GDP (current LCU), annual growth rate in Cuba
Cuba: GDP (current LCU), annual growth rate was 30.82 % change on previous year in 2024. ◆ Volatile
GDP (current LCU), annual growth rate in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cuba recorded 30.82 % change on previous year for gdp (current lcu), annual growth rate in 2024.
Compared with earlier readings it is down 0.5% on the previous year and up 577.7% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in Cuba peaked at 407.88 % change on previous year in 2021 and was at its lowest, -17.29 % change on previous year, in 1991.
That places Cuba 9th out of 212 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.46 % change on previous year | — |
| 1972 | 12.12 % change on previous year | -43.5% |
| 1973 | 6.8 % change on previous year | -43.9% |
| 1974 | 12.96 % change on previous year | +90.7% |
| 1975 | 14.22 % change on previous year | +9.7% |
| 1976 | 5.98 % change on previous year | -57.9% |
| 1977 | 4.15 % change on previous year | -30.6% |
| 1978 | 16.53 % change on previous year | +298.3% |
| 1979 | 4.05 % change on previous year | -75.5% |
| 1980 | 0.2847 % change on previous year | -93.0% |
| 1981 | 16.65 % change on previous year | +5749.2% |
| 1982 | 6.49 % change on previous year | -61.0% |
| 1983 | 7.09 % change on previous year | +9.3% |
| 1984 | 10.72 % change on previous year | +51.1% |
| 1985 | -0.5952 % change on previous year | -105.6% |
| 1986 | -3.82 % change on previous year | +542.2% |
| 1987 | -1.81 % change on previous year | -52.7% |
| 1988 | 4.98 % change on previous year | -375.9% |
| 1989 | 1.31 % change on previous year | -73.7% |
| 1990 | 2.16 % change on previous year | +64.8% |
| 1991 | -17.29 % change on previous year | -901.3% |
| 1992 | -8.27 % change on previous year | -52.2% |
| 1993 | 1.27 % change on previous year | -115.4% |
| 1994 | 27.19 % change on previous year | +2033.2% |
| 1995 | 13.22 % change on previous year | -51.4% |
| 1996 | 4.96 % change on previous year | -62.5% |
| 1997 | 1.39 % change on previous year | -71.9% |
| 1998 | 1.46 % change on previous year | +4.8% |
| 1999 | 10.21 % change on previous year | +599.4% |
| 2000 | 7.76 % change on previous year | -24.0% |
| 2001 | 3.65 % change on previous year | -52.9% |
| 2002 | 6.02 % change on previous year | +64.8% |
| 2003 | 6.88 % change on previous year | +14.2% |
| 2004 | 6.41 % change on previous year | -6.8% |
| 2005 | 11.62 % change on previous year | +81.3% |
| 2006 | 23.68 % change on previous year | +103.7% |
| 2007 | 11.11 % change on previous year | -53.1% |
| 2008 | 3.76 % change on previous year | -66.2% |
| 2009 | 2.09 % change on previous year | -44.3% |
| 2010 | 3.62 % change on previous year | +72.9% |
| 2011 | 7.25 % change on previous year | +100.1% |
| 2012 | 6.02 % change on previous year | -17.0% |
| 2013 | 5.48 % change on previous year | -8.9% |
| 2014 | 4.55 % change on previous year | -17.0% |
| 2015 | 8.03 % change on previous year | +76.6% |
| 2016 | 4.86 % change on previous year | -39.4% |
| 2017 | 6 % change on previous year | +23.3% |
| 2018 | 3.3 % change on previous year | -44.9% |
| 2019 | 3.38 % change on previous year | +2.2% |
| 2020 | 3.79 % change on previous year | +12.4% |
| 2021 | 407.88 % change on previous year | +10650.8% |
| 2022 | 16.12 % change on previous year | -96.0% |
| 2023 | 30.98 % change on previous year | +92.2% |
| 2024 | 30.82 % change on previous year | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.92 % change on previous year | 4.05 % change on previous year | 21.46 % change on previous year | 9 |
| 1980s | 4.13 % change on previous year | -3.82 % change on previous year | 16.65 % change on previous year | 10 |
| 1990s | 3.63 % change on previous year | -17.29 % change on previous year | 27.19 % change on previous year | 10 |
| 2000s | 8.3 % change on previous year | 2.09 % change on previous year | 23.68 % change on previous year | 10 |
| 2010s | 5.25 % change on previous year | 3.3 % change on previous year | 8.03 % change on previous year | 10 |
| 2020s | 97.92 % change on previous year | 3.79 % change on previous year | 407.88 % change on previous year | 5 |
Countries ranked near Cuba
More economy & growth data for Cuba
- GDP (current US$), annual growth rate 3.79 % change on previous year (2020)
- GDP (current US$), per capita 9,605 current US$ per person (2020)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2020)
- GDP (current LCU), per capita 98,794 current LCU per person (2024)
- 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 unit of GDP 0.4723 constant LCU per US$ of GDP (2020)
- GDP (constant LCU), per capita 4,617 constant LCU per person (2024)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in Cuba?
- Gdp (current lcu), annual growth rate in Cuba was 30.82 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in Cuba?
- The highest recorded value was 407.88 % change on previous year in 2021.
- What is the lowest gdp (current lcu), annual growth rate recorded in Cuba?
- The lowest recorded value was -17.29 % change on previous year in 1991.
- How does Cuba rank for gdp (current lcu), annual growth rate?
- Cuba ranks 9th out of 212 countries with data for 2024.
- Is gdp (current lcu), annual growth rate rising or falling in Cuba?
- Over the last ten years it is up 577.7%. 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 GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- 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
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.