Households and NPISHs Final consumption … 2015 US constant in Cuba
Cuba: Households and NPISHs Final consumption … 2015 US constant was 48.78 billion constant 2015 US$ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure in Cuba, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for households and npishs final consumption expenditure in Cuba is 48.78 billion constant 2015 US$, measured in 2024.
The figure is up 0.1% on the previous year and up 7.9% over ten years.
Over the whole period, households and npishs final consumption expenditure in Cuba peaked at 52.57 billion constant 2015 US$ in 2018 and was at its lowest, 14.46 billion constant 2015 US$, in 1970.
That places Cuba 72nd out of 172 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Households and NPISHs Final consumption … 2015 US constant in Cuba, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 14.46 billion constant 2015 US$ | — |
| 1971 | 15.70 billion constant 2015 US$ | +8.6% |
| 1972 | 16.46 billion constant 2015 US$ | +4.8% |
| 1973 | 17.03 billion constant 2015 US$ | +3.4% |
| 1974 | 17.20 billion constant 2015 US$ | +1.0% |
| 1975 | 18.82 billion constant 2015 US$ | +9.4% |
| 1976 | 19.83 billion constant 2015 US$ | +5.4% |
| 1977 | 21.57 billion constant 2015 US$ | +8.8% |
| 1978 | 23.01 billion constant 2015 US$ | +6.7% |
| 1979 | 23.29 billion constant 2015 US$ | +1.2% |
| 1980 | 22.08 billion constant 2015 US$ | -5.2% |
| 1981 | 26.38 billion constant 2015 US$ | +19.5% |
| 1982 | 28.90 billion constant 2015 US$ | +9.6% |
| 1983 | 30.54 billion constant 2015 US$ | +5.7% |
| 1984 | 33.08 billion constant 2015 US$ | +8.3% |
| 1985 | 32.63 billion constant 2015 US$ | -1.4% |
| 1986 | 32.94 billion constant 2015 US$ | +1.0% |
| 1987 | 33.58 billion constant 2015 US$ | +1.9% |
| 1988 | 34.35 billion constant 2015 US$ | +2.3% |
| 1989 | 34.89 billion constant 2015 US$ | +1.6% |
| 1990 | 32.60 billion constant 2015 US$ | -6.6% |
| 1991 | 29.26 billion constant 2015 US$ | -10.2% |
| 1992 | 24.04 billion constant 2015 US$ | -17.8% |
| 1993 | 21.31 billion constant 2015 US$ | -11.3% |
| 1994 | 22.52 billion constant 2015 US$ | +5.7% |
| 1995 | 22.85 billion constant 2015 US$ | +1.5% |
| 1996 | 23.75 billion constant 2015 US$ | +3.9% |
| 1997 | 24.30 billion constant 2015 US$ | +2.3% |
| 1998 | 24.75 billion constant 2015 US$ | +1.9% |
| 1999 | 26.02 billion constant 2015 US$ | +5.1% |
| 2000 | 26.56 billion constant 2015 US$ | +2.1% |
| 2001 | 27.58 billion constant 2015 US$ | +3.8% |
| 2002 | 28.17 billion constant 2015 US$ | +2.1% |
| 2003 | 29.91 billion constant 2015 US$ | +6.2% |
| 2004 | 30.37 billion constant 2015 US$ | +1.5% |
| 2005 | 30.49 billion constant 2015 US$ | +0.4% |
| 2006 | 36.19 billion constant 2015 US$ | +18.7% |
| 2007 | 36.74 billion constant 2015 US$ | +1.5% |
| 2008 | 36.09 billion constant 2015 US$ | -1.8% |
| 2009 | 36.42 billion constant 2015 US$ | +0.9% |
| 2010 | 39.28 billion constant 2015 US$ | +7.9% |
| 2011 | 39.83 billion constant 2015 US$ | +1.4% |
| 2012 | 41.12 billion constant 2015 US$ | +3.3% |
| 2013 | 43.25 billion constant 2015 US$ | +5.2% |
| 2014 | 45.23 billion constant 2015 US$ | +4.6% |
| 2015 | 48.55 billion constant 2015 US$ | +7.4% |
| 2016 | 50.57 billion constant 2015 US$ | +4.1% |
| 2017 | 51.41 billion constant 2015 US$ | +1.7% |
| 2018 | 52.57 billion constant 2015 US$ | +2.2% |
| 2019 | 52.12 billion constant 2015 US$ | -0.9% |
| 2020 | 47.59 billion constant 2015 US$ | -8.7% |
| 2021 | 46.32 billion constant 2015 US$ | -2.7% |
| 2022 | 47.28 billion constant 2015 US$ | +2.1% |
| 2023 | 48.72 billion constant 2015 US$ | +3.0% |
| 2024 | 48.78 billion constant 2015 US$ | +0.1% |
Cuba compared with similar countries
- Cuba's 48.78 billion constant 2015 US$ is above the median for upper middle income countries, which is 45.47 billion constant 2015 US$, 1.1× the median. (47 countries reporting)
- Cuba's 48.78 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 49.44 billion constant 2015 US$, 99% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.74 billion constant 2015 US$ | 14.46 billion constant 2015 US$ | 23.29 billion constant 2015 US$ | 10 |
| 1980s | 30.94 billion constant 2015 US$ | 22.08 billion constant 2015 US$ | 34.89 billion constant 2015 US$ | 10 |
| 1990s | 25.14 billion constant 2015 US$ | 21.31 billion constant 2015 US$ | 32.60 billion constant 2015 US$ | 10 |
| 2000s | 31.85 billion constant 2015 US$ | 26.56 billion constant 2015 US$ | 36.74 billion constant 2015 US$ | 10 |
| 2010s | 46.39 billion constant 2015 US$ | 39.28 billion constant 2015 US$ | 52.57 billion constant 2015 US$ | 10 |
| 2020s | 47.74 billion constant 2015 US$ | 46.32 billion constant 2015 US$ | 48.78 billion constant 2015 US$ | 5 |
Countries ranked near Cuba
- 69 Kuwait 54.25 billion constant 2015 US$ compare
- 70 Cote d'Ivoire 50.10 billion constant 2015 US$ compare
- 71 Costa Rica 50.09 billion constant 2015 US$ compare
- 73 Belarus 45.47 billion constant 2015 US$ compare
- 74 Croatia 42.58 billion constant 2015 US$ compare
- 75 Yemen 42.54 billion constant 2015 US$ compare
More economy & growth data for Cuba
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, US dollar, per capita 0 units per person (2016)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, SDR, per capita 0 units per person (2016)
- IMF holdings of currency, US dollar, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, US dollar, per capita 0 units per person (2016)
- IMF holdings of currency, SDR, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, SDR, per capita 0 units per person (2016)
Frequently asked questions
- What is households and npishs final consumption expenditure in Cuba?
- Households and npishs final consumption expenditure in Cuba was 48.78 billion constant 2015 US$ 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 52.57 billion constant 2015 US$ in 2018.
- What is the lowest households and npishs final consumption expenditure recorded in Cuba?
- The lowest recorded value was 14.46 billion constant 2015 US$ in 1970.
- How does Cuba rank for households and npishs final consumption expenditure?
- Cuba ranks 72nd out of 172 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Cuba?
- Over the last ten years it is up 7.9%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.