GDP in Puerto Rico
Puerto Rico - GDPThe economy has been dealt another blow in recent weeks, as a series of earthquakes and aftershocks—including the biggest quake in a century on 7 January—have damaged the island’s infrastructure and left millions without electricity. As a result, although economic activity increased in November for the second consecutive month, according to the Economic Development Bank for Puerto Rico, the Commonwealth’s recovery from Hurricanes Maria and Irma, which struck the island two years ago, will have taken a setback. More positively, however, the U.S. Department of Housing and Urban Development will reportedly soon grant island authorities access to USD 8 billion in delayed aid, which should support infrastructure rebuilding efforts.
Puerto Rico - GDP Data
|Economic Growth (GNP, annual variation in %)||-1.8||-0.8||-1.6||-3.0||-4.7|
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Puerto Rico Facts
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