Exports of goods and services (constant LCU), per unit of GDP in Cuba
Cuba: Exports of goods and services (constant LCU), per unit of GDP was 0.0775 constant LCU per US$ of GDP in 2020. ▼ Falling
Exports of goods and services (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 of goods and services (constant lcu), per unit of gdp in Cuba stood at 0.0775 constant LCU per US$ of GDP. That is the lowest value across all 51 years on record.
Compared with earlier readings it is down 23.4% on the previous year and down 65.5% over ten years.
Over the whole period, exports of goods and services (constant lcu), per unit of gdp in Cuba peaked at 0.3425 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.0775 constant LCU per US$ of GDP, in 2020.
Cuba ranks 174th of 179 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 51 years of available data.
Exports of goods and services (constant LCU), per unit of GDP in Cuba, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.3425 constant LCU per US$ of GDP | — |
| 1971 | 0.3062 constant LCU per US$ of GDP | -10.6% |
| 1972 | 0.2728 constant LCU per US$ of GDP | -10.9% |
| 1973 | 0.2299 constant LCU per US$ of GDP | -15.7% |
| 1974 | 0.2032 constant LCU per US$ of GDP | -11.6% |
| 1975 | 0.1948 constant LCU per US$ of GDP | -4.2% |
| 1976 | 0.194 constant LCU per US$ of GDP | -0.4% |
| 1977 | 0.2049 constant LCU per US$ of GDP | +5.6% |
| 1978 | 0.1739 constant LCU per US$ of GDP | -15.1% |
| 1979 | 0.1599 constant LCU per US$ of GDP | -8.1% |
| 1980 | 0.1496 constant LCU per US$ of GDP | -6.4% |
| 1981 | 0.1773 constant LCU per US$ of GDP | +18.5% |
| 1982 | 0.1863 constant LCU per US$ of GDP | +5.1% |
| 1983 | 0.1848 constant LCU per US$ of GDP | -0.8% |
| 1984 | 0.1821 constant LCU per US$ of GDP | -1.5% |
| 1985 | 0.1956 constant LCU per US$ of GDP | +7.4% |
| 1986 | 0.1879 constant LCU per US$ of GDP | -4.0% |
| 1987 | 0.1775 constant LCU per US$ of GDP | -5.5% |
| 1988 | 0.1638 constant LCU per US$ of GDP | -7.7% |
| 1989 | 0.158 constant LCU per US$ of GDP | -3.5% |
| 1990 | 0.1438 constant LCU per US$ of GDP | -9.0% |
| 1991 | 0.1634 constant LCU per US$ of GDP | +13.6% |
| 1992 | 0.1692 constant LCU per US$ of GDP | +3.6% |
| 1993 | 0.1255 constant LCU per US$ of GDP | -25.9% |
| 1994 | 0.1076 constant LCU per US$ of GDP | -14.2% |
| 1995 | 0.105 constant LCU per US$ of GDP | -2.5% |
| 1996 | 0.1591 constant LCU per US$ of GDP | +51.6% |
| 1997 | 0.1492 constant LCU per US$ of GDP | -6.2% |
| 1998 | 0.1556 constant LCU per US$ of GDP | +4.2% |
| 1999 | 0.1592 constant LCU per US$ of GDP | +2.4% |
| 2000 | 0.1686 constant LCU per US$ of GDP | +5.9% |
| 2001 | 0.1568 constant LCU per US$ of GDP | -7.0% |
| 2002 | 0.1423 constant LCU per US$ of GDP | -9.3% |
| 2003 | 0.1408 constant LCU per US$ of GDP | -1.0% |
| 2004 | 0.1575 constant LCU per US$ of GDP | +11.9% |
| 2005 | 0.2081 constant LCU per US$ of GDP | +32.1% |
| 2006 | 0.1841 constant LCU per US$ of GDP | -11.5% |
| 2007 | 0.1886 constant LCU per US$ of GDP | +2.4% |
| 2008 | 0.2028 constant LCU per US$ of GDP | +7.5% |
| 2009 | 0.2048 constant LCU per US$ of GDP | +1.0% |
| 2010 | 0.2249 constant LCU per US$ of GDP | +9.8% |
| 2011 | 0.2048 constant LCU per US$ of GDP | -9.0% |
| 2012 | 0.194 constant LCU per US$ of GDP | -5.3% |
| 2013 | 0.1871 constant LCU per US$ of GDP | -3.5% |
| 2014 | 0.1739 constant LCU per US$ of GDP | -7.1% |
| 2015 | 0.1608 constant LCU per US$ of GDP | -7.5% |
| 2016 | 0.1231 constant LCU per US$ of GDP | -23.5% |
| 2017 | 0.1161 constant LCU per US$ of GDP | -5.7% |
| 2018 | 0.1098 constant LCU per US$ of GDP | -5.5% |
| 2019 | 0.1013 constant LCU per US$ of GDP | -7.7% |
| 2020 | 0.0775 constant LCU per US$ of GDP | -23.4% |
Cuba compared with similar countries
- Cuba's 0.0775 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 4.25 constant LCU per US$ of GDP, 2% of the median. (48 countries reporting)
- Cuba's 0.0775 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.9454 constant LCU per US$ of GDP, 8% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Exports of goods and services (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 | +51.6% | 0.105 constant LCU per US$ of GDP | 0.1591 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2282 constant LCU per US$ of GDP | 0.1599 constant LCU per US$ of GDP | 0.3425 constant LCU per US$ of GDP | 10 |
| 1980s | 0.1763 constant LCU per US$ of GDP | 0.1496 constant LCU per US$ of GDP | 0.1956 constant LCU per US$ of GDP | 10 |
| 1990s | 0.1438 constant LCU per US$ of GDP | 0.105 constant LCU per US$ of GDP | 0.1692 constant LCU per US$ of GDP | 10 |
| 2000s | 0.1754 constant LCU per US$ of GDP | 0.1408 constant LCU per US$ of GDP | 0.2081 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1596 constant LCU per US$ of GDP | 0.1013 constant LCU per US$ of GDP | 0.2249 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0775 constant LCU per US$ of GDP | 0.0775 constant LCU per US$ of GDP | 0.0775 constant LCU per US$ of GDP | 1 |
Countries ranked near Cuba
- 171 Kuwait 0.1556 constant LCU per US$ of GDP compare
- 172 Palestine 0.1542 constant LCU per US$ of GDP compare
- 173 United States 0.0901 constant LCU per US$ of GDP compare
- 175 Guam 0.067 constant LCU per US$ of GDP compare
- 176 East Timor 0.0536 constant LCU per US$ of GDP compare
- 177 Kiribati 0.0451 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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is exports of goods and services (constant lcu), per unit of gdp in Cuba?
- Exports of goods and services (constant lcu), per unit of gdp in Cuba was 0.0775 constant LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest exports of goods and services (constant lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.3425 constant LCU per US$ of GDP in 1970.
- What is the lowest exports of goods and services (constant lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.0775 constant LCU per US$ of GDP in 2020.
- How does Cuba rank for exports of goods and services (constant lcu), per unit of gdp?
- Cuba ranks 174th out of 179 countries with data for 2020.
- Is exports of goods and services (constant lcu), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 65.5%. 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 of goods and services (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 of goods and services (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (constant LCU) ÷ GDP (current US$)
Computed from
- Exports of goods and services 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 of goods and services (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.