Gross national expenditure (constant 2015 US$), per unit of GDP (unit) in Cuba
Cuba: Gross national expenditure (constant 2015 US$), per unit of GDP (unit) was 0.7765 constant 2015 US$ per US$ of GDP in 2020. ▼ Falling
Gross national expenditure (constant 2015 US$), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Cuba recorded 0.7765 constant 2015 US$ per US$ of GDP for gross national expenditure (constant 2015 us$), per unit of gdp in 2020. That is the lowest value across all 51 years on record.
Compared with earlier readings it is down 12.1% on the previous year and down 36.4% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), per unit of gdp in Cuba peaked at 4.63 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.7765 constant 2015 US$ per US$ of GDP, in 2020.
Cuba ranks 108th of 163 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 national expenditure (constant 2015 US$), per unit of GDP (unit) in Cuba, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 4.63 constant 2015 US$ per US$ of GDP | — |
| 1971 | 4.14 constant 2015 US$ per US$ of GDP | -10.6% |
| 1972 | 3.68 constant 2015 US$ per US$ of GDP | -10.9% |
| 1973 | 3.1 constant 2015 US$ per US$ of GDP | -15.8% |
| 1974 | 2.75 constant 2015 US$ per US$ of GDP | -11.6% |
| 1975 | 2.63 constant 2015 US$ per US$ of GDP | -4.1% |
| 1976 | 2.62 constant 2015 US$ per US$ of GDP | -0.4% |
| 1977 | 2.77 constant 2015 US$ per US$ of GDP | +5.5% |
| 1978 | 2.35 constant 2015 US$ per US$ of GDP | -15.1% |
| 1979 | 2.16 constant 2015 US$ per US$ of GDP | -7.8% |
| 1980 | 2.03 constant 2015 US$ per US$ of GDP | -6.3% |
| 1981 | 2.39 constant 2015 US$ per US$ of GDP | +18.0% |
| 1982 | 2.5 constant 2015 US$ per US$ of GDP | +4.7% |
| 1983 | 2.49 constant 2015 US$ per US$ of GDP | -0.5% |
| 1984 | 2.49 constant 2015 US$ per US$ of GDP | +0.0% |
| 1985 | 2.67 constant 2015 US$ per US$ of GDP | +7.1% |
| 1986 | 2.47 constant 2015 US$ per US$ of GDP | -7.3% |
| 1987 | 2.35 constant 2015 US$ per US$ of GDP | -5.1% |
| 1988 | 2.24 constant 2015 US$ per US$ of GDP | -4.6% |
| 1989 | 2.34 constant 2015 US$ per US$ of GDP | +4.3% |
| 1990 | 2.1 constant 2015 US$ per US$ of GDP | -10.0% |
| 1991 | 2.18 constant 2015 US$ per US$ of GDP | +3.6% |
| 1992 | 1.96 constant 2015 US$ per US$ of GDP | -10.0% |
| 1993 | 1.74 constant 2015 US$ per US$ of GDP | -11.3% |
| 1994 | 1.37 constant 2015 US$ per US$ of GDP | -21.3% |
| 1995 | 1.29 constant 2015 US$ per US$ of GDP | -5.6% |
| 1996 | 1.67 constant 2015 US$ per US$ of GDP | +29.2% |
| 1997 | 1.7 constant 2015 US$ per US$ of GDP | +1.5% |
| 1998 | 1.67 constant 2015 US$ per US$ of GDP | -1.2% |
| 1999 | 1.59 constant 2015 US$ per US$ of GDP | -5.0% |
| 2000 | 1.52 constant 2015 US$ per US$ of GDP | -4.4% |
| 2001 | 1.52 constant 2015 US$ per US$ of GDP | -0.2% |
| 2002 | 1.46 constant 2015 US$ per US$ of GDP | -4.1% |
| 2003 | 1.44 constant 2015 US$ per US$ of GDP | -1.4% |
| 2004 | 1.41 constant 2015 US$ per US$ of GDP | -2.0% |
| 2005 | 1.33 constant 2015 US$ per US$ of GDP | -5.4% |
| 2006 | 1.35 constant 2015 US$ per US$ of GDP | +1.2% |
| 2007 | 1.26 constant 2015 US$ per US$ of GDP | -6.2% |
| 2008 | 1.24 constant 2015 US$ per US$ of GDP | -2.0% |
| 2009 | 1.2 constant 2015 US$ per US$ of GDP | -3.0% |
