Industry (including construction), value added (current LCU), annual in Cuba

Cuba: Industry (including construction), value added (current LCU), annual was 27.35 % change on previous year in 2024. ◆ Volatile

Latest (2024)
27.35 % change on previous year
Change on year
down 21.7%
World rank
17th
of 207 countries
All-time high
415.13 % change on previous year
in 2021
All-time low
-18.91 % change on previous year
in 1991
Years of data
54
1971–2024

Industry (including construction), value added (current LCU), annual in Cuba, 1971–2024

0100200300400197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for industry (including construction), value added (current lcu), annual in Cuba is 27.35 % change on previous year, measured in 2024.

Compared with earlier readings it is down 21.7% on the previous year and up 69,678.5% over ten years.

Over the whole period, industry (including construction), value added (current lcu), annual in Cuba peaked at 415.13 % change on previous year in 2021 and was at its lowest, -18.91 % change on previous year, in 1991.

Cuba ranks 17th of 207 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Industry (including construction), value added (current LCU), annual in Cuba, year by year

Annual values for Industry (including construction), value added (current LCU), annual growth rate in Cuba, 1971 to 2024.
Year % change on previous year Change
1971 21.48 % change on previous year
1972 12.12 % change on previous year -43.6%
1973 6.78 % change on previous year -44.1%
1974 12.94 % change on previous year +90.8%
1975 14.24 % change on previous year +10.1%
1976 6.07 % change on previous year -57.4%
1977 4.08 % change on previous year -32.8%
1978 16.42 % change on previous year +302.6%
1979 4 % change on previous year -75.6%
1980 0.5322 % change on previous year -86.7%
1981 17.1 % change on previous year +3112.7%
1982 5.6 % change on previous year -67.2%
1983 6.84 % change on previous year +22.1%
1984 10.95 % change on previous year +60.1%
1985 1.11 % change on previous year -89.8%
1986 -2.81 % change on previous year -352.0%
1987 -8.46 % change on previous year +201.2%
1988 8.04 % change on previous year -195.0%
1989 3.82 % change on previous year -52.5%
1990 3.99 % change on previous year +4.4%
1991 -18.91 % change on previous year -574.3%
1992 -9.37 % change on previous year -50.5%
1993 -1.86 % change on previous year -80.2%
1994 32.03 % change on previous year -1826.0%
1995 20.23 % change on previous year -36.9%
1996 55.94 % change on previous year +176.5%
1997 4.79 % change on previous year -91.4%
1998 -4.65 % change on previous year -197.0%
1999 7.98 % change on previous year -271.6%
2000 8.36 % change on previous year +4.8%
2001 0.9238 % change on previous year -89.0%
2002 1.07 % change on previous year +16.0%
2003 1.49 % change on previous year +38.9%
2004 4.21 % change on previous year +182.6%
2005 9.03 % change on previous year +114.6%
2006 27.58 % change on previous year +205.5%
2007 12.73 % change on previous year -53.9%
2008 3.11 % change on previous year -75.6%
2009 3.09 % change on previous year -0.7%
2010 4.95 % change on previous year +60.1%
2011 4.27 % change on previous year -13.6%
2012 11.3 % change on previous year +164.5%
2013 4.5 % change on previous year -60.2%
2014 0.0392 % change on previous year -99.1%
2015 9.01 % change on previous year +22898.1%
2016 7.63 % change on previous year -15.4%
2017 12.53 % change on previous year +64.3%
2018 5.51 % change on previous year -56.0%
2019 2.01 % change on previous year -63.5%
2020 -2.68 % change on previous year -233.2%
2021 415.13 % change on previous year -15601.0%
2022 18.28 % change on previous year -95.6%
2023 34.91 % change on previous year +90.9%
2024 27.35 % change on previous year -21.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.9 % change on previous year 4 % change on previous year 21.48 % change on previous year 9
1980s 4.27 % change on previous year -8.46 % change on previous year 17.1 % change on previous year 10
1990s 9.02 % change on previous year -18.91 % change on previous year 55.94 % change on previous year 10
2000s 7.16 % change on previous year 0.9238 % change on previous year 27.58 % change on previous year 10
2010s 6.17 % change on previous year 0.0392 % change on previous year 12.53 % change on previous year 10
2020s 98.6 % change on previous year -2.68 % change on previous year 415.13 % change on previous year 5

Countries ranked near Cuba

  1. 14 Burkina Faso 29.95 % change on previous year compare
  2. 15 Egypt 28.43 % change on previous year compare
  3. 16 Ireland 27.4 % change on previous year compare
  4. 18 Haiti 27.22 % change on previous year compare
  5. 19 Aruba 25.46 % change on previous year compare
  6. 20 Marshall Islands 24.04 % change on previous year compare

See the full ranking of 208 places →

More economy & growth data for Cuba

All data for Cuba →

Frequently asked questions

What is industry (including construction), value added (current lcu), annual in Cuba?
Industry (including construction), value added (current lcu), annual in Cuba was 27.35 % change on previous year in 2024, according to Statizoid (derived).
What is the highest industry (including construction), value added (current lcu), annual recorded in Cuba?
The highest recorded value was 415.13 % change on previous year in 2021.
What is the lowest industry (including construction), value added (current lcu), annual recorded in Cuba?
The lowest recorded value was -18.91 % change on previous year in 1991.
How does Cuba rank for industry (including construction), value added (current lcu), annual?
Cuba ranks 17th out of 207 countries with data for 2024.
Is industry (including construction), value added (current lcu), annual rising or falling in Cuba?
Over the last ten years it is up 69,678.5%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Industry (including construction), value added (current LCU), annual in Cuba. Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://economy.statizoid.com/stat/industry-including-construction-value-added-current-lcu-annual-growth-rate/cuba/

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How this figure is calculated

The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Industry (including construction), value added (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 8,776 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.