Gross national expenditure (current LCU), per unit of GDP in Cuba
Cuba: Gross national expenditure (current LCU), per unit of GDP was 0.9935 current LCU per US$ of GDP in 2020. ▲ Rising
Gross national expenditure (current LCU), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Cuba recorded 0.9935 current LCU per US$ of GDP for gross national expenditure (current lcu), per unit of gdp in 2020.
That represents a change of up 1.0% on the previous year and down 3.3% over ten years.
Over the whole period, gross national expenditure (current lcu), per unit of gdp in Cuba peaked at 1.12 current LCU per US$ of GDP in 1971 and was at its lowest, 0.7435 current LCU per US$ of GDP, in 1994.
That places Cuba 154th out of 186 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Gross national expenditure (current LCU), per unit of GDP in Cuba, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 1.12 current LCU per US$ of GDP | — |
| 1971 | 1.12 current LCU per US$ of GDP | +0.0% |
| 1972 | 1.07 current LCU per US$ of GDP | -4.7% |
| 1973 | 0.9301 current LCU per US$ of GDP | -13.0% |
| 1974 | 0.92 current LCU per US$ of GDP | -1.1% |
| 1975 | 0.9199 current LCU per US$ of GDP | -0.0% |
| 1976 | 0.9211 current LCU per US$ of GDP | +0.1% |
| 1977 | 0.9312 current LCU per US$ of GDP | +1.1% |
| 1978 | 0.8638 current LCU per US$ of GDP | -7.2% |
| 1979 | 0.8193 current LCU per US$ of GDP | -5.2% |
| 1980 | 0.8071 current LCU per US$ of GDP | -1.5% |
| 1981 | 0.932 current LCU per US$ of GDP | +15.5% |
| 1982 | 0.9537 current LCU per US$ of GDP | +2.3% |
| 1983 | 0.9627 current LCU per US$ of GDP | +0.9% |
| 1984 | 0.9881 current LCU per US$ of GDP | +2.6% |
| 1985 | 1.02 current LCU per US$ of GDP | +3.3% |
| 1986 | 0.9435 current LCU per US$ of GDP | -7.6% |
| 1987 | 0.879 current LCU per US$ of GDP | -6.8% |
| 1988 | 0.8446 current LCU per US$ of GDP | -3.9% |
| 1989 | 0.8931 current LCU per US$ of GDP | +5.7% |
| 1990 | 0.825 current LCU per US$ of GDP | -7.6% |
| 1991 | 0.7818 current LCU per US$ of GDP | -5.2% |
| 1992 | 0.7577 current LCU per US$ of GDP | -3.1% |
| 1993 | 0.7675 current LCU per US$ of GDP | +1.3% |
| 1994 | 0.7435 current LCU per US$ of GDP | -3.1% |
| 1995 | 0.7983 current LCU per US$ of GDP | +7.4% |
| 1996 | 1.02 current LCU per US$ of GDP | +27.8% |
| 1997 | 1.03 current LCU per US$ of GDP | +0.9% |
| 1998 | 1.04 current LCU per US$ of GDP | +1.1% |
| 1999 | 1.03 current LCU per US$ of GDP | -1.2% |
| 2000 | 1.03 current LCU per US$ of GDP | +0.0% |
| 2001 | 1.03 current LCU per US$ of GDP | +0.1% |
| 2002 | 1.02 current LCU per US$ of GDP | -1.2% |
| 2003 | 1.01 current LCU per US$ of GDP | -1.0% |
| 2004 | 0.9927 current LCU per US$ of GDP | -1.4% |
| 2005 | 0.9733 current LCU per US$ of GDP | -2.0% |
| 2006 | 1.08 current LCU per US$ of GDP | +10.7% |
| 2007 | 1.05 current LCU per US$ of GDP | -2.5% |
| 2008 | 1.12 current LCU per US$ of GDP | +6.7% |
| 2009 | 1.06 current LCU per US$ of GDP | -5.6% |
| 2010 | 1.03 current LCU per US$ of GDP | -2.9% |
| 2011 | 0.9675 current LCU per US$ of GDP | -5.8% |
| 2012 | 0.9484 current LCU per US$ of GDP | -2.0% |
| 2013 | 0.9612 current LCU per US$ of GDP | +1.3% |
| 2014 | 0.9511 current LCU per US$ of GDP | -1.1% |
| 2015 | 0.9732 current LCU per US$ of GDP | +2.3% |
| 2016 | 0.973 current LCU per US$ of GDP | -0.0% |
| 2017 | 0.9712 current LCU per US$ of GDP | -0.2% |
| 2018 | 0.9804 current LCU per US$ of GDP | +0.9% |
| 2019 | 0.9839 current LCU per US$ of GDP | +0.4% |
| 2020 | 0.9935 current LCU per US$ of GDP | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9618 current LCU per US$ of GDP | 0.8193 current LCU per US$ of GDP | 1.12 current LCU per US$ of GDP | 10 |
| 1980s | 0.9225 current LCU per US$ of GDP | 0.8071 current LCU per US$ of GDP | 1.02 current LCU per US$ of GDP | 10 |
| 1990s | 0.8791 current LCU per US$ of GDP | 0.7435 current LCU per US$ of GDP | 1.04 current LCU per US$ of GDP | 10 |
| 2000s | 1.04 current LCU per US$ of GDP | 0.9733 current LCU per US$ of GDP | 1.12 current LCU per US$ of GDP | 10 |
| 2010s | 0.9738 current LCU per US$ of GDP | 0.9484 current LCU per US$ of GDP | 1.03 current LCU per US$ of GDP | 10 |
| 2020s | 0.9935 current LCU per US$ of GDP | 0.9935 current LCU per US$ of GDP | 0.9935 current LCU per US$ of GDP | 1 |
Countries ranked near Cuba
- 151 Bahamas 1.04 current LCU per US$ of GDP compare
- 152 United States of America 1.03 current LCU per US$ of GDP compare
- 153 Puerto Rico 1.01 current LCU per US$ of GDP compare
- 155 Jordan 0.9751 current LCU per US$ of GDP compare
- 156 Ecuador 0.9648 current LCU per US$ of GDP compare
- 157 Panama 0.9496 current LCU per US$ of GDP compare
More economy & growth data for Cuba
- Final consumption expenditure (constant 2015 US$), per capita 6,826 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 4.8 % change on previous year (2020)
- Gross national expenditure (current US$), per unit of GDP 0.9935 current US$ per US$ of GDP (2020)
- Gross national expenditure (current US$), per capita 9,542 current US$ per person (2020)
- Gross national expenditure (current LCU), annual growth rate 41.58 % change on previous year (2024)
- Gross national expenditure (current LCU), per capita 138,236 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -1.52 % change on previous year (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.7765 constant 2015 US$ per US$ of GDP (2020)
- Gross national expenditure (constant 2015 US$), per capita 7,601 constant 2015 US$ per person (2024)
- Exports of goods and services (current US$), annual growth rate -30.58 % change on previous year (2020)
Frequently asked questions
- What is gross national expenditure (current lcu), per unit of gdp in Cuba?
- Gross national expenditure (current lcu), per unit of gdp in Cuba was 0.9935 current LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross national expenditure (current lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 1.12 current LCU per US$ of GDP in 1971.
- What is the lowest gross national expenditure (current lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.7435 current LCU per US$ of GDP in 1994.
- How does Cuba rank for gross national expenditure (current lcu), per unit of gdp?
- Cuba ranks 154th out of 186 countries with data for 2020.
- Is gross national expenditure (current lcu), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 3.3%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (current LCU) ÷ GDP (current US$)
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 (current 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.