Gross national expenditure (constant 2015 US$) in Cuba
Cuba: Gross national expenditure (constant 2015 US$) was 83.46 billion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
83.46 billion constant 2015 US$
Change on year
down 1.5%
World rank
64th
of 163 countries
All-time high
91.38 billion constant 2015 US$
in 2019
All-time low
26.34 billion constant 2015 US$
in 1970
Years of data
55
1970–2024
Gross national expenditure in Cuba, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross national expenditure in Cuba is 83.46 billion constant 2015 US$, measured in 2024.
The figure is down 1.5% on the previous year and up 4.6% over ten years.
Over the whole period, gross national expenditure in Cuba peaked at 91.38 billion constant 2015 US$ in 2019 and was at its lowest, 26.34 billion constant 2015 US$, in 1970.
Cuba ranks 64th of 163 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross national expenditure (constant 2015 US$) in Cuba, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 26.34 billion constant 2015 US$ | — |
| 1971 | 28.60 billion constant 2015 US$ | +8.6% |
| 1972 | 29.98 billion constant 2015 US$ | +4.8% |
| 1973 | 31.01 billion constant 2015 US$ | +3.4% |
| 1974 | 31.31 billion constant 2015 US$ | +1.0% |
| 1975 | 34.29 billion constant 2015 US$ | +9.5% |
| 1976 | 36.14 billion constant 2015 US$ | +5.4% |
| 1977 | 39.28 billion constant 2015 US$ | +8.7% |
| 1978 | 41.87 billion constant 2015 US$ | +6.6% |
| 1979 | 42.34 billion constant 2015 US$ | +1.1% |
| 1980 | 40.34 billion constant 2015 US$ | -4.7% |
| 1981 | 48.16 billion constant 2015 US$ | +19.4% |
| 1982 | 52.45 billion constant 2015 US$ | +8.9% |
| 1983 | 55.30 billion constant 2015 US$ | +5.4% |
| 1984 | 59.90 billion constant 2015 US$ | +8.3% |
| 1985 | 61.18 billion constant 2015 US$ | +2.1% |
| 1986 | 59.92 billion constant 2015 US$ | -2.1% |
| 1987 | 59.21 billion constant 2015 US$ | -1.2% |
| 1988 | 61.51 billion constant 2015 US$ | +3.9% |
| 1989 | 63.14 billion constant 2015 US$ | +2.6% |
| 1990 | 60.26 billion constant 2015 US$ | -4.6% |
| 1991 | 52.98 billion constant 2015 US$ | -12.1% |
| 1992 | 43.33 billion constant 2015 US$ | -18.2% |
| 1993 | 38.92 billion constant 2015 US$ | -10.2% |
| 1994 | 38.97 billion constant 2015 US$ | +0.1% |
| 1995 | 39.36 billion constant 2015 US$ | +1.0% |
| 1996 | 41.81 billion constant 2015 US$ | +6.2% |
| 1997 | 43.01 billion constant 2015 US$ | +2.9% |
| 1998 | 43.11 billion constant 2015 US$ | +0.2% |
| 1999 | 45.15 billion constant 2015 US$ | +4.7% |
| 2000 | 46.53 billion constant 2015 US$ | +3.1% |
| 2001 | 48.12 billion constant 2015 US$ | +3.4% |
| 2002 | 48.91 billion constant 2015 US$ | +1.6% |
| 2003 | 51.54 billion constant 2015 US$ | +5.4% |
| 2004 | 53.76 billion constant 2015 US$ | +4.3% |
| 2005 | 56.76 billion constant 2015 US$ | +5.6% |
| 2006 | 65.78 billion constant 2015 US$ | +15.9% |
| 2007 | 68.56 billion constant 2015 US$ | +4.2% |
| 2008 | 69.73 billion constant 2015 US$ | +1.7% |
| 2009 | 69.04 billion constant 2015 US$ | -1.0% |
| 2010 | 72.70 billion constant 2015 US$ | +5.3% |
| 2011 | 73.56 billion constant 2015 US$ | +1.2% |
| 2012 | 75.34 billion constant 2015 US$ | +2.4% |
| 2013 | 78.16 billion constant 2015 US$ | +3.8% |
| 2014 | 79.80 billion constant 2015 US$ | +2.1% |
| 2015 | 84.80 billion constant 2015 US$ | +6.3% |
| 2016 | 87.61 billion constant 2015 US$ | +3.3% |
| 2017 | 89.06 billion constant 2015 US$ | +1.7% |
| 2018 | 91.07 billion constant 2015 US$ | +2.3% |
| 2019 | 91.38 billion constant 2015 US$ | +0.3% |
| 2020 | 83.36 billion constant 2015 US$ | -8.8% |
| 2021 | 85.13 billion constant 2015 US$ | +2.1% |
| 2022 | 86.07 billion constant 2015 US$ | +1.1% |
| 2023 | 84.75 billion constant 2015 US$ | -1.5% |
| 2024 | 83.46 billion constant 2015 US$ | -1.5% |
Cuba compared with similar countries
- Cuba's 83.46 billion constant 2015 US$ is above the median for upper middle income countries, which is 63.48 billion constant 2015 US$, 1.3× the median. (45 countries reporting)
- Cuba's 83.46 billion constant 2015 US$ is above the median for Latin America & Caribbean, which is 75.05 billion constant 2015 US$, 1.1× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 34.12 billion constant 2015 US$ | 26.34 billion constant 2015 US$ | 42.34 billion constant 2015 US$ | 10 |
| 1980s | 56.11 billion constant 2015 US$ | 40.34 billion constant 2015 US$ | 63.14 billion constant 2015 US$ | 10 |
| 1990s | 44.69 billion constant 2015 US$ | 38.92 billion constant 2015 US$ | 60.26 billion constant 2015 US$ | 10 |
| 2000s | 57.87 billion constant 2015 US$ | 46.53 billion constant 2015 US$ | 69.73 billion constant 2015 US$ | 10 |
| 2010s | 82.35 billion constant 2015 US$ | 72.70 billion constant 2015 US$ | 91.38 billion constant 2015 US$ | 10 |
| 2020s | 84.55 billion constant 2015 US$ | 83.36 billion constant 2015 US$ | 86.07 billion constant 2015 US$ | 5 |
Countries ranked near Cuba
- 61 Guatemala 103.88 billion constant 2015 US$ compare
- 62 Slovakia 101.50 billion constant 2015 US$ compare
- 63 Sri Lanka 98.97 billion constant 2015 US$ compare
- 65 Tanzania 83.23 billion constant 2015 US$ compare
- 66 Oman 82.64 billion constant 2015 US$ compare
- 67 Cote d'Ivoire 81.28 billion constant 2015 US$ 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 in Cuba?
- Gross national expenditure in Cuba was 83.46 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Cuba?
- The highest recorded value was 91.38 billion constant 2015 US$ in 2019.
- What is the lowest gross national expenditure recorded in Cuba?
- The lowest recorded value was 26.34 billion constant 2015 US$ in 1970.
- How does Cuba rank for gross national expenditure?
- Cuba ranks 64th out of 163 countries with data for 2024.
- Is gross national expenditure rising or falling in Cuba?
- Over the last ten years it is up 4.6%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.