How Is Puerto Rico In Comparison With Other Latin Countries (Economics, Quality of Life, etc). On the other hand, most of the poorest countries in the world are found in Africa. Standard users can export data in a easy to use web interface or using an excel add-in. places rich in Oil & Gas reserves tend to have high GDP-per-capita figures). 1990 2021. [17] It is estimated that over 15% of global jurisdictions are tax havens (see tax haven lists). FocusEconomics reports cover more than 130 economies and over 30 key commodities. Puerto Rico: 0 180 1970 - 2020 Singapore: 0 181 1970 - 2020 Tuvalu: 0 182 1990 - 2020 Economic outlook around the world. The burst of the dotcom bubblewhich some attribute to Greenspans easy credit policiesresulted in a sharp decline. GNI Per Capita Debt to GDP GNP Inflation Rate Economic Growth Manufacturing GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Learn more about how Statista can support your business. The latest value for GDP per capita (current US$) in Puerto Rico was $31,429.87 as of 2020. $2580), Taiwan Province of China (Int. GDP per capita in Puerto Rico. Irelands GDP per capita, in particular, has seen a significant increase in recent years due to its pro-business environment, low corporate tax rates, and a highly educated workforce that attracts foreign direct investment. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Line Bar Map. Referred to as "West Bank and Gaza" in the IMF and World Bank reports. Timeline: Cannabis Legislation in the U.S. Visualizing the Relationship Between Cancer and Lifespan, Mapped: Renewable Energy and Battery Installations in the U.S. in 2023, How EV Adoption Will Impact Oil Consumption (2015-2025P), Global EV Production: BYD Surpasses Tesla. Since 2014, EU member states have been encouraged by Eurostat, the official statistics body, to include some illegal activities. Source: World Bank : Nominal (current), Nominal (constant), PPP (current), PPP (constant) IMF World Economic Outlook (April-2021) Date: 02 Sep 2021: Top Statistics Olympics Medal Table 2020. Luxembourg is the richest country in the world in PPP terms with per capita income around of Int. The value for GDP per capita (current LCU) in Puerto Rico was 31,429.87 as of 2020. Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis, Federal Reserve Bank of St. Louis, Over the past 30 years, the value for this indicator has fluctuated between 36,277 in 2019 and 13,415 in 1990. For a full list of countries not included, refer to the IMF site. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. $532). To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. $760. This chart displays Economic Growth (GDP, ann. 34. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Changes in rank: Guyana (+29), Egypt (+8), Islamic Republic of Iran (+8), and Bhutan (+7) are top gainers in the ppp statistic alerts) please log in with your personal account. The value for GDP per capita (constant LCU) in Puerto Rico was 2,820.14 as of 2020. Dollars). Each year, Gallup conducts a survey of American adults on various economic topics, including the countrys central bank, the Federal Reserve. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. GDP per capita is a measure of the total economic output of a country (GDP) divided by the total population of the country. [18] An IMF investigation estimates that circa 40% of global foreign direct investment flows, which heavily influence the GDP of various jurisdictions, are described as "phantom" transactions.[19]. License : CC BY-4.0. Four economies are above five times richer than the world, and the 11 poorest are poorer by over ten times. Data are in constant local currency. HCI and GDP Per Capita PPP (log scale, horizontal axis) Productivity relative to benchmark of complete education and full health. GDP (PPP) and GDP (PPP) per capita are usually measured by international dollar, which is a hypothetical currency that has the same purchasing power in every economy as the U.S. dollar in the United States. The data used in this infographic is also listed in the table below. We can see that trust in the Federal Reserve has fluctuated significantly in recent years. Maldives (Int. 1990 1995 2000 2005 2010 2015 2020 Thousand 10 12 14 16 18 20 22 24 Puerto Rico. GDP per capita is calculated by dividing GDP by midyear population. As the graph below shows, over the past 60 years this indicator reached a maximum value of 32,850.55 in 2019 and a minimum value of 717.51 in 1960. St. Louis, MO 63102, Current U.S. On the flip side, public confidence spiked during the COVID-19 pandemic. GDP is the sum of gross value added by all resident . GDP per Capita in Puerto Rico averaged 20000.94 USD from 1960 until 2021, reaching an all time high of 30375.84 USD in 2004 and a record low of 6307.42 USD in 1960. GNI per capita, PPP (constant 2017 international $) GNI per capita (constant LCU) GNI per capita (current LCU) GNI per capita, Atlas method (current US$) GNI per capita growth (annual %) GNI per capita (constant 2015 US$) In 2019, the estimated average GDP per capita (PPP) of all of the countries of the world was Int$ 18,381. For this figure, the GDP (PPP) world value, Data is for the area controlled by the Government of the. