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Puerto Rico

Issuer website
Government website

Issuer

Abbreviation 

Email

Phone

Location

Capital

Official languages

Population

Currency

ISO 4217

San Juan

Puerto Rico

Spanish, English

3,260,314

USD

United States dollar

Delivery

  • Certificate of incorporation 

  • Articles of association

  • Meeting minutes 

  • Company stamp

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<Economy>

"Puerto Rico's economy has been struggling in recent years, with the island's GDP declining by 1.2% in 2019. This is largely due to the impact of Hurricane Maria in 2017, which caused an estimated $90 billion in damages. The unemployment rate in Puerto Rico is also high, standing at 11.2% in 2019. This is significantly higher than the US national average of 3.7%.

The Puerto Rican government has taken steps to improve the economy, including tax incentives for businesses and investments in infrastructure. These efforts have resulted in some positive economic growth, with the GDP increasing by 0.7% in 2020. Additionally, the unemployment rate has decreased to 10.2%, although it is still higher than the US average.

Overall, Puerto Rico's economy is still in a fragile state, but there are signs of improvement. With continued investment in infrastructure and tax incentives, the island's economy could continue to grow in the coming years."

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