General government final consumption expenditure (constant LCU) in Cuba
Cuba: General government final consumption expenditure (constant LCU) was -7.43 % change on previous year in 2024. ◆ Volatile
General government final consumption expenditure (constant LCU) in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, general government final consumption expenditure (constant lcu) in Cuba stood at -7.43 % change on previous year.
The figure is up 39.8% on the previous year and down 657.3% over ten years.
Over the whole period, general government final consumption expenditure (constant lcu) in Cuba peaked at 19.54 % change on previous year in 1981 and was at its lowest, -12.34 % change on previous year, in 2023.
That places Cuba 169th out of 174 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.
General government final consumption expenditure (constant LCU) in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.59 % change on previous year | — |
| 1972 | 4.83 % change on previous year | -43.8% |
| 1973 | 3.43 % change on previous year | -28.9% |
| 1974 | 0.9759 % change on previous year | -71.5% |
| 1975 | 9.5 % change on previous year | +873.9% |
| 1976 | 5.43 % change on previous year | -42.9% |
| 1977 | 8.69 % change on previous year | +60.1% |
| 1978 | 6.57 % change on previous year | -24.3% |
| 1979 | 1.06 % change on previous year | -83.9% |
| 1980 | -4.67 % change on previous year | -540.9% |
| 1981 | 19.54 % change on previous year | -518.8% |
| 1982 | 8.8 % change on previous year | -55.0% |
| 1983 | 5.38 % change on previous year | -38.9% |
| 1984 | 7.85 % change on previous year | +45.9% |
| 1985 | 2.93 % change on previous year | -62.7% |
| 1986 | -1.6 % change on previous year | -154.5% |
| 1987 | -2.45 % change on previous year | +53.6% |
| 1988 | 4.09 % change on previous year | -267.0% |
| 1989 | 0.3835 % change on previous year | -90.6% |
| 1990 | -0.4712 % change on previous year | -222.9% |
| 1991 | -10.45 % change on previous year | +2117.0% |
| 1992 | -5.23 % change on previous year | -49.9% |
| 1993 | -1.07 % change on previous year | -79.6% |
| 1994 | -1.92 % change on previous year | +79.9% |
| 1995 | -0.6076 % change on previous year | -68.3% |
| 1996 | 4 % change on previous year | -758.0% |
| 1997 | 2.68 % change on previous year | -33.0% |
| 1998 | 0.1205 % change on previous year | -95.5% |
| 1999 | 5.11 % change on previous year | +4138.2% |
| 2000 | 3.04 % change on previous year | -40.4% |
| 2001 | 3.28 % change on previous year | +7.7% |
| 2002 | 4.13 % change on previous year | +26.1% |
| 2003 | 7.28 % change on previous year | +76.3% |
| 2004 | 8.56 % change on previous year | +17.5% |
| 2005 | 10.4 % change on previous year | +21.5% |
| 2006 | 7.89 % change on previous year | -24.1% |
| 2007 | 10.47 % change on previous year | +32.7% |
| 2008 | 2.55 % change on previous year | -75.6% |
| 2009 | 1.72 % change on previous year | -32.5% |
| 2010 | 2.25 % change on previous year | +30.7% |
| 2011 | -1.16 % change on previous year | -151.6% |
| 2012 | -0.6394 % change on previous year | -45.1% |
| 2013 | 0.7612 % change on previous year | -219.1% |
| 2014 | -0.9813 % change on previous year | -228.9% |
| 2015 | 0.0456 % change on previous year | -104.6% |
| 2016 | -0.2138 % change on previous year | -568.8% |
| 2017 | 2.18 % change on previous year | -1118.0% |
| 2018 | 1.3 % change on previous year | -40.3% |
| 2019 | 3.92 % change on previous year | +201.8% |
| 2020 | -10.08 % change on previous year | -356.9% |
| 2021 | 14.96 % change on previous year | -248.5% |
| 2022 | 1.48 % change on previous year | -90.1% |
| 2023 | -12.34 % change on previous year | -933.6% |
| 2024 | -7.43 % change on previous year | -39.8% |
Cuba compared with similar countries
- Cuba's -7.43 % change on previous year is below the median for upper middle income countries, which is 2.1 % change on previous year. (47 countries reporting)
- Cuba's -7.43 % change on previous year is below the median for Latin America & Caribbean, which is 1.42 % change on previous year. (24 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (constant LCU) 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 |
|---|---|---|---|
| 1999 | +4138.2% | 0.1205 % change on previous year | 5.11 % change on previous year |
| 1991 | -2117.0% | -0.4712 % change on previous year | -10.45 % change on previous year |
| 2017 | +1118.0% | -0.2138 % change on previous year | 2.18 % change on previous year |
| 1975 | +873.9% | 0.9759 % change on previous year | 9.5 % change on previous year |
| 2023 | -933.6% | 1.48 % change on previous year | -12.34 % change on previous year |
| 1996 | +758.0% | -0.6076 % change on previous year | 4 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.45 % change on previous year | 0.9759 % change on previous year | 9.5 % change on previous year | 9 |
| 1980s | 4.03 % change on previous year | -4.67 % change on previous year | 19.54 % change on previous year | 10 |
| 1990s | -0.7832 % change on previous year | -10.45 % change on previous year | 5.11 % change on previous year | 10 |
| 2000s | 5.93 % change on previous year | 1.72 % change on previous year | 10.47 % change on previous year | 10 |
| 2010s | 0.746 % change on previous year | -1.16 % change on previous year | 3.92 % change on previous year | 10 |
| 2020s | -2.68 % change on previous year | -12.34 % change on previous year | 14.96 % change on previous year | 5 |
Countries ranked near Cuba
- 166 Djibouti -4.53 % change on previous year compare
- 167 Madagascar -4.59 % change on previous year compare
- 168 Mongolia -6.14 % change on previous year compare
- 170 Palestine -7.66 % change on previous year compare
- 171 Kiribati -9.6 % change on previous year compare
- 172 Chad -16.55 % change on previous year 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 general government final consumption expenditure (constant lcu) in Cuba?
- General government final consumption expenditure (constant lcu) in Cuba was -7.43 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant lcu) recorded in Cuba?
- The highest recorded value was 19.54 % change on previous year in 1981.
- What is the lowest general government final consumption expenditure (constant lcu) recorded in Cuba?
- The lowest recorded value was -12.34 % change on previous year in 2023.
- How does Cuba rank for general government final consumption expenditure (constant lcu)?
- Cuba ranks 169th out of 174 countries with data for 2024.
- Is general government final consumption expenditure (constant lcu) rising or falling in Cuba?
- Over the last ten years it is down 657.3%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of General government final consumption expenditure (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government final consumption expenditure 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
The year-on-year percentage change in General government final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.