Gross Domestic Product, GDP in millions constant 2021 international $ in Cuba
Cuba: Gross Domestic Product, GDP in millions constant 2021 international $ was 0 units per US$ of GDP in 2020. ▼ Falling
Gross Domestic Product, GDP in millions constant 2021 international $ in Cuba, 1991–2020
Source: Statizoid (derived). Measured in units per US$ of GDP.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Cuba is 0 units per US$ of GDP, measured in 2020. That is the lowest value across all 30 years on record.
Compared with earlier readings it is down 14.2% on the previous year and down 40.7% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Cuba peaked at 0 units per US$ of GDP in 1991 and was at its lowest, 0 units per US$ of GDP, in 2020.
That places Cuba 87th out of 185 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Cuba, year by year
| Year | units per US$ of GDP | Change |
|---|---|---|
| 1991 | 0 units per US$ of GDP | — |
| 1992 | 0 units per US$ of GDP | -2.7% |
| 1993 | 0 units per US$ of GDP | -15.9% |
| 1994 | 0 units per US$ of GDP | -20.8% |
| 1995 | 0 units per US$ of GDP | -4.2% |
| 1996 | 0 units per US$ of GDP | +31.2% |
| 1997 | 0 units per US$ of GDP | +1.4% |
| 1998 | 0 units per US$ of GDP | -1.3% |
| 1999 | 0 units per US$ of GDP | -3.7% |
| 2000 | 0 units per US$ of GDP | -1.7% |
| 2001 | 0 units per US$ of GDP | -0.5% |
| 2002 | 0 units per US$ of GDP | -4.3% |
| 2003 | 0 units per US$ of GDP | -2.9% |
| 2004 | 0 units per US$ of GDP | -0.6% |
| 2005 | 0 units per US$ of GDP | -0.4% |
| 2006 | 0 units per US$ of GDP | -2.1% |
| 2007 | 0 units per US$ of GDP | -3.5% |
| 2008 | 0 units per US$ of GDP | +0.3% |
| 2009 | 0 units per US$ of GDP | -0.6% |
| 2010 | 0 units per US$ of GDP | -1.2% |
| 2011 | 0 units per US$ of GDP | -11.2% |
| 2012 | 0 units per US$ of GDP | -2.8% |
| 2013 | 0 units per US$ of GDP | -2.6% |
| 2014 | 0 units per US$ of GDP | -3.3% |
| 2015 | 0 units per US$ of GDP | -3.3% |
| 2016 | 0 units per US$ of GDP | -4.1% |
| 2017 | 0 units per US$ of GDP | -4.0% |
| 2018 | 0 units per US$ of GDP | -1.0% |
| 2019 | 0 units per US$ of GDP | -3.4% |
| 2020 | 0 units per US$ of GDP | -14.2% |
Cuba compared with similar countries
- Cuba's 0 units per US$ of GDP is below the median for upper middle income countries, which is 0 units per US$ of GDP, 97% of the median. (53 countries reporting)
- Cuba's 0 units per US$ of GDP is above the median for Latin America & Caribbean, which is 0 units per US$ of GDP, 1.1× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 international $ 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 | +31.2% | 0 units per US$ of GDP | 0 units per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 9 |
| 2000s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2010s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 10 |
| 2020s | 0 units per US$ of GDP | 0 units per US$ of GDP | 0 units per US$ of GDP | 1 |
Countries ranked near Cuba
- 84 Armenia 0 units per US$ of GDP compare
- 85 Namibia 0 units per US$ of GDP compare
- 86 Somalia 0 units per US$ of GDP compare
- 88 El Salvador 0 units per US$ of GDP compare
- 89 South Africa 0 units per US$ of GDP compare
- 90 Bosnia and Herzegovina 0 units 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 product, gdp in millions constant 2021 international $ in Cuba?
- Gross domestic product, gdp in millions constant 2021 international $ in Cuba was 0 units per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Cuba?
- The highest recorded value was 0 units per US$ of GDP in 1991.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Cuba?
- The lowest recorded value was 0 units per US$ of GDP in 2020.
- How does Cuba rank for gross domestic product, gdp in millions constant 2021 international $?
- Cuba ranks 87th out of 185 countries with data for 2020.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Cuba?
- Over the last ten years it is down 40.7%. 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 Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) 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 Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) ÷ GDP (current US$)
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
- 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 Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.