Revenue from corporate income taxes as a share of GDP in Cuba
Cuba: Revenue from corporate income taxes as a share of GDP was 5.5% in 2015. ▲ Rising
Revenue from corporate income taxes as a share of GDP in Cuba, 1993–2015
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
In 2015, revenue from corporate income taxes as a share of gdp in Cuba stood at 5.5%.
The figure is down 4.6% on the previous year and up 11.2% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Cuba peaked at 5.8% in 2014 and was at its lowest, 0.2%, in 1993.
Cuba ranks 15th of 163 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 23 years of available data.
Revenue from corporate income taxes as a share of GDP in Cuba, year by year
| Year | % | Change |
|---|---|---|
| 1993 | 0.2% | — |
| 1994 | 0.2% | +9.1% |
| 1995 | 0.9% | +321.1% |
| 1996 | 1.9% | +118.0% |
| 1997 | 3.4% | +78.7% |
| 1998 | 4.4% | +31.2% |
| 1999 | 4.7% | +6.9% |
| 2000 | 5.0% | +6.8% |
| 2001 | 5.4% | +8.0% |
| 2002 | 5.0% | -7.4% |
| 2003 | 5.2% | +3.2% |
| 2004 | 5.2% | -0.3% |
| 2005 | 5.0% | -3.5% |
| 2006 | 3.9% | -22.4% |
| 2007 | 5.1% | +32.3% |
| 2008 | 5.0% | -2.5% |
| 2009 | 4.4% | -12.5% |
| 2010 | 4.7% | +8.5% |
| 2011 | 5.4% | +14.4% |
| 2012 | 5.0% | -7.7% |
| 2013 | 5.5% | +9.7% |
| 2014 | 5.8% | +5.8% |
| 2015 | 5.5% | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.2% | 0.2% | 4.7% | 7 |
| 2000s | 4.9% | 3.9% | 5.4% | 10 |
| 2010s | 5.3% | 4.7% | 5.8% | 6 |
Countries ranked near Cuba
- 12 Malaysia 5.9% compare
- 13 Cyprus 5.7% compare
- 14 Hong Kong, China 5.6% compare
- 16 Tuvalu 5.5% compare
- 17 Bolivia, Plurinational State of 5.5% compare
- 18 South Africa 5.3% compare
More economy & growth data for Cuba
- Final consumption expenditure (constant 2015 US$), per capita 6,826 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 4.8 % change on previous year (2020)
- Gross national expenditure (current US$), per unit of GDP 0.9935 current US$ per US$ of GDP (2020)
- Gross national expenditure (current US$), per capita 9,542 current US$ per person (2020)
- Gross national expenditure (current LCU), annual growth rate 41.58 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 0.9935 current LCU per US$ of GDP (2020)
- Gross national expenditure (current LCU), per capita 138,236 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), annual growth rate -1.52 % change on previous year (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.7765 constant 2015 US$ per US$ of GDP (2020)
- Gross national expenditure (constant 2015 US$), per capita 7,601 constant 2015 US$ per person (2024)
Frequently asked questions
- What is revenue from corporate income taxes as a share of gdp in Cuba?
- Revenue from corporate income taxes as a share of gdp in Cuba was 5.5% in 2015, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Cuba?
- The highest recorded value was 5.8% in 2014.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Cuba?
- The lowest recorded value was 0.2% in 1993.
- How does Cuba rank for revenue from corporate income taxes as a share of gdp?
- Cuba ranks 15th out of 163 countries with data for 2015.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Cuba?
- Over the last ten years it is up 11.2%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.