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). $-9464), Libya (Int. World Bank. Consequently, in the first eight months of FY 2023, activity slid 0.3% year on year on average. The GDP value of Puerto Rico represents 0.05 percent of the world economy. As a result of the destruction, many Puerto Ricans have emigrated to the US mainland. Luxembourgs per capita GDP is nearly 415 times the per capita GDP of the worlds poorest country, Burundi, at $303. The latest value for GDP per capita, PPP (current international $) in Puerto Rico was 34,337 as of 2020. Definition: GDP per capita based on purchasing power parity (PPP). Over the past 30 years, the value for this indicator has fluctuated between 35,017 in 2004 and 21,596 in 1990. Download Historical Data Save as Image $25,000 and 115 has above Int. Census of Population and Housing 2000 - IPUMS Subset. The share of the shadow economy is significant in many European countries, ranging from less than 10 to over 40 percent of GDP. Dollars, Annual, Not Seasonally Adjusted, 2010 U.S. Currently, you are using a shared account. $2295), Submitted on: 24 Sep, 2014. Average Monthly Temperature 1901 - 2009 (C) So the GDP per capita in Puerto Rico is quite high, $31K, higher than Spain and a developed country. [a] For rankings regarding wealth, see list of countries by wealth per adult. To learn more about cookies, click here. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. and services produced in a country in a given year. Profit from the additional features of your individual account. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Data Notes: Results are based on telephone interviews conducted April 3-25, 2023, with a random sample of 1,013adults, ages 18+, living in all 50 U.S. states and the District of Columbia. GDP per capita of Puerto Rico; View More Economy Statistics; GDP growth; GDP per capita growth . Five economies have below Int. Puerto Rico gdp per capita for 2019 was $32,917, a 4.12% increase from 2018. $134.9 billion (2015 est.) Puerto Rico: 35,907: 44: 34,025: 43: 198-1,882 +1: North America: Qatar: 95,108: 4: 93,508: 4: 543-1,599: 0: See a ranking of the poorest countries in the world. Please check your download folder. The gross domestic product (GDP) per capita figures on this page are derived from PPP calculations. A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Puerto Rico. Advanced users can use our Python/R/Matlab packages. Data are in constant 2010 U.S. dollars. Here is the full ranking of the richest countries in 2023, according to their per capita GDP. Use Ask Statista Research Service. This is similar to nominal GDP per capita, but adjusted for the cost of living in each country. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. Luxembourg, one of the smallest countries in the EU has a population of 634,000 and is the richest country in this ranking with a per capita GDP of nearly $130,000. GDP per capita (USD) 30,729 30,416 31,925 31,523 32,668 GNP (USD bn) 69.0 67.6 70.8 70.4 73.0 GNP per capita (USD) 20,511 . This was likely due to Jerome Powells decisive actions to provide support to the U.S. economy throughout the crisis. 50 states and the District of Columbia The table below lists the annual Nominal GDP of each U.S. state and the District of Columbia in 2022, as well as the GDP change and GDP per capita for that year. Measuring GDP per capita is a common measure of the economic wealth on a per person basis. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Public trust in the Federal Reserve chair has hit its lowest point in 20 years. After momentum was set back towards the end of Q2 FY 2023 (July-September 2022) when hurricane Fiona landed on the island, data suggests the economy has improved. New Caledonia 34694.55. For more information, please see our Access essential information in the shortest possible time. $10,000 on a purchasing power parity basis. Forecast Stats Download The Gross Domestic Product (GDP) in Puerto Rico was worth 106.53 billion US dollars in 2021, according to official data from the World Bank. In 2017, Ireland's economic data became so distorted by U.S. multinational tax avoidance strategies (see leprechaun economics), also known as BEPS actions, that Ireland effectively abandoned GDP (and GNP) statistics as credible measures of its economy, and created a replacement statistic called modified gross national income (or GNI*). The Trading Economics Application Programming Interface (API) provides direct access to our data. The latest value for GDP per capita (constant 2010 US$) in Puerto Rico was 28,237 as of 2020. Chart. Unemployment (% of active population, aop). [13] It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Over the past 60 years, the value for this indicator has fluctuated between $32,850.55 in 2019 and $717.51 in 1960. Which Countries Produce the Most Natural Gas? It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. $1339) and China (Int. Source: IMF. The Link Between Entrepreneurship and Mental Health Conditions, Ranked: The 25 Poorest Countries by GDP per Capita, Mapped: Europes Biggest Sources of Electricity by Country, Mapped: The Most Innovative Countries in the World in 2022, The U.S. and China Account for Half the Worlds Household Wealth. Brunei Darussalam (Int. GDP per capita (current US$) - Puerto Rico World Bank national accounts data, and OECD National Accounts data files. Definition: GDP per capita is gross domestic product divided by midyear population. List of countries by GDP (PPP) per capita, There is no explicit "GDP (PPP) per capita" World estimate provided by the IMF. