[ Nominal GDP in billions of USD ]
Year -
$126.03 billions
Puerto Rico GDP expanded from 1960 to 2024, increasing from $1.69 billion to $126.03 billion.The compound annual growth rate (CAGR) averaged 6.97% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained moderate. The maximum drawdown reached 3.24%, indicating the largest cyclical decline from peak levels. The country experienced 3 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 126.03 Billions | $ 160.96 Int Billions |
| Growth (YoY) | 6.373% | 5.672% |
| Net Change vs Previous Year | $ 7.55 Billion | $ 8.64 Int Billion |
| % of World GDP | 0.11% | 0.08% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 1.69 | - | - | - | - | - |
| 1961 | 1.87 | 0.17 | 10.237 % | - | - | - |
| 1962 | 2.09 | 0.23 | 12.294 % | - | - | - |
| 1963 | 2.33 | 0.24 | 11.421 % | - | - | - |
| 1964 | 2.57 | 0.24 | 10.152 % | - | - | - |
| 1965 | 2.88 | 0.31 | 12.099 % | - | - | - |
| 1966 | 3.17 | 0.29 | 10.029 % | - | - | - |
| 1967 | 3.53 | 0.36 | 11.424 % | - | - | - |
| 1968 | 3.94 | 0.41 | 11.578 % | - | - | - |
| 1969 | 4.46 | 0.52 | 13.167 % | - | - | - |
| 1970 | 5.03 | 0.57 | 12.868 % | - | - | - |
| 1971 | 5.65 | 0.61 | 12.158 % | - | - | - |
| 1972 | 6.33 | 0.68 | 12.079 % | - | - | - |
| 1973 | 7 | 0.67 | 10.642 % | - | - | - |
| 1974 | 7.68 | 0.68 | 9.745 % | - | - | - |
| 1975 | 8.2 | 0.51 | 6.682 % | - | - | - |
| 1976 | 8.97 | 0.77 | 9.396 % | - | - | - |
| 1977 | 9.91 | 0.94 | 10.507 % | - | - | - |
| 1978 | 11.17 | 1.25 | 12.654 % | - | - | - |
| 1979 | 12.75 | 1.59 | 14.196 % | - | - | - |
| 1980 | 14.44 | 1.69 | 13.224 % | - | - | - |
| 1981 | 15.96 | 1.52 | 10.526 % | - | - | - |
| 1982 | 16.76 | 0.81 | 5.067 % | - | - | - |
| 1983 | 17.28 | 0.51 | 3.057 % | - | - | - |
| 1984 | 19.16 | 1.89 | 10.916 % | - | - | - |
| 1985 | 20.29 | 1.13 | 5.879 % | - | - | - |
| 1986 | 22.01 | 1.72 | 8.478 % | - | - | - |
| 1987 | 24.03 | 2.02 | 9.162 % | - | - | - |
| 1988 | 26.39 | 2.36 | 9.823 % | - | - | - |
| 1989 | 28.16 | 1.78 | 6.729 % | - | - | - |
| 1990 | 30.6 | 2.44 | 8.674 % | 47.43 | - | - |
| 1991 | 32.29 | 1.68 | 5.5 % | 50.16 | 2.73 | 5.764 % |
| 1992 | 34.63 | 2.34 | 7.258 % | 53.65 | 3.48 | 6.947 % |
| 1993 | 36.92 | 2.29 | 6.619 % | 57.47 | 3.82 | 7.125 % |
| 1994 | 39.69 | 2.77 | 7.497 % | 61.16 | 3.68 | 6.411 % |
| 1995 | 42.65 | 2.96 | 7.449 % | 65.28 | 4.12 | 6.741 % |
| 1996 | 45.34 | 2.69 | 6.316 % | 68.01 | 2.73 | 4.187 % |
| 1997 | 48.19 | 2.85 | 6.277 % | 72.56 | 4.55 | 6.689 % |
| 1998 | 54.09 | 5.9 | 12.243 % | 77.44 | 4.87 | 6.717 % |
| 1999 | 57.84 | 3.75 | 6.942 % | 82.76 | 5.33 | 6.881 % |
| 2000 | 61.7 | 3.86 | 6.675 % | 87.41 | 4.64 | 5.611 % |
| 2001 | 69.21 | 7.51 | 12.166 % | 95.02 | 7.61 | 8.707 % |
| 2002 | 71.62 | 2.42 | 3.49 % | 97.38 | 2.36 | 2.485 % |
| 2003 | 74.83 | 3.2 | 4.473 % | 99.36 | 1.98 | 2.029 % |
| 2004 | 80.32 | 5.49 | 7.343 % | 110.95 | 11.6 | 11.673 % |
| 2005 | 83.91 | 3.59 | 4.472 % | 112.16 | 1.21 | 1.086 % |
| 2006 | 87.28 | 3.36 | 4.006 % | 113.99 | 1.83 | 1.631 % |
| 2007 | 89.52 | 2.25 | 2.576 % | 115.71 | 1.73 | 1.515 % |
| 2008 | 93.64 | 4.12 | 4.597 % | 115.77 | 0.06 | 0.048 % |
| 2009 | 96.39 | 2.75 | 2.933 % | 114.21 | -1.56 | -1.348 % |
| 2010 | 98.38 | 2 | 2.071 % | 115.12 | 0.91 | 0.798 % |
| 2011 | 100.35 | 1.97 | 2.003 % | 117.07 | 1.95 | 1.697 % |
| 2012 | 101.57 | 1.21 | 1.209 % | 117.44 | 0.37 | 0.312 % |
| 2013 | 102.45 | 0.89 | 0.871 % | 117.22 | -0.22 | -0.186 % |
| 2014 | 102.45 | 0 | -0.004 % | 116.12 | -1.1 | -0.936 % |
| 2015 | 103.38 | 0.93 | 0.908 % | 114.27 | -1.85 | -1.597 % |
| 2016 | 104.34 | 0.96 | 0.93 % | 112.23 | -2.04 | -1.785 % |
| 2017 | 103.45 | -0.89 | -0.854 % | 108.69 | -3.54 | -3.152 % |
| 2018 | 100.96 | -2.49 | -2.405 % | 110.92 | 2.23 | 2.048 % |
| 2019 | 105.13 | 4.17 | 4.128 % | 119.62 | 8.7 | 7.842 % |
| 2020 | 103.13 | -2 | -1.898 % | 120.96 | 1.34 | 1.119 % |
| 2021 | 106.43 | 3.3 | 3.196 % | 132.33 | 11.38 | 9.408 % |
| 2022 | 113.84 | 7.42 | 6.969 % | 145.96 | 13.63 | 10.297 % |
| 2023 | 118.48 | 4.64 | 4.071 % | 152.32 | 6.36 | 4.356 % |
| 2024 | 126.03 | 7.55 | 6.373 % | 160.96 | 8.64 | 5.672 % |
Between 1960 to 2024, Puerto Rico experienced the following economic phases:
The most remarkable growth occurred in 1979 with an increase of 14.196%, while the largest decline was in 2018 at -2.405%.