GDP deflator (base year varies by country) in Cuba
Cuba: GDP deflator (base year varies by country) was 2,140 base year varies by country in 2024. ◆ Volatile
Latest (2024)
2,140 base year varies by country
Change on year
up 32.2%
World rank
9th
of 214 countries
All-time high
2,140 base year varies by country
in 2024
All-time low
39.37 base year varies by country
in 1970
Years of data
55
1970–2024
GDP deflator in Cuba, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in base year varies by country.
Analysis
Cuba recorded 2,140 base year varies by country for gdp deflator in 2024. That is the highest value across all 55 years on record.
The figure is up 32.2% on the previous year and up 1,284.5% over ten years.
Over the whole period, gdp deflator in Cuba peaked at 2,140 base year varies by country in 2024 and was at its lowest, 39.37 base year varies by country, in 1970.
Cuba ranks 9th of 214 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) in Cuba, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 1970 | 39.37 base year varies by country | — |
| 1971 | 44.03 base year varies by country | +11.9% |
| 1972 | 47.1 base year varies by country | +7.0% |
| 1973 | 48.63 base year varies by country | +3.3% |
| 1974 | 54.4 base year varies by country | +11.9% |
| 1975 | 56.75 base year varies by country | +4.3% |
| 1976 | 57.05 base year varies by country | +0.5% |
| 1977 | 54.66 base year varies by country | -4.2% |
| 1978 | 59.75 base year varies by country | +9.3% |
| 1979 | 61.5 base year varies by country | +2.9% |
| 1980 | 64.82 base year varies by country | +5.4% |
| 1981 | 63.17 base year varies by country | -2.5% |
| 1982 | 61.77 base year varies by country | -2.2% |
| 1983 | 62.75 base year varies by country | +1.6% |
| 1984 | 64.37 base year varies by country | +2.6% |
| 1985 | 62.99 base year varies by country | -2.2% |
| 1986 | 60.52 base year varies by country | -3.9% |
| 1987 | 60.89 base year varies by country | +0.6% |
| 1988 | 61.64 base year varies by country | +1.2% |
| 1989 | 62.03 base year varies by country | +0.6% |
| 1990 | 65.29 base year varies by country | +5.3% |
| 1991 | 60.47 base year varies by country | -7.4% |
| 1992 | 62.73 base year varies by country | +3.7% |
| 1993 | 74.63 base year varies by country | +19.0% |
| 1994 | 94.25 base year varies by country | +26.3% |
| 1995 | 104.15 base year varies by country | +10.5% |
| 1996 | 101.37 base year varies by country | -2.7% |
| 1997 | 100 base year varies by country | -1.4% |
| 1998 | 101.3 base year varies by country | +1.3% |
| 1999 | 105.14 base year varies by country | +3.8% |
| 2000 | 106.97 base year varies by country | +1.7% |
| 2001 | 107.45 base year varies by country | +0.5% |
| 2002 | 112.33 base year varies by country | +4.5% |
| 2003 | 115.67 base year varies by country | +3.0% |
| 2004 | 116.37 base year varies by country | +0.6% |
| 2005 | 116.81 base year varies by country | +0.4% |
| 2006 | 128.92 base year varies by country | +10.4% |
| 2007 | 133.54 base year varies by country | +3.6% |
| 2008 | 133.09 base year varies by country | -0.3% |
| 2009 | 133.93 base year varies by country | +0.6% |
| 2010 | 135.54 base year varies by country | +1.2% |
| 2011 | 141.4 base year varies by country | +4.3% |
| 2012 | 145.52 base year varies by country | +2.9% |
| 2013 | 149.39 base year varies by country | +2.7% |
| 2014 | 154.56 base year varies by country | +3.5% |
| 2015 | 159.88 base year varies by country | +3.4% |
| 2016 | 166.8 base year varies by country | +4.3% |
| 2017 | 173.66 base year varies by country | +4.1% |
| 2018 | 175.45 base year varies by country | +1.0% |
| 2019 | 181.67 base year varies by country | +3.5% |
| 2020 | 211.75 base year varies by country | +16.6% |
| 2021 | 1,062 base year varies by country | +401.6% |
| 2022 | 1,212 base year varies by country | +14.1% |
| 2023 | 1,618 base year varies by country | +33.6% |
| 2024 | 2,140 base year varies by country | +32.2% |
Cuba compared with similar countries
- Cuba's 2,140 base year varies by country is above the median for upper middle income countries, which is 148.5 base year varies by country, 14.4× the median. (59 countries reporting)
- Cuba's 2,140 base year varies by country is above the median for Latin America & Caribbean, which is 134.27 base year varies by country, 15.9× the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP deflator (base year varies by country) 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 |
|---|---|---|---|
| 2021 | +401.6% | 211.75 base year varies by country | 1,062 base year varies by country |
| 2023 | +33.6% | 1,212 base year varies by country | 1,618 base year varies by country |
| 2024 | +32.2% | 1,618 base year varies by country | 2,140 base year varies by country |
| 1994 | +26.3% | 74.63 base year varies by country | 94.25 base year varies by country |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 52.32 base year varies by country | 39.37 base year varies by country | 61.5 base year varies by country | 10 |
| 1980s | 62.49 base year varies by country | 60.52 base year varies by country | 64.82 base year varies by country | 10 |
| 1990s | 86.93 base year varies by country | 60.47 base year varies by country | 105.14 base year varies by country | 10 |
| 2000s | 120.51 base year varies by country | 106.97 base year varies by country | 133.93 base year varies by country | 10 |
| 2010s | 158.39 base year varies by country | 135.54 base year varies by country | 181.67 base year varies by country | 10 |
| 2020s | 1,249 base year varies by country | 211.75 base year varies by country | 2,140 base year varies by country | 5 |
Countries ranked near Cuba
- 6 Yemen 5,088 base year varies by country compare
- 7 Turkey 2,603 base year varies by country compare
- 8 Zimbabwe 2,193 base year varies by country compare
- 10 Tajikistan 1,556 base year varies by country compare
- 11 Democratic Republic of Congo 1,316 base year varies by country compare
- 12 Suriname 1,054 base year varies by country compare
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 in Cuba?
- Gdp deflator in Cuba was 2,140 base year varies by country in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp deflator recorded in Cuba?
- The highest recorded value was 2,140 base year varies by country in 2024.
- What is the lowest gdp deflator recorded in Cuba?
- The lowest recorded value was 39.37 base year varies by country in 1970.
- How does Cuba rank for gdp deflator?
- Cuba ranks 9th out of 214 countries with data for 2024.
- Is gdp deflator rising or falling in Cuba?
- Over the last ten years it is up 1,284.5%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.
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About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This indicator is expressed as a ratio (a÷b).