Gross Domestic Product for Puerto Rico, 2020

Real gross domestic product (GDP) for Puerto Rico decreased 6.0 percent in 2020 after increasing 0.2 percent in 2019 (table 1.3), according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). The decrease in real GDP in 2020 primarily reflected a decrease in exports of goods and services (table 1.4). Personal consumption expenditures, government spending, and private fixed investment also decreased. These decreases were partly offset by an increase in private inventory investment. Imports of goods and services, which is a subtraction item in the calculation of GDP, declined.

  • Current Release: July 26, 2022
  • Next Release: Summer 2023

What is GDP for Puerto Rico?

A comprehensive measure of economic activity for Puerto Rico. GDP is the value of the goods and services produced in a territory. The data include the components of GDP: consumer spending, private fixed investment, private inventory investment, imports and exports, and government spending.

 

Contact Personnel