Households and NPISHs final consumption expenditure: linked series in Cuba
Cuba: Households and NPISHs final consumption expenditure: linked series was 985.86 billion current LCU in 2024. ◆ Volatile
Households and NPISHs final consumption expenditure: linked series in Cuba, 1990–2024
Source: Staff estimates, World Bank (WB). Measured in current LCU.
Analysis
In 2024, households and npishs final consumption expenditure: linked series in Cuba stood at 985.86 billion current LCU. That is the highest value across all 35 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: linked series in Cuba peaked at 985.86 billion current LCU in 2024 and was at its lowest, 9.98 billion current LCU, in 1992.
That places Cuba 92nd out of 187 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: linked series in Cuba, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 11.61 billion current LCU | — |
| 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% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 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
- Gross value added at basic prices (GVA) (current US$), annual growth 4.6 % change on previous year (2020)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9929 current US$ per US$ of GDP (2020)
- Gross value added at basic prices (GVA) (current US$), per capita 9,537 current US$ per person (2020)
- Gross value added at basic prices (GVA) (current LCU), annual growth 29.99 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.9929 current LCU per US$ of GDP (2020)
- Gross value added at basic prices (GVA) (current LCU), per capita 97,292 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -1.01 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7499 constant 2015 US$ per US$ of GDP (2020)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 7,350 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -1.01 % change on previous year (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure: linked series in Cuba?
- Households and npishs final consumption expenditure: linked series in Cuba was 985.86 billion current LCU in 2024, according to Staff estimates, World Bank (WB).
- What is the highest households and npishs final consumption expenditure: linked series 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: linked series recorded in Cuba?
- The lowest recorded value was 9.98 billion current LCU in 1992.
- How does Cuba rank for households and npishs final consumption expenditure: linked series?
- Cuba ranks 92nd out of 187 countries with data for 2024.
- Is households and npishs final consumption expenditure: linked series 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 Staff estimates, World Bank (WB), published as part of Households and NPISHs final consumption expenditure: linked series (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. 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.