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Data note: The IMF dataset does not include data for all countries, and those with missing data for 2023 have not been included in this visualization. 31429.87. current USD. Taiwan is the remaining gainer among the Estimates by world bank since 1961. . Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis. The average GDP generated per person in the Bahamas amounted to 28,239 U.S. dollars, whereas the average wealth created per capita in Puerto Rico was estimated at around 31,430 U.S.. Access essential information in the shortest time possible. Gross domestic product (GDP) per capita in Latin America and the Caribbean in 2021, by country (in U.S. dollars) [Graph]. note: data are in 2017 dollars. In March, inflation dropped to a one-year low of 5.1% (February: 5.8%); softer price increases for transportation, and food and beverages drove the moderation. However, it is increasingly being recognized that tax havens, or corporate tax havens, have distorted economic data which produces artificially high, or inflated, GDP-per-capita figures. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The global median is 6755.685.-Puerto Rico-GDP Per Capita-Puerto Rico GDP Per Capita See Definition. Current job openings: 2022 Data - 2023 Forecast - 1960-2021 Historical - Chart - News, Puerto Rico Inflation Rate MoM at 0.30 percent, Puerto Rico Inflation Rate at 3.90 percent, Puerto Rico Food Inflation at 8.50 percent, Puerto Rico CPI Transportation at 127.41 points, Puerto Rico CPI Housing Utilities at 122.30 points, Puerto Rico Consumer Price Index (CPI) at 133.12 points, Puerto Rico Gasoline Prices at 0.81 USD/Liter, Puerto Rico Imports at 5293.80 USD Million, Puerto Rico Exports at 5736.80 USD Million, Wall Street Ends Higher, Books Winning Week, Baltic Exchange Dry Index Extends Slide, Posts Weekly Fall. The gross domestic product per capita of Puerto Rico was forecast to continuously increase between 2022 and 2027 by in total 6,326.7 U.S. dollars (+16.46 percent). Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Currently this metric is at $13,920 globally in 2023, up from $13,400 in 2022 and $11,160 in 2020, all nominal figures, not accounting for inflation. $1,000. Data are in current U.S. dollars. Data from World bank and The World Factbook includes gdp per capita and year estimated for. Definition: GDP per capita is gross domestic product divided by midyear population. GNI per capita, PPP (constant 2017 international $), GNI per capita, Atlas method (current US$), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. $6080 in 2020, followed by Ireland (Int. source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed Puerto Rico GDP Sixty-six have above Int. 55, NO. How Does U.S. Electricity Generation Change Over One Week? As estimates and assumptions have to be made, the results produced by different organizations for the same country are not hard facts and tend to differ, sometimes substantially, so they should be used with caution. 33. Ranked: The 20 Countries With the Fastest Declining Populations. Key figures and rankings about companies and products. The Gross Domestic Product per capita in Puerto Rico was last recorded at 28307.75 US dollars in 2021. dollars)." This is similar to nominal GDP per capita, but adjusted for the cost of living in each country. ", World Bank, Gross domestic product (GDP) per capita in Latin America and the Caribbean in 2021, by country (in U.S. dollars) Statista, https://www.statista.com/statistics/802613/gross-domestic-product-gdp-per-capita-latin-america-caribbean/ (last visited June 03, 2023), Gross domestic product (GDP) per capita in Latin America and the Caribbean in 2021, by country (in U.S. dollars) [Graph], World Bank, July 20, 2022. This field is for validation purposes and should be left unchanged. Comparisons of national wealth are frequently made on the basis of nominal GDP and savings (not just income), which do not reflect differences in the cost of living in different countries (see List of countries by GDP (nominal) per capita); hence, using a PPP basis is arguably more useful when comparing generalized differences in living standards between economies because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using only exchange rates, which may distort the real differences in income. The GDP per capita. In FY 2024which starts July 2023inflation is expected to more than halve from FY 2023s projected peak. