General government final consumption expenditure … unit 2015 in Cuba
Cuba: General government final consumption expenditure … unit 2015 was 0.2523 constant 2015 US$ per US$ of GDP in 2020. ▼ Falling
General government final consumption expenditure (constant 2015 US$) in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Cuba recorded 0.2523 constant 2015 US$ per US$ of GDP for general government final consumption expenditure (constant 2015 us$) in 2020. That is the lowest value across all 51 years on record.
That represents a change of down 13.4% on the previous year and down 47.5% over ten years.
Over the whole period, general government final consumption expenditure (constant 2015 us$) in Cuba peaked at 1.3 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.2523 constant 2015 US$ per US$ of GDP, in 2020.
That places Cuba 14th out of 168 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently falling across the 51 years of available data.
General government final consumption expenditure … unit 2015 in Cuba, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 1.3 constant 2015 US$ per US$ of GDP | — |
| 1971 | 1.16 constant 2015 US$ per US$ of GDP | -10.6% |
| 1972 | 1.03 constant 2015 US$ per US$ of GDP | -10.9% |
| 1973 | 0.8706 constant 2015 US$ per US$ of GDP | -15.8% |
| 1974 | 0.7697 constant 2015 US$ per US$ of GDP | -11.6% |
| 1975 | 0.738 constant 2015 US$ per US$ of GDP | -4.1% |
| 1976 | 0.735 constant 2015 US$ per US$ of GDP | -0.4% |
| 1977 | 0.7755 constant 2015 US$ per US$ of GDP | +5.5% |
| 1978 | 0.658 constant 2015 US$ per US$ of GDP | -15.2% |
| 1979 | 0.6059 constant 2015 US$ per US$ of GDP | -7.9% |
| 1980 | 0.5681 constant 2015 US$ per US$ of GDP | -6.2% |
| 1981 | 0.6711 constant 2015 US$ per US$ of GDP | +18.1% |
| 1982 | 0.7021 constant 2015 US$ per US$ of GDP | +4.6% |
| 1983 | 0.6982 constant 2015 US$ per US$ of GDP | -0.6% |
| 1984 | 0.6955 constant 2015 US$ per US$ of GDP | -0.4% |
| 1985 | 0.7508 constant 2015 US$ per US$ of GDP | +8.0% |
| 1986 | 0.699 constant 2015 US$ per US$ of GDP | -6.9% |
| 1987 | 0.6552 constant 2015 US$ per US$ of GDP | -6.3% |
| 1988 | 0.6262 constant 2015 US$ per US$ of GDP | -4.4% |
| 1989 | 0.6388 constant 2015 US$ per US$ of GDP | +2.0% |
| 1990 | 0.5998 constant 2015 US$ per US$ of GDP | -6.1% |
| 1991 | 0.6327 constant 2015 US$ per US$ of GDP | +5.5% |
| 1992 | 0.6602 constant 2015 US$ per US$ of GDP | +4.3% |
| 1993 | 0.6449 constant 2015 US$ per US$ of GDP | -2.3% |
| 1994 | 0.4974 constant 2015 US$ per US$ of GDP | -22.9% |
| 1995 | 0.4621 constant 2015 US$ per US$ of GDP | -7.1% |
| 1996 | 0.5846 constant 2015 US$ per US$ of GDP | +26.5% |
| 1997 | 0.592 constant 2015 US$ per US$ of GDP | +1.3% |
| 1998 | 0.5842 constant 2015 US$ per US$ of GDP | -1.3% |
| 1999 | 0.5571 constant 2015 US$ per US$ of GDP | -4.6% |
| 2000 | 0.5327 constant 2015 US$ per US$ of GDP | -4.4% |
| 2001 | 0.5308 constant 2015 US$ per US$ of GDP | -0.4% |
| 2002 | 0.5213 constant 2015 US$ per US$ of GDP | -1.8% |
| 2003 | 0.5233 constant 2015 US$ per US$ of GDP | +0.4% |
| 2004 | 0.5339 constant 2015 US$ per US$ of GDP | +2.0% |
| 2005 | 0.528 constant 2015 US$ per US$ of GDP | -1.1% |
| 2006 | 0.4975 constant 2015 US$ per US$ of GDP | -5.8% |
| 2007 | 0.4946 constant 2015 US$ per US$ of GDP | -0.6% |
| 2008 | 0.4888 constant 2015 US$ per US$ of GDP | -1.2% |
| 2009 | 0.4871 constant 2015 US$ per US$ of GDP | -0.4% |
| 2010 | 0.4806 constant 2015 US$ per US$ of GDP | -1.3% |
