Gross value added at basic prices (GVA) (constant 2015 US$), per in Cuba
Cuba: Gross value added at basic prices (GVA) (constant 2015 US$), per was 7,350 constant 2015 US$ per person in 2024. ▲ Rising
Gross value added at basic prices (GVA) (constant 2015 US$), per in Cuba, 1970–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
In 2024, gross value added at basic prices (gva) (constant 2015 us$), per in Cuba stood at 7,350 constant 2015 US$ per person.
The figure is down 0.6% on the previous year and up 0.4% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Cuba peaked at 8,074 constant 2015 US$ per person in 2019 and was at its lowest, 2,593 constant 2015 US$ per person, in 1970.
Cuba ranks 86th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$), per in Cuba, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1970 | 2,593 constant 2015 US$ per person | — |
| 1971 | 2,767 constant 2015 US$ per person | +6.7% |
| 1972 | 2,854 constant 2015 US$ per person | +3.2% |
| 1973 | 2,911 constant 2015 US$ per person | +2.0% |
| 1974 | 2,902 constant 2015 US$ per person | -0.3% |
| 1975 | 3,142 constant 2015 US$ per person | +8.2% |
| 1976 | 3,280 constant 2015 US$ per person | +4.4% |
| 1977 | 3,537 constant 2015 US$ per person | +7.8% |
| 1978 | 3,747 constant 2015 US$ per person | +5.9% |
| 1979 | 3,771 constant 2015 US$ per person | +0.6% |
| 1980 | 3,566 constant 2015 US$ per person | -5.4% |
| 1981 | 4,249 constant 2015 US$ per person | +19.1% |
| 1982 | 4,602 constant 2015 US$ per person | +8.3% |
| 1983 | 4,822 constant 2015 US$ per person | +4.8% |
| 1984 | 5,178 constant 2015 US$ per person | +7.4% |
| 1985 | 5,139 constant 2015 US$ per person | -0.8% |
| 1986 | 5,147 constant 2015 US$ per person | +0.2% |
| 1987 | 5,008 constant 2015 US$ per person | -2.7% |
| 1988 | 5,173 constant 2015 US$ per person | +3.3% |
| 1989 | 5,216 constant 2015 US$ per person | +0.8% |
| 1990 | 5,076 constant 2015 US$ per person | -2.7% |
| 1991 | 4,453 constant 2015 US$ per person | -12.3% |
| 1992 | 3,857 constant 2015 US$ per person | -13.4% |
| 1993 | 3,286 constant 2015 US$ per person | -14.8% |
| 1994 | 3,247 constant 2015 US$ per person | -1.2% |
| 1995 | 3,290 constant 2015 US$ per person | +1.3% |
| 1996 | 3,555 constant 2015 US$ per person | +8.1% |
| 1997 | 3,644 constant 2015 US$ per person | +2.5% |
| 1998 | 3,638 constant 2015 US$ per person | -0.2% |
| 1999 | 3,853 constant 2015 US$ per person | +5.9% |
| 2000 | 4,069 constant 2015 US$ per person | +5.6% |
| 2001 | 4,188 constant 2015 US$ per person | +2.9% |
| 2002 | 4,235 constant 2015 US$ per person | +1.1% |
| 2003 | 4,380 constant 2015 US$ per person | +3.4% |
| 2004 | 4,613 constant 2015 US$ per person | +5.3% |
| 2005 | 5,115 constant 2015 US$ per person | +10.9% |
| 2006 | 5,715 constant 2015 US$ per person | +11.7% |
| 2007 | 6,133 constant 2015 US$ per person | +7.3% |
| 2008 | 6,380 constant 2015 US$ per person | +4.0% |
| 2009 | 6,508 constant 2015 US$ per person | +2.0% |
| 2010 | 6,661 constant 2015 US$ per person | +2.3% |
| 2011 | 6,826 constant 2015 US$ per person | +2.5% |
| 2012 | 7,035 constant 2015 US$ per person | +3.1% |
| 2013 | 7,227 constant 2015 US$ per person | +2.7% |
| 2014 | 7,322 constant 2015 US$ per person | +1.3% |
| 2015 | 7,647 constant 2015 US$ per person | +4.4% |
| 2016 | 7,710 constant 2015 US$ per person | +0.8% |
| 2017 | 7,875 constant 2015 US$ per person | +2.1% |
| 2018 | 8,066 constant 2015 US$ per person | +2.4% |
| 2019 | 8,074 constant 2015 US$ per person | +0.1% |
| 2020 | 7,203 constant 2015 US$ per person | -10.8% |
| 2021 | 7,333 constant 2015 US$ per person | +1.8% |
| 2022 | 7,512 constant 2015 US$ per person | +2.4% |
| 2023 | 7,398 constant 2015 US$ per person | -1.5% |
| 2024 | 7,350 constant 2015 US$ per person | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,150 constant 2015 US$ per person | 2,593 constant 2015 US$ per person | 3,771 constant 2015 US$ per person | 10 |
| 1980s | 4,810 constant 2015 US$ per person | 3,566 constant 2015 US$ per person | 5,216 constant 2015 US$ per person | 10 |
| 1990s | 3,790 constant 2015 US$ per person | 3,247 constant 2015 US$ per person | 5,076 constant 2015 US$ per person | 10 |
| 2000s | 5,133 constant 2015 US$ per person | 4,069 constant 2015 US$ per person | 6,508 constant 2015 US$ per person | 10 |
| 2010s | 7,444 constant 2015 US$ per person | 6,661 constant 2015 US$ per person | 8,074 constant 2015 US$ per person | 10 |
| 2020s | 7,359 constant 2015 US$ per person | 7,203 constant 2015 US$ per person | 7,512 constant 2015 US$ per person | 5 |
Countries ranked near Cuba
- 83 Saint Vincent and the Grenadines 8,277 constant 2015 US$ per person compare
- 84 Dominica 7,980 constant 2015 US$ per person compare
- 85 Serbia 7,504 constant 2015 US$ per person compare
- 87 Montenegro 7,111 constant 2015 US$ per person compare
- 88 Thailand 6,783 constant 2015 US$ per person compare
- 89 Suriname 6,678 constant 2015 US$ per person compare
More economy & growth data for Cuba
- Gross value added at basic prices (GVA) (current LCU), annual growth 29.99 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9929 current LCU per US$ of GDP (2020)
- Gross value added at basic prices (GVA) (current LCU), per capita 97,292 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -1.01 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7499 constant 2015 US$ per US$ of GDP (2020)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -1.01 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.4684 constant LCU per US$ of GDP (2020)
- Gross value added at basic prices (GVA) (constant LCU), per capita 4,591 constant LCU per person (2024)
- GDP (current US$), annual growth rate 3.79 % change on previous year (2020)
- GDP (current US$), per capita 9,605 current US$ per person (2020)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in Cuba?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Cuba was 7,350 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Cuba?
- The highest recorded value was 8,074 constant 2015 US$ per person in 2019.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Cuba?
- The lowest recorded value was 2,593 constant 2015 US$ per person in 1970.
- How does Cuba rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Cuba ranks 86th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in Cuba?
- Over the last ten years it is up 0.4%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.