Households and NPISHs Final consumption expenditure in Cuba
Cuba: Households and NPISHs Final consumption expenditure was 31.12 billion constant LCU in 2024. ▲ Rising
Latest (2024)
31.12 billion constant LCU
Change on year
up 0.1%
World rank
139th
of 178 countries
All-time high
33.54 billion constant LCU
in 2018
All-time low
9.23 billion constant LCU
in 1970
Years of data
55
1970–2024
Households and NPISHs Final consumption expenditure in Cuba, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for households and npishs final consumption expenditure in Cuba is 31.12 billion constant LCU, measured in 2024.
Compared with earlier readings it 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 33.54 billion constant LCU in 2018 and was at its lowest, 9.23 billion constant LCU, in 1970.
That places Cuba 139th out of 178 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Households and NPISHs Final consumption expenditure in Cuba, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 9.23 billion constant LCU | — |
| 1971 | 10.02 billion constant LCU | +8.6% |
| 1972 | 10.50 billion constant LCU | +4.8% |
| 1973 | 10.86 billion constant LCU | +3.4% |
| 1974 | 10.97 billion constant LCU | +1.0% |
| 1975 | 12.01 billion constant LCU | +9.4% |
| 1976 | 12.65 billion constant LCU | +5.4% |
| 1977 | 13.76 billion constant LCU | +8.8% |
| 1978 | 14.68 billion constant LCU | +6.7% |
| 1979 | 14.86 billion constant LCU | +1.2% |
| 1980 | 14.09 billion constant LCU | -5.2% |
| 1981 | 16.83 billion constant LCU | +19.5% |
| 1982 | 18.44 billion constant LCU | +9.6% |
| 1983 | 19.48 billion constant LCU | +5.7% |
| 1984 | 21.10 billion constant LCU | +8.3% |
| 1985 | 20.82 billion constant LCU | -1.4% |
| 1986 | 21.02 billion constant LCU | +1.0% |
| 1987 | 21.43 billion constant LCU | +1.9% |
| 1988 | 21.92 billion constant LCU | +2.3% |
| 1989 | 22.26 billion constant LCU | +1.6% |
| 1990 | 20.80 billion constant LCU | -6.6% |
| 1991 | 18.67 billion constant LCU | -10.2% |
| 1992 | 15.34 billion constant LCU | -17.8% |
| 1993 | 13.60 billion constant LCU | -11.3% |
| 1994 | 14.37 billion constant LCU | +5.7% |
| 1995 | 14.58 billion constant LCU | +1.5% |
| 1996 | 15.15 billion constant LCU | +3.9% |
| 1997 | 15.50 billion constant LCU | +2.3% |
| 1998 | 15.79 billion constant LCU | +1.9% |
| 1999 | 16.60 billion constant LCU | +5.1% |
| 2000 | 16.95 billion constant LCU | +2.1% |
| 2001 | 17.60 billion constant LCU | +3.8% |
| 2002 | 17.97 billion constant LCU | +2.1% |
| 2003 | 19.09 billion constant LCU | +6.2% |
| 2004 | 19.38 billion constant LCU | +1.5% |
| 2005 | 19.45 billion constant LCU | +0.4% |
| 2006 | 23.09 billion constant LCU | +18.7% |
| 2007 | 23.44 billion constant LCU | +1.5% |
| 2008 | 23.03 billion constant LCU | -1.8% |
| 2009 | 23.24 billion constant LCU | +0.9% |
| 2010 | 25.06 billion constant LCU | +7.9% |
| 2011 | 25.41 billion constant LCU | +1.4% |
| 2012 | 26.24 billion constant LCU | +3.3% |
| 2013 | 27.59 billion constant LCU | +5.2% |
| 2014 | 28.86 billion constant LCU | +4.6% |
| 2015 | 30.98 billion constant LCU | +7.4% |
| 2016 | 32.26 billion constant LCU | +4.1% |
| 2017 | 32.80 billion constant LCU | +1.7% |
| 2018 | 33.54 billion constant LCU | +2.2% |
| 2019 | 33.25 billion constant LCU | -0.9% |
| 2020 | 30.36 billion constant LCU | -8.7% |
| 2021 | 29.56 billion constant LCU | -2.7% |
| 2022 | 30.17 billion constant LCU | +2.1% |
| 2023 | 31.08 billion constant LCU | +3.0% |
| 2024 | 31.12 billion constant LCU | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.95 billion constant LCU | 9.23 billion constant LCU | 14.86 billion constant LCU | 10 |
| 1980s | 19.74 billion constant LCU | 14.09 billion constant LCU | 22.26 billion constant LCU | 10 |
| 1990s | 16.04 billion constant LCU | 13.60 billion constant LCU | 20.80 billion constant LCU | 10 |
| 2000s | 20.32 billion constant LCU | 16.95 billion constant LCU | 23.44 billion constant LCU | 10 |
| 2010s | 29.60 billion constant LCU | 25.06 billion constant LCU | 33.54 billion constant LCU | 10 |
| 2020s | 30.46 billion constant LCU | 29.56 billion constant LCU | 31.12 billion constant LCU | 5 |
Countries ranked near Cuba
- 136 Lithuania 32.61 billion constant LCU compare
- 137 Bosnia and Herzegovina 31.49 billion constant LCU compare
- 138 Eritrea 31.17 billion constant LCU compare
- 140 Slovenia 28.59 billion constant LCU compare
- 141 Libya 25.71 billion constant LCU compare
- 142 Luxembourg 25.47 billion constant LCU compare
More economy & growth data for Cuba
- 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)
- GDP (current LCU), annual growth rate 30.82 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2020)
- GDP (current LCU), per capita 98,794 current LCU per person (2024)
- GDP (constant 2015 US$), annual growth rate -1.06 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 0.755 constant 2015 US$ per US$ of GDP (2020)
- GDP (constant 2015 US$), per capita 7,381 constant 2015 US$ per person (2024)
- GDP (constant LCU), annual growth rate -1.06 % change on previous year (2024)
- GDP (constant LCU), per unit of GDP 0.4723 constant LCU 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 31.12 billion constant LCU 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 33.54 billion constant LCU in 2018.
- What is the lowest households and npishs final consumption expenditure recorded in Cuba?
- The lowest recorded value was 9.23 billion constant LCU in 1970.
- How does Cuba rank for households and npishs final consumption expenditure?
- Cuba ranks 139th out of 178 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 LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 varies by country. This series is expressed in local currency units.