Gross value added at basic prices (GVA) (current US$), per unit of GDP in Cuba
Cuba: Gross value added at basic prices (GVA) (current US$), per unit of GDP was 0.9929 current US$ per US$ of GDP in 2020. ▲ Rising
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross value added at basic prices (gva) (current us$), per unit of gdp in Cuba is 0.9929 current US$ per US$ of GDP, measured in 2020. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 0.8% on the previous year and up 0.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), per unit of gdp in Cuba peaked at 0.9929 current US$ per US$ of GDP in 2020 and was at its lowest, 0.7852 current US$ per US$ of GDP, in 1995.
Cuba ranks 19th of 205 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 51 years of available data.
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Cuba, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.9094 current US$ per US$ of GDP | — |
| 1971 | 0.9094 current US$ per US$ of GDP | -0.0% |
| 1972 | 0.9094 current US$ per US$ of GDP | -0.0% |
| 1973 | 0.9094 current US$ per US$ of GDP | +0.0% |
| 1974 | 0.9096 current US$ per US$ of GDP | +0.0% |
| 1975 | 0.9093 current US$ per US$ of GDP | -0.0% |
| 1976 | 0.9091 current US$ per US$ of GDP | -0.0% |
| 1977 | 0.9093 current US$ per US$ of GDP | +0.0% |
| 1978 | 0.9098 current US$ per US$ of GDP | +0.1% |
| 1979 | 0.9107 current US$ per US$ of GDP | +0.1% |
| 1980 | 0.9077 current US$ per US$ of GDP | -0.3% |
| 1981 | 0.9079 current US$ per US$ of GDP | +0.0% |
| 1982 | 0.9103 current US$ per US$ of GDP | +0.3% |
| 1983 | 0.9124 current US$ per US$ of GDP | +0.2% |
| 1984 | 0.9153 current US$ per US$ of GDP | +0.3% |
| 1985 | 0.8923 current US$ per US$ of GDP | -2.5% |
| 1986 | 0.9092 current US$ per US$ of GDP | +1.9% |
| 1987 | 0.9224 current US$ per US$ of GDP | +1.5% |
| 1988 | 0.9227 current US$ per US$ of GDP | +0.0% |
| 1989 | 0.93 current US$ per US$ of GDP | +0.8% |
| 1990 | 0.9318 current US$ per US$ of GDP | +0.2% |
| 1991 | 0.9599 current US$ per US$ of GDP | +3.0% |
| 1992 | 0.9462 current US$ per US$ of GDP | -1.4% |
| 1993 | 0.9323 current US$ per US$ of GDP | -1.5% |
| 1994 | 0.8242 current US$ per US$ of GDP | -11.6% |
| 1995 | 0.7852 current US$ per US$ of GDP | -4.7% |
| 1996 | 0.985 current US$ per US$ of GDP | +25.4% |
| 1997 | 0.9867 current US$ per US$ of GDP | +0.2% |
| 1998 | 0.986 current US$ per US$ of GDP | -0.1% |
| 1999 | 0.9863 current US$ per US$ of GDP | +0.0% |
| 2000 | 0.9871 current US$ per US$ of GDP | +0.1% |
| 2001 | 0.9873 current US$ per US$ of GDP | +0.0% |
| 2002 | 0.9905 current US$ per US$ of GDP | +0.3% |
| 2003 | 0.9897 current US$ per US$ of GDP | -0.1% |
| 2004 | 0.9897 current US$ per US$ of GDP | -0.0% |
| 2005 | 0.9884 current US$ per US$ of GDP | -0.1% |
| 2006 | 0.9888 current US$ per US$ of GDP | +0.0% |
| 2007 | 0.9887 current US$ per US$ of GDP | -0.0% |
| 2008 | 0.9853 current US$ per US$ of GDP | -0.4% |
| 2009 | 0.9899 current US$ per US$ of GDP | +0.5% |
| 2010 | 0.9898 current US$ per US$ of GDP | -0.0% |
| 2011 | 0.9887 current US$ per US$ of GDP | -0.1% |
| 2012 | 0.9887 current US$ per US$ of GDP | +0.0% |
| 2013 | 0.9885 current US$ per US$ of GDP | -0.0% |
| 2014 | 0.9897 current US$ per US$ of GDP | +0.1% |
| 2015 | 0.9895 current US$ per US$ of GDP | -0.0% |
| 2016 | 0.9893 current US$ per US$ of GDP | -0.0% |
| 2017 | 0.9897 current US$ per US$ of GDP | +0.0% |
| 2018 | 0.9887 current US$ per US$ of GDP | -0.1% |
| 2019 | 0.9852 current US$ per US$ of GDP | -0.4% |
| 2020 | 0.9929 current US$ per US$ of GDP | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9095 current US$ per US$ of GDP | 0.9091 current US$ per US$ of GDP | 0.9107 current US$ per US$ of GDP | 10 |
| 1980s | 0.913 current US$ per US$ of GDP | 0.8923 current US$ per US$ of GDP | 0.93 current US$ per US$ of GDP | 10 |
| 1990s | 0.9324 current US$ per US$ of GDP | 0.7852 current US$ per US$ of GDP | 0.9867 current US$ per US$ of GDP | 10 |
| 2000s | 0.9885 current US$ per US$ of GDP | 0.9853 current US$ per US$ of GDP | 0.9905 current US$ per US$ of GDP | 10 |
| 2010s | 0.9888 current US$ per US$ of GDP | 0.9852 current US$ per US$ of GDP | 0.9898 current US$ per US$ of GDP | 10 |
| 2020s | 0.9929 current US$ per US$ of GDP | 0.9929 current US$ per US$ of GDP | 0.9929 current US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 16 Puerto Rico 0.9962 current US$ per US$ of GDP compare
- 17 Syria 0.9952 current US$ per US$ of GDP compare
- 18 Qatar 0.9944 current US$ per US$ of GDP compare
- 20 Japan 0.9917 current US$ per US$ of GDP compare
- 21 Angola 0.9914 current US$ per US$ of GDP compare
- 22 Equatorial Guinea 0.9908 current US$ per US$ of GDP compare
More economy & growth data for Cuba
- Gross value added at basic prices (GVA) (current US$), annual growth 4.6 % change on previous year (2020)
- Gross value added at basic prices (GVA) (current US$), per capita 9,537 current US$ per person (2020)
- 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 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)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), per unit of gdp in Cuba?
- Gross value added at basic prices (gva) (current us$), per unit of gdp in Cuba was 0.9929 current US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.9929 current US$ per US$ of GDP in 2020.
- What is the lowest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.7852 current US$ per US$ of GDP in 1995.
- How does Cuba rank for gross value added at basic prices (gva) (current us$), per unit of gdp?
- Cuba ranks 19th out of 205 countries with data for 2020.
- Is gross value added at basic prices (gva) (current us$), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is up 0.3%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.