Exports as a capacity to import (constant LCU) in Cuba
Cuba: Exports as a capacity to import (constant LCU) was 3.73 billion constant LCU in 2024. ◆ Volatile
Latest (2024)
3.73 billion constant LCU
Change on year
down 16.5%
World rank
160th
of 179 countries
All-time high
13.26 billion constant LCU
in 2015
All-time low
2.34 billion constant LCU
in 1993
Years of data
55
1970–2024
Exports as a capacity to import in Cuba, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Cuba recorded 3.73 billion constant LCU for exports as a capacity to import in 2024.
That represents a change of down 16.5% on the previous year and down 71.4% over ten years.
Over the whole period, exports as a capacity to import in Cuba peaked at 13.26 billion constant LCU in 2015 and was at its lowest, 2.34 billion constant LCU, in 1993.
That places Cuba 160th out of 179 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports as a capacity to import (constant LCU) in Cuba, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 2.88 billion constant LCU | — |
| 1971 | 3.12 billion constant LCU | +8.6% |
| 1972 | 3.27 billion constant LCU | +4.8% |
| 1973 | 3.38 billion constant LCU | +3.4% |
| 1974 | 3.42 billion constant LCU | +0.9% |
| 1975 | 3.75 billion constant LCU | +9.7% |
| 1976 | 3.95 billion constant LCU | +5.4% |
| 1977 | 4.29 billion constant LCU | +8.6% |
| 1978 | 4.57 billion constant LCU | +6.5% |
| 1979 | 4.60 billion constant LCU | +0.8% |
| 1980 | 4.44 billion constant LCU | -3.6% |
| 1981 | 5.26 billion constant LCU | +18.4% |
| 1982 | 5.71 billion constant LCU | +8.7% |
| 1983 | 6.00 billion constant LCU | +5.0% |
| 1984 | 6.41 billion constant LCU | +6.9% |
| 1985 | 7.14 billion constant LCU | +11.4% |
| 1986 | 6.28 billion constant LCU | -12.1% |
| 1987 | 6.38 billion constant LCU | +1.6% |
| 1988 | 6.52 billion constant LCU | +2.3% |
| 1989 | 6.32 billion constant LCU | -3.1% |
| 1990 | 6.34 billion constant LCU | +0.4% |
| 1991 | 4.07 billion constant LCU | -35.9% |
| 1992 | 2.74 billion constant LCU | -32.7% |
| 1993 | 2.34 billion constant LCU | -14.5% |
| 1994 | 3.03 billion constant LCU | +29.3% |
| 1995 | 3.12 billion constant LCU | +3.1% |
| 1996 | 4.08 billion constant LCU | +30.5% |
| 1997 | 3.79 billion constant LCU | -7.1% |
| 1998 | 3.58 billion constant LCU | -5.4% |
| 1999 | 3.94 billion constant LCU | +10.0% |
| 2000 | 3.91 billion constant LCU | -0.8% |
| 2001 | 3.70 billion constant LCU | -5.3% |
| 2002 | 3.65 billion constant LCU | -1.4% |
| 2003 | 4.45 billion constant LCU | +22.0% |
| 2004 | 5.55 billion constant LCU | +24.6% |
| 2005 | 7.63 billion constant LCU | +37.5% |
| 2006 | 8.13 billion constant LCU | +6.5% |
| 2007 | 9.15 billion constant LCU | +12.6% |
| 2008 | 7.20 billion constant LCU | -21.4% |
| 2009 | 8.19 billion constant LCU | +13.8% |
| 2010 | 12.52 billion constant LCU | +52.9% |
| 2011 | 11.41 billion constant LCU | -8.9% |
| 2012 | 12.19 billion constant LCU | +6.8% |
| 2013 | 12.29 billion constant LCU | +0.9% |
| 2014 | 13.05 billion constant LCU | +6.2% |
| 2015 | 13.26 billion constant LCU | +1.6% |
| 2016 | 12.19 billion constant LCU | -8.1% |
| 2017 | 12.26 billion constant LCU | +0.6% |
| 2018 | 11.14 billion constant LCU | -9.2% |
| 2019 | 10.78 billion constant LCU | -3.3% |
| 2020 | 9.40 billion constant LCU | -12.8% |
| 2021 | 6.38 billion constant LCU | -32.2% |
| 2022 | 5.68 billion constant LCU | -10.9% |
| 2023 | 4.47 billion constant LCU | -21.4% |
| 2024 | 3.73 billion constant LCU | -16.5% |
Cuba compared with similar countries
- Cuba's 3.73 billion constant LCU is below the median for upper middle income countries, which is 435.84 billion constant LCU, 1% of the median. (48 countries reporting)
- Cuba's 3.73 billion constant LCU is below the median for Latin America & Caribbean, which is 128.11 billion constant LCU, 3% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.72 billion constant LCU | 2.88 billion constant LCU | 4.60 billion constant LCU | 10 |
| 1980s | 6.05 billion constant LCU | 4.44 billion constant LCU | 7.14 billion constant LCU | 10 |
| 1990s | 3.70 billion constant LCU | 2.34 billion constant LCU | 6.34 billion constant LCU | 10 |
| 2000s | 6.16 billion constant LCU | 3.65 billion constant LCU | 9.15 billion constant LCU | 10 |
| 2010s | 12.11 billion constant LCU | 10.78 billion constant LCU | 13.26 billion constant LCU | 10 |
| 2020s | 5.93 billion constant LCU | 3.73 billion constant LCU | 9.40 billion constant LCU | 5 |
Countries ranked near Cuba
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 exports as a capacity to import in Cuba?
- Exports as a capacity to import in Cuba was 3.73 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest exports as a capacity to import recorded in Cuba?
- The highest recorded value was 13.26 billion constant LCU in 2015.
- What is the lowest exports as a capacity to import recorded in Cuba?
- The lowest recorded value was 2.34 billion constant LCU in 1993.
- How does Cuba rank for exports as a capacity to import?
- Cuba ranks 160th out of 179 countries with data for 2024.
- Is exports as a capacity to import rising or falling in Cuba?
- Over the last ten years it is down 71.4%. 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 Exports as a capacity to import (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Exports as a capacity to import equals the current price value of exports of goods and services deflated by the import price index. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.