Final consumption expenditure (current US$), per unit of GDP (US unit) in Cuba
Cuba: Final consumption expenditure (current US$), per unit of GDP (US unit) was 0.8947 current US$ per US$ of GDP in 2020. ▬ Flat
Latest (2020)
0.8947 current US$ per US$ of GDP
Change on year
up 3.0%
World rank
50th
of 188 countries
All-time high
0.9732 current US$ per US$ of GDP
in 1993
All-time low
0.827 current US$ per US$ of GDP
in 1985
Years of data
51
1970–2020
Final consumption expenditure (current US$), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Cuba recorded 0.8947 current US$ per US$ of GDP for final consumption expenditure (current us$), per unit of gdp in 2020.
The figure is up 3.0% on the previous year and up 5.2% over ten years.
Over the whole period, final consumption expenditure (current us$), per unit of gdp in Cuba peaked at 0.9732 current US$ per US$ of GDP in 1993 and was at its lowest, 0.827 current US$ per US$ of GDP, in 1985.
That places Cuba 50th out of 188 countries with data for 2020, putting it in the middle of the range.
Final consumption expenditure (current US$), per unit of GDP (US unit) in Cuba, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.8626 current US$ per US$ of GDP | — |
| 1971 | 0.8625 current US$ per US$ of GDP | -0.0% |
| 1972 | 0.8626 current US$ per US$ of GDP | +0.0% |
| 1973 | 0.8627 current US$ per US$ of GDP | +0.0% |
| 1974 | 0.863 current US$ per US$ of GDP | +0.0% |
| 1975 | 0.8623 current US$ per US$ of GDP | -0.1% |
| 1976 | 0.8621 current US$ per US$ of GDP | -0.0% |
| 1977 | 0.8628 current US$ per US$ of GDP | +0.1% |
| 1978 | 0.8635 current US$ per US$ of GDP | +0.1% |
| 1979 | 0.8646 current US$ per US$ of GDP | +0.1% |
| 1980 | 0.8583 current US$ per US$ of GDP | -0.7% |
| 1981 | 0.8614 current US$ per US$ of GDP | +0.4% |
| 1982 | 0.866 current US$ per US$ of GDP | +0.5% |
| 1983 | 0.8674 current US$ per US$ of GDP | +0.2% |
| 1984 | 0.8697 current US$ per US$ of GDP | +0.3% |
| 1985 | 0.827 current US$ per US$ of GDP | -4.9% |
| 1986 | 0.8768 current US$ per US$ of GDP | +6.0% |
| 1987 | 0.8894 current US$ per US$ of GDP | +1.4% |
| 1988 | 0.874 current US$ per US$ of GDP | -1.7% |
| 1989 | 0.8814 current US$ per US$ of GDP | +0.8% |
| 1990 | 0.849 current US$ per US$ of GDP | -3.7% |
| 1991 | 0.9271 current US$ per US$ of GDP | +9.2% |
| 1992 | 0.9585 current US$ per US$ of GDP | +3.4% |
| 1993 | 0.9732 current US$ per US$ of GDP | +1.5% |
| 1994 | 0.9522 current US$ per US$ of GDP | -2.2% |
| 1995 | 0.949 current US$ per US$ of GDP | -0.3% |
| 1996 | 0.861 current US$ per US$ of GDP | -9.3% |
| 1997 | 0.8795 current US$ per US$ of GDP | +2.2% |
| 1998 | 0.908 current US$ per US$ of GDP | +3.2% |
| 1999 | 0.9094 current US$ per US$ of GDP | +0.2% |
| 2000 | 0.9031 current US$ per US$ of GDP | -0.7% |
| 2001 | 0.9143 current US$ per US$ of GDP | +1.2% |
| 2002 | 0.9248 current US$ per US$ of GDP | +1.2% |
| 2003 | 0.9218 current US$ per US$ of GDP | -0.3% |
| 2004 | 0.9047 current US$ per US$ of GDP | -1.9% |
| 2005 | 0.8655 current US$ per US$ of GDP | -4.3% |
| 2006 | 0.8803 current US$ per US$ of GDP | +1.7% |
| 2007 | 0.8711 current US$ per US$ of GDP | -1.0% |
| 2008 | 0.8894 current US$ per US$ of GDP | +2.1% |
| 2009 | 0.8706 current US$ per US$ of GDP | -2.1% |
| 2010 | 0.8508 current US$ per US$ of GDP | -2.3% |
| 2011 | 0.8828 current US$ per US$ of GDP | +3.8% |
| 2012 | 0.8627 current US$ per US$ of GDP | -2.3% |
| 2013 | 0.8673 current US$ per US$ of GDP | +0.5% |
| 2014 | 0.8749 current US$ per US$ of GDP | +0.9% |
| 2015 | 0.8793 current US$ per US$ of GDP | +0.5% |
| 2016 | 0.8774 current US$ per US$ of GDP | -0.2% |
| 2017 | 0.8682 current US$ per US$ of GDP | -1.0% |
| 2018 | 0.86 current US$ per US$ of GDP | -0.9% |
| 2019 | 0.869 current US$ per US$ of GDP | +1.0% |
| 2020 | 0.8947 current US$ per US$ of GDP | +3.0% |
Cuba compared with similar countries
- Cuba's 0.8947 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.8111 current US$ per US$ of GDP, 1.1× the median. (52 countries reporting)
- Cuba's 0.8947 current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.8374 current US$ per US$ of GDP, 1.1× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8629 current US$ per US$ of GDP | 0.8621 current US$ per US$ of GDP | 0.8646 current US$ per US$ of GDP | 10 |
| 1980s | 0.8671 current US$ per US$ of GDP | 0.827 current US$ per US$ of GDP | 0.8894 current US$ per US$ of GDP | 10 |
| 1990s | 0.9167 current US$ per US$ of GDP | 0.849 current US$ per US$ of GDP | 0.9732 current US$ per US$ of GDP | 10 |
| 2000s | 0.8946 current US$ per US$ of GDP | 0.8655 current US$ per US$ of GDP | 0.9248 current US$ per US$ of GDP | 10 |
| 2010s | 0.8693 current US$ per US$ of GDP | 0.8508 current US$ per US$ of GDP | 0.8828 current US$ per US$ of GDP | 10 |
| 2020s | 0.8947 current US$ per US$ of GDP | 0.8947 current US$ per US$ of GDP | 0.8947 current US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 47 Mozambique 0.9012 current US$ per US$ of GDP compare
- 48 New Caledonia 0.8997 current US$ per US$ of GDP compare
- 49 Bosnia and Herzegovina 0.8967 current US$ per US$ of GDP compare
- 51 Fiji 0.8928 current US$ per US$ of GDP compare
- 52 Venezuela 0.8928 current US$ per US$ of GDP compare
- 53 Colombia 0.8868 current US$ 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 us$), per unit of gdp in Cuba?
- Final consumption expenditure (current us$), per unit of gdp in Cuba was 0.8947 current US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.9732 current US$ per US$ of GDP in 1993.
- What is the lowest final consumption expenditure (current us$), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.827 current US$ per US$ of GDP in 1985.
- How does Cuba rank for final consumption expenditure (current us$), per unit of gdp?
- Cuba ranks 50th out of 188 countries with data for 2020.
- Is final consumption expenditure (current us$), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is up 5.2%. The long-run trend across the full record is flat.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (current US$) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.