Gross national expenditure in Cuba
Cuba: Gross national expenditure was 1.52 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
1.52 trillion current LCU
Change on year
up 41.6%
World rank
93rd
of 186 countries
All-time high
1.52 trillion current LCU
in 2024
All-time low
6.39 billion current 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 current LCU.
Analysis
Cuba recorded 1.52 trillion current LCU for gross national expenditure in 2024. That is the highest value across all 55 years on record.
That represents a change of up 41.6% on the previous year and up 1,878.6% over ten years.
Over the whole period, gross national expenditure in Cuba peaked at 1.52 trillion current LCU in 2024 and was at its lowest, 6.39 billion current LCU, in 1970.
Cuba ranks 93rd of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Cuba, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 6.39 billion current LCU | — |
| 1971 | 7.76 billion current LCU | +21.5% |
| 1972 | 8.70 billion current LCU | +12.1% |
| 1973 | 9.29 billion current LCU | +6.8% |
| 1974 | 10.49 billion current LCU | +13.0% |
| 1975 | 11.98 billion current LCU | +14.2% |
| 1976 | 12.70 billion current LCU | +6.0% |
| 1977 | 13.23 billion current LCU | +4.2% |
| 1978 | 15.41 billion current LCU | +16.5% |
| 1979 | 16.04 billion current LCU | +4.1% |
| 1980 | 16.07 billion current LCU | +0.2% |
| 1981 | 18.78 billion current LCU | +16.8% |
| 1982 | 19.98 billion current LCU | +6.4% |
| 1983 | 21.38 billion current LCU | +7.0% |
| 1984 | 23.75 billion current LCU | +11.1% |
| 1985 | 23.40 billion current LCU | -1.5% |
| 1986 | 22.86 billion current LCU | -2.3% |
| 1987 | 22.16 billion current LCU | -3.0% |
| 1988 | 23.19 billion current LCU | +4.6% |
| 1989 | 24.14 billion current LCU | +4.1% |
| 1990 | 23.63 billion current LCU | -2.1% |
| 1991 | 19.01 billion current LCU | -19.6% |
| 1992 | 16.74 billion current LCU | -12.0% |
| 1993 | 17.17 billion current LCU | +2.6% |
| 1994 | 21.15 billion current LCU | +23.2% |
| 1995 | 24.29 billion current LCU | +14.9% |
| 1996 | 25.52 billion current LCU | +5.0% |
| 1997 | 26.10 billion current LCU | +2.3% |
| 1998 | 26.77 billion current LCU | +2.5% |
| 1999 | 29.16 billion current LCU | +8.9% |
| 2000 | 31.43 billion current LCU | +7.8% |
| 2001 | 32.60 billion current LCU | +3.7% |
| 2002 | 34.15 billion current LCU | +4.8% |
| 2003 | 36.15 billion current LCU | +5.8% |
| 2004 | 37.92 billion current LCU | +4.9% |
| 2005 | 41.50 billion current LCU | +9.4% |
| 2006 | 52.62 billion current LCU | +26.8% |
| 2007 | 57.02 billion current LCU | +8.4% |
| 2008 | 63.11 billion current LCU | +10.7% |
| 2009 | 60.84 billion current LCU | -3.6% |
| 2010 | 61.21 billion current LCU | +0.6% |
| 2011 | 66.75 billion current LCU | +9.1% |
| 2012 | 69.37 billion current LCU | +3.9% |
| 2013 | 74.16 billion current LCU | +6.9% |
| 2014 | 76.71 billion current LCU | +3.4% |
| 2015 | 84.80 billion current LCU | +10.5% |
| 2016 | 88.91 billion current LCU | +4.8% |
| 2017 | 94.06 billion current LCU | +5.8% |
| 2018 | 98.09 billion current LCU | +4.3% |
| 2019 | 101.77 billion current LCU | +3.8% |
| 2020 | 106.65 billion current LCU | +4.8% |
| 2021 | 601.03 billion current LCU | +463.6% |
| 2022 | 714.64 billion current LCU | +18.9% |
| 2023 | 1.07 trillion current LCU | +50.0% |
| 2024 | 1.52 trillion current LCU | +41.6% |
Cuba compared with similar countries
- Cuba's 1.52 trillion current LCU is below the median for upper middle income countries, which is 1.71 trillion current LCU, 89% of the median. (52 countries reporting)
- Cuba's 1.52 trillion current LCU is above the median for Latin America & Caribbean, which is 1.10 trillion current LCU, 1.4× the median. (27 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure 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 |
|---|---|---|---|
| 2021 | +463.6% | 106.65 billion current LCU | 601.03 billion current LCU |
| 2023 | +50.0% | 714.64 billion current LCU | 1.07 trillion current LCU |
| 2024 | +41.6% | 1.07 trillion current LCU | 1.52 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.20 billion current LCU | 6.39 billion current LCU | 16.04 billion current LCU | 10 |
| 1980s | 21.57 billion current LCU | 16.07 billion current LCU | 24.14 billion current LCU | 10 |
| 1990s | 22.95 billion current LCU | 16.74 billion current LCU | 29.16 billion current LCU | 10 |
| 2000s | 44.73 billion current LCU | 31.43 billion current LCU | 63.11 billion current LCU | 10 |
| 2010s | 81.58 billion current LCU | 61.21 billion current LCU | 101.77 billion current LCU | 10 |
| 2020s | 802.43 billion current LCU | 106.65 billion current LCU | 1.52 trillion current LCU | 5 |
Countries ranked near Cuba
- 90 Mozambique 1.64 trillion current LCU compare
- 91 Spain 1.62 trillion current LCU compare
- 92 United Arab Emirates 1.61 trillion current LCU compare
- 94 Honduras 1.25 trillion current LCU compare
- 95 North Macedonia 1.19 trillion current LCU compare
- 96 Ghana 1.16 trillion current LCU 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 in Cuba?
- Gross national expenditure in Cuba was 1.52 trillion current 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 1.52 trillion current LCU in 2024.
- What is the lowest gross national expenditure recorded in Cuba?
- The lowest recorded value was 6.39 billion current LCU in 1970.
- How does Cuba rank for gross national expenditure?
- Cuba ranks 93rd out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Cuba?
- Over the last ten years it is up 1,878.6%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.