Exports of goods and services in Cuba
Cuba: Exports of goods and services was -0.2% in 2024. ◆ Volatile
Exports of goods and services in Cuba, 1971–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Cuba recorded -0.2% for exports of goods and services in 2024.
The figure is up 96.3% on the previous year and up 91.3% over ten years.
Over the whole period, exports of goods and services in Cuba peaked at 47.5% in 2005 and was at its lowest, -24.9%, in 1993.
That places Cuba 140th out of 178 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 of goods and services in Cuba, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | 8.6% | — |
| 1972 | 4.8% | -43.6% |
| 1973 | 3.4% | -28.8% |
| 1974 | 1.0% | -72.1% |
| 1975 | 9.5% | +882.3% |
| 1976 | 5.4% | -42.4% |
| 1977 | 8.8% | +61.2% |
| 1978 | 6.6% | -24.8% |
| 1979 | 0.9% | -86.3% |
| 1980 | -4.9% | -639.6% |
| 1981 | 20.0% | -509.7% |
| 1982 | 9.3% | -53.6% |
| 1983 | 5.1% | -44.5% |
| 1984 | 6.7% | +30.2% |
| 1985 | 2.4% | -64.0% |
| 1986 | 1.5% | -36.9% |
| 1987 | -1.7% | -210.6% |
| 1988 | 0.5% | -131.3% |
| 1989 | -5.0% | -1061.5% |
| 1990 | -3.6% | -29.1% |
| 1991 | -3.5% | -1.5% |
| 1992 | -5.9% | +67.8% |
| 1993 | -24.9% | +321.3% |
| 1994 | 9.1% | -136.6% |
| 1995 | 4.3% | -52.5% |
| 1996 | 24.6% | +468.2% |
| 1997 | -4.9% | -120.0% |
| 1998 | 5.8% | -217.3% |
| 1999 | 12.8% | +122.6% |
| 2000 | 14.1% | +9.8% |
| 2001 | -3.6% | -125.6% |
| 2002 | -3.8% | +5.6% |
| 2003 | 5.8% | -252.2% |
| 2004 | 19.0% | +229.3% |
| 2005 | 47.5% | +149.4% |
| 2006 | 1.3% | -97.2% |
| 2007 | 13.8% | +942.1% |
| 2008 | 11.6% | -16.1% |
| 2009 | 3.1% | -73.1% |
| 2010 | 13.8% | +342.4% |
| 2011 | 5.5% | -60.4% |
| 2012 | 0.4% | -92.0% |
| 2013 | 1.7% | +296.6% |
| 2014 | -2.8% | -263.2% |
| 2015 | -0.1% | -96.5% |
| 2016 | -19.7% | +19676.9% |
| 2017 | 0.0% | -100.0% |
| 2018 | -2.4% | — |
| 2019 | -4.6% | +95.6% |
| 2020 | -20.5% | +346.3% |
| 2021 | -9.1% | -55.6% |
| 2022 | -2.4% | -73.3% |
| 2023 | -6.6% | +170.7% |
| 2024 | -0.2% | -96.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.4% | 0.9% | 9.5% | 9 |
| 1980s | 3.4% | -5.0% | 20.0% | 10 |
| 1990s | 1.4% | -24.9% | 24.6% | 10 |
| 2000s | 10.9% | -3.8% | 47.5% | 10 |
| 2010s | -0.8% | -19.7% | 13.8% | 10 |
| 2020s | -7.8% | -20.5% | -0.2% | 5 |
Countries ranked near Cuba
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 of goods and services in Cuba?
- Exports of goods and services in Cuba was -0.2% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest exports of goods and services recorded in Cuba?
- The highest recorded value was 47.5% in 2005.
- What is the lowest exports of goods and services recorded in Cuba?
- The lowest recorded value was -24.9% in 1993.
- How does Cuba rank for exports of goods and services?
- Cuba ranks 140th out of 178 countries with data for 2024.
- Is exports of goods and services rising or falling in Cuba?
- Over the last ten years it is up 91.3%. 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 of goods and services (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.