Final consumption expenditure (constant LCU), per unit of GDP in Cuba
Cuba: Final consumption expenditure (constant LCU), per unit of GDP was 0.3972 constant LCU per US$ of GDP in 2020. ▼ Falling
Final consumption expenditure (constant LCU), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2020, final consumption expenditure (constant lcu), per unit of gdp in Cuba stood at 0.3972 constant LCU per US$ of GDP. That is the lowest value across all 51 years on record.
The figure is down 12.4% on the previous year and down 37.8% over ten years.
Over the whole period, final consumption expenditure (constant lcu), per unit of gdp in Cuba peaked at 2.19 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.3972 constant LCU per US$ of GDP, in 2020.
That places Cuba 167th out of 177 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 51 years of available data.
Final consumption expenditure (constant LCU), per unit of GDP in Cuba, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 2.19 constant LCU per US$ of GDP | — |
| 1971 | 1.96 constant LCU per US$ of GDP | -10.6% |
| 1972 | 1.75 constant LCU per US$ of GDP | -10.9% |
| 1973 | 1.47 constant LCU per US$ of GDP | -15.7% |
| 1974 | 1.3 constant LCU per US$ of GDP | -11.6% |
| 1975 | 1.25 constant LCU per US$ of GDP | -4.2% |
| 1976 | 1.24 constant LCU per US$ of GDP | -0.4% |
| 1977 | 1.31 constant LCU per US$ of GDP | +5.5% |
| 1978 | 1.11 constant LCU per US$ of GDP | -15.1% |
| 1979 | 1.03 constant LCU per US$ of GDP | -7.8% |
| 1980 | 0.9572 constant LCU per US$ of GDP | -6.6% |
| 1981 | 1.13 constant LCU per US$ of GDP | +18.1% |
| 1982 | 1.19 constant LCU per US$ of GDP | +5.1% |
| 1983 | 1.18 constant LCU per US$ of GDP | -0.4% |
| 1984 | 1.18 constant LCU per US$ of GDP | -0.1% |
| 1985 | 1.24 constant LCU per US$ of GDP | +4.8% |
| 1986 | 1.18 constant LCU per US$ of GDP | -5.2% |
| 1987 | 1.14 constant LCU per US$ of GDP | -3.3% |
| 1988 | 1.07 constant LCU per US$ of GDP | -5.6% |
| 1989 | 1.1 constant LCU per US$ of GDP | +2.9% |
| 1990 | 0.9911 constant LCU per US$ of GDP | -10.2% |
| 1991 | 1.05 constant LCU per US$ of GDP | +5.7% |
| 1992 | 0.9926 constant LCU per US$ of GDP | -5.2% |
| 1993 | 0.9036 constant LCU per US$ of GDP | -9.0% |
| 1994 | 0.7309 constant LCU per US$ of GDP | -19.1% |
| 1995 | 0.6884 constant LCU per US$ of GDP | -5.8% |
| 1996 | 0.8707 constant LCU per US$ of GDP | +26.5% |
| 1997 | 0.8795 constant LCU per US$ of GDP | +1.0% |
| 1998 | 0.8785 constant LCU per US$ of GDP | -0.1% |
| 1999 | 0.8378 constant LCU per US$ of GDP | -4.6% |
| 2000 | 0.796 constant LCU per US$ of GDP | -5.0% |
| 2001 | 0.796 constant LCU per US$ of GDP | +0.0% |
| 2002 | 0.7713 constant LCU per US$ of GDP | -3.1% |
| 2003 | 0.7688 constant LCU per US$ of GDP | -0.3% |
| 2004 | 0.7493 constant LCU per US$ of GDP | -2.5% |
| 2005 | 0.6955 constant LCU per US$ of GDP | -7.2% |
| 2006 | 0.6984 constant LCU per US$ of GDP | +0.4% |
| 2007 | 0.6562 constant LCU per US$ of GDP | -6.0% |
| 2008 | 0.6306 constant LCU per US$ of GDP | -3.9% |
| 2009 | 0.625 constant LCU per US$ of GDP | -0.9% |
| 2010 | 0.6386 constant LCU per US$ of GDP | +2.2% |
| 2011 | 0.5542 constant LCU per US$ of GDP | -13.2% |
| 2012 | 0.533 constant LCU per US$ of GDP | -3.8% |
| 2013 | 0.5241 constant LCU per US$ of GDP | -1.7% |
| 2014 | 0.5154 constant LCU per US$ of GDP | -1.7% |
| 2015 | 0.5015 constant LCU per US$ of GDP | -2.7% |
| 2016 | 0.492 constant LCU per US$ of GDP | -1.9% |
| 2017 | 0.4726 constant LCU per US$ of GDP | -3.9% |
| 2018 | 0.4665 constant LCU per US$ of GDP | -1.3% |
| 2019 | 0.4535 constant LCU per US$ of GDP | -2.8% |
| 2020 | 0.3972 constant LCU per US$ of GDP | -12.4% |
Cuba compared with similar countries
- Cuba's 0.3972 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 9.48 constant LCU per US$ of GDP, 4% of the median. (48 countries reporting)
- Cuba's 0.3972 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 3.5 constant LCU per US$ of GDP, 11% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure (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 | +26.5% | 0.6884 constant LCU per US$ of GDP | 0.8707 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.46 constant LCU per US$ of GDP | 1.03 constant LCU per US$ of GDP | 2.19 constant LCU per US$ of GDP | 10 |
| 1980s | 1.14 constant LCU per US$ of GDP | 0.9572 constant LCU per US$ of GDP | 1.24 constant LCU per US$ of GDP | 10 |
| 1990s | 0.882 constant LCU per US$ of GDP | 0.6884 constant LCU per US$ of GDP | 1.05 constant LCU per US$ of GDP | 10 |
| 2000s | 0.7187 constant LCU per US$ of GDP | 0.625 constant LCU per US$ of GDP | 0.796 constant LCU per US$ of GDP | 10 |
| 2010s | 0.5152 constant LCU per US$ of GDP | 0.4535 constant LCU per US$ of GDP | 0.6386 constant LCU per US$ of GDP | 10 |
| 2020s | 0.3972 constant LCU per US$ of GDP | 0.3972 constant LCU per US$ of GDP | 0.3972 constant LCU per US$ of GDP | 1 |
Countries ranked near Cuba
- 164 Malta 0.4536 constant LCU per US$ of GDP compare
- 165 Bermuda 0.4483 constant LCU per US$ of GDP compare
- 166 Lithuania 0.4449 constant LCU per US$ of GDP compare
- 168 Luxembourg 0.3936 constant LCU per US$ of GDP compare
- 169 San Marino 0.3662 constant LCU per US$ of GDP compare
- 170 Tajikistan 0.3455 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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is final consumption expenditure (constant lcu), per unit of gdp in Cuba?
- Final consumption expenditure (constant lcu), per unit of gdp in Cuba was 0.3972 constant LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 2.19 constant LCU per US$ of GDP in 1970.
- What is the lowest final consumption expenditure (constant lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.3972 constant LCU per US$ of GDP in 2020.
- How does Cuba rank for final consumption expenditure (constant lcu), per unit of gdp?
- Cuba ranks 167th out of 177 countries with data for 2020.
- Is final consumption expenditure (constant lcu), 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 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
Final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (constant LCU) ÷ GDP (current US$)
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 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.