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Puerto Rico GDP Annual Growth Rate

Puerto Rico's GDP annual growth rate rose to 3.23% in 2024, up from 0.5% in 2023, according to World Bank. This represents an increase of 2.73% from the previous year. Puerto Rico has GDP annual growth rate lower than the global median (3.23% vs median 3.24%). Compared with the median in Americas, Puerto Rico is lower (3.23% vs regional median 3.27%) and ranks 23rd out of 44 countries in Americas.

Puerto Rico's real GDP rose to $99.03 billion in 2024, up from $95.93 billion in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 3.23%
2023 0.5%
2022 2.96%
2021 0.39%
2020 -4.18%
2019 1.68%
2018 -4.36%
2017 -2.89%
2016 -1.26%
2015 -1.05%
2014 -1.19%
2013 -0.31%
2012 0.03%
2011 -0.36%
2010 -0.41%
2009 -1.95%
2008 -1.84%
2007 -1.16%
2006 -1.41%
2005 -1.99%
2004 8.75%
2003 0.05%
2002 0.92%
2001 6.31%
2000 3.27%
1999 5.39%
1998 5.53%
1997 4.88%
1996 2.31%
1995 4.55%
1994 4.19%
1993 4.64%
1992 4.56%
1991 2.3%
1990 -2.84%
1989 4.33%
1988 5.89%
1987 5.77%
1986 4.98%
1985 3.1%
1984 5.93%
1983 -2.34%
1982 -1.56%
1981 1.15%
1980 4.24%
1979 7.91%
1978 6.93%
1977 5.95%
1976 6.24%
1975 -0.65%
1974 2.92%
1973 6.34%
1972 7.17%
1971 6.37%
1970 8.4%
1969 9.38%
1968 5.18%
1967 6.22%
1966 7.5%
1965 9.2%
1964 7.06%
1963 8.65%
1962 8.32%
1961 7.04%
Puerto Rico GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Puerto Rico's total economic output.
Indicator Last Value Prior Value Period
GDP $125.84B $118.38B 2024
GDP per Capita $30,914.37 $29,943.39 2024
GDP per Capita PPP $44,124.54 $42,738.65 2024
Real GDP $99.03B $95.93B 2024