Puerto Rico's incentive-decree holders told the government they sold $114.72 billion in goods and services in 2024. The figure sits at the center of the annual incentives report the Department of Economic Development and Commerce (DDEC) submits to the Governor and the Legislature under Section 6011.08 of Law 60-2019, published May 26, 2026.

Manufacturing under the legacy Ley 73/83 decrees accounted for $83.34 billion of the total. Ley 135 manufacturing decree holders added $8.90 billion. Export services companies operating under Act 20 reported $22.48 billion. These are reported sales - the decree holders' own filings, a gross tally of revenue rather than a measure of value added - and the right way to read the number is against, not as, the size of Puerto Rico's whole economy.

The jobs behind those sales are self-reported too, and they are large: 119,439 across the three programs in 2024. Ley 73/83 manufacturers reported 84,474 jobs - 28,472 more than their decrees committed them to, a 50.8 percent overshoot. Ley 135 manufacturers reported 14,028 full-time employees. Act 20 export services firms reported 20,937 jobs. Payroll across the filings adds up to roughly $5.50 billion.

The individual investors holding Act 60 decrees report a different footprint. Resident investors reported 3,505 businesses operating in Puerto Rico, $612.8 million in spending on the island and $8.14 billion in property values. They also reported $33.5 million in donations, with the median positive donation running to $10,000.

The state's answer to self-reported numbers has been more machinery to check them. The IANE - the annual exempt-business return every decree holder files - was expanded from 5 programs to roughly 20, and filings rose 161.4 percent in a single year. In the 2025 audit wave, the incentives office issued 305 deficiency and penalty notices and processed 887 voluntary surrenders of decrees.

The report is blunt about its own calendar: it states the September 30 and January 31 deadlines cannot be met in practice, because decree holders' annual returns are not due until November 15 of the following year. The next deadline is immediate - as Metro noted this week, the IANE filing deadline falls on Monday, November 16, 2026.