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars. GDP (purchasing power parity): $130 billion (2017 est.) Ireland has, more or less, stopped using GDP to measure its own economy. Ireland is one of the world's largest corporate tax havens. economies and incomes by adjusting for differences in prices in different countries. . Available: https://www.statista.com/statistics/802613/gross-domestic-product-gdp-per-capita-latin-america-caribbean/, Gross domestic product (GDP) per capita in Latin America and the Caribbean in 2021, by country, Immediate access to statistics, forecasts & reports, Total population of Latin America & Caribbean 2021, Population growth in Latin America & Caribbean 2021, Fertility rate in Latin America & Caribbean, Life expectancy at birth in Latin America & Caribbean 2020, Age structure in Latin America & Caribbean 2021, Life expectancy in Latin America and the Caribbean in 2021, Death rate in Latin America & Caribbean 2020, Urbanization in Latin America & Caribbean 2021, Gross domestic product (GDP) in Mexico 2028, Gross domestic product (GDP) in Costa Rica 2028, Trade balance of goods of Costa Rica 2021, Gross domestic product (GDP) in El Salvador 2028, Trade balance of goods of El Salvador 2021, Gross domestic product (GDP) in Guatemala 2028, National debt of Guatemala in relation to gross domestic product (GDP) 2028, Gross domestic product (GDP) in Honduras 2028, Gross domestic product (GDP) in Nicaragua 2028, Gross domestic product (GDP) in Panama 2028, Total population of Dominican Republic 2028, Gross domestic product (GDP) in Dominican Republic 2028, Trade balance of goods of Dominican Republic 2021, Inflation rate in Dominican Republic 2028, Unemployment rate in Dominican Republic 2022, National debt of the Dominican Republic 2028, Gross domestic product (GDP) in current U.S. dollars in Cuba 2020, Gross domestic product (GDP) in current U.S. dollars in Puerto Rico 2028, Gross domestic product (GDP) in Argentina 2028, Gross domestic product (GDP) in Bolivia 2028, Gross domestic product (GDP) in Brazil 2028, Gross domestic product (GDP) in Chile 2028, Gross domestic product (GDP) in Ecuador 2028, Gross domestic product (GDP) in Colombia 2028, Gross domestic product (GDP) in Paraguay 2028, Gross domestic product (GDP) in Peru 2028, Gross domestic product (GDP) in Uruguay 2028, Gross domestic product (GDP) in Venezuela 2024, Gross domestic product (GDP) of selected global regions 2022, Inflation rate in selected global regions in 2022, Forecast on the GDP growth in selected world regions until 2028, Share of global regions in the gross domestic product 2022, Employment to population ratio, by region 1991-2015, Unemployed persons in selected world regions 2024, Unemployment rate in selected world regions 2021, Youth unemployment rate in selected world regions 2020, New cases of COVID-19 worldwide from January 23, 2020 to April 25, 2023, by day, Antigua and Barbuda: gross national income per capita 2011-2021, Peru: gross national income per capita 2011-2021, Guatemala: gross national income per capita 2011-2021, Central America & Caribbean: main issues according to experts 2019, Grenada: gross national income per capita 2011-2021, Latin America & the Caribbean: regional income per capita 2010-2020, Belize: gross national income per capita 2011-2021, Bolivia: main issues according to experts 2019, Household debt QLD Australia FY 2004-2018, Brazil: gross national income per capita 2011-2021, St. Kitts and Nevis: gross national income per capita 2011-2021, Costa Rica: gross national income per capita 2011-2021, Guyana: gross national income per capita 2012-2021, Trinidad & Tobago: gross national income per capita 2011-2021, Gross fixed capital formation growth in Russia 2012-2021, Inflation rate in the CIS 2018-2028, by country, Travel and tourism in Latin America & Caribbean, Gross domestic product (GDP) per capita in Latin America and the Caribbean in 2021, by country (in U.S. dollars), Find your information in our database containing over 20,000 reports, states with the highest gross domestic product. If you continue to navigate this website beyond this page, cookies will be placed on your browser. %) for Puerto Rico from 2013 to 2022. Over the past 60 years, the value for this indicator has fluctuated between 30,376 in 2004 and 6,307 in 1960. Macao SAR and Singapore's exit left Luxembourg with gdp per capita of Economic activity has recorded smaller year-on-year drops since November 2022, and in February 2023, it tallied the smallest decline in six months. Search: Showing 1 to 10 of 190 entries Previous Next For instance, the Irish GDP data above is subject to material distortion by the tax planning activities of foreign multinationals in Ireland. Please create an employee account to be able to mark statistics as favorites. International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme. Background Populated for centuries by aboriginal peoples, the island was claimed by the Spanish Crown in 1493 following Christopher COLUMBUS' second voyage to the Americas. Note: This page was last updated on December 28, 2019, Home | About | Search | Site Map | Blog | Indicadores en Espaol. World Bank national accounts data, and OECD National Accounts data files. After momentum was set back towards the end of Q2 FY 2023 (JulySeptember 2022) when hurricane Fiona landed on the island, data suggests the economy has improved. Data are in current local currency. Global Ranking. 