Gross national expenditure (constant LCU), per unit of GDP in Cuba
Cuba: Gross national expenditure (constant LCU), per unit of GDP was 0.4753 constant LCU per US$ of GDP in 2020. ▼ Falling
Gross national expenditure (constant LCU), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross national expenditure (constant lcu), per unit of gdp in Cuba is 0.4753 constant LCU per US$ of GDP, measured in 2020. That is the lowest value across all 51 years on record.
That represents a change of down 11.9% on the previous year and down 35.5% over ten years.
Over the whole period, gross national expenditure (constant lcu), per unit of gdp in Cuba peaked at 2.96 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.4753 constant LCU per US$ of GDP, in 2020.
Cuba ranks 161st of 169 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 51 years of available data.
Gross national expenditure (constant LCU), per unit of GDP in Cuba, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 2.96 constant LCU per US$ of GDP | — |
| 1971 | 2.64 constant LCU per US$ of GDP | -10.6% |
| 1972 | 2.35 constant LCU per US$ of GDP | -10.9% |
| 1973 | 1.98 constant LCU per US$ of GDP | -15.8% |
| 1974 | 1.75 constant LCU per US$ of GDP | -11.6% |
| 1975 | 1.68 constant LCU per US$ of GDP | -4.1% |
| 1976 | 1.67 constant LCU per US$ of GDP | -0.4% |
| 1977 | 1.77 constant LCU per US$ of GDP | +5.5% |
| 1978 | 1.5 constant LCU per US$ of GDP | -15.2% |
| 1979 | 1.38 constant LCU per US$ of GDP | -7.9% |
| 1980 | 1.3 constant LCU per US$ of GDP | -6.1% |
| 1981 | 1.53 constant LCU per US$ of GDP | +17.9% |
| 1982 | 1.6 constant LCU per US$ of GDP | +4.5% |
| 1983 | 1.59 constant LCU per US$ of GDP | -0.6% |
| 1984 | 1.59 constant LCU per US$ of GDP | +0.1% |
| 1985 | 1.72 constant LCU per US$ of GDP | +8.3% |
| 1986 | 1.58 constant LCU per US$ of GDP | -8.4% |
| 1987 | 1.48 constant LCU per US$ of GDP | -6.0% |
| 1988 | 1.42 constant LCU per US$ of GDP | -4.1% |
| 1989 | 1.5 constant LCU per US$ of GDP | +5.1% |
| 1990 | 1.35 constant LCU per US$ of GDP | -9.9% |
| 1991 | 1.38 constant LCU per US$ of GDP | +2.5% |
| 1992 | 1.21 constant LCU per US$ of GDP | -12.5% |
| 1993 | 1.06 constant LCU per US$ of GDP | -12.7% |
| 1994 | 0.8171 constant LCU per US$ of GDP | -22.6% |
| 1995 | 0.7729 constant LCU per US$ of GDP | -5.4% |
| 1996 | 1.01 constant LCU per US$ of GDP | +30.9% |
| 1997 | 1.03 constant LCU per US$ of GDP | +1.7% |
| 1998 | 1.01 constant LCU per US$ of GDP | -1.9% |
| 1999 | 0.9575 constant LCU per US$ of GDP | -5.2% |
| 2000 | 0.9196 constant LCU per US$ of GDP | -4.0% |
| 2001 | 0.9162 constant LCU per US$ of GDP | -0.4% |
| 2002 | 0.8725 constant LCU per US$ of GDP | -4.8% |
| 2003 | 0.8543 constant LCU per US$ of GDP | -2.1% |
| 2004 | 0.8405 constant LCU per US$ of GDP | -1.6% |
| 2005 | 0.8042 constant LCU per US$ of GDP | -4.3% |
| 2006 | 0.8179 constant LCU per US$ of GDP | +1.7% |
| 2007 | 0.7663 constant LCU per US$ of GDP | -6.3% |
| 2008 | 0.76 constant LCU per US$ of GDP | -0.8% |
| 2009 | 0.7276 constant LCU per US$ of GDP | -4.3% |
| 2010 | 0.737 constant LCU per US$ of GDP | +1.3% |
| 2011 | 0.6464 constant LCU per US$ of GDP | -12.3% |
| 2012 | 0.6261 constant LCU per US$ of GDP | -3.1% |
| 2013 | 0.616 constant LCU per US$ of GDP | -1.6% |
| 2014 | 0.599 constant LCU per US$ of GDP | -2.8% |
| 2015 | 0.593 constant LCU per US$ of GDP | -1.0% |
| 2016 | 0.5858 constant LCU per US$ of GDP | -1.2% |
| 2017 | 0.5613 constant LCU per US$ of GDP | -4.2% |
| 2018 | 0.5565 constant LCU per US$ of GDP | -0.8% |
| 2019 | 0.5396 constant LCU per US$ of GDP | -3.0% |
| 2020 | 0.4753 constant LCU per US$ of GDP | -11.9% |
Cuba compared with similar countries
- Cuba's 0.4753 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 12.28 constant LCU per US$ of GDP, 4% of the median. (46 countries reporting)
- Cuba's 0.4753 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 6.22 constant LCU per US$ of GDP, 8% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure (constant LCU), per unit of GDP 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 | +30.9% | 0.7729 constant LCU per US$ of GDP | 1.01 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.97 constant LCU per US$ of GDP | 1.38 constant LCU per US$ of GDP | 2.96 constant LCU per US$ of GDP | 10 |
| 1980s | 1.53 constant LCU per US$ of GDP | 1.3 constant LCU per US$ of GDP | 1.72 constant LCU per US$ of GDP | 10 |
| 1990s | 1.06 constant LCU per US$ of GDP | 0.7729 constant LCU per US$ of GDP | 1.38 constant LCU per US$ of GDP | 10 |
| 2000s | 0.8279 constant LCU per US$ of GDP | 0.7276 constant LCU per US$ of GDP | 0.9196 constant LCU per US$ of GDP | 10 |
| 2010s | 0.6061 constant LCU per US$ of GDP | 0.5396 constant LCU per US$ of GDP | 0.737 constant LCU per US$ of GDP | 10 |
| 2020s | 0.4753 constant LCU per US$ of GDP | 0.4753 constant LCU per US$ of GDP | 0.4753 constant LCU per US$ of GDP | 1 |
Countries ranked near Cuba
- 158 Bermuda 0.5408 constant LCU per US$ of GDP compare
- 159 Luxembourg 0.4954 constant LCU per US$ of GDP compare
- 160 San Marino 0.4821 constant LCU per US$ of GDP compare
- 162 Ireland 0.424 constant LCU per US$ of GDP compare
- 163 Tajikistan 0.38 constant LCU per US$ of GDP compare
- 164 Oman 0.2976 constant LCU per US$ of GDP compare
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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is gross national expenditure (constant lcu), per unit of gdp in Cuba?
- Gross national expenditure (constant lcu), per unit of gdp in Cuba was 0.4753 constant LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 2.96 constant LCU per US$ of GDP in 1970.
- What is the lowest gross national expenditure (constant lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.4753 constant LCU per US$ of GDP in 2020.
- How does Cuba rank for gross national expenditure (constant lcu), per unit of gdp?
- Cuba ranks 161st out of 169 countries with data for 2020.
- Is gross national expenditure (constant lcu), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 35.5%. 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 LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.