| 2010 | 1.22 constant 2015 US$ per US$ of GDP | +1.6% |
| 2011 | 1.07 constant 2015 US$ per US$ of GDP | -12.6% |
| 2012 | 1.03 constant 2015 US$ per US$ of GDP | -3.4% |
| 2013 | 1.01 constant 2015 US$ per US$ of GDP | -1.6% |
| 2014 | 0.9894 constant 2015 US$ per US$ of GDP | -2.3% |
| 2015 | 0.9732 constant 2015 US$ per US$ of GDP | -1.6% |
| 2016 | 0.9589 constant 2015 US$ per US$ of GDP | -1.5% |
| 2017 | 0.9196 constant 2015 US$ per US$ of GDP | -4.1% |
| 2018 | 0.9103 constant 2015 US$ per US$ of GDP | -1.0% |
| 2019 | 0.8835 constant 2015 US$ per US$ of GDP | -2.9% |
| 2020 | 0.7765 constant 2015 US$ per US$ of GDP | -12.1% |
Cuba compared with similar countries
- Cuba's 0.7765 constant 2015 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.8742 constant 2015 US$ per US$ of GDP, 89% of the median. (45 countries reporting)
- Cuba's 0.7765 constant 2015 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.8505 constant 2015 US$ per US$ of GDP, 91% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure (constant 2015 US$), per unit of GDP (unit) in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +29.2% | 1.29 constant 2015 US$ per US$ of GDP | 1.67 constant 2015 US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.08 constant 2015 US$ per US$ of GDP | 2.16 constant 2015 US$ per US$ of GDP | 4.63 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 2.4 constant 2015 US$ per US$ of GDP | 2.03 constant 2015 US$ per US$ of GDP | 2.67 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 1.73 constant 2015 US$ per US$ of GDP | 1.29 constant 2015 US$ per US$ of GDP | 2.18 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.37 constant 2015 US$ per US$ of GDP | 1.2 constant 2015 US$ per US$ of GDP | 1.52 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.9965 constant 2015 US$ per US$ of GDP | 0.8835 constant 2015 US$ per US$ of GDP | 1.22 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.7765 constant 2015 US$ per US$ of GDP | 0.7765 constant 2015 US$ per US$ of GDP | 0.7765 constant 2015 US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 105 Bahrain 0.7866 constant 2015 US$ per US$ of GDP compare
- 106 Equatorial Guinea 0.7793 constant 2015 US$ per US$ of GDP compare
- 107 Burkina Faso 0.7768 constant 2015 US$ per US$ of GDP compare
- 109 Chad 0.772 constant 2015 US$ per US$ of GDP compare
- 110 North Macedonia 0.7716 constant 2015 US$ per US$ of GDP compare
- 111 Oman 0.7714 constant 2015 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 national expenditure (constant 2015 us$), per unit of gdp in Cuba?
- Gross national expenditure (constant 2015 us$), per unit of gdp in Cuba was 0.7765 constant 2015 US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Cuba?
- The highest recorded value was 4.63 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.7765 constant 2015 US$ per US$ of GDP in 2020.
- How does Cuba rank for gross national expenditure (constant 2015 us$), per unit of gdp?
- Cuba ranks 108th out of 163 countries with data for 2020.
- Is gross national expenditure (constant 2015 us$), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 36.4%. 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 national expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.