Changes in inventories in Cuba
Cuba: Changes in inventories was 65.00 million current US$ in 2020. ◆ Volatile
Latest (2020)
65.00 million current US$
Change on year
down 77.8%
World rank
103rd
of 186 countries
All-time high
2.26 billion current US$
in 2008
All-time low
-2.10 billion current US$
in 1991
Years of data
51
1970–2020
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$, in 1991.
That places Cuba 103rd out of 186 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories in Cuba, year by year
| Year | current US$ | 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$, 25% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | -2655.5% | 82.09 million current US$ | -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
- 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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is changes in inventories in Cuba?
- Changes in inventories in Cuba was 65.00 million current US$ 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.