GDP (constant LCU), per unit of GDP in Cuba
Cuba: GDP (constant LCU), per unit of GDP was 0.4723 constant LCU per US$ of GDP in 2020. ▼ Falling
GDP (constant LCU), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Cuba recorded 0.4723 constant LCU per US$ of GDP for gdp (constant lcu), per unit of gdp in 2020. That is the lowest value across all 51 years on record.
That represents a change of down 14.2% on the previous year and down 40.7% over ten years.
Over the whole period, gdp (constant lcu), per unit of gdp in Cuba peaked at 2.54 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.4723 constant LCU per US$ of GDP, in 2020.
Cuba ranks 206th of 212 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 51 years of available data.
GDP (constant LCU), per unit of GDP in Cuba, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 2.54 constant LCU per US$ of GDP | — |
| 1971 | 2.27 constant LCU per US$ of GDP | -10.6% |
| 1972 | 2.02 constant LCU per US$ of GDP | -10.9% |
| 1973 | 1.7 constant LCU per US$ of GDP | -15.8% |
| 1974 | 1.51 constant LCU per US$ of GDP | -11.6% |
| 1975 | 1.44 constant LCU per US$ of GDP | -4.1% |
| 1976 | 1.44 constant LCU per US$ of GDP | -0.4% |
| 1977 | 1.52 constant LCU per US$ of GDP | +5.5% |
| 1978 | 1.29 constant LCU per US$ of GDP | -15.1% |
| 1979 | 1.19 constant LCU per US$ of GDP | -7.9% |
| 1980 | 1.11 constant LCU per US$ of GDP | -6.4% |
| 1981 | 1.31 constant LCU per US$ of GDP | +18.3% |
| 1982 | 1.38 constant LCU per US$ of GDP | +4.7% |
| 1983 | 1.37 constant LCU per US$ of GDP | -0.5% |
| 1984 | 1.36 constant LCU per US$ of GDP | -0.3% |
| 1985 | 1.45 constant LCU per US$ of GDP | +6.6% |
| 1986 | 1.38 constant LCU per US$ of GDP | -5.3% |
| 1987 | 1.29 constant LCU per US$ of GDP | -6.2% |
| 1988 | 1.23 constant LCU per US$ of GDP | -4.8% |
| 1989 | 1.26 constant LCU per US$ of GDP | +2.3% |
| 1990 | 1.15 constant LCU per US$ of GDP | -8.4% |
| 1991 | 1.21 constant LCU per US$ of GDP | +5.2% |
| 1992 | 1.18 constant LCU per US$ of GDP | -2.7% |
| 1993 | 0.9915 constant LCU per US$ of GDP | -15.9% |
| 1994 | 0.7852 constant LCU per US$ of GDP | -20.8% |
| 1995 | 0.7521 constant LCU per US$ of GDP | -4.2% |
| 1996 | 0.9865 constant LCU per US$ of GDP | +31.2% |
| 1997 | 1 constant LCU per US$ of GDP | +1.4% |
| 1998 | 0.9872 constant LCU per US$ of GDP | -1.3% |
| 1999 | 0.9511 constant LCU per US$ of GDP | -3.7% |
| 2000 | 0.9349 constant LCU per US$ of GDP | -1.7% |
| 2001 | 0.9306 constant LCU per US$ of GDP | -0.5% |
| 2002 | 0.8903 constant LCU per US$ of GDP | -4.3% |
| 2003 | 0.8646 constant LCU per US$ of GDP | -2.9% |
| 2004 | 0.8594 constant LCU per US$ of GDP | -0.6% |
| 2005 | 0.8561 constant LCU per US$ of GDP | -0.4% |
| 2006 | 0.8377 constant LCU per US$ of GDP | -2.1% |
| 2007 | 0.8087 constant LCU per US$ of GDP | -3.5% |
| 2008 | 0.8115 constant LCU per US$ of GDP | +0.3% |
| 2009 | 0.8064 constant LCU per US$ of GDP | -0.6% |
| 2010 | 0.7968 constant LCU per US$ of GDP | -1.2% |
| 2011 | 0.7072 constant LCU per US$ of GDP | -11.2% |
| 2012 | 0.6872 constant LCU per US$ of GDP | -2.8% |
| 2013 | 0.6694 constant LCU per US$ of GDP | -2.6% |
| 2014 | 0.647 constant LCU per US$ of GDP | -3.3% |
| 2015 | 0.6255 constant LCU per US$ of GDP | -3.3% |
| 2016 | 0.5995 constant LCU per US$ of GDP | -4.1% |
| 2017 | 0.5758 constant LCU per US$ of GDP | -4.0% |
| 2018 | 0.57 constant LCU per US$ of GDP | -1.0% |
| 2019 | 0.5504 constant LCU per US$ of GDP | -3.4% |
| 2020 | 0.4723 constant LCU per US$ of GDP | -14.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.69 constant LCU per US$ of GDP | 1.19 constant LCU per US$ of GDP | 2.54 constant LCU per US$ of GDP | 10 |
| 1980s | 1.31 constant LCU per US$ of GDP | 1.11 constant LCU per US$ of GDP | 1.45 constant LCU per US$ of GDP | 10 |
| 1990s | 0.9997 constant LCU per US$ of GDP | 0.7521 constant LCU per US$ of GDP | 1.21 constant LCU per US$ of GDP | 10 |
| 2000s | 0.86 constant LCU per US$ of GDP | 0.8064 constant LCU per US$ of GDP | 0.9349 constant LCU per US$ of GDP | 10 |
| 2010s | 0.6429 constant LCU per US$ of GDP | 0.5504 constant LCU per US$ of GDP | 0.7968 constant LCU per US$ of GDP | 10 |
| 2020s | 0.4723 constant LCU per US$ of GDP | 0.4723 constant LCU per US$ of GDP | 0.4723 constant LCU per US$ of GDP | 1 |
Countries ranked near Cuba
- 203 Bulgaria 0.5753 constant LCU per US$ of GDP compare
- 204 Micronesia, Federated States of 0.5219 constant LCU per US$ of GDP compare
- 205 Montenegro 0.5044 constant LCU per US$ of GDP compare
- 207 Azerbaijan 0.4469 constant LCU per US$ of GDP compare
- 208 Oman 0.3585 constant LCU per US$ of GDP compare
- 209 Bahrain 0.3208 constant LCU 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 unit of GDP 0.755 constant 2015 US$ per US$ of GDP (2020)
- 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 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 lcu), per unit of gdp in Cuba?
- Gdp (constant lcu), per unit of gdp in Cuba was 0.4723 constant LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gdp (constant lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 2.54 constant LCU per US$ of GDP in 1970.
- What is the lowest gdp (constant lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.4723 constant LCU per US$ of GDP in 2020.
- How does Cuba rank for gdp (constant lcu), per unit of gdp?
- Cuba ranks 206th out of 212 countries with data for 2020.
- Is gdp (constant lcu), 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 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
GDP (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (constant LCU) ÷ GDP (current US$)
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 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.