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
Latest (2024)
-0.7%
Change on year
up 56.2%
World rank
195th
of 226 countries
All-time high
11.9%
in 2006
All-time low
-10.7%
in 2020
Years of data
25
2000–2024
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 195th out of 226 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% |
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
- 192 Israel -0.5% compare
- 193 Austria -0.6% compare
- 193 Bolivia (Plurinational State of) -0.6% compare
- 195 South Africa -0.7% compare
- 197 Luxembourg -0.8% compare
- 197 Malawi -0.8% compare
- 197 Mozambique -0.8% compare
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 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 195th out of 226 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).