GDP Deflator — Value Standard Local Currency, 2015 prices in Cuba
Cuba: GDP Deflator — Value Standard Local Currency, 2015 prices was 260.72 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Cuba, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2024, gdp deflator — value standard local currency, 2015 prices in Cuba stood at 260.72 SLC. That is the highest value across all 55 years on record.
The figure is up 5.7% on the previous year and up 169.7% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Cuba peaked at 260.72 SLC in 2024 and was at its lowest, 24.62 SLC, in 1970.
Cuba ranks 24th of 209 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices in Cuba, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 24.62 SLC | — |
| 1971 | 27.54 SLC | +11.9% |
| 1972 | 29.46 SLC | +7.0% |
| 1973 | 30.42 SLC | +3.3% |
| 1974 | 34.02 SLC | +11.9% |
| 1975 | 35.5 SLC | +4.3% |
| 1976 | 35.68 SLC | +0.5% |
| 1977 | 34.19 SLC | -4.2% |
| 1978 | 37.37 SLC | +9.3% |
| 1979 | 38.47 SLC | +2.9% |
| 1980 | 40.54 SLC | +5.4% |
| 1981 | 39.51 SLC | -2.5% |
| 1982 | 38.63 SLC | -2.2% |
| 1983 | 39.25 SLC | +1.6% |
| 1984 | 40.26 SLC | +2.6% |
| 1985 | 39.39 SLC | -2.2% |
| 1986 | 37.85 SLC | -3.9% |
| 1987 | 38.08 SLC | +0.6% |
| 1988 | 38.55 SLC | +1.2% |
| 1989 | 38.79 SLC | +0.6% |
| 1990 | 40.84 SLC | +5.3% |
| 1991 | 37.82 SLC | -7.4% |
| 1992 | 39.24 SLC | +3.7% |
| 1993 | 46.68 SLC | +19.0% |
| 1994 | 58.95 SLC | +26.3% |
| 1995 | 65.14 SLC | +10.5% |
| 1996 | 63.4 SLC | -2.7% |
| 1997 | 62.55 SLC | -1.3% |
| 1998 | 63.36 SLC | +1.3% |
| 1999 | 65.76 SLC | +3.8% |
| 2000 | 66.91 SLC | +1.7% |
| 2001 | 67.21 SLC | +0.5% |
| 2002 | 70.26 SLC | +4.5% |
| 2003 | 72.35 SLC | +3.0% |
| 2004 | 72.79 SLC | +0.6% |
| 2005 | 73.06 SLC | +0.4% |
| 2006 | 80.63 SLC | +10.4% |
| 2007 | 83.53 SLC | +3.6% |
| 2008 | 83.24 SLC | -0.3% |
| 2009 | 83.77 SLC | +0.6% |
| 2010 | 84.78 SLC | +1.2% |
| 2011 | 88.44 SLC | +4.3% |
| 2012 | 91.02 SLC | +2.9% |
| 2013 | 93.44 SLC | +2.7% |
| 2014 | 96.67 SLC | +3.5% |
| 2015 | 100 SLC | +3.4% |
| 2016 | 104.33 SLC | +4.3% |
| 2017 | 108.62 SLC | +4.1% |
| 2018 | 109.74 SLC | +1.0% |
| 2019 | 113.63 SLC | +3.5% |
| 2020 | 132.44 SLC | +16.6% |
| 2021 | 154.37 SLC | +16.6% |
| 2022 | 176.12 SLC | +14.1% |
| 2023 | 246.58 SLC | +40.0% |
| 2024 | 260.72 SLC | +5.7% |
Cuba compared with similar countries
- Cuba's 260.72 SLC is above the median for upper middle income countries, which is 140.19 SLC, 1.9× the median. (51 countries reporting)
- Cuba's 260.72 SLC is above the median for Latin America & Caribbean, which is 128.24 SLC, 2.0× the median. (37 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices 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 |
|---|---|---|---|
| 2023 | +40.0% | 176.12 SLC | 246.58 SLC |
| 1994 | +26.3% | 46.68 SLC | 58.95 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.73 SLC | 24.62 SLC | 38.47 SLC | 10 |
| 1980s | 39.09 SLC | 37.85 SLC | 40.54 SLC | 10 |
| 1990s | 54.37 SLC | 37.82 SLC | 65.76 SLC | 10 |
| 2000s | 75.37 SLC | 66.91 SLC | 83.77 SLC | 10 |
| 2010s | 99.07 SLC | 84.78 SLC | 113.63 SLC | 10 |
| 2020s | 194.05 SLC | 132.44 SLC | 260.72 SLC | 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 — value standard local currency, 2015 prices in Cuba?
- Gdp deflator — value standard local currency, 2015 prices in Cuba was 260.72 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Cuba?
- The highest recorded value was 260.72 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Cuba?
- The lowest recorded value was 24.62 SLC in 1970.
- How does Cuba rank for gdp deflator — value standard local currency, 2015 prices?
- Cuba ranks 24th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Cuba?
- Over the last ten years it is up 169.7%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).