2", "The Irish National Accounts: Towards some do's and don'ts", "World Bank, International Comparison Program database", Patents, trademarks, and industrial design filing activity, Number of broadband Internet subscriptions, https://en.wikipedia.org/w/index.php?title=List_of_countries_by_GDP_(PPP)_per_capita&oldid=1156826767, Articles with dead external links from October 2020, Short description is different from Wikidata, Wikipedia indefinitely semi-protected pages, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 24 May 2023, at 20:39. Cookie Notice GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. Most of the richest countries are found in Europe and North America (the top two richest continents), with a per capita GDP of $34,500 and $59,000, respectively. Select the reports most relevant to your business. Real gross domestic product (GDP) for Puerto Rico decreased 6.0 percent in 2020 after increasing 0.2 percent in 2019 (table 1.3), according to statistics released today by the U.S. Bureau of Economic Analysis (BEA). Furthermore, the GDP per capita dataset often updates as currency rates fluctuate, which may lead to slight differences in figures at the time of publishing. Definition: GDP per capita is gross domestic product divided by midyear population. Source: World Bank, International Comparison Program database. Economy . Puerto Rico's GDP Per Capita is 31429.87 current USD. Puerto Rico gdp per capita for 2018 was $31,615, a 1.63% increase from 2017. Accessed June 03, 2023. https://www.statista.com/statistics/802613/gross-domestic-product-gdp-per-capita-latin-america-caribbean/, World Bank. Gross domestic product (GDP) is a measurement that describes the value of a geographic location's total goods and services, and how it relates to the population of the region. Such calculations are prepared by various organizations, including the IMF and the World Bank. Make the best decisions about the future of your business with the most reliable economic intelligence. Where are Clean Energy Technologies Manufactured? ranking. GDP per capita of Puerto Rico. Malta 33257 . Economy & Politics Economy Latin America & Caribbean: gross domestic product 2021, by country Published by Teresa Romero , Oct 17, 2022 Brazil and Mexico were the countries with the largest. Puerto Rico. var. Measures implemented by the Fed include bringing interest rates to near zero, quantitative easing (buying government bonds with newly-printed money), and emergency lending programs to businesses. 2021: 2.500: 2022: 0.700: 2023: 0.000: 2024-0.300: 2025-0.400: 2026-0.400: Estimates by World Bank; Year Growth rate (%) Rank/Total; Growth Per capita . South Korea 34757.72. Among the The decrease in real GDP in 2020 primarily reflected a decrease in exports of goods and services (table 1.4). The GDP per Capita in Puerto Rico is equivalent to 224 percent of the world's average. Comparing Population Pyramids Around the World, The world GDP per capita continues to grow every year, and is projected to be, Gallup conducts an annual poll to gauge the U.S. publics trust in the Federal Reserve, After rising during the COVID-19 pandemic, public trust has fallen to a 20-year low, Increases the burden for those with variable-rate debts, Makes mortgages and home buying less affordable. 31. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Top Gainers in 2020: Guyana added Int. With a decline of more than $68k, the GDP per capita of Macao SAR will down by 55% in 2020. Interested in Puerto Rico economic reports, analysis and data? Twenty-one economies have per capita income above Int. Definition: GDP per capita based on purchasing power parity (PPP). And on current trends [because Irish GDP is distorting EU-28 aggregate data], the eurozone taken as a whole may need to consider something similar. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. But how does it compare with say Chile or Uruguay or Mexico/Costa Rico/ Panama or even the US/Spain? The statistical distortions created by the impact on the Irish National Accounts of the global assets and activities of a handful of large multinational corporations have now become so large as to make a mockery of conventional uses of Irish GDP. For calculating 2019 data, the total GDP estimate by IMF, List of countries by GDP (nominal) per capita, Corporate haven GDP-per-capita tax haven proxy, List of countries by past and projected GDP (PPP) per capita, List of countries by GDP (PPP) per capita growth rate, United Nations Department of Economic and Social Affairs, "Sarkozy attacks focus on economic growth (French president urges more emphasis on quality of life)", "Alternative progress indicators to Gross Domestic Product (GDP) as a means towards sustainable development", "World Economic Outlook Database, April 2023", "WEO Database, April 2023. FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. After peaking at 58%, those with a great deal or fair amount of trust in the Fed chair have tumbled to 36%, the lowest number in 20 years. Chart: Automakers Adoption of Fuel-Saving Technologies, Explainer: What to Know About the Ohio Train Derailment, Infographic: 11 Tech Trends to Watch in 2023. Yes Puerto Rico has a GDP per capita higher than any Latin American country but the island is an integral part of the USA (not politically) but economically. In, World Bank. Reddit, Inc. 2023. [14][15][16], There are many natural economic reasons for GDP-per-capita to vary between jurisdictions (e.g. Per capita income of top ranker, Luxembourg is over 6.8 times the world GDP per capita A stunning $12 trillionalmost 40 percent of all foreign direct investment positions globallyis completely artificial: it consists of financial investment passing through empty corporate shells with no real activity. White label accounts can distribute our data. The eight major pass-through economiesthe Netherlands, Luxembourg, Hong Kong SAR, the British Virgin Islands, Bermuda, the Cayman Islands, Ireland, and Singaporehost more than 85 percent of the world's investment in special purpose entities, which are often set up for tax reasons. "Gross Domestic Product (Gdp) per Capita in Latin America and The Caribbean in 2021, by Country (in U.S. List of continents by gdp per capita. above 100k International dollar in 2020. The list is initially sorted by Nominal GDP in 2021, but clicking the table headers can sort any column. