Imports of goods and services (current LCU), per unit of GDP (LCU) in Cuba
Cuba: Imports of goods and services (current LCU), per unit of GDP (LCU) was 0.0751 current LCU per US$ of GDP in 2020. ▼ Falling
Imports of goods and services (current LCU), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for imports of goods and services (current lcu), per unit of gdp in Cuba is 0.0751 current LCU per US$ of GDP, measured in 2020. That is the lowest value across all 51 years on record.
The figure is down 29.2% on the previous year and down 60.7% over ten years.
Over the whole period, imports of goods and services (current lcu), per unit of gdp in Cuba peaked at 0.4418 current LCU per US$ of GDP in 1971 and was at its lowest, 0.0751 current LCU per US$ of GDP, in 2020.
Cuba ranks 193rd of 193 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 51 years of available data.
Imports of goods and services (current LCU), per unit of GDP (LCU) in Cuba, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.4418 current LCU per US$ of GDP | — |
| 1971 | 0.4418 current LCU per US$ of GDP | +0.0% |
| 1972 | 0.4211 current LCU per US$ of GDP | -4.7% |
| 1973 | 0.3662 current LCU per US$ of GDP | -13.0% |
| 1974 | 0.3622 current LCU per US$ of GDP | -1.1% |
| 1975 | 0.3624 current LCU per US$ of GDP | +0.0% |
| 1976 | 0.3628 current LCU per US$ of GDP | +0.1% |
| 1977 | 0.3667 current LCU per US$ of GDP | +1.1% |
| 1978 | 0.34 current LCU per US$ of GDP | -7.3% |
| 1979 | 0.3222 current LCU per US$ of GDP | -5.2% |
| 1980 | 0.3188 current LCU per US$ of GDP | -1.1% |
| 1981 | 0.3668 current LCU per US$ of GDP | +15.1% |
| 1982 | 0.3753 current LCU per US$ of GDP | +2.3% |
| 1983 | 0.3778 current LCU per US$ of GDP | +0.7% |
| 1984 | 0.3875 current LCU per US$ of GDP | +2.6% |
| 1985 | 0.4119 current LCU per US$ of GDP | +6.3% |
| 1986 | 0.3649 current LCU per US$ of GDP | -11.4% |
| 1987 | 0.3453 current LCU per US$ of GDP | -5.4% |
| 1988 | 0.3268 current LCU per US$ of GDP | -5.4% |
| 1989 | 0.3493 current LCU per US$ of GDP | +6.9% |
| 1990 | 0.3074 current LCU per US$ of GDP | -12.0% |
| 1991 | 0.213 current LCU per US$ of GDP | -30.7% |
| 1992 | 0.1349 current LCU per US$ of GDP | -36.7% |
| 1993 | 0.1163 current LCU per US$ of GDP | -13.8% |
| 1994 | 0.1076 current LCU per US$ of GDP | -7.5% |
| 1995 | 0.1246 current LCU per US$ of GDP | +15.8% |
| 1996 | 0.1731 current LCU per US$ of GDP | +38.9% |
| 1997 | 0.1783 current LCU per US$ of GDP | +3.0% |
| 1998 | 0.1825 current LCU per US$ of GDP | +2.4% |
| 1999 | 0.1733 current LCU per US$ of GDP | -5.0% |
| 2000 | 0.1695 current LCU per US$ of GDP | -2.2% |
| 2001 | 0.1613 current LCU per US$ of GDP | -4.8% |
| 2002 | 0.132 current LCU per US$ of GDP | -18.1% |
| 2003 | 0.1364 current LCU per US$ of GDP | +3.3% |
| 2004 | 0.1529 current LCU per US$ of GDP | +12.1% |
| 2005 | 0.1834 current LCU per US$ of GDP | +20.0% |
| 2006 | 0.1995 current LCU per US$ of GDP | +8.8% |
| 2007 | 0.1904 current LCU per US$ of GDP | -4.6% |
| 2008 | 0.263 current LCU per US$ of GDP | +38.1% |
| 2009 | 0.1669 current LCU per US$ of GDP | -36.5% |
| 2010 | 0.1914 current LCU per US$ of GDP | +14.7% |
| 2011 | 0.2186 current LCU per US$ of GDP | +14.2% |
| 2012 | 0.2036 current LCU per US$ of GDP | -6.9% |
| 2013 | 0.2022 current LCU per US$ of GDP | -0.6% |
| 2014 | 0.1719 current LCU per US$ of GDP | -15.0% |
| 2015 | 0.1447 current LCU per US$ of GDP | -15.8% |
| 2016 | 0.1229 current LCU per US$ of GDP | -15.1% |
| 2017 | 0.1167 current LCU per US$ of GDP | -5.0% |
| 2018 | 0.1256 current LCU per US$ of GDP | +7.6% |
| 2019 | 0.1061 current LCU per US$ of GDP | -15.6% |
| 2020 | 0.0751 current LCU per US$ of GDP | -29.2% |
Cuba compared with similar countries
- Cuba's 0.0751 current LCU per US$ of GDP is below the median for upper middle income countries, which is 7.75 current LCU per US$ of GDP, 1% of the median. (53 countries reporting)
- Cuba's 0.0751 current LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 1.77 current LCU per US$ of GDP, 4% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3787 current LCU per US$ of GDP | 0.3222 current LCU per US$ of GDP | 0.4418 current LCU per US$ of GDP | 10 |
| 1980s | 0.3624 current LCU per US$ of GDP | 0.3188 current LCU per US$ of GDP | 0.4119 current LCU per US$ of GDP | 10 |
| 1990s | 0.1711 current LCU per US$ of GDP | 0.1076 current LCU per US$ of GDP | 0.3074 current LCU per US$ of GDP | 10 |
| 2000s | 0.1755 current LCU per US$ of GDP | 0.132 current LCU per US$ of GDP | 0.263 current LCU per US$ of GDP | 10 |
| 2010s | 0.1604 current LCU per US$ of GDP | 0.1061 current LCU per US$ of GDP | 0.2186 current LCU per US$ of GDP | 10 |
| 2020s | 0.0751 current LCU per US$ of GDP | 0.0751 current LCU per US$ of GDP | 0.0751 current LCU per US$ of GDP | 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 imports of goods and services (current lcu), per unit of gdp in Cuba?
- Imports of goods and services (current lcu), per unit of gdp in Cuba was 0.0751 current LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest imports of goods and services (current lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.4418 current LCU per US$ of GDP in 1971.
- What is the lowest imports of goods and services (current lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.0751 current LCU per US$ of GDP in 2020.
- How does Cuba rank for imports of goods and services (current lcu), per unit of gdp?
- Cuba ranks 193rd out of 193 countries with data for 2020.
- Is imports of goods and services (current lcu), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 60.7%. The long-run trend across the full record is falling.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Imports of goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Imports of goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.