Gross domestic savings (current US$), per unit of GDP (unit GDP US) in Cuba
Cuba: Gross domestic savings (current US$), per unit of GDP (unit GDP US) was 0.1053 current US$ per US$ of GDP in 2020. ▼ Falling
Gross domestic savings (current US$), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross domestic savings (current us$), per unit of gdp in Cuba is 0.1053 current US$ per US$ of GDP, measured in 2020.
That represents a change of down 19.6% on the previous year and down 29.4% over ten years.
Over the whole period, gross domestic savings (current us$), per unit of gdp in Cuba peaked at 0.173 current US$ per US$ of GDP in 1985 and was at its lowest, 0.0268 current US$ per US$ of GDP, in 1993.
Cuba ranks 139th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Gross domestic savings (current US$), per unit of GDP (unit GDP US) in Cuba, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.1374 current US$ per US$ of GDP | — |
| 1971 | 0.1375 current US$ per US$ of GDP | +0.1% |
| 1972 | 0.1374 current US$ per US$ of GDP | -0.0% |
| 1973 | 0.1373 current US$ per US$ of GDP | -0.1% |
| 1974 | 0.137 current US$ per US$ of GDP | -0.2% |
| 1975 | 0.1378 current US$ per US$ of GDP | +0.6% |
| 1976 | 0.1379 current US$ per US$ of GDP | +0.1% |
| 1977 | 0.1372 current US$ per US$ of GDP | -0.5% |
| 1978 | 0.1365 current US$ per US$ of GDP | -0.6% |
| 1979 | 0.1354 current US$ per US$ of GDP | -0.8% |
| 1980 | 0.1417 current US$ per US$ of GDP | +4.6% |
| 1981 | 0.1386 current US$ per US$ of GDP | -2.2% |
| 1982 | 0.134 current US$ per US$ of GDP | -3.4% |
| 1983 | 0.1326 current US$ per US$ of GDP | -1.0% |
| 1984 | 0.1303 current US$ per US$ of GDP | -1.8% |
| 1985 | 0.173 current US$ per US$ of GDP | +32.8% |
| 1986 | 0.1232 current US$ per US$ of GDP | -28.8% |
| 1987 | 0.1106 current US$ per US$ of GDP | -10.2% |
| 1988 | 0.126 current US$ per US$ of GDP | +13.9% |
| 1989 | 0.1186 current US$ per US$ of GDP | -5.8% |
| 1990 | 0.151 current US$ per US$ of GDP | +27.2% |
| 1991 | 0.0729 current US$ per US$ of GDP | -51.7% |
| 1992 | 0.0415 current US$ per US$ of GDP | -43.1% |
| 1993 | 0.0268 current US$ per US$ of GDP | -35.5% |
| 1994 | 0.0478 current US$ per US$ of GDP | +78.4% |
| 1995 | 0.051 current US$ per US$ of GDP | +6.7% |
| 1996 | 0.139 current US$ per US$ of GDP | +172.7% |
| 1997 | 0.1205 current US$ per US$ of GDP | -13.3% |
| 1998 | 0.092 current US$ per US$ of GDP | -23.6% |
| 1999 | 0.0906 current US$ per US$ of GDP | -1.5% |
| 2000 | 0.0969 current US$ per US$ of GDP | +6.9% |
| 2001 | 0.0857 current US$ per US$ of GDP | -11.5% |
| 2002 | 0.0752 current US$ per US$ of GDP | -12.3% |
| 2003 | 0.0782 current US$ per US$ of GDP | +4.0% |
| 2004 | 0.0953 current US$ per US$ of GDP | +21.9% |
| 2005 | 0.1345 current US$ per US$ of GDP | +41.1% |
| 2006 | 0.1197 current US$ per US$ of GDP | -11.0% |
| 2007 | 0.1289 current US$ per US$ of GDP | +7.7% |
| 2008 | 0.1106 current US$ per US$ of GDP | -14.2% |
| 2009 | 0.1294 current US$ per US$ of GDP | +17.0% |
| 2010 | 0.1492 current US$ per US$ of GDP | +15.3% |
| 2011 | 0.1172 current US$ per US$ of GDP | -21.5% |
| 2012 | 0.1373 current US$ per US$ of GDP | +17.2% |
| 2013 | 0.1327 current US$ per US$ of GDP | -3.4% |
| 2014 | 0.1251 current US$ per US$ of GDP | -5.8% |
| 2015 | 0.1207 current US$ per US$ of GDP | -3.5% |
| 2016 | 0.1226 current US$ per US$ of GDP | +1.5% |
| 2017 | 0.1318 current US$ per US$ of GDP | +7.5% |
| 2018 | 0.14 current US$ per US$ of GDP | +6.2% |
| 2019 | 0.131 current US$ per US$ of GDP | -6.4% |
| 2020 | 0.1053 current US$ per US$ of GDP | -19.6% |
Cuba compared with similar countries
- Cuba's 0.1053 current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.1889 current US$ per US$ of GDP, 56% of the median. (52 countries reporting)
- Cuba's 0.1053 current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.1626 current US$ per US$ of GDP, 65% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (current US$), per unit of GDP (unit GDP US) in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +172.7% | 0.051 current US$ per US$ of GDP | 0.139 current US$ per US$ of GDP |
| 1994 | +78.4% | 0.0268 current US$ per US$ of GDP | 0.0478 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1371 current US$ per US$ of GDP | 0.1354 current US$ per US$ of GDP | 0.1379 current US$ per US$ of GDP | 10 |
| 1980s | 0.1329 current US$ per US$ of GDP | 0.1106 current US$ per US$ of GDP | 0.173 current US$ per US$ of GDP | 10 |
| 1990s | 0.0833 current US$ per US$ of GDP | 0.0268 current US$ per US$ of GDP | 0.151 current US$ per US$ of GDP | 10 |
| 2000s | 0.1054 current US$ per US$ of GDP | 0.0752 current US$ per US$ of GDP | 0.1345 current US$ per US$ of GDP | 10 |
| 2010s | 0.1307 current US$ per US$ of GDP | 0.1172 current US$ per US$ of GDP | 0.1492 current US$ per US$ of GDP | 10 |
| 2020s | 0.1053 current US$ per US$ of GDP | 0.1053 current US$ per US$ of GDP | 0.1053 current US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 136 Colombia 0.1132 current US$ per US$ of GDP compare
- 137 Venezuela 0.1072 current US$ per US$ of GDP compare
- 138 Fiji 0.1072 current US$ per US$ of GDP compare
- 140 Bosnia and Herzegovina 0.1033 current US$ per US$ of GDP compare
- 141 New Caledonia 0.1003 current US$ per US$ of GDP compare
- 142 Mozambique 0.0988 current US$ per US$ of GDP compare
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 savings (current us$), per unit of gdp in Cuba?
- Gross domestic savings (current us$), per unit of gdp in Cuba was 0.1053 current US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross domestic savings (current us$), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.173 current US$ per US$ of GDP in 1985.
- What is the lowest gross domestic savings (current us$), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.0268 current US$ per US$ of GDP in 1993.
- How does Cuba rank for gross domestic savings (current us$), per unit of gdp?
- Cuba ranks 139th out of 187 countries with data for 2020.
- Is gross domestic savings (current us$), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 29.4%. 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 savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic savings (current US$) ÷ GDP (current US$)
Computed from
- Gross domestic savings Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross domestic savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.