Puerto Rico Economy 2020, Puerto Rico Economy Gdp Inflation Cpi And Interest Rate

In its analysis the firm predicts that the effects of the coronavirus on puerto ricos economy will be evident through december 2020.

El yunque puerto rico fotos. The economy likely shrank at the end of fy 2020 july 2019june 2020. All suggestions for corrections of any errors about puerto rico economy 2020 should be addressed to the cia or the source cited on each page. For the latest forecasts on the economic impacts caused by the coronavirus pandemic please consult the oecd economic outlook interim report coronavirus.

2 the rank that you see is the cia reported rank which may have the following issues. Puerto ricos economy had been inching toward recovery after a devastating 2017 storm and the bankruptcy of the islands government the same year. Puerto rico on may 21 2020 carlos giusti ap.

Published july 8 2020 updated aug. 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. Economic activity dropped over 9 on average in apriljune due to the fallout from the pandemic and regular earthquakes.

Available data suggests activity remained frail at the outset of fy 2021. Puerto rico is set to file by may 1 a status report to the court on the effects of the virus on the economy. But estudios tecnicos said growth will pick up in 2022 and 2023 led by an increase in investment in construction as the greater disbursements of federal cdbg dr recovery funds occur and an improvement in.

Puerto rico economic growth for 2018 was 10098b a 238 decline from 2017. Island officials will also be reviewing the debt adjustment plan. 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.

Puerto rico economic growth for 2016 was 10434b a 093 increase from 2015. No claims are made regarding the accuracy of puerto rico economy 2020 information contained here. The main drivers of puerto ricos economy are manufacturing primarily pharmaceuticals textiles petrochemicals and electronics.

Puerto rico economic growth for 2017 was 10345b a 085 decline from 2016. The world economy at risk march 2020 and the imfs policy tracking platform policy responses to covid 19 for the key economic responses from governments. Puerto ricos gdp decreased by 2 in 2019.

Puerto rico economic outlook.