GDP (constant 2015 US$), per unit of GDP in Cuba
Cuba: GDP (constant 2015 US$), per unit of GDP was 0.755 constant 2015 US$ per US$ of GDP in 2020. ▼ Falling
GDP (constant 2015 US$), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2020, gdp (constant 2015 us$), per unit of gdp in Cuba stood at 0.755 constant 2015 US$ per US$ of GDP. That is the lowest value across all 51 years on record.
Compared with earlier readings it is down 14.2% on the previous year and down 40.7% over ten years.
Over the whole period, gdp (constant 2015 us$), per unit of gdp in Cuba peaked at 4.06 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.755 constant 2015 US$ per US$ of GDP, in 2020.
That places Cuba 143rd out of 210 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
GDP (constant 2015 US$), per unit of GDP in Cuba, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 4.06 constant 2015 US$ per US$ of GDP | — |
| 1971 | 3.63 constant 2015 US$ per US$ of GDP | -10.6% |
| 1972 | 3.23 constant 2015 US$ per US$ of GDP | -10.9% |
| 1973 | 2.73 constant 2015 US$ per US$ of GDP | -15.8% |
| 1974 | 2.41 constant 2015 US$ per US$ of GDP | -11.6% |
| 1975 | 2.31 constant 2015 US$ per US$ of GDP | -4.1% |
| 1976 | 2.3 constant 2015 US$ per US$ of GDP | -0.4% |
| 1977 | 2.43 constant 2015 US$ per US$ of GDP | +5.5% |
| 1978 | 2.06 constant 2015 US$ per US$ of GDP | -15.1% |
| 1979 | 1.9 constant 2015 US$ per US$ of GDP | -7.9% |
| 1980 | 1.78 constant 2015 US$ per US$ of GDP | -6.4% |
| 1981 | 2.1 constant 2015 US$ per US$ of GDP | +18.3% |
| 1982 | 2.2 constant 2015 US$ per US$ of GDP | +4.7% |
| 1983 | 2.19 constant 2015 US$ per US$ of GDP | -0.5% |
| 1984 | 2.18 constant 2015 US$ per US$ of GDP | -0.3% |
| 1985 | 2.32 constant 2015 US$ per US$ of GDP | +6.6% |
| 1986 | 2.2 constant 2015 US$ per US$ of GDP | -5.3% |
| 1987 | 2.06 constant 2015 US$ per US$ of GDP | -6.2% |
| 1988 | 1.97 constant 2015 US$ per US$ of GDP | -4.8% |
| 1989 | 2.01 constant 2015 US$ per US$ of GDP | +2.3% |
| 1990 | 1.84 constant 2015 US$ per US$ of GDP | -8.4% |
| 1991 | 1.94 constant 2015 US$ per US$ of GDP | +5.2% |
| 1992 | 1.89 constant 2015 US$ per US$ of GDP | -2.7% |
| 1993 | 1.59 constant 2015 US$ per US$ of GDP | -15.9% |
| 1994 | 1.26 constant 2015 US$ per US$ of GDP | -20.8% |
| 1995 | 1.2 constant 2015 US$ per US$ of GDP | -4.2% |
| 1996 | 1.58 constant 2015 US$ per US$ of GDP | +31.2% |
| 1997 | 1.6 constant 2015 US$ per US$ of GDP | +1.4% |
| 1998 | 1.58 constant 2015 US$ per US$ of GDP | -1.3% |
| 1999 | 1.52 constant 2015 US$ per US$ of GDP | -3.7% |
| 2000 | 1.49 constant 2015 US$ per US$ of GDP | -1.7% |
| 2001 | 1.49 constant 2015 US$ per US$ of GDP | -0.5% |
| 2002 | 1.42 constant 2015 US$ per US$ of GDP | -4.3% |
| 2003 | 1.38 constant 2015 US$ per US$ of GDP | -2.9% |
| 2004 | 1.37 constant 2015 US$ per US$ of GDP | -0.6% |
| 2005 | 1.37 constant 2015 US$ per US$ of GDP | -0.4% |
| 2006 | 1.34 constant 2015 US$ per US$ of GDP | -2.1% |
| 2007 | 1.29 constant 2015 US$ per US$ of GDP | -3.5% |
| 2008 | 1.3 constant 2015 US$ per US$ of GDP | +0.3% |
| 2009 | 1.29 constant 2015 US$ per US$ of GDP | -0.6% |
| 2010 | 1.27 constant 2015 US$ per US$ of GDP | -1.2% |
| 2011 | 1.13 constant 2015 US$ per US$ of GDP | -11.2% |
| 2012 | 1.1 constant 2015 US$ per US$ of GDP | -2.8% |
| 2013 | 1.07 constant 2015 US$ per US$ of GDP | -2.6% |
| 2014 | 1.03 constant 2015 US$ per US$ of GDP | -3.3% |
