Annual GDP growth in Puerto Rico

Puerto Rico: Annual GDP growth was 0.6% in 2023. ◆ Volatile

Latest (2023)
0.6%
Change on year
down 84.3%
World rank
172nd
of 211 countries
All-time high
8.8%
in 2004
All-time low
-4.4%
in 2018
Years of data
24
2000–2023

Annual GDP growth in Puerto Rico, 2000–2023

-505102000201120232000: 3.3 %2001: 6.3 %2002: 0.92 %2003: 0.05 %2004: 8.8 %2005: -2 %2006: -1.4 %2007: -1.2 %2008: -1.8 %2009: -1.9 %2010: -0.41 %2011: -0.36 %2012: 0.03 %2013: -0.31 %2014: -1.2 %2015: -1.1 %2016: -1.3 %2017: -2.9 %2018: -4.4 %2019: 1.7 %2020: -4.2 %2021: 0.39 %2022: 3.6 %2023: 0.56 %

Source: World Bank – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for annual gdp growth in Puerto Rico is 0.6%, measured in 2023.

That represents a change of down 84.3% on the previous year and up 280.6% over ten years.

Over the whole period, annual gdp growth in Puerto Rico peaked at 8.8% in 2004 and was at its lowest, -4.4%, in 2018.

Puerto Rico ranks 172nd of 211 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.1% -2.0% 8.8% 10
2010s -1.0% -4.4% 1.7% 10
2020s 0.1% -4.2% 3.6% 4

Countries ranked near Puerto Rico

  1. 170 Colombia 0.6% compare
  2. 171 Nauru 0.6% compare
  3. 173 Norway 0.5% compare
  4. 174 Sao Tome and Principe 0.4% compare
  5. 174 Uruguay 0.4% compare

See the full ranking of 211 places →

More economy & growth data for Puerto Rico

All data for Puerto Rico →

Frequently asked questions

What is annual gdp growth in Puerto Rico?
Annual gdp growth in Puerto Rico was 0.6% in 2023, according to World Bank – processed by Our World in Data.
What is the highest annual gdp growth recorded in Puerto Rico?
The highest recorded value was 8.8% in 2004.
What is the lowest annual gdp growth recorded in Puerto Rico?
The lowest recorded value was -4.4% in 2018.
How does Puerto Rico rank for annual gdp growth?
Puerto Rico ranks 172nd out of 211 countries with data for 2023.
Is annual gdp growth rising or falling in Puerto Rico?
Over the last ten years it is up 280.6%. The long-run trend across the full record is volatile.
Where does this Puerto Rico data come from?
The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.

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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Annual GDP growth
Unit
%
Source
World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 4,892 data points, 2000–2023
Last refreshed

Annual GDP growth (%)