| 2011 | 0.4101 constant 2015 US$ per US$ of GDP | -14.7% |
| 2012 | 0.3844 constant 2015 US$ per US$ of GDP | -6.3% |
| 2013 | 0.3672 constant 2015 US$ per US$ of GDP | -4.5% |
| 2014 | 0.3478 constant 2015 US$ per US$ of GDP | -5.3% |
| 2015 | 0.3221 constant 2015 US$ per US$ of GDP | -7.4% |
| 2016 | 0.3065 constant 2015 US$ per US$ of GDP | -4.8% |
| 2017 | 0.2954 constant 2015 US$ per US$ of GDP | -3.6% |
| 2018 | 0.2897 constant 2015 US$ per US$ of GDP | -1.9% |
| 2019 | 0.2912 constant 2015 US$ per US$ of GDP | +0.5% |
| 2020 | 0.2523 constant 2015 US$ per US$ of GDP | -13.4% |
Cuba compared with similar countries
- Cuba's 0.2523 constant 2015 US$ per US$ of GDP is above the median for upper middle income countries, which is 0.1203 constant 2015 US$ per US$ of GDP, 2.1× the median. (46 countries reporting)
- Cuba's 0.2523 constant 2015 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.1136 constant 2015 US$ per US$ of GDP, 2.2× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8643 constant 2015 US$ per US$ of GDP | 0.6059 constant 2015 US$ per US$ of GDP | 1.3 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 0.6705 constant 2015 US$ per US$ of GDP | 0.5681 constant 2015 US$ per US$ of GDP | 0.7508 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.5815 constant 2015 US$ per US$ of GDP | 0.4621 constant 2015 US$ per US$ of GDP | 0.6602 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.5138 constant 2015 US$ per US$ of GDP | 0.4871 constant 2015 US$ per US$ of GDP | 0.5339 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.3495 constant 2015 US$ per US$ of GDP | 0.2897 constant 2015 US$ per US$ of GDP | 0.4806 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.2523 constant 2015 US$ per US$ of GDP | 0.2523 constant 2015 US$ per US$ of GDP | 0.2523 constant 2015 US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 11 Equatorial Guinea 0.2707 constant 2015 US$ per US$ of GDP compare
- 12 Mozambique 0.2612 constant 2015 US$ per US$ of GDP compare
- 13 United States Virgin Islands 0.2581 constant 2015 US$ per US$ of GDP compare
- 15 Japan 0.2385 constant 2015 US$ per US$ of GDP compare
- 16 Australia 0.2329 constant 2015 US$ per US$ of GDP compare
- 17 Namibia 0.2326 constant 2015 US$ per US$ of GDP 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 general government final consumption expenditure (constant 2015 us$) in Cuba?
- General government final consumption expenditure (constant 2015 us$) in Cuba was 0.2523 constant 2015 US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant 2015 us$) recorded in Cuba?
- The highest recorded value was 1.3 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest general government final consumption expenditure (constant 2015 us$) recorded in Cuba?
- The lowest recorded value was 0.2523 constant 2015 US$ per US$ of GDP in 2020.
- How does Cuba rank for general government final consumption expenditure (constant 2015 us$)?
- Cuba ranks 14th out of 168 countries with data for 2020.
- Is general government final consumption expenditure (constant 2015 us$) rising or falling in Cuba?
- Over the last ten years it is down 47.5%. The long-run trend across the full record is falling.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of General government final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
General government final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
General government final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.