GDP per capita growth (annual %) (Country official) in Cuba
Cuba: GDP per capita growth (annual %) (Country official) was -0.7% in 2024. ◆ Volatile
GDP per capita growth in Cuba, 1971–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gdp per capita growth in Cuba is -0.7%, measured in 2024.
Compared with earlier readings it is up 55.5% on the previous year and down 160.4% over ten years.
Over the whole period, gdp per capita growth in Cuba peaked at 19.1% in 1981 and was at its lowest, -15.3%, in 1993.
That places Cuba 190th out of 215 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita growth (annual %) (Country official) in Cuba, year by year
| Year | annual % | Change |
|---|---|---|
| 1971 | 6.7% | — |
| 1972 | 3.2% | -52.9% |
| 1973 | 2.0% | -37.9% |
| 1974 | -0.3% | -115.1% |
| 1975 | 8.3% | -2890.8% |
| 1976 | 4.4% | -46.5% |
| 1977 | 7.8% | +77.4% |
| 1978 | 5.9% | -24.8% |
| 1979 | 0.6% | -90.6% |
| 1980 | -5.3% | -1044.1% |
| 1981 | 19.1% | -464.6% |
| 1982 | 8.2% | -57.1% |
| 1983 | 4.6% | -44.2% |
| 1984 | 7.0% | +53.7% |
| 1985 | 0.8% | -89.3% |
| 1986 | -0.8% | -199.7% |
| 1987 | -3.3% | +332.1% |
| 1988 | 2.7% | -184.0% |
| 1989 | -0.3% | -110.3% |
| 1990 | -3.8% | +1264.4% |
| 1991 | -11.4% | +196.4% |
| 1992 | -12.1% | +6.4% |
| 1993 | -15.3% | +26.1% |
| 1994 | 0.3% | -102.0% |
| 1995 | 2.1% | +594.5% |
| 1996 | 7.5% | +258.1% |
| 1997 | 2.4% | -67.3% |
| 1998 | -0.2% | -107.1% |
| 1999 | 5.8% | -3437.0% |
| 2000 | 5.6% | -4.6% |
| 2001 | 2.9% | -48.6% |
| 2002 | 1.1% | -60.8% |
| 2003 | 3.5% | +211.4% |
| 2004 | 5.5% | +57.1% |
| 2005 | 11.0% | +99.6% |
| 2006 | 11.9% | +8.6% |
| 2007 | 7.2% | -39.7% |
| 2008 | 4.1% | -43.2% |
| 2009 | 1.4% | -65.0% |
| 2010 | 2.4% | +66.1% |
| 2011 | 2.8% | +16.8% |
| 2012 | 3.0% | +8.5% |
| 2013 | 2.8% | -6.9% |
| 2014 | 1.2% | -58.5% |
| 2015 | 4.5% | +291.7% |
| 2016 | 0.6% | -86.8% |
| 2017 | 2.0% | +230.0% |
| 2018 | 2.4% | +23.6% |
| 2019 | 0.1% | -97.8% |
| 2020 | -10.7% | -20277.9% |
| 2021 | 1.7% | -116.3% |
| 2022 | 2.3% | +34.4% |
| 2023 | -1.6% | -167.0% |
| 2024 | -0.7% | -55.5% |
Cuba compared with similar countries
- Cuba's -0.7% is below the median for upper middle income countries, which is 3.2%. (59 countries reporting)
- Cuba's -0.7% is below the median for Latin America & Caribbean, which is 2.4%. (41 countries reporting)
Biggest year-on-year movements
Years where GDP per capita growth (annual %) (Country official) 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 |
|---|---|---|---|
| 2020 | -20277.9% | 0.1% | -10.7% |
| 1999 | +3437.0% | -0.2% | 5.8% |
| 1975 | +2890.8% | -0.3% | 8.3% |
| 1990 | -1264.4% | -0.3% | -3.8% |
| 1980 | -1044.1% | 0.6% | -5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.3% | -0.3% | 8.3% | 9 |
| 1980s | 3.3% | -5.3% | 19.1% | 10 |
| 1990s | -2.5% | -15.3% | 7.5% | 10 |
| 2000s | 5.4% | 1.1% | 11.9% | 10 |
| 2010s | 2.2% | 0.1% | 4.5% | 10 |
| 2020s | -1.8% | -10.7% | 2.3% | 5 |
Countries ranked near Cuba
- 187 Namibia -0.3% compare
- 188 Somalia -0.4% compare
- 189 Malawi -0.7% compare
- 191 Trinidad and Tobago -0.7% compare
- 192 United Arab Emirates -0.8% compare
- 193 Saint Lucia -0.8% compare
More economy & growth data for Cuba
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, US dollar, per capita 0 units per person (2016)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, SDR, per capita 0 units per person (2016)
- IMF holdings of currency, US dollar, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, US dollar, per capita 0 units per person (2016)
- IMF holdings of currency, SDR, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, SDR, per capita 0 units per person (2016)
Frequently asked questions
- What is gdp per capita growth in Cuba?
- Gdp per capita growth in Cuba was -0.7% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita growth recorded in Cuba?
- The highest recorded value was 19.1% in 1981.
- What is the lowest gdp per capita growth recorded in Cuba?
- The lowest recorded value was -15.3% in 1993.
- How does Cuba rank for gdp per capita growth?
- Cuba ranks 190th out of 215 countries with data for 2024.
- Is gdp per capita growth rising or falling in Cuba?
- Over the last ten years it is down 160.4%. 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 growth (annual %). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.