Annual growth of exports of goods and services in Cuba
Cuba: Annual growth of exports of goods and services was -0.2% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Cuba, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of exports of goods and services in Cuba is -0.2%, measured in 2024.
Compared with earlier readings it is up 96.2% on the previous year and up 91.2% over ten years.
Over the whole period, annual growth of exports of goods and services in Cuba peaked at 47.5% in 2005 and was at its lowest, -20.6%, in 2020.
Cuba ranks 128th of 176 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Cuba, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 14.1% | — |
| 2001 | -3.6% | -125.6% |
| 2002 | -3.8% | +5.6% |
| 2003 | 5.8% | -252.1% |
| 2004 | 19.0% | +229.4% |
| 2005 | 47.5% | +149.5% |
| 2006 | 1.3% | -97.2% |
| 2007 | 13.8% | +945.5% |
| 2008 | 11.6% | -16.2% |
| 2009 | 3.1% | -73.0% |
| 2010 | 13.8% | +342.0% |
| 2011 | 5.5% | -60.4% |
| 2012 | 0.4% | -91.9% |
| 2013 | 1.7% | +295.5% |
| 2014 | -2.8% | -263.2% |
| 2015 | -0.1% | -96.5% |
| 2016 | -19.7% | +19640.0% |
| 2017 | 0.0% | -100.0% |
| 2018 | -2.4% | — |
| 2019 | -4.6% | +95.7% |
| 2020 | -20.6% | +346.7% |
| 2021 | -9.1% | -55.6% |
| 2022 | -2.4% | -73.4% |
| 2023 | -6.6% | +170.8% |
| 2024 | -0.2% | -96.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.9% | -3.8% | 47.5% | 10 |
| 2010s | -0.8% | -19.7% | 13.8% | 10 |
| 2020s | -7.8% | -20.6% | -0.2% | 5 |
Countries ranked near Cuba
- 125 Iraq -0.1% compare
- 126 Netherlands -0.2% compare
- 127 Equatorial Guinea -0.2% compare
- 129 Switzerland -0.3% compare
- 130 Comoros -0.4% compare
- 131 Congo -0.5% compare
More economy & growth data for Cuba
- General government final consumption expenditure (current US$) 25.1 % change on previous year (2020)
- General government final consumption expenditure (current US$), per 0.3885 current US$ per US$ of GDP (2020)
- General government final consumption expenditure (current US$), per 3,731 current US$ per person (2020)
- General government final consumption expenditure (current LCU) 21.52 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3885 current LCU per US$ of GDP (2020)
- General government final consumption expenditure (current LCU), per 24,524 current LCU per person (2024)
- General government final consumption expenditure (constant 2015 US$) -7.43 % change on previous year (2024)
- General government final consumption expenditure (constant 2015 US$) 0.2523 constant 2015 US$ per US$ of GDP (2020)
- General government final consumption expenditure (constant 2015 US$) 2,335 constant 2015 US$ per person (2024)
- Households and NPISHs Final consumption expenditure (current US$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is annual growth of exports of goods and services in Cuba?
- Annual growth of exports of goods and services in Cuba was -0.2% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Cuba?
- The highest recorded value was 47.5% in 2005.
- What is the lowest annual growth of exports of goods and services recorded in Cuba?
- The lowest recorded value was -20.6% in 2020.
- How does Cuba rank for annual growth of exports of goods and services?
- Cuba ranks 128th out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Cuba?
- Over the last ten years it is up 91.2%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).