Adjusted savings: natural resources depletion in Cuba
Cuba: Adjusted savings: natural resources depletion was 0.7% in 2019. ◆ Volatile
Adjusted savings: natural resources depletion in Cuba, 1970–2019
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Cuba recorded 0.7% for adjusted savings: natural resources depletion in 2019.
Compared with earlier readings it is down 23.4% on the previous year and down 47.2% over ten years.
Over the whole period, adjusted savings: natural resources depletion in Cuba peaked at 3.7% in 2007 and was at its lowest, 0.2%, in 1972.
That places Cuba 109th out of 184 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: natural resources depletion in Cuba, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 0.3% | — |
| 1971 | 0.2% | -15.6% |
| 1972 | 0.2% | -4.8% |
| 1973 | 0.2% | +12.0% |
| 1974 | 0.3% | +24.2% |
| 1975 | 0.4% | +14.8% |
| 1976 | 0.4% | +0.3% |
| 1977 | 0.4% | -1.4% |
| 1978 | 0.3% | -24.4% |
| 1979 | 0.5% | +81.5% |
| 1980 | 0.4% | -15.6% |
| 1981 | 0.4% | +6.2% |
| 1982 | 0.5% | +14.5% |
| 1983 | 0.4% | -20.4% |
| 1984 | 0.4% | -2.1% |
| 1985 | 0.4% | +10.5% |
| 1986 | 0.2% | -42.2% |
| 1987 | 0.3% | +35.4% |
| 1988 | 0.5% | +46.0% |
| 1989 | 0.6% | +17.3% |
| 1990 | 0.5% | -15.3% |
| 1991 | 0.5% | -1.6% |
| 1992 | 0.5% | +15.5% |
| 1993 | 0.5% | -6.9% |
| 1994 | 0.5% | +1.2% |
| 1995 | 0.6% | +10.9% |
| 1996 | 0.9% | +65.6% |
| 1997 | 0.9% | -8.0% |
| 1998 | 0.4% | -50.4% |
| 1999 | 0.5% | +20.1% |
| 2000 | 1.1% | +112.4% |
| 2001 | 0.8% | -29.7% |
| 2002 | 0.7% | -14.3% |
| 2003 | 0.9% | +37.9% |
| 2004 | 1.2% | +29.0% |
| 2005 | 1.1% | -4.0% |
| 2006 | 1.5% | +35.3% |
| 2007 | 3.7% | +140.9% |
| 2008 | 2.3% | -38.4% |
| 2009 | 1.2% | -46.2% |
| 2010 | 1.8% | +42.2% |
| 2011 | 2.1% | +20.1% |
| 2012 | 1.7% | -17.1% |
| 2013 | 1.5% | -15.9% |
| 2014 | 1.3% | -8.8% |
| 2015 | 0.5% | -59.5% |
| 2016 | 0.4% | -24.4% |
| 2017 | 0.5% | +31.0% |
| 2018 | 0.8% | +58.1% |
| 2019 | 0.7% | -23.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3% | 0.2% | 0.5% | 10 |
| 1980s | 0.4% | 0.2% | 0.6% | 10 |
| 1990s | 0.6% | 0.4% | 0.9% | 10 |
| 2000s | 1.5% | 0.7% | 3.7% | 10 |
| 2010s | 1.1% | 0.4% | 2.1% | 10 |
Countries ranked near Cuba
More economy & growth data for Cuba
- Households and NPISHs Final consumption expenditure (current LCU) 46.53 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.5062 current LCU per US$ of GDP (2020)
- Households and NPISHs Final consumption expenditure (current LCU) 89,789 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.1351 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4433 constant 2015 US$ per US$ of GDP (2020)
- Households and NPISHs Final consumption expenditure (constant 2015) 4,443 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 6.87 % change on previous year (2020)
- Final consumption expenditure (current US$), per unit of GDP 0.8947 current US$ per US$ of GDP (2020)
- Final consumption expenditure (current US$), per capita 8,594 current US$ per person (2020)
- Final consumption expenditure (current LCU), annual growth rate 40.33 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: natural resources depletion in Cuba?
- Adjusted savings: natural resources depletion in Cuba was 0.7% in 2019, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: natural resources depletion recorded in Cuba?
- The highest recorded value was 3.7% in 2007.
- What is the lowest adjusted savings: natural resources depletion recorded in Cuba?
- The lowest recorded value was 0.2% in 1972.
- How does Cuba rank for adjusted savings: natural resources depletion?
- Cuba ranks 109th out of 184 countries with data for 2019.
- Is adjusted savings: natural resources depletion rising or falling in Cuba?
- Over the last ten years it is down 47.2%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: natural resources depletion (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime (capped at 25 years). It covers coal, crude oil, and natural gas. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.