Discrepancy in expenditure estimate of GDP in Cuba
Cuba: Discrepancy in expenditure estimate of GDP was 0 constant LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Cuba, 1997–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for discrepancy in expenditure estimate of gdp in Cuba is 0 constant LCU, measured in 2024.
Compared with earlier readings it is down 100.0% over five years.
Over the whole period, discrepancy in expenditure estimate of gdp in Cuba peaked at 1.00 million constant LCU in 2021 and was at its lowest, -1.00 million constant LCU, in 2022.
That places Cuba 67th out of 153 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.
Discrepancy in expenditure estimate of GDP in Cuba, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1997 | -17,900 constant LCU | — |
| 1998 | 654,600 constant LCU | -3757.0% |
| 1999 | 331,000 constant LCU | -49.4% |
| 2000 | -1,400 constant LCU | -100.4% |
| 2001 | 145,600 constant LCU | -10500.0% |
| 2002 | 149,500 constant LCU | +2.7% |
| 2003 | 35,600 constant LCU | -76.2% |
| 2004 | 73,700 constant LCU | +107.0% |
| 2005 | -34,300 constant LCU | -146.5% |
| 2006 | 469,300 constant LCU | -1468.2% |
| 2007 | 0 constant LCU | -100.0% |
| 2008 | -200,000 constant LCU | — |
| 2009 | 0 constant LCU | -100.0% |
| 2010 | 0 constant LCU | — |
| 2011 | 0 constant LCU | — |
| 2012 | 0 constant LCU | — |
| 2013 | 0 constant LCU | — |
| 2014 | 0 constant LCU | — |
| 2015 | 600,000 constant LCU | — |
| 2016 | 100,000 constant LCU | -83.3% |
| 2017 | 596,700 constant LCU | +496.7% |
| 2018 | -382,300 constant LCU | -164.1% |
| 2019 | 200,000 constant LCU | -152.3% |
| 2020 | 0 constant LCU | -100.0% |
| 2021 | 1.00 million constant LCU | — |
| 2022 | -1.00 million constant LCU | -200.0% |
| 2023 | 0 constant LCU | -100.0% |
| 2024 | 0 constant LCU | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 322,567 constant LCU | -17,900 constant LCU | 654,600 constant LCU | 3 |
| 2000s | 63,800 constant LCU | -200,000 constant LCU | 469,300 constant LCU | 10 |
| 2010s | 111,440 constant LCU | -382,300 constant LCU | 600,000 constant LCU | 10 |
| 2020s | 0 constant LCU | -1.00 million constant LCU | 1.00 million constant LCU | 5 |
Countries ranked near Cuba
- 64 Paraguay 0.0078 constant LCU compare
- 65 Bhutan 0 constant LCU compare
- 66 South Sudan 0 constant LCU compare
- 67 Austria 0 constant LCU compare
- 67 Belgium 0 constant LCU compare
- 67 Benin 0 constant LCU compare
- 67 Czechia 0 constant LCU
- 67 Denmark 0 constant LCU
- 67 Djibouti 0 constant LCU compare
- 67 Estonia 0 constant LCU
- 67 Finland 0 constant LCU
- 67 France 0 constant LCU
- 67 Germany 0 constant LCU
- 67 Greece 0 constant LCU
- 67 Honduras 0 constant LCU compare
- 67 Hungary 0 constant LCU
- 67 Iceland 0 constant LCU compare
- 67 Ireland 0 constant LCU
- 67 Israel 0 constant LCU compare
- 67 Italy 0 constant LCU
- 67 Japan 0 constant LCU
- 67 Latvia 0 constant LCU
- 67 Lithuania 0 constant LCU
- 67 Luxembourg 0 constant LCU
- 67 Malawi 0 constant LCU compare
- 67 Netherlands 0 constant LCU compare
- 67 Norway 0 constant LCU
- 67 Peru 0 constant LCU
- 67 Portugal 0 constant LCU
- 67 San Marino 0 constant LCU compare
- 67 Slovakia 0 constant LCU
- 67 Slovenia 0 constant LCU compare
- 67 Spain 0 constant LCU
- 67 Sweden 0 constant LCU
- 67 Switzerland 0 constant LCU compare
- 67 United Kingdom 0 constant LCU compare
- 67 United States 0 constant LCU compare
More economy & growth data for Cuba
- Services, value added (current US$), annual growth rate 8.37 % change on previous year (2020)
- Services, value added (current US$), per unit of GDP 0.7351 current US$ per US$ of GDP (2020)
- Services, value added (current US$), per capita 7,061 current US$ per person (2020)
- Services, value added (current LCU), annual growth rate 31.15 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 0.7351 current LCU per US$ of GDP (2020)
- Services, value added (current LCU), per capita 72,507 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate -0.0514 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5615 constant 2015 US$ per US$ of GDP (2020)
- Services, value added (constant 2015 US$), per capita 5,863 constant 2015 US$ per person (2024)
- Services, value added (constant LCU), per capita 3,714 constant LCU per person (2024)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Cuba?
- Discrepancy in expenditure estimate of gdp in Cuba was 0 constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Cuba?
- The highest recorded value was 1.00 million constant LCU in 2021.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Cuba?
- The lowest recorded value was -1.00 million constant LCU in 2022.
- How does Cuba rank for discrepancy in expenditure estimate of gdp?
- Cuba ranks 67th out of 153 countries with data for 2024.
- 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 Discrepancy in expenditure estimate of GDP (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.