Forces for National
Liberation (FALN); Volunteers of the Puerto Rican Revolution; Boricua
Popular Army (also known as the Macheteros); Armed Forces of Popular
Resistance
International organization participation: Caricom (observer), ECLAC
(associate), FAO (associate), ICFTU, Interpol (subbureau), IOC, WCL,
WFTU, WHO (associate), WToO (associate)
Diplomatic representation in the US: none (commonwealth associated
with the US)
Diplomatic representation from the US: none (commonwealth associated
with the US)
Flag description: five equal horizontal bands of red (top and bottom)
alternating with white; a blue isosceles triangle based on the hoist
side bears a large white five-pointed star in the center; design based
on the US flag
@Puerto Rico:Economy
Economy-overview: Puerto Rico has one of the most dynamic economies in
the Caribbean region. A diverse industrial sector has surpassed
agriculture as the primary locus of economic activity and income.
Encouraged 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 4
million tourists in 1993. The construction sector has been a key
factor in recent economic growth.
GDP: purchasing power parity-$32.9 billion (1997 est.)
GDP-real growth rate: 3% (1997 est.)
GDP-per capita: purchasing power parity-$8,600 (1997 est.)
GDP-composition by sector:
agriculture: NA%
industry: NA%
services: NA%
Inflation rate-consumer price index: 5.5% (1997 est.)
Labor force:
total: 1.3 million (1996)
by occupation: government 19%, manufacturing 13%, trade 17%,
construction 5%, other 32%, unemployed 14% (1996)
Unemployment rate: 13% (FY96/97 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: 4.465 million kW (1995)
Electricity-production: 17.34 billion kWh (1995)
Electricity-consumption per capita: 4,548 kWh (1995)
Agriculture-products: livestock products, chickens; sugarcane, coffee,
pineapples, plantains, bananas
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