Saturday, July 17, 2010

Economy/Imports/Exports


Puerto Rico is said to have an economy that is largely dependent on that of the United States. Up until the middle of the 20th century its economy included money earned from sugarcane plantations. Despite a decline, there is still an agricultural economy, but it only makes up 1% of the GDP. Tourism makes up a significant portion of the economy.

"Export Partners: US 90.3%, UK 1.6%, Netherlands 1.4%, Dominican Republic 1.4% (2002 est.)"

"Imports Partners: US 55.0%, Ireland 23.7%, Japan 5.4% (2002 est.)"

Puerto Rico's GDP is actually only $17,200 per capita. This ranks it 70th in the world, which is lower than Croatia, Poland, and Estonia. It is also less than half of the United States GDP.

Sources :
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html?countryName=Puerto%20Rico&countryCode=rq&regionCode=ca&rank=70#rq

http://welcome.topuertorico.org/economy.shtml