Final consumption expenditure (current LCU), per unit of GDP (LCU) in Cuba
Cuba: Final consumption expenditure (current LCU), per unit of GDP (LCU) was 0.8947 current LCU per US$ of GDP in 2020. ▲ Rising
Latest (2020)
0.8947 current LCU per US$ of GDP
Change on year
up 3.0%
World rank
148th
of 188 countries
All-time high
0.9605 current LCU per US$ of GDP
in 2008
All-time low
0.618 current LCU per US$ of GDP
in 1980
Years of data
51
1970–2020
Final consumption expenditure (current LCU), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2020, final consumption expenditure (current lcu), per unit of gdp in Cuba stood at 0.8947 current LCU per US$ of GDP.
That represents a change of up 3.0% on the previous year and down 2.6% over ten years.
Over the whole period, final consumption expenditure (current lcu), per unit of gdp in Cuba peaked at 0.9605 current LCU per US$ of GDP in 2008 and was at its lowest, 0.618 current LCU per US$ of GDP, in 1980.
Cuba ranks 148th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Final consumption expenditure (current LCU), per unit of GDP (LCU) in Cuba, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.8626 current LCU per US$ of GDP | — |
| 1971 | 0.8625 current LCU per US$ of GDP | -0.0% |
| 1972 | 0.822 current LCU per US$ of GDP | -4.7% |
| 1973 | 0.7152 current LCU per US$ of GDP | -13.0% |
| 1974 | 0.7077 current LCU per US$ of GDP | -1.1% |
| 1975 | 0.707 current LCU per US$ of GDP | -0.1% |
| 1976 | 0.7078 current LCU per US$ of GDP | +0.1% |
| 1977 | 0.7161 current LCU per US$ of GDP | +1.2% |
| 1978 | 0.6649 current LCU per US$ of GDP | -7.1% |
| 1979 | 0.6311 current LCU per US$ of GDP | -5.1% |
| 1980 | 0.618 current LCU per US$ of GDP | -2.1% |
| 1981 | 0.7149 current LCU per US$ of GDP | +15.7% |
| 1982 | 0.7361 current LCU per US$ of GDP | +3.0% |
| 1983 | 0.7451 current LCU per US$ of GDP | +1.2% |
| 1984 | 0.764 current LCU per US$ of GDP | +2.5% |
| 1985 | 0.7574 current LCU per US$ of GDP | -0.9% |
| 1986 | 0.7307 current LCU per US$ of GDP | -3.5% |
| 1987 | 0.6993 current LCU per US$ of GDP | -4.3% |
| 1988 | 0.6625 current LCU per US$ of GDP | -5.3% |
| 1989 | 0.6877 current LCU per US$ of GDP | +3.8% |
| 1990 | 0.6385 current LCU per US$ of GDP | -7.2% |
| 1991 | 0.6793 current LCU per US$ of GDP | +6.4% |
| 1992 | 0.7093 current LCU per US$ of GDP | +4.4% |
| 1993 | 0.7202 current LCU per US$ of GDP | +1.5% |
| 1994 | 0.7047 current LCU per US$ of GDP | -2.2% |
| 1995 | 0.7434 current LCU per US$ of GDP | +5.5% |
| 1996 | 0.861 current LCU per US$ of GDP | +15.8% |
| 1997 | 0.8795 current LCU per US$ of GDP | +2.2% |
| 1998 | 0.908 current LCU per US$ of GDP | +3.2% |
| 1999 | 0.9094 current LCU per US$ of GDP | +0.2% |
| 2000 | 0.9031 current LCU per US$ of GDP | -0.7% |
| 2001 | 0.9143 current LCU per US$ of GDP | +1.2% |
| 2002 | 0.9248 current LCU per US$ of GDP | +1.2% |
| 2003 | 0.9218 current LCU per US$ of GDP | -0.3% |
| 2004 | 0.9047 current LCU per US$ of GDP | -1.9% |
| 2005 | 0.8655 current LCU per US$ of GDP | -4.3% |
| 2006 | 0.9508 current LCU per US$ of GDP | +9.8% |
| 2007 | 0.9408 current LCU per US$ of GDP | -1.0% |
| 2008 | 0.9605 current LCU per US$ of GDP | +2.1% |
| 2009 | 0.9402 current LCU per US$ of GDP | -2.1% |
| 2010 | 0.9188 current LCU per US$ of GDP | -2.3% |
| 2011 | 0.8828 current LCU per US$ of GDP | -3.9% |
| 2012 | 0.8627 current LCU per US$ of GDP | -2.3% |
