Gross national expenditure in Cuba
Cuba: Gross national expenditure was 51.05 billion constant LCU in 2024. ▲ Rising
Latest (2024)
51.05 billion constant LCU
Change on year
down 1.2%
World rank
133rd
of 168 countries
All-time high
55.81 billion constant LCU
in 2019
All-time low
16.83 billion constant LCU
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 LCU.
Analysis
The most recent figure for gross national expenditure in Cuba is 51.05 billion constant LCU, measured in 2024.
The figure is down 1.2% on the previous year and up 5.7% over ten years.
Over the whole period, gross national expenditure in Cuba peaked at 55.81 billion constant LCU in 2019 and was at its lowest, 16.83 billion constant LCU, in 1970.
That places Cuba 133rd out of 168 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross national expenditure in Cuba, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 16.83 billion constant LCU | — |
| 1971 | 18.27 billion constant LCU | +8.6% |
| 1972 | 19.15 billion constant LCU | +4.8% |
| 1973 | 19.81 billion constant LCU | +3.4% |
| 1974 | 20.00 billion constant LCU | +1.0% |
| 1975 | 21.91 billion constant LCU | +9.5% |
| 1976 | 23.10 billion constant LCU | +5.4% |
| 1977 | 25.10 billion constant LCU | +8.7% |
| 1978 | 26.74 billion constant LCU | +6.5% |
| 1979 | 27.04 billion constant LCU | +1.1% |
| 1980 | 25.81 billion constant LCU | -4.6% |
| 1981 | 30.79 billion constant LCU | +19.3% |
| 1982 | 33.47 billion constant LCU | +8.7% |
| 1983 | 35.26 billion constant LCU | +5.4% |
| 1984 | 38.22 billion constant LCU | +8.4% |
| 1985 | 39.48 billion constant LCU | +3.3% |
| 1986 | 38.22 billion constant LCU | -3.2% |
| 1987 | 37.40 billion constant LCU | -2.1% |
| 1988 | 39.08 billion constant LCU | +4.5% |
| 1989 | 40.41 billion constant LCU | +3.4% |
| 1990 | 38.61 billion constant LCU | -4.5% |
| 1991 | 33.58 billion constant LCU | -13.0% |
| 1992 | 26.69 billion constant LCU | -20.5% |
| 1993 | 23.60 billion constant LCU | -11.6% |
| 1994 | 23.25 billion constant LCU | -1.5% |
| 1995 | 23.52 billion constant LCU | +1.2% |
| 1996 | 25.31 billion constant LCU | +7.6% |
| 1997 | 26.10 billion constant LCU | +3.1% |
| 1998 | 25.99 billion constant LCU | -0.4% |
| 1999 | 27.16 billion constant LCU | +4.5% |
| 2000 | 28.11 billion constant LCU | +3.5% |
| 2001 | 29.03 billion constant LCU | +3.3% |
| 2002 | 29.31 billion constant LCU | +1.0% |
| 2003 | 30.67 billion constant LCU | +4.7% |
| 2004 | 32.11 billion constant LCU | +4.7% |
| 2005 | 34.29 billion constant LCU | +6.8% |
| 2006 | 39.94 billion constant LCU | +16.5% |
| 2007 | 41.58 billion constant LCU | +4.1% |
| 2008 | 42.79 billion constant LCU | +2.9% |
| 2009 | 41.83 billion constant LCU | -2.3% |
| 2010 | 43.90 billion constant LCU | +4.9% |
| 2011 | 44.59 billion constant LCU | +1.6% |
| 2012 | 45.80 billion constant LCU | +2.7% |
| 2013 | 47.52 billion constant LCU | +3.8% |
| 2014 | 48.31 billion constant LCU | +1.7% |
| 2015 | 51.67 billion constant LCU | +7.0% |
| 2016 | 53.53 billion constant LCU | +3.6% |
| 2017 | 54.36 billion constant LCU | +1.6% |
| 2018 | 55.68 billion constant LCU | +2.4% |
| 2019 | 55.81 billion constant LCU | +0.2% |
| 2020 | 51.02 billion constant LCU | -8.6% |
| 2021 | 52.01 billion constant LCU | +1.9% |
| 2022 | 52.35 billion constant LCU | +0.7% |
| 2023 | 51.67 billion constant LCU | -1.3% |
| 2024 | 51.05 billion constant LCU | -1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.80 billion constant LCU | 16.83 billion constant LCU | 27.04 billion constant LCU | 10 |
| 1980s | 35.81 billion constant LCU | 25.81 billion constant LCU | 40.41 billion constant LCU | 10 |
| 1990s | 27.38 billion constant LCU | 23.25 billion constant LCU | 38.61 billion constant LCU | 10 |
| 2000s | 34.97 billion constant LCU | 28.11 billion constant LCU | 42.79 billion constant LCU | 10 |
| 2010s | 50.12 billion constant LCU | 43.90 billion constant LCU | 55.81 billion constant LCU | 10 |
| 2020s | 51.62 billion constant LCU | 51.02 billion constant LCU | 52.35 billion constant LCU | 5 |
Countries ranked near Cuba
- 130 Lithuania 54.10 billion constant LCU compare
- 131 Bosnia and Herzegovina 52.55 billion constant LCU compare
- 132 Slovenia 51.80 billion constant LCU compare
- 134 Luxembourg 50.11 billion constant LCU compare
- 135 Eritrea 43.63 billion constant LCU compare
- 136 Lesotho 38.04 billion constant LCU compare
More economy & growth data for Cuba
- Net primary income (Net income from abroad) (current LCU), annual -5.36 % change on previous year (2019)
- Taxes less subsidies on products (current US$), annual growth rate -50.13 % change on previous year (2020)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0071 current US$ per US$ of GDP (2020)
- Taxes less subsidies on products (current US$), per capita 68.18 current US$ per person (2020)
- Taxes less subsidies on products (current LCU), annual growth rate 122.26 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0071 current LCU per US$ of GDP (2020)
- Taxes less subsidies on products (current LCU), per capita 1,502 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 1 (1974)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.9978 (1974)
- Domestic currency per US dollar (End-of-period (EoP)) 0.815 (1974)
Frequently asked questions
- What is gross national expenditure in Cuba?
- Gross national expenditure in Cuba was 51.05 billion constant LCU 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 55.81 billion constant LCU in 2019.
- What is the lowest gross national expenditure recorded in Cuba?
- The lowest recorded value was 16.83 billion constant LCU in 1970.
- How does Cuba rank for gross national expenditure?
- Cuba ranks 133rd out of 168 countries with data for 2024.
- Is gross national expenditure rising or falling in Cuba?
- Over the last ten years it is up 5.7%. 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 LCU). 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 varies by country. This series is expressed in local currency units.