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. United Arab Emirates 36284.55. License : CC BY-4.0 Line Bar Map Label While these rate hikes may be necessary, they also have many adverse effects: Higher rates have also prompted many U.S. tech companies to shrink their workforces, and have been a factor in the regional banking crisis, including the collapse of Silicon Valley Bank. The latest value for GDP per capita, PPP (constant 2011 international $) in Puerto Rico was 32,551 as of 2020. etc. To make a meaningful comparison, PPP is used to compare people's The comparisons that you hear a lot in the island is with Mississippi as it's the poorest state in the American Union and Puerto Rico GDP per capita is way below them. This site uses cookies to optimize functionality and give you the best possible experience. Report for Selected Countries and Subjects: World, EU", "GDP per capita, PPP (current international $)", "WEO Database, April 2023. Per capita, total health expenditures for the Commonwealth's population were $3,065 in 2014, compared to $9,403 on the U.S. mainland. Then you can access your favorite statistics via the star in the header. See source for details. . 2020. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. Data for 2023 collected April 3-25, with this statement put to respondents: Please tell me how much confidence you have [in the Fed chair] to recommend the right thing for the economy.. Top Losers in 2020: Out of 194 economies estimated by IMF, GDP per capita of 170 economies decreased in 2020. International Monetary Fund World Economic Outlook (April-2021), Saint Helena, Ascension, and Tristan da Cunha. Energy prices and extreme weather events are risks. Consumer & Brand reports . Home World India. As the graph below shows, over the past 60 years this indicator reached a maximum value of 3,033.78 in 2004 and a minimum value of 629.95 in 1960. $-9632), Seventy-six economies have per capita income higher than the global average. To use individual functions (e.g., mark statistics as favourites, set ", "Handbook on the compilation of statistics on illegal economic activities in national accounts and balance of payments", "How tax havens turn economic statistics into nonsense", "Piercing the Veil, FINANCE & DEVELOPMENT, JUNE 2018, VOL. July 20, 2022. In World Factbook data, Liechtenstein is in the 1st position. Ranked: The Cities with the Most Skyscrapers in 2023, Mapped: The State of Democracy Around the World, Ranked: The Worlds Biggest Steel Producers, by Country, Charted: 30 Years of Central Bank Gold Demand, Visualizing U.S. Puerto Rico: gross national income per capita 2011-2021; U.S. per capita personal income in Mississippi 2000-2022; It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Source: World Bank national accounts data, and OECD National Accounts data files. Figures have been rounded. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Libya (-40), Lebanon (-17), Maldives (-13), Venezuela (-13), and Macao SAR (-13) have lost most in the ranking. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Puerto Rico gdp per capita for 2020 was $31,394, a 4.63% decline from 2019. Both metrics show a continuation of historical trends of regional wealth in the world. One Federal Reserve Bank Plaza, GDP (current US$) - Puerto Rico. API users can feed a custom application. All figures are in current international dollars, and rounded to the nearest whole number. Ranking. $118k in For results based on this sample of national adults, the margin of sampling error is 4 percentage points at the 95% confidence level. This is likely due to Powells hard stance on fighting post-pandemic inflation, which has involved raising interest rates at an incredible speed. $50k mark in 2020. 32. Income from natural resources, percent of GDP, 2020 - Country rankings: . All rights reserved. Report for Selected Countries and Subjects: Syria", "IMF DataMapper / Datasets / World Economic Outlook (April 2023) / Population", "Explaining the Shadow Economy in Europe: Size, Causes and Policy Options", "Sizing Up Black Markets and Red-Light Districts for G.D.P. $133.1 billion (2016 est.) country comparison to the world (CIA rank, may be based on non-current data): 81. GDP Growth and GDP per capita Growth of Puerto Rico. Here is the full ranking of the richest countries in 2023, according to their per capita GDP. and our in terms of economics, institutions, corruption, quality of life education? 25, 2023, by day, Latin America and the Caribbean and the corona virus, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Data are in current U.S. dollars. Data are in current international dollars based on the 2011 ICP round. GDP is the total market value of all final goods From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. Over the past 60 years, the value for this indicator has fluctuated between 30,376 in 2004 and 6,307 in 1960. Article World India. 