The gross domestic product in Puerto Rico expanded 2.1 in 2024, accelerating from a 0.6% growth in the previous year. GDP Annual Growth Rate in Puerto Rico averaged 3.15 percent from 1961 until 2024, reaching an all time high of 13.80 percent in 1971 and a record low of -4.20 percent in 2018. source: Statistical Institute of Puerto Rico

GDP Annual Growth Rate in Puerto Rico is expected to reach 1.50 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Puerto Rico GDP Annual Growth Rate is projected to trend around 2.30 percent in 2026, according to our econometric models.



Related Last Previous Unit Reference
GDP 125.84 118.38 USD Billion Dec 2024
GDP Annual Growth Rate 2.10 0.60 percent Dec 2024
GDP Constant Prices 69869.40 68424.90 USD Million Dec 2024
GDP per Capita 30914.37 29943.39 USD Dec 2024
GDP per Capita PPP 44124.54 42738.65 USD Dec 2024
Gross Fixed Capital Formation 14294.20 13379.10 USD Million Dec 2024


Puerto Rico GDP Annual Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
2.10 0.60 13.80 -4.20 1961 - 2024 percent Yearly
Constant Prices 1954, NSA