Industry (including construction), value added … unit GDP 2015 in Cuba
Cuba: Industry (including construction), value added … unit GDP 2015 was 0.1651 constant 2015 US$ per US$ of GDP in 2020. ▼ Falling
Industry (including construction), value added (constant 2015 US$) in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Cuba recorded 0.1651 constant 2015 US$ per US$ of GDP for industry (including construction), value added (constant 2015 us$) in 2020. That is the lowest value across all 51 years on record.
That represents a change of down 11.5% on the previous year and down 41.8% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Cuba peaked at 1.26 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.1651 constant 2015 US$ per US$ of GDP, in 2020.
That places Cuba 114th out of 195 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Industry (including construction), value added … unit GDP 2015 in Cuba, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 1.26 constant 2015 US$ per US$ of GDP | — |
| 1971 | 1.13 constant 2015 US$ per US$ of GDP | -10.6% |
| 1972 | 1 constant 2015 US$ per US$ of GDP | -10.9% |
| 1973 | 0.8464 constant 2015 US$ per US$ of GDP | -15.8% |
| 1974 | 0.7483 constant 2015 US$ per US$ of GDP | -11.6% |
| 1975 | 0.7179 constant 2015 US$ per US$ of GDP | -4.1% |
| 1976 | 0.7152 constant 2015 US$ per US$ of GDP | -0.4% |
| 1977 | 0.7539 constant 2015 US$ per US$ of GDP | +5.4% |
| 1978 | 0.6391 constant 2015 US$ per US$ of GDP | -15.2% |
| 1979 | 0.5887 constant 2015 US$ per US$ of GDP | -7.9% |
| 1980 | 0.5543 constant 2015 US$ per US$ of GDP | -5.8% |
| 1981 | 0.6538 constant 2015 US$ per US$ of GDP | +17.9% |
| 1982 | 0.6793 constant 2015 US$ per US$ of GDP | +3.9% |
| 1983 | 0.6752 constant 2015 US$ per US$ of GDP | -0.6% |
| 1984 | 0.6773 constant 2015 US$ per US$ of GDP | +0.3% |
| 1985 | 0.7477 constant 2015 US$ per US$ of GDP | +10.4% |
| 1986 | 0.6755 constant 2015 US$ per US$ of GDP | -9.6% |
| 1987 | 0.612 constant 2015 US$ per US$ of GDP | -9.4% |
| 1988 | 0.6041 constant 2015 US$ per US$ of GDP | -1.3% |
| 1989 | 0.6438 constant 2015 US$ per US$ of GDP | +6.6% |
| 1990 | 0.6191 constant 2015 US$ per US$ of GDP | -3.8% |
| 1991 | 0.5949 constant 2015 US$ per US$ of GDP | -3.9% |
| 1992 | 0.4781 constant 2015 US$ per US$ of GDP | -19.6% |
| 1993 | 0.3805 constant 2015 US$ per US$ of GDP | -20.4% |
| 1994 | 0.3141 constant 2015 US$ per US$ of GDP | -17.5% |
| 1995 | 0.3213 constant 2015 US$ per US$ of GDP | +2.3% |
| 1996 | 0.4446 constant 2015 US$ per US$ of GDP | +38.4% |
| 1997 | 0.4618 constant 2015 US$ per US$ of GDP | +3.9% |
| 1998 | 0.4263 constant 2015 US$ per US$ of GDP | -7.7% |
| 1999 | 0.4143 constant 2015 US$ per US$ of GDP | -2.8% |
| 2000 | 0.4142 constant 2015 US$ per US$ of GDP | -0.0% |
| 2001 | 0.3927 constant 2015 US$ per US$ of GDP | -5.2% |
| 2002 | 0.372 constant 2015 US$ per US$ of GDP | -5.3% |
| 2003 | 0.3482 constant 2015 US$ per US$ of GDP | -6.4% |
| 2004 | 0.3381 constant 2015 US$ per US$ of GDP | -2.9% |
| 2005 | 0.3264 constant 2015 US$ per US$ of GDP | -3.5% |
| 2006 | 0.3232 constant 2015 US$ per US$ of GDP | -1.0% |
| 2007 | 0.301 constant 2015 US$ per US$ of GDP | -6.9% |
| 2008 | 0.3019 constant 2015 US$ per US$ of GDP | +0.3% |
| 2009 | 0.2978 constant 2015 US$ per US$ of GDP | -1.4% |
| 2010 | 0.2836 constant 2015 US$ per US$ of GDP | -4.8% |
