Value of imported goods as a share of GDP in Cuba

Cuba: Value of imported goods as a share of GDP was 6.7% in 2020. ▲ Rising

Latest (2020)
6.7%
Change on year
down 29.6%
World rank
201st
of 201 countries
All-time high
23.7%
in 2008
All-time low
6.5%
in 1994
Years of data
40
1981–2020

Value of imported goods as a share of GDP in Cuba, 1981–2020

5101520251981200020201981: 10.3 %1982: 7.9 %1983: 7.8 %1984: 10.2 %1985: 13.7 %1986: 11 %1987: 8.2 %1988: 10.5 %1989: 11.4 %1990: 10.1 %1991: 9.5 %1992: 6.7 %1993: 6.7 %1994: 6.5 %1995: 8.5 %1996: 11.9 %1997: 9.7 %1998: 11.6 %1999: 10.2 %2000: 15.8 %2001: 15 %2002: 12.4 %2003: 13 %2004: 14.7 %2005: 18.9 %2006: 18.7 %2007: 19.5 %2008: 23.7 %2009: 14.6 %2010: 15.5 %2011: 15.5 %2012: 15.2 %2013: 15.2 %2014: 12.6 %2015: 13 %2016: 11.1 %2017: 10.4 %2018: 11.4 %2019: 9.5 %2020: 6.7 %

Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2020, value of imported goods as a share of gdp in Cuba stood at 6.7%.

Compared with earlier readings it is down 29.6% on the previous year and down 56.7% over ten years.

Over the whole period, value of imported goods as a share of gdp in Cuba peaked at 23.7% in 2008 and was at its lowest, 6.5%, in 1994.

Cuba ranks 201st of 201 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 40 years of available data.

Value of imported goods as a share of GDP in Cuba, year by year

Annual values for Value of imported goods as a share of GDP in Cuba, 1981 to 2020.
Year % Change
1981 10.3%
1982 7.9% -23.2%
1983 7.8% -2.0%
1984 10.2% +31.8%
1985 13.7% +34.3%
1986 11.0% -19.9%
1987 8.2% -25.7%
1988 10.5% +29.0%
1989 11.4% +7.7%
1990 10.1% -10.7%
1991 9.5% -6.1%
1992 6.7% -29.9%
1993 6.7% +0.9%
1994 6.5% -4.2%
1995 8.5% +31.3%
1996 11.9% +40.9%
1997 9.7% -18.4%
1998 11.6% +18.7%
1999 10.2% -11.8%
2000 15.8% +55.0%
2001 15.0% -5.3%
2002 12.4% -17.1%
2003 13.0% +4.5%
2004 14.7% +13.0%
2005 18.9% +29.1%
2006 18.7% -1.0%
2007 19.5% +4.2%
2008 23.7% +21.4%
2009 14.6% -38.6%
2010 15.5% +6.4%
2011 15.5% +0.1%
2012 15.2% -2.2%
2013 15.2% +0.0%
2014 12.6% -17.1%
2015 13.0% +3.7%
2016 11.1% -14.7%
2017 10.4% -6.4%
2018 11.4% +9.5%
2019 9.5% -16.5%
2020 6.7% -29.6%

Averages by decade

DecadeAverage LowestHighest Years
1980s 10.1% 7.8% 13.7% 9
1990s 9.1% 6.5% 11.9% 10
2000s 16.6% 12.4% 23.7% 10
2010s 12.9% 9.5% 15.5% 10
2020s 6.7% 6.7% 6.7% 1

Countries ranked near Cuba

  1. 198 Equatorial Guinea 8.0% compare
  2. 199 Chad 7.3% compare
  3. 200 Haiti 7.2% compare

See the full ranking of 201 places →

More economy & growth data for Cuba

All data for Cuba →

Frequently asked questions

What is value of imported goods as a share of gdp in Cuba?
Value of imported goods as a share of gdp in Cuba was 6.7% in 2020, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
What is the highest value of imported goods as a share of gdp recorded in Cuba?
The highest recorded value was 23.7% in 2008.
What is the lowest value of imported goods as a share of gdp recorded in Cuba?
The lowest recorded value was 6.5% in 1994.
How does Cuba rank for value of imported goods as a share of gdp?
Cuba ranks 201st out of 201 countries with data for 2020.
Is value of imported goods as a share of gdp rising or falling in Cuba?
Over the last ten years it is down 56.7%. The long-run trend across the full record is rising.
Where does this Cuba data come from?
The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.

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Value of imported goods as a share of GDP in Cuba. Statizoid, drawing on International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Retrieved 09 September 2026, from https://economy.statizoid.com/stat/merchandise-imports-as-a-share-of-countrys-gdp/cuba/

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About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
Source
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 10,161 data points, 1960–2024
Last refreshed

Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).