Gross Domestic Product, GDP in millions constant 2021 international $ in Cuba
Cuba: Gross Domestic Product, GDP in millions constant 2021 international $ was 232,740 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Cuba, 1991–2027
Source: International Labour Organization.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in Cuba stood at 232,740.
Compared with earlier readings it is up 1.1% on the previous year and down 7.1% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Cuba peaked at 256,168 in 2018 and was at its lowest, 99,625, in 1993.
Cuba ranks 77th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Cuba, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 132,367 | — |
| 1992 | 117,038 | -11.6% |
| 1993 | 99,625 | -14.9% |
| 1994 | 100,339 | +0.7% |
| 1995 | 102,805 | +2.5% |
| 1996 | 110,864 | +7.8% |
| 1997 | 113,949 | +2.8% |
| 1998 | 114,131 | +0.2% |
| 1999 | 121,194 | +6.2% |
| 2000 | 128,362 | +5.9% |
| 2001 | 132,451 | +3.2% |
| 2002 | 134,338 | +1.4% |
| 2003 | 139,433 | +3.8% |
| 2004 | 147,479 | +5.8% |
| 2005 | 163,999 | +11.2% |
| 2006 | 183,787 | +12.1% |
| 2007 | 197,134 | +7.3% |
| 2008 | 205,250 | +4.1% |
| 2009 | 208,228 | +1.5% |
| 2010 | 213,206 | +2.4% |
| 2011 | 219,180 | +2.8% |
| 2012 | 225,789 | +3.0% |
| 2013 | 231,992 | +2.7% |
| 2014 | 234,423 | +1.0% |
| 2015 | 244,827 | +4.4% |
| 2016 | 246,083 | +0.5% |
| 2017 | 250,536 | +1.8% |
| 2018 | 256,168 | +2.2% |
| 2019 | 255,750 | -0.2% |
| 2020 | 227,748 | -10.9% |
| 2021 | 230,603 | +1.3% |
| 2022 | 234,697 | +1.8% |
| 2023 | 230,168 | -1.9% |
| 2024 | 227,672 | -1.1% |
| 2025 | 228,549 | +0.4% |
| 2026 | 230,303 | +0.8% |
| 2027 | 232,740 | +1.1% |
Cuba compared with similar countries
- Cuba's 232,740 is above the median for upper middle income countries, which is 133,081, 1.7× the median. (53 countries reporting)
- Cuba's 232,740 is above the median for Latin America & Caribbean, which is 125,506, 1.9× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 112,479 | 99,625 | 132,367 | 9 |
| 2000s | 164,046 | 128,362 | 208,228 | 10 |
| 2010s | 237,795 | 213,206 | 256,168 | 10 |
| 2020s | 230,310 | 227,672 | 234,697 | 8 |
Countries ranked near Cuba
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 232,740 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Cuba?
- The highest recorded value was 256,168 in 2018.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Cuba?
- The lowest recorded value was 99,625 in 1993.
- How does Cuba rank for gross domestic product, gdp in millions constant 2021 international $?
- Cuba ranks 77th out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Cuba?
- Over the last ten years it is down 7.1%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.