Puerto Rico GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Puerto Rico expanded 0.30 percent in 2013 from the previous year. GDP Annual Growth Rate in Puerto Rico averaged 3.92 Percent from 1961 until 2013, reaching an all time high of 13.80 Percent in 1971 and a record low of -3.80 Percent in 2009. GDP Annual Growth Rate in Puerto Rico is reported by the Statistical Institute of Puerto Rico.
||1961 - 2013
Puerto Rico is an unincorporated territory of the United States. Once one of the poorest islands in the Caribbean, now it has the highest GDP per capita in the region. Puerto Ricans are considered citizens of the United States and the territory receives funds from the federal government. The most important sector of the economy is export-driven pharmaceutical industry, followed by tourism. However, the private sector lacks the dynamism. As a result, the government is in poor fiscal condition, unemployment rate is high and the labour force participation rate extremely low. This page provides - Puerto Rico GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.