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Puerto Rico — Market Overview

Americas>Puerto Rico

🇵🇷 Puerto Rico

Puerto Rico is best read as a U.S.-linked island economy where pharmaceuticals, services, federal support, and infrastructure normalization drive activity more than a conventional standalone equity market does. The cleanest read usually comes from manufacturing output, tourism and services activity, and whether public-finance conditions keep improving enough to support investment and demand.

Regional map

Key facts

Puerto Rico at a glance

Capital

San Juan

Currency

US Dollar ($)

Primary exchange

U.S.-linked capital market

Central bank

Puerto Rico Central Bank

Region

Americas

Time zone

America/Puerto_Rico

Country dashboard

Why this market matters

This first pass is built as a reusable country page instead of a static essay. The page now combines a stylized country map, a switchable line-chart explorer, and linked peer countries so users can move from Puerto Rico into the rest of the region without losing the macro frame.

Macro explorer

Switch variables, keep the country context

GDP, inflation, labor, policy, and industrial activity are shown on a quarterly path from 2000 onward, while debt and the local equity benchmark come in when usable history exists. This keeps the page focused on fiscal room and macro regime while the broader official country pipeline keeps expanding.

Real GDP growth

Puerto Rico starter GDP-growth path anchored to sourced country profile readings; full official historical wiring is still pending.

1.0%2.0%3.0%4.0%201020112012201320142015201620172018201920202021202220232024
Click a year to zoom from that point.

Available variables

Real GDP growth

1.7%
1Y trend-4.9%
Avg growth-0.9%

What This Signals

GDP growth is published quarterly and annualized, so each point captures how fast real output was expanding or contracting versus the prior quarter at an annual rate. It matters because it is the broadest scorecard of domestic economic momentum and sets the backdrop for revenues, employment, and policy expectations. Versus a year ago, the series is lower by 4.9%, which points to a softer or less supportive backdrop on this measure. Across the displayed window, the broader trend is still downward.

Trade and external position

Exports, services, and external balance

Instead of a generic macro-card wall, this section focuses on how the country earns demand from abroad, where its trade edge sits, and how the external balance is evolving.

Total trade Puerto Rico$119.3B
Goods
Services
Goods
Services
Export$65.4B
$53.9BImport
External Balance2024
Exports +$65.4B
Imports -$53.9B
Balance+$11.5B
$65.4B
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand Puerto Rico is capturing across both physical products and higher-value intangible flows.

$65.4B
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

$0.0
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where Puerto Rico is strongest in higher-margin, knowledge-intensive, and branded service activities.

Trade composition

What the country exports

Commodity lens

Raw-material exposure

Trade openness94.6%

Trade in goods and services equaled 94.6% of GDP in 2024. This is a quick read on how externally exposed the economy is.

What to watch

Reading framework

01

manufacturing activity

Puerto Rico should first be read through manufacturing activity. When this regime shifts, local multiples and sector leadership usually shift with it.

02

federal support

The cleanest read usually comes from manufacturing output, tourism and services activity, and whether public-finance conditions keep improving enough to support investment and demand. That makes federal support one of the most important signals for revising the country narrative.

03

tourism and services

The final layer is tourism and services, because it determines whether the macro backdrop turns into sustainable earnings support for the Puerto Rico Activity Proxy.

Other countries

Continue across Americas

Each card opens the same country template with its own map, switchable macro variables, and benchmark view. This is the first linked network of country pages across the region.