Final consumption expenditure (constant 2015 US$), per unit of GDP in Cuba
Cuba: Final consumption expenditure (constant 2015 US$), per unit of GDP was 0.6964 constant 2015 US$ per US$ of GDP in 2020. ▼ Falling
Final consumption expenditure (constant 2015 US$), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for final consumption expenditure (constant 2015 us$), per unit of gdp in Cuba is 0.6964 constant 2015 US$ per US$ of GDP, measured in 2020. That is the lowest value across all 51 years on record.
Compared with earlier readings it is down 12.4% on the previous year and down 37.8% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), per unit of gdp in Cuba peaked at 3.84 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.6964 constant 2015 US$ per US$ of GDP, in 2020.
That places Cuba 62nd out of 172 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Final consumption expenditure (constant 2015 US$), per unit of GDP in Cuba, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 3.84 constant 2015 US$ per US$ of GDP | — |
| 1971 | 3.43 constant 2015 US$ per US$ of GDP | -10.6% |
| 1972 | 3.06 constant 2015 US$ per US$ of GDP | -10.9% |
| 1973 | 2.58 constant 2015 US$ per US$ of GDP | -15.7% |
| 1974 | 2.28 constant 2015 US$ per US$ of GDP | -11.6% |
| 1975 | 2.19 constant 2015 US$ per US$ of GDP | -4.2% |
| 1976 | 2.18 constant 2015 US$ per US$ of GDP | -0.4% |
| 1977 | 2.3 constant 2015 US$ per US$ of GDP | +5.5% |
| 1978 | 1.95 constant 2015 US$ per US$ of GDP | -15.1% |
| 1979 | 1.8 constant 2015 US$ per US$ of GDP | -7.8% |
| 1980 | 1.68 constant 2015 US$ per US$ of GDP | -6.6% |
| 1981 | 1.98 constant 2015 US$ per US$ of GDP | +18.1% |
| 1982 | 2.08 constant 2015 US$ per US$ of GDP | +5.1% |
| 1983 | 2.08 constant 2015 US$ per US$ of GDP | -0.4% |
| 1984 | 2.07 constant 2015 US$ per US$ of GDP | -0.1% |
| 1985 | 2.17 constant 2015 US$ per US$ of GDP | +4.8% |
| 1986 | 2.06 constant 2015 US$ per US$ of GDP | -5.2% |
| 1987 | 1.99 constant 2015 US$ per US$ of GDP | -3.3% |
| 1988 | 1.88 constant 2015 US$ per US$ of GDP | -5.6% |
| 1989 | 1.93 constant 2015 US$ per US$ of GDP | +2.9% |
| 1990 | 1.74 constant 2015 US$ per US$ of GDP | -10.2% |
| 1991 | 1.84 constant 2015 US$ per US$ of GDP | +5.7% |
| 1992 | 1.74 constant 2015 US$ per US$ of GDP | -5.2% |
| 1993 | 1.58 constant 2015 US$ per US$ of GDP | -9.0% |
| 1994 | 1.28 constant 2015 US$ per US$ of GDP | -19.1% |
| 1995 | 1.21 constant 2015 US$ per US$ of GDP | -5.8% |
| 1996 | 1.53 constant 2015 US$ per US$ of GDP | +26.5% |
| 1997 | 1.54 constant 2015 US$ per US$ of GDP | +1.0% |
| 1998 | 1.54 constant 2015 US$ per US$ of GDP | -0.1% |
| 1999 | 1.47 constant 2015 US$ per US$ of GDP | -4.6% |
| 2000 | 1.4 constant 2015 US$ per US$ of GDP | -5.0% |
| 2001 | 1.4 constant 2015 US$ per US$ of GDP | +0.0% |
| 2002 | 1.35 constant 2015 US$ per US$ of GDP | -3.1% |
| 2003 | 1.35 constant 2015 US$ per US$ of GDP | -0.3% |
| 2004 | 1.31 constant 2015 US$ per US$ of GDP | -2.5% |
| 2005 | 1.22 constant 2015 US$ per US$ of GDP | -7.2% |
| 2006 | 1.22 constant 2015 US$ per US$ of GDP | +0.4% |
| 2007 | 1.15 constant 2015 US$ per US$ of GDP | -6.0% |
| 2008 | 1.11 constant 2015 US$ per US$ of GDP | -3.9% |
| 2009 | 1.1 constant 2015 US$ per US$ of GDP | -0.9% |
| 2010 | 1.12 constant 2015 US$ per US$ of GDP | +2.2% |
| 2011 | 0.9717 constant 2015 US$ per US$ of GDP | -13.2% |
| 2012 | 0.9344 constant 2015 US$ per US$ of GDP | -3.8% |
| 2013 | 0.9189 constant 2015 US$ per US$ of GDP | -1.7% |
| 2014 | 0.9037 constant 2015 US$ per US$ of GDP | -1.7% |
| 2015 | 0.8793 constant 2015 US$ per US$ of GDP | -2.7% |
| 2016 | 0.8626 constant 2015 US$ per US$ of GDP | -1.9% |
| 2017 | 0.8286 constant 2015 US$ per US$ of GDP | -3.9% |
| 2018 | 0.818 constant 2015 US$ per US$ of GDP | -1.3% |
| 2019 | 0.7951 constant 2015 US$ per US$ of GDP | -2.8% |
| 2020 | 0.6964 constant 2015 US$ per US$ of GDP | -12.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.56 constant 2015 US$ per US$ of GDP | 1.8 constant 2015 US$ per US$ of GDP | 3.84 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 1.99 constant 2015 US$ per US$ of GDP | 1.68 constant 2015 US$ per US$ of GDP | 2.17 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 1.55 constant 2015 US$ per US$ of GDP | 1.21 constant 2015 US$ per US$ of GDP | 1.84 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.26 constant 2015 US$ per US$ of GDP | 1.1 constant 2015 US$ per US$ of GDP | 1.4 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.9032 constant 2015 US$ per US$ of GDP | 0.7951 constant 2015 US$ per US$ of GDP | 1.12 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.6964 constant 2015 US$ per US$ of GDP | 0.6964 constant 2015 US$ per US$ of GDP | 0.6964 constant 2015 US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 59 Botswana 0.7012 constant 2015 US$ per US$ of GDP compare
- 60 Mali 0.6969 constant 2015 US$ per US$ of GDP compare
- 61 Malaysia 0.6965 constant 2015 US$ per US$ of GDP compare
- 63 Türkiye 0.6934 constant 2015 US$ per US$ of GDP compare
- 64 Kyrgyzstan 0.6921 constant 2015 US$ per US$ of GDP compare
- 65 Greenland 0.6895 constant 2015 US$ per US$ of GDP 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$), per unit of gdp in Cuba?
- Final consumption expenditure (constant 2015 us$), per unit of gdp in Cuba was 0.6964 constant 2015 US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), per unit of gdp recorded in Cuba?
- The highest recorded value was 3.84 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest final consumption expenditure (constant 2015 us$), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.6964 constant 2015 US$ per US$ of GDP in 2020.
- How does Cuba rank for final consumption expenditure (constant 2015 us$), per unit of gdp?
- Cuba ranks 62nd out of 172 countries with data for 2020.
- Is final consumption expenditure (constant 2015 us$), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 37.8%. 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 Final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.