Manufacturing, value added (current LCU), annual growth rate in Cuba
Cuba: Manufacturing, value added (current LCU), annual growth rate was 26.01 % change on previous year in 2024. ◆ Volatile
Latest (2024)
26.01 % change on previous year
Change on year
down 26.0%
World rank
15th
of 203 countries
All-time high
377.86 % change on previous year
in 2021
All-time low
-9.32 % change on previous year
in 1991
Years of data
54
1971–2024
Manufacturing, value added (current LCU), annual growth rate in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cuba recorded 26.01 % change on previous year for manufacturing, value added (current lcu), annual growth rate in 2024.
The figure is down 26.0% on the previous year and up 10,085.9% over ten years.
Over the whole period, manufacturing, value added (current lcu), annual growth rate in Cuba peaked at 377.86 % change on previous year in 2021 and was at its lowest, -9.32 % change on previous year, in 1991.
That places Cuba 15th out of 203 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (current LCU), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.47 % change on previous year | — |
| 1972 | 12.12 % change on previous year | -43.5% |
| 1973 | 6.79 % change on previous year | -44.0% |
| 1974 | 12.91 % change on previous year | +90.3% |
| 1975 | 14.27 % change on previous year | +10.5% |
| 1976 | 6.05 % change on previous year | -57.6% |
| 1977 | 4.1 % change on previous year | -32.3% |
| 1978 | 16.44 % change on previous year | +301.3% |
| 1979 | 3.85 % change on previous year | -76.6% |
| 1980 | 0.7817 % change on previous year | -79.7% |
| 1981 | 16.82 % change on previous year | +2052.5% |
| 1982 | 5.82 % change on previous year | -65.4% |
| 1983 | 6.87 % change on previous year | +18.0% |
| 1984 | 9.87 % change on previous year | +43.6% |
| 1985 | 3.36 % change on previous year | -66.0% |
| 1986 | -5.31 % change on previous year | -258.0% |
| 1987 | -6.19 % change on previous year | +16.7% |
| 1988 | 7.05 % change on previous year | -213.9% |
| 1989 | -2.36 % change on previous year | -133.4% |
| 1990 | -2.32 % change on previous year | -1.5% |
| 1991 | -9.32 % change on previous year | +301.7% |
| 1992 | 4.64 % change on previous year | -149.8% |
| 1993 | 1.62 % change on previous year | -65.0% |
| 1994 | 52.45 % change on previous year | +3127.9% |
| 1995 | 20.75 % change on previous year | -60.4% |
| 1996 | 61.85 % change on previous year | +198.0% |
| 1997 | 5.18 % change on previous year | -91.6% |
| 1998 | -6.36 % change on previous year | -222.9% |
| 1999 | 8.36 % change on previous year | -231.4% |
| 2000 | 6.51 % change on previous year | -22.0% |
| 2001 | 1.42 % change on previous year | -78.1% |
| 2002 | 1.31 % change on previous year | -7.9% |
| 2003 | -0.9267 % change on previous year | -170.6% |
| 2004 | 2.99 % change on previous year | -422.4% |
| 2005 | 12.54 % change on previous year | +319.8% |
| 2006 | 19.52 % change on previous year | +55.6% |
| 2007 | 20.12 % change on previous year | +3.1% |
| 2008 | 4.85 % change on previous year | -75.9% |
| 2009 | 4.31 % change on previous year | -11.0% |
| 2010 | 8.12 % change on previous year | +88.3% |
| 2011 | 5.25 % change on previous year | -35.3% |
| 2012 | 11.29 % change on previous year | +115.0% |
| 2013 | 3.06 % change on previous year | -72.9% |
| 2014 | 0.2554 % change on previous year | -91.6% |
| 2015 | 6.75 % change on previous year | +2542.9% |
| 2016 | -2.58 % change on previous year | -138.3% |
| 2017 | 3.32 % change on previous year | -228.6% |
| 2018 | -1.96 % change on previous year | -159.0% |
| 2019 | 0.6841 % change on previous year | -134.9% |
| 2020 | -6.87 % change on previous year | -1104.5% |
| 2021 | 377.86 % change on previous year | -5598.4% |
| 2022 | 18.38 % change on previous year | -95.1% |
| 2023 | 35.17 % change on previous year | +91.4% |
| 2024 | 26.01 % change on previous year | -26.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.89 % change on previous year | 3.85 % change on previous year | 21.47 % change on previous year | 9 |
| 1980s | 3.67 % change on previous year | -6.19 % change on previous year | 16.82 % change on previous year | 10 |
| 1990s | 13.69 % change on previous year | -9.32 % change on previous year | 61.85 % change on previous year | 10 |
| 2000s | 7.27 % change on previous year | -0.9267 % change on previous year | 20.12 % change on previous year | 10 |
| 2010s | 3.42 % change on previous year | -2.58 % change on previous year | 11.29 % change on previous year | 10 |
| 2020s | 90.11 % change on previous year | -6.87 % change on previous year | 377.86 % change on previous year | 5 |
Countries ranked near Cuba
- 12 Angola 28.36 % change on previous year compare
- 13 Iran, Islamic Republic of 26.73 % change on previous year compare
- 14 Haiti 26.73 % change on previous year compare
- 16 Uzbekistan 25.41 % change on previous year compare
- 17 Montenegro 24.43 % change on previous year compare
- 18 Maldives 24.35 % change on previous year compare
More economy & growth data for Cuba
- Manufacturing, value added (current US$), per unit of GDP 0.112 current US$ per US$ of GDP (2020)
- Manufacturing, value added (current US$), per capita 1,075 current US$ per person (2020)
- Manufacturing, value added (current LCU), per unit of GDP 0.112 current LCU per US$ of GDP (2020)
- Manufacturing, value added (current LCU), per capita 10,549 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0902 constant 2015 US$ per US$ of GDP (2020)
- Manufacturing, value added (constant 2015 US$), per capita 580.05 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 321.68 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual -2.68 % change on previous year (2020)
- Industry (including construction), value added (current US$), per 0.2302 current US$ per US$ of GDP (2020)
- Industry (including construction), value added (current US$), per 2,211 current US$ per person (2020)
Frequently asked questions
- What is manufacturing, value added (current lcu), annual growth rate in Cuba?
- Manufacturing, value added (current lcu), annual growth rate in Cuba was 26.01 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (current lcu), annual growth rate recorded in Cuba?
- The highest recorded value was 377.86 % change on previous year in 2021.
- What is the lowest manufacturing, value added (current lcu), annual growth rate recorded in Cuba?
- The lowest recorded value was -9.32 % change on previous year in 1991.
- How does Cuba rank for manufacturing, value added (current lcu), annual growth rate?
- Cuba ranks 15th out of 203 countries with data for 2024.
- Is manufacturing, value added (current lcu), annual growth rate rising or falling in Cuba?
- Over the last ten years it is up 10,085.9%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Manufacturing, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.