World Factbook
Puerto Rico
Commonwealth of Puerto Rico
Last updated: 2026-03-28 (today)
Budget
revenues
$9.268 billion (2017 est.)
expenditures
$9.974 billion (2017 est.)
Exports
note
note: GDP expenditure basis - exports of goods and services in current dollars
Exports 2022
$59.712 billion (2022 est.)
Exports 2023
$63.563 billion (2023 est.)
Exports 2024
$65.368 billion (2024 est.)
Imports
note
note: GDP expenditure basis - imports of goods and services in current dollars
Imports 2022
$52.15 billion (2022 est.)
Imports 2023
$56.889 billion (2023 est.)
Imports 2024
$53.898 billion (2024 est.)
Industries
pharmaceuticals, electronics, apparel, food products, tourism
Labor force
1.152 million (2024 est.)
note: number of people ages 15 or older who are employed or seeking work
Public debt
Public debt 2016
50.1% of GDP (2016 est.)
Exchange rates
the US dollar is used
Economic overview
US Caribbean island territorial economy; hit hard by COVID-19 and hurricanes; declining labor force and job growth after a decade of continuous recession; capital-based industry and tourism; high poverty; energy import-dependent
Unemployment rate
note
note: % of labor force seeking employment
Unemployment rate 2022
6% (2022 est.)
Unemployment rate 2023
5.8% (2023 est.)
Unemployment rate 2024
5.5% (2024 est.)
Exports - partners
Italy 15%, Netherlands 15%, Belgium 9%, Japan 8%, Germany 8%, Austria 8%, Spain 7%, China 5% (2019)
Imports - partners
Ireland 38%, Singapore 9%, Switzerland 8%, South Korea 5% (2019)
Real GDP per capita
note
note: data in 2021 dollars
Real GDP per capita 2022
$42,300 (2022 est.)
Real GDP per capita 2023
$42,700 (2023 est.)
Real GDP per capita 2024
$44,100 (2024 est.)
Real GDP growth rate
note
note: annual GDP % growth based on constant local currency
Real GDP growth rate 2022
3% (2022 est.)
Real GDP growth rate 2023
0.5% (2023 est.)
Real GDP growth rate 2024
3.2% (2024 est.)
Agricultural products
milk, plantains, bananas, tomatoes, chicken, oranges, mangoes/guavas, pineapples, eggs, pumpkins/squash (2023)
note: top ten agricultural products based on tonnage
Exports - commodities
packaged medicines, medical cultures/vaccines, hormones, orthopedic and medical appliances, sulfur compounds (2019)
top five export commodities based on value in dollars
Imports - commodities
nitrogen compounds, sulfur compounds, refined petroleum, medical cultures/vaccines, cars (2019)
GDP (official exchange rate)
$125.842 billion (2024 est.)
note: data in current dollars at official exchange rate
GDP - composition, by end use
note
note: figures may not total 100% due to rounding or gaps in data collection
household consumption
76% (2024 est.)
government consumption
8.2% (2024 est.)
investment in inventories
0.2% (2024 est.)
investment in fixed capital
14.6% (2024 est.)
exports of goods and services
51.9% (2024 est.)
imports of goods and services
-42.8% (2024 est.)
Inflation rate (consumer prices)
note
note: annual % change based on consumer prices
Inflation rate (consumer prices) 2020
-0.5% (2020 est.)
Inflation rate (consumer prices) 2021
2.4% (2021 est.)
Inflation rate (consumer prices) 2022
4.3% (2022 est.)
Real GDP (purchasing power parity)
note
note: data in 2021 dollars
Real GDP (purchasing power parity) 2022
$136.247 billion (2022 est.)
Real GDP (purchasing power parity) 2023
$136.926 billion (2023 est.)
Real GDP (purchasing power parity) 2024
$141.344 billion (2024 est.)
Youth unemployment rate (ages 15-24)
male
14% (2024 est.)
note
note: % of labor force ages 15-24 seeking employment
total
12.5% (2024 est.)
female
9.8% (2024 est.)
GDP - composition, by sector of origin
note
note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
industry
48% (2024 est.)
services
51.5% (2024 est.)
agriculture
0.7% (2024 est.)