Imports of goods and services (current LCU) in Cuba
Cuba: Imports of goods and services (current LCU) was 893.75 billion current LCU in 2024. ◆ Volatile
Imports of goods and services in Cuba, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, imports of goods and services in Cuba stood at 893.75 billion current LCU. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 43.9% on the previous year and up 6,346.1% over ten years.
Over the whole period, imports of goods and services in Cuba peaked at 893.75 billion current LCU in 2024 and was at its lowest, 2.52 billion current LCU, in 1970.
That places Cuba 83rd out of 193 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.
Imports of goods and services (current LCU) in Cuba, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 2.52 billion current LCU | — |
| 1971 | 3.06 billion current LCU | +21.5% |
| 1972 | 3.43 billion current LCU | +12.1% |
| 1973 | 3.66 billion current LCU | +6.8% |
| 1974 | 4.13 billion current LCU | +12.9% |
| 1975 | 4.72 billion current LCU | +14.3% |
| 1976 | 5.00 billion current LCU | +6.0% |
| 1977 | 5.21 billion current LCU | +4.1% |
| 1978 | 6.07 billion current LCU | +16.4% |
| 1979 | 6.31 billion current LCU | +4.0% |
| 1980 | 6.35 billion current LCU | +0.6% |
| 1981 | 7.39 billion current LCU | +16.4% |
| 1982 | 7.86 billion current LCU | +6.4% |
| 1983 | 8.39 billion current LCU | +6.7% |
| 1984 | 9.32 billion current LCU | +11.0% |
| 1985 | 9.44 billion current LCU | +1.4% |
| 1986 | 8.84 billion current LCU | -6.4% |
| 1987 | 8.71 billion current LCU | -1.5% |
| 1988 | 8.97 billion current LCU | +3.1% |
| 1989 | 9.44 billion current LCU | +5.2% |
| 1990 | 8.81 billion current LCU | -6.7% |
| 1991 | 5.18 billion current LCU | -41.2% |
| 1992 | 2.98 billion current LCU | -42.5% |
| 1993 | 2.60 billion current LCU | -12.7% |
| 1994 | 3.06 billion current LCU | +17.6% |
| 1995 | 3.79 billion current LCU | +23.9% |
| 1996 | 4.33 billion current LCU | +14.2% |
| 1997 | 4.52 billion current LCU | +4.4% |
| 1998 | 4.70 billion current LCU | +3.9% |
| 1999 | 4.92 billion current LCU | +4.7% |
| 2000 | 5.18 billion current LCU | +5.4% |
| 2001 | 5.11 billion current LCU | -1.4% |
| 2002 | 4.43 billion current LCU | -13.2% |
| 2003 | 4.90 billion current LCU | +10.4% |
| 2004 | 5.84 billion current LCU | +19.3% |
| 2005 | 7.82 billion current LCU | +33.9% |
| 2006 | 9.74 billion current LCU | +24.6% |
| 2007 | 10.33 billion current LCU | +6.0% |
| 2008 | 14.81 billion current LCU | +43.3% |
| 2009 | 9.59 billion current LCU | -35.2% |
| 2010 | 11.40 billion current LCU | +18.8% |
| 2011 | 15.08 billion current LCU | +32.3% |
| 2012 | 14.89 billion current LCU | -1.3% |
| 2013 | 15.60 billion current LCU | +4.8% |
| 2014 | 13.87 billion current LCU | -11.1% |
| 2015 | 12.61 billion current LCU | -9.1% |
| 2016 | 11.23 billion current LCU | -10.9% |
| 2017 | 11.30 billion current LCU | +0.7% |
| 2018 | 12.57 billion current LCU | +11.2% |
| 2019 | 10.97 billion current LCU | -12.7% |
| 2020 | 8.07 billion current LCU | -26.5% |
| 2021 | 246.06 billion current LCU | +2950.2% |
| 2022 | 337.89 billion current LCU | +37.3% |
| 2023 | 621.14 billion current LCU | +83.8% |
| 2024 | 893.75 billion current LCU | +43.9% |
Cuba compared with similar countries
- Cuba's 893.75 billion current LCU is above the median for upper middle income countries, which is 893.75 billion current LCU, 1.0× the median. (53 countries reporting)
- Cuba's 893.75 billion current LCU is above the median for Latin America & Caribbean, which is 293.27 billion current LCU, 3.0× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Imports of goods and services (current LCU) 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 |
|---|---|---|---|
| 2021 | +2950.2% | 8.07 billion current LCU | 246.06 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.41 billion current LCU | 2.52 billion current LCU | 6.31 billion current LCU | 10 |
| 1980s | 8.47 billion current LCU | 6.35 billion current LCU | 9.44 billion current LCU | 10 |
| 1990s | 4.49 billion current LCU | 2.60 billion current LCU | 8.81 billion current LCU | 10 |
| 2000s | 7.78 billion current LCU | 4.43 billion current LCU | 14.81 billion current LCU | 10 |
| 2010s | 12.95 billion current LCU | 10.97 billion current LCU | 15.60 billion current LCU | 10 |
| 2020s | 421.38 billion current LCU | 8.07 billion current LCU | 893.75 billion current LCU | 5 |
Countries ranked near Cuba
- 80 Canada 1.04 trillion current LCU compare
- 81 France 1.01 trillion current LCU compare
- 82 United Kingdom 968.51 billion current LCU compare
- 84 Morocco 871.94 billion current LCU compare
- 85 Afghanistan 858.87 billion current LCU compare
- 86 Netherlands 819.14 billion current LCU 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 in Cuba?
- Imports of goods and services in Cuba was 893.75 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in Cuba?
- The highest recorded value was 893.75 billion current LCU in 2024.
- What is the lowest imports of goods and services recorded in Cuba?
- The lowest recorded value was 2.52 billion current LCU in 1970.
- How does Cuba rank for imports of goods and services?
- Cuba ranks 83rd out of 193 countries with data for 2024.
- Is imports of goods and services rising or falling in Cuba?
- Over the last ten years it is up 6,346.1%. 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 Imports of goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.