Households and NPISHs Final consumption expenditure in Cuba
Cuba: Households and NPISHs Final consumption expenditure was 0.1% in 2024. ◆ Volatile
Households and NPISHs Final consumption expenditure in Cuba, 1971–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Cuba recorded 0.1% for households and npishs final consumption expenditure in 2024.
That represents a change of down 95.5% on the previous year and down 97.1% over ten years.
Over the whole period, households and npishs final consumption expenditure in Cuba peaked at 19.5% in 1981 and was at its lowest, -17.8%, in 1992.
That places Cuba 156th out of 177 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure in Cuba, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | 8.6% | — |
| 1972 | 4.8% | -43.7% |
| 1973 | 3.4% | -28.6% |
| 1974 | 1.0% | -70.5% |
| 1975 | 9.4% | +828.4% |
| 1976 | 5.4% | -43.2% |
| 1977 | 8.8% | +63.3% |
| 1978 | 6.7% | -23.7% |
| 1979 | 1.2% | -81.8% |
| 1980 | -5.2% | -528.2% |
| 1981 | 19.5% | -473.6% |
| 1982 | 9.6% | -50.9% |
| 1983 | 5.7% | -40.6% |
| 1984 | 8.3% | +46.5% |
| 1985 | -1.4% | -116.4% |
| 1986 | 1.0% | -171.0% |
| 1987 | 1.9% | +100.5% |
| 1988 | 2.3% | +17.8% |
| 1989 | 1.6% | -31.0% |
| 1990 | -6.6% | -516.9% |
| 1991 | -10.2% | +55.5% |
| 1992 | -17.8% | +74.3% |
| 1993 | -11.3% | -36.6% |
| 1994 | 5.7% | -150.0% |
| 1995 | 1.5% | -74.0% |
| 1996 | 3.9% | +166.4% |
| 1997 | 2.3% | -41.0% |
| 1998 | 1.9% | -18.8% |
| 1999 | 5.1% | +172.2% |
| 2000 | 2.1% | -59.1% |
| 2001 | 3.8% | +82.8% |
| 2002 | 2.1% | -44.2% |
| 2003 | 6.2% | +190.9% |
| 2004 | 1.5% | -75.2% |
| 2005 | 0.4% | -75.4% |
| 2006 | 18.7% | +4846.9% |
| 2007 | 1.5% | -91.9% |
| 2008 | -1.8% | -216.4% |
| 2009 | 0.9% | -150.8% |
| 2010 | 7.9% | +775.9% |
| 2011 | 1.4% | -82.2% |
| 2012 | 3.3% | +132.4% |
| 2013 | 5.2% | +58.6% |
| 2014 | 4.6% | -11.2% |
| 2015 | 7.4% | +60.4% |
| 2016 | 4.1% | -43.7% |
| 2017 | 1.7% | -59.5% |
| 2018 | 2.2% | +33.9% |
| 2019 | -0.9% | -138.2% |
| 2020 | -8.7% | +913.9% |
| 2021 | -2.7% | -69.4% |
| 2022 | 2.1% | -177.7% |
| 2023 | 3.0% | +46.9% |
| 2024 | 0.1% | -95.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.5% | 1.0% | 9.4% | 9 |
| 1980s | 4.3% | -5.2% | 19.5% | 10 |
| 1990s | -2.6% | -17.8% | 5.7% | 10 |
| 2000s | 3.6% | -1.8% | 18.7% | 10 |
| 2010s | 3.7% | -0.9% | 7.9% | 10 |
| 2020s | -1.2% | -8.7% | 3.0% | 5 |
Countries ranked near Cuba
More economy & growth data for Cuba
- Imports of goods and services (constant 2015 US$), annual growth rate -1.34 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.0908 constant 2015 US$ per US$ of GDP (2020)
- Imports of goods and services (constant 2015 US$), per capita 742.25 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -57.73 % change on previous year (2020)
- External balance on goods and services (current LCU), annual growth -78.36 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 15.36 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0276 current LCU per US$ of GDP (2020)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,225 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -20.53 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0229 constant 2015 US$ per US$ of GDP (2020)
Frequently asked questions
- What is households and npishs final consumption expenditure in Cuba?
- Households and npishs final consumption expenditure in Cuba was 0.1% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Cuba?
- The highest recorded value was 19.5% in 1981.
- What is the lowest households and npishs final consumption expenditure recorded in Cuba?
- The lowest recorded value was -17.8% in 1992.
- How does Cuba rank for households and npishs final consumption expenditure?
- Cuba ranks 156th out of 177 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Cuba?
- Over the last ten years it is down 97.1%. 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 Households and NPISHs Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.