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The economy of Puerto Rico is classified as a high-income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. [14] [15] The main drivers of Puerto Rico's economy are manufacturing, which primarily includes pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, notably finance, insurance, real estate ...
The Puerto Rico Center for the New Economy (CNE) —Spanish: Centro para la Nueva Economía— is an economy-centered think tank that has emerged as an incubator for future economic public policy in that United States territory. [1]
The Puerto Rico Department of Economic Development and Commerce (Spanish: Departamento de Desarrollo Económico y Comercio de Puerto Rico) is the executive department of the government of Puerto Rico responsible for the economic development in the U.S. Commonwealth of Puerto Rico and all its commerce related matters.
Latin American and the Caribbean countries by GDP per capita PPP (2019). This is a list of Latin American and the Caribbean countries by gross domestic product at purchasing power parity in international dollars according to the International Monetary Fund's estimates in the October 2023 World Economic Outlook database.
In 2012, there were 13,159 farms in Puerto Rico. [9] While not a state, Puerto Rico is a member of the Southern United States Trade Association, a non-profit organization that assists the agriculture industry in developing its exports. [10] In early 2020, farm owners in Ponce reported on the continuing challenge of finding laborers. [11]
A massive power outage blanketed most of Puerto Rico early Tuesday, leaving more than 1.2 million people without electricity. Here's what to know about the blackout and Luma Energy, which handles ...
Employees pack laptop computer casings at Sichuan Hanhai Precision Manufacturing Co., in Huaying, Sichuan Province of China on January 14. (Qiu Haiying/VCG/AP)
The Secretary of Economic Development and Commerce of Puerto Rico heads the Puerto Rico Department of Economic Development and Commerce and is the chief economist of the government of Puerto Rico. The Secretary is responsible for the economic development of Puerto Rico and all its commerce related matters.