GDP Deflator: Value Standard Local Currency, 2015 prices … annual in Cuba
Cuba: GDP Deflator: Value Standard Local Currency, 2015 prices … annual was 5.74 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices, annual in Cuba is 5.74 % change on previous year, measured in 2024.
The figure is down 85.7% on the previous year and up 65.6% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Cuba peaked at 40 % change on previous year in 2023 and was at its lowest, -7.39 % change on previous year, in 1991.
Cuba ranks 57th of 209 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator: Value Standard Local Currency, 2015 prices … annual 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 | -901.6% |
| 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 | 0.6105 % change on previous year | -115.6% |
| 1988 | 1.23 % change on previous year | +102.0% |
| 1989 | 0.6248 % change on previous year | -49.3% |
| 1990 | 5.26 % change on previous year | +742.0% |
| 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 | -49.5% |
| 1998 | 1.3 % change on previous year | -196.7% |
| 1999 | 3.79 % change on previous year | +190.5% |
| 2000 | 1.74 % change on previous year | -54.0% |
| 2001 | 0.4533 % change on previous year | -74.0% |
| 2002 | 4.53 % change on previous year | +899.9% |
| 2003 | 2.97 % change on previous year | -34.4% |
| 2004 | 0.6076 % change on previous year | -79.6% |
| 2005 | 0.3802 % change on previous year | -37.4% |
| 2006 | 10.36 % change on previous year | +2626.3% |
| 2007 | 3.59 % change on previous year | -65.4% |
| 2008 | -0.3456 % change on previous year | -109.6% |
| 2009 | 0.6345 % change on previous year | -283.6% |
| 2010 | 1.2 % change on previous year | +89.4% |
| 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 | +25.8% |
| 2017 | 4.11 % change on previous year | -4.9% |
| 2018 | 1.03 % change on previous year | -74.9% |
| 2019 | 3.55 % change on previous year | +244.0% |
| 2020 | 16.55 % change on previous year | +366.6% |
| 2021 | 16.56 % change on previous year | +0.0% |
| 2022 | 14.09 % change on previous year | -14.9% |
| 2023 | 40 % change on previous year | +183.9% |
| 2024 | 5.74 % change on previous year | -85.7% |
Cuba compared with similar countries
- Cuba's 5.74 % change on previous year is above the median for upper middle income countries, which is 3.82 % change on previous year, 1.5× the median. (51 countries reporting)
- Cuba's 5.74 % change on previous year is above the median for Latin America & Caribbean, which is 3.66 % change on previous year, 1.6× the median. (37 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator: Value Standard Local Currency, 2015 prices … annual 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 | +2626.3% | 0.3802 % change on previous year | 10.36 % change on previous year |
| 1977 | -901.6% | 0.5232 % change on previous year | -4.19 % change on previous year |
| 2002 | +899.9% | 0.4533 % 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 | 5.85 % change on previous year | -7.39 % change on previous year | 26.28 % change on previous year | 10 |
| 2000s | 2.49 % change on previous year | -0.3456 % change on previous year | 10.36 % 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 | 18.59 % change on previous year | 5.74 % change on previous year | 40 % change on previous year | 5 |
Countries ranked near Cuba
- 54 Belize 6 % change on previous year compare
- 55 Iceland 5.86 % change on previous year compare
- 56 Colombia 5.78 % change on previous year compare
- 58 Israel 5.52 % change on previous year compare
- 59 Croatia 5.5 % change on previous year compare
- 60 Micronesia (Federated States of) 5.44 % change on previous year 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 — value standard local currency, 2015 prices, annual in Cuba?
- Gdp deflator — value standard local currency, 2015 prices, annual in Cuba was 5.74 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Cuba?
- The highest recorded value was 40 % change on previous year in 2023.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Cuba?
- The lowest recorded value was -7.39 % change on previous year in 1991.
- How does Cuba rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Cuba ranks 57th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Cuba?
- Over the last ten years it is up 65.6%. 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 — Value Standard Local Currency, 2015 prices, 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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.