General government final consumption … current rate annual growth in Cuba
Cuba: General government final consumption … current rate annual growth was 21.52 % change on previous year in 2024. ◆ Volatile
General government final consumption expenditure (current LCU) in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cuba recorded 21.52 % change on previous year for general government final consumption expenditure (current lcu) in 2024.
That represents a change of up 205.0% on the previous year and up 387.1% over ten years.
Over the whole period, general government final consumption expenditure (current lcu) in Cuba peaked at 342.23 % change on previous year in 2021 and was at its lowest, -11.13 % change on previous year, in 1991.
Cuba ranks 20th of 185 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption … current rate annual growth in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.46 % change on previous year | — |
| 1972 | 12.12 % change on previous year | -43.5% |
| 1973 | 6.81 % change on previous year | -43.9% |
| 1974 | 12.97 % change on previous year | +90.6% |
| 1975 | 14.17 % change on previous year | +9.2% |
| 1976 | 5.99 % change on previous year | -57.8% |
| 1977 | 4.18 % change on previous year | -30.1% |
| 1978 | 16.57 % change on previous year | +295.9% |
| 1979 | 4.08 % change on previous year | -75.4% |
| 1980 | -0.0218 % change on previous year | -100.5% |
| 1981 | 16.93 % change on previous year | -77607.0% |
| 1982 | 6.67 % change on previous year | -60.6% |
| 1983 | 7.12 % change on previous year | +6.7% |
| 1984 | 10.72 % change on previous year | +50.5% |
| 1985 | -2.54 % change on previous year | -123.7% |
| 1986 | -0.9132 % change on previous year | -64.1% |
| 1987 | -1.98 % change on previous year | +116.3% |
| 1988 | 4.25 % change on previous year | -315.1% |
| 1989 | 1.18 % change on previous year | -72.2% |
| 1990 | -0.208 % change on previous year | -117.6% |
| 1991 | -11.13 % change on previous year | +5250.5% |
| 1992 | -4.17 % change on previous year | -62.5% |
| 1993 | 2.97 % change on previous year | -171.3% |
| 1994 | -1.99 % change on previous year | -166.9% |
| 1995 | 1.3 % change on previous year | -165.2% |
| 1996 | 14.25 % change on previous year | +998.5% |
| 1997 | 2.47 % change on previous year | -82.7% |
| 1998 | 4.63 % change on previous year | +87.7% |
| 1999 | 15.2 % change on previous year | +228.2% |
| 2000 | 10.26 % change on previous year | -32.5% |
| 2001 | 8.18 % change on previous year | -20.3% |
| 2002 | 17.06 % change on previous year | +108.7% |
| 2003 | 5.71 % change on previous year | -66.5% |
| 2004 | 11.92 % change on previous year | +108.6% |
| 2005 | 5.86 % change on previous year | -50.8% |
| 2006 | 18.48 % change on previous year | +215.2% |
| 2007 | 22.06 % change on previous year | +19.4% |
| 2008 | 16.86 % change on previous year | -23.6% |
| 2009 | -0.2598 % change on previous year | -101.5% |
| 2010 | -7.55 % change on previous year | +2807.5% |
| 2011 | 9.29 % change on previous year | -223.0% |
| 2012 | -4.48 % change on previous year | -148.2% |
| 2013 | 7.24 % change on previous year | -261.6% |
| 2014 | 4.42 % change on previous year | -38.9% |
| 2015 | 7.36 % change on previous year | +66.6% |
| 2016 | 3.85 % change on previous year | -47.7% |
| 2017 | 2.48 % change on previous year | -35.5% |
| 2018 | 0.6449 % change on previous year | -74.0% |
| 2019 | 10.9 % change on previous year | +1590.5% |
| 2020 | 25.1 % change on previous year | +130.2% |
| 2021 | 342.23 % change on previous year | +1263.5% |
| 2022 | 12.23 % change on previous year | -96.4% |
| 2023 | 7.06 % change on previous year | -42.3% |
| 2024 | 21.52 % change on previous year | +205.0% |
Cuba compared with similar countries
- Cuba's 21.52 % change on previous year is above the median for upper middle income countries, which is 9.15 % change on previous year, 2.4× the median. (51 countries reporting)
- Cuba's 21.52 % change on previous year is above the median for Latin America & Caribbean, which is 5.1 % change on previous year, 4.2× the median. (27 countries reporting)
Biggest year-on-year movements
Years where General government final consumption … current rate annual 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 |
|---|---|---|---|
| 1981 | +77607.0% | -0.0218 % change on previous year | 16.93 % change on previous year |
| 1991 | -5250.5% | -0.208 % change on previous year | -11.13 % change on previous year |
| 2010 | -2807.5% | -0.2598 % change on previous year | -7.55 % change on previous year |
| 2019 | +1590.5% | 0.6449 % change on previous year | 10.9 % change on previous year |
| 2021 | +1263.5% | 25.1 % change on previous year | 342.23 % change on previous year |
| 1996 | +998.5% | 1.3 % change on previous year | 14.25 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.93 % change on previous year | 4.08 % change on previous year | 21.46 % change on previous year | 9 |
| 1980s | 4.14 % change on previous year | -2.54 % change on previous year | 16.93 % change on previous year | 10 |
| 1990s | 2.33 % change on previous year | -11.13 % change on previous year | 15.2 % change on previous year | 10 |
| 2000s | 11.61 % change on previous year | -0.2598 % change on previous year | 22.06 % change on previous year | 10 |
| 2010s | 3.42 % change on previous year | -7.55 % change on previous year | 10.9 % change on previous year | 10 |
| 2020s | 81.63 % change on previous year | 7.06 % change on previous year | 342.23 % change on previous year | 5 |
Countries ranked near Cuba
- 17 Gambia 22.25 % change on previous year compare
- 18 Iraq 22.1 % change on previous year compare
- 19 Haiti 21.88 % change on previous year compare
- 21 Somalia 21.22 % change on previous year compare
- 22 Ukraine 20.85 % change on previous year compare
- 23 Central African Republic 20.81 % change on previous year 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 (current lcu) in Cuba?
- General government final consumption expenditure (current lcu) in Cuba was 21.52 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current lcu) recorded in Cuba?
- The highest recorded value was 342.23 % change on previous year in 2021.
- What is the lowest general government final consumption expenditure (current lcu) recorded in Cuba?
- The lowest recorded value was -11.13 % change on previous year in 1991.
- How does Cuba rank for general government final consumption expenditure (current lcu)?
- Cuba ranks 20th out of 185 countries with data for 2024.
- Is general government final consumption expenditure (current lcu) rising or falling in Cuba?
- Over the last ten years it is up 387.1%. 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 (current 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.