Markets Actual Q1 Q2 Q3 Q4 2022
Currency 90.79 96.06 96.48 96.91 97.33 97.33

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 1.50 2.5 2.5 2.5 2.5 1.6
Unemployment Rate (%) 9.40 11.3 11.1 10.9 10.8 10
Inflation Rate (%) -1.00 -0.5 -0.2 0.2 0.7 1.5
Balance of Trade (USD Million) 704.70 50 1120 1120 -150 70
Current Account (USD Million) 8148.10 7000 7000 7000 6500 6500
Personal Income Tax Rate (%) 33.00 33 33 33 33 33
Corporate Tax Rate (%) 37.50 39 37.5 37.5 39 39

GDP Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) 1.50 2.5 2.5 2.5 2.5 1.6
GDP (USD Billion) 104.99 102 102 102 102 104
GDP per capita (USD) 27684.46 27500 27500 27500 27500 27700
GDP Per Capita Ppp (USD) 34517.60 34200 34200 34200 34200 34600

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 9.40 11.3 11.1 10.9 10.8 10
Population (Million) 3.15 3.04 3.04 3.04 2.93 2.82
Labor Force Participation Rate (%) 40.10 41 41 41.3 41.3 41.5
Manufacturing Payrolls (Thousand) 75.90 73.1 73.1 73.1 73.3 73.3
Government Payrolls (Thousand) 200.40 205 205 205 215 218
Employed Persons (Thousand) 944.00 973 973 973 1010 1020
Employment Rate (%) 36.70 37.6 37.6 37.6 37.8 38.1
Unemployed Persons (Thousand) 87.00 87 87 87 88 97

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) -1.00 -0.5 -0.2 0.2 0.7 1.5
Inflation Rate Mom (%) 0.10 0.1 0.3 0.2 0.3 0.2
Food Inflation (%) -0.90 -0.2 0.1 0.3 0.5 1.5
Consumer Price Index CPI (points) 118.66 122 118 118 123 123

Money Actual Q1 Q2 Q3 Q4 2022
Banks Balance Sheet (USD Million) 84027.80 75000 75000 75000 80000 80000

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (USD Million) 704.70 50 1120 1120 -150 70
Current Account (USD Million) 8148.10 7000 7000 7000 6500 6500
Imports (USD Million) 3658.80 4180 4180 4180 4380 4380
Exports (USD Million) 4363.50 5300 5300 5300 4450 4550
Capital Flows (USD Million) -5142.70 -4900 -4900 -4900 -4900 -4900
Tourist Arrivals (Thousand) 55.30 120 140 150 165 193

Government Actual Q1 Q2 Q3 Q4 2022
Government Revenues (USD Million) 688.90 1200 1200 1200 1100 1200

Taxes Actual Q1 Q2 Q3 Q4 2022
Personal Income Tax Rate (%) 33.00 33 33 33 33 33
Corporate Tax Rate (%) 37.50 39 37.5 37.5 39 39

Business Actual Q1 Q2 Q3 Q4 2022
Leading Economic Index (%) -6.30 1.5 2 2 2.1 2.1
Manufacturing PMI (points) 51.70 52.3 52.5 53 52.5 53

Consumer Actual Q1 Q2 Q3 Q4 2022
Retail Sales YoY (%) 14.80 11.5 5 3 2.1 2.5
Gasoline Prices (USD/Liter) 0.58 0.65 0.47 0.45 0.61 0.61


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.