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
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, US dollar, per capita 0 units per person (2016)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, SDR, per capita 0 units per person (2016)
- IMF holdings of currency, US dollar, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, US dollar, per capita 0 units per person (2016)
- IMF holdings of currency, SDR, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, SDR, per capita 0 units per person (2016)
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
CSV · JSON — 37 observations, free to reuse under ILO Terms of Use (attribution required).
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.