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% |
Cuba compared with similar countries
- Cuba's 0.755 constant 2015 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.8147 constant 2015 US$ per US$ of GDP, 93% of the median. (59 countries reporting)
- Cuba's 0.755 constant 2015 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.8174 constant 2015 US$ per US$ of GDP, 92% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP (constant 2015 US$), per unit of GDP in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +31.2% | 1.2 constant 2015 US$ per US$ of GDP | 1.58 constant 2015 US$ per US$ of GDP |
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 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
- 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 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP (constant 2015 US$) 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.