Economy of Puerto Rico

the Leading position in economy of Puerto Rico is occupied with the American companies. 80 % of all firms, registrirovannyh on island are branches of the American corporations. The leading place belongs to firms Vestingauz, Dzheneral the electrician, Johnson and Johnson. Authorities of Puerto Rico try to involve the foreign capital by means of tax privileges. The economically active population compounds over one million persons, of them 3 % it is occupied in agriculture, 16 % - in the industry, in building and on transport, 60 % - in trade and a service trade. The high level of unemployment saved throughout much decades forces many Puerto-Ricans to emigration in the USA.

In the industry of Puerto Rico the factories of the oil refining and chemical industry which supply 40  predominate; % of cost of export. The oil refining factories which have been had in JAbukoa and Bayamon work on import petroleum (mainly from Venezuela). Besides the petrochemical industry in Puerto Rico the factories himiko-pharmaceutical, radio-electronic, easy, pishchevkusovoj the industries act.

Traditionally the sugarcane, but recently its significance was a leading crop in agriculture always drops. Crisis and a tobacco raising worries. On island cultivate also coffee, pineapples, a yams, a batatas, bananas. The most important and dynamically educing sector of agriculture - animal husbandry which supplies 60 % of cost of agrarian effecting. The marine trade - fishing and molluscums educes.

The Railway in the extent 96  km, it has been laid for service of plantations of a sugarcane. On island of 9 seaports (the main things from them - San Juan, Majagues, Ponce), two international airports - in San Juan and Aguadile. The basic foreign trade partner - the USA (more 70 % of export and 50  import %), except them from Puerto Rico Japan, Venezuela, Dominican republic actively trade. Despite an export trade surplus of money, Puerto Rico has multi-billion external debts.

In the country the tourist sphere is well educed, in a year island attend about two million tourists (three quarters from them Americans, the others - from Canada, Spain, Dominican republic, Venezuela, Mexico). In the capacity of monetary unit to Puerto Rico use US dollar.