Puerto Rico [+]Compare [E]dit [H]istory

Aliases: Commonwealth of Puerto Rico

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Object «Puerto Rico» has attributes

Attribute Value
Geography
Area 9,104 km²
Continent North America
Land area 8,959 km²
Water area 145 km²
Land boundaries 0 km
Border countries Add
Coastline 501 km
Mean elevation 261 m
Lowest point 0 m
Highest point 1,338 m
People
Population 3,189,068
Official languages Add
Religion Roman Catholic
Government
Long country name Commonwealth of Puerto Rico
Short country name Puerto Rico
Long local name Add
Short local name Add
Former name Add
Government type Presidential democracy
Capital San Juan
Economy
GDP (PPP) 130,000,000,000 USD
GDP (OER) 104,200,000,000 USD
GDP (real growth rate) -2.4 %
GDP - per capita (PPP) 39,400 USD
Gross national saving Add
Labor force 1,139,000
Unemployment rate 10.8 %
Population below poverty line Add
Budget revenues 9,268,000,000 USD
Budget expenditures 9,974,000,000 USD
Military expenditures Add
Taxes and other revenues 8.9 % of GDP
Budget surplus or deficit -0.7 % of GDP
Public debt 51.6 % of GDP
Inflation rate 1.8 %
Central bank discount rate Add
Commercial bank prime lending rate 5 %
Stock of narrow money Add
Stock of broad money Add
Stock of domestic credit Add
Market value of publicly traded shares Add
Current account balance 0 USD
Exports 73,170,000,000 USD
Imports 49,010,000,000 USD
Reserves of foreign exchange and gold Add
External debt 56,820,000,000 USD
National currency US Dollar
National currency (code) USD
National currency (symbol) $
National currency rate to USD Add

Populated for centuries by aboriginal peoples, the island was claimed by the Spanish Crown in 1493 following Christopher COLUMBUS' second voyage to the Americas. In 1898, after 400 years of colonial rule that saw the indigenous population nearly exterminated and African slave labor introduced, Puerto Rico was ceded to the US as a result of the Spanish-American War. Puerto Ricans were granted US citizenship in 1917. Popularly elected governors have served since 1948. In 1952, a constitution was enacted providing for internal self-government. In plebiscites held in 1967, 1993, and 1998, voters chose not to alter the existing political status with the US, but the results of a 2012 vote left open the possibility of American statehood. Economic recession on the island has led to a net population loss since about 2005, as large numbers of residents moved to the US mainland. The trend has accelerated since 2010; in 2014, Puerto Rico experienced a net population loss to the mainland of 64,000, more than double the net loss of 26,000 in 2010. Hurricane Maria struck the island on 20 September 2017 causing catastrophic damage, including destruction of the electrical grid that had been cripled by Hurricane Irma just two weeks before. It was the worst storm to hit the island in eight decades, and damage is estimated in the tens of billions of dollars.

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