Gross national expenditure in Cuba
Cuba: Gross national expenditure was 106.65 billion current US$ in 2020. ◆ Volatile
Latest (2020)
106.65 billion current US$
Change on year
up 4.8%
World rank
70th
of 186 countries
All-time high
106.65 billion current US$
in 2020
All-time low
6.39 billion current US$
in 1970
Years of data
51
1970–2020
Gross national expenditure in Cuba, 1970–2020
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in Cuba is 106.65 billion current US$, measured in 2020. That is the highest value across all 51 years on record.
That represents a change of up 4.8% on the previous year and up 88.2% over ten years.
Over the whole period, gross national expenditure in Cuba peaked at 106.65 billion current US$ in 2020 and was at its lowest, 6.39 billion current US$, in 1970.
Cuba ranks 70th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Cuba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 6.39 billion current US$ | — |
| 1971 | 7.76 billion current US$ | +21.5% |
| 1972 | 9.13 billion current US$ | +17.7% |
| 1973 | 11.21 billion current US$ | +22.8% |
| 1974 | 12.80 billion current US$ | +14.2% |
| 1975 | 14.61 billion current US$ | +14.2% |
| 1976 | 15.47 billion current US$ | +5.9% |
| 1977 | 15.94 billion current US$ | +3.0% |
| 1978 | 20.02 billion current US$ | +25.6% |
| 1979 | 21.98 billion current US$ | +9.8% |
| 1980 | 22.32 billion current US$ | +1.6% |
| 1981 | 22.63 billion current US$ | +1.4% |
| 1982 | 23.51 billion current US$ | +3.9% |
| 1983 | 24.89 billion current US$ | +5.9% |
| 1984 | 27.04 billion current US$ | +8.6% |
| 1985 | 25.55 billion current US$ | -5.5% |
| 1986 | 27.43 billion current US$ | +7.4% |
| 1987 | 28.19 billion current US$ | +2.8% |
| 1988 | 30.60 billion current US$ | +8.6% |
| 1989 | 30.93 billion current US$ | +1.1% |
| 1990 | 31.43 billion current US$ | +1.6% |
| 1991 | 25.95 billion current US$ | -17.4% |
| 1992 | 22.62 billion current US$ | -12.8% |
| 1993 | 23.20 billion current US$ | +2.6% |
| 1994 | 28.58 billion current US$ | +23.2% |
| 1995 | 31.01 billion current US$ | +8.5% |
| 1996 | 25.52 billion current US$ | -17.7% |
| 1997 | 26.10 billion current US$ | +2.3% |
| 1998 | 26.77 billion current US$ | +2.5% |
| 1999 | 29.16 billion current US$ | +8.9% |
| 2000 | 31.43 billion current US$ | +7.8% |
| 2001 | 32.60 billion current US$ | +3.7% |
| 2002 | 34.15 billion current US$ | +4.8% |
| 2003 | 36.15 billion current US$ | +5.8% |
| 2004 | 37.92 billion current US$ | +4.9% |
| 2005 | 41.50 billion current US$ | +9.4% |
| 2006 | 48.72 billion current US$ | +17.4% |
| 2007 | 52.80 billion current US$ | +8.4% |
| 2008 | 58.43 billion current US$ | +10.7% |
| 2009 | 56.33 billion current US$ | -3.6% |
| 2010 | 56.67 billion current US$ | +0.6% |
| 2011 | 66.75 billion current US$ | +17.8% |
| 2012 | 69.37 billion current US$ | +3.9% |
| 2013 | 74.16 billion current US$ | +6.9% |
| 2014 | 76.71 billion current US$ | +3.4% |
| 2015 | 84.80 billion current US$ | +10.5% |
| 2016 | 88.91 billion current US$ | +4.8% |
| 2017 | 94.06 billion current US$ | +5.8% |
| 2018 | 98.09 billion current US$ | +4.3% |
| 2019 | 101.77 billion current US$ | +3.8% |
| 2020 | 106.65 billion current US$ | +4.8% |
Cuba compared with similar countries
- Cuba's 106.65 billion current US$ is above the median for upper middle income countries, which is 60.77 billion current US$, 1.8× the median. (52 countries reporting)
- Cuba's 106.65 billion current US$ is above the median for Latin America & Caribbean, which is 82.16 billion current US$, 1.3× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.53 billion current US$ | 6.39 billion current US$ | 21.98 billion current US$ | 10 |
| 1980s | 26.31 billion current US$ | 22.32 billion current US$ | 30.93 billion current US$ | 10 |
| 1990s | 27.03 billion current US$ | 22.62 billion current US$ | 31.43 billion current US$ | 10 |
| 2000s | 43.00 billion current US$ | 31.43 billion current US$ | 58.43 billion current US$ | 10 |
| 2010s | 81.13 billion current US$ | 56.67 billion current US$ | 101.77 billion current US$ | 10 |
| 2020s | 106.65 billion current US$ | 106.65 billion current US$ | 106.65 billion current US$ | 1 |
Countries ranked near Cuba
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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is gross national expenditure in Cuba?
- Gross national expenditure in Cuba was 106.65 billion current US$ in 2020, 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 106.65 billion current US$ in 2020.
- What is the lowest gross national expenditure recorded in Cuba?
- The lowest recorded value was 6.39 billion current US$ in 1970.
- How does Cuba rank for gross national expenditure?
- Cuba ranks 70th out of 186 countries with data for 2020.
- Is gross national expenditure rising or falling in Cuba?
- Over the last ten years it is up 88.2%. 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 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 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 indicator is expressed in United States dollars.