Gross domestic income (constant LCU), per unit of GDP in Cuba
Cuba: Gross domestic income (constant LCU), per unit of GDP was 0.4823 constant LCU per US$ of GDP in 2020. ▼ Falling
Gross domestic income (constant LCU), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross domestic income (constant lcu), per unit of gdp in Cuba is 0.4823 constant LCU per US$ of GDP, measured in 2020. That is the lowest value across all 51 years on record.
That represents a change of down 12.8% on the previous year and down 38.3% over ten years.
Over the whole period, gross domestic income (constant lcu), per unit of gdp in Cuba peaked at 2.7 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.4823 constant LCU per US$ of GDP, in 2020.
That places Cuba 172nd out of 179 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 51 years of available data.
Gross domestic income (constant LCU), per unit of GDP in Cuba, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 2.7 constant LCU per US$ of GDP | — |
| 1971 | 2.42 constant LCU per US$ of GDP | -10.6% |
| 1972 | 2.15 constant LCU per US$ of GDP | -10.9% |
| 1973 | 1.81 constant LCU per US$ of GDP | -15.8% |
| 1974 | 1.6 constant LCU per US$ of GDP | -11.6% |
| 1975 | 1.54 constant LCU per US$ of GDP | -4.1% |
| 1976 | 1.53 constant LCU per US$ of GDP | -0.4% |
| 1977 | 1.62 constant LCU per US$ of GDP | +5.5% |
| 1978 | 1.37 constant LCU per US$ of GDP | -15.2% |
| 1979 | 1.26 constant LCU per US$ of GDP | -7.9% |
| 1980 | 1.18 constant LCU per US$ of GDP | -6.2% |
| 1981 | 1.4 constant LCU per US$ of GDP | +18.0% |
| 1982 | 1.46 constant LCU per US$ of GDP | +4.7% |
| 1983 | 1.45 constant LCU per US$ of GDP | -0.6% |
| 1984 | 1.45 constant LCU per US$ of GDP | -0.3% |
| 1985 | 1.57 constant LCU per US$ of GDP | +8.3% |
| 1986 | 1.45 constant LCU per US$ of GDP | -7.8% |
| 1987 | 1.37 constant LCU per US$ of GDP | -5.6% |
| 1988 | 1.3 constant LCU per US$ of GDP | -4.6% |
| 1989 | 1.33 constant LCU per US$ of GDP | +2.3% |
| 1990 | 1.23 constant LCU per US$ of GDP | -7.8% |
| 1991 | 1.22 constant LCU per US$ of GDP | -1.1% |
| 1992 | 1.13 constant LCU per US$ of GDP | -6.7% |
| 1993 | 0.9708 constant LCU per US$ of GDP | -14.4% |
| 1994 | 0.784 constant LCU per US$ of GDP | -19.2% |
| 1995 | 0.7497 constant LCU per US$ of GDP | -4.4% |
| 1996 | 0.9903 constant LCU per US$ of GDP | +32.1% |
| 1997 | 1 constant LCU per US$ of GDP | +1.0% |
| 1998 | 0.9707 constant LCU per US$ of GDP | -2.9% |
| 1999 | 0.9308 constant LCU per US$ of GDP | -4.1% |
| 2000 | 0.8941 constant LCU per US$ of GDP | -3.9% |
| 2001 | 0.8907 constant LCU per US$ of GDP | -0.4% |
| 2002 | 0.8567 constant LCU per US$ of GDP | -3.8% |
| 2003 | 0.8478 constant LCU per US$ of GDP | -1.0% |
| 2004 | 0.8471 constant LCU per US$ of GDP | -0.1% |
| 2005 | 0.827 constant LCU per US$ of GDP | -2.4% |
| 2006 | 0.82 constant LCU per US$ of GDP | -0.8% |
| 2007 | 0.7888 constant LCU per US$ of GDP | -3.8% |
| 2008 | 0.7365 constant LCU per US$ of GDP | -6.6% |
| 2009 | 0.744 constant LCU per US$ of GDP | +1.0% |
| 2010 | 0.7821 constant LCU per US$ of GDP | +5.1% |
| 2011 | 0.6678 constant LCU per US$ of GDP | -14.6% |
| 2012 | 0.6598 constant LCU per US$ of GDP | -1.2% |
| 2013 | 0.6416 constant LCU per US$ of GDP | -2.8% |
| 2014 | 0.6349 constant LCU per US$ of GDP | -1.0% |
| 2015 | 0.6168 constant LCU per US$ of GDP | -2.8% |
| 2016 | 0.6098 constant LCU per US$ of GDP | -1.1% |
| 2017 | 0.5863 constant LCU per US$ of GDP | -3.9% |
| 2018 | 0.5715 constant LCU per US$ of GDP | -2.5% |
| 2019 | 0.5533 constant LCU per US$ of GDP | -3.2% |
| 2020 | 0.4823 constant LCU per US$ of GDP | -12.8% |
Cuba compared with similar countries
- Cuba's 0.4823 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 11.33 constant LCU per US$ of GDP, 4% of the median. (48 countries reporting)
- Cuba's 0.4823 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 5.27 constant LCU per US$ of GDP, 9% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross domestic income (constant LCU), per unit of GDP 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 |
|---|---|---|---|
| 1996 | +32.1% | 0.7497 constant LCU per US$ of GDP | 0.9903 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.8 constant LCU per US$ of GDP | 1.26 constant LCU per US$ of GDP | 2.7 constant LCU per US$ of GDP | 10 |
| 1980s | 1.4 constant LCU per US$ of GDP | 1.18 constant LCU per US$ of GDP | 1.57 constant LCU per US$ of GDP | 10 |
| 1990s | 0.9976 constant LCU per US$ of GDP | 0.7497 constant LCU per US$ of GDP | 1.23 constant LCU per US$ of GDP | 10 |
| 2000s | 0.8253 constant LCU per US$ of GDP | 0.7365 constant LCU per US$ of GDP | 0.8941 constant LCU per US$ of GDP | 10 |
| 2010s | 0.6324 constant LCU per US$ of GDP | 0.5533 constant LCU per US$ of GDP | 0.7821 constant LCU per US$ of GDP | 10 |
| 2020s | 0.4823 constant LCU per US$ of GDP | 0.4823 constant LCU per US$ of GDP | 0.4823 constant LCU per US$ of GDP | 1 |
Countries ranked near Cuba
- 169 Montenegro 0.5634 constant LCU per US$ of GDP compare
- 170 Kosovo 0.5482 constant LCU per US$ of GDP compare
- 170 Kosovo (UNSCR 1244) 0.5482 constant LCU per US$ of GDP compare
- 173 Tajikistan 0.4187 constant LCU per US$ of GDP compare
- 174 Azerbaijan 0.3916 constant LCU per US$ of GDP compare
- 175 Oman 0.3516 constant LCU per US$ of GDP 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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is gross domestic income (constant lcu), per unit of gdp in Cuba?
- Gross domestic income (constant lcu), per unit of gdp in Cuba was 0.4823 constant LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross domestic income (constant lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 2.7 constant LCU per US$ of GDP in 1970.
- What is the lowest gross domestic income (constant lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.4823 constant LCU per US$ of GDP in 2020.
- How does Cuba rank for gross domestic income (constant lcu), per unit of gdp?
- Cuba ranks 172nd out of 179 countries with data for 2020.
- Is gross domestic income (constant lcu), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 38.3%. The long-run trend across the full record is falling.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic income (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic income (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic income (constant LCU) ÷ GDP (current US$)
Computed from
- Gross domestic income Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Gross domestic income (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.