couraged by duty-free access to the US and by tax incentives, US
firms have invested heavily in Puerto Rico since the 1950s. US minimum
wage laws apply. Sugar production has lost out to dairy production and
other livestock products as the main source of income in the
agricultural sector. Tourism has traditionally been an important
source of income for the island, with estimated arrivals of nearly 3.9
million tourists in 1993.

GDP: purchasing power parity - $31.6 billion (1996 est.)

GDP - real growth rate: 3% (1996 est.)

GDP - per capita: purchasing power parity - $8,200 (1996 est.)

GDP - composition by sector:
agriculture: NA%
industry: NA%
services: NA%

Inflation rate - consumer price index: 5.1% (1996 est.)

Labor force:
total: 1.3 million (1996)
by occupation: government 22%, manufacturing 17%, trade 20%,
construction 6%, communications and transportation 5%, other 30%
(1993)

Unemployment rate: 14% (FY95/96 est.)

Budget:
revenues : $5.1 billion
expenditures: $5.1 billion, including capital expenditures of $NA
(FY94/95)

Industries: pharmaceuticals, electronics, apparel, food products;
tourism

Industrial production growth rate: 5% (1994 est.)

Electricity - capacity: 4.47 million kW (1994)

Electricity - production: 16.82 billion kWh (1994)

Electricity - consumption per capita: 4,231 kWh (1995 est.)

Agriculture - products: livestock products, chickens; sugarcane,
coffee, pineapples, plantains, bananas

Exports:
total value : $22.9 billion (f.o.b. 1996)
commodities: pharmaceuticals, electronics, apparel, canned tuna, rum,
beverage concentrates, medical equipment
partners: US 88% (1995 est.)

Imports:
total value: $19.1 billion (c.i.f. 1996)
commodities: chemicals, clothing, food, fish, petroleum products
partners : US 62% (1995 est.)

Debt - external: $NA

Economic aid: none

Currency: 1 US dollar (US$) = 100 cents

Exchange rates: US currency is used

Fiscal year: 1 July - 30 June

@Puerto Rico:Communications

Telephones: 1,166,231 (1992 est.)

Telephone system: modern system, integrated with that of the US by
high-capacity submarine cable and Intelsat with high-speed data
capability
domestic: digital telephone system with about 1 million lines (1990
est.); cellular telephone service
international: satellite earth station - 1 Intelsat; submarine cable
to US

Radio broadcast stations: AM 50, FM 63, shortwave 0

Radios: 2.565 million (1992 est.)

Television broad