Gross National Income — Value US$, annual growth rate in Cuba
Cuba: Gross National Income — Value US$, annual growth rate was 37.3 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value US$, annual growth rate in Cuba, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national income — value us$, annual growth rate in Cuba is 37.3 % change on previous year, measured in 2023. That is the highest value across all 53 years on record.
The figure is up 131.4% on the previous year and up 559.6% over ten years.
Over the whole period, gross national income — value us$, annual growth rate in Cuba peaked at 37.3 % change on previous year in 2023 and was at its lowest, -17.57 % change on previous year, in 1996.
That places Cuba 2nd out of 236 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$, annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.46 % change on previous year | — |
| 1972 | 17.65 % change on previous year | -17.7% |
| 1973 | 22.77 % change on previous year | +29.0% |
| 1974 | 14.2 % change on previous year | -37.6% |
| 1975 | 14.22 % change on previous year | +0.1% |
| 1976 | 5.85 % change on previous year | -58.9% |
| 1977 | 3.02 % change on previous year | -48.4% |
| 1978 | 25.62 % change on previous year | +749.0% |
| 1979 | 9.76 % change on previous year | -61.9% |
| 1980 | 1.66 % change on previous year | -83.0% |
| 1981 | 1.18 % change on previous year | -29.0% |
| 1982 | 3.98 % change on previous year | +236.7% |
| 1983 | 6.02 % change on previous year | +51.3% |
| 1984 | 8.32 % change on previous year | +38.2% |
| 1985 | -4.79 % change on previous year | -157.5% |
| 1986 | 5.69 % change on previous year | -219.0% |
| 1987 | 4.08 % change on previous year | -28.4% |
| 1988 | 9.22 % change on previous year | +126.2% |
| 1989 | -1.45 % change on previous year | -115.7% |
| 1990 | 5.39 % change on previous year | -471.9% |
| 1991 | -14.88 % change on previous year | -376.1% |
| 1992 | -8.81 % change on previous year | -40.8% |
| 1993 | 1.2 % change on previous year | -113.6% |
| 1994 | 27.14 % change on previous year | +2159.8% |
| 1995 | 6.26 % change on previous year | -76.9% |
| 1996 | -17.57 % change on previous year | -380.6% |
| 1997 | 1.46 % change on previous year | -108.3% |
| 1998 | 1.63 % change on previous year | +11.5% |
| 1999 | 10.13 % change on previous year | +522.1% |
| 2000 | 7.51 % change on previous year | -25.8% |
| 2001 | 4.13 % change on previous year | -45.1% |
| 2002 | 6.1 % change on previous year | +47.8% |
| 2003 | 6.82 % change on previous year | +11.8% |
| 2004 | 6.26 % change on previous year | -8.3% |
| 2005 | 11.87 % change on previous year | +89.6% |
| 2006 | 24.07 % change on previous year | +102.8% |
| 2007 | 10.59 % change on previous year | -56.0% |
| 2008 | 3.66 % change on previous year | -65.5% |
| 2009 | 1.15 % change on previous year | -68.6% |
| 2010 | 4.07 % change on previous year | +254.4% |
| 2011 | 8.81 % change on previous year | +116.6% |
| 2012 | 5.42 % change on previous year | -38.5% |
| 2013 | 5.66 % change on previous year | +4.4% |
| 2014 | 4.43 % change on previous year | -21.7% |
| 2015 | 8.15 % change on previous year | +83.9% |
| 2016 | 4.65 % change on previous year | -42.9% |
| 2017 | 6.01 % change on previous year | +29.3% |
| 2018 | 3.22 % change on previous year | -46.3% |
| 2019 | 2.98 % change on previous year | -7.5% |
| 2020 | 3.97 % change on previous year | +33.0% |
| 2021 | 18.02 % change on previous year | +354.2% |
| 2022 | 16.12 % change on previous year | -10.5% |
| 2023 | 37.3 % change on previous year | +131.4% |
Biggest year-on-year movements
Years where Gross National Income — Value US$, annual growth rate in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +2159.8% | 1.2 % change on previous year | 27.14 % change on previous year |
| 1978 | +749.0% | 3.02 % change on previous year | 25.62 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.95 % change on previous year | 3.02 % change on previous year | 25.62 % change on previous year | 9 |
| 1980s | 3.39 % change on previous year | -4.79 % change on previous year | 9.22 % change on previous year | 10 |
| 1990s | 1.19 % change on previous year | -17.57 % change on previous year | 27.14 % change on previous year | 10 |
| 2000s | 8.22 % change on previous year | 1.15 % change on previous year | 24.07 % change on previous year | 10 |
| 2010s | 5.34 % change on previous year | 2.98 % change on previous year | 8.81 % change on previous year | 10 |
| 2020s | 18.85 % change on previous year | 3.97 % change on previous year | 37.3 % change on previous year | 4 |
Countries ranked near Cuba
- 1 China, Macao SAR 83.22 % change on previous year compare
- 3 Ethiopia 34.55 % change on previous year compare
- 4 Sudan (former) 30.86 % change on previous year compare
- 5 Cook Islands 26.39 % change on previous year compare
More economy & growth data for Cuba
- General government final consumption expenditure (current US$) 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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is gross national income — value us$, annual growth rate in Cuba?
- Gross national income — value us$, annual growth rate in Cuba was 37.3 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value us$, annual growth rate recorded in Cuba?
- The highest recorded value was 37.3 % change on previous year in 2023.
- What is the lowest gross national income — value us$, annual growth rate recorded in Cuba?
- The lowest recorded value was -17.57 % change on previous year in 1996.
- How does Cuba rank for gross national income — value us$, annual growth rate?
- Cuba ranks 2nd out of 236 countries with data for 2023.
- Is gross national income — value us$, annual growth rate rising or falling in Cuba?
- Over the last ten years it is up 559.6%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Gross National Income — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.