Final consumption expenditure (current LCU), annual growth rate in Cuba
Cuba: Final consumption expenditure (current LCU), annual growth rate was 40.33 % change on previous year in 2024. ◆ Volatile
Final consumption expenditure (current LCU), annual growth rate in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for final consumption expenditure (current lcu), annual growth rate in Cuba is 40.33 % change on previous year, measured in 2024.
Compared with earlier readings it is down 18.3% on the previous year and up 637.3% over ten years.
Over the whole period, final consumption expenditure (current lcu), annual growth rate in Cuba peaked at 390.59 % change on previous year in 2021 and was at its lowest, -9.69 % change on previous year, in 1991.
That places Cuba 9th out of 187 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current LCU), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.45 % change on previous year | — |
| 1972 | 12.13 % change on previous year | -43.5% |
| 1973 | 6.82 % change on previous year | -43.8% |
| 1974 | 13 % change on previous year | +90.7% |
| 1975 | 14.11 % change on previous year | +8.5% |
| 1976 | 5.96 % change on previous year | -57.8% |
| 1977 | 4.23 % change on previous year | -29.1% |
| 1978 | 16.64 % change on previous year | +293.3% |
| 1979 | 4.17 % change on previous year | -74.9% |
| 1980 | -0.4425 % change on previous year | -110.6% |
| 1981 | 17.07 % change on previous year | -3957.3% |
| 1982 | 7.07 % change on previous year | -58.6% |
| 1983 | 7.26 % change on previous year | +2.7% |
| 1984 | 11.02 % change on previous year | +51.8% |
| 1985 | -5.48 % change on previous year | -149.7% |
| 1986 | 1.97 % change on previous year | -135.9% |
| 1987 | -0.3932 % change on previous year | -120.0% |
| 1988 | 3.17 % change on previous year | -907.1% |
| 1989 | 2.16 % change on previous year | -32.0% |
| 1990 | -1.59 % change on previous year | -173.7% |
| 1991 | -9.69 % change on previous year | +509.8% |
| 1992 | -5.15 % change on previous year | -46.8% |
| 1993 | 2.83 % change on previous year | -154.9% |
| 1994 | 24.44 % change on previous year | +764.2% |
| 1995 | 12.84 % change on previous year | -47.5% |
| 1996 | -4.78 % change on previous year | -137.2% |
| 1997 | 3.57 % change on previous year | -174.8% |
| 1998 | 4.74 % change on previous year | +32.6% |
| 1999 | 10.38 % change on previous year | +119.0% |
| 2000 | 7.02 % change on previous year | -32.4% |
| 2001 | 4.93 % change on previous year | -29.7% |
| 2002 | 7.24 % change on previous year | +46.8% |
| 2003 | 6.53 % change on previous year | -9.8% |
| 2004 | 4.44 % change on previous year | -32.1% |
| 2005 | 6.79 % change on previous year | +53.1% |
| 2006 | 25.8 % change on previous year | +279.9% |
| 2007 | 9.95 % change on previous year | -61.4% |
| 2008 | 5.93 % change on previous year | -40.4% |
| 2009 | -0.0638 % change on previous year | -101.1% |
| 2010 | 1.27 % change on previous year | -2083.9% |
| 2011 | 11.29 % change on previous year | +791.8% |
| 2012 | 3.6 % change on previous year | -68.1% |
| 2013 | 6.04 % change on previous year | +67.9% |
| 2014 | 5.47 % change on previous year | -9.5% |
| 2015 | 8.57 % change on previous year | +56.6% |
| 2016 | 4.64 % change on previous year | -45.8% |
| 2017 | 4.88 % change on previous year | +5.3% |
| 2018 | 2.33 % change on previous year | -52.3% |
| 2019 | 4.45 % change on previous year | +91.1% |
| 2020 | 6.87 % change on previous year | +54.3% |
| 2021 | 390.59 % change on previous year | +5587.6% |
| 2022 | 27.08 % change on previous year | -93.1% |
| 2023 | 49.36 % change on previous year | +82.3% |
| 2024 | 40.33 % change on previous year | -18.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.94 % change on previous year | 4.17 % change on previous year | 21.45 % change on previous year | 9 |
| 1980s | 4.34 % change on previous year | -5.48 % change on previous year | 17.07 % change on previous year | 10 |
| 1990s | 3.76 % change on previous year | -9.69 % change on previous year | 24.44 % change on previous year | 10 |
| 2000s | 7.86 % change on previous year | -0.0638 % change on previous year | 25.8 % change on previous year | 10 |
| 2010s | 5.25 % change on previous year | 1.27 % change on previous year | 11.29 % change on previous year | 10 |
| 2020s | 102.85 % change on previous year | 6.87 % change on previous year | 390.59 % change on previous year | 5 |
Countries ranked near Cuba
- 6 Argentina 51.05 % change on previous year compare
- 7 Iran, Islamic Republic of 43.11 % change on previous year compare
- 8 Türkiye 41.01 % change on previous year compare
- 10 Egypt 37.34 % change on previous year compare
- 11 Angola 37.08 % change on previous year compare
- 12 Malawi 30.29 % 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), per unit of GDP 0.8947 current LCU per US$ of GDP (2020)
Frequently asked questions
- What is final consumption expenditure (current lcu), annual growth rate in Cuba?
- Final consumption expenditure (current lcu), annual growth rate in Cuba was 40.33 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), annual growth rate recorded in Cuba?
- The highest recorded value was 390.59 % change on previous year in 2021.
- What is the lowest final consumption expenditure (current lcu), annual growth rate recorded in Cuba?
- The lowest recorded value was -9.69 % change on previous year in 1991.
- How does Cuba rank for final consumption expenditure (current lcu), annual growth rate?
- Cuba ranks 9th out of 187 countries with data for 2024.
- Is final consumption expenditure (current lcu), annual growth rate rising or falling in Cuba?
- Over the last ten years it is up 637.3%. 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 (current LCU), 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 Final consumption expenditure (current LCU). 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.