Imports of goods and services (current LCU), annual growth rate in Cuba
Cuba: Imports of goods and services (current LCU), annual growth rate was 43.89 % change on previous year in 2024. ◆ Volatile
Imports of goods and services (current LCU), annual growth rate in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, imports of goods and services (current lcu), annual growth rate in Cuba stood at 43.89 % change on previous year.
That represents a change of down 47.6% on the previous year and up 494.2% over ten years.
Over the whole period, imports of goods and services (current lcu), annual growth rate in Cuba peaked at 83.83 % change on previous year in 2023 and was at its lowest, -42.47 % change on previous year, in 1992.
That places Cuba 10th out of 192 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (current LCU), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.46 % change on previous year | — |
| 1972 | 12.12 % change on previous year | -43.5% |
| 1973 | 6.78 % change on previous year | -44.0% |
| 1974 | 12.95 % change on previous year | +90.8% |
| 1975 | 14.26 % change on previous year | +10.2% |
| 1976 | 5.98 % change on previous year | -58.1% |
| 1977 | 4.13 % change on previous year | -30.9% |
| 1978 | 16.44 % change on previous year | +297.7% |
| 1979 | 4.03 % change on previous year | -75.5% |
| 1980 | 0.598 % change on previous year | -85.2% |
| 1981 | 16.43 % change on previous year | +2647.8% |
| 1982 | 6.38 % change on previous year | -61.2% |
| 1983 | 6.67 % change on previous year | +4.6% |
| 1984 | 11.05 % change on previous year | +65.6% |
| 1985 | 1.35 % change on previous year | -87.8% |
| 1986 | -6.37 % change on previous year | -571.9% |
| 1987 | -1.5 % change on previous year | -76.5% |
| 1988 | 3.05 % change on previous year | -303.8% |
| 1989 | 5.2 % change on previous year | +70.2% |
| 1990 | -6.72 % change on previous year | -229.2% |
| 1991 | -41.19 % change on previous year | +513.1% |
| 1992 | -42.47 % change on previous year | +3.1% |
| 1993 | -12.65 % change on previous year | -70.2% |
| 1994 | 17.6 % change on previous year | -239.1% |
| 1995 | 23.9 % change on previous year | +35.8% |
| 1996 | 14.23 % change on previous year | -40.5% |
| 1997 | 4.43 % change on previous year | -68.9% |
| 1998 | 3.86 % change on previous year | -12.8% |
| 1999 | 4.65 % change on previous year | +20.5% |
| 2000 | 5.36 % change on previous year | +15.2% |
| 2001 | -1.36 % change on previous year | -125.3% |
| 2002 | -13.2 % change on previous year | +872.8% |
| 2003 | 10.38 % change on previous year | -178.6% |
| 2004 | 19.32 % change on previous year | +86.1% |
| 2005 | 33.92 % change on previous year | +75.5% |
| 2006 | 24.57 % change on previous year | -27.6% |
| 2007 | 6.04 % change on previous year | -75.4% |
| 2008 | 43.3 % change on previous year | +616.7% |
| 2009 | -35.2 % change on previous year | -181.3% |
| 2010 | 18.82 % change on previous year | -153.5% |
| 2011 | 32.27 % change on previous year | +71.4% |
| 2012 | -1.27 % change on previous year | -103.9% |
| 2013 | 4.8 % change on previous year | -478.6% |
| 2014 | -11.13 % change on previous year | -332.1% |
| 2015 | -9.09 % change on previous year | -18.4% |
| 2016 | -10.94 % change on previous year | +20.4% |
| 2017 | 0.6886 % change on previous year | -106.3% |
| 2018 | 11.18 % change on previous year | +1523.4% |
| 2019 | -12.7 % change on previous year | -213.6% |
| 2020 | -26.47 % change on previous year | +108.4% |
| 2022 | 37.32 % change on previous year | -241.0% |
| 2023 | 83.83 % change on previous year | +124.6% |
| 2024 | 43.89 % change on previous year | -47.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.91 % change on previous year | 4.03 % change on previous year | 21.46 % change on previous year | 9 |
| 1980s | 4.29 % change on previous year | -6.37 % change on previous year | 16.43 % change on previous year | 10 |
| 1990s | -3.44 % change on previous year | -42.47 % change on previous year | 23.9 % change on previous year | 10 |
| 2000s | 9.31 % change on previous year | -35.2 % change on previous year | 43.3 % change on previous year | 10 |
| 2010s | 2.26 % change on previous year | -12.7 % change on previous year | 32.27 % change on previous year | 10 |
| 2020s | 34.64 % change on previous year | -26.47 % change on previous year | 83.83 % change on previous year | 4 |
Countries ranked near Cuba
- 7 Gambia 69.01 % change on previous year compare
- 8 Yemen 64.53 % change on previous year compare
- 9 Iran, Islamic Republic of 51.38 % change on previous year compare
- 11 Ghana 38.52 % change on previous year compare
- 12 Turkmenistan 38.28 % change on previous year compare
- 13 Antigua and Barbuda 35.59 % change on previous year compare
More economy & growth data for Cuba
- Households and NPISHs Final consumption expenditure (current LCU) 46.53 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.5062 current LCU per US$ of GDP (2020)
- Households and NPISHs Final consumption expenditure (current LCU) 89,789 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.1351 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4433 constant 2015 US$ per US$ of GDP (2020)
- Households and NPISHs Final consumption expenditure (constant 2015) 4,443 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 6.87 % change on previous year (2020)
- Final consumption expenditure (current US$), per unit of GDP 0.8947 current US$ per US$ of GDP (2020)
- Final consumption expenditure (current US$), per capita 8,594 current US$ per person (2020)
- Final consumption expenditure (current LCU), annual growth rate 40.33 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (current lcu), annual growth rate in Cuba?
- Imports of goods and services (current lcu), annual growth rate in Cuba was 43.89 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (current lcu), annual growth rate recorded in Cuba?
- The highest recorded value was 83.83 % change on previous year in 2023.
- What is the lowest imports of goods and services (current lcu), annual growth rate recorded in Cuba?
- The lowest recorded value was -42.47 % change on previous year in 1992.
- How does Cuba rank for imports of goods and services (current lcu), annual growth rate?
- Cuba ranks 10th out of 192 countries with data for 2024.
- Is imports of goods and services (current lcu), annual growth rate rising or falling in Cuba?
- Over the last ten years it is up 494.2%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Imports of goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Imports of goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.