Industry (including construction), value added (constant LCU), annual in Cuba
Cuba: Industry (including construction), value added (constant LCU), annual was -3.02 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-3.02 % change on previous year
Change on year
down 93.3%
World rank
178th
of 197 countries
All-time high
19.35 % change on previous year
in 1981
All-time low
-27 % change on previous year
in 1992
Years of data
54
1971–2024
Industry (including construction), value added (constant LCU), annual in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cuba recorded -3.02 % change on previous year for industry (including construction), value added (constant lcu), annual in 2024.
The figure is down 93.3% on the previous year and down 4.4% over ten years.
Over the whole period, industry (including construction), value added (constant lcu), annual in Cuba peaked at 19.35 % change on previous year in 1981 and was at its lowest, -27 % change on previous year, in 1992.
Cuba ranks 178th of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (constant LCU), annual in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.6 % change on previous year | — |
| 1972 | 4.82 % change on previous year | -44.0% |
| 1973 | 3.41 % change on previous year | -29.2% |
| 1974 | 0.9661 % change on previous year | -71.7% |
| 1975 | 9.57 % change on previous year | +890.7% |
| 1976 | 5.45 % change on previous year | -43.0% |
| 1977 | 8.59 % change on previous year | +57.5% |
| 1978 | 6.48 % change on previous year | -24.5% |
| 1979 | 1.1 % change on previous year | -83.0% |
| 1980 | -4.27 % change on previous year | -486.9% |
| 1981 | 19.35 % change on previous year | -553.4% |
| 1982 | 8.06 % change on previous year | -58.4% |
| 1983 | 5.33 % change on previous year | -33.9% |
| 1984 | 8.6 % change on previous year | +61.5% |
| 1985 | 5.24 % change on previous year | -39.0% |
| 1986 | -4.5 % change on previous year | -185.8% |
| 1987 | -5.71 % change on previous year | +26.9% |
| 1988 | 7.5 % change on previous year | -231.4% |
| 1989 | 4.87 % change on previous year | -35.1% |
| 1990 | 1.95 % change on previous year | -60.0% |
| 1991 | -18.43 % change on previous year | -1046.9% |
| 1992 | -27 % change on previous year | +46.5% |
| 1993 | -19.42 % change on previous year | -28.1% |
| 1994 | 4.99 % change on previous year | -125.7% |
| 1995 | 9.43 % change on previous year | +89.0% |
| 1996 | 13.77 % change on previous year | +46.0% |
| 1997 | 5.33 % change on previous year | -61.3% |
| 1998 | -6.34 % change on previous year | -218.9% |
| 1999 | 7.1 % change on previous year | -212.1% |
| 2000 | 7.73 % change on previous year | +8.9% |
| 2001 | -1.74 % change on previous year | -122.5% |
| 2002 | 0.4456 % change on previous year | -125.6% |
| 2003 | 0.0375 % change on previous year | -91.6% |
| 2004 | 3.32 % change on previous year | +8750.2% |
| 2005 | 7.77 % change on previous year | +133.9% |
| 2006 | 13.41 % change on previous year | +72.7% |
| 2007 | 3.48 % change on previous year | -74.0% |
| 2008 | 4.06 % change on previous year | +16.7% |
| 2009 | 0.6856 % change on previous year | -83.1% |
| 2010 | -1.31 % change on previous year | -291.2% |
| 2011 | 0.8526 % change on previous year | -165.0% |
| 2012 | 4.51 % change on previous year | +429.2% |
| 2013 | 3.56 % change on previous year | -21.2% |
| 2014 | -2.9 % change on previous year | -181.5% |
| 2015 | 8.79 % change on previous year | -403.5% |
| 2016 | -1.89 % change on previous year | -121.4% |
| 2017 | 2.2 % change on previous year | -216.7% |
| 2018 | 2.52 % change on previous year | +14.7% |
| 2019 | -3.63 % change on previous year | -243.9% |
| 2020 | -8.16 % change on previous year | +124.6% |
| 2021 | -6.75 % change on previous year | -17.3% |
| 2022 | -6.73 % change on previous year | -0.3% |
| 2023 | -1.56 % change on previous year | -76.7% |
| 2024 | -3.02 % change on previous year | +93.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.44 % change on previous year | 0.9661 % change on previous year | 9.57 % change on previous year | 9 |
| 1980s | 4.45 % change on previous year | -5.71 % change on previous year | 19.35 % change on previous year | 10 |
| 1990s | -2.86 % change on previous year | -27 % change on previous year | 13.77 % change on previous year | 10 |
| 2000s | 3.92 % change on previous year | -1.74 % change on previous year | 13.41 % change on previous year | 10 |
| 2010s | 1.27 % change on previous year | -3.63 % change on previous year | 8.79 % change on previous year | 10 |
| 2020s | -5.24 % change on previous year | -8.16 % change on previous year | -1.56 % change on previous year | 5 |
Countries ranked near Cuba
- 175 Bosnia and Herzegovina -2.01 % change on previous year compare
- 176 Myanmar -2.37 % change on previous year compare
- 177 Bolivia -2.75 % change on previous year compare
- 179 Namibia -3.07 % change on previous year compare
- 180 Togo -3.19 % change on previous year compare
- 181 Montenegro -3.24 % change on previous year compare
More economy & growth data for Cuba
- Industry (including construction), value added (constant 2015 US$) -3.02 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.1651 constant 2015 US$ per US$ of GDP (2020)
- Industry (including construction), value added (constant 2015 US$) 1,340 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), per 0.0986 constant LCU per US$ of GDP (2020)
- Industry (including construction), value added (constant LCU), per 800.29 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 8.37 % change on previous year (2020)
- Services, value added (current US$), per unit of GDP 0.7351 current US$ per US$ of GDP (2020)
- Services, value added (current US$), per capita 7,061 current US$ per person (2020)
- Services, value added (current LCU), annual growth rate 31.15 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 0.7351 current LCU per US$ of GDP (2020)
Frequently asked questions
- What is industry (including construction), value added (constant lcu), annual in Cuba?
- Industry (including construction), value added (constant lcu), annual in Cuba was -3.02 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), annual recorded in Cuba?
- The highest recorded value was 19.35 % change on previous year in 1981.
- What is the lowest industry (including construction), value added (constant lcu), annual recorded in Cuba?
- The lowest recorded value was -27 % change on previous year in 1992.
- How does Cuba rank for industry (including construction), value added (constant lcu), annual?
- Cuba ranks 178th out of 197 countries with data for 2024.
- Is industry (including construction), value added (constant lcu), annual rising or falling in Cuba?
- Over the last ten years it is down 4.4%. 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 Industry (including construction), value added (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Industry (including construction), value added 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 Industry (including construction), value added (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.