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
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% |
Cuba compared with similar countries
- Cuba's 32.22 % change on previous year is above the median for upper middle income countries, which is 3.33 % change on previous year, 9.7× the median. (59 countries reporting)
- Cuba's 32.22 % change on previous year is above the median for Latin America & Caribbean, which is 3.36 % change on previous year, 9.6× the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP deflator (base year varies by country), annual growth rate 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 |
|---|---|---|---|
| 2006 | +2629.0% | 0.3798 % change on previous year | 10.37 % change on previous year |
| 2021 | +2325.6% | 16.56 % change on previous year | 401.59 % change on previous year |
| 1977 | -901.7% | 0.5232 % change on previous year | -4.19 % change on previous year |
| 2002 | +895.7% | 0.4553 % change on previous year | 4.53 % change on previous year |
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
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 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.
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 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.