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 Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 93.60 95.03 95.97 96.91 97.85 108 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate -1.10 -1.9 -2.4 -2.4 -2.4 -1.5 percent [+]
GDP 103.10 103 103 103 102 106 USD Billion [+]
GDP per capita 25967.57 20100 25637 25543 25450 21900 USD [+]
GDP Per Capita Ppp 33843.61 34300 33399 33279 33160 37000 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 11.70 12.5 12.7 12.8 12.8 13.3 percent [+]
Population 3.47 3.5 3.5 3.5 3.32 3.12 Million [+]
Labor Force Participation Rate 39.90 39.96 40.05 40.14 40.23 40.93 percent [+]
Manufacturing Payrolls 71.00 71.17 71.23 71.29 71.35 71.9 Thousand [+]
Non Farm Payrolls 871.30 877 877 878 879 884 Thousand [+]
Government Payrolls 216.90 222 224 227 229 244 Thousand [+]
Employed Persons 969.00 974 976 977 979 991 Thousand [+]
Employment Rate 35.20 35.48 35.59 35.7 35.8 36.59 percent [+]
Unemployed Persons 128.00 132 134 136 138 140 Thousand [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 1.70 1.9 2.2 2.2 2.3 2.6 percent [+]
Food Inflation 1.20 2.3 2.5 2.7 2.8 2.7 percent [+]
Consumer Price Index Cpi 117.90 118 120 120 121 124 Index Points [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Banks Balance Sheet 59786.50 60893 61694 62193 62695 66008 USD Million [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 2002.00 600 650 770 900 1100 USD Million [+]
Exports 5306.20 4700 5100 5250 5380 5700 USD Million [+]
Imports 3304.20 4200 4400 3900 4300 4000 USD Million [+]
Current Account 8638.50 9608 9484 9361 9237 7650 USD Million [+]
Capital Flows 176.40 1225 1692 2159 2626 2570 USD Million [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Revenues 687.40 742 742 743 744 744 USD Million [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Leading Economic Index -2.10 -2.8 -2.6 -2.5 -2.4 -2.9 percent [+]
Manufacturing Pmi 43.60 37 38 40 42 44 [+]
Ease of Doing Business 55.00 60 59 59 59 50 [+]
Corruption Index 63.00 65 63 61 59 64 Points [+]
Corruption Rank 31.00 38 37 36 35 35 [+]
Bankruptcies 664.00 862 889 906 914 926 companies [+]
Competitiveness Index 4.64 4.62 4.62 4.61 4.61 4.58 Points [+]
Competitiveness Rank 32.00 33 33 33 34 35 [+]
CONSUMER Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Retail Sales MoM -2.01 0.07 0.07 0.07 0.07 0.07 percent [+]
Retail Sales YoY 3.90 0.97 0.89 0.86 0.84 0.82 percent [+]
Gasoline Prices 0.67 0.63 0.63 0.63 0.63 0.61 USD/Liter [+]
HOUSING Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Building Permits 325.00 386 394 401 407 451 [+]
Housing Index 151.04 148 149 148 148 147 Index Points [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Corporate Tax Rate 39.00 41.84 41.25 40.66 40.07 36.3 percent [+]
Personal Income Tax Rate 33.00 33 33 33 33 33 percent [+]