Households and NPISHs Final consumption expenditure (current LCU) in Cuba
Cuba: Households and NPISHs Final consumption expenditure (current LCU) was 985.86 billion current LCU in 2024. ◆ Volatile
Households and NPISHs Final consumption expenditure in Cuba, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Cuba recorded 985.86 billion current LCU for households and npishs final consumption expenditure in 2024. That is the highest value across all 55 years on record.
That represents a change of up 46.5% on the previous year and up 2,118.8% over ten years.
Over the whole period, households and npishs final consumption expenditure in Cuba peaked at 985.86 billion current LCU in 2024 and was at its lowest, 3.11 billion current LCU, in 1970.
That places Cuba 92nd out of 190 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure (current LCU) in Cuba, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 3.11 billion current LCU | — |
| 1971 | 3.77 billion current LCU | +21.4% |
| 1972 | 4.23 billion current LCU | +12.1% |
| 1973 | 4.52 billion current LCU | +6.8% |
| 1974 | 5.11 billion current LCU | +13.0% |
| 1975 | 5.83 billion current LCU | +14.1% |
| 1976 | 6.18 billion current LCU | +5.9% |
| 1977 | 6.44 billion current LCU | +4.3% |
| 1978 | 7.51 billion current LCU | +16.7% |
| 1979 | 7.83 billion current LCU | +4.2% |
| 1980 | 7.78 billion current LCU | -0.7% |
| 1981 | 9.11 billion current LCU | +17.1% |
| 1982 | 9.77 billion current LCU | +7.3% |
| 1983 | 10.49 billion current LCU | +7.3% |
| 1984 | 11.66 billion current LCU | +11.2% |
| 1985 | 10.83 billion current LCU | -7.2% |
| 1986 | 11.23 billion current LCU | +3.7% |
| 1987 | 11.29 billion current LCU | +0.5% |
| 1988 | 11.58 billion current LCU | +2.6% |
| 1989 | 11.89 billion current LCU | +2.7% |
| 1990 | 11.61 billion current LCU | -2.4% |
| 1991 | 10.58 billion current LCU | -8.9% |
| 1992 | 9.98 billion current LCU | -5.7% |
| 1993 | 10.25 billion current LCU | +2.7% |
| 1994 | 14.31 billion current LCU | +39.5% |
| 1995 | 16.81 billion current LCU | +17.5% |
| 1996 | 14.90 billion current LCU | -11.4% |
| 1997 | 15.50 billion current LCU | +4.1% |
| 1998 | 16.25 billion current LCU | +4.8% |
| 1999 | 17.59 billion current LCU | +8.3% |
| 2000 | 18.56 billion current LCU | +5.5% |
| 2001 | 19.18 billion current LCU | +3.4% |
| 2002 | 19.61 billion current LCU | +2.2% |
| 2003 | 20.98 billion current LCU | +7.0% |
| 2004 | 21.01 billion current LCU | +0.1% |
| 2005 | 22.56 billion current LCU | +7.4% |
| 2006 | 29.43 billion current LCU | +30.5% |
| 2007 | 30.30 billion current LCU | +3.0% |
| 2008 | 29.83 billion current LCU | -1.6% |
| 2009 | 29.86 billion current LCU | +0.1% |
| 2010 | 32.37 billion current LCU | +8.4% |
| 2011 | 36.47 billion current LCU | +12.7% |
| 2012 | 39.76 billion current LCU | +9.0% |
| 2013 | 41.88 billion current LCU | +5.3% |
| 2014 | 44.43 billion current LCU | +6.1% |
| 2015 | 48.55 billion current LCU | +9.3% |
| 2016 | 51.03 billion current LCU | +5.1% |
| 2017 | 54.22 billion current LCU | +6.3% |
| 2018 | 55.99 billion current LCU | +3.3% |
| 2019 | 56.54 billion current LCU | +1.0% |
| 2020 | 54.34 billion current LCU | -3.9% |
| 2021 | 286.78 billion current LCU | +427.7% |
| 2022 | 391.84 billion current LCU | +36.6% |
| 2023 | 672.82 billion current LCU | +71.7% |
| 2024 | 985.86 billion current LCU | +46.5% |
Cuba compared with similar countries
- Cuba's 985.86 billion current LCU is below the median for upper middle income countries, which is 1.12 trillion current LCU, 88% of the median. (52 countries reporting)
- Cuba's 985.86 billion current LCU is above the median for Latin America & Caribbean, which is 659.20 billion current LCU, 1.5× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Households and NPISHs Final consumption expenditure (current LCU) in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +427.7% | 54.34 billion current LCU | 286.78 billion current LCU |
| 2023 | +71.7% | 391.84 billion current LCU | 672.82 billion current LCU |
| 2024 | +46.5% | 672.82 billion current LCU | 985.86 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.45 billion current LCU | 3.11 billion current LCU | 7.83 billion current LCU | 10 |
| 1980s | 10.56 billion current LCU | 7.78 billion current LCU | 11.89 billion current LCU | 10 |
| 1990s | 13.78 billion current LCU | 9.98 billion current LCU | 17.59 billion current LCU | 10 |
| 2000s | 24.13 billion current LCU | 18.56 billion current LCU | 30.30 billion current LCU | 10 |
| 2010s | 46.12 billion current LCU | 32.37 billion current LCU | 56.54 billion current LCU | 10 |
| 2020s | 478.33 billion current LCU | 54.34 billion current LCU | 985.86 billion current LCU | 5 |
Countries ranked near Cuba
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 985.86 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure recorded in Cuba?
- The highest recorded value was 985.86 billion current LCU in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Cuba?
- The lowest recorded value was 3.11 billion current LCU in 1970.
- How does Cuba rank for households and npishs final consumption expenditure?
- Cuba ranks 92nd out of 190 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 2,118.8%. 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 Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.