GNI growth in Cuba
Cuba: GNI growth was -0.1% in 2019. ◆ Volatile
GNI growth in Cuba, 1971–2019
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
Cuba recorded -0.1% for gni growth in 2019.
That represents a change of down 110.6% on the previous year and down 105.7% over ten years.
Over the whole period, gni growth in Cuba peaked at 19.4% in 1981 and was at its lowest, -14.9%, in 1991.
That places Cuba 139th out of 162 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.5% | 1.0% | 9.5% | 9 |
| 1980s | 4.0% | -4.6% | 19.4% | 10 |
| 1990s | -2.2% | -14.9% | 9.0% | 10 |
| 2000s | 4.9% | -3.6% | 14.0% | 10 |
| 2010s | 3.0% | -0.1% | 8.5% | 10 |
Countries ranked near Cuba
- 136 San Marino 0.3% compare
- 137 New Zealand 0.3% compare
- 138 Vanuatu 0.2% compare
- 140 Haiti -0.3% compare
- 141 Mozambique -0.3% compare
- 142 Switzerland -0.5% compare
More economy & growth data for Cuba
- External balance on goods and services as a percent of GDP -39.9% (2024)
- GDP per capita 7,381 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 10.7% (2024)
- Gross domestic product (GDP) 81.05 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 7,381 constant 2015 US$ (2024)
- DEC alternative conversion factor 1 LCU per US$ (2020)
- Net secondary income (Net current transfers from abroad) 1.89 billion current LCU (2019)
- Net secondary income (Net current transfers from abroad) 1.89 billion current US$ (2019)
- Taxes less subsidies on products 16.49 billion current LCU (2024)
- Taxes less subsidies on products 762.00 million current US$ (2020)
Frequently asked questions
- What is gni growth in Cuba?
- Gni growth in Cuba was -0.1% in 2019, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni growth recorded in Cuba?
- The highest recorded value was 19.4% in 1981.
- What is the lowest gni growth recorded in Cuba?
- The lowest recorded value was -14.9% in 1991.
- How does Cuba rank for gni growth?
- Cuba ranks 139th out of 162 countries with data for 2019.
- Is gni growth rising or falling in Cuba?
- Over the last ten years it is down 105.7%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GNI growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.