Annual growth of GDP per capita in Cuba
Cuba: Annual growth of GDP per capita was -0.7% in 2024. ◆ Volatile
Annual growth of GDP per capita in Cuba, 1971–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in annual %.
Analysis
The most recent figure for annual growth of gdp per capita in Cuba is -0.7%, measured in 2024.
That represents a change of up 55.5% on the previous year and down 160.4% over ten years.
Over the whole period, annual growth of gdp per capita in Cuba peaked at 19.1% in 1981 and was at its lowest, -15.3%, in 1993.
That places Cuba 187th out of 212 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.
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
- 184 Namibia -0.3% compare
- 185 Somalia -0.4% compare
- 186 Malawi -0.7% compare
- 188 Trinidad and Tobago -0.7% compare
- 189 United Arab Emirates -0.8% compare
- 190 Saint Lucia -0.8% compare
More economy & growth data for Cuba
- External balance on goods and services as a percent of GDP -39.9% (2024)
- GDP per capita 7,381 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 10.7% (2024)
- Gross domestic product (GDP) 81.05 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 7,381 constant 2015 US$ (2024)
- DEC alternative conversion factor 1 LCU per US$ (2020)
- Net secondary income (Net current transfers from abroad) 1.89 billion current LCU (2019)
- Net secondary income (Net current transfers from abroad) 1.89 billion current US$ (2019)
- Taxes less subsidies on products 16.49 billion current LCU (2024)
- Taxes less subsidies on products 762.00 million current US$ (2020)
Frequently asked questions
- What is annual growth of gdp per capita in Cuba?
- Annual growth of gdp per capita in Cuba was -0.7% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest annual growth of gdp per capita recorded in Cuba?
- The highest recorded value was 19.1% in 1981.
- What is the lowest annual growth of gdp per capita recorded in Cuba?
- The lowest recorded value was -15.3% in 1993.
- How does Cuba rank for annual growth of gdp per capita?
- Cuba ranks 187th out of 212 countries with data for 2024.
- Is annual growth of gdp per capita 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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Annual growth of GDP per capita. Statizoid updates them automatically from the source API.
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About this data
This data is adjusted for inflation.