Gross national expenditure in Cuba
Cuba: Gross national expenditure was 1.52 trillion current LCU in 2024. ◆ Volatile
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 185 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.
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
- External balance on goods and services as a percent of GDP -39.9% (2024)
- GDP per capita 7,381 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 10.7% (2024)
- Gross domestic product (GDP) 81.05 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 7,381 constant 2015 US$ (2024)
- DEC alternative conversion factor 1 LCU per US$ (2020)
- Net secondary income (Net current transfers from abroad) 1.89 billion current LCU (2019)
- Net secondary income (Net current transfers from abroad) 1.89 billion current US$ (2019)
- Taxes less subsidies on products 16.49 billion current LCU (2024)
- Taxes less subsidies on products 762.00 million current US$ (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 185 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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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.