GDP per capita in Cuba
Cuba: GDP per capita was 4,617 constant LCU in 2024. ▲ Rising
GDP per capita in Cuba, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gdp per capita in Cuba is 4,617 constant LCU, measured in 2024.
Compared with earlier readings it is 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 5,082 constant LCU in 2019 and was at its lowest, 1,639 constant LCU, in 1970.
That places Cuba 201st out of 215 countries with data for 2024, putting it in the bottom quarter.
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 LCU | Change |
|---|---|---|
| 1970 | 1,639 constant LCU | — |
| 1971 | 1,749 constant LCU | +6.7% |
| 1972 | 1,804 constant LCU | +3.2% |
| 1973 | 1,840 constant LCU | +2.0% |
| 1974 | 1,834 constant LCU | -0.3% |
| 1975 | 1,986 constant LCU | +8.3% |
| 1976 | 2,073 constant LCU | +4.4% |
| 1977 | 2,236 constant LCU | +7.8% |
| 1978 | 2,368 constant LCU | +5.9% |
| 1979 | 2,381 constant LCU | +0.6% |
| 1980 | 2,256 constant LCU | -5.3% |
| 1981 | 2,688 constant LCU | +19.1% |
| 1982 | 2,909 constant LCU | +8.2% |
| 1983 | 3,042 constant LCU | +4.6% |
| 1984 | 3,257 constant LCU | +7.0% |
| 1985 | 3,281 constant LCU | +0.8% |
| 1986 | 3,257 constant LCU | -0.8% |
| 1987 | 3,150 constant LCU | -3.3% |
| 1988 | 3,237 constant LCU | +2.7% |
| 1989 | 3,228 constant LCU | -0.3% |
| 1990 | 3,103 constant LCU | -3.8% |
| 1991 | 2,749 constant LCU | -11.4% |
| 1992 | 2,416 constant LCU | -12.1% |
| 1993 | 2,046 constant LCU | -15.3% |
| 1994 | 2,052 constant LCU | +0.3% |
| 1995 | 2,095 constant LCU | +2.1% |
| 1996 | 2,251 constant LCU | +7.5% |
| 1997 | 2,306 constant LCU | +2.4% |
| 1998 | 2,302 constant LCU | -0.2% |
| 1999 | 2,437 constant LCU | +5.8% |
| 2000 | 2,572 constant LCU | +5.6% |
| 2001 | 2,646 constant LCU | +2.9% |
| 2002 | 2,675 constant LCU | +1.1% |
| 2003 | 2,769 constant LCU | +3.5% |
| 2004 | 2,921 constant LCU | +5.5% |
| 2005 | 3,241 constant LCU | +11.0% |
| 2006 | 3,627 constant LCU | +11.9% |
| 2007 | 3,888 constant LCU | +7.2% |
| 2008 | 4,046 constant LCU | +4.1% |
| 2009 | 4,104 constant LCU | +1.4% |
| 2010 | 4,201 constant LCU | +2.4% |
| 2011 | 4,317 constant LCU | +2.8% |
| 2012 | 4,447 constant LCU | +3.0% |
| 2013 | 4,571 constant LCU | +2.8% |
| 2014 | 4,624 constant LCU | +1.2% |
| 2015 | 4,834 constant LCU | +4.5% |
| 2016 | 4,863 constant LCU | +0.6% |
| 2017 | 4,958 constant LCU | +2.0% |
| 2018 | 5,079 constant LCU | +2.4% |
| 2019 | 5,082 constant LCU | +0.1% |
| 2020 | 4,536 constant LCU | -10.7% |
| 2021 | 4,615 constant LCU | +1.7% |
| 2022 | 4,724 constant LCU | +2.3% |
| 2023 | 4,649 constant LCU | -1.6% |
| 2024 | 4,617 constant LCU | -0.7% |
Cuba compared with similar countries
- Cuba's 4,617 constant LCU is below the median for upper middle income countries, which is 48,242 constant LCU, 10% of the median. (59 countries reporting)
- Cuba's 4,617 constant LCU is below the median for Latin America & Caribbean, which is 34,125 constant LCU, 14% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,991 constant LCU | 1,639 constant LCU | 2,381 constant LCU | 10 |
| 1980s | 3,030 constant LCU | 2,256 constant LCU | 3,281 constant LCU | 10 |
| 1990s | 2,376 constant LCU | 2,046 constant LCU | 3,103 constant LCU | 10 |
| 2000s | 3,249 constant LCU | 2,572 constant LCU | 4,104 constant LCU | 10 |
| 2010s | 4,698 constant LCU | 4,201 constant LCU | 5,082 constant LCU | 10 |
| 2020s | 4,628 constant LCU | 4,536 constant LCU | 4,724 constant LCU | 5 |
Countries ranked near Cuba
- 198 Marshall Islands 6,174 constant LCU compare
- 199 Ghana 5,979 constant LCU compare
- 200 El Salvador 4,674 constant LCU compare
- 202 Kosovo 4,555 constant LCU compare
- 202 Kosovo (UNSCR 1244) 4,555 constant LCU compare
- 204 Zimbabwe 4,381 constant LCU compare
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 4,617 constant LCU 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 5,082 constant LCU in 2019.
- What is the lowest gdp per capita recorded in Cuba?
- The lowest recorded value was 1,639 constant LCU in 1970.
- How does Cuba rank for gdp per capita?
- Cuba ranks 201st out of 215 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 LCU). 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 varies by country. This series is expressed in local currency units.