Manufacturing, value added (constant LCU), per unit of GDP in Cuba
Cuba: Manufacturing, value added (constant LCU), per unit of GDP was 0.05 constant LCU per US$ of GDP in 2020. ▼ Falling
Latest (2020)
0.05 constant LCU per US$ of GDP
Change on year
down 17.7%
World rank
162nd
of 190 countries
All-time high
0.4301 constant LCU per US$ of GDP
in 1970
All-time low
0.05 constant LCU per US$ of GDP
in 2020
Years of data
51
1970–2020
Manufacturing, value added (constant LCU), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Cuba recorded 0.05 constant LCU per US$ of GDP for manufacturing, value added (constant lcu), per unit of gdp in 2020. That is the lowest value across all 51 years on record.
That represents a change of down 17.7% on the previous year and down 54.1% over ten years.
Over the whole period, manufacturing, value added (constant lcu), per unit of gdp in Cuba peaked at 0.4301 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.05 constant LCU per US$ of GDP, in 2020.
That places Cuba 162nd out of 190 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.
Manufacturing, value added (constant LCU), per unit of GDP in Cuba, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.4301 constant LCU per US$ of GDP | — |
| 1971 | 0.3846 constant LCU per US$ of GDP | -10.6% |
| 1972 | 0.3426 constant LCU per US$ of GDP | -10.9% |
| 1973 | 0.2886 constant LCU per US$ of GDP | -15.8% |
| 1974 | 0.2551 constant LCU per US$ of GDP | -11.6% |
| 1975 | 0.2448 constant LCU per US$ of GDP | -4.1% |
| 1976 | 0.2438 constant LCU per US$ of GDP | -0.4% |
| 1977 | 0.2571 constant LCU per US$ of GDP | +5.4% |
| 1978 | 0.218 constant LCU per US$ of GDP | -15.2% |
| 1979 | 0.2005 constant LCU per US$ of GDP | -8.0% |
| 1980 | 0.189 constant LCU per US$ of GDP | -5.7% |
| 1981 | 0.2228 constant LCU per US$ of GDP | +17.8% |
| 1982 | 0.2322 constant LCU per US$ of GDP | +4.2% |
| 1983 | 0.2305 constant LCU per US$ of GDP | -0.7% |
| 1984 | 0.2288 constant LCU per US$ of GDP | -0.7% |
| 1985 | 0.2568 constant LCU per US$ of GDP | +12.2% |
| 1986 | 0.2292 constant LCU per US$ of GDP | -10.7% |
| 1987 | 0.2122 constant LCU per US$ of GDP | -7.4% |
| 1988 | 0.2053 constant LCU per US$ of GDP | -3.2% |
| 1989 | 0.2063 constant LCU per US$ of GDP | +0.5% |
| 1990 | 0.1848 constant LCU per US$ of GDP | -10.4% |
| 1991 | 0.197 constant LCU per US$ of GDP | +6.6% |
| 1992 | 0.1811 constant LCU per US$ of GDP | -8.1% |
| 1993 | 0.1583 constant LCU per US$ of GDP | -12.6% |
| 1994 | 0.1339 constant LCU per US$ of GDP | -15.4% |
| 1995 | 0.1333 constant LCU per US$ of GDP | -0.5% |
| 1996 | 0.1749 constant LCU per US$ of GDP | +31.2% |
| 1997 | 0.1831 constant LCU per US$ of GDP | +4.7% |
| 1998 | 0.1658 constant LCU per US$ of GDP | -9.4% |
| 1999 | 0.1613 constant LCU per US$ of GDP | -2.7% |
| 2000 | 0.1574 constant LCU per US$ of GDP | -2.4% |
| 2001 | 0.1509 constant LCU per US$ of GDP | -4.1% |
| 2002 | 0.1425 constant LCU per US$ of GDP | -5.5% |
| 2003 | 0.1307 constant LCU per US$ of GDP | -8.3% |
| 2004 | 0.1259 constant LCU per US$ of GDP | -3.7% |
| 2005 | 0.1235 constant LCU per US$ of GDP | -1.9% |
| 2006 | 0.1129 constant LCU per US$ of GDP | -8.6% |
| 2007 | 0.1114 constant LCU per US$ of GDP | -1.3% |
