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The monthly minimum wage in Puerto Rico depends on the respective industry. When it comes to consumer prices, the inflation rate in Puerto Rico is 0.9%. The currency of Puerto Rico is the US dollar. The US Dollar is one of the major currencies in the world and is used in several territories besides the United States, including Puerto Rico, Guam and the US Virgin Islands. The US dollar is a stable currency that can be relied upon for investment opportunities. The plural form of the word US dollar is dollars. The symbol used for this currency is $ and is abbreviated to USD. The US dollar is divided into cents; there are 100 in a dollar. Consumers spend around $5,847 million every year. The ratio of consumer spending to GDP in Puerto Rico is 0.01% and the ratio of consumer spending to world consumer market is 1.69%. The corporate income tax in Puerto Rico is 20%. Personal income tax ranges from 16% to 33.34% depending on your specific situation and income level. Sales tax in Puerto Rico is 11.5% and is known as the sales and use tax.

Gross domestic product
The total Gross Domestic Product (GDP) valued at Purchasing Power Parity (PPP) in Puerto Rico is US$127 billion. Gross Domestic Product (GDP) measured as Purchasing Power Parity (PPP) per capita in Puerto Rico was last recorded at $34,709. PPP in Puerto Rico is considered very good compared to other countries. A very good PPP shows that citizens in this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good PPP are safe investment locations. The total gross domestic product (GDP) in Puerto Rico is 105.149 billion. Based on this statistic, Puerto Rico is considered moderately strong. Middle economy countries support an average number of industries and investment opportunities. It shouldn't be too difficult to find worthwhile investment opportunities in mid-sized economies. Gross domestic product (GDP) per capita in Puerto Rico was last seen at $28,737,032. The average citizen of Puerto Rico has very high net worth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. Highly skilled labor can be found in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual growth rate of GDP in Puerto Rico averaged -5.8% in 2014. According to this percentage, Puerto Rico is currently experiencing a significant decline. Countries experiencing significant declines could see dramatic declines in personal consumption, employment rates and personal income. A significant drop in GDP should warn investors that this location is high risk and should not be considered a safe place to invest.