Cuba vs Luxembourg: Gross value added at basic prices (GVA)

Cuba
50.41 billion constant LCU
in 2024
Luxembourg
62.21 billion constant LCU
in 2025
Cuba rank
143rd
Luxembourg rank
140th

Gross value added at basic prices (GVA) over time

  • Cuba
  • Luxembourg
10.0B20.0B30.0B40.0B50.0B60.0B197019972025

How they compare

Luxembourg currently reports 62.21 billion constant LCU against 50.41 billion constant LCU in Cuba, a difference of 11.81 billion constant LCU.

That makes Luxembourg's figure about 1.2 times Cuba's.

The two have swapped places 2 times across 30 shared years of data; in 1995 it was Luxembourg ahead.

Cuba ranks 143rd and Luxembourg ranks 140th of 198 countries.

Luxembourg has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Cuba Luxembourg Difference Ahead
1990s 24.71 billion constant LCU 30.00 billion constant LCU 5.29 billion constant LCU Luxembourg
2000s 36.04 billion constant LCU 41.84 billion constant LCU 5.80 billion constant LCU Luxembourg
2010s 52.39 billion constant LCU 52.91 billion constant LCU 513.72 million constant LCU Luxembourg
2020s 50.89 billion constant LCU 61.40 billion constant LCU 10.52 billion constant LCU Luxembourg

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), Cuba or Luxembourg?
Luxembourg, at 62.21 billion constant LCU against 50.41 billion constant LCU in Cuba as of 2025.
What is the difference in gross value added at basic prices (gva) between Cuba and Luxembourg?
11.81 billion constant LCU, with Luxembourg ahead.
How many years of comparable data are there for Cuba and Luxembourg?
30 years are reported by both, from 1995 to 2024.
How do Cuba and Luxembourg rank globally for gross value added at basic prices (gva)?
Cuba ranks 143rd and Luxembourg ranks 140th of 198 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cuba vs Luxembourg: Gross value added at basic prices (GVA). Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 22 September 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-constant-lcu/cuba/luxembourg/

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About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 8,364 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.