Cuba vs Latin America & the Caribbean (IDA & IBRD countries): Inflation, GDP deflator

Cuba
32.2%
in 2024
Latin America & the Caribbean (IDA & IBRD countries)
4.3%
in 2025
Cuba rank
9th
Latin America & the Caribbean (IDA & IBRD countries) rank
10th

Inflation, GDP deflator over time

  • Cuba
  • Latin America & the Caribbean (IDA & IBRD countries)
0100200300400196119932025

How they compare

Cuba currently reports 32.2% against 4.3% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 27.9%.

That makes Cuba's figure about 7.4 times Latin America & the Caribbean (IDA & IBRD countries)'s.

The two have swapped places 12 times across 54 shared years of data; in 1971 it was Cuba ahead.

Cuba ranks 9th and Latin America & the Caribbean (IDA & IBRD countries) ranks 10th of 214 countries.

Across the 6 decades both report, Cuba averaged higher in 1 and Latin America & the Caribbean (IDA & IBRD countries) in 5.

Head to head by decade

Decade Cuba Latin America & the Caribbean (IDA & IBRD countries) Difference Ahead
1970s 5.2% 13.0% 7.8% Latin America & the Caribbean (IDA & IBRD countries)
1980s 0.1% 11.7% 11.6% Latin America & the Caribbean (IDA & IBRD countries)
1990s 5.8% 9.7% 3.8% Latin America & the Caribbean (IDA & IBRD countries)
2000s 2.5% 5.9% 3.4% Latin America & the Caribbean (IDA & IBRD countries)
2010s 3.1% 3.6% 0.5% Latin America & the Caribbean (IDA & IBRD countries)
2020s 99.6% 4.6% 95.0% Cuba

Averages of every year both report within each decade.

Frequently asked questions

Which has higher inflation, gdp deflator, Cuba or Latin America & the Caribbean (IDA & IBRD countries)?
Cuba, at 32.2% against 4.3% in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
What is the difference in inflation, gdp deflator between Cuba and Latin America & the Caribbean (IDA & IBRD countries)?
27.9%, with Cuba ahead.
How many years of comparable data are there for Cuba and Latin America & the Caribbean (IDA & IBRD countries)?
54 years are reported by both, from 1971 to 2024.
How do Cuba and Latin America & the Caribbean (IDA & IBRD countries) rank globally for inflation, gdp deflator?
Cuba ranks 9th and Latin America & the Caribbean (IDA & IBRD countries) ranks 10th of 214 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Inflation, GDP deflator (annual %). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cuba vs Latin America & the Caribbean (IDA & IBRD countries): Inflation, GDP deflator. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 16 September 2026, from https://economy.statizoid.com/compare/inflation-gdp-deflator-annual-percent/cuba/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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About this data

Indicator
Inflation, GDP deflator (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
262 places, 14,243 data points, 1961–2025
Last refreshed

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.