1 Year 5 Year 10 Year 25 Year Max. Puerto Rico gdp per capita for 2021 was $32,641, a 3.97% increase from 2020. These investments in empty corporate shells almost always pass through well-known tax havens. Figures for, Expanding the coverage of illegal economic activities in euro area national accounts, There have been no exclusive estimates for world average by the IMF. This is why GDP (PPP) per capita is often considered one of the indicators of a country's standard of living,[3][4] although this can be problematic because GDP per capita is not a measure of personal income. Definition: GDP per capita is gross domestic product divided by midyear population. Charting the Rise of Americas Debt Ceiling, Ranked: The Worlds Top 50 Endowment Funds, Visualizing the American Workforce as 100 People, Visualized: Real Interest Rates by Country, Ranked: The Largest Bond Markets in the World, Visualizing the Top U.S. States for AI Jobs, Ranked: The Worlds Top 25 Websites in 2023, Charted: Public Trust in the Federal Reserve, Comparing the Speed of Interest Rate Hikes (1988-2023), Ranked: The Best U.S. States for Retirement. U.S.=100, Annual, Not Seasonally Adjusted 1950 to 2010 (2012-09-17) Ireland is the second-richest country in the world on a GDP per capita basis with $107,000, followed by Switzerland at nearly $94,000. $-8706), and The Bahamas (Int. * Nearly all country links in the table connect to articles titled "Income in (country or territory)" or to "Economy of (country or territory)". Please check your download folder. Statista. CIA registers 2 separate entries for Palestine: "West Bank" and "Gaza Strip". "Gross domestic product (GDP) per capita in Latin America and the Caribbean in 2021, by country (in U.S. More specifically, respondents are asked how much confidence they have in the current Fed chairman to do or recommend the right thing for the U.S. economy. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. top 20 richest economies. Formerly known for its steel manufacturing, the country now boasts a large financial services sector, which accounts for the majority of its economic output. . $50,000. Show publisher information Weve visualized these results from 2001 to 2023 to see how confidence levels have changed over time. Changes in gdp per capita and their respective ranking of economies in 2020. The table initially ranks each country or territory with their latest available year's estimates, and can be reranked by either of the sources. [Online]. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Privacy Policy. The latest value for GDP per capita (constant 2010 US$) in Puerto Rico was 28,237 as of 2020. $70,249 1960 1970 1980 1990 2000 2010 2020 -5 0 5 10 Annual Growth Rate (%) 10.57% 2021 This article sorts countries according to the latest International Monetary Fund (IMF) projections on GDP per capita for 2023. Definition: GDP per capita is gross domestic product divided by midyear population. A list of the top 15 GDP-per-capita countries from 2016 to 2017, contains most of the major global tax havens (see GDP-per-capita tax haven proxy for more detail): Language links are at the top of the page across from the title. If you are an admin, please authenticate by logging in again. The gross domestic product (GDP) measures of national income and output for a given country's economy. This page provides - Puerto Rico GDP per . Consumption of Fuel and Materials per Capita, The Periodic Table of Commodity Returns (2013-2022), Visualizing 25 Years of Lithium Production, by Country, Mapped: Air Pollution Levels Around the World in 2022. Percentages reflect the share of respondents that have either a great deal or fair amount of confidence. My impression is mainly from the music videos. Aruba (Int. Find Puerto Rico's latest economic outlook here - with historical data, analysis and expert forecasts from the world's leading economists. Visualizing the Flow of Energy-Related CO2 Emissions in the U.S. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Additionally, in H2 FY 2023 (JanuaryJune 2023), consumer spending has likely improved so far; price pressures receded in JanuaryMarch, and the unemployment rate fell to its lowest level since at least AprilJune 1990 in the same period, giving purchasing power some breathing room. $-6409) are other top decliners. GDP per capita is an evolution of this metric, and is obtained by dividing a country's GDP by its population. Dollars, Annual, Not Seasonally Adjusted, National Currency Units per US Dollar, Annual, Not Seasonally Adjusted, Billions of Dollars, Annual, Not Seasonally Adjusted, 2005 International Dollars per Worker, Annual, Not Seasonally Adjusted, U.S.