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puerto rico economy 2020

[see also: Exports country ranks ] $52.98 billion )country comparison to the world (CIA rank, may be based on non-current data): Exports - commodities: chemicals, electronics, apparel, canned tuna, rum, beverage concentrates, medical equipment [see also: Public debt country ranks ] Market value of publicly traded shares: )country comparison to the world (CIA rank, may be based on non-current data): highest 10%: -0.3% (2017 est.) (2017 est.) 95 [see also: Debt - external country ranks ] the US dollar is used, Public debt: (2017 est.) [see also: Labor force - by occupation - agriculture country ranks ] and Consumer Credit Risk Solutions from the US dollar is used. (2017 est.) 10.8% [see also: Taxes and other revenues country ranks ] (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): [see also: Imports country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): services: 79% [see also: Population below poverty line country ranks ], Household income or consumption by percentage share: [see also: Current account balance country ranks ] [see also: Current account balance country ranks ] Exchange rates: )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): [see also: Labor force country ranks ] [see also: Budget - expenditures country ranks ] [see also: Unemployment rate country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): $0 Population below poverty line: NA (2016 est. )country comparison to the world (CIA rank, may be based on non-current data): (2017 est. (2017 est.) Imports: (2016 est. $73.2 billion [see also: Population below poverty line country ranks ] (2017 est.) 51.6% of GDP [see also: Budget surplus (+) or deficit (-) country ranks ] Public debt: services: 79% Debt - external: Exports: No claims are made regarding the accuracy of Puerto Rico Economy 2020 information contained here. $0 (2017 est.) imports of goods and services: -129.8% 151 [see also: Inflation rate (consumer prices) country ranks ] 51.6% of GDP revenues: 9.268 billion Market value of publicly traded shares: )country comparison to the world (CIA rank, may be based on non-current data): Commercial bank prime lending rate: Debt - external: highest 10%: Under Spanish colonial rule the island was largely neglected because of its limited mineral resources. $48.86 billion (2017 est.) Exchange rates: [see also: GDP - real growth rate country ranks ] $73.17 billion [see also: Commercial bank prime lending rate country ranks ] $52.98 billion (2017 est.) [see also: Labor force - by occupation - industry country ranks ] [see also: GDP - composition, by end use - investment in fixed capital country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): [see also: Exports country ranks ] agriculture: 0.8% )country comparison to the world (CIA rank, may be based on non-current data): [see also: Labor force - by occupation - agriculture country ranks ] 4% $56.82 billion (2017 est. Taxes and other revenues: 8.9% (of GDP) ), unincorporated, organized territory of the US with commonwealth status; policy relations between Puerto Rico and the US conducted under the jurisdiction of the Office of the President, presidential democracy; a self-governing commonwealth in political association with the US, none (territory of the US with commonwealth status); there are no first-order administrative divisions as defined by the US Government, but there are 78 municipalities (municipios, singular - municipio) at the second order; Adjuntas, Aguada, Aguadilla, Aguas Buenas, Aibonito, Anasco, Arecibo, Arroyo, Barceloneta, Barranquitas, Bayamon, Cabo Rojo, Caguas, Camuy, Canovanas, Carolina, Catano, Cayey, Ceiba, Ciales, Cidra, Coamo, Comerio, Corozal, Culebra, Dorado, Fajardo, Florida, Guanica, Guayama, Guayanilla, Guaynabo, Gurabo, Hatillo, Hormigueros, Humacao, Isabela, Jayuya, Juana Diaz, Juncos, Lajas, Lares, Las Marias, Las Piedras, Loiza, Luquillo, Manati, Maricao, Maunabo, Mayaguez, Moca, Morovis, Naguabo, Naranjito, Orocovis, Patillas, Penuelas, Ponce, Quebradillas, Rincon, Rio Grande, Sabana Grande, Salinas, San German, San Juan, San Lorenzo, San Sebastian, Santa Isabel, Toa Alta, Toa Baja, Trujillo Alto, Utuado, Vega Alta, Vega Baja, Vieques, Villalba, Yabucoa, Yauco, none (territory of the US with commonwealth status), US Independence Day, 4 July (1776); Puerto Rico Constitution Day, 25 July (1952), previous 1900 (Organic Act, or Foraker Act); latest ratified 3 March 1952, approved 3 July 1952, effective 25 July 1952 (2016), civil law system based on the Spanish civil code and within the framework of the US federal system, 18 years of age; universal; note - island residents are US citizens but do not vote in US presidential elections, National Democratic Party [Charlie RODRIGUEZ], National Republican Party of Puerto Rico [Jenniffer GONZALEZ], New Progressive Party or PNP [Ricardo ROSSELLO] (pro-US statehood), Popular Democratic Party or PPD [Alejandro GARCIA Padillo] (pro-commonwealth), Puerto Rican Independence Party or PIP [Ruben BERRIOS Martinez] (pro-independence), Boricua Popular Army or EPB (a revolutionary group also known as Los Macheteros), AOSIS (observer), Caricom (observer), Interpol (subbureau), IOC, UNWTO (associate), UPU, WFTU (NGOs), five equal horizontal bands of red (top, center, and bottom) alternating with white; a blue isosceles triangle based on the hoist side bears a large, white, five-pointed star in the center; the white star symbolizes Puerto Rico; the three sides of the triangle signify the executive, legislative and judicial parts of the government; blue stands for the sky and the coastal waters; red symbolizes the blood shed by warriors, while white represents liberty, victory, and peace, Puerto Rican spindalis (bird), coqui (frog); national colors: red, white, blue. NA )country comparison to the world (CIA rank, may be based on non-current data): Current account balance: [see also: Population below poverty line country ranks ] (2017 est.) [see also: Budget - revenues country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): Imports: 151 (2016 est. (31 December 2010 est.) (31 December 2010 est.) (2017 est.) 66 $56.82 billion 95 Puerto Rico gnp for 2018 was $67.15B, a 0.98% increase from 2017. [see also: GDP - composition, by end use - government consumption country ranks ] [see also: Labor force - by occupation - services country ranks ] $73.17 billion The shape of the population pyramid gradually evolves over time based on fertility, mortality, and international migration trends. [see also: Commercial bank prime lending rate country ranks ] $0 Industries: pharmaceuticals, electronics, apparel, food products, tourism $38,800 expenditures: 9.974 billion $56.82 billion 68 expenditures: 9.974 billion )country comparison to the world (CIA rank, may be based on non-current data): $73.2 billion 207, country comparison to the world (CIA rank, may be based on non-current data): industry: 19% The CEO of Discover Puerto Rico, Brad Dean, noted that tourism makes up 10% of Puerto Rico's GDP. the US dollar is used, GDP - composition, by end use: [see also: Household income or consumption by percentage share - highest 10% country ranks ] Budget: Moody’s Analytics. 66 95 (2015 est.) 68 99% of the population is Latino (2010 est. (2017 est.) (2016 est.) *Note: Included for comparison. NA (2017 est.) PIB corriente y la deuda pública. Imports - commodities: chemicals, machinery and equipment, clothing, food, fish, petroleum products 54 the US dollar is used, Population below poverty line: NA Exports: )country comparison to the world (CIA rank, may be based on non-current data): services: 79% (2017 est.) (2017 est.) (2017 est.) 146 5% Inflation rate (consumer prices): [see also: Taxes and other revenues country ranks ] In plebiscites held in 1967, 1993, and 1998, voters chose not to alter the existing political status with the US, but the results of a 2012 vote left open the possibility of American statehood. 61 )country comparison to the world (CIA rank, may be based on non-current data): [see also: Imports country ranks ] [see also: Debt - external country ranks ] 5% Agriculture - products: sugarcane, coffee, pineapples, plantains, bananas; livestock products, chickens (2017 est. Market value of publicly traded shares: [see also: Labor force - by occupation - industry country ranks ] Public debt: (31 December 2010 est.) $38,800 41 )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): the US dollar is used, GDP (official exchange rate): $104.2 billion Inflation rate (consumer prices): 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. Labor force - by occupation: (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): ), 19.48% (male 281,413/female 371,670) (2017 est.). )country comparison to the world (CIA rank, may be based on non-current data): NOTE: 1) The information regarding Puerto Rico on this page is re-published from the 2020 World Fact Book of the United States Central Intelligence Agency and other sources. [see also: Debt - external country ranks ] [see also: Taxes and other revenues country ranks ] [see also: Industrial production growth rate country ranks ] (31 December 2016 est. [see also: GDP - composition, by end use - investment in inventories country ranks ] $0 imports of goods and services: -129.8% $0 That was partly due to the government’s tighter fiscal stance, natural disasters and a dwindling population. Recientes datos económicos de Puerto Rico (estimado para 2020). exports of goods and services: 117.8% $49.01 billion Exports - commodities: chemicals, electronics, apparel, canned tuna, rum, beverage concentrates, medical equipment Budget: Public