Puerto Rico - Economic Forecasts - 2018-2020 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 94.19
92.94 93.86 94.78 95.7 95.7
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate -2.40
percent
-1.8 -1.8 -1.8 -0.6 -1.5
GDP 103.10
USD Billion
102 103 105 105 106
GDP per capita 25967.57
USD
25689 20700 20700 21400 21900
GDP Per Capita Ppp 33843.61
USD
33480 33645 35000 36000 37000
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 9.80
percent
12.8 12.8 12.7 11.6 13.3
Population 3.73
Million
3.5 3.47 3.45 3.53 3.79
Labor Force Participation Rate 40.00
percent
39.78 39.49 39.53 39.65 39.67
Manufacturing Payrolls 70.50
Thousand
71 71.01 71.01 71.01 71.01
Non Farm Payrolls 845.10
Thousand
886 876 863 862 864
Government Payrolls 209.60
Thousand
216 215 215 215 215
Employed Persons 979.00
Thousand
982 966 973 973 972
Employment Rate 36.00
percent
36.09 34.86 35.75 35.12 35.37
Unemployed Persons 109.00
Thousand
136 138 134 117 140
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 1.60
percent
2.2 2.3 2.3 2.6 2.6
Food Inflation 1.40
percent
2.7 2.8 2.6 2.5 2.7
Consumer Price Index Cpi 119.10
Index Points
121 122 121 122 127
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Banks Balance Sheet 60366.60
USD Million
60077 60077 60077 60077 60077
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 300.10
USD Million
1350 1080 1450 850 1700
Exports 4367.60
USD Million
5250 5380 5300 4561 5700
Imports 4067.50
USD Million
3900 4300 3850 3711 4000
Current Account 8638.50
USD Million
9504 10094 10684 10665 11844
Capital Flows 176.40
USD Million
822 1271 1721 2316 3144
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Revenues 735.60
USD Million
740 740 741 741 741
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 12366.58
KBps
12834 12792 13786 14352 16524
IP Addresses 444657.00
IP
436507 432645 432755 434638 432779
Leading Economic Index -14.00
percent
-2.5 -2.4 -2.5 -7.66 -2.9
Manufacturing Pmi 50.70
40 42 39 48.1 44
Ease of Doing Business 64.00
64 64 64 64 64
Corruption Index 63.00
Points
64 65 65 63 61
Corruption Rank 31.00
34 35 37 35 29
Bankruptcies 547.00
Companies
561 545 610 583 583
Competitiveness Index 4.64
Points
4.63 4.62 4.62 4.62 4.58
Competitiveness Rank 32.00
35 37 38 39 31
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Retail Sales MoM -2.01
percent
0.08 0.08 0.08 0.08 0.08
Retail Sales YoY 3.90
percent
0.85 0.83 0.81 0.8 0.8
Gasoline Prices 0.77
USD/Liter
0.69 0.65 0.61 0.58 0.4
HOUSING Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Housing Index 160.63
Index Points
154 154 154 154 154
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Personal Income Tax Rate 33.00
percent
33 33 33 33 33
Corporate Tax Rate 39.00
percent
39 39 39 39 39
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 94.71
mm
196 223 186 98.16 180
Temperature 25.12
celsius
25.69 27.07 25.56 23.77 26.08