Exports as a capacity to import (constant LCU), per unit of GDP in Cuba
Cuba: Exports as a capacity to import (constant LCU), per unit of GDP was 0.0876 constant LCU per US$ of GDP in 2020. ▼ Falling
Exports as a capacity to import (constant LCU), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2020, exports as a capacity to import (constant lcu), per unit of gdp in Cuba stood at 0.0876 constant LCU per US$ of GDP. That is the lowest value across all 51 years on record.
That represents a change of down 16.0% on the previous year and down 58.3% over ten years.
Over the whole period, exports as a capacity to import (constant lcu), per unit of gdp in Cuba peaked at 0.5051 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.0876 constant LCU per US$ of GDP, in 2020.
That places Cuba 173rd out of 179 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 51 years of available data.
Exports as a capacity to import (constant LCU), per unit of GDP in Cuba, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.5051 constant LCU per US$ of GDP | — |
| 1971 | 0.4516 constant LCU per US$ of GDP | -10.6% |
| 1972 | 0.4024 constant LCU per US$ of GDP | -10.9% |
| 1973 | 0.3389 constant LCU per US$ of GDP | -15.8% |
| 1974 | 0.2995 constant LCU per US$ of GDP | -11.6% |
| 1975 | 0.2876 constant LCU per US$ of GDP | -4.0% |
| 1976 | 0.2863 constant LCU per US$ of GDP | -0.4% |
| 1977 | 0.3019 constant LCU per US$ of GDP | +5.5% |
| 1978 | 0.2559 constant LCU per US$ of GDP | -15.2% |
| 1979 | 0.2351 constant LCU per US$ of GDP | -8.1% |
| 1980 | 0.223 constant LCU per US$ of GDP | -5.2% |
| 1981 | 0.2609 constant LCU per US$ of GDP | +17.0% |
| 1982 | 0.2727 constant LCU per US$ of GDP | +4.5% |
| 1983 | 0.2701 constant LCU per US$ of GDP | -0.9% |
| 1984 | 0.2666 constant LCU per US$ of GDP | -1.3% |
| 1985 | 0.3115 constant LCU per US$ of GDP | +16.8% |
| 1986 | 0.2591 constant LCU per US$ of GDP | -16.8% |
| 1987 | 0.2529 constant LCU per US$ of GDP | -2.4% |
| 1988 | 0.2375 constant LCU per US$ of GDP | -6.1% |
| 1989 | 0.2338 constant LCU per US$ of GDP | -1.6% |
| 1990 | 0.2215 constant LCU per US$ of GDP | -5.3% |
| 1991 | 0.1673 constant LCU per US$ of GDP | -24.5% |
| 1992 | 0.124 constant LCU per US$ of GDP | -25.9% |
| 1993 | 0.1047 constant LCU per US$ of GDP | -15.6% |
| 1994 | 0.1065 constant LCU per US$ of GDP | +1.7% |
| 1995 | 0.1027 constant LCU per US$ of GDP | -3.6% |
| 1996 | 0.163 constant LCU per US$ of GDP | +58.7% |
| 1997 | 0.1492 constant LCU per US$ of GDP | -8.4% |
| 1998 | 0.1391 constant LCU per US$ of GDP | -6.8% |
| 1999 | 0.1389 constant LCU per US$ of GDP | -0.2% |
| 2000 | 0.1278 constant LCU per US$ of GDP | -8.0% |
| 2001 | 0.1168 constant LCU per US$ of GDP | -8.6% |
| 2002 | 0.1087 constant LCU per US$ of GDP | -7.0% |
| 2003 | 0.124 constant LCU per US$ of GDP | +14.1% |
| 2004 | 0.1453 constant LCU per US$ of GDP | +17.1% |
| 2005 | 0.179 constant LCU per US$ of GDP | +23.2% |
| 2006 | 0.1664 constant LCU per US$ of GDP | -7.0% |
| 2007 | 0.1686 constant LCU per US$ of GDP | +1.3% |
| 2008 | 0.1278 constant LCU per US$ of GDP | -24.2% |
| 2009 | 0.1424 constant LCU per US$ of GDP | +11.4% |
| 2010 | 0.2102 constant LCU per US$ of GDP | +47.6% |
| 2011 | 0.1654 constant LCU per US$ of GDP | -21.3% |
| 2012 | 0.1666 constant LCU per US$ of GDP | +0.8% |
| 2013 | 0.1593 constant LCU per US$ of GDP | -4.4% |
| 2014 | 0.1618 constant LCU per US$ of GDP | +1.5% |
| 2015 | 0.1522 constant LCU per US$ of GDP | -5.9% |
| 2016 | 0.1334 constant LCU per US$ of GDP | -12.3% |
| 2017 | 0.1266 constant LCU per US$ of GDP | -5.1% |
| 2018 | 0.1114 constant LCU per US$ of GDP | -12.1% |
| 2019 | 0.1042 constant LCU per US$ of GDP | -6.4% |
| 2020 | 0.0876 constant LCU per US$ of GDP | -16.0% |
Cuba compared with similar countries
- Cuba's 0.0876 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 4.26 constant LCU per US$ of GDP, 2% of the median. (48 countries reporting)
- Cuba's 0.0876 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.9707 constant LCU per US$ of GDP, 9% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Exports as a capacity to import (constant LCU), per unit of GDP 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 |
|---|---|---|---|
| 1996 | +58.7% | 0.1027 constant LCU per US$ of GDP | 0.163 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3364 constant LCU per US$ of GDP | 0.2351 constant LCU per US$ of GDP | 0.5051 constant LCU per US$ of GDP | 10 |
| 1980s | 0.2588 constant LCU per US$ of GDP | 0.223 constant LCU per US$ of GDP | 0.3115 constant LCU per US$ of GDP | 10 |
| 1990s | 0.1417 constant LCU per US$ of GDP | 0.1027 constant LCU per US$ of GDP | 0.2215 constant LCU per US$ of GDP | 10 |
| 2000s | 0.1407 constant LCU per US$ of GDP | 0.1087 constant LCU per US$ of GDP | 0.179 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1491 constant LCU per US$ of GDP | 0.1042 constant LCU per US$ of GDP | 0.2102 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0876 constant LCU per US$ of GDP | 0.0876 constant LCU per US$ of GDP | 0.0876 constant LCU per US$ of GDP | 1 |
Countries ranked near Cuba
- 170 Palestine 0.1517 constant LCU per US$ of GDP compare
- 171 Kuwait 0.1275 constant LCU per US$ of GDP compare
- 172 United States 0.0967 constant LCU per US$ of GDP compare
- 174 East Timor 0.0831 constant LCU per US$ of GDP compare
- 175 Tajikistan 0.0676 constant LCU per US$ of GDP compare
- 176 Guam 0.0672 constant LCU per US$ of GDP 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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is exports as a capacity to import (constant lcu), per unit of gdp in Cuba?
- Exports as a capacity to import (constant lcu), per unit of gdp in Cuba was 0.0876 constant LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest exports as a capacity to import (constant lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.5051 constant LCU per US$ of GDP in 1970.
- What is the lowest exports as a capacity to import (constant lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.0876 constant LCU per US$ of GDP in 2020.
- How does Cuba rank for exports as a capacity to import (constant lcu), per unit of gdp?
- Cuba ranks 173rd out of 179 countries with data for 2020.
- Is exports as a capacity to import (constant lcu), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 58.3%. The long-run trend across the full record is falling.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Exports as a capacity to import (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Exports as a capacity to import (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports as a capacity to import (constant LCU) ÷ GDP (current US$)
Computed from
- Exports as a capacity to import Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports as a capacity to import (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.