| 2013 | 0.8673 current LCU per US$ of GDP | +0.5% |
| 2014 | 0.8749 current LCU per US$ of GDP | +0.9% |
| 2015 | 0.8793 current LCU per US$ of GDP | +0.5% |
| 2016 | 0.8774 current LCU per US$ of GDP | -0.2% |
| 2017 | 0.8682 current LCU per US$ of GDP | -1.0% |
| 2018 | 0.86 current LCU per US$ of GDP | -0.9% |
| 2019 | 0.869 current LCU per US$ of GDP | +1.0% |
| 2020 | 0.8947 current LCU per US$ of GDP | +3.0% |
Cuba compared with similar countries
- Cuba's 0.8947 current LCU per US$ of GDP is below the median for upper middle income countries, which is 15.47 current LCU per US$ of GDP, 6% of the median. (52 countries reporting)
- Cuba's 0.8947 current LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 6.76 current LCU per US$ of GDP, 13% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7397 current LCU per US$ of GDP | 0.6311 current LCU per US$ of GDP | 0.8626 current LCU per US$ of GDP | 10 |
| 1980s | 0.7116 current LCU per US$ of GDP | 0.618 current LCU per US$ of GDP | 0.764 current LCU per US$ of GDP | 10 |
| 1990s | 0.7753 current LCU per US$ of GDP | 0.6385 current LCU per US$ of GDP | 0.9094 current LCU per US$ of GDP | 10 |
| 2000s | 0.9226 current LCU per US$ of GDP | 0.8655 current LCU per US$ of GDP | 0.9605 current LCU per US$ of GDP | 10 |
| 2010s | 0.8761 current LCU per US$ of GDP | 0.86 current LCU per US$ of GDP | 0.9188 current LCU per US$ of GDP | 10 |
| 2020s | 0.8947 current LCU per US$ of GDP | 0.8947 current LCU per US$ of GDP | 0.8947 current LCU per US$ of GDP | 1 |
Countries ranked near Cuba
- 145 Palestine 1.08 current LCU per US$ of GDP compare
- 146 United States Virgin Islands 1.03 current LCU per US$ of GDP compare
- 147 El Salvador 0.9773 current LCU per US$ of GDP compare
- 149 Montenegro 0.8736 current LCU per US$ of GDP compare
- 150 Puerto Rico 0.8641 current LCU per US$ of GDP compare
- 151 Kosovo 0.8468 current LCU per US$ of GDP compare
- 151 Kosovo (UNSCR 1244) 0.8468 current LCU per US$ of GDP compare
More economy & growth data for Cuba
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, US dollar, per capita 0 units per person (2016)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, SDR, per capita 0 units per person (2016)
- IMF holdings of currency, US dollar, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, US dollar, per capita 0 units per person (2016)
- IMF holdings of currency, SDR, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, SDR, per capita 0 units per person (2016)
Frequently asked questions
- What is final consumption expenditure (current lcu), per unit of gdp in Cuba?
- Final consumption expenditure (current lcu), per unit of gdp in Cuba was 0.8947 current LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.9605 current LCU per US$ of GDP in 2008.
- What is the lowest final consumption expenditure (current lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.618 current LCU per US$ of GDP in 1980.
- How does Cuba rank for final consumption expenditure (current lcu), per unit of gdp?
- Cuba ranks 148th out of 188 countries with data for 2020.
- Is final consumption expenditure (current lcu), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 2.6%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current LCU) ÷ GDP (current US$)
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 (current 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.