Puerto Rico | Economic Forecasts | 2013-2015 Outlook

Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Markets Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Currency 79.86 Apr-14 80.18 May-14 79.95 78.58 85 79.47 90 78.93 78.94 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
GDP Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
GDP 101.00 Dec-12 104 Jun-14 104 104 105 105 114 137 211 [+]
GDP Annual Growth Rate 0.50 Dec-12 1.15 Jun-14 0.88 0.89 0.89 0.9 0.91 2.91 2.91 [+]
GDP per capita 21143.36 Dec-12 21446 Jun-14 21457 21497 21534 21568 23219 26972 40228 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Labour Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Population 3.67 Dec-12 3.63 Jun-14 3.64 3.64 3.63 3.63 3.62 3.55 3.49 [+]
Unemployment Rate 14.70 Mar-14 14.5 Apr-14 15.6 15.9 12.4 16.1 12.2 14.4 13.9 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Prices Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Inflation Rate -0.20 Feb-14 0.45 Jun-14 0.57 0.69 0.59 0.69 0.68 3.95 3.95 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Trade Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Balance of Trade 984.00 Dec-13 1175 Jan-14 1416 1270 1627 1355 1497 1687 3660 [+]
Exports 4255.00 Dec-13 4878 Jan-14 4915 4533 4812 5064 5321 6478 11412 [+]
Imports 3271.00 Dec-13 3598 Jan-14 3498 3263 3186 3710 3824 4791 7752 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Government Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Credit Rating 15.00 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Consumer Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Retail Sales MoM 0.87 Oct-13 -0.96 Jun-14 -0.48 -0.05 0.14 -0.28 0.14 4.04 3.99 [+]
Retail Sales YoY 0.05 Dec-13 0.99 Jun-14 0.07 0.25 -0.13 0.53 0.01 3.78 3.5 [+]
Actual FORECAST QUARTERLY FORECAST LONG-TERM FORECAST
Taxes Value Date Value Date Q2 Q3 Q4 Q5 2015 2020 2030
Corporate Tax Rate 30.00 Jan-13 30 Jun-14 30 30 30 30 30 30 30 [+]
Personal Income Tax Rate 33.00 Jan-14 33 Jun-14 33 33 33 33 33 33 33 [+]

Trading Economics forecasts are driven by our own analysts’ expectations and technically projected using an autoregressive integrated moving average (ARIMA) model. First, we model the past behaviour of a time series by using vast amounts of historical data. Then, we adjust the coefficients of the econometric model by taking into account, our own analyst’s assessments and future expectations. While we work hard to make our predictions accurate, please note that past performance of our forecast model is not necessarily indicative of future results. Moreover, please take into account that because countries publish their data releases in different dates and sometimes with significant delays we may have to project past data which has already some time but was not yet released by official sources. If you have any question please email us at contact@tradingeconomics.com



RELATED NEWS

Puerto Rico Unemployment Rate at 14.70 Percent  
Unemployment Rate in Puerto Rico decreased to 14.70 percent in March of 2014 from 15 percent in February of 2014. Unemployment Rate in Puerto Rico is reported by the Government Development Bank for Puerto Rico.
Puerto Rico Balance of Trade at 984.00 USD Million  
Puerto Rico recorded a trade surplus of 984 USD Million in December of 2013. Balance of Trade in Puerto Rico is reported by the Government Development Bank for Puerto Rico.
Puerto Rico Exports at 4255.00 USD Million  
Exports in Puerto Rico decreased to 4255 USD Million in December of 2013 from 4617 USD Million in November of 2013. Exports in Puerto Rico is reported by the Government Development Bank for Puerto Rico.
Puerto Rico Imports at 3271.00 USD Million  
Imports in Puerto Rico decreased to 3271 USD Million in December of 2013 from 3355 USD Million in November of 2013. Imports in Puerto Rico is reported by the Government Development Bank for Puerto Rico.
Puerto Rico Inflation Rate at -0.20 Percent  
The inflation rate in Puerto Rico was recorded at -0.20 percent in February of 2014. Inflation Rate in Puerto Rico is reported by the Government Development Bank for Puerto Rico.
Puerto Rico Personal Income Tax Rate at 33.00 percent  
The Personal Income Tax Rate in Puerto Rico stands at 33 percent. Personal Income Tax Rate in Puerto Rico is reported by the Puerto Rican Department of Treasury.
Puerto Rico Corporate Tax Rate at 30.00 percent  
The Corporate Tax Rate in Puerto Rico stands at 30 percent. Corporate Tax Rate in Puerto Rico is reported by the Taxation and Revenue.
Puerto Rico Retail Sales MoM at 0.87 Percent  
Retail Sales in Puerto Rico increased 0.87 percent in October of 2013 over the previous month. Retail Sales MoM in Puerto Rico is reported by the Statistical Institute of Puerto Rico.
Puerto Rico Retail Sales YoY at 0.05 Percent  
Retail Sales in Puerto Rico increased 0.05 percent in December of 2013 over the same month in the previous year. Retail Sales YoY in Puerto Rico is reported by the Statistical Institute of Puerto Rico.
Puerto Rico GDP Annual Growth Rate at 0.50 Percent  
The Gross Domestic Product (GDP) in Puerto Rico expanded 0.50 percent in 2012 from the previous year. GDP Annual Growth Rate in Puerto Rico is reported by the Official Portal of the Government of Puerto Rico.
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LATEST NEWS

Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
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This page includes economic forecasts for Puerto Rico. 4/25/2014