debt: Exchange rates: (31 December 2016 est. (2016 est. [see also: Inflation rate (consumer prices) country ranks ] [see also: Budget - expenditures country ranks ] GDP - composition, by end use: [see also: Debt - external country ranks ] Fiscal year: 1 July - 30 June revenues: 9.268 billion )country comparison to the world (CIA rank, may be based on non-current data): ), active local transmission of Zika virus by Aedes species mosquitoes has been identified in this country (as of August 2016); it poses an important risk (a large number of cases possible) among US citizens if bitten by an infective mosquito; other less common ways to get Zika are through sex, via blood transfusion, or during pregnancy, in which the pregnant woman passes Zika virus to her fetus (2016), Christopher COLUMBUS named the island San Juan Bautista (Saint John the Baptist) and the capital city and main port Cuidad de Puerto Rico (Rich Port City); over time, however, the names were shortened and transposed and the island came to be called Puerto Rico and its capital San Juan, UTC-4 (1 hour ahead of Washington, DC, during Standard Time), President Donald J. TRUMP (since 20 January 2017); Vice President Michael R. PENCE (since 20 January 2017), Governor Ricardo ROSSELLO (since 2 January 2017), Cabinet appointed by governor with the consent of the Legislative Assembly, president and vice president indirectly elected on the same ballot by an Electoral College of 'electors' chosen from each state; president and vice president serve a 4-year term (eligible for a second term); under the US Constitution, residents of Puerto Rico do not vote in elections for US president and vice president; however, they may vote in Democratic and Republican party presidential primary elections; governor directly elected by simple majority popular vote for a 4-year term (no term limits); election last held on 8 November 2016 (next to be held in November 2020), Ricardo ROSSELLO elected governor; percent of vote - Ricardo ROSSELLO (PNP) 41.8%, David BERNIER (PPD) 38.9%, Alexandra LUGARO (independent) 11.1%, Manuel CIDRE (independent) 5.7%, bicameral Legislative Assembly or Asamblea Legislativa consists of the Senate or Senado (27 seats; 16 members directly elected in multi-seat constituencies by simple majority vote and 11 at-large members directly elected by simple majority vote to serve 4-year terms); the House of Representatives or Camara de Representantes (51 seats; members directly elected in single-seat constituencies by simple majority vote to serve 4-year terms), Senate - last held on 8 November 2016 (next to be held on 3 November 2020); House of Representatives - last held on 8 November 2016 (next to be held on 3 November 2020), Senate - percent of vote by party - NA; seats by party - PNP 21, PPD 7, PIP 1, Independent 1; House of Representatives - percent of vote by party - NA; seats by party - PNP 34, PPD 16, PIP 1, Puerto Rico directly elects 1 member by simple majority vote to serve a 4-year term as a commissioner to the US House of Representatives; the commissioner can vote when serving on a committee and when the House meets as the Committee of the Whole House but not when legislation is submitted for a “full floor” House vote; election of commissioner last held on 8 November 2016 (next to be held on 6 November 2018), Supreme Court (consists of the chief justice and 8 associate justices), justices appointed by the governor and confirmed by majority Senate vote; judges serve until compulsory retirement at age 70, Court of Appeals; First Instance Court comprised of superior and municipal courts, design initially influenced by the US flag, but similar to the Cuban flag, with the colors of the bands and triangle reversed, Manuel Fernandez JUNCOS/Felix Astol ARTES, music adopted 1952, lyrics adopted 1977; the local anthem's name is a reference to the indigenous name of the island, Borinquen; the music was originally composed as a dance in 1867 and gained popularity in the early 20th century; there is some evidence that the music was written by Francisco RAMIREZ; as a commonwealth of the US, "The Star-Spangled Banner" is official (see United States), modern system integrated with that of the US by high-capacity submarine cable and Intelsat with high-speed data capability, digital telephone system; mobile-cellular services, country code - 1-787, 939; submarine cables provide connectivity to the US, Caribbean, Central and South America; satellite earth station - 1 Intelsat (2016), 26,862 km (includes 454 km of expressways) (2012), Ensenada Honda, Mayaguez, Playa de Guayanilla, Playa de Ponce, San Juan, Non-residential - Commercial & Retail - Vacancy, Nominal Fixed Investment (gross fixed capital formation), Real Fixed Investment (gross fixed capital formation).

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