In September 2017, Puerto Rico’s economic woes were compounded when Hurricane Maria, a Category 4 hurricane with some 150 mph winds, made direct landfall on the island.

Puerto Rico has received authority from the federal government to reduce its debt with legal action and this may make creditors more willing to negotiate instead of … Puerto Rico - Economic Indicators Economic Overview Puerto Rico had one of the most dynamic economies in the Caribbean region until 2006; however, growth has been negative for each of … Economy | February 17th 2020 Governor rejects debt deal with creditors The oversight board is likely to change some of its terms to avoid a political showdown with the local government. Puerto Rico has a GDP of $101.5 billion and ranks 60th by nominal GDP. Overview Of The Economy Of Puerto Rico The financial year begins on July 1st and ends on May 31st. For the latest forecasts on the economic impacts caused by the coronavirus pandemic, please consult the OECD Economic Outlook Interim Report Coronavirus: the world economy at risk (March 2020) and the IMF's policy tracking platform Policy Responses to COVID-19 for the key economic responses from governments.. Puerto Rico's GDP decreased by 2% in 2019. This page has economic forecasts for Puerto Rico including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Puerto Rico economy. Economic Indicators for Puerto Rico including actual values, historical data charts, an economic calendar, time-series statistics, business news, long term forecasts and short-term predictions for … Economic Indicators. Puerto Rico's best shot at economic recovery Published Mon, Mar 26 2018 1:38 PM EDT Updated Mon, Mar 26 2018 2:39 PM EDT Anne O. Krueger, senior research professor, Johns Hopkins University