| 2015 | 1 constant 2015 US$ per US$ of GDP | -3.3% |
| 2016 | 0.9585 constant 2015 US$ per US$ of GDP | -4.1% |
| 2017 | 0.9206 constant 2015 US$ per US$ of GDP | -4.0% |
| 2018 | 0.9112 constant 2015 US$ per US$ of GDP | -1.0% |
| 2019 | 0.88 constant 2015 US$ per US$ of GDP | -3.4% |
| 2020 | 0.755 constant 2015 US$ per US$ of GDP | -14.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.71 constant 2015 US$ per US$ of GDP | 1.9 constant 2015 US$ per US$ of GDP | 4.06 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 2.1 constant 2015 US$ per US$ of GDP | 1.78 constant 2015 US$ per US$ of GDP | 2.32 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 1.6 constant 2015 US$ per US$ of GDP | 1.2 constant 2015 US$ per US$ of GDP | 1.94 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.37 constant 2015 US$ per US$ of GDP | 1.29 constant 2015 US$ per US$ of GDP | 1.49 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 1.03 constant 2015 US$ per US$ of GDP | 0.88 constant 2015 US$ per US$ of GDP | 1.27 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.755 constant 2015 US$ per US$ of GDP | 0.755 constant 2015 US$ per US$ of GDP | 0.755 constant 2015 US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 140 American Samoa 0.7609 constant 2015 US$ per US$ of GDP compare
- 141 Myanmar 0.7576 constant 2015 US$ per US$ of GDP compare
- 142 Cameroon 0.7552 constant 2015 US$ per US$ of GDP compare
- 144 United States of America 0.7547 constant 2015 US$ per US$ of GDP compare
- 145 Tonga 0.7536 constant 2015 US$ per US$ of GDP compare
- 146 Tuvalu 0.7493 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Cuba
- GDP (constant 2015 US$), annual growth rate -1.06 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 7,381 constant 2015 US$ per person (2024)
- GDP (constant LCU), annual growth rate -1.06 % change on previous year (2024)
- GDP (constant LCU), per unit of GDP 0.4723 constant LCU per US$ of GDP (2020)
- GDP (constant LCU), per capita 4,617 constant LCU per person (2024)
- Gross domestic savings (current US$), annual growth rate -16.59 % change on previous year (2020)
- Gross domestic savings (current US$), per unit of GDP 0.1053 current US$ per US$ of GDP (2020)
- Gross domestic savings (current US$), per capita 1,011 current US$ per person (2020)
- Gross domestic savings (current LCU), annual growth rate -161.38 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.1053 current LCU per US$ of GDP (2020)
Frequently asked questions
- What is gdp (constant 2015 us$), per unit of gdp in Cuba?
- Gdp (constant 2015 us$), per unit of gdp in Cuba was 0.755 constant 2015 US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gdp (constant 2015 us$), per unit of gdp recorded in Cuba?
- The highest recorded value was 4.06 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest gdp (constant 2015 us$), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.755 constant 2015 US$ per US$ of GDP in 2020.
- How does Cuba rank for gdp (constant 2015 us$), per unit of gdp?
- Cuba ranks 143rd out of 210 countries with data for 2020.
- Is gdp (constant 2015 us$), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 40.7%. 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 GDP (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
GDP (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (constant 2015 US$) ÷ GDP (current US$)
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.