Industry (including construction), value added per worker in Cuba
Cuba: Industry (including construction), value added per worker was 18,039 constant 2015 US$ in 2024. ▲ Rising
Industry (including construction), value added per worker in Cuba, 1991–2024
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added per worker in Cuba is 18,039 constant 2015 US$, measured in 2024.
The figure is down 1.2% on the previous year and down 14.0% over ten years.
Over the whole period, industry (including construction), value added per worker in Cuba peaked at 22,700 constant 2015 US$ in 2018 and was at its lowest, 9,557 constant 2015 US$, in 1993.
Cuba ranks 88th of 176 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12,232 constant 2015 US$ | 9,557 constant 2015 US$ | 15,234 constant 2015 US$ | 9 |
| 2000s | 15,805 constant 2015 US$ | 13,167 constant 2015 US$ | 19,266 constant 2015 US$ | 10 |
| 2010s | 21,259 constant 2015 US$ | 18,669 constant 2015 US$ | 22,700 constant 2015 US$ | 10 |
| 2020s | 19,436 constant 2015 US$ | 18,039 constant 2015 US$ | 22,035 constant 2015 US$ | 5 |
Countries ranked near Cuba
More economy & growth data for Cuba
- External balance on goods and services as a percent of GDP -39.9% (2024)
- GDP per capita 7,381 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 10.7% (2024)
- Gross domestic product (GDP) 81.05 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 7,381 constant 2015 US$ (2024)
- DEC alternative conversion factor 1 LCU per US$ (2020)
- Net secondary income (Net current transfers from abroad) 1.89 billion current LCU (2019)
- Net secondary income (Net current transfers from abroad) 1.89 billion current US$ (2019)
- Taxes less subsidies on products 16.49 billion current LCU (2024)
- Taxes less subsidies on products 762.00 million current US$ (2020)
Frequently asked questions
- What is industry (including construction), value added per worker in Cuba?
- Industry (including construction), value added per worker in Cuba was 18,039 constant 2015 US$ in 2024, according to World Development Indicators database, World Bank (WB).
- What is the highest industry (including construction), value added per worker recorded in Cuba?
- The highest recorded value was 22,700 constant 2015 US$ in 2018.
- What is the lowest industry (including construction), value added per worker recorded in Cuba?
- The lowest recorded value was 9,557 constant 2015 US$ in 1993.
- How does Cuba rank for industry (including construction), value added per worker?
- Cuba ranks 88th out of 176 countries with data for 2024.
- Is industry (including construction), value added per worker rising or falling in Cuba?
- Over the last ten years it is down 14.0%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Industry (including construction), value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. The core indicator has been divided by the number of workers in this sector to derive a measure of labor productivity. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.