Annual growth rate of real GDP per capita (%) in Cuba
Cuba: Annual growth rate of real GDP per capita (%) was -0.7% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Cuba, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Cuba recorded -0.7% for annual growth rate of real gdp per capita in 2024.
Compared with earlier readings it is up 56.2% on the previous year and down 158.3% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Cuba peaked at 11.9% in 2006 and was at its lowest, -10.7%, in 2020.
That places Cuba 197th out of 228 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita (%) in Cuba, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.6% | — |
| 2001 | 2.9% | -48.2% |
| 2002 | 1.1% | -62.1% |
| 2003 | 3.5% | +218.2% |
| 2004 | 5.5% | +57.1% |
| 2005 | 11.0% | +100.0% |
| 2006 | 11.9% | +8.2% |
| 2007 | 7.2% | -39.5% |
| 2008 | 4.1% | -43.1% |
| 2009 | 1.4% | -65.9% |
| 2010 | 2.4% | +71.4% |
| 2011 | 2.8% | +16.7% |
| 2012 | 3.0% | +7.1% |
| 2013 | 2.8% | -6.7% |
| 2014 | 1.2% | -57.1% |
| 2015 | 4.5% | +275.0% |
| 2016 | 0.6% | -86.7% |
| 2017 | 2.0% | +233.3% |
| 2018 | 2.4% | +20.0% |
| 2019 | 0.1% | -95.8% |
| 2020 | -10.7% | -10800.0% |
| 2021 | 1.7% | -115.9% |
| 2022 | 2.3% | +35.3% |
| 2023 | -1.6% | -169.6% |
| 2024 | -0.7% | -56.2% |
Cuba compared with similar countries
- Cuba's -0.7% is below the median for upper middle income countries, which is 2.9%. (55 countries reporting)
- Cuba's -0.7% is below the median for Latin America & Caribbean, which is 2.2%. (38 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -10800.0% | 0.1% | -10.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.4% | 1.1% | 11.9% | 10 |
| 2010s | 2.2% | 0.1% | 4.5% | 10 |
| 2020s | -1.8% | -10.7% | 2.3% | 5 |
Countries ranked near Cuba
- 194 Israel -0.5% compare
- 195 Austria -0.6% compare
- 195 Bolivia (Plurinational State of) -0.6% compare
- 197 South Africa -0.7% compare
- 199 Luxembourg -0.8% compare
- 199 Malawi -0.8% compare
- 199 Mozambique -0.8% compare
More economy & growth data for Cuba
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, US dollar, per capita 0 units per person (2016)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, SDR, per capita 0 units per person (2016)
- IMF holdings of currency, US dollar, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, US dollar, per capita 0 units per person (2016)
- IMF holdings of currency, SDR, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, SDR, per capita 0 units per person (2016)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Cuba?
- Annual growth rate of real gdp per capita in Cuba was -0.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Cuba?
- The highest recorded value was 11.9% in 2006.
- What is the lowest annual growth rate of real gdp per capita recorded in Cuba?
- The lowest recorded value was -10.7% in 2020.
- How does Cuba rank for annual growth rate of real gdp per capita?
- Cuba ranks 197th out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Cuba?
- Over the last ten years it is down 158.3%. 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 rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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