Imports of goods and services (current US$) in Cuba
Cuba: Imports of goods and services (current US$) was 8.07 billion current US$ in 2020. ▲ Rising
Imports of goods and services in Cuba, 1970–2020
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2020, imports of goods and services in Cuba stood at 8.07 billion current US$.
Compared with earlier readings it is down 26.5% on the previous year and down 23.6% over ten years.
Over the whole period, imports of goods and services in Cuba peaked at 15.60 billion current US$ in 2013 and was at its lowest, 2.52 billion current US$, in 1970.
That places Cuba 127th out of 193 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Imports of goods and services (current US$) in Cuba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 2.52 billion current US$ | — |
| 1971 | 3.06 billion current US$ | +21.5% |
| 1972 | 3.59 billion current US$ | +17.7% |
| 1973 | 4.41 billion current US$ | +22.8% |
| 1974 | 5.04 billion current US$ | +14.2% |
| 1975 | 5.76 billion current US$ | +14.3% |
| 1976 | 6.09 billion current US$ | +5.9% |
| 1977 | 6.28 billion current US$ | +3.0% |
| 1978 | 7.88 billion current US$ | +25.5% |
| 1979 | 8.65 billion current US$ | +9.7% |
| 1980 | 8.82 billion current US$ | +2.0% |
| 1981 | 8.91 billion current US$ | +1.0% |
| 1982 | 9.25 billion current US$ | +3.9% |
| 1983 | 9.77 billion current US$ | +5.6% |
| 1984 | 10.60 billion current US$ | +8.6% |
| 1985 | 10.31 billion current US$ | -2.8% |
| 1986 | 10.61 billion current US$ | +2.9% |
| 1987 | 11.07 billion current US$ | +4.4% |
| 1988 | 11.84 billion current US$ | +6.9% |
| 1989 | 12.10 billion current US$ | +2.2% |
| 1990 | 11.71 billion current US$ | -3.2% |
| 1991 | 7.07 billion current US$ | -39.6% |
| 1992 | 4.03 billion current US$ | -43.0% |
| 1993 | 3.52 billion current US$ | -12.7% |
| 1994 | 4.14 billion current US$ | +17.6% |
| 1995 | 4.84 billion current US$ | +17.1% |
| 1996 | 4.33 billion current US$ | -10.5% |
| 1997 | 4.52 billion current US$ | +4.4% |
| 1998 | 4.70 billion current US$ | +3.9% |
| 1999 | 4.92 billion current US$ | +4.7% |
| 2000 | 5.18 billion current US$ | +5.4% |
| 2001 | 5.11 billion current US$ | -1.4% |
| 2002 | 4.43 billion current US$ | -13.2% |
| 2003 | 4.90 billion current US$ | +10.4% |
| 2004 | 5.84 billion current US$ | +19.3% |
| 2005 | 7.82 billion current US$ | +33.9% |
| 2006 | 9.02 billion current US$ | +15.3% |
| 2007 | 9.57 billion current US$ | +6.0% |
| 2008 | 13.71 billion current US$ | +43.3% |
| 2009 | 8.88 billion current US$ | -35.2% |
| 2010 | 10.56 billion current US$ | +18.8% |
| 2011 | 15.08 billion current US$ | +42.9% |
| 2012 | 14.89 billion current US$ | -1.3% |
| 2013 | 15.60 billion current US$ | +4.8% |
| 2014 | 13.87 billion current US$ | -11.1% |
| 2015 | 12.61 billion current US$ | -9.1% |
| 2016 | 11.23 billion current US$ | -10.9% |
| 2017 | 11.30 billion current US$ | +0.7% |
| 2018 | 12.57 billion current US$ | +11.2% |
| 2019 | 10.97 billion current US$ | -12.7% |
| 2020 | 8.07 billion current US$ | -26.5% |
Cuba compared with similar countries
- Cuba's 8.07 billion current US$ is below the median for upper middle income countries, which is 20.60 billion current US$, 39% of the median. (53 countries reporting)
- Cuba's 8.07 billion current US$ is below the median for Latin America & Caribbean, which is 19.37 billion current US$, 42% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.33 billion current US$ | 2.52 billion current US$ | 8.65 billion current US$ | 10 |
| 1980s | 10.33 billion current US$ | 8.82 billion current US$ | 12.10 billion current US$ | 10 |
| 1990s | 5.38 billion current US$ | 3.52 billion current US$ | 11.71 billion current US$ | 10 |
| 2000s | 7.45 billion current US$ | 4.43 billion current US$ | 13.71 billion current US$ | 10 |
| 2010s | 12.87 billion current US$ | 10.56 billion current US$ | 15.60 billion current US$ | 10 |
| 2020s | 8.07 billion current US$ | 8.07 billion current US$ | 8.07 billion current US$ | 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 in Cuba?
- Imports of goods and services in Cuba was 8.07 billion current US$ in 2020, 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 15.60 billion current US$ in 2013.
- What is the lowest imports of goods and services recorded in Cuba?
- The lowest recorded value was 2.52 billion current US$ in 1970.
- How does Cuba rank for imports of goods and services?
- Cuba ranks 127th out of 193 countries with data for 2020.
- Is imports of goods and services rising or falling in Cuba?
- Over the last ten years it is down 23.6%. The long-run trend across the full record is rising.
- 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 US$). 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 indicator is expressed in United States dollars.