Puerto Rico | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Puerto Rico including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Puerto Rico economy.


MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 97.40 107 109 112 113 115 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate -1.10 -1.9 -1.9 -1.9 -2 1.2 percent [+]
GDP 103.10 102 103 103 103 106 USD Billion [+]
GDP per capita 25967.57 20100 20100 20100 25983 21900 USD [+]
GDP Per Capita Ppp 33843.61 34300 34300 34300 33772 37000 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 11.50 12.4 12.5 12.5 12.6 12.2 percent [+]
Population 3.59 3.58 3.57 3.56 3.56 3.43 Million [+]
Labor Force Participation Rate 40.50 40.51 40.61 40.6 40.6 40.6 percent [+]
Manufacturing Payrolls 71.70 71.89 71.9 71.9 71.9 71.9 Thousand [+]
Non Farm Payrolls 881.40 890 885 887 886 887 Thousand [+]
Government Payrolls 221.90 224 224 224 224 224 Thousand [+]
Employed Persons 991.00 991 997 995 996 996 Thousand [+]
Employment Rate 35.90 35.83 36.04 35.99 36 36 percent [+]
Unemployed Persons 128.00 129 129 129 129 129 Thousand [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 1.90 -0.2 0.2 0.4 0.6 2.2 percent [+]
Food Inflation 0.10 0.26 0.38 0.43 0.46 0.47 percent [+]
Consumer Price Index Cpi 117.39 117 117 117 118 120 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Banks Balance Sheet 56898.60 56314 56029 55746 55495 53347 USD Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade 2830.80 2211 2209 2209 2209 2209 USD Million [+]
Exports 6482.00 6010 6008 6008 6008 6008 USD Million [+]
Imports 3651.60 3845 3850 3852 3851 3851 USD Million [+]
Current Account 6331.40 6104 6471 6837 7067 8112 USD Million [+]
Capital Flows -1207.00 -2900 -1370 159 271 1591 USD Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Revenues 1268.20 1191 1032 1173 1020 1165 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Leading Economic Index -2.50 -2.38 -2.4 -2.38 -2.39 -2.38 percent [+]
Manufacturing Pmi 46.10 51.08 50.93 50.96 50.96 50.96 [+]
Ease of Doing Business 55.00 54 57 60 59 50 [+]
Corruption Index 63.00 62 62 62 63 69 Points [+]
Corruption Rank 31.00 34 35 37 35 28 [+]
Bankruptcies 795.00 804 801 802 802 802 companies [+]
Competitiveness Index 4.64 4.63 4.62 4.62 4.62 4.58 Points [+]
Competitiveness Rank 32.00 35 37 38 39 33 [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Retail Sales MoM -2.01 0.08 0.08 0.08 0.08 0.08 percent [+]
Retail Sales YoY -1.00 -2.43 -2.4 -2.41 -2.41 -2.41 percent [+]
Gasoline Prices 0.63 0.63 0.64 0.63 0.63 0.63 USD/Liter [+]
HOUSING Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Building Permits 325.00 309 309 309 309 309 [+]
Housing Index 153.54 152 152 151 150 142 Index Points [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 39.00 39 39 39 39 39 percent [+]
Personal Income Tax Rate 33.00 33 33 33 33 33 percent [+]