Services, value added (current US$), per unit of GDP in Cuba
Cuba: Services, value added (current US$), per unit of GDP was 0.7351 current US$ per US$ of GDP in 2020. ▲ Rising
Services, value added (current US$), per unit of GDP in Cuba, 1996–2020
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2020, services, value added (current us$), per unit of gdp in Cuba stood at 0.7351 current US$ per US$ of GDP. That is the highest value across all 25 years on record.
The figure is up 4.4% on the previous year and up 1.4% over ten years.
Over the whole period, services, value added (current us$), per unit of gdp in Cuba peaked at 0.7351 current US$ per US$ of GDP in 2020 and was at its lowest, 0.6391 current US$ per US$ of GDP, in 1997.
That places Cuba 20th out of 204 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Services, value added (current US$), per unit of GDP in Cuba, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1996 | 0.6468 current US$ per US$ of GDP | — |
| 1997 | 0.6391 current US$ per US$ of GDP | -1.2% |
| 1998 | 0.6656 current US$ per US$ of GDP | +4.1% |
| 1999 | 0.6711 current US$ per US$ of GDP | +0.8% |
| 2000 | 0.6657 current US$ per US$ of GDP | -0.8% |
| 2001 | 0.6749 current US$ per US$ of GDP | +1.4% |
| 2002 | 0.694 current US$ per US$ of GDP | +2.8% |
| 2003 | 0.7072 current US$ per US$ of GDP | +1.9% |
| 2004 | 0.7145 current US$ per US$ of GDP | +1.0% |
| 2005 | 0.7295 current US$ per US$ of GDP | +2.1% |
| 2006 | 0.7327 current US$ per US$ of GDP | +0.4% |
| 2007 | 0.7244 current US$ per US$ of GDP | -1.1% |
| 2008 | 0.7232 current US$ per US$ of GDP | -0.2% |
| 2009 | 0.7245 current US$ per US$ of GDP | +0.2% |
| 2010 | 0.7247 current US$ per US$ of GDP | +0.0% |
| 2011 | 0.7301 current US$ per US$ of GDP | +0.7% |
| 2012 | 0.7166 current US$ per US$ of GDP | -1.8% |
| 2013 | 0.7177 current US$ per US$ of GDP | +0.2% |
| 2014 | 0.7288 current US$ per US$ of GDP | +1.6% |
| 2015 | 0.7276 current US$ per US$ of GDP | -0.2% |
| 2016 | 0.7205 current US$ per US$ of GDP | -1.0% |
| 2017 | 0.7082 current US$ per US$ of GDP | -1.7% |
| 2018 | 0.7021 current US$ per US$ of GDP | -0.9% |
| 2019 | 0.7041 current US$ per US$ of GDP | +0.3% |
| 2020 | 0.7351 current US$ per US$ of GDP | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6557 current US$ per US$ of GDP | 0.6391 current US$ per US$ of GDP | 0.6711 current US$ per US$ of GDP | 4 |
| 2000s | 0.7091 current US$ per US$ of GDP | 0.6657 current US$ per US$ of GDP | 0.7327 current US$ per US$ of GDP | 10 |
| 2010s | 0.718 current US$ per US$ of GDP | 0.7021 current US$ per US$ of GDP | 0.7301 current US$ per US$ of GDP | 10 |
| 2020s | 0.7351 current US$ per US$ of GDP | 0.7351 current US$ per US$ of GDP | 0.7351 current US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 17 Barbados 0.7584 current US$ per US$ of GDP compare
- 18 Djibouti 0.7566 current US$ per US$ of GDP compare
- 19 Saint Lucia 0.7381 current US$ per US$ of GDP compare
- 21 United Kingdom of Great Britain and Northern Ireland 0.731 current US$ per US$ of GDP compare
- 22 Palau 0.7308 current US$ per US$ of GDP compare
- 23 Israel 0.7285 current US$ per US$ of GDP compare
More economy & growth data for Cuba
- Services, value added (current US$), annual growth rate 8.37 % change on previous year (2020)
- Services, value added (current US$), per capita 7,061 current US$ per person (2020)
- Services, value added (current LCU), annual growth rate 31.15 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 0.7351 current LCU per US$ of GDP (2020)
- Services, value added (current LCU), per capita 72,507 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate -0.0514 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5615 constant 2015 US$ per US$ of GDP (2020)
- Services, value added (constant 2015 US$), per capita 5,863 constant 2015 US$ per person (2024)
- Services, value added (constant LCU), per capita 3,714 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 32.22 % change on previous year (2024)
Frequently asked questions
- What is services, value added (current us$), per unit of gdp in Cuba?
- Services, value added (current us$), per unit of gdp in Cuba was 0.7351 current US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest services, value added (current us$), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.7351 current US$ per US$ of GDP in 2020.
- What is the lowest services, value added (current us$), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.6391 current US$ per US$ of GDP in 1997.
- How does Cuba rank for services, value added (current us$), per unit of gdp?
- Cuba ranks 20th out of 204 countries with data for 2020.
- Is services, value added (current us$), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is up 1.4%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.