Changes in inventories in Cuba
Cuba: Changes in inventories was 124.29 billion current LCU in 2024. ◆ Volatile
Changes in inventories in Cuba, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, changes in inventories in Cuba stood at 124.29 billion current LCU. That is the highest value across all 55 years on record.
That represents a change of up 75.1% on the previous year and up 50,016.1% over ten years.
Over the whole period, changes in inventories in Cuba peaked at 124.29 billion current LCU in 2024 and was at its lowest, -1.54 billion current LCU, in 1991.
Cuba ranks 31st of 185 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 47.52 million current LCU | 28.68 million current LCU | 61.01 million current LCU | 10 |
| 1980s | 54.52 million current LCU | -285.10 million current LCU | 727.01 million current LCU | 10 |
| 1990s | -274.06 million current LCU | -1.54 billion current LCU | 1.06 billion current LCU | 10 |
| 2000s | 626.45 million current LCU | 15.00 million current LCU | 2.44 billion current LCU | 10 |
| 2010s | 579.60 million current LCU | 248.00 million current LCU | 918.00 million current LCU | 10 |
| 2020s | 62.21 billion current LCU | 65.00 million current LCU | 124.29 billion current LCU | 5 |
Countries ranked near Cuba
More economy & growth data for Cuba
- External balance on goods and services as a percent of GDP -39.9% (2024)
- GDP per capita 7,381 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 10.7% (2024)
- Gross domestic product (GDP) 81.05 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 7,381 constant 2015 US$ (2024)
- DEC alternative conversion factor 1 LCU per US$ (2020)
- Net secondary income (Net current transfers from abroad) 1.89 billion current LCU (2019)
- Net secondary income (Net current transfers from abroad) 1.89 billion current US$ (2019)
- Taxes less subsidies on products 16.49 billion current LCU (2024)
- Taxes less subsidies on products 762.00 million current US$ (2020)
Frequently asked questions
- What is changes in inventories in Cuba?
- Changes in inventories in Cuba was 124.29 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest changes in inventories recorded in Cuba?
- The highest recorded value was 124.29 billion current LCU in 2024.
- What is the lowest changes in inventories recorded in Cuba?
- The lowest recorded value was -1.54 billion current LCU in 1991.
- How does Cuba rank for changes in inventories?
- Cuba ranks 31st out of 185 countries with data for 2024.
- Is changes in inventories rising or falling in Cuba?
- Over the last ten years it is up 50,016.1%. 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 Offices (NSOs), published as part of Changes in inventories (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.