Gross Domestic Product — Value Standard Local Currency, 2015 prices in Cuba
Cuba: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0 million SLC per US$ of GDP in 2020. ▼ Falling
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Cuba, 1970–2020
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
In 2020, gross domestic product — value standard local currency, 2015 prices in Cuba stood at 0 million SLC per US$ of GDP. That is the lowest value across all 51 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 — value standard local currency, 2015 prices in Cuba peaked at 0 million SLC per US$ of GDP in 1970 and was at its lowest, 0 million SLC per US$ of GDP, in 2020.
Cuba ranks 165th of 193 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 51 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Cuba, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million SLC per US$ of GDP | — |
| 1971 | 0 million SLC per US$ of GDP | -10.6% |
| 1972 | 0 million SLC per US$ of GDP | -10.9% |
| 1973 | 0 million SLC per US$ of GDP | -15.8% |
| 1974 | 0 million SLC per US$ of GDP | -11.6% |
| 1975 | 0 million SLC per US$ of GDP | -4.1% |
| 1976 | 0 million SLC per US$ of GDP | -0.4% |
| 1977 | 0 million SLC per US$ of GDP | +5.5% |
| 1978 | 0 million SLC per US$ of GDP | -15.1% |
| 1979 | 0 million SLC per US$ of GDP | -7.9% |
| 1980 | 0 million SLC per US$ of GDP | -6.4% |
| 1981 | 0 million SLC per US$ of GDP | +18.3% |
| 1982 | 0 million SLC per US$ of GDP | +4.7% |
| 1983 | 0 million SLC per US$ of GDP | -0.5% |
| 1984 | 0 million SLC per US$ of GDP | -0.3% |
| 1985 | 0 million SLC per US$ of GDP | +6.6% |
| 1986 | 0 million SLC per US$ of GDP | -5.3% |
| 1987 | 0 million SLC per US$ of GDP | -6.2% |
| 1988 | 0 million SLC per US$ of GDP | -4.8% |
| 1989 | 0 million SLC per US$ of GDP | +2.3% |
| 1990 | 0 million SLC per US$ of GDP | -8.4% |
| 1991 | 0 million SLC per US$ of GDP | +5.2% |
| 1992 | 0 million SLC per US$ of GDP | -2.6% |
| 1993 | 0 million SLC per US$ of GDP | -15.9% |
| 1994 | 0 million SLC per US$ of GDP | -20.8% |
| 1995 | 0 million SLC per US$ of GDP | -4.2% |
| 1996 | 0 million SLC per US$ of GDP | +31.2% |
| 1997 | 0 million SLC per US$ of GDP | +1.4% |
| 1998 | 0 million SLC per US$ of GDP | -1.3% |
| 1999 | 0 million SLC per US$ of GDP | -3.6% |
| 2000 | 0 million SLC per US$ of GDP | -1.7% |
| 2001 | 0 million SLC per US$ of GDP | -0.5% |
| 2002 | 0 million SLC per US$ of GDP | -4.3% |
| 2003 | 0 million SLC per US$ of GDP | -2.9% |
| 2004 | 0 million SLC per US$ of GDP | -0.6% |
| 2005 | 0 million SLC per US$ of GDP | -0.4% |
| 2006 | 0 million SLC per US$ of GDP | -2.1% |
| 2007 | 0 million SLC per US$ of GDP | -3.5% |
| 2008 | 0 million SLC per US$ of GDP | +0.3% |
| 2009 | 0 million SLC per US$ of GDP | -0.6% |
| 2010 | 0 million SLC per US$ of GDP | -1.2% |
| 2011 | 0 million SLC per US$ of GDP | -11.2% |
| 2012 | 0 million SLC per US$ of GDP | -2.8% |
| 2013 | 0 million SLC per US$ of GDP | -2.6% |
| 2014 | 0 million SLC per US$ of GDP | -3.3% |
| 2015 | 0 million SLC per US$ of GDP | -3.3% |
| 2016 | 0 million SLC per US$ of GDP | -4.1% |
| 2017 | 0 million SLC per US$ of GDP | -4.0% |
| 2018 | 0 million SLC per US$ of GDP | -1.0% |
| 2019 | 0 million SLC per US$ of GDP | -3.4% |
| 2020 | 0 million SLC per US$ of GDP | -14.2% |
Cuba compared with similar countries
- Cuba's 0 million SLC per US$ of GDP is below the median for upper middle income countries, which is 0 million SLC per US$ of GDP, 10% of the median. (54 countries reporting)
- Cuba's 0 million SLC per US$ of GDP is below the median for Latin America & Caribbean, which is 0 million SLC per US$ of GDP, 31% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1980s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1990s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2000s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2010s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 2020s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 1 |
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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Cuba?
- Gross domestic product — value standard local currency, 2015 prices in Cuba was 0 million SLC per US$ of GDP in 2020, 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 million SLC per US$ of GDP in 1970.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Cuba?
- The lowest recorded value was 0 million SLC per US$ of GDP in 2020.
- How does Cuba rank for gross domestic product — value standard local currency, 2015 prices?
- Cuba ranks 165th out of 193 countries with data for 2020.
- Is gross domestic product — value standard local currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices, 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 Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.