Final consumption expenditure (constant 2015 US$), annual growth rate in Cuba
Cuba: Final consumption expenditure (constant 2015 US$), annual growth rate was -2.04 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-2.04 % change on previous year
Change on year
down 6.6%
World rank
163rd
of 172 countries
All-time high
19.5 % change on previous year
in 1981
All-time low
-13.91 % change on previous year
in 1992
Years of data
54
1971–2024
Final consumption expenditure (constant 2015 US$), annual growth rate in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, final consumption expenditure (constant 2015 us$), annual growth rate in Cuba stood at -2.04 % change on previous year.
That represents a change of down 6.6% on the previous year and down 172.5% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), annual growth rate in Cuba peaked at 19.5 % change on previous year in 1981 and was at its lowest, -13.91 % change on previous year, in 1992.
Cuba ranks 163rd of 172 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (constant 2015 US$), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.58 % change on previous year | — |
| 1972 | 4.82 % change on previous year | -43.7% |
| 1973 | 3.44 % change on previous year | -28.7% |
| 1974 | 1 % change on previous year | -70.8% |
| 1975 | 9.46 % change on previous year | +841.9% |
| 1976 | 5.38 % change on previous year | -43.1% |
| 1977 | 8.74 % change on previous year | +62.3% |
| 1978 | 6.65 % change on previous year | -23.9% |
| 1979 | 1.17 % change on previous year | -82.4% |
| 1980 | -5.05 % change on previous year | -531.7% |
| 1981 | 19.5 % change on previous year | -486.4% |
| 1982 | 9.32 % change on previous year | -52.2% |
| 1983 | 5.59 % change on previous year | -40.1% |
| 1984 | 8.18 % change on previous year | +46.3% |
| 1985 | -0.0632 % change on previous year | -100.8% |
| 1986 | 0.168 % change on previous year | -365.9% |
| 1987 | 0.5944 % change on previous year | +253.9% |
| 1988 | 2.83 % change on previous year | +375.4% |
| 1989 | 1.22 % change on previous year | -56.9% |
| 1990 | -4.76 % change on previous year | -490.3% |
| 1991 | -10.3 % change on previous year | +116.6% |
| 1992 | -13.91 % change on previous year | +35.0% |
| 1993 | -7.8 % change on previous year | -43.9% |
| 1994 | 2.87 % change on previous year | -136.8% |
| 1995 | 0.7412 % change on previous year | -74.2% |
| 1996 | 3.99 % change on previous year | +438.0% |
| 1997 | 2.42 % change on previous year | -39.2% |
| 1998 | 1.34 % change on previous year | -44.6% |
| 1999 | 5.11 % change on previous year | +280.8% |
| 2000 | 2.38 % change on previous year | -53.5% |
| 2001 | 3.66 % change on previous year | +53.8% |
| 2002 | 2.74 % change on previous year | -25.2% |
| 2003 | 6.53 % change on previous year | +138.7% |
| 2004 | 3.71 % change on previous year | -43.3% |
| 2005 | 3.62 % change on previous year | -2.5% |
| 2006 | 14.99 % change on previous year | +314.6% |
| 2007 | 4.41 % change on previous year | -70.6% |
| 2008 | -0.2901 % change on previous year | -106.6% |
| 2009 | 1.19 % change on previous year | -509.3% |
| 2010 | 5.88 % change on previous year | +394.9% |
| 2011 | 0.5257 % change on previous year | -91.1% |
| 2012 | 1.95 % change on previous year | +270.6% |
| 2013 | 3.72 % change on previous year | +91.0% |
| 2014 | 2.82 % change on previous year | -24.3% |
| 2015 | 5.12 % change on previous year | +81.7% |
| 2016 | 2.87 % change on previous year | -43.8% |
| 2017 | 1.82 % change on previous year | -36.8% |
| 2018 | 1.98 % change on previous year | +8.8% |
| 2019 | 0.488 % change on previous year | -75.3% |
| 2020 | -9.09 % change on previous year | -1962.9% |
| 2021 | 2.41 % change on previous year | -126.5% |
| 2022 | 1.88 % change on previous year | -22.2% |
| 2023 | -1.92 % change on previous year | -202.0% |
| 2024 | -2.04 % change on previous year | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.47 % change on previous year | 1 % change on previous year | 9.46 % change on previous year | 9 |
| 1980s | 4.23 % change on previous year | -5.05 % change on previous year | 19.5 % change on previous year | 10 |
| 1990s | -2.03 % change on previous year | -13.91 % change on previous year | 5.11 % change on previous year | 10 |
| 2000s | 4.29 % change on previous year | -0.2901 % change on previous year | 14.99 % change on previous year | 10 |
| 2010s | 2.72 % change on previous year | 0.488 % change on previous year | 5.88 % change on previous year | 10 |
| 2020s | -1.75 % change on previous year | -9.09 % change on previous year | 2.41 % change on previous year | 5 |
Countries ranked near Cuba
- 160 Haiti -0.9541 % change on previous year compare
- 161 Botswana -1.12 % change on previous year compare
- 162 Brunei Darussalam -1.35 % change on previous year compare
- 164 Mozambique -2.14 % change on previous year compare
- 165 United States Virgin Islands -2.17 % change on previous year compare
- 166 Marshall Islands -2.72 % change on previous year compare
More economy & growth data for Cuba
- Households and NPISHs Final consumption expenditure (current LCU) 46.53 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.5062 current LCU per US$ of GDP (2020)
- Households and NPISHs Final consumption expenditure (current LCU) 89,789 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.1351 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4433 constant 2015 US$ per US$ of GDP (2020)
- Households and NPISHs Final consumption expenditure (constant 2015) 4,443 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 6.87 % change on previous year (2020)
- Final consumption expenditure (current US$), per unit of GDP 0.8947 current US$ per US$ of GDP (2020)
- Final consumption expenditure (current US$), per capita 8,594 current US$ per person (2020)
- Final consumption expenditure (current LCU), annual growth rate 40.33 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure (constant 2015 us$), annual growth rate in Cuba?
- Final consumption expenditure (constant 2015 us$), annual growth rate in Cuba was -2.04 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), annual growth rate recorded in Cuba?
- The highest recorded value was 19.5 % change on previous year in 1981.
- What is the lowest final consumption expenditure (constant 2015 us$), annual growth rate recorded in Cuba?
- The lowest recorded value was -13.91 % change on previous year in 1992.
- How does Cuba rank for final consumption expenditure (constant 2015 us$), annual growth rate?
- Cuba ranks 163rd out of 172 countries with data for 2024.
- Is final consumption expenditure (constant 2015 us$), annual growth rate rising or falling in Cuba?
- Over the last ten years it is down 172.5%. 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 Final consumption expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure 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 Final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.