Gross domestic product (GDP) in Cuba
Cuba: Gross domestic product (GDP) was 84.16 billion international-$ in 2011 prices in 2022. ◆ Volatile
Latest (2022)
84.16 billion international-$ in 2011 prices
Change on year
up 1.8%
World rank
91st
of 165 countries
All-time high
91.85 billion international-$ in 2011 prices
in 2018
All-time low
1.05 billion international-$ in 2011 prices
in 1850
Years of data
122
1850–2022
Gross domestic product (GDP) in Cuba, 1850–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
In 2022, gross domestic product (gdp) in Cuba stood at 84.16 billion international-$ in 2011 prices.
The figure is up 1.8% on the previous year and up 4.7% over ten years.
Over the whole period, gross domestic product (gdp) in Cuba peaked at 91.85 billion international-$ in 2011 prices in 2018 and was at its lowest, 1.05 billion international-$ in 2011 prices, in 1850.
That places Cuba 91st out of 165 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1850s | 1.05 billion international-$ in 2011 prices | 1.05 billion international-$ in 2011 prices | 1.05 billion international-$ in 2011 prices | 1 |
| 1900s | 3.69 billion international-$ in 2011 prices | 2.98 billion international-$ in 2011 prices | 4.46 billion international-$ in 2011 prices | 8 |
| 1910s | 5.53 billion international-$ in 2011 prices | 4.32 billion international-$ in 2011 prices | 6.92 billion international-$ in 2011 prices | 10 |
| 1920s | 8.03 billion international-$ in 2011 prices | 7.10 billion international-$ in 2011 prices | 9.38 billion international-$ in 2011 prices | 10 |
| 1930s | 7.88 billion international-$ in 2011 prices | 6.30 billion international-$ in 2011 prices | 9.18 billion international-$ in 2011 prices | 10 |
| 1940s | 11.40 billion international-$ in 2011 prices | 9.45 billion international-$ in 2011 prices | 13.37 billion international-$ in 2011 prices | 10 |
| 1950s | 17.50 billion international-$ in 2011 prices | 15.26 billion international-$ in 2011 prices | 20.74 billion international-$ in 2011 prices | 10 |
| 1960s | 24.16 billion international-$ in 2011 prices | 21.04 billion international-$ in 2011 prices | 28.40 billion international-$ in 2011 prices | 10 |
| 1970s | 33.38 billion international-$ in 2011 prices | 25.42 billion international-$ in 2011 prices | 40.60 billion international-$ in 2011 prices | 10 |
| 1980s | 48.11 billion international-$ in 2011 prices | 39.61 billion international-$ in 2011 prices | 52.35 billion international-$ in 2011 prices | 10 |
| 1990s | 36.99 billion international-$ in 2011 prices | 28.83 billion international-$ in 2011 prices | 49.94 billion international-$ in 2011 prices | 10 |
| 2000s | 55.85 billion international-$ in 2011 prices | 44.69 billion international-$ in 2011 prices | 70.36 billion international-$ in 2011 prices | 10 |
| 2010s | 85.19 billion international-$ in 2011 prices | 74.08 billion international-$ in 2011 prices | 91.85 billion international-$ in 2011 prices | 10 |
| 2020s | 82.84 billion international-$ in 2011 prices | 81.66 billion international-$ in 2011 prices | 84.16 billion international-$ in 2011 prices | 3 |
Countries ranked near Cuba
- 88 Libya 91.44 billion international-$ in 2011 prices compare
- 89 Democratic Republic of Congo 91.31 billion international-$ in 2011 prices compare
- 90 Lithuania 84.81 billion international-$ in 2011 prices compare
- 92 Cameroon 82.73 billion international-$ in 2011 prices compare
- 93 Costa Rica 80.35 billion international-$ in 2011 prices compare
- 94 Bolivia 78.17 billion international-$ in 2011 prices compare
More economy & growth data for Cuba
- External balance on goods and services as a percent of GDP -39.9% (2024)
- GDP per capita 7,381 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 10.7% (2024)
- Gross domestic product (GDP) 81.05 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 7,381 constant 2015 US$ (2024)
- DEC alternative conversion factor 1 LCU per US$ (2020)
- Net secondary income (Net current transfers from abroad) 1.89 billion current LCU (2019)
- Net secondary income (Net current transfers from abroad) 1.89 billion current US$ (2019)
- Taxes less subsidies on products 16.49 billion current LCU (2024)
- Taxes less subsidies on products 762.00 million current US$ (2020)
Frequently asked questions
- What is gross domestic product (gdp) in Cuba?
- Gross domestic product (gdp) in Cuba was 84.16 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Cuba?
- The highest recorded value was 91.85 billion international-$ in 2011 prices in 2018.
- What is the lowest gross domestic product (gdp) recorded in Cuba?
- The lowest recorded value was 1.05 billion international-$ in 2011 prices in 1850.
- How does Cuba rank for gross domestic product (gdp)?
- Cuba ranks 91st out of 165 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Cuba?
- Over the last ten years it is up 4.7%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.