Gross domestic savings (current US$), annual growth rate in Cuba
Cuba: Gross domestic savings (current US$), annual growth rate was -16.59 % change on previous year in 2020. ◆ Volatile
Gross domestic savings (current US$), annual growth rate in Cuba, 1971–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic savings (current us$), annual growth rate in Cuba is -16.59 % change on previous year, measured in 2020.
Compared with earlier readings it is down 413.7% on the previous year and down 185.2% over ten years.
Over the whole period, gross domestic savings (current us$), annual growth rate in Cuba peaked at 126.93 % change on previous year in 1994 and was at its lowest, -58.99 % change on previous year, in 1991.
Cuba ranks 160th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current US$), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.54 % change on previous year | — |
| 1972 | 17.62 % change on previous year | -18.2% |
| 1973 | 22.63 % change on previous year | +28.4% |
| 1974 | 13.95 % change on previous year | -38.4% |
| 1975 | 14.87 % change on previous year | +6.7% |
| 1976 | 5.96 % change on previous year | -59.9% |
| 1977 | 2.53 % change on previous year | -57.6% |
| 1978 | 24.91 % change on previous year | +884.5% |
| 1979 | 8.92 % change on previous year | -64.2% |
| 1980 | 6.38 % change on previous year | -28.5% |
| 1981 | -1.01 % change on previous year | -115.8% |
| 1982 | 0.4847 % change on previous year | -148.2% |
| 1983 | 4.92 % change on previous year | +914.7% |
| 1984 | 6.36 % change on previous year | +29.3% |
| 1985 | 26.6 % change on previous year | +318.3% |
| 1986 | -24.71 % change on previous year | -192.9% |
| 1987 | -6.58 % change on previous year | -73.4% |
| 1988 | 24.01 % change on previous year | -464.7% |
| 1989 | -7.3 % change on previous year | -130.4% |
| 1990 | 34.88 % change on previous year | -577.6% |
| 1991 | -58.99 % change on previous year | -269.1% |
| 1992 | -48.35 % change on previous year | -18.0% |
| 1993 | -34.65 % change on previous year | -28.3% |
| 1994 | 126.93 % change on previous year | -466.3% |
| 1995 | 14.16 % change on previous year | -88.8% |
| 1996 | 124.21 % change on previous year | +776.9% |
| 1997 | -12.12 % change on previous year | -109.8% |
| 1998 | -22.49 % change on previous year | +85.5% |
| 1999 | 8.53 % change on previous year | -137.9% |
| 2000 | 15.19 % change on previous year | +78.0% |
| 2001 | -8.26 % change on previous year | -154.4% |
| 2002 | -6.99 % change on previous year | -15.4% |
| 2003 | 11.13 % change on previous year | -259.2% |
| 2004 | 29.71 % change on previous year | +166.8% |
| 2005 | 57.49 % change on previous year | +93.5% |
| 2006 | 1.9 % change on previous year | -96.7% |
| 2007 | 19.67 % change on previous year | +936.2% |
| 2008 | -10.94 % change on previous year | -155.6% |
| 2009 | 19.45 % change on previous year | -277.8% |
| 2010 | 19.46 % change on previous year | +0.1% |
| 2011 | -9.05 % change on previous year | -146.5% |
| 2012 | 24.23 % change on previous year | -367.9% |
| 2013 | 1.94 % change on previous year | -92.0% |
| 2014 | -1.48 % change on previous year | -176.4% |
| 2015 | 4.27 % change on previous year | -387.7% |
| 2016 | 6.48 % change on previous year | +51.8% |
| 2017 | 13.96 % change on previous year | +115.5% |
| 2018 | 9.72 % change on previous year | -30.4% |
| 2019 | -3.23 % change on previous year | -133.2% |
| 2020 | -16.59 % change on previous year | +413.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.77 % change on previous year | 2.53 % change on previous year | 24.91 % change on previous year | 9 |
| 1980s | 2.92 % change on previous year | -24.71 % change on previous year | 26.6 % change on previous year | 10 |
| 1990s | 13.21 % change on previous year | -58.99 % change on previous year | 126.93 % change on previous year | 10 |
| 2000s | 12.83 % change on previous year | -10.94 % change on previous year | 57.49 % change on previous year | 10 |
| 2010s | 6.63 % change on previous year | -9.05 % change on previous year | 24.23 % change on previous year | 10 |
| 2020s | -16.59 % change on previous year | -16.59 % change on previous year | -16.59 % change on previous year | 1 |
Countries ranked near Cuba
- 157 Eswatini -12.87 % change on previous year compare
- 158 Azerbaijan -14.06 % change on previous year compare
- 159 Kuwait -14.56 % change on previous year compare
- 161 Iraq -19.2 % change on previous year compare
- 162 Yemen -21.14 % change on previous year compare
- 163 Ethiopia -21.69 % change on previous year compare
More economy & growth data for Cuba
- Services, value added (constant LCU), per capita 3,714 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 32.22 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.6 % change on previous year (2020)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9929 current US$ per US$ of GDP (2020)
- Gross value added at basic prices (GVA) (current US$), per capita 9,537 current US$ per person (2020)
- Gross value added at basic prices (GVA) (current LCU), annual growth 29.99 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9929 current LCU per US$ of GDP (2020)
- Gross value added at basic prices (GVA) (current LCU), per capita 97,292 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -1.01 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7499 constant 2015 US$ per US$ of GDP (2020)
Frequently asked questions
- What is gross domestic savings (current us$), annual growth rate in Cuba?
- Gross domestic savings (current us$), annual growth rate in Cuba was -16.59 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest gross domestic savings (current us$), annual growth rate recorded in Cuba?
- The highest recorded value was 126.93 % change on previous year in 1994.
- What is the lowest gross domestic savings (current us$), annual growth rate recorded in Cuba?
- The lowest recorded value was -58.99 % change on previous year in 1991.
- How does Cuba rank for gross domestic savings (current us$), annual growth rate?
- Cuba ranks 160th out of 185 countries with data for 2020.
- Is gross domestic savings (current us$), annual growth rate rising or falling in Cuba?
- Over the last ten years it is down 185.2%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic savings (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross domestic savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic savings 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
The year-on-year percentage change in Gross domestic savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.