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The economy of Puerto Rico is classified as a high-income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. [14] [15] The main drivers of Puerto Rico's economy are manufacturing, which primarily includes pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, notably finance, insurance, real estate ...
Academically, most of Puerto Rico's economic woes stem from federal regulations that expired, have been repealed, or no longer apply to Puerto Rico; its inability to become self-sufficient and self-sustainable throughout history; [q] its highly politicized public policy which tends to change whenever a political party gains power; [r] as well ...
Cuba is not included in the list due to lack of economic data. Puerto Rico is not listed since it is a U.S. territory, and neither is the Falkland Islands since it is a British Overseas Territory. Several others are in this category including Dutch, British, French, and American territories.
Real GDP growth rate by U.S. state in 2021 according to the U.S. Bureau of Economic Analysis This is a list of U.S. states and territories by gross domestic product (GDP). This article presents the 50 U.S. states and the District of Columbia and their nominal GDP at current prices.
In 2012, there were 13,159 farms in Puerto Rico. [9] While not a state, Puerto Rico is a member of the Southern United States Trade Association, a non-profit organization that assists the agriculture industry in developing its exports. [10] In early 2020, farm owners in Ponce reported on the continuing challenge of finding laborers. [11]
Pages in category "Economy of Puerto Rico" The following 16 pages are in this category, out of 16 total. ... List of Puerto Rico locations by per capita income;
A massive power outage blanketed most of Puerto Rico early Tuesday, leaving more than 1.2 million people without electricity. Here's what to know about the blackout and Luma Energy, which handles ...
This is a list of Puerto Rico locations by per capita income. In 2017, Puerto Rico had a per capita income of $12,081 — lower than any state and one of the lowest in the United States. [ 1 ] In 2017, Puerto Rico had a median household income of $19,775 — the lowest of any state or territory in the United States.