Industry (including construction), value added … unit GDP LCU in Cuba
Cuba: Industry (including construction), value added … unit GDP LCU was 0.0986 constant LCU per US$ of GDP in 2020. ▼ Falling
Industry (including construction), value added (constant LCU), per in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Cuba recorded 0.0986 constant LCU per US$ of GDP for industry (including construction), value added (constant lcu), per in 2020. That is the lowest value across all 51 years on record.
The figure is down 11.5% on the previous year and down 41.8% over ten years.
Over the whole period, industry (including construction), value added (constant lcu), per in Cuba peaked at 0.7533 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.0986 constant LCU per US$ of GDP, in 2020.
That places Cuba 182nd out of 198 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 51 years of available data.
Industry (including construction), value added … unit GDP LCU in Cuba, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.7533 constant LCU per US$ of GDP | — |
| 1971 | 0.6736 constant LCU per US$ of GDP | -10.6% |
| 1972 | 0.6001 constant LCU per US$ of GDP | -10.9% |
| 1973 | 0.5054 constant LCU per US$ of GDP | -15.8% |
| 1974 | 0.4469 constant LCU per US$ of GDP | -11.6% |
| 1975 | 0.4287 constant LCU per US$ of GDP | -4.1% |
| 1976 | 0.4271 constant LCU per US$ of GDP | -0.4% |
| 1977 | 0.4502 constant LCU per US$ of GDP | +5.4% |
| 1978 | 0.3816 constant LCU per US$ of GDP | -15.2% |
| 1979 | 0.3516 constant LCU per US$ of GDP | -7.9% |
| 1980 | 0.331 constant LCU per US$ of GDP | -5.8% |
| 1981 | 0.3904 constant LCU per US$ of GDP | +17.9% |
| 1982 | 0.4057 constant LCU per US$ of GDP | +3.9% |
| 1983 | 0.4032 constant LCU per US$ of GDP | -0.6% |
| 1984 | 0.4045 constant LCU per US$ of GDP | +0.3% |
| 1985 | 0.4465 constant LCU per US$ of GDP | +10.4% |
| 1986 | 0.4034 constant LCU per US$ of GDP | -9.6% |
| 1987 | 0.3655 constant LCU per US$ of GDP | -9.4% |
| 1988 | 0.3608 constant LCU per US$ of GDP | -1.3% |
| 1989 | 0.3844 constant LCU per US$ of GDP | +6.6% |
| 1990 | 0.3697 constant LCU per US$ of GDP | -3.8% |
| 1991 | 0.3553 constant LCU per US$ of GDP | -3.9% |
| 1992 | 0.2855 constant LCU per US$ of GDP | -19.6% |
| 1993 | 0.2272 constant LCU per US$ of GDP | -20.4% |
| 1994 | 0.1875 constant LCU per US$ of GDP | -17.5% |
| 1995 | 0.1919 constant LCU per US$ of GDP | +2.3% |
| 1996 | 0.2655 constant LCU per US$ of GDP | +38.4% |
| 1997 | 0.2758 constant LCU per US$ of GDP | +3.9% |
| 1998 | 0.2546 constant LCU per US$ of GDP | -7.7% |
| 1999 | 0.2474 constant LCU per US$ of GDP | -2.8% |
| 2000 | 0.2474 constant LCU per US$ of GDP | -0.0% |
| 2001 | 0.2345 constant LCU per US$ of GDP | -5.2% |
| 2002 | 0.2221 constant LCU per US$ of GDP | -5.3% |
| 2003 | 0.2079 constant LCU per US$ of GDP | -6.4% |
| 2004 | 0.2019 constant LCU per US$ of GDP | -2.9% |
| 2005 | 0.1949 constant LCU per US$ of GDP | -3.5% |
| 2006 | 0.193 constant LCU per US$ of GDP | -1.0% |
| 2007 | 0.1798 constant LCU per US$ of GDP | -6.9% |
| 2008 | 0.1803 constant LCU per US$ of GDP | +0.3% |
| 2009 | 0.1778 constant LCU per US$ of GDP | -1.4% |
| 2010 | 0.1694 constant LCU per US$ of GDP | -4.8% |
| 2011 | 0.1475 constant LCU per US$ of GDP | -12.9% |
| 2012 | 0.1454 constant LCU per US$ of GDP | -1.4% |
| 2013 | 0.1427 constant LCU per US$ of GDP | -1.8% |
| 2014 | 0.1326 constant LCU per US$ of GDP | -7.1% |
| 2015 | 0.1335 constant LCU per US$ of GDP | +0.7% |
| 2016 | 0.1249 constant LCU per US$ of GDP | -6.4% |
| 2017 | 0.1204 constant LCU per US$ of GDP | -3.6% |
| 2018 | 0.1195 constant LCU per US$ of GDP | -0.8% |
| 2019 | 0.1114 constant LCU per US$ of GDP | -6.8% |
| 2020 | 0.0986 constant LCU per US$ of GDP | -11.5% |
Cuba compared with similar countries
- Cuba's 0.0986 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 1.47 constant LCU per US$ of GDP, 7% of the median. (58 countries reporting)
- Cuba's 0.0986 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.4062 constant LCU per US$ of GDP, 24% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction), value added … unit GDP 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 |
|---|---|---|---|
| 1996 | +38.4% | 0.1919 constant LCU per US$ of GDP | 0.2655 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5018 constant LCU per US$ of GDP | 0.3516 constant LCU per US$ of GDP | 0.7533 constant LCU per US$ of GDP | 10 |
| 1980s | 0.3895 constant LCU per US$ of GDP | 0.331 constant LCU per US$ of GDP | 0.4465 constant LCU per US$ of GDP | 10 |
| 1990s | 0.266 constant LCU per US$ of GDP | 0.1875 constant LCU per US$ of GDP | 0.3697 constant LCU per US$ of GDP | 10 |
| 2000s | 0.204 constant LCU per US$ of GDP | 0.1778 constant LCU per US$ of GDP | 0.2474 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1347 constant LCU per US$ of GDP | 0.1114 constant LCU per US$ of GDP | 0.1694 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0986 constant LCU per US$ of GDP | 0.0986 constant LCU per US$ of GDP | 0.0986 constant LCU per US$ of GDP | 1 |
Countries ranked near Cuba
- 179 Sint Maarten (Dutch part) 0.1032 constant LCU per US$ of GDP compare
- 180 Monaco 0.1024 constant LCU per US$ of GDP compare
- 181 Marshall Islands 0.1002 constant LCU per US$ of GDP compare
- 183 United Kingdom 0.0941 constant LCU per US$ of GDP compare
- 184 Bahamas 0.0939 constant LCU per US$ of GDP compare
- 185 Turks and Caicos Islands 0.0913 constant LCU 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 lcu), per in Cuba?
- Industry (including construction), value added (constant lcu), per in Cuba was 0.0986 constant LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), per recorded in Cuba?
- The highest recorded value was 0.7533 constant LCU per US$ of GDP in 1970.
- What is the lowest industry (including construction), value added (constant lcu), per recorded in Cuba?
- The lowest recorded value was 0.0986 constant LCU per US$ of GDP in 2020.
- How does Cuba rank for industry (including construction), value added (constant lcu), per?
- Cuba ranks 182nd out of 198 countries with data for 2020.
- Is industry (including construction), value added (constant lcu), per 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 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
Industry (including construction), value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant LCU) ÷ GDP (current US$)
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 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.