Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Cuba
Cuba: Gross value added at basic prices (GVA) (current LCU), per unit of GDP was 0.9929 current LCU per US$ of GDP in 2020. ▲ Rising
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross value added at basic prices (gva) (current lcu), per unit of gdp in Cuba is 0.9929 current LCU per US$ of GDP, measured in 2020.
Compared with earlier readings it is up 0.8% on the previous year and down 7.1% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), per unit of gdp in Cuba peaked at 1.07 current LCU per US$ of GDP in 2009 and was at its lowest, 0.6099 current LCU per US$ of GDP, in 1994.
That places Cuba 156th out of 205 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Cuba, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.9094 current LCU per US$ of GDP | — |
| 1971 | 0.9094 current LCU per US$ of GDP | -0.0% |
| 1972 | 0.8666 current LCU per US$ of GDP | -4.7% |
| 1973 | 0.7539 current LCU per US$ of GDP | -13.0% |
| 1974 | 0.7459 current LCU per US$ of GDP | -1.1% |
| 1975 | 0.7456 current LCU per US$ of GDP | -0.0% |
| 1976 | 0.7464 current LCU per US$ of GDP | +0.1% |
| 1977 | 0.7547 current LCU per US$ of GDP | +1.1% |
| 1978 | 0.7006 current LCU per US$ of GDP | -7.2% |
| 1979 | 0.6648 current LCU per US$ of GDP | -5.1% |
| 1980 | 0.6535 current LCU per US$ of GDP | -1.7% |
| 1981 | 0.7536 current LCU per US$ of GDP | +15.3% |
| 1982 | 0.7738 current LCU per US$ of GDP | +2.7% |
| 1983 | 0.7838 current LCU per US$ of GDP | +1.3% |
| 1984 | 0.8041 current LCU per US$ of GDP | +2.6% |
| 1985 | 0.8173 current LCU per US$ of GDP | +1.6% |
| 1986 | 0.7577 current LCU per US$ of GDP | -7.3% |
| 1987 | 0.7253 current LCU per US$ of GDP | -4.3% |
| 1988 | 0.6994 current LCU per US$ of GDP | -3.6% |
| 1989 | 0.7257 current LCU per US$ of GDP | +3.8% |
| 1990 | 0.7007 current LCU per US$ of GDP | -3.4% |
| 1991 | 0.7034 current LCU per US$ of GDP | +0.4% |
| 1992 | 0.7002 current LCU per US$ of GDP | -0.5% |
| 1993 | 0.6899 current LCU per US$ of GDP | -1.5% |
| 1994 | 0.6099 current LCU per US$ of GDP | -11.6% |
| 1995 | 0.615 current LCU per US$ of GDP | +0.8% |
| 1996 | 0.985 current LCU per US$ of GDP | +60.2% |
| 1997 | 0.9867 current LCU per US$ of GDP | +0.2% |
| 1998 | 0.986 current LCU per US$ of GDP | -0.1% |
| 1999 | 0.9863 current LCU per US$ of GDP | +0.0% |
| 2000 | 0.9871 current LCU per US$ of GDP | +0.1% |
| 2001 | 0.9873 current LCU per US$ of GDP | +0.0% |
| 2002 | 0.9905 current LCU per US$ of GDP | +0.3% |
| 2003 | 0.9897 current LCU per US$ of GDP | -0.1% |
| 2004 | 0.9897 current LCU per US$ of GDP | -0.0% |
| 2005 | 0.9884 current LCU per US$ of GDP | -0.1% |
| 2006 | 1.07 current LCU per US$ of GDP | +8.0% |
| 2007 | 1.07 current LCU per US$ of GDP | -0.0% |
| 2008 | 1.06 current LCU per US$ of GDP | -0.4% |
| 2009 | 1.07 current LCU per US$ of GDP | +0.5% |
| 2010 | 1.07 current LCU per US$ of GDP | -0.0% |
| 2011 | 0.9887 current LCU per US$ of GDP | -7.5% |
| 2012 | 0.9887 current LCU per US$ of GDP | +0.0% |
| 2013 | 0.9885 current LCU per US$ of GDP | -0.0% |
| 2014 | 0.9897 current LCU per US$ of GDP | +0.1% |
| 2015 | 0.9895 current LCU per US$ of GDP | -0.0% |
| 2016 | 0.9893 current LCU per US$ of GDP | -0.0% |
| 2017 | 0.9897 current LCU per US$ of GDP | +0.0% |
| 2018 | 0.9887 current LCU per US$ of GDP | -0.1% |
| 2019 | 0.9852 current LCU per US$ of GDP | -0.4% |
| 2020 | 0.9929 current LCU per US$ of GDP | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7797 current LCU per US$ of GDP | 0.6648 current LCU per US$ of GDP | 0.9094 current LCU per US$ of GDP | 10 |
| 1980s | 0.7494 current LCU per US$ of GDP | 0.6535 current LCU per US$ of GDP | 0.8173 current LCU per US$ of GDP | 10 |
| 1990s | 0.7963 current LCU per US$ of GDP | 0.6099 current LCU per US$ of GDP | 0.9867 current LCU per US$ of GDP | 10 |
| 2000s | 1.02 current LCU per US$ of GDP | 0.9871 current LCU per US$ of GDP | 1.07 current LCU per US$ of GDP | 10 |
| 2010s | 0.9967 current LCU per US$ of GDP | 0.9852 current LCU per US$ of GDP | 1.07 current LCU per US$ of GDP | 10 |
| 2020s | 0.9929 current LCU per US$ of GDP | 0.9929 current LCU per US$ of GDP | 0.9929 current LCU per US$ of GDP | 1 |
Countries ranked near Cuba
- 153 Singapore 1.23 current LCU per US$ of GDP compare
- 154 East Timor 1.04 current LCU per US$ of GDP compare
- 155 Puerto Rico 0.9962 current LCU per US$ of GDP compare
- 157 Tuvalu 0.9798 current LCU per US$ of GDP compare
- 158 Marshall Islands 0.9756 current LCU per US$ of GDP compare
- 159 Panama 0.9754 current LCU per US$ of GDP 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 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 2015 US$), per 7,350 constant 2015 US$ per person (2024)
- 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) (current lcu), per unit of gdp in Cuba?
- Gross value added at basic prices (gva) (current lcu), per unit of gdp in Cuba was 0.9929 current LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 1.07 current LCU per US$ of GDP in 2009.
- What is the lowest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.6099 current LCU per US$ of GDP in 1994.
- How does Cuba rank for gross value added at basic prices (gva) (current lcu), per unit of gdp?
- Cuba ranks 156th out of 205 countries with data for 2020.
- Is gross value added at basic prices (gva) (current lcu), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 7.1%. 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) (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) 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 value added at basic prices (GVA) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.