BEA publishes its initial estimate of the 2021 rebound — a NAPREC perspective
BEA initially estimated that Puerto Rico’s real GDP grew 4.0% in 2021, led by consumer spending. This entry records the estimate released in July 2023; later releases revised historical figures. Original NAPREC analysis in English and Spanish.
Final BEA Puerto Rico GDP release reports 2023 growth — a NAPREC perspective
BEA estimated 3.0% real GDP growth for Puerto Rico in 2023 and revised earlier years. The agency announced that it would stop producing Puerto Rico GDP statistics after this release, raising the importance of continuity in economic data. Original NAPREC analysis in English and Spanish.
BEA’s 2022 GDP release records an economic contraction — a NAPREC perspective
BEA’s July 2024 release estimated a 2.5% decline in Puerto Rico’s real GDP in 2022. The figure is the estimate published at that time; subsequent annual releases revised the historical series. Original NAPREC analysis in English and Spanish.
BEA measures the pandemic-era economic decline — a NAPREC perspective
BEA released estimates showing a 6.0% decline in Puerto Rico’s real GDP in 2020, with lower exports and spending. This historical release captures the initial estimate available in July 2022, before later revisions. Original NAPREC analysis in English and Spanish.