Machinery and transport equipment in Cuba
Cuba: Machinery and transport equipment was 7.0% in 1989. ▲ Rising
Machinery and transport equipment in Cuba, 1976–1989
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
Cuba recorded 7.0% for machinery and transport equipment in 1989.
Compared with earlier readings it is down 0.6% on the previous year and down 5.2% over ten years.
Over the whole period, machinery and transport equipment in Cuba peaked at 10.4% in 1984 and was at its lowest, 5.6%, in 1976.
Cuba ranks 81st of 149 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 14 years of available data.
Machinery and transport equipment in Cuba, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1976 | 5.6% | — |
| 1977 | 6.1% | +8.9% |
| 1978 | 6.7% | +10.0% |
| 1979 | 7.4% | +9.4% |
| 1980 | 7.4% | +0.5% |
| 1981 | 8.0% | +8.1% |
| 1982 | 8.5% | +6.7% |
| 1983 | 10.1% | +18.1% |
| 1984 | 10.4% | +3.4% |
| 1985 | 10.1% | -3.2% |
| 1986 | 9.2% | -8.9% |
| 1987 | 8.0% | -13.2% |
| 1988 | 7.0% | -12.0% |
| 1989 | 7.0% | -0.6% |
Cuba compared with similar countries
- Cuba's 7.0% is above the median for upper middle income countries, which is 6.8%, 1.0× the median. (46 countries reporting)
- Cuba's 7.0% is above the median for Latin America & Caribbean, which is 4.0%, 1.7× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.5% | 5.6% | 7.4% | 4 |
| 1980s | 8.6% | 7.0% | 10.4% | 10 |
Countries ranked near Cuba
More economy & growth data for Cuba
- General government final consumption expenditure (current US$) 25.1 % change on previous year (2020)
- General government final consumption expenditure (current US$), per 0.3885 current US$ per US$ of GDP (2020)
- General government final consumption expenditure (current US$), per 3,731 current US$ per person (2020)
- General government final consumption expenditure (current LCU) 21.52 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3885 current LCU per US$ of GDP (2020)
- General government final consumption expenditure (current LCU), per 24,524 current LCU per person (2024)
- General government final consumption expenditure (constant 2015 US$) -7.43 % change on previous year (2024)
- General government final consumption expenditure (constant 2015 US$) 0.2523 constant 2015 US$ per US$ of GDP (2020)
- General government final consumption expenditure (constant 2015 US$) 2,335 constant 2015 US$ per person (2024)
- Households and NPISHs Final consumption expenditure (current US$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is machinery and transport equipment in Cuba?
- Machinery and transport equipment in Cuba was 7.0% in 1989, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Cuba?
- The highest recorded value was 10.4% in 1984.
- What is the lowest machinery and transport equipment recorded in Cuba?
- The lowest recorded value was 5.6% in 1976.
- How does Cuba rank for machinery and transport equipment?
- Cuba ranks 81st out of 149 countries with data for 1989.
- Is machinery and transport equipment rising or falling in Cuba?
- Over the last ten years it is down 5.2%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. 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. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).