| 2008 | 0.1129 constant LCU per US$ of GDP | +1.4% |
| 2009 | 0.1116 constant LCU per US$ of GDP | -1.2% |
| 2010 | 0.1089 constant LCU per US$ of GDP | -2.4% |
| 2011 | 0.0977 constant LCU per US$ of GDP | -10.3% |
| 2012 | 0.0942 constant LCU per US$ of GDP | -3.6% |
| 2013 | 0.0912 constant LCU per US$ of GDP | -3.2% |
| 2014 | 0.084 constant LCU per US$ of GDP | -7.8% |
| 2015 | 0.0827 constant LCU per US$ of GDP | -1.6% |
| 2016 | 0.0747 constant LCU per US$ of GDP | -9.6% |
| 2017 | 0.0698 constant LCU per US$ of GDP | -6.7% |
| 2018 | 0.0669 constant LCU per US$ of GDP | -4.1% |
| 2019 | 0.0608 constant LCU per US$ of GDP | -9.2% |
| 2020 | 0.05 constant LCU per US$ of GDP | -17.7% |
Cuba compared with similar countries
- Cuba's 0.05 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 0.6295 constant LCU per US$ of GDP, 8% of the median. (56 countries reporting)
- Cuba's 0.05 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.1599 constant LCU per US$ of GDP, 31% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2865 constant LCU per US$ of GDP | 0.2005 constant LCU per US$ of GDP | 0.4301 constant LCU per US$ of GDP | 10 |
| 1980s | 0.2213 constant LCU per US$ of GDP | 0.189 constant LCU per US$ of GDP | 0.2568 constant LCU per US$ of GDP | 10 |
| 1990s | 0.1673 constant LCU per US$ of GDP | 0.1333 constant LCU per US$ of GDP | 0.197 constant LCU per US$ of GDP | 10 |
| 2000s | 0.128 constant LCU per US$ of GDP | 0.1114 constant LCU per US$ of GDP | 0.1574 constant LCU per US$ of GDP | 10 |
| 2010s | 0.0831 constant LCU per US$ of GDP | 0.0608 constant LCU per US$ of GDP | 0.1089 constant LCU per US$ of GDP | 10 |
| 2020s | 0.05 constant LCU per US$ of GDP | 0.05 constant LCU per US$ of GDP | 0.05 constant LCU per US$ of GDP | 1 |
Countries ranked near Cuba
- 159 Grenada 0.0663 constant LCU per US$ of GDP compare
- 160 Saint Kitts and Nevis 0.0552 constant LCU per US$ of GDP compare
- 161 United Kingdom of Great Britain and Northern Ireland 0.0503 constant LCU per US$ of GDP compare
- 163 Bahrain 0.0485 constant LCU per US$ of GDP compare
- 164 Kiribati 0.0482 constant LCU per US$ of GDP compare
- 165 Antigua and Barbuda 0.0478 constant LCU per US$ of GDP compare
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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is manufacturing, value added (constant lcu), per unit of gdp in Cuba?
- Manufacturing, value added (constant lcu), per unit of gdp in Cuba was 0.05 constant LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.4301 constant LCU per US$ of GDP in 1970.
- What is the lowest manufacturing, value added (constant lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.05 constant LCU per US$ of GDP in 2020.
- How does Cuba rank for manufacturing, value added (constant lcu), per unit of gdp?
- Cuba ranks 162nd out of 190 countries with data for 2020.
- Is manufacturing, value added (constant lcu), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 54.1%. 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 Manufacturing, 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
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Manufacturing, 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
Manufacturing, 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.