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 Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 97.27
96.06 96.48 96.91 97.33 99.06
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate -2.40
percent
-7 -5 -5 -5 4
GDP 105.03
USD Billion
105 107 107 107 107
GDP per capita 27308.99
USD
28000 28500 28500 28500 29200
GDP Per Capita Ppp 35044.70
USD
34000 34500 34500 34500 36000
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 8.60
percent
9.7 10 10 9 11.4
Population 3.73
Million
3.45 3.53 3.62 3.7 3.79
Labor Force Participation Rate 40.50
percent
40.6 40.7 40.8 40.52 41
Manufacturing Payrolls 70.70
Thousand
69 69.2 69.4 70.46 70.5
Non Farm Payrolls 850.60
Thousand
848 848 848 848 848
Government Payrolls 208.00
Thousand
209 209 209 209 215
Employed Persons 995.00
Thousand
999 997 995 995 1000
Employment Rate 37.00
percent
37 37.2 37.4 36.94 37.4
Unemployed Persons 93.00
Thousand
108 110 110 98.05 112
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 0.80
percent
2.3 2.6 2.5 0.8 2.6
Food Inflation 0.50
percent
0.9 1.3 1.4 0.36 1.6
Consumer Price Index Cpi 119.87
Index Points
121 122 122 121 127
MONEY Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Banks Balance Sheet 65909.40
USD Million
65000 62000 65500 68655 75000
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade 880.20
USD Million
-1200 700 700 710 150
Exports 4848.40
USD Million
3200 5300 5400 4600 4500
Imports 3968.20
USD Million
4400 4600 4700 3890 4350
Current Account 10526.60
USD Million
9700 9900 9900 10554 10000
Capital Flows -5142.70
USD Million
-6000 -5700 -5700 -1509 -4900
Tourist Arrivals 127.30
Thousand
140 145 150 100 165
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Revenues 796.10
USD Million
850 800 700 1097 825
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Internet Speed 12366.58
KBps
13786 14352 14064 14141 16524
IP Addresses 444657.00
IP
432755 434638 435067 433683 432779
Leading Economic Index 5.20
percent
-0.1 1.3 1.4 1.4 2.1
Manufacturing Pmi 57.80
39 57.18 57.45 57.43 44
Ease of Doing Business 64.00
68 65 63 62 72
Corruption Index 63.00
Points
63 63 63 63 63
Corruption Rank 31.00
31 31 31 31 31
Bankruptcies 279.00
Companies
281 282 282 282 282
Competitiveness Index 4.64
Points
5.14 5.14 5.14 5.14 7.64
Competitiveness Rank 32.00
32 32 32 32 32
CONSUMER Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Retail Sales MoM 1.40
percent
0.08 0.08 0.08 0.08 0.08
Retail Sales YoY 12.00
percent
12.2 12.2 12.19 12.19 12.19
Gasoline Prices 0.73
USD/Liter
0.72 0.7 0.69 0.68 0.63
HOUSING Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Housing Index 149.83
Index Points
157 154 157 156 155
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 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 Q4/18 Q1/19 Q2/19 Q3/19 2020
Precipitation 94.71
mm
186 98.16 191 191 180
Temperature 25.12
celsius
25.56 23.77 26.56 26.52 26.08



Puerto Rico - Economic Forecasts - 2018-2020 Outlook