General government final consumption expenditure in Cuba
Cuba: General government final consumption expenditure was 24.8% in 2024. ▬ Flat
General government final consumption expenditure in Cuba, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Cuba recorded 24.8% for general government final consumption expenditure in 2024.
That represents a change of down 7.1% on the previous year and down 23.4% over ten years.
Over the whole period, general government final consumption expenditure in Cuba peaked at 39.9% in 2008 and was at its lowest, 24.4%, in 1995.
Cuba ranks 24th of 187 countries on this measure, in the top quarter.
General government final consumption expenditure in Cuba, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 31.7% | — |
| 1971 | 31.7% | -0.0% |
| 1972 | 31.7% | +0.0% |
| 1973 | 31.7% | +0.0% |
| 1974 | 31.7% | +0.0% |
| 1975 | 31.7% | -0.0% |
| 1976 | 31.7% | +0.0% |
| 1977 | 31.7% | +0.0% |
| 1978 | 31.7% | +0.0% |
| 1979 | 31.7% | +0.0% |
| 1980 | 31.6% | -0.3% |
| 1981 | 31.7% | +0.2% |
| 1982 | 31.7% | +0.2% |
| 1983 | 31.7% | +0.0% |
| 1984 | 31.7% | -0.0% |
| 1985 | 31.1% | -2.0% |
| 1986 | 32.1% | +3.0% |
| 1987 | 32.0% | -0.2% |
| 1988 | 31.8% | -0.7% |
| 1989 | 31.7% | -0.1% |
| 1990 | 31.0% | -2.3% |
| 1991 | 33.3% | +7.4% |
| 1992 | 34.8% | +4.5% |
| 1993 | 35.4% | +1.7% |
| 1994 | 27.3% | -22.9% |
| 1995 | 24.4% | -10.5% |
| 1996 | 26.6% | +8.9% |
| 1997 | 26.8% | +1.1% |
| 1998 | 27.7% | +3.1% |
| 1999 | 28.9% | +4.5% |
| 2000 | 29.6% | +2.3% |
| 2001 | 30.9% | +4.4% |
| 2002 | 34.1% | +10.4% |
| 2003 | 33.7% | -1.1% |
| 2004 | 35.5% | +5.2% |
| 2005 | 33.6% | -5.2% |
| 2006 | 32.2% | -4.2% |
| 2007 | 35.4% | +9.9% |
| 2008 | 39.9% | +12.6% |
| 2009 | 39.0% | -2.3% |
| 2010 | 34.8% | -10.8% |
| 2011 | 35.4% | +1.9% |
| 2012 | 31.9% | -9.9% |
| 2013 | 32.4% | +1.7% |
| 2014 | 32.4% | -0.1% |
| 2015 | 32.2% | -0.6% |
| 2016 | 31.9% | -1.0% |
| 2017 | 30.8% | -3.3% |
| 2018 | 30.0% | -2.6% |
| 2019 | 32.2% | +7.3% |
| 2020 | 38.8% | +20.5% |
| 2021 | 33.8% | -12.9% |
| 2022 | 32.7% | -3.3% |
| 2023 | 26.7% | -18.3% |
| 2024 | 24.8% | -7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.7% | 31.7% | 31.7% | 10 |
| 1980s | 31.7% | 31.1% | 32.1% | 10 |
| 1990s | 29.6% | 24.4% | 35.4% | 10 |
| 2000s | 34.4% | 29.6% | 39.9% | 10 |
| 2010s | 32.4% | 30.0% | 35.4% | 10 |
| 2020s | 31.4% | 24.8% | 38.8% | 5 |
Countries ranked near Cuba
More economy & growth data for Cuba
- Gross capital formation (current US$), annual growth rate -10.83 % change on previous year (2020)
- Gross capital formation (current US$), per unit of GDP 0.0987 current US$ per US$ of GDP (2020)
- Gross capital formation (current US$), per capita 948.52 current US$ per person (2020)
- Gross capital formation (current LCU), annual growth rate 47.89 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.0987 current LCU per US$ of GDP (2020)
- Gross capital formation (current LCU), per capita 23,922 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 3.31 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.0801 constant 2015 US$ per US$ of GDP (2020)
- Gross capital formation (constant 2015 US$), per capita 775.66 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate -26.47 % change on previous year (2020)
Frequently asked questions
- What is general government final consumption expenditure in Cuba?
- General government final consumption expenditure in Cuba was 24.8% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest general government final consumption expenditure recorded in Cuba?
- The highest recorded value was 39.9% in 2008.
- What is the lowest general government final consumption expenditure recorded in Cuba?
- The lowest recorded value was 24.4% in 1995.
- How does Cuba rank for general government final consumption expenditure?
- Cuba ranks 24th out of 187 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Cuba?
- Over the last ten years it is down 23.4%. The long-run trend across the full record is flat.
- Where does this Cuba data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of General government final consumption expenditure (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.