Gross Domestic Product — Value Standard Local Currency, 2015 prices in Cuba
Cuba: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0077 million SLC per person in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Cuba, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Cuba is 0.0077 million SLC per person, measured in 2024.
That represents a change of up 3.0% on the previous year and up 3.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Cuba peaked at 0.0081 million SLC per person in 2019 and was at its lowest, 0.0026 million SLC per person, in 1970.
That places Cuba 177th out of 194 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Cuba, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0026 million SLC per person | — |
| 1971 | 0.0028 million SLC per person | +6.7% |
| 1972 | 0.0029 million SLC per person | +3.2% |
| 1973 | 0.0029 million SLC per person | +2.0% |
| 1974 | 0.0029 million SLC per person | -0.3% |
| 1975 | 0.0032 million SLC per person | +8.3% |
| 1976 | 0.0033 million SLC per person | +4.4% |
| 1977 | 0.0036 million SLC per person | +7.8% |
| 1978 | 0.0038 million SLC per person | +5.9% |
| 1979 | 0.0038 million SLC per person | +0.6% |
| 1980 | 0.0036 million SLC per person | -5.3% |
| 1981 | 0.0043 million SLC per person | +19.1% |
| 1982 | 0.0047 million SLC per person | +8.2% |
| 1983 | 0.0049 million SLC per person | +4.6% |
| 1984 | 0.0052 million SLC per person | +7.0% |
| 1985 | 0.0052 million SLC per person | +0.8% |
| 1986 | 0.0052 million SLC per person | -0.8% |
| 1987 | 0.005 million SLC per person | -3.3% |
| 1988 | 0.0052 million SLC per person | +2.7% |
| 1989 | 0.0052 million SLC per person | -0.3% |
| 1990 | 0.005 million SLC per person | -3.8% |
| 1991 | 0.0044 million SLC per person | -11.4% |
| 1992 | 0.0039 million SLC per person | -12.1% |
| 1993 | 0.0033 million SLC per person | -15.3% |
| 1994 | 0.0033 million SLC per person | +0.3% |
| 1995 | 0.0033 million SLC per person | +2.1% |
| 1996 | 0.0036 million SLC per person | +7.5% |
| 1997 | 0.0037 million SLC per person | +2.4% |
| 1998 | 0.0037 million SLC per person | -0.2% |
| 1999 | 0.0039 million SLC per person | +5.8% |
| 2000 | 0.0041 million SLC per person | +5.6% |
| 2001 | 0.0042 million SLC per person | +2.9% |
| 2002 | 0.0043 million SLC per person | +1.1% |
| 2003 | 0.0044 million SLC per person | +3.5% |
| 2004 | 0.0047 million SLC per person | +5.5% |
| 2005 | 0.0052 million SLC per person | +11.0% |
| 2006 | 0.0058 million SLC per person | +11.9% |
| 2007 | 0.0062 million SLC per person | +7.2% |
| 2008 | 0.0065 million SLC per person | +4.1% |
| 2009 | 0.0066 million SLC per person | +1.4% |
| 2010 | 0.0067 million SLC per person | +2.4% |
| 2011 | 0.0069 million SLC per person | +2.8% |
| 2012 | 0.0071 million SLC per person | +3.0% |
| 2013 | 0.0073 million SLC per person | +2.8% |
| 2014 | 0.0074 million SLC per person | +1.2% |
| 2015 | 0.0077 million SLC per person | +4.5% |
| 2016 | 0.0078 million SLC per person | +0.6% |
| 2017 | 0.0079 million SLC per person | +2.0% |
| 2018 | 0.0081 million SLC per person | +2.4% |
| 2019 | 0.0081 million SLC per person | +0.1% |
| 2020 | 0.0073 million SLC per person | -10.7% |
| 2021 | 0.0074 million SLC per person | +1.7% |
| 2022 | 0.0076 million SLC per person | +2.3% |
| 2023 | 0.0074 million SLC per person | -1.6% |
| 2024 | 0.0077 million SLC per person | +3.0% |
Cuba compared with similar countries
- Cuba's 0.0077 million SLC per person is below the median for upper middle income countries, which is 0.0458 million SLC per person, 17% of the median. (54 countries reporting)
- Cuba's 0.0077 million SLC per person is below the median for Latin America & Caribbean, which is 0.0461 million SLC per person, 17% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0032 million SLC per person | 0.0026 million SLC per person | 0.0038 million SLC per person | 10 |
| 1980s | 0.0048 million SLC per person | 0.0036 million SLC per person | 0.0052 million SLC per person | 10 |
| 1990s | 0.0038 million SLC per person | 0.0033 million SLC per person | 0.005 million SLC per person | 10 |
| 2000s | 0.0052 million SLC per person | 0.0041 million SLC per person | 0.0066 million SLC per person | 10 |
| 2010s | 0.0075 million SLC per person | 0.0067 million SLC per person | 0.0081 million SLC per person | 10 |
| 2020s | 0.0075 million SLC per person | 0.0073 million SLC per person | 0.0077 million SLC per person | 5 |
Countries ranked near Cuba
- 174 Sudan 0.0081 million SLC per person compare
- 175 Ghana 0.008 million SLC per person compare
- 176 Montenegro 0.0077 million SLC per person compare
- 178 Libya 0.007 million SLC per person compare
- 179 Kuwait 0.007 million SLC per person compare
- 180 Papua New Guinea 0.007 million SLC per person 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 — value standard local currency, 2015 prices in Cuba?
- Gross domestic product — value standard local currency, 2015 prices in Cuba was 0.0077 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Cuba?
- The highest recorded value was 0.0081 million SLC per person in 2019.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Cuba?
- The lowest recorded value was 0.0026 million SLC per person in 1970.
- How does Cuba rank for gross domestic product — value standard local currency, 2015 prices?
- Cuba ranks 177th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Cuba?
- Over the last ten years it is up 3.6%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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 — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.