=100, Annual, Not Seasonally Adjusted, Millions of International Dollars, Annual, Not Seasonally Adjusted, International Dollars, Annual, Not Seasonally Adjusted, 2005 International Dollars per Equivalent Adult, Annual, Not Seasonally Adjusted, 2005 International Dollars per Person, Annual, Not Seasonally Adjusted, Purchasing Power Parity over GDP for Puerto Rico, Gross Domestic Product Per Capita for Puerto Rico, Exports of services: Adjustment for U.S. territories and Puerto Rico, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Puerto Rico, Income payments: Adjustment for U.S. territories and Puerto Rico, Capital account transactions: Adjustments for U.S. territories and Puerto Rico, Investment Share of Purchasing Power Parity Converted GDP Per Capita at current prices for Puerto Rico, Exports of goods and services and income receipts: Adjustment for U.S. territories and Puerto Rico, Unilateral current transfers, net: Adjustment for U.S. territories and Puerto Rico, Balance on current account: Adjustment for U.S. territories and Puerto Rico, Purchasing Power Parity Converted GDP Chain per worker for Puerto Rico, Imports of goods: Adjustment for U.S. territories and Puerto Rico, Imports of goods and services and income payments: Adjustment for U.S. territories and Puerto Rico, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Puerto Rico, Balance on current account: Adjustment for U.S. territories and Puerto Rico (DISCONTINUED), Investment Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Puerto Rico, Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Puerto Rico, Consumption Share of Purchasing Power Parity Converted GDP Per Capita at current prices for Puerto Rico, Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Puerto Rico, Price Level of GDP, G-K method for Puerto Rico, Total Purchasing Power Parity Converted GDP, G-K method, at current prices for Puerto Rico, Balance on adjustment for U.S. territories and Puerto Rico, International Transactions Accounts vs. NIPAs (DISCONTINUED), Purchasing Power Parity Converted GDP Laspeyres per worker for Puerto Rico, Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Puerto Rico, Price Level of GDP, average of GEKS-CPDW for Puerto Rico, Purchasing Power Parity Converted GDP Per Capita, G-K method, at current prices for Puerto Rico, Purchasing Power Parity Converted GDP Chain per equivalent adult for Puerto Rico, Balance on goods and services and income: Adjustment for U.S. territories and Puerto Rico, Exports of goods: Adjustment for U.S. territories and Puerto Rico, Income receipts: Adjustment for U.S. territories and Puerto Rico, Imports of services: Adjustment for U.S. territories and Puerto Rico, Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at current prices for Puerto Rico, Secondary income receipts: Adjustment for U.S. territories and Puerto Rico, Purchasing Power Parity Converted GDP Per Capita (Chain Series) for Puerto Rico, Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of domestic absorption for Puerto Rico, Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Puerto Rico. Some of the countries not included are: Afghanistan, Bermuda, Cuba, Monaco, Pakistan, Sri Lanka, Syria. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. (July 20, 2022). About Us; Store; Press; Careers; . By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. top ten richest economies, only Ireland and Brunei Darussalam's figure has increased. Many of the leading GDP-per-capita (nominal) jurisdictions are tax havens whose economic data is artificially inflated by tax-driven corporate accounting entries. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world. - 2021. Request your free sample report now. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. *Data of 2020. Get the details in this infographic. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. For example, under Alan Greenspan, trust was initially high due to the relative stability of the economy. .8 The decline in Puerto Rico's GDP has been accompanied by a 9 percent decline in labor force participation (1.29 million in 2010 to 1.18 million in 2014) and a 7 percent decline in COVID-19 deaths worldwide as of May 2, 2023, by country and territory, COVID-19 cases worldwide as of May 2, 2023, by country or territory, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of May 2, 2023, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Apr. Trading Economics welcomes candidates from around the world. and 155 times the lowest-ranked Burundi of Int. Definition: Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information Label. Meanwhile, merchandise exports grew by nearly 10% in the first eight months of FY 2023. Bahrain, Canada, and Finland fell below the Int. We have a plan for your needs. By U.S. Census Bureau, Minnesota Population Center. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. (See Standard of living and GDP.). It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Economic activity has recorded smaller year-on-year drops since November 2022, and in February 2023, it tallied the smallest decline in six months. Havens whose economic data is for the area controlled by puerto rico gdp per capita ranking World in PPP with... 2024Which starts July 2023inflation is expected to more than halve from FY 2023s peak... Incredible speed: World Bank national accounts data files ( CIA rank, may be based non-current. 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With say Chile or Uruguay or Mexico/Costa Rico/ Panama or even the US/Spain in! 5 year 10 year 25 year MAX 2018 was $ 31,429.87 as 2020... Than halve from FY 2023s projected peak institutions, corruption, Quality of Life education poorest country Burundi. Power over GDP as the U.S. dollar has the same purchasing power (. Relative stability of the destruction, many Puerto Ricans have emigrated to the relative stability of the countries! 1 million facts: Get quick analyses with our professional research service % ) Puerto!