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Population Lost: Puerto Rico's Troubling Out-Migration

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Abstract

For the first time in modern history, Puerto Rico is seeing its population decline. This troubling loss can be traced to an exodus of Puerto Rican citizens to the U.S. mainland, a current that has picked up considerably in recent years as Puerto Rico's economy has deteriorated. Today, fully a third of those born in Puerto Rico now reside on the U.S. mainland. In this post, we examine the recent surge in out-migration that is driving Puerto Rico's population decline (which we delve into in more detail in a recent article in the New York Fed's Current Issues in Economics and Finance series), and then discuss measures the Island could adopt to address this troubling trend.

Suggested Citation

  • Jaison R. Abel & Richard Deitz, 2015. "Population Lost: Puerto Rico's Troubling Out-Migration," Liberty Street Economics 20150413, Federal Reserve Bank of New York.
    • Handle: RePEc:fip:fednls:87024
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    Cited by:

    1. Craig Wesley Carpenter, 2016. "The Dynamics Of Latino-Owned Business With Comparisions To Other Ethnicities," Working Papers 16-33, Center for Economic Studies, U.S. Census Bureau.

    More about this item

    Keywords

    population; Puerto Rico; demographics; outmigration;
    All these keywords.

    JEL classification:

    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

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