Households and NPISHs Final consumption expenditure (current US$) (US) in Cuba
Cuba: Households and NPISHs Final consumption expenditure (current US$) (US) was 54.34 billion current US$ in 2020. ◆ Volatile
Households and NPISHs Final consumption expenditure in Cuba, 1970–2020
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2020, households and npishs final consumption expenditure in Cuba stood at 54.34 billion current US$.
Compared with earlier readings it is down 3.9% on the previous year and up 81.3% over ten years.
Over the whole period, households and npishs final consumption expenditure in Cuba peaked at 56.54 billion current US$ in 2019 and was at its lowest, 3.11 billion current US$, in 1970.
Cuba ranks 74th of 190 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure (current US$) (US) in Cuba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 3.11 billion current US$ | — |
| 1971 | 3.77 billion current US$ | +21.4% |
| 1972 | 4.44 billion current US$ | +17.7% |
| 1973 | 5.45 billion current US$ | +22.8% |
| 1974 | 6.23 billion current US$ | +14.3% |
| 1975 | 7.11 billion current US$ | +14.1% |
| 1976 | 7.52 billion current US$ | +5.8% |
| 1977 | 7.76 billion current US$ | +3.1% |
| 1978 | 9.75 billion current US$ | +25.8% |
| 1979 | 10.72 billion current US$ | +9.9% |
| 1980 | 10.80 billion current US$ | +0.7% |
| 1981 | 10.97 billion current US$ | +1.6% |
| 1982 | 11.50 billion current US$ | +4.8% |
| 1983 | 12.21 billion current US$ | +6.2% |
| 1984 | 13.28 billion current US$ | +8.7% |
| 1985 | 11.82 billion current US$ | -11.0% |
| 1986 | 13.47 billion current US$ | +14.0% |
| 1987 | 14.36 billion current US$ | +6.5% |
| 1988 | 15.27 billion current US$ | +6.4% |
| 1989 | 15.24 billion current US$ | -0.2% |
| 1990 | 15.44 billion current US$ | +1.3% |
| 1991 | 14.44 billion current US$ | -6.5% |
| 1992 | 13.48 billion current US$ | -6.6% |
| 1993 | 13.85 billion current US$ | +2.7% |
| 1994 | 19.33 billion current US$ | +39.5% |
| 1995 | 21.46 billion current US$ | +11.0% |
| 1996 | 14.90 billion current US$ | -30.6% |
| 1997 | 15.50 billion current US$ | +4.1% |
| 1998 | 16.25 billion current US$ | +4.8% |
| 1999 | 17.59 billion current US$ | +8.3% |
| 2000 | 18.56 billion current US$ | +5.5% |
| 2001 | 19.18 billion current US$ | +3.4% |
| 2002 | 19.61 billion current US$ | +2.2% |
| 2003 | 20.98 billion current US$ | +7.0% |
| 2004 | 21.01 billion current US$ | +0.1% |
| 2005 | 22.56 billion current US$ | +7.4% |
| 2006 | 27.25 billion current US$ | +20.8% |
| 2007 | 28.05 billion current US$ | +3.0% |
| 2008 | 27.62 billion current US$ | -1.6% |
| 2009 | 27.65 billion current US$ | +0.1% |
| 2010 | 29.97 billion current US$ | +8.4% |
| 2011 | 36.47 billion current US$ | +21.7% |
| 2012 | 39.76 billion current US$ | +9.0% |
| 2013 | 41.88 billion current US$ | +5.3% |
| 2014 | 44.43 billion current US$ | +6.1% |
| 2015 | 48.55 billion current US$ | +9.3% |
| 2016 | 51.03 billion current US$ | +5.1% |
| 2017 | 54.22 billion current US$ | +6.3% |
| 2018 | 55.99 billion current US$ | +3.3% |
| 2019 | 56.54 billion current US$ | +1.0% |
| 2020 | 54.34 billion current US$ | -3.9% |
Cuba compared with similar countries
- Cuba's 54.34 billion current US$ is above the median for upper middle income countries, which is 38.80 billion current US$, 1.4× the median. (52 countries reporting)
- Cuba's 54.34 billion current US$ is above the median for Latin America & Caribbean, which is 38.38 billion current US$, 1.4× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Households and NPISHs Final consumption expenditure (current US$) (US) 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 |
|---|---|---|---|
| 1996 | -30.6% | 21.46 billion current US$ | 14.90 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.59 billion current US$ | 3.11 billion current US$ | 10.72 billion current US$ | 10 |
| 1980s | 12.89 billion current US$ | 10.80 billion current US$ | 15.27 billion current US$ | 10 |
| 1990s | 16.22 billion current US$ | 13.48 billion current US$ | 21.46 billion current US$ | 10 |
| 2000s | 23.25 billion current US$ | 18.56 billion current US$ | 28.05 billion current US$ | 10 |
| 2010s | 45.88 billion current US$ | 29.97 billion current US$ | 56.54 billion current US$ | 10 |
| 2020s | 54.34 billion current US$ | 54.34 billion current US$ | 54.34 billion current US$ | 1 |
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 54.34 billion current US$ in 2020, 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 56.54 billion current US$ in 2019.
- What is the lowest households and npishs final consumption expenditure recorded in Cuba?
- The lowest recorded value was 3.11 billion current US$ in 1970.
- How does Cuba rank for households and npishs final consumption expenditure?
- Cuba ranks 74th out of 190 countries with data for 2020.
- Is households and npishs final consumption expenditure rising or falling in Cuba?
- Over the last ten years it is up 81.3%. 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.