Puerto Rico: Trade openness
* indicates monthly or quarterly data series
| Puerto Rico |
Trade openness: exports plus imports as percent of GDP |
|---|---|
| Latest value | 101.73 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1971 - 2023 |
| Average | 103.58 |
| Min - Max | 80.30 - 118.84 |
| Source | The World Bank |
The latest value from 2023 is 101.73 percent, an increase from 98.5 percent in 2022. In comparison, the world average is 94.79 percent, based on data from 138 countries. Historically, the average for Puerto Rico from 1971 to 2023 is 103.58 percent. The minimum value, 80.3 percent, was reached in 1972 while the maximum of 118.84 percent was recorded in 2003.
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* indicates monthly or quarterly data series
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Definition: Exports plus imports as percent of GDP.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Trade openness | 101.73 | 2023 | percent |
| Exports, percent of GDP | 53.93 | 2023 | percent |
| Exports, billion dollars | 63.58 | 2023 | billion U.S. dollars |
| Imports, percent of GDP | 47.80 | 2023 | percent |
| Imports, billion dollars | 56.36 | 2023 | billion U.S. dollars |
| Trade balance, percent of GDP | 6.12 | 2023 | percent |