General government final consumption … US rate annual growth in Cuba
Cuba: General government final consumption … US rate annual growth was 25.1 % change on previous year in 2020. ◆ Volatile
General government final consumption expenditure (current US$) in Cuba, 1971–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cuba recorded 25.1 % change on previous year for general government final consumption expenditure (current us$) in 2020.
The figure is up 130.2% on the previous year and up 432.3% over ten years.
Over the whole period, general government final consumption expenditure (current us$) in Cuba peaked at 25.65 % change on previous year in 1978 and was at its lowest, -10.51 % change on previous year, in 1996.
Cuba ranks 9th of 185 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption … US rate annual growth in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.46 % change on previous year | — |
| 1972 | 17.65 % change on previous year | -17.7% |
| 1973 | 22.78 % change on previous year | +29.0% |
| 1974 | 14.21 % change on previous year | -37.6% |
| 1975 | 14.17 % change on previous year | -0.3% |
| 1976 | 5.86 % change on previous year | -58.7% |
| 1977 | 3.05 % change on previous year | -47.8% |
| 1978 | 25.65 % change on previous year | +739.7% |
| 1979 | 9.78 % change on previous year | -61.9% |
| 1980 | 1.37 % change on previous year | -86.0% |
| 1981 | 1.44 % change on previous year | +5.1% |
| 1982 | 4.16 % change on previous year | +190.0% |
| 1983 | 6 % change on previous year | +44.0% |
| 1984 | 8.26 % change on previous year | +37.7% |
| 1985 | -6.52 % change on previous year | -179.0% |
| 1986 | 8.9 % change on previous year | -236.4% |
| 1987 | 3.9 % change on previous year | -56.2% |
| 1988 | 8.14 % change on previous year | +109.0% |
| 1989 | -1.71 % change on previous year | -121.0% |
| 1990 | 3.55 % change on previous year | -307.3% |
| 1991 | -8.79 % change on previous year | -347.7% |
| 1992 | -5.12 % change on previous year | -41.8% |
| 1993 | 2.97 % change on previous year | -158.1% |
| 1994 | -1.99 % change on previous year | -166.9% |
| 1995 | -4.3 % change on previous year | +116.4% |
| 1996 | -10.51 % change on previous year | +144.2% |
| 1997 | 2.47 % change on previous year | -123.5% |
| 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 | 9.71 % change on previous year | +65.6% |
| 2007 | 22.06 % change on previous year | +127.3% |
| 2008 | 16.86 % change on previous year | -23.6% |
| 2009 | -0.2596 % change on previous year | -101.5% |
| 2010 | -7.55 % change on previous year | +2809.3% |
| 2011 | 18.03 % change on previous year | -338.7% |
| 2012 | -4.48 % change on previous year | -124.8% |
| 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% |
Cuba compared with similar countries
- Cuba's 25.1 % change on previous year is above the median for upper middle income countries, which is 9.71 % change on previous year, 2.6× the median. (51 countries reporting)
- Cuba's 25.1 % change on previous year is above the median for Latin America & Caribbean, which is 4.73 % change on previous year, 5.3× the median. (27 countries reporting)
Biggest year-on-year movements
Years where General government final consumption … US 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 |
|---|---|---|---|
| 2010 | -2809.3% | -0.2596 % 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 |
| 1978 | +739.7% | 3.05 % change on previous year | 25.65 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.96 % change on previous year | 3.05 % change on previous year | 25.65 % change on previous year | 9 |
| 1980s | 3.39 % change on previous year | -6.52 % change on previous year | 8.9 % change on previous year | 10 |
| 1990s | -0.1889 % change on previous year | -10.51 % change on previous year | 15.2 % change on previous year | 10 |
| 2000s | 10.74 % change on previous year | -0.2596 % change on previous year | 22.06 % change on previous year | 10 |
| 2010s | 4.29 % change on previous year | -7.55 % change on previous year | 18.03 % change on previous year | 10 |
| 2020s | 25.1 % change on previous year | 25.1 % change on previous year | 25.1 % change on previous year | 1 |
Countries ranked near Cuba
- 6 Malawi 26.32 % change on previous year
- 7 Central African Republic 25.88 % change on previous year compare
- 8 Sao Tome and Principe 25.27 % change on previous year compare
- 10 Tajikistan 24.85 % change on previous year compare
- 11 Iraq 23.58 % change on previous year compare
- 12 Haiti 23.27 % 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 us$) in Cuba?
- General government final consumption expenditure (current us$) in Cuba was 25.1 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current us$) recorded in Cuba?
- The highest recorded value was 25.65 % change on previous year in 1978.
- What is the lowest general government final consumption expenditure (current us$) recorded in Cuba?
- The lowest recorded value was -10.51 % change on previous year in 1996.
- How does Cuba rank for general government final consumption expenditure (current us$)?
- Cuba ranks 9th out of 185 countries with data for 2020.
- Is general government final consumption expenditure (current us$) rising or falling in Cuba?
- Over the last ten years it is up 432.3%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.