Manufacturing, value added (constant 2015 US$), annual growth rate in Cuba

Cuba: Manufacturing, value added (constant 2015 US$), annual growth rate was -10.08 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-10.08 % change on previous year
Change on year
down 47.1%
World rank
180th
of 185 countries
All-time high
19.25 % change on previous year
in 1981
All-time low
-16.51 % change on previous year
in 1992
Years of data
54
1971–2024

Manufacturing, value added (constant 2015 US$), annual growth rate in Cuba, 1971–2024

-20-1001020197119972024

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

Analysis

The most recent figure for manufacturing, value added (constant 2015 us$), annual growth rate in Cuba is -10.08 % change on previous year, measured in 2024.

The figure is down 47.1% on the previous year and down 179.1% over ten years.

Over the whole period, manufacturing, value added (constant 2015 us$), annual growth rate in Cuba peaked at 19.25 % change on previous year in 1981 and was at its lowest, -16.51 % change on previous year, in 1992.

Cuba ranks 180th of 185 countries on this measure, in the bottom quarter.

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

Manufacturing, value added (constant 2015 US$), annual growth rate in Cuba, year by year

Annual values for Manufacturing, value added (constant 2015 US$), annual growth rate in Cuba, 1971 to 2024.
Year % change on previous year Change
1971 8.59 % change on previous year
1972 4.82 % change on previous year -43.9%
1973 3.42 % change on previous year -29.2%
1974 0.945 % change on previous year -72.3%
1975 9.58 % change on previous year +913.7%
1976 5.45 % change on previous year -43.1%
1977 8.63 % change on previous year +58.5%
1978 6.5 % change on previous year -24.7%
1979 0.9398 % change on previous year -85.5%
1980 -4.13 % change on previous year -539.0%
1981 19.25 % change on previous year -566.6%
1982 8.36 % change on previous year -56.6%
1983 5.23 % change on previous year -37.4%
1984 7.45 % change on previous year +42.5%
1985 7.02 % change on previous year -5.9%
1986 -5.65 % change on previous year -180.5%
1987 -3.66 % change on previous year -35.3%
1988 5.37 % change on previous year -246.8%
1989 -1.14 % change on previous year -121.2%
1990 -5.05 % change on previous year +343.8%
1991 -9.49 % change on previous year +88.1%
1992 -16.51 % change on previous year +73.9%
1993 -11.49 % change on previous year -30.4%
1994 7.64 % change on previous year -166.5%
1995 6.42 % change on previous year -15.9%
1996 7.88 % change on previous year +22.7%
1997 6.18 % change on previous year -21.6%
1998 -8.13 % change on previous year -231.6%
1999 7.19 % change on previous year -188.5%
2000 5.15 % change on previous year -28.4%
2001 -0.6009 % change on previous year -111.7%
2002 0.1506 % change on previous year -125.1%
2003 -1.98 % change on previous year -1416.4%
2004 2.48 % change on previous year -225.1%
2005 9.5 % change on previous year +283.1%
2006 4.66 % change on previous year -50.9%
2007 9.65 % change on previous year +107.0%
2008 5.22 % change on previous year -45.9%
2009 0.9131 % change on previous year -82.5%
2010 1.09 % change on previous year +19.5%
2011 3.95 % change on previous year +261.5%
2012 2.19 % change on previous year -44.4%
2013 2.06 % change on previous year -6.1%
2014 -3.61 % change on previous year -275.2%
2015 6.27 % change on previous year -273.7%
2016 -5.2 % change on previous year -182.8%
2017 -1.08 % change on previous year -79.2%
2018 -0.9152 % change on previous year -15.2%
2019 -6.1 % change on previous year +566.5%
2020 -14.57 % change on previous year +138.9%
2021 -15.77 % change on previous year +8.2%
2022 -6.77 % change on previous year -57.1%
2023 -6.85 % change on previous year +1.3%
2024 -10.08 % change on previous year +47.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.43 % change on previous year 0.9398 % change on previous year 9.58 % change on previous year 9
1980s 3.81 % change on previous year -5.65 % change on previous year 19.25 % change on previous year 10
1990s -1.54 % change on previous year -16.51 % change on previous year 7.88 % change on previous year 10
2000s 3.51 % change on previous year -1.98 % change on previous year 9.65 % change on previous year 10
2010s -0.1336 % change on previous year -6.1 % change on previous year 6.27 % change on previous year 10
2020s -10.81 % change on previous year -15.77 % change on previous year -6.77 % change on previous year 5

Countries ranked near Cuba

  1. 177 Lebanon -6.85 % change on previous year compare
  2. 178 Libya -9.02 % change on previous year compare
  3. 179 Bermuda -9.73 % change on previous year compare
  4. 181 Central African Republic -10.28 % change on previous year compare
  5. 182 Iraq -10.61 % change on previous year compare
  6. 183 Equatorial Guinea -12.65 % change on previous year compare

See the full ranking of 220 places →

More economy & growth data for Cuba

All data for Cuba →

Frequently asked questions

What is manufacturing, value added (constant 2015 us$), annual growth rate in Cuba?
Manufacturing, value added (constant 2015 us$), annual growth rate in Cuba was -10.08 % change on previous year in 2024, according to Statizoid (derived).
What is the highest manufacturing, value added (constant 2015 us$), annual growth rate recorded in Cuba?
The highest recorded value was 19.25 % change on previous year in 1981.
What is the lowest manufacturing, value added (constant 2015 us$), annual growth rate recorded in Cuba?
The lowest recorded value was -16.51 % change on previous year in 1992.
How does Cuba rank for manufacturing, value added (constant 2015 us$), annual growth rate?
Cuba ranks 180th out of 185 countries with data for 2024.
Is manufacturing, value added (constant 2015 us$), annual growth rate rising or falling in Cuba?
Over the last ten years it is down 179.1%. 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 Manufacturing, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Manufacturing, value added (constant 2015 US$), annual growth rate in Cuba. Statizoid, drawing on Statizoid (derived). Retrieved 03 September 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-constant-2015-us-annual-growth-rate/cuba/

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How this figure is calculated

The year-on-year percentage change in Manufacturing, value added (constant 2015 US$). 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
Manufacturing, value added (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
220 places, 8,744 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Manufacturing, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.