Why Puerto Rico | 2018 Retail Market Report WhyPuertoRicoBrochure-High | Page 2

Puerto Rico Puerto Rico, officially known as the Commonwealth of Puerto Rico (Estado Libre Asociado de Puerto Rico), is an unincorporated territory of the United States, located in the northeastern Caribbean, east of the Dominican Republic and west of both the U.S. Virgin Islands and the British Virgin Islands. 3.3 million residents The largest city is San Juan, the island’s capital making it the 46th largest city in USA Puerto Rico is only 100 miles long by 35 miles wide, making it the smallest island of the Greater Antilles. Puerto Rico (Spanish for “rich port”) consists of an archipelago that includes the main island of Puerto Rico and several islands: Vieques, Culebra, Mona and numerous islets. The archipelago is home to 3.337 million people, its capital San Juan harbors almost 418,140 citizens making it the most populated cities in the main island. Combined with nine other municipalities form the Metropolitan Area. There are 78 municipalities to which four of them are considered major cities. The primary languages of Puerto Rico are Spanish and English, Spanish being the dominant language of education and daily life on the island, spoken by over 95% of the population. Public school instruction in Puerto Rico is conducted entirely in Spanish. 2 The second largest city is Bayamon which has 179,565 22% of the total population are Millennials