GDP per capita in Cuba
Cuba: GDP per capita was 7,381 constant 2015 US$ in 2024. ▲ Rising
GDP per capita in Cuba, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Cuba recorded 7,381 constant 2015 US$ for gdp per capita in 2024.
That represents a change of down 0.7% on the previous year and down 0.1% over ten years.
Over the whole period, gdp per capita in Cuba peaked at 8,125 constant 2015 US$ in 2019 and was at its lowest, 2,620 constant 2015 US$, in 1970.
That places Cuba 100th out of 212 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP per capita in Cuba, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 2,620 constant 2015 US$ | — |
| 1971 | 2,796 constant 2015 US$ | +6.7% |
| 1972 | 2,884 constant 2015 US$ | +3.2% |
| 1973 | 2,941 constant 2015 US$ | +2.0% |
| 1974 | 2,932 constant 2015 US$ | -0.3% |
| 1975 | 3,175 constant 2015 US$ | +8.3% |
| 1976 | 3,315 constant 2015 US$ | +4.4% |
| 1977 | 3,575 constant 2015 US$ | +7.8% |
| 1978 | 3,786 constant 2015 US$ | +5.9% |
| 1979 | 3,807 constant 2015 US$ | +0.6% |
| 1980 | 3,607 constant 2015 US$ | -5.3% |
| 1981 | 4,297 constant 2015 US$ | +19.1% |
| 1982 | 4,651 constant 2015 US$ | +8.2% |
| 1983 | 4,864 constant 2015 US$ | +4.6% |
| 1984 | 5,207 constant 2015 US$ | +7.0% |
| 1985 | 5,246 constant 2015 US$ | +0.8% |
| 1986 | 5,207 constant 2015 US$ | -0.8% |
| 1987 | 5,037 constant 2015 US$ | -3.3% |
| 1988 | 5,175 constant 2015 US$ | +2.7% |
| 1989 | 5,160 constant 2015 US$ | -0.3% |
| 1990 | 4,961 constant 2015 US$ | -3.8% |
| 1991 | 4,395 constant 2015 US$ | -11.4% |
| 1992 | 3,862 constant 2015 US$ | -12.1% |
| 1993 | 3,271 constant 2015 US$ | -15.3% |
| 1994 | 3,280 constant 2015 US$ | +0.3% |
| 1995 | 3,349 constant 2015 US$ | +2.1% |
| 1996 | 3,599 constant 2015 US$ | +7.5% |
| 1997 | 3,687 constant 2015 US$ | +2.4% |
| 1998 | 3,681 constant 2015 US$ | -0.2% |
| 1999 | 3,896 constant 2015 US$ | +5.8% |
| 2000 | 4,112 constant 2015 US$ | +5.6% |
| 2001 | 4,230 constant 2015 US$ | +2.9% |
| 2002 | 4,277 constant 2015 US$ | +1.1% |
| 2003 | 4,427 constant 2015 US$ | +3.5% |
| 2004 | 4,670 constant 2015 US$ | +5.5% |
| 2005 | 5,182 constant 2015 US$ | +11.0% |
| 2006 | 5,799 constant 2015 US$ | +11.9% |
| 2007 | 6,216 constant 2015 US$ | +7.2% |
| 2008 | 6,469 constant 2015 US$ | +4.1% |
| 2009 | 6,561 constant 2015 US$ | +1.4% |
| 2010 | 6,716 constant 2015 US$ | +2.4% |
| 2011 | 6,902 constant 2015 US$ | +2.8% |
| 2012 | 7,109 constant 2015 US$ | +3.0% |
| 2013 | 7,308 constant 2015 US$ | +2.8% |
| 2014 | 7,392 constant 2015 US$ | +1.2% |
| 2015 | 7,728 constant 2015 US$ | +4.5% |
| 2016 | 7,774 constant 2015 US$ | +0.6% |
| 2017 | 7,927 constant 2015 US$ | +2.0% |
| 2018 | 8,120 constant 2015 US$ | +2.4% |
| 2019 | 8,125 constant 2015 US$ | +0.1% |
| 2020 | 7,252 constant 2015 US$ | -10.7% |
| 2021 | 7,379 constant 2015 US$ | +1.7% |
| 2022 | 7,552 constant 2015 US$ | +2.3% |
| 2023 | 7,433 constant 2015 US$ | -1.6% |
| 2024 | 7,381 constant 2015 US$ | -0.7% |
Cuba compared with similar countries
- Cuba's 7,381 constant 2015 US$ is above the median for upper middle income countries, which is 6,783 constant 2015 US$, 1.1× the median. (59 countries reporting)
- Cuba's 7,381 constant 2015 US$ is below the median for Latin America & Caribbean, which is 10,367 constant 2015 US$, 71% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,183 constant 2015 US$ | 2,620 constant 2015 US$ | 3,807 constant 2015 US$ | 10 |
| 1980s | 4,845 constant 2015 US$ | 3,607 constant 2015 US$ | 5,246 constant 2015 US$ | 10 |
| 1990s | 3,798 constant 2015 US$ | 3,271 constant 2015 US$ | 4,961 constant 2015 US$ | 10 |
| 2000s | 5,194 constant 2015 US$ | 4,112 constant 2015 US$ | 6,561 constant 2015 US$ | 10 |
| 2010s | 7,510 constant 2015 US$ | 6,716 constant 2015 US$ | 8,125 constant 2015 US$ | 10 |
| 2020s | 7,400 constant 2015 US$ | 7,252 constant 2015 US$ | 7,552 constant 2015 US$ | 5 |
Countries ranked near Cuba
More economy & growth data for Cuba
- General government final consumption expenditure (current US$) 25.1 % change on previous year (2020)
- General government final consumption expenditure (current US$), per 0.3885 current US$ per US$ of GDP (2020)
- General government final consumption expenditure (current US$), per 3,731 current US$ per person (2020)
- General government final consumption expenditure (current LCU) 21.52 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3885 current LCU per US$ of GDP (2020)
- General government final consumption expenditure (current LCU), per 24,524 current LCU per person (2024)
- General government final consumption expenditure (constant 2015 US$) -7.43 % change on previous year (2024)
- General government final consumption expenditure (constant 2015 US$) 0.2523 constant 2015 US$ per US$ of GDP (2020)
- General government final consumption expenditure (constant 2015 US$) 2,335 constant 2015 US$ per person (2024)
- Households and NPISHs Final consumption expenditure (current US$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is gdp per capita in Cuba?
- Gdp per capita in Cuba was 7,381 constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Cuba?
- The highest recorded value was 8,125 constant 2015 US$ in 2019.
- What is the lowest gdp per capita recorded in Cuba?
- The lowest recorded value was 2,620 constant 2015 US$ in 1970.
- How does Cuba rank for gdp per capita?
- Cuba ranks 100th out of 212 countries with data for 2024.
- Is gdp per capita rising or falling in Cuba?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is rising.
- 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 per capita (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.