Puerto Rico

Region: LatAm and Caribbean

Classification of economies by geographic region is based on that of the United Nations Statistics Division.

High Income

Based on the income levels set out by the World Economic Forum (WEF) in its Global Competitiveness Report. However, the groupings are slightly different due to the numbers of economies covered. For GEM, the low income group contains both those classified as low income and lower middle by WEF, and the middle income group has those that WEF groups as upper middle. High income is the same for both GEM and WEF.

Population: 3 million (2018)

Population data is from the World Bank, except Palestinian Territories World Population Review and Taiwan Worldometers

GDP Growth: -2.4% (2017)

GDP growth data is from the World Economic Outlook Database, except Palestinian Territories Worldometers

GDP Per Capita: $31,581 (2017)

GDP per capita data is from the World Economic Outlook Database, except Palestinian Territories Worldometers

Puerto Rico Reports

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GEM Puerto Rico 2019
Report information
  • Year of publication: 2019
  • Category: National Reports
  • Language: Spanish
  • Upload date: 2019-10-10

  • This report details the results of surveys conducted by the Global Entrepreneurship Monitor (GEM) in Puerto Rico in summer 2018. These surveys have been carried out continuously since 2013 in Puerto Rico, which allows us to better understand the transformations.

    Entrepreneurial activity in Puerto Rico has undergone substantial changes following Hurricanes Irma and Maria in September 2017. Although this event had serious consequences on economic activity in late 2017 and early 2018, it also brought new opportunities for entrepreneurs.

    The highlight in GEM Puerto Rico 2018 is the growth in the number of new enterprises: 2.6 percent of the population surveyed indicated that they have a new enterprise (firms for which salaries or wages have been paid at least for 3 months and began three years and a half ago or less, prior to the survey). Although the figure is still low when compared to other countries, it is higher than in 2017 (1.4%).

  • URL: https://gemconsortium.org/report/50316
GEM Puerto Rico 2018
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GEM Puerto Rico 2017
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GEM Puerto Rico 2016
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Social Entrepreneurship in Puerto Rico GEM 2015