GDP per capita in Cuba
Cuba: GDP per capita was 9,605 current US$ in 2020. ◆ Volatile
GDP per capita in Cuba, 1970–2020
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gdp per capita in Cuba is 9,605 current US$, measured in 2020. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 4.0% on the previous year and up 82.2% over ten years.
Over the whole period, gdp per capita in Cuba peaked at 9,605 current US$ in 2020 and was at its lowest, 645.14 current US$, in 1970.
Cuba ranks 106th of 214 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita in Cuba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 645.14 current US$ | — |
| 1971 | 770.09 current US$ | +19.4% |
| 1972 | 891.63 current US$ | +15.8% |
| 1973 | 1,079 current US$ | +21.0% |
| 1974 | 1,217 current US$ | +12.8% |
| 1975 | 1,374 current US$ | +12.9% |
| 1976 | 1,441 current US$ | +4.8% |
| 1977 | 1,472 current US$ | +2.2% |
| 1978 | 1,837 current US$ | +24.8% |
| 1979 | 2,006 current US$ | +9.2% |
| 1980 | 2,031 current US$ | +1.2% |
| 1981 | 2,046 current US$ | +0.7% |
| 1982 | 2,114 current US$ | +3.3% |
| 1983 | 2,222 current US$ | +5.1% |
| 1984 | 2,386 current US$ | +7.4% |
| 1985 | 2,257 current US$ | -5.4% |
| 1986 | 2,365 current US$ | +4.8% |
| 1987 | 2,440 current US$ | +3.2% |
| 1988 | 2,632 current US$ | +7.9% |
| 1989 | 2,566 current US$ | -2.5% |
| 1990 | 2,694 current US$ | +5.0% |
| 1991 | 2,269 current US$ | -15.8% |
| 1992 | 2,048 current US$ | -9.7% |
| 1993 | 2,063 current US$ | +0.8% |
| 1994 | 2,613 current US$ | +26.7% |
| 1995 | 2,785 current US$ | +6.6% |
| 1996 | 2,282 current US$ | -18.1% |
| 1997 | 2,306 current US$ | +1.1% |
| 1998 | 2,332 current US$ | +1.1% |
| 1999 | 2,562 current US$ | +9.8% |
| 2000 | 2,751 current US$ | +7.4% |
| 2001 | 2,843 current US$ | +3.3% |
| 2002 | 3,005 current US$ | +5.7% |
| 2003 | 3,203 current US$ | +6.6% |
| 2004 | 3,399 current US$ | +6.1% |
| 2005 | 3,786 current US$ | +11.4% |
| 2006 | 4,330 current US$ | +14.4% |
| 2007 | 4,807 current US$ | +11.0% |
| 2008 | 4,986 current US$ | +3.7% |
| 2009 | 5,089 current US$ | +2.1% |
| 2010 | 5,272 current US$ | +3.6% |
| 2011 | 6,104 current US$ | +15.8% |
| 2012 | 6,471 current US$ | +6.0% |
| 2013 | 6,828 current US$ | +5.5% |
| 2014 | 7,147 current US$ | +4.7% |
| 2015 | 7,728 current US$ | +8.1% |
| 2016 | 8,111 current US$ | +5.0% |
| 2017 | 8,611 current US$ | +6.2% |
| 2018 | 8,911 current US$ | +3.5% |
| 2019 | 9,232 current US$ | +3.6% |
| 2020 | 9,605 current US$ | +4.0% |
Cuba compared with similar countries
- Cuba's 9,605 current US$ is above the median for upper middle income countries, which is 8,003 current US$, 1.2× the median. (59 countries reporting)
- Cuba's 9,605 current US$ is below the median for Latin America & Caribbean, which is 13,226 current US$, 73% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,273 current US$ | 645.14 current US$ | 2,006 current US$ | 10 |
| 1980s | 2,306 current US$ | 2,031 current US$ | 2,632 current US$ | 10 |
| 1990s | 2,396 current US$ | 2,048 current US$ | 2,785 current US$ | 10 |
| 2000s | 3,820 current US$ | 2,751 current US$ | 5,089 current US$ | 10 |
| 2010s | 7,442 current US$ | 5,272 current US$ | 9,232 current US$ | 10 |
| 2020s | 9,605 current US$ | 9,605 current US$ | 9,605 current US$ | 1 |
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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is gdp per capita in Cuba?
- Gdp per capita in Cuba was 9,605 current US$ in 2020, 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 9,605 current US$ in 2020.
- What is the lowest gdp per capita recorded in Cuba?
- The lowest recorded value was 645.14 current US$ in 1970.
- How does Cuba rank for gdp per capita?
- Cuba ranks 106th out of 214 countries with data for 2020.
- Is gdp per capita rising or falling in Cuba?
- Over the last ten years it is up 82.2%. 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.