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 186 countries on this measure, in the top quarter.
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 | current LCU | Change |
|---|---|---|
| 1970 | 28.68 million current LCU | — |
| 1971 | 35.24 million current LCU | +22.9% |
| 1972 | 39.15 million current LCU | +11.1% |
| 1973 | 40.60 million current LCU | +3.7% |
| 1974 | 44.14 million current LCU | +8.7% |
| 1975 | 57.93 million current LCU | +31.2% |
| 1976 | 61.01 million current LCU | +5.3% |
| 1977 | 56.78 million current LCU | -6.9% |
| 1978 | 57.28 million current LCU | +0.9% |
| 1979 | 54.36 million current LCU | -5.1% |
| 1980 | 128.18 million current LCU | +135.8% |
| 1981 | 87.23 million current LCU | -31.9% |
| 1982 | 34.72 million current LCU | -60.2% |
| 1983 | 17.88 million current LCU | -48.5% |
| 1984 | 41.59 million current LCU | +132.6% |
| 1985 | 727.01 million current LCU | +1648.2% |
| 1986 | -270.74 million current LCU | -137.2% |
| 1987 | -285.10 million current LCU | +5.3% |
| 1988 | -85.86 million current LCU | -69.9% |
| 1989 | 150.34 million current LCU | -275.1% |
| 1990 | 61.74 million current LCU | -58.9% |
| 1991 | -1.54 billion current LCU | -2589.9% |
| 1992 | -1.48 billion current LCU | -3.6% |
| 1993 | -1.21 billion current LCU | -18.6% |
| 1994 | -621.41 million current LCU | -48.5% |
| 1995 | -176.32 million current LCU | -71.6% |
| 1996 | 1.06 billion current LCU | -700.0% |
| 1997 | 814.00 million current LCU | -23.1% |
| 1998 | 276.00 million current LCU | -66.1% |
| 1999 | 72.00 million current LCU | -73.9% |
| 2000 | 192.00 million current LCU | +166.7% |
| 2001 | 215.00 million current LCU | +12.0% |
| 2002 | 15.00 million current LCU | -93.0% |
| 2003 | 108.00 million current LCU | +620.0% |
| 2004 | 124.60 million current LCU | +15.4% |
| 2005 | 773.20 million current LCU | +520.5% |
| 2006 | 700.00 million current LCU | -9.5% |
| 2007 | 289.70 million current LCU | -58.6% |
| 2008 | 2.44 billion current LCU | +743.3% |
| 2009 | 1.40 billion current LCU | -42.5% |
| 2010 | 918.00 million current LCU | -34.6% |
| 2011 | 524.00 million current LCU | -42.9% |
| 2012 | 595.00 million current LCU | +13.5% |
| 2013 | 887.00 million current LCU | +49.1% |
| 2014 | 248.00 million current LCU | -72.0% |
| 2015 | 650.00 million current LCU | +162.1% |
| 2016 | 684.00 million current LCU | +5.2% |
| 2017 | 410.00 million current LCU | -40.1% |
| 2018 | 587.00 million current LCU | +43.2% |
| 2019 | 293.00 million current LCU | -50.1% |
| 2020 | 65.00 million current LCU | -77.8% |
| 2021 | 72.58 billion current LCU | +111558.5% |
| 2022 | 43.11 billion current LCU | -40.6% |
| 2023 | 71.00 billion current LCU | +64.7% |
| 2024 | 124.29 billion current LCU | +75.1% |
Cuba compared with similar countries
- Cuba's 124.29 billion current LCU is above the median for upper middle income countries, which is 1.31 billion current LCU, 95.2× the median. (55 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 |
|---|---|---|---|
| 2021 | +111558.5% | 65.00 million current LCU | 72.58 billion current LCU |
| 1991 | -2589.9% | 61.74 million current LCU | -1.54 billion current LCU |
| 1985 | +1648.2% | 41.59 million current LCU | 727.01 million current LCU |
| 2008 | +743.3% | 289.70 million current LCU | 2.44 billion current LCU |
| 1996 | +700.0% | -176.32 million current LCU | 1.06 billion current LCU |
| 2003 | +620.0% | 15.00 million current LCU | 108.00 million current LCU |
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
- 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 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 186 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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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.