GDP per capita in Cuba
Cuba: GDP per capita was 98,794 current LCU in 2024. ◆ Volatile
GDP per capita in Cuba, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Cuba recorded 98,794 current LCU for gdp per capita in 2024. That is the highest value across all 55 years on record.
The figure is up 31.3% on the previous year and up 1,282.4% over ten years.
Over the whole period, gdp per capita in Cuba peaked at 98,794 current LCU in 2024 and was at its lowest, 645.14 current LCU, in 1970.
That places Cuba 113th out of 214 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita in Cuba, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 645.14 current LCU | — |
| 1971 | 770.09 current LCU | +19.4% |
| 1972 | 849.73 current LCU | +10.3% |
| 1973 | 894.6 current LCU | +5.3% |
| 1974 | 997.73 current LCU | +11.5% |
| 1975 | 1,127 current LCU | +12.9% |
| 1976 | 1,183 current LCU | +5.0% |
| 1977 | 1,222 current LCU | +3.3% |
| 1978 | 1,415 current LCU | +15.8% |
| 1979 | 1,464 current LCU | +3.5% |
| 1980 | 1,462 current LCU | -0.1% |
| 1981 | 1,698 current LCU | +16.1% |
| 1982 | 1,797 current LCU | +5.8% |
| 1983 | 1,909 current LCU | +6.3% |
| 1984 | 2,096 current LCU | +9.8% |
| 1985 | 2,067 current LCU | -1.4% |
| 1986 | 1,971 current LCU | -4.6% |
| 1987 | 1,918 current LCU | -2.7% |
| 1988 | 1,995 current LCU | +4.0% |
| 1989 | 2,002 current LCU | +0.3% |
| 1990 | 2,026 current LCU | +1.2% |
| 1991 | 1,662 current LCU | -18.0% |
| 1992 | 1,515 current LCU | -8.8% |
| 1993 | 1,527 current LCU | +0.8% |
| 1994 | 1,934 current LCU | +26.7% |
| 1995 | 2,182 current LCU | +12.8% |
| 1996 | 2,282 current LCU | +4.6% |
| 1997 | 2,306 current LCU | +1.1% |
| 1998 | 2,332 current LCU | +1.1% |
| 1999 | 2,562 current LCU | +9.8% |
| 2000 | 2,751 current LCU | +7.4% |
| 2001 | 2,843 current LCU | +3.3% |
| 2002 | 3,005 current LCU | +5.7% |
| 2003 | 3,203 current LCU | +6.6% |
| 2004 | 3,399 current LCU | +6.1% |
| 2005 | 3,786 current LCU | +11.4% |
| 2006 | 4,676 current LCU | +23.5% |
| 2007 | 5,192 current LCU | +11.0% |
| 2008 | 5,385 current LCU | +3.7% |
| 2009 | 5,496 current LCU | +2.1% |
| 2010 | 5,694 current LCU | +3.6% |
| 2011 | 6,104 current LCU | +7.2% |
| 2012 | 6,471 current LCU | +6.0% |
| 2013 | 6,828 current LCU | +5.5% |
| 2014 | 7,147 current LCU | +4.7% |
| 2015 | 7,728 current LCU | +8.1% |
| 2016 | 8,111 current LCU | +5.0% |
| 2017 | 8,611 current LCU | +6.2% |
| 2018 | 8,911 current LCU | +3.5% |
| 2019 | 9,232 current LCU | +3.6% |
| 2020 | 9,605 current LCU | +4.0% |
| 2021 | 49,021 current LCU | +410.4% |
| 2022 | 57,243 current LCU | +16.8% |
| 2023 | 75,247 current LCU | +31.5% |
| 2024 | 98,794 current LCU | +31.3% |
Cuba compared with similar countries
- Cuba's 98,794 current LCU is below the median for upper middle income countries, which is 118,025 current LCU, 84% of the median. (59 countries reporting)
- Cuba's 98,794 current LCU is above the median for Latin America & Caribbean, which is 68,590 current LCU, 1.4× the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP per capita 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 |
|---|---|---|---|
| 2021 | +410.4% | 9,605 current LCU | 49,021 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,057 current LCU | 645.14 current LCU | 1,464 current LCU | 10 |
| 1980s | 1,892 current LCU | 1,462 current LCU | 2,096 current LCU | 10 |
| 1990s | 2,033 current LCU | 1,515 current LCU | 2,562 current LCU | 10 |
| 2000s | 3,974 current LCU | 2,751 current LCU | 5,496 current LCU | 10 |
| 2010s | 7,484 current LCU | 5,694 current LCU | 9,232 current LCU | 10 |
| 2020s | 57,982 current LCU | 9,605 current LCU | 98,794 current LCU | 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 98,794 current 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 98,794 current LCU in 2024.
- What is the lowest gdp per capita recorded in Cuba?
- The lowest recorded value was 645.14 current LCU in 1970.
- How does Cuba rank for gdp per capita?
- Cuba ranks 113th out of 214 countries with data for 2024.
- Is gdp per capita rising or falling in Cuba?
- Over the last ten years it is up 1,282.4%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.