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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 ...
Cuba is not included in the list due to lack of economic data. Of the countries listed, some are not independent: Aruba is a constituent country of the Kingdom of the Netherlands, and Puerto Rico is a United States territory with special status and thus is measured separately from the U.S. by the World Economic Outlook.
The repeal of the Section 936 corporate tax exemptions, along with the Great Recession, caused a sharp economic downturn in Puerto Rico. [22] Between 2007 and 2017, Puerto Rico's gross national income declined by 14 percent. In 2015, 46 percent of the population in Puerto Rico lived below the federal poverty line, compared to the U.S. national ...
The economic losses business owners and consumers in Puerto Rico have been enduring during recurrent power outages have been hard to measure, prompting Rep. Nydia Velázquez to ask the Dept. of ...
The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U.N. member states and 7 areas of Aruba, Hong Kong, Kosovo, Macau, Palestine, Puerto Rico, and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database ...
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.
SAN JUAN (Reuters) -Puerto Ricans were without electricity on New Year's Eve after a grid failure left nearly all of the island without power. Around 87% of clients were without power at 1 p.m. on ...
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 Edition. [1] The figures are given or expressed in Millions of International Dollars at current prices.