GDP (current US$), annual growth rate in Cuba
Cuba: GDP (current US$), annual growth rate was 3.79 % change on previous year in 2020. ◆ Volatile
GDP (current US$), annual growth rate in Cuba, 1971–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2020, gdp (current us$), annual growth rate in Cuba stood at 3.79 % change on previous year.
The figure is up 12.4% on the previous year and up 4.8% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Cuba peaked at 27.19 % change on previous year in 1994 and was at its lowest, -17.79 % change on previous year, in 1996.
That places Cuba 168th out of 212 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.46 % change on previous year | — |
| 1972 | 17.65 % change on previous year | -17.7% |
| 1973 | 22.77 % change on previous year | +29.0% |
| 1974 | 14.2 % change on previous year | -37.6% |
| 1975 | 14.22 % change on previous year | +0.1% |
| 1976 | 5.85 % change on previous year | -58.8% |
| 1977 | 3.02 % change on previous year | -48.4% |
| 1978 | 25.61 % change on previous year | +747.8% |
| 1979 | 9.75 % change on previous year | -61.9% |
| 1980 | 1.68 % change on previous year | -82.8% |
| 1981 | 1.19 % change on previous year | -28.9% |
| 1982 | 3.99 % change on previous year | +234.3% |
| 1983 | 5.97 % change on previous year | +49.8% |
| 1984 | 8.26 % change on previous year | +38.3% |
| 1985 | -4.65 % change on previous year | -156.3% |
| 1986 | 5.7 % change on previous year | -222.4% |
| 1987 | 4.08 % change on previous year | -28.5% |
| 1988 | 8.9 % change on previous year | +118.5% |
| 1989 | -1.59 % change on previous year | -117.8% |
| 1990 | 6 % change on previous year | -478.4% |
| 1991 | -15.11 % change on previous year | -351.8% |
| 1992 | -9.17 % change on previous year | -39.3% |
| 1993 | 1.27 % change on previous year | -113.9% |
| 1994 | 27.19 % change on previous year | +2033.8% |
| 1995 | 6.97 % change on previous year | -74.4% |
| 1996 | -17.79 % change on previous year | -355.4% |
| 1997 | 1.39 % change on previous year | -107.8% |
| 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 | 14.52 % change on previous year | +24.9% |
| 2007 | 11.11 % change on previous year | -23.5% |
| 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 | 15.83 % change on previous year | +337.1% |
| 2012 | 6.02 % change on previous year | -62.0% |
| 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% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.95 % change on previous year | 3.02 % change on previous year | 25.61 % change on previous year | 9 |
| 1980s | 3.35 % change on previous year | -4.65 % change on previous year | 8.9 % change on previous year | 10 |
| 1990s | 1.24 % change on previous year | -17.79 % change on previous year | 27.19 % change on previous year | 10 |
| 2000s | 7.38 % change on previous year | 2.09 % change on previous year | 14.52 % change on previous year | 10 |
| 2010s | 6.11 % change on previous year | 3.3 % change on previous year | 15.83 % change on previous year | 10 |
| 2020s | 3.79 % change on previous year | 3.79 % change on previous year | 3.79 % change on previous year | 1 |
Countries ranked near Cuba
More economy & growth data for Cuba
- GDP (current US$), per capita 9,605 current US$ per person (2020)
- GDP (current LCU), annual growth rate 30.82 % change on previous year (2024)
- 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 us$), annual growth rate in Cuba?
- Gdp (current us$), annual growth rate in Cuba was 3.79 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Cuba?
- The highest recorded value was 27.19 % change on previous year in 1994.
- What is the lowest gdp (current us$), annual growth rate recorded in Cuba?
- The lowest recorded value was -17.79 % change on previous year in 1996.
- How does Cuba rank for gdp (current us$), annual growth rate?
- Cuba ranks 168th out of 212 countries with data for 2020.
- Is gdp (current us$), annual growth rate rising or falling in Cuba?
- Over the last ten years it is up 4.8%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.