Changes in inventories (current US$) in Cuba
Cuba: Changes in inventories (current US$) was 65.00 million current US$ in 2020. ◆ Volatile
Changes in inventories in Cuba, 1970–2020
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2020, changes in inventories in Cuba stood at 65.00 million current US$.
That represents a change of down 77.8% on the previous year and down 92.4% over ten years.
Over the whole period, changes in inventories in Cuba peaked at 2.26 billion current US$ in 2008 and was at its lowest, -2.10 billion current US$, in 1991.
That places Cuba 103rd out of 186 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories (current US$) in Cuba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 28.68 million current US$ | — |
| 1971 | 35.24 million current US$ | +22.9% |
| 1972 | 41.08 million current US$ | +16.6% |
| 1973 | 48.97 million current US$ | +19.2% |
| 1974 | 53.83 million current US$ | +9.9% |
| 1975 | 70.65 million current US$ | +31.2% |
| 1976 | 74.31 million current US$ | +5.2% |
| 1977 | 68.41 million current US$ | -7.9% |
| 1978 | 74.40 million current US$ | +8.8% |
| 1979 | 74.47 million current US$ | +0.1% |
| 1980 | 178.03 million current US$ | +139.1% |
| 1981 | 105.10 million current US$ | -41.0% |
| 1982 | 40.85 million current US$ | -61.1% |
| 1983 | 20.81 million current US$ | -49.1% |
| 1984 | 47.34 million current US$ | +127.5% |
| 1985 | 793.76 million current US$ | +1576.8% |
| 1986 | -324.86 million current US$ | -140.9% |
| 1987 | -362.59 million current US$ | +11.6% |
| 1988 | -113.27 million current US$ | -68.8% |
| 1989 | 192.66 million current US$ | -270.1% |
| 1990 | 82.09 million current US$ | -57.4% |
| 1991 | -2.10 billion current US$ | -2655.5% |
| 1992 | -2.00 billion current US$ | -4.6% |
| 1993 | -1.63 billion current US$ | -18.6% |
| 1994 | -839.74 million current US$ | -48.5% |
| 1995 | -225.10 million current US$ | -73.2% |
| 1996 | 1.06 billion current US$ | -570.0% |
| 1997 | 814.00 million current US$ | -23.1% |
| 1998 | 276.00 million current US$ | -66.1% |
| 1999 | 72.00 million current US$ | -73.9% |
| 2000 | 192.00 million current US$ | +166.7% |
| 2001 | 215.00 million current US$ | +12.0% |
| 2002 | 15.00 million current US$ | -93.0% |
| 2003 | 108.00 million current US$ | +620.0% |
| 2004 | 124.60 million current US$ | +15.4% |
| 2005 | 773.20 million current US$ | +520.5% |
| 2006 | 648.15 million current US$ | -16.2% |
| 2007 | 268.24 million current US$ | -58.6% |
| 2008 | 2.26 billion current US$ | +743.3% |
| 2009 | 1.30 billion current US$ | -42.5% |
| 2010 | 850.00 million current US$ | -34.6% |
| 2011 | 524.00 million current US$ | -38.4% |
| 2012 | 595.00 million current US$ | +13.5% |
| 2013 | 887.00 million current US$ | +49.1% |
| 2014 | 248.00 million current US$ | -72.0% |
| 2015 | 650.00 million current US$ | +162.1% |
| 2016 | 684.00 million current US$ | +5.2% |
| 2017 | 410.00 million current US$ | -40.1% |
| 2018 | 587.00 million current US$ | +43.2% |
| 2019 | 293.00 million current US$ | -50.1% |
| 2020 | 65.00 million current US$ | -77.8% |
Cuba compared with similar countries
- Cuba's 65.00 million current US$ is below the median for upper middle income countries, which is 259.88 million current US$, 25% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories (current US$) 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 |
|---|---|---|---|
| 1991 | -2655.5% | 82.09 million current US$ | -2.10 billion current US$ |
| 1985 | +1576.8% | 47.34 million current US$ | 793.76 million current US$ |
| 2008 | +743.3% | 268.24 million current US$ | 2.26 billion current US$ |
| 2003 | +620.0% | 15.00 million current US$ | 108.00 million current US$ |
| 1996 | +570.0% | -225.10 million current US$ | 1.06 billion current US$ |
| 2005 | +520.5% | 124.60 million current US$ | 773.20 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 57.00 million current US$ | 28.68 million current US$ | 74.47 million current US$ | 10 |
| 1980s | 57.78 million current US$ | -362.59 million current US$ | 793.76 million current US$ | 10 |
| 1990s | -449.24 million current US$ | -2.10 billion current US$ | 1.06 billion current US$ | 10 |
| 2000s | 590.62 million current US$ | 15.00 million current US$ | 2.26 billion current US$ | 10 |
| 2010s | 572.80 million current US$ | 248.00 million current US$ | 887.00 million current US$ | 10 |
| 2020s | 65.00 million current US$ | 65.00 million current US$ | 65.00 million current US$ | 1 |
Countries ranked near Cuba
- 100 Guatemala 76.19 million current US$ compare
- 101 Papua New Guinea 73.35 million current US$ compare
- 102 Aruba 65.38 million current US$ compare
- 104 Sierra Leone 63.08 million current US$ compare
- 105 East Timor 57.83 million current US$ compare
- 106 Congo 49.61 million current US$ 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 changes in inventories in Cuba?
- Changes in inventories in Cuba was 65.00 million current US$ in 2020, 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 2.26 billion current US$ in 2008.
- What is the lowest changes in inventories recorded in Cuba?
- The lowest recorded value was -2.10 billion current US$ in 1991.
- How does Cuba rank for changes in inventories?
- Cuba ranks 103rd out of 186 countries with data for 2020.
- Is changes in inventories rising or falling in Cuba?
- Over the last ten years it is down 92.4%. 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 (current US$). 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 indicator is expressed in United States dollars.