Final consumption expenditure (current US$), annual growth rate in Cuba
Cuba: Final consumption expenditure (current US$), annual growth rate was 6.87 % change on previous year in 2020. ◆ Volatile
Final consumption expenditure (current US$), annual growth rate in Cuba, 1971–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for final consumption expenditure (current us$), annual growth rate in Cuba is 6.87 % change on previous year, measured in 2020.
That represents a change of up 54.3% on the previous year and up 442.6% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in Cuba peaked at 25.72 % change on previous year in 1978 and was at its lowest, -25.41 % change on previous year, in 1996.
That places Cuba 118th out of 187 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.45 % change on previous year | — |
| 1972 | 17.66 % change on previous year | -17.7% |
| 1973 | 22.79 % change on previous year | +29.1% |
| 1974 | 14.24 % change on previous year | -37.5% |
| 1975 | 14.11 % change on previous year | -0.9% |
| 1976 | 5.83 % change on previous year | -58.7% |
| 1977 | 3.1 % change on previous year | -46.8% |
| 1978 | 25.72 % change on previous year | +729.9% |
| 1979 | 9.88 % change on previous year | -61.6% |
| 1980 | 0.9408 % change on previous year | -90.5% |
| 1981 | 1.55 % change on previous year | +65.2% |
| 1982 | 4.55 % change on previous year | +192.7% |
| 1983 | 6.14 % change on previous year | +34.9% |
| 1984 | 8.55 % change on previous year | +39.4% |
| 1985 | -9.34 % change on previous year | -209.2% |
| 1986 | 12.06 % change on previous year | -229.2% |
| 1987 | 5.57 % change on previous year | -53.8% |
| 1988 | 7.02 % change on previous year | +26.0% |
| 1989 | -0.7621 % change on previous year | -110.8% |
| 1990 | 2.11 % change on previous year | -377.5% |
| 1991 | -7.31 % change on previous year | -445.7% |
| 1992 | -6.09 % change on previous year | -16.7% |
| 1993 | 2.83 % change on previous year | -146.4% |
| 1994 | 24.44 % change on previous year | +764.2% |
| 1995 | 6.6 % change on previous year | -73.0% |
| 1996 | -25.41 % change on previous year | -484.8% |
| 1997 | 3.57 % change on previous year | -114.1% |
| 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 | 16.48 % change on previous year | +142.7% |
| 2007 | 9.95 % change on previous year | -39.6% |
| 2008 | 5.93 % change on previous year | -40.4% |
| 2009 | -0.0637 % change on previous year | -101.1% |
| 2010 | 1.27 % change on previous year | -2086.5% |
| 2011 | 20.19 % change on previous year | +1495.3% |
| 2012 | 3.6 % change on previous year | -82.2% |
| 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% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.98 % change on previous year | 3.1 % change on previous year | 25.72 % change on previous year | 9 |
| 1980s | 3.63 % change on previous year | -9.34 % change on previous year | 12.06 % change on previous year | 10 |
| 1990s | 1.59 % change on previous year | -25.41 % change on previous year | 24.44 % change on previous year | 10 |
| 2000s | 6.93 % change on previous year | -0.0637 % change on previous year | 16.48 % change on previous year | 10 |
| 2010s | 6.14 % change on previous year | 1.27 % change on previous year | 20.19 % change on previous year | 10 |
| 2020s | 6.87 % change on previous year | 6.87 % change on previous year | 6.87 % change on previous year | 1 |
Countries ranked near Cuba
- 115 Palau 7.03 % change on previous year compare
- 116 Singapore 6.97 % change on previous year compare
- 117 Nicaragua 6.89 % change on previous year compare
- 119 Mauritius 6.78 % change on previous year compare
- 120 Vanuatu 6.54 % change on previous year compare
- 121 Philippines 6.48 % 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$), per unit of GDP 0.8947 current US$ 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)
- 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 us$), annual growth rate in Cuba?
- Final consumption expenditure (current us$), annual growth rate in Cuba was 6.87 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in Cuba?
- The highest recorded value was 25.72 % change on previous year in 1978.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in Cuba?
- The lowest recorded value was -25.41 % change on previous year in 1996.
- How does Cuba rank for final consumption expenditure (current us$), annual growth rate?
- Cuba ranks 118th out of 187 countries with data for 2020.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in Cuba?
- Over the last ten years it is up 442.6%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). 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 Offices (NSOs)
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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.