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.
Annual growth of GDP per capita 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 3.1%. (58 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 Annual growth of 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 |
|---|---|---|---|
| 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
- 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
- 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 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.