Gdp per capita growth in Cuba
Cuba: Gdp per capita growth was -0.7 in 2024. ◆ Volatile
Gdp per capita growth in Cuba, 1971–2024
Source: Our World in Data.
Analysis
The most recent figure for gdp per capita growth 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, gdp per capita growth in Cuba peaked at 19.15 in 1981 and was at its lowest, -15.31, 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.
Gdp per capita growth in Cuba, year by year
| Year | Value | Change |
|---|---|---|
| 1971 | 6.71 | — |
| 1972 | 3.16 | -52.9% |
| 1973 | 1.97 | -37.9% |
| 1974 | -0.2959 | -115.1% |
| 1975 | 8.26 | -2890.8% |
| 1976 | 4.42 | -46.5% |
| 1977 | 7.84 | +77.4% |
| 1978 | 5.9 | -24.8% |
| 1979 | 0.5563 | -90.6% |
| 1980 | -5.25 | -1044.1% |
| 1981 | 19.15 | -464.6% |
| 1982 | 8.22 | -57.1% |
| 1983 | 4.58 | -44.2% |
| 1984 | 7.05 | +53.7% |
| 1985 | 0.7572 | -89.3% |
| 1986 | -0.7549 | -199.7% |
| 1987 | -3.26 | +332.1% |
| 1988 | 2.74 | -184.0% |
| 1989 | -0.282 | -110.3% |
| 1990 | -3.85 | +1264.4% |
| 1991 | -11.41 | +196.4% |
| 1992 | -12.14 | +6.4% |
| 1993 | -15.31 | +26.1% |
| 1994 | 0.3007 | -102.0% |
| 1995 | 2.09 | +594.5% |
| 1996 | 7.48 | +258.1% |
| 1997 | 2.45 | -67.3% |
| 1998 | -0.1747 | -107.1% |
| 1999 | 5.83 | -3437.0% |
| 2000 | 5.56 | -4.6% |
| 2001 | 2.86 | -48.6% |
| 2002 | 1.12 | -60.8% |
| 2003 | 3.5 | +211.4% |
| 2004 | 5.49 | +57.1% |
| 2005 | 10.97 | +99.6% |
| 2006 | 11.91 | +8.6% |
| 2007 | 7.18 | -39.7% |
| 2008 | 4.08 | -43.2% |
| 2009 | 1.42 | -65.0% |
| 2010 | 2.37 | +66.1% |
| 2011 | 2.76 | +16.8% |
| 2012 | 3 | +8.5% |
| 2013 | 2.79 | -6.9% |
| 2014 | 1.16 | -58.5% |
| 2015 | 4.54 | +291.7% |
| 2016 | 0.5972 | -86.8% |
| 2017 | 1.97 | +230.0% |
| 2018 | 2.44 | +23.6% |
| 2019 | 0.0532 | -97.8% |
| 2020 | -10.74 | -20277.9% |
| 2021 | 1.75 | -116.3% |
| 2022 | 2.35 | +34.4% |
| 2023 | -1.57 | -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 3.14. (58 countries reporting)
- Cuba's -0.7 is below the median for Latin America & Caribbean, which is 2.36. (41 countries reporting)
Biggest year-on-year movements
Years where Gdp per capita growth 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% | 0.0532 | -10.74 |
| 1999 | +3437.0% | -0.1747 | 5.83 |
| 1975 | +2890.8% | -0.2959 | 8.26 |
| 1990 | -1264.4% | -0.282 | -3.85 |
| 1980 | -1044.1% | 0.5563 | -5.25 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.28 | -0.2959 | 8.26 | 9 |
| 1980s | 3.29 | -5.25 | 19.15 | 10 |
| 1990s | -2.47 | -15.31 | 7.48 | 10 |
| 2000s | 5.41 | 1.12 | 11.91 | 10 |
| 2010s | 2.17 | 0.0532 | 4.54 | 10 |
| 2020s | -1.78 | -10.74 | 2.35 | 5 |
Countries ranked near Cuba
- 184 Namibia -0.3317 compare
- 185 Somalia -0.3917 compare
- 186 Malawi -0.6868 compare
- 188 Trinidad and Tobago -0.7465 compare
- 189 United Arab Emirates -0.766 compare
- 190 Saint Lucia -0.7976 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 Our World in Data.
- What is the highest gdp per capita growth recorded in Cuba?
- The highest recorded value was 19.15 in 1981.
- What is the lowest gdp per capita growth recorded in Cuba?
- The lowest recorded value was -15.31 in 1993.
- How does Cuba rank for gdp per capita growth?
- Cuba ranks 187th out of 212 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 Our World in Data, published as part of Gdp per capita growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (Our World in Data).