The number of post-secondary graduates in creative disciplines is decreasing

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IEPR
22 December 2025

The number of post-secondary graduates in creative disciplines is decreasing

According to the Puerto Rico Creative Industries Report 2020 from the Puerto Rico Institute of Statistics

April 21, 2023. A decline in the number of post-secondary graduates in creative disciplines is part of the data presented in the Creative Industries Report in Puerto Rico 2020 published by the Puerto Rico Institute of Statistics. This report collects social, economic and labor indicators for the development of creative industries in Puerto Rico. In this sixth edition, in addition to multiple economic and demographic indicators, post-secondary education indicators are included as a means of establishing a profile on the input of human capital to this commercial and industrial sector.

“The year 2020 was one where all economic and social activities were affected by isolation measures as a result of the COVID-19 pandemic. The creative industries were no exception,” said Dr. Francisco Pesante, lead author of the study, who explained that, for this reason, this report shows, among others, data related to post-secondary graduates in creative disciplines that totaled 1,963 people, which represents a decrease compared to previous years (2,210 in 2019; 2,453 in 2018).

The Puerto Rico Creative Industries Report 2020 details the following aspects: Number of graduates by level of post-secondary education; Number of establishments by number of employees; Number of registered establishments by industrial sector; Number of registered employees and distribution by sex by Creative Industry; Average annual wage by specific industry; Average annual salary of some creative occupations per year; Ratio of creative establishments per population in municipalities and Value of imports and exports of creative industries.

The scope of this report, Pesante reported, is limited to data sets where standardized industrial or occupational coding systems are used. As for economic indicators, the data handled are limited to establishments with people on the payroll. Therefore, this report does not include data on people who are self-employed, nor does it include data on people who work voluntarily or did not report their creative activities as their main source of income.

As a summary, the Puerto Rico Creative Industries Report 2020 presents the following data:

  1. Post-secondary graduates in creative disciplines totaled 1,963 people. Graphic Design (14.7%), Computer Science (12.3%) and Digital Graphic Design (11.3%) were the disciplines with the highest number of graduates.
  2. The total number of creative establishments ranged from 1,844, according to U.S. Census Bureau, County Business Patterns (CBP) and 2,019 establishments according to the U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages). 67.3% correspond to establishments with 1 to 4 employees (CBP). In this area, companies dedicated to Computer System Design (10.3%), Advertising Agencies (9.8%) and Computer Programming Services (9.3%) dominated.
  3. The number of employees in creative industries totaled 15,818, mainly employed as Computer Programming Services (15.9%), Computer Systems Design (14.1%) and Newspaper Publishing (11.0%).
  4. The profession with the most equitable distribution by sex was the Souvenir, Gift or Novelty Stores sector (with 54.6% occupied by women and 45.4% by men).
  5. The highest average salaries were reported by Software Publishing occupations ($151,073). As for average salaries for creative occupations, the maximum value corresponds to Architects, except landscape designers ($52,990), while the minimum wage includes library assistants ($18,920).
  6. At the island level, Puerto Rico registered a rate of 6.13 establishments dedicated to creative activities, per 10,000 inhabitants. Seven municipalities did not register establishments with people on the payroll, dedicated to creative activities. The municipality with the lowest rate per 10,000 inhabitants was Loíza with 0.42, while San Juan had the highest concentration, with 24.7 establishments per 10,000 inhabitants.
  7. The value of imports of goods classified under the creative sectors exceeded exports, with a negative trade balance of $184,870.354 million for Puerto Rico.

Dr. Orville M. Disdier, Executive Director, explained that the main objective of this report is to offer both the government of Puerto Rico and all citizens a tool to enrich knowledge about the creative economy in Puerto Rico and thus promote the economic development of this sector. “Through the Creative Industries Report 2020, we can understand the economic value of creativity and innovation in Puerto Rico. Having these data and statistics is crucial for economic development and for harnessing the full potential of creative industries in Puerto Rico's recovery and growth.”

The Puerto Rico Creative Industries Report 2020 is available at: Creative Industries 2020

You can also access a Dashboard, where some of the data presented in this report are collected, through the following link https://bit.ly/3UPckEd.

The Puerto Rico Statistics Institute is a governmental entity in the executive branch, with fiscal and administrative autonomy, whose main purpose is to ensure that Puerto Rico has complete, reliable statistics that are quickly and universally accessible. To learn more about the Institute of Statistics, you can access the website: www.estadisticas.pr. On social media through Facebook (@estadisticas .pr), Twitter (@EstadisticasPR), Instagram (@institutodeestadisticas) and LinkedIn (Institute of Statistics of Puerto Rico) accounts.

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Statistics Institute presents a tool that allows a historical analysis of banking performance in Puerto Rico

San Juan, Puerto Rico. June 4, 2025. The Puerto Rico Statistics Institute (Institute) published a new interactive dashboard that presents key financial indicators for banking institutions operating in Puerto Rico and that are regulated by the Federal Deposit Insurance Corporation (FDIC). This tool consolidates historical data from 2001 to the present, incorporating the most recent data available, corresponding to the first quarter of 2025.

The dashboard integrates a set of eighteen (18) financial indicators presented in the form of ratios, grouped into two main categories: performance indicators (Performance Ratios) and financial condition indicators (Condition Ratios). A financial ratio is a measure that relates two numerical variables, providing a standardized indicator that facilitates comparative analysis over time and between different entities. Currently, the dashboard includes information from six (6) banking institutions operating in Puerto Rico under FDIC regulation.

Among the Performance Ratios What is included in the dashboard are: Yield on Earning Assets, Cost of Funding Earning Assets, Net Interest Margin, Noninterest Income to Average Assets, Noninterest Expense to Average Assets, Return on Assets (ROA), Return on Equity (ROE), Loan and Lease Loss Provision to Net Charge-Offs, and Earning Coverage of Net Loan Charge-Offs.

As for the Condition Ratios, the dashboard presents: Earning Assets to Total Assets, Loss Allowance to Noncurrent Loans and Leases, Noncurrent Loans to Loans, Net Loans and Leases to Deposits, Net Loans and Leases to Core Deposits, Leverage (Core Capital) Ratio, Common Equity Tier 1 Capital Ratio, Tier 1 Risk-Based Capital Ratio, and Total Risk-Based Capital Ratio.

As part of the analytical value provided by this tool, the Institute has developed the calculation of the industry average for each of the indicators included in the dashboard. This average provides an essential statistical reference framework for understanding the aggregate behavior of the sector and allows us to evaluate each institution in relation to the market in which it operates. This facilitates comparative analysis and monitoring of trends in the Puerto Rican banking industry.

“One of the fundamental contributions of this dashboard is to consolidate an extensive and continuous historical series, which allows us to identify structural trends and cycles in the banking industry. This long-term perspective is essential to understand the evolution of Puerto Rico's financial environment and to support more robust economic analyses,” said Dr. Ronald G. Hernández Maldonado, Manager of Statistical Projects at the Institute.

The dashboard is available in the Special Projects section of the Puerto Rico Institute of Statistics portal, under the name of “Financial Indicators-Banks” or through the following direct link: VVisualizing Financial Indicators - Banks.

The Puerto Rico Statistics Institute is an autonomous governmental entity responsible for coordinating the Government's statistical production service to ensure that the data collection and statistics systems, on which public policies are based, are complete, reliable, and have quick and universal access. For more information you can write to preguntas@estadisticas.pr. They can also follow social networks through Facebook (@estadisticas .pr), X (@EstadisticasPR), LinkedIn (Institute of Statistics of Puerto Rico) and Instagram (@institutodeestadisticas) accounts.