| 2011 | 0.2469 constant 2015 US$ per US$ of GDP | -12.9% |
| 2012 | 0.2434 constant 2015 US$ per US$ of GDP | -1.4% |
| 2013 | 0.239 constant 2015 US$ per US$ of GDP | -1.8% |
| 2014 | 0.222 constant 2015 US$ per US$ of GDP | -7.1% |
| 2015 | 0.2235 constant 2015 US$ per US$ of GDP | +0.7% |
| 2016 | 0.2092 constant 2015 US$ per US$ of GDP | -6.4% |
| 2017 | 0.2017 constant 2015 US$ per US$ of GDP | -3.6% |
| 2018 | 0.2001 constant 2015 US$ per US$ of GDP | -0.8% |
| 2019 | 0.1866 constant 2015 US$ per US$ of GDP | -6.8% |
| 2020 | 0.1651 constant 2015 US$ per US$ of GDP | -11.5% |
Cuba compared with similar countries
- Cuba's 0.1651 constant 2015 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.189 constant 2015 US$ per US$ of GDP, 87% of the median. (58 countries reporting)
- Cuba's 0.1651 constant 2015 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.169 constant 2015 US$ per US$ of GDP, 98% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction), value added … unit GDP 2015 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 |
|---|---|---|---|
| 1996 | +38.4% | 0.3213 constant 2015 US$ per US$ of GDP | 0.4446 constant 2015 US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8404 constant 2015 US$ per US$ of GDP | 0.5887 constant 2015 US$ per US$ of GDP | 1.26 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 0.6523 constant 2015 US$ per US$ of GDP | 0.5543 constant 2015 US$ per US$ of GDP | 0.7477 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.4455 constant 2015 US$ per US$ of GDP | 0.3141 constant 2015 US$ per US$ of GDP | 0.6191 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.3416 constant 2015 US$ per US$ of GDP | 0.2978 constant 2015 US$ per US$ of GDP | 0.4142 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.2256 constant 2015 US$ per US$ of GDP | 0.1866 constant 2015 US$ per US$ of GDP | 0.2836 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.1651 constant 2015 US$ per US$ of GDP | 0.1651 constant 2015 US$ per US$ of GDP | 0.1651 constant 2015 US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 111 Germany 0.1675 constant 2015 US$ per US$ of GDP compare
- 112 Tonga 0.1674 constant 2015 US$ per US$ of GDP compare
- 113 Liberia 0.1662 constant 2015 US$ per US$ of GDP compare
- 115 Mauritius 0.1641 constant 2015 US$ per US$ of GDP compare
- 116 Togo 0.1628 constant 2015 US$ per US$ of GDP compare
- 117 Lithuania 0.1611 constant 2015 US$ per US$ of GDP 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 industry (including construction), value added (constant 2015 us$) in Cuba?
- Industry (including construction), value added (constant 2015 us$) in Cuba was 0.1651 constant 2015 US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Cuba?
- The highest recorded value was 1.26 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Cuba?
- The lowest recorded value was 0.1651 constant 2015 US$ per US$ of GDP in 2020.
- How does Cuba rank for industry (including construction), value added (constant 2015 us$)?
- Cuba ranks 114th out of 195 countries with data for 2020.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Cuba?
- Over the last ten years it is down 41.8%. 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 Industry (including construction), value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Industry (including construction), value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.