Gross national expenditure (current US$), per unit of GDP (unit GDP) in Cuba
Cuba: Gross national expenditure (current US$), per unit of GDP (unit GDP) was 0.9935 current US$ per US$ of GDP in 2020. ▼ Falling
Gross national expenditure (current US$), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross national expenditure (current us$), per unit of gdp in Cuba is 0.9935 current US$ per US$ of GDP, measured in 2020.
That represents a change of up 1.0% on the previous year and up 4.4% over ten years.
Over the whole period, gross national expenditure (current us$), per unit of gdp in Cuba peaked at 1.14 current US$ per US$ of GDP in 1989 and was at its lowest, 0.9484 current US$ per US$ of GDP, in 2012.
That places Cuba 115th out of 186 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Gross national expenditure (current US$), per unit of GDP (unit GDP) in Cuba, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 1.12 current US$ per US$ of GDP | — |
| 1971 | 1.12 current US$ per US$ of GDP | +0.0% |
| 1972 | 1.12 current US$ per US$ of GDP | +0.0% |
| 1973 | 1.12 current US$ per US$ of GDP | -0.0% |
| 1974 | 1.12 current US$ per US$ of GDP | +0.0% |
| 1975 | 1.12 current US$ per US$ of GDP | -0.0% |
| 1976 | 1.12 current US$ per US$ of GDP | +0.0% |
| 1977 | 1.12 current US$ per US$ of GDP | +0.0% |
| 1978 | 1.12 current US$ per US$ of GDP | -0.0% |
| 1979 | 1.12 current US$ per US$ of GDP | +0.0% |
| 1980 | 1.12 current US$ per US$ of GDP | -0.1% |
| 1981 | 1.12 current US$ per US$ of GDP | +0.2% |
| 1982 | 1.12 current US$ per US$ of GDP | -0.1% |
| 1983 | 1.12 current US$ per US$ of GDP | -0.1% |
| 1984 | 1.12 current US$ per US$ of GDP | +0.4% |
| 1985 | 1.11 current US$ per US$ of GDP | -0.9% |
| 1986 | 1.13 current US$ per US$ of GDP | +1.6% |
| 1987 | 1.12 current US$ per US$ of GDP | -1.3% |
| 1988 | 1.11 current US$ per US$ of GDP | -0.3% |
| 1989 | 1.14 current US$ per US$ of GDP | +2.7% |
| 1990 | 1.1 current US$ per US$ of GDP | -4.2% |
| 1991 | 1.07 current US$ per US$ of GDP | -2.7% |
| 1992 | 1.02 current US$ per US$ of GDP | -4.0% |
| 1993 | 1.04 current US$ per US$ of GDP | +1.3% |
| 1994 | 1 current US$ per US$ of GDP | -3.1% |
| 1995 | 1.02 current US$ per US$ of GDP | +1.4% |
| 1996 | 1.02 current US$ per US$ of GDP | +0.1% |
| 1997 | 1.03 current US$ per US$ of GDP | +0.9% |
| 1998 | 1.04 current US$ per US$ of GDP | +1.1% |
| 1999 | 1.03 current US$ per US$ of GDP | -1.2% |
| 2000 | 1.03 current US$ per US$ of GDP | +0.0% |
| 2001 | 1.03 current US$ per US$ of GDP | +0.1% |
| 2002 | 1.02 current US$ per US$ of GDP | -1.2% |
| 2003 | 1.01 current US$ per US$ of GDP | -1.0% |
| 2004 | 0.9927 current US$ per US$ of GDP | -1.4% |
| 2005 | 0.9733 current US$ per US$ of GDP | -2.0% |
| 2006 | 0.9976 current US$ per US$ of GDP | +2.5% |
| 2007 | 0.973 current US$ per US$ of GDP | -2.5% |
| 2008 | 1.04 current US$ per US$ of GDP | +6.7% |
| 2009 | 0.9799 current US$ per US$ of GDP | -5.6% |
| 2010 | 0.9515 current US$ per US$ of GDP | -2.9% |
| 2011 | 0.9675 current US$ per US$ of GDP | +1.7% |
| 2012 | 0.9484 current US$ per US$ of GDP | -2.0% |
| 2013 | 0.9612 current US$ per US$ of GDP | +1.3% |
| 2014 | 0.9511 current US$ per US$ of GDP | -1.1% |
| 2015 | 0.9732 current US$ per US$ of GDP | +2.3% |
| 2016 | 0.973 current US$ per US$ of GDP | -0.0% |
| 2017 | 0.9712 current US$ per US$ of GDP | -0.2% |
| 2018 | 0.9804 current US$ per US$ of GDP | +0.9% |
| 2019 | 0.9839 current US$ per US$ of GDP | +0.4% |
| 2020 | 0.9935 current US$ per US$ of GDP | +1.0% |
Cuba compared with similar countries
- Cuba's 0.9935 current US$ per US$ of GDP is below the median for upper middle income countries, which is 1.03 current US$ per US$ of GDP, 96% of the median. (52 countries reporting)
- Cuba's 0.9935 current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 1.01 current US$ per US$ of GDP, 98% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.12 current US$ per US$ of GDP | 1.12 current US$ per US$ of GDP | 1.12 current US$ per US$ of GDP | 10 |
| 1980s | 1.12 current US$ per US$ of GDP | 1.11 current US$ per US$ of GDP | 1.14 current US$ per US$ of GDP | 10 |
| 1990s | 1.04 current US$ per US$ of GDP | 1 current US$ per US$ of GDP | 1.1 current US$ per US$ of GDP | 10 |
| 2000s | 1 current US$ per US$ of GDP | 0.973 current US$ per US$ of GDP | 1.04 current US$ per US$ of GDP | 10 |
| 2010s | 0.9662 current US$ per US$ of GDP | 0.9484 current US$ per US$ of GDP | 0.9839 current US$ per US$ of GDP | 10 |
| 2020s | 0.9935 current US$ per US$ of GDP | 0.9935 current US$ per US$ of GDP | 0.9935 current US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 112 Brazil 0.9965 current US$ per US$ of GDP compare
- 113 Uganda 0.9953 current US$ per US$ of GDP compare
- 114 Australia 0.9946 current US$ per US$ of GDP compare
- 116 Portugal 0.9908 current US$ per US$ of GDP compare
- 117 Estonia 0.9897 current US$ per US$ of GDP compare
- 118 Finland 0.9874 current US$ per US$ of GDP compare
More economy & growth data for Cuba
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, US dollar, per capita 0 units per person (2016)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, SDR, per capita 0 units per person (2016)
- IMF holdings of currency, US dollar, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, US dollar, per capita 0 units per person (2016)
- IMF holdings of currency, SDR, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, SDR, per capita 0 units per person (2016)
Frequently asked questions
- What is gross national expenditure (current us$), per unit of gdp in Cuba?
- Gross national expenditure (current us$), per unit of gdp in Cuba was 0.9935 current US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross national expenditure (current us$), per unit of gdp recorded in Cuba?
- The highest recorded value was 1.14 current US$ per US$ of GDP in 1989.
- What is the lowest gross national expenditure (current us$), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.9484 current US$ per US$ of GDP in 2012.
- How does Cuba rank for gross national expenditure (current us$), per unit of gdp?
- Cuba ranks 115th out of 186 countries with data for 2020.
- Is gross national expenditure (current us$), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is up 4.4%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (current US$) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.