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% |
Cuba compared with similar countries
- Cuba's 43.89 % change on previous year is above the median for upper middle income countries, which is 6.48 % change on previous year, 6.8× the median. (52 countries reporting)
- Cuba's 43.89 % change on previous year is above the median for Latin America & Caribbean, which is 9.69 % change on previous year, 4.5× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Imports of goods and services (current LCU), annual growth rate 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 |
|---|---|---|---|
| 1981 | +2647.8% | 0.598 % change on previous year | 16.43 % change on previous year |
| 2018 | +1523.4% | 0.6886 % change on previous year | 11.18 % change on previous year |
| 2002 | -872.8% | -1.36 % change on previous year | -13.2 % change on previous year |
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 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
- 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 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
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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.