Exports of goods and services in Cuba
Cuba: Exports of goods and services was 42.5% in 2024. ▼ Falling
Exports of goods and services in Cuba, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for exports of goods and services in Cuba is 42.5%, measured in 2024.
That represents a change of down 6.9% on the previous year and up 92.3% over ten years.
Over the whole period, exports of goods and services in Cuba peaked at 45.6% in 2023 and was at its lowest, 8.2%, in 2020.
That places Cuba 76th out of 193 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Exports of goods and services in Cuba, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 32.6% | — |
| 1971 | 32.6% | +0.0% |
| 1972 | 32.6% | +0.0% |
| 1973 | 32.6% | -0.0% |
| 1974 | 32.6% | -0.0% |
| 1975 | 32.6% | +0.1% |
| 1976 | 32.6% | -0.0% |
| 1977 | 32.6% | +0.0% |
| 1978 | 32.6% | -0.0% |
| 1979 | 32.6% | -0.2% |
| 1980 | 32.8% | +0.6% |
| 1981 | 32.6% | -0.5% |
| 1982 | 32.6% | +0.2% |
| 1983 | 32.5% | -0.3% |
| 1984 | 32.3% | -0.7% |
| 1985 | 33.7% | +4.3% |
| 1986 | 31.7% | -5.9% |
| 1987 | 32.9% | +3.7% |
| 1988 | 32.0% | -2.7% |
| 1989 | 31.2% | -2.7% |
| 1990 | 30.2% | -3.0% |
| 1991 | 21.9% | -27.5% |
| 1992 | 16.9% | -22.9% |
| 1993 | 13.2% | -22.0% |
| 1994 | 13.2% | +0.3% |
| 1995 | 13.4% | +1.2% |
| 1996 | 15.3% | +14.3% |
| 1997 | 14.9% | -2.5% |
| 1998 | 14.3% | -4.5% |
| 1999 | 14.5% | +2.0% |
| 2000 | 14.1% | -2.8% |
| 2001 | 13.2% | -6.3% |
| 2002 | 11.5% | -12.9% |
| 2003 | 13.0% | +12.4% |
| 2004 | 16.0% | +23.7% |
| 2005 | 21.0% | +31.2% |
| 2006 | 18.7% | -11.0% |
| 2007 | 20.3% | +8.7% |
| 2008 | 20.6% | +1.1% |
| 2009 | 17.5% | -15.1% |
| 2010 | 22.6% | +29.3% |
| 2011 | 25.1% | +11.2% |
| 2012 | 25.5% | +1.6% |
| 2013 | 24.1% | -5.5% |
| 2014 | 22.1% | -8.4% |
| 2015 | 17.1% | -22.4% |
| 2016 | 15.0% | -12.6% |
| 2017 | 14.6% | -2.9% |
| 2018 | 14.5% | -0.2% |
| 2019 | 12.2% | -15.9% |
| 2020 | 8.2% | -33.1% |
| 2021 | 34.9% | +327.2% |
| 2022 | 40.5% | +16.0% |
| 2023 | 45.6% | +12.7% |
| 2024 | 42.5% | -6.9% |
Cuba compared with similar countries
- Cuba's 42.5% is above the median for upper middle income countries, which is 37.2%, 1.1× the median. (53 countries reporting)
- Cuba's 42.5% is above the median for Latin America & Caribbean, which is 37.2%, 1.1× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Exports of goods and services 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 |
|---|---|---|---|
| 2021 | +327.2% | 8.2% | 34.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.6% | 32.6% | 32.6% | 10 |
| 1980s | 32.4% | 31.2% | 33.7% | 10 |
| 1990s | 16.8% | 13.2% | 30.2% | 10 |
| 2000s | 16.6% | 11.5% | 21.0% | 10 |
| 2010s | 19.3% | 12.2% | 25.5% | 10 |
| 2020s | 34.3% | 8.2% | 45.6% | 5 |
Countries ranked near Cuba
- 73 Portugal 43.7% compare
- 74 Congo, Democratic Republic of the 43.4% compare
- 75 Azerbaijan 43.0% compare
- 77 Finland 42.3% compare
- 78 Cape Verde 42.0% compare
- 79 Morocco 42.0% 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 in Cuba?
- Exports of goods and services in Cuba was 42.5% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest exports of goods and services recorded in Cuba?
- The highest recorded value was 45.6% in 2023.
- What is the lowest exports of goods and services recorded in Cuba?
- The lowest recorded value was 8.2% in 2020.
- How does Cuba rank for exports of goods and services?
- Cuba ranks 76th out of 193 countries with data for 2024.
- Is exports of goods and services rising or falling in Cuba?
- Over the last ten years it is up 92.3%. The long-run trend across the full record is falling.
- Where does this Cuba data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Exports of goods and services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.