Grim Economic Outlook For Puerto Rico In The Coming Years
- Fitch Solutions expect that emigration to the mainland US and a declining birth rate will see Puerto Rico’s population continue to fall at a rapid pace over the coming years.
- A worsening demographic profile will create a number of economic headwinds, particularly to government finances and Puerto Rico’s attractiveness as an investment destination.
- The rate of emigration will likely accelerate in the near term as economic growth slows, particularly if we see more delays in the distribution of federal aid.
(Source: Fitch Solutions)