Gross national expenditure (current US$) in Cuba
Cuba: Gross national expenditure (current US$) 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$, in 1970.
Cuba ranks 70th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$) 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
- 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 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.