8 questions & answers about puerto rico updated: sep 26, 2016 how does puerto rico compare to the 50 states and dc on key demographic and economic indicators puerto rico's economy:. Puerto rico pushes for statehood, calling it a civil rights issue oversight of a board based in the mainland united states temporary economic measures to. Puerto rico is a territory of the united states this is a distinction that, for years, has carried many of the advantages of being part of the united s tate s and few of the downsides. No, puerto rico is not a us state it is an organized territory ofthe united states, and is style in english as the commonwealth ofpuerto rico its government is supjec to the congress of the.
Comparison of socio-economic indicators between puerto rico and the united states mainland: analysis of the census 2000 working paper no10 waltham, ma: center for international development, heller school for social policy and management, brandeis university. United states is about 713 times bigger than puerto rico puerto rico is approximately 13,791 sq km, while united states is approximately 9,833,517 sq km meanwhile, the population of puerto rico is ~4 million people (320 million more people live in united states. Every so often, puerto rico hits the front pages of newspapers in the mainland united states, usually because of some kind of perceived crisis (or, in the case of recent hurricanes, environmental and humanitarian crises) and in these fleeting moments of attention, the question always comes up: what.
This is a list of us states sorted by their gross domestic product (gdp) per capita the united states bureau of economic analysis (bea) defines gdp by state as the sum of value added from all industries in the state. Compare mexico vs united states economy gdp country valued at prices prevailing in the united states this is the measure most economists prefer when looking. Living in another country and living in the united states my country puerto rico is totally different from the united states economy population puerto rico's. The pharmaceutical industry plays a major—and growing—role in the united states economy, united states (including puerto rico), inclusive of.
Real gross domestic product (gdp) increased in 41 states and the district of columbia in the second quarter of 2016, according to statistics on the geographic breakout of gdp released today by the us bureau of economic analysis. In 1952, puerto ricans adopted a new constitution, which established the current relationship of puerto rico as a commonwealth of the united states under that arrangement, puerto rico shares many. Quickfacts provides statistics for all states and economic census - puerto rico data are not zvalue greater than zero but less than half unit of measure. Consumer prices including rent in united states are 3148% higher than in puerto rico: rent prices in united states are 123 switch to metric measurement.
To put this in perspective, the money puerto rico owes represents nearly 70% of the territory's gross domestic product (gdp) for comparison, the average debt-to-gdp ratio for states in the united. Puerto rico is a territory of the united states, and not a country it is also not a commonwealth commonwealth is a word in the territorial government's official name, just as it is in the official names of four states and another territory. Real united states per-capita gdp is 627% higher today than 5 years prior in 2011 in that time the population in united states grew by 11,464,155 (368%) people. How puerto rico's debt levels compare with those of us states puerto rico's debt per capita of $15,637 is more than 10 times higher than the average debt per capita of the 50 states. Political structure puerto rico is a commonwealth of the united states and puerto ricans are united states citizens as a commonwealth, puerto rico has its own constitution unincorporated territories of the united states fall under the united states constitution and political framework.
Economic data by state from the the us census burea we measure the housing and construction industry, track homeownership rates, and produce statistics on the. United states and puerto rico living comparison explore similarities and differences populated for centuries by aboriginal peoples, the island was claimed by the spanish crown in 1493 following christopher columbus' second voyage to the americas. In size how would puerto rico compare to other states no longer be exempt paying from federal income tax on money earned in puerto rico to be clear, puerto ricans of the united states. San juan, puerto rico -- this november puerto ricans could vote to ask the united states to make the territory a state if they do the us congress will have much to consider about the island's economic situation and how it could affect the rest of the country puerto rico's economy has experienced.
The gdp per capita in puerto rico is $16,300 while in the united states it is $52,800 this entry shows gdp on a purchasing power parity basis divided by population as of 1 july for the same year a nation's gdp at purchasing power parity (ppp) exchange rates is the sum value of all goods and services produced in the country valued at prices. United states unemployment rate was reported at 390 percent in aug 2018 inflation rate in puerto rico went up to 170 percent in jul 2018 from 100 percent in jun 2018 united states gdp growth rate rose to 420 percent in q2 2018 from 220 percent in q1 2018. Puerto rico from the world bank: data data gdp (current us$) details population, total map and compare more than 1,000 time series indicators from the. An overview of the special tax rules related to puerto rico and an analysis of the tax and economic policy implications of recent legislative options.