Changes in inventories in Cuba
Cuba: Changes in inventories was 38.00 million constant LCU in 2024. ◆ Volatile
Changes in inventories in Cuba, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, changes in inventories in Cuba stood at 38.00 million constant LCU. That is the lowest value across all 55 years on record.
The figure is down 40.6% on the previous year and down 89.5% over ten years.
Over the whole period, changes in inventories in Cuba peaked at 2.28 billion constant LCU in 1985 and was at its lowest, 38.00 million constant LCU, in 2024.
That places Cuba 72nd out of 118 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories in Cuba, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 899.20 million constant LCU | — |
| 1971 | 976.71 million constant LCU | +8.6% |
| 1972 | 1.02 billion constant LCU | +4.8% |
| 1973 | 1.06 billion constant LCU | +3.4% |
| 1974 | 1.07 billion constant LCU | +0.9% |
| 1975 | 1.17 billion constant LCU | +9.7% |
| 1976 | 1.24 billion constant LCU | +5.5% |
| 1977 | 1.34 billion constant LCU | +8.4% |
| 1978 | 1.42 billion constant LCU | +6.3% |
| 1979 | 1.44 billion constant LCU | +1.0% |
| 1980 | 1.39 billion constant LCU | -3.2% |
| 1981 | 1.66 billion constant LCU | +18.8% |
| 1982 | 1.77 billion constant LCU | +6.9% |
| 1983 | 1.85 billion constant LCU | +4.7% |
| 1984 | 2.02 billion constant LCU | +8.9% |
| 1985 | 2.28 billion constant LCU | +13.1% |
| 1986 | 2.01 billion constant LCU | -11.8% |
| 1987 | 1.81 billion constant LCU | -10.1% |
| 1988 | 1.99 billion constant LCU | +9.8% |
| 1989 | 2.19 billion constant LCU | +10.1% |
| 1990 | 2.11 billion constant LCU | -3.6% |
| 1991 | 1.68 billion constant LCU | -20.5% |
| 1992 | 984.36 million constant LCU | -41.3% |
| 1993 | 700.32 million constant LCU | -28.9% |
| 1994 | 506.74 million constant LCU | -27.6% |
| 1995 | 531.07 million constant LCU | +4.8% |
| 1996 | 727.92 million constant LCU | +37.1% |
| 1997 | 813.66 million constant LCU | +11.8% |
| 1998 | 274.30 million constant LCU | -66.3% |
| 1999 | 108.70 million constant LCU | -60.4% |
| 2000 | 179.67 million constant LCU | +65.3% |
| 2001 | 314.82 million constant LCU | +75.2% |
| 2002 | 213.70 million constant LCU | -32.1% |
| 2003 | 97.80 million constant LCU | -54.2% |
| 2004 | 297.00 million constant LCU | +203.7% |
| 2005 | 790.30 million constant LCU | +166.1% |
| 2006 | 299.00 million constant LCU | -62.2% |
| 2007 | 304.00 million constant LCU | +1.7% |
| 2008 | 1.18 billion constant LCU | +289.1% |
| 2009 | 182.00 million constant LCU | -84.6% |
| 2010 | 311.00 million constant LCU | +70.9% |
| 2011 | 540.00 million constant LCU | +73.6% |
| 2012 | 645.00 million constant LCU | +19.4% |
| 2013 | 532.00 million constant LCU | -17.5% |
| 2014 | 363.00 million constant LCU | -31.8% |
| 2015 | 597.00 million constant LCU | +64.5% |
| 2016 | 716.00 million constant LCU | +19.9% |
| 2017 | 467.00 million constant LCU | -34.8% |
| 2018 | 373.00 million constant LCU | -20.1% |
| 2019 | 316.00 million constant LCU | -15.3% |
| 2020 | 120.00 million constant LCU | -62.0% |
| 2021 | 75.00 million constant LCU | -37.5% |
| 2022 | 70.00 million constant LCU | -6.7% |
| 2023 | 64.00 million constant LCU | -8.6% |
| 2024 | 38.00 million constant LCU | -40.6% |
Cuba compared with similar countries
- Cuba's 38.00 million constant LCU is below the median for upper middle income countries, which is 3.23 billion constant LCU, 1% of the median. (37 countries reporting)
- Cuba's 38.00 million constant LCU is below the median for Latin America & Caribbean, which is 425.04 million constant LCU, 9% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories 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 |
|---|---|---|---|
| 2008 | +289.1% | 304.00 million constant LCU | 1.18 billion constant LCU |
| 2004 | +203.7% | 97.80 million constant LCU | 297.00 million constant LCU |
| 2005 | +166.1% | 297.00 million constant LCU | 790.30 million constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.16 billion constant LCU | 899.20 million constant LCU | 1.44 billion constant LCU | 10 |
| 1980s | 1.90 billion constant LCU | 1.39 billion constant LCU | 2.28 billion constant LCU | 10 |
| 1990s | 843.24 million constant LCU | 108.70 million constant LCU | 2.11 billion constant LCU | 10 |
| 2000s | 386.13 million constant LCU | 97.80 million constant LCU | 1.18 billion constant LCU | 10 |
| 2010s | 486.00 million constant LCU | 311.00 million constant LCU | 716.00 million constant LCU | 10 |
| 2020s | 73.40 million constant LCU | 38.00 million constant LCU | 120.00 million constant LCU | 5 |
Countries ranked near Cuba
- 69 Kosovo 55.79 million constant LCU compare
- 69 Kosovo (UNSCR 1244) 55.79 million constant LCU compare
- 71 Brunei 39.62 million constant LCU compare
- 73 Tajikistan 12.49 million constant LCU compare
- 74 Sao Tome and Principe 5.29 million constant LCU compare
- 75 Kiribati 5.05 million constant LCU 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 changes in inventories in Cuba?
- Changes in inventories in Cuba was 38.00 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Cuba?
- The highest recorded value was 2.28 billion constant LCU in 1985.
- What is the lowest changes in inventories recorded in Cuba?
- The lowest recorded value was 38.00 million constant LCU in 2024.
- How does Cuba rank for changes in inventories?
- Cuba ranks 72nd out of 118 countries with data for 2024.
- Is changes in inventories rising or falling in Cuba?
- Over the last ten years it is down 89.5%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Changes in inventories (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.