External balance on goods and services (current US$), annual growth in Cuba
Cuba: External balance on goods and services (current US$), annual growth was -57.73 % change on previous year in 2020. ◆ Volatile
External balance on goods and services (current US$), annual growth in Cuba, 1971–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cuba recorded -57.73 % change on previous year for external balance on goods and services (current us$), annual growth in 2020.
The figure is down 275.2% on the previous year and down 138.4% over ten years.
Over the whole period, external balance on goods and services (current us$), annual growth in Cuba peaked at 307.79 % change on previous year in 2005 and was at its lowest, -245.06 % change on previous year, in 2008.
That places Cuba 170th out of 192 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$), annual growth in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -21.47 % change on previous year | — |
| 1972 | -17.65 % change on previous year | -17.8% |
| 1973 | -22.74 % change on previous year | +28.8% |
| 1974 | -14.25 % change on previous year | -37.3% |
| 1975 | -14.17 % change on previous year | -0.5% |
| 1976 | -5.95 % change on previous year | -58.0% |
| 1977 | -2.95 % change on previous year | -50.4% |
| 1978 | -25.41 % change on previous year | +761.3% |
| 1979 | -10.17 % change on previous year | -60.0% |
| 1980 | -1.22 % change on previous year | -88.0% |
| 1981 | -1.95 % change on previous year | +60.4% |
| 1982 | -3.09 % change on previous year | +58.5% |
| 1983 | -5.31 % change on previous year | +71.6% |
| 1984 | -11.66 % change on previous year | +119.7% |
| 1985 | 8.99 % change on previous year | -177.0% |
| 1986 | -13.03 % change on previous year | -245.0% |
| 1987 | 4.83 % change on previous year | -137.1% |
| 1988 | -9.55 % change on previous year | -297.7% |
| 1989 | -20.78 % change on previous year | +117.6% |
| 1990 | 17.1 % change on previous year | -182.3% |
| 1991 | 43.07 % change on previous year | +151.8% |
| 1992 | 83.32 % change on previous year | +93.5% |
| 1993 | -95.34 % change on previous year | -214.4% |
| 1994 | 34.76 % change on previous year | -136.5% |
| 1995 | -106.71 % change on previous year | -407.0% |
| 1996 | 34.42 % change on previous year | -132.3% |
| 1997 | -47.44 % change on previous year | -237.8% |
| 1998 | -39.62 % change on previous year | -16.5% |
| 1999 | 23.01 % change on previous year | -158.1% |
| 2000 | -8.61 % change on previous year | -137.4% |
| 2001 | -6.46 % change on previous year | -24.9% |
| 2002 | 38.59 % change on previous year | -697.4% |
| 2003 | 56.41 % change on previous year | +46.2% |
| 2004 | 214.02 % change on previous year | +279.4% |
| 2005 | 307.79 % change on previous year | +43.8% |
| 2006 | -89.77 % change on previous year | -129.2% |
| 2008 | -245.06 % change on previous year | +173.0% |
| 2009 | 154.14 % change on previous year | -162.9% |
| 2010 | 150.52 % change on previous year | -2.3% |
| 2011 | -22.44 % change on previous year | -114.9% |
| 2012 | 68.35 % change on previous year | -404.6% |
| 2013 | -20.68 % change on previous year | -130.3% |
| 2014 | 31.96 % change on previous year | -254.5% |
| 2015 | -40.82 % change on previous year | -227.7% |
| 2016 | 5.45 % change on previous year | -113.4% |
| 2017 | 13.24 % change on previous year | +142.9% |
| 2018 | -29.63 % change on previous year | -323.8% |
| 2019 | -15.39 % change on previous year | -48.1% |
| 2020 | -57.73 % change on previous year | +275.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -14.97 % change on previous year | -25.41 % change on previous year | -2.95 % change on previous year | 9 |
| 1980s | -5.28 % change on previous year | -20.78 % change on previous year | 8.99 % change on previous year | 10 |
| 1990s | -5.34 % change on previous year | -106.71 % change on previous year | 83.32 % change on previous year | 10 |
| 2000s | 46.78 % change on previous year | -245.06 % change on previous year | 307.79 % change on previous year | 9 |
| 2010s | 14.06 % change on previous year | -40.82 % change on previous year | 150.52 % change on previous year | 10 |
| 2020s | -57.73 % change on previous year | -57.73 % change on previous year | -57.73 % change on previous year | 1 |
Countries ranked near Cuba
- 167 Belize -55.29 % change on previous year compare
- 168 Afghanistan -57.17 % change on previous year compare
- 169 Guinea -57.67 % change on previous year compare
- 171 Egypt -60.31 % change on previous year compare
- 172 Gambia -60.47 % change on previous year compare
- 173 Sri Lanka -62.31 % change on previous year compare
More economy & growth data for Cuba
- Imports of goods and services (constant 2015 US$), annual growth rate -1.34 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.0908 constant 2015 US$ per US$ of GDP (2020)
- Imports of goods and services (constant 2015 US$), per capita 742.25 constant 2015 US$ per person (2024)
- External balance on goods and services (current LCU), annual growth -78.36 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 15.36 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0276 current LCU per US$ of GDP (2020)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,225 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -20.53 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0229 constant 2015 US$ per US$ of GDP (2020)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 124.49 constant 2015 US$ per person (2024)
Frequently asked questions
- What is external balance on goods and services (current us$), annual growth in Cuba?
- External balance on goods and services (current us$), annual growth in Cuba was -57.73 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest external balance on goods and services (current us$), annual growth recorded in Cuba?
- The highest recorded value was 307.79 % change on previous year in 2005.
- What is the lowest external balance on goods and services (current us$), annual growth recorded in Cuba?
- The lowest recorded value was -245.06 % change on previous year in 2008.
- How does Cuba rank for external balance on goods and services (current us$), annual growth?
- Cuba ranks 170th out of 192 countries with data for 2020.
- Is external balance on goods and services (current us$), annual growth rising or falling in Cuba?
- Over the last ten years it is down 138.4%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services 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
The year-on-year percentage change in External balance on goods and services (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.