see also: GDP (official exchange rate) country ranks ]
-5.8% (2010 est.)
country comparison to the world: 213
[see also: GDP - real growth rate country ranks ]
$16,300 (2010 est.)
country comparison to the world: 69
note:
data are in 2010 US dollars
[see also: GDP - per capita country ranks ]
agriculture: 1%
[see also: GDP - composition by sector - agriculture country ranks ]
industry:
45%
[see also: GDP - composition by sector - industry country ranks ]
services:
54% (2005 est.)
[see also: GDP - composition by sector - services country ranks ]
1.479 million (2007)
country comparison to the world: 133
[see also: Labor force country ranks ]
agriculture: 2.1%
[see also: Labor force - by occupation - agriculture country ranks ]
industry:
19%
[see also: Labor force - by occupation - industry country ranks ]
services:
79% (2005)
[see also: Labor force - by occupation - services country ranks ]
12% (2002)
country comparison to the world: 129
[see also: Unemployment rate country ranks ]
NA%
[see also: Population below poverty line country ranks ]
lowest 10%: NA%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%:
NA%
[see also: Household income or consumption by percentage share - highest 10% country ranks ]
revenues: $6.7 billion
[see also: Budget - revenues country ranks ]
expenditures:
$9.6 billion (FY99/00)
[see also: Budget - expenditures country ranks ]
6.5% (2003 est.)
country comparison to the world: 170
[see also: Inflation rate (consumer prices) country ranks ]
$NA
[see also: Market value of publicly traded shares country ranks ]
sugarcane, coffee, pineapples, plantains, bananas; livestock products, chickens
pharmaceuticals, electronics, apparel, food products, tourism
NA%
[see also: Industrial production growth rate country ranks ]
23.72 billion kWh (2007 est.)
country comparison to the world: 68
[see also: Electricity - production country ranks ]
22.06 billion kWh (2007 est.)
country comparison to the world: 67
[see also: Electricity - consumption country ranks ]
0 kWh (2008 est.)
[see also: Electricity - exports country ranks ]
0 kWh (2008 est.)
[see also: Electricity - imports country ranks ]
1,783 bbl/day (2009 est.)
country comparison to the world: 103
[see also: Oil - production country ranks ]
164,100 bbl/day (2009 est.)
country comparison to the world: 63
[see also: Oil - consumption country ranks ]
16,520 bbl/day (2007 est.)
country comparison to the world: 94
[see also: Oil - exports country ranks ]
225,000 bbl/day (2007 est.)
country comparison to the world: 42
[see also: Oil - imports country ranks ]
0 bbl (1 January 2010 est.)
country comparison to the world: 134
[see also: Oil - proved reserves country ranks ]
0 cu m (2008 est.)
country comparison to the world: 141
[see also: Natural gas - production country ranks ]
806.6 million cu m (2008 est.)
country comparison to the world: 90
[see also: Natural gas - consumption country ranks ]
0 cu m (2008 est.)
country comparison to the world: 140
[see also: Natural gas - exports country ranks ]
806.6 million cu m (2008 est.)
country comparison to the world: 56
[see also: Natural gas - imports country ranks ]
0 cu m (1 January 2010 est.)
country comparison to the world: 109
[see also: Natural gas - proved reserves country ranks ]
$46.9 billion (2001)
country comparison to the world: 55
[see also: Exports country ranks ]
chemicals, electronics, apparel, canned tuna, rum, beverage concentrates, medical equipment
$29.1 billion (2001)
country comparison to the world: 61
[see also: Imports country ranks ]
chemicals, machinery and equipment, clothing, food, fish, petroleum products
$NA
[see also: Debt - external country ranks ]
the US dollar is used
This page was last modified 09-Feb-11