Revenue Statistics: Comparative tax revenues … Latin in Cuba
Cuba: Revenue Statistics: Comparative tax revenues … Latin was 22.91 Percentage of GDP in 2024. ▼ Falling
Revenue Statistics in Latin America and the Caribbean - Comparative in Cuba, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, revenue statistics in latin america and the caribbean - comparative in Cuba stood at 22.91 Percentage of GDP.
Compared with earlier readings it is up 28.3% on the previous year and down 38.3% over ten years.
Over the whole period, revenue statistics in latin america and the caribbean - comparative in Cuba peaked at 44.74 Percentage of GDP in 2006 and was at its lowest, 17.7 Percentage of GDP, in 2021.
That places Cuba 13th out of 29 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 35 years of available data.
Revenue Statistics: Comparative tax revenues … Latin in Cuba, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1990 | 31.89 Percentage of GDP | — |
| 1991 | 32.12 Percentage of GDP | +0.7% |
| 1992 | 35.01 Percentage of GDP | +9.0% |
| 1993 | 32.79 Percentage of GDP | -6.3% |
| 1994 | 36.72 Percentage of GDP | +12.0% |
| 1995 | 36.68 Percentage of GDP | -0.1% |
| 1996 | 31.85 Percentage of GDP | -13.2% |
| 1997 | 33.8 Percentage of GDP | +6.1% |
| 1998 | 35.95 Percentage of GDP | +6.3% |
| 1999 | 37.14 Percentage of GDP | +3.3% |
| 2000 | 37.19 Percentage of GDP | +0.1% |
| 2001 | 35.97 Percentage of GDP | -3.3% |
| 2002 | 36.61 Percentage of GDP | +1.8% |
| 2003 | 36.64 Percentage of GDP | +0.1% |
| 2004 | 35.55 Percentage of GDP | -3.0% |
| 2005 | 41.1 Percentage of GDP | +15.6% |
| 2006 | 44.74 Percentage of GDP | +8.8% |
| 2007 | 44 Percentage of GDP | -1.6% |
| 2008 | 41.17 Percentage of GDP | -6.4% |
| 2009 | 40.59 Percentage of GDP | -1.4% |
| 2010 | 37.23 Percentage of GDP | -8.3% |
| 2011 | 37.86 Percentage of GDP | +1.7% |
| 2012 | 39.2 Percentage of GDP | +3.5% |
| 2013 | 36.52 Percentage of GDP | -6.8% |
| 2014 | 37.12 Percentage of GDP | +1.6% |
| 2015 | 38.08 Percentage of GDP | +2.6% |
| 2016 | 41.15 Percentage of GDP | +8.0% |
| 2017 | 42.36 Percentage of GDP | +2.9% |
| 2018 | 42.29 Percentage of GDP | -0.2% |
| 2019 | 42.06 Percentage of GDP | -0.5% |
| 2020 | 37.51 Percentage of GDP | -10.8% |
| 2021 | 17.7 Percentage of GDP | -52.8% |
| 2022 | 18.33 Percentage of GDP | +3.5% |
| 2023 | 17.86 Percentage of GDP | -2.6% |
| 2024 | 22.91 Percentage of GDP | +28.3% |
Cuba compared with similar countries
- Cuba's 22.91 Percentage of GDP is above the median for Latin America & Caribbean, which is 21.28 Percentage of GDP, 1.1× the median. (29 countries reporting)
- Cuba's 22.91 Percentage of GDP is above the median for upper middle income countries, which is 21.49 Percentage of GDP, 1.1× the median. (16 countries reporting)
Biggest year-on-year movements
Years where Revenue Statistics: Comparative tax revenues … Latin in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | -52.8% | 37.51 Percentage of GDP | 17.7 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.4 Percentage of GDP | 31.85 Percentage of GDP | 37.14 Percentage of GDP | 10 |
| 2000s | 39.36 Percentage of GDP | 35.55 Percentage of GDP | 44.74 Percentage of GDP | 10 |
| 2010s | 39.39 Percentage of GDP | 36.52 Percentage of GDP | 42.36 Percentage of GDP | 10 |
| 2020s | 22.86 Percentage of GDP | 17.7 Percentage of GDP | 37.51 Percentage of GDP | 5 |
Countries ranked near Cuba
More economy & growth data for Cuba
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, US dollar, per capita 0 units per person (2016)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, SDR, per capita 0 units per person (2016)
- IMF holdings of currency, US dollar, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, US dollar, per capita 0 units per person (2016)
- IMF holdings of currency, SDR, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, SDR, per capita 0 units per person (2016)
Frequently asked questions
- What is revenue statistics in latin america and the caribbean - comparative in Cuba?
- Revenue statistics in latin america and the caribbean - comparative in Cuba was 22.91 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in latin america and the caribbean - comparative recorded in Cuba?
- The highest recorded value was 44.74 Percentage of GDP in 2006.
- What is the lowest revenue statistics in latin america and the caribbean - comparative recorded in Cuba?
- The lowest recorded value was 17.7 Percentage of GDP in 2021.
- How does Cuba rank for revenue statistics in latin america and the caribbean - comparative?
- Cuba ranks 13th out of 29 countries with data for 2024.
- Is revenue statistics in latin america and the caribbean - comparative rising or falling in Cuba?
- Over the last ten years it is down 38.3%. The long-run trend across the full record is falling.
- Where does this Cuba data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Latin America and the Caribbean - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from Revenue Statistics in Latin America and the Caribbean countries presented as a percentage of GDP and as a share of total tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.