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 141st out of 164 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.
GNI growth in Cuba, year by year
| Year | annual % | Change |
|---|---|---|
| 1971 | 8.6% | — |
| 1972 | 4.8% | -43.8% |
| 1973 | 3.4% | -28.9% |
| 1974 | 1.0% | -71.6% |
| 1975 | 9.5% | +877.4% |
| 1976 | 5.4% | -43.1% |
| 1977 | 8.7% | +60.4% |
| 1978 | 6.6% | -24.3% |
| 1979 | 1.0% | -84.1% |
| 1980 | -4.6% | -538.0% |
| 1981 | 19.4% | -522.5% |
| 1982 | 8.9% | -54.3% |
| 1983 | 5.4% | -38.8% |
| 1984 | 7.8% | +43.0% |
| 1985 | 3.5% | -54.9% |
| 1986 | -2.8% | -180.3% |
| 1987 | -1.5% | -47.0% |
| 1988 | 4.1% | -374.3% |
| 1989 | -0.4% | -108.7% |
| 1990 | -1.5% | +309.5% |
| 1991 | -14.9% | +921.2% |
| 1992 | -12.5% | -16.0% |
| 1993 | -13.5% | +8.0% |
| 1994 | 2.9% | -121.3% |
| 1995 | 2.2% | -24.1% |
| 1996 | 9.0% | +311.9% |
| 1997 | 2.3% | -74.4% |
| 1998 | -1.3% | -157.5% |
| 1999 | 5.7% | -526.7% |
| 2000 | 3.2% | -42.6% |
| 2001 | 3.7% | +13.0% |
| 2002 | 1.9% | -47.2% |
| 2003 | 6.0% | +208.4% |
| 2004 | 6.0% | +1.0% |
| 2005 | 9.2% | +52.3% |
| 2006 | 14.0% | +52.5% |
| 2007 | 6.2% | -55.4% |
| 2008 | -3.6% | -158.0% |
| 2009 | 2.6% | -170.6% |
| 2010 | 8.5% | +234.3% |
| 2011 | 0.6% | -92.8% |
| 2012 | 5.0% | +709.5% |
| 2013 | 2.6% | -48.3% |
| 2014 | 2.6% | +3.3% |
| 2015 | 4.5% | +72.0% |
| 2016 | 3.5% | -23.5% |
| 2017 | 1.8% | -49.6% |
| 2018 | 1.4% | -20.9% |
| 2019 | -0.1% | -110.6% |
Cuba compared with similar countries
- Cuba's -0.1% is below the median for upper middle income countries, which is 4.3%. (45 countries reporting)
- Cuba's -0.1% is below the median for Latin America & Caribbean, which is 3.1%. (22 countries reporting)
Biggest year-on-year movements
Years where GNI 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 |
|---|---|---|---|
| 1975 | +877.4% | 1.0% | 9.5% |
| 1991 | -921.2% | -1.5% | -14.9% |
| 2012 | +709.5% | 0.6% | 5.0% |
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
- 138 San Marino 0.3%
- 139 New Zealand 0.3% compare
- 140 Vanuatu 0.2% compare
- 142 Haiti -0.3% compare
- 143 Mozambique -0.3% compare
- 144 Switzerland -0.5% 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 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 141st out of 164 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.