Gross domestic product (GDP) in Cuba
Cuba: Gross domestic product (GDP) was 81.05 billion constant 2015 US$ in 2024. ▲ Rising
Gross domestic product (GDP) in Cuba, 1970–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
The most recent figure for gross domestic product (gdp) in Cuba is 81.05 billion constant 2015 US$, measured in 2024.
That represents a change of down 1.1% on the previous year and down 2.9% over ten years.
Over the whole period, gross domestic product (gdp) in Cuba peaked at 91.17 billion constant 2015 US$ in 2018 and was at its lowest, 23.12 billion constant 2015 US$, in 1970.
Cuba ranks 71st of 209 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.95 billion constant 2015 US$ | 23.12 billion constant 2015 US$ | 37.17 billion constant 2015 US$ | 10 |
| 1980s | 49.18 billion constant 2015 US$ | 35.36 billion constant 2015 US$ | 54.35 billion constant 2015 US$ | 10 |
| 1990s | 41.30 billion constant 2015 US$ | 35.46 billion constant 2015 US$ | 52.75 billion constant 2015 US$ | 10 |
| 2000s | 58.38 billion constant 2015 US$ | 45.68 billion constant 2015 US$ | 74.11 billion constant 2015 US$ | 10 |
| 2010s | 84.63 billion constant 2015 US$ | 75.88 billion constant 2015 US$ | 91.17 billion constant 2015 US$ | 10 |
| 2020s | 81.92 billion constant 2015 US$ | 81.05 billion constant 2015 US$ | 83.53 billion constant 2015 US$ | 5 |
Countries ranked near Cuba
- 68 Oman 93.82 billion constant 2015 US$ compare
- 69 Guatemala 87.61 billion constant 2015 US$ compare
- 70 Cote d'Ivoire 81.48 billion constant 2015 US$ compare
- 72 Costa Rica 80.74 billion constant 2015 US$ compare
- 73 Panama 80.68 billion constant 2015 US$ compare
- 74 Ukraine 80.23 billion constant 2015 US$ 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)
- 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)
- Net primary income (Net income from abroad) -1.55 billion current LCU (2019)
Frequently asked questions
- What is gross domestic product (gdp) in Cuba?
- Gross domestic product (gdp) in Cuba was 81.05 billion constant 2015 US$ in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Cuba?
- The highest recorded value was 91.17 billion constant 2015 US$ in 2018.
- What is the lowest gross domestic product (gdp) recorded in Cuba?
- The lowest recorded value was 23.12 billion constant 2015 US$ in 1970.
- How does Cuba rank for gross domestic product (gdp)?
- Cuba ranks 71st out of 209 countries with data for 2024.
- Is gross domestic product (gdp) rising or falling in Cuba?
- Over the last ten years it is down 2.9%. The long-run trend across the full record is rising.
- 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) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.