GDP deflator (base year varies by country), annual growth rate in Cuba
Cuba: GDP deflator (base year varies by country), annual growth rate was 32.22 % change on previous year in 2024. ◆ Volatile
Latest (2024)
32.22 % change on previous year
Change on year
down 4.0%
World rank
9th
of 212 countries
All-time high
401.59 % change on previous year
in 2021
All-time low
-7.39 % change on previous year
in 1991
Years of data
54
1971–2024
GDP deflator (base year varies by country), annual growth rate in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator (base year varies by country), annual growth rate in Cuba is 32.22 % change on previous year, measured in 2024.
That represents a change of down 4.0% on the previous year and up 830.2% over ten years.
Over the whole period, gdp deflator (base year varies by country), annual growth rate in Cuba peaked at 401.59 % change on previous year in 2021 and was at its lowest, -7.39 % change on previous year, in 1991.
Cuba ranks 9th of 212 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP deflator (base year varies by country), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.86 % change on previous year | — |
| 1972 | 6.96 % change on previous year | -41.3% |
| 1973 | 3.25 % change on previous year | -53.3% |
| 1974 | 11.86 % change on previous year | +264.7% |
| 1975 | 4.33 % change on previous year | -63.5% |
| 1976 | 0.5232 % change on previous year | -87.9% |
| 1977 | -4.19 % change on previous year | -901.7% |
| 1978 | 9.32 % change on previous year | -322.3% |
| 1979 | 2.93 % change on previous year | -68.6% |
| 1980 | 5.4 % change on previous year | +84.3% |
| 1981 | -2.54 % change on previous year | -147.0% |
| 1982 | -2.23 % change on previous year | -12.2% |
| 1983 | 1.6 % change on previous year | -171.7% |
| 1984 | 2.58 % change on previous year | +61.9% |
| 1985 | -2.16 % change on previous year | -183.5% |
| 1986 | -3.91 % change on previous year | +81.4% |
| 1987 | 0.6104 % change on previous year | -115.6% |
| 1988 | 1.23 % change on previous year | +102.0% |
| 1989 | 0.6249 % change on previous year | -49.3% |
| 1990 | 5.26 % change on previous year | +741.9% |
| 1991 | -7.39 % change on previous year | -240.4% |
| 1992 | 3.75 % change on previous year | -150.7% |
| 1993 | 18.98 % change on previous year | +406.6% |
| 1994 | 26.28 % change on previous year | +38.5% |
| 1995 | 10.51 % change on previous year | -60.0% |
| 1996 | -2.67 % change on previous year | -125.4% |
| 1997 | -1.35 % change on previous year | -49.4% |
| 1998 | 1.3 % change on previous year | -196.0% |
| 1999 | 3.79 % change on previous year | +191.7% |
| 2000 | 1.74 % change on previous year | -54.1% |
| 2001 | 0.4553 % change on previous year | -73.8% |
| 2002 | 4.53 % change on previous year | +895.7% |
| 2003 | 2.97 % change on previous year | -34.4% |
| 2004 | 0.6061 % change on previous year | -79.6% |
| 2005 | 0.3798 % change on previous year | -37.3% |
| 2006 | 10.37 % change on previous year | +2629.0% |
| 2007 | 3.59 % change on previous year | -65.4% |
| 2008 | -0.3445 % change on previous year | -109.6% |
| 2009 | 0.6342 % change on previous year | -284.1% |
| 2010 | 1.2 % change on previous year | +89.6% |
| 2011 | 4.32 % change on previous year | +259.7% |
| 2012 | 2.91 % change on previous year | -32.6% |
| 2013 | 2.66 % change on previous year | -8.8% |
| 2014 | 3.46 % change on previous year | +30.3% |
| 2015 | 3.44 % change on previous year | -0.7% |
| 2016 | 4.33 % change on previous year | +25.9% |
| 2017 | 4.11 % change on previous year | -5.0% |
| 2018 | 1.03 % change on previous year | -74.9% |
| 2019 | 3.55 % change on previous year | +243.6% |
| 2020 | 16.56 % change on previous year | +367.0% |
| 2021 | 401.59 % change on previous year | +2325.6% |
| 2022 | 14.09 % change on previous year | -96.5% |
| 2023 | 33.55 % change on previous year | +138.1% |
| 2024 | 32.22 % change on previous year | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.2 % change on previous year | -4.19 % change on previous year | 11.86 % change on previous year | 9 |
| 1980s | 0.1209 % change on previous year | -3.91 % change on previous year | 5.4 % change on previous year | 10 |
| 1990s | 5.84 % change on previous year | -7.39 % change on previous year | 26.28 % change on previous year | 10 |
| 2000s | 2.49 % change on previous year | -0.3445 % change on previous year | 10.37 % change on previous year | 10 |
| 2010s | 3.1 % change on previous year | 1.03 % change on previous year | 4.33 % change on previous year | 10 |
| 2020s | 99.6 % change on previous year | 14.09 % change on previous year | 401.59 % change on previous year | 5 |
Countries ranked near Cuba
- 6 Argentina 39.09 % change on previous year compare
- 7 Türkiye 36.43 % change on previous year compare
- 8 Haiti 34.39 % change on previous year compare
- 10 Malawi 30.37 % change on previous year compare
- 11 Iran, Islamic Republic of 28.78 % change on previous year compare
- 12 Egypt 24.96 % change on previous year compare
More economy & growth data for Cuba
- Gross capital formation (constant 2015 US$), annual growth rate 3.31 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.0801 constant 2015 US$ per US$ of GDP (2020)
- Gross capital formation (constant 2015 US$), per capita 775.66 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate -26.47 % change on previous year (2020)
- Imports of goods and services (current US$), per unit of GDP 0.0751 current US$ per US$ of GDP (2020)
- Imports of goods and services (current US$), per capita 721.79 current US$ per person (2020)
- Imports of goods and services (current LCU), annual growth rate 43.89 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.0751 current LCU per US$ of GDP (2020)
- Imports of goods and services (current LCU), per capita 81,399 current LCU per person (2024)
- Imports of goods and services (constant 2015 US$), annual growth rate -1.34 % change on previous year (2024)
Frequently asked questions
- What is gdp deflator (base year varies by country), annual growth rate in Cuba?
- Gdp deflator (base year varies by country), annual growth rate in Cuba was 32.22 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Cuba?
- The highest recorded value was 401.59 % change on previous year in 2021.
- What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Cuba?
- The lowest recorded value was -7.39 % change on previous year in 1991.
- How does Cuba rank for gdp deflator (base year varies by country), annual growth rate?
- Cuba ranks 9th out of 212 countries with data for 2024.
- Is gdp deflator (base year varies by country), annual growth rate rising or falling in Cuba?
- Over the last ten years it is up 830.2%. 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 deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP deflator 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 deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.