Annual growth of the general government final consumption expenditure in Cuba
Cuba: Annual growth of the general government final consumption expenditure was -7.4% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Cuba, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of the general government final consumption expenditure in Cuba is -7.4%, measured in 2024.
That represents a change of up 39.8% on the previous year and down 657.3% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Cuba peaked at 15.0% in 2021 and was at its lowest, -12.3%, in 2023.
Cuba ranks 172nd of 181 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Cuba, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.0% | — |
| 2001 | 3.3% | +7.7% |
| 2002 | 4.1% | +26.1% |
| 2003 | 7.3% | +76.3% |
| 2004 | 8.6% | +17.5% |
| 2005 | 10.4% | +21.5% |
| 2006 | 7.9% | -24.1% |
| 2007 | 10.5% | +32.7% |
| 2008 | 2.6% | -75.6% |
| 2009 | 1.7% | -32.5% |
| 2010 | 2.3% | +30.7% |
| 2011 | -1.2% | -151.6% |
| 2012 | -0.6% | -45.1% |
| 2013 | 0.8% | -219.1% |
| 2014 | -1.0% | -228.9% |
| 2015 | 0.0% | -104.6% |
| 2016 | -0.2% | -568.8% |
| 2017 | 2.2% | -1118.0% |
| 2018 | 1.3% | -40.3% |
| 2019 | 3.9% | +201.8% |
| 2020 | -10.1% | -356.9% |
| 2021 | 15.0% | -248.5% |
| 2022 | 1.5% | -90.1% |
| 2023 | -12.3% | -933.6% |
| 2024 | -7.4% | -39.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.9% | 1.7% | 10.5% | 10 |
| 2010s | 0.7% | -1.2% | 3.9% | 10 |
| 2020s | -2.7% | -12.3% | 15.0% | 5 |
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 annual growth of the general government final consumption expenditure in Cuba?
- Annual growth of the general government final consumption expenditure in Cuba was -7.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Cuba?
- The highest recorded value was 15.0% in 2021.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Cuba?
- The lowest recorded value was -12.3% in 2023.
- How does Cuba rank for annual growth of the general government final consumption expenditure?
- Cuba ranks 172nd out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Cuba?
- Over the last ten years it is down 657.3%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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