Services, value added per worker in Cuba
Cuba: Services, value added per worker was 19,918 constant 2015 US$ in 2024. ▲ Rising
Services, value added per worker in Cuba, 1996–2024
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
Cuba recorded 19,918 constant 2015 US$ for services, value added per worker in 2024.
That represents a change of up 0.5% on the previous year and up 5.2% over ten years.
Over the whole period, services, value added per worker in Cuba peaked at 20,124 constant 2015 US$ in 2019 and was at its lowest, 10,676 constant 2015 US$, in 1996.
That places Cuba 72nd out of 176 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Services, value added per worker in Cuba, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1996 | 10,676 constant 2015 US$ | — |
| 1997 | 10,717 constant 2015 US$ | +0.4% |
| 1998 | 10,878 constant 2015 US$ | +1.5% |
| 1999 | 11,246 constant 2015 US$ | +3.4% |
| 2000 | 11,583 constant 2015 US$ | +3.0% |
| 2001 | 11,826 constant 2015 US$ | +2.1% |
| 2002 | 11,900 constant 2015 US$ | +0.6% |
| 2003 | 12,295 constant 2015 US$ | +3.3% |
| 2004 | 12,685 constant 2015 US$ | +3.2% |
| 2005 | 14,075 constant 2015 US$ | +11.0% |
| 2006 | 15,383 constant 2015 US$ | +9.3% |
| 2007 | 16,122 constant 2015 US$ | +4.8% |
| 2008 | 16,648 constant 2015 US$ | +3.3% |
| 2009 | 16,563 constant 2015 US$ | -0.5% |
| 2010 | 17,353 constant 2015 US$ | +4.8% |
| 2011 | 18,217 constant 2015 US$ | +5.0% |
| 2012 | 19,175 constant 2015 US$ | +5.3% |
| 2013 | 18,689 constant 2015 US$ | -2.5% |
| 2014 | 18,925 constant 2015 US$ | +1.3% |
| 2015 | 19,272 constant 2015 US$ | +1.8% |
| 2016 | 19,303 constant 2015 US$ | +0.2% |
| 2017 | 19,564 constant 2015 US$ | +1.3% |
| 2018 | 19,910 constant 2015 US$ | +1.8% |
| 2019 | 20,124 constant 2015 US$ | +1.1% |
| 2020 | 18,806 constant 2015 US$ | -6.5% |
| 2021 | 19,511 constant 2015 US$ | +3.7% |
| 2022 | 19,938 constant 2015 US$ | +2.2% |
| 2023 | 19,826 constant 2015 US$ | -0.6% |
| 2024 | 19,918 constant 2015 US$ | +0.5% |
Cuba compared with similar countries
- Cuba's 19,918 constant 2015 US$ is above the median for upper middle income countries, which is 17,624 constant 2015 US$, 1.1× the median. (53 countries reporting)
- Cuba's 19,918 constant 2015 US$ is above the median for Latin America & Caribbean, which is 17,962 constant 2015 US$, 1.1× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10,879 constant 2015 US$ | 10,676 constant 2015 US$ | 11,246 constant 2015 US$ | 4 |
| 2000s | 13,908 constant 2015 US$ | 11,583 constant 2015 US$ | 16,648 constant 2015 US$ | 10 |
| 2010s | 19,053 constant 2015 US$ | 17,353 constant 2015 US$ | 20,124 constant 2015 US$ | 10 |
| 2020s | 19,600 constant 2015 US$ | 18,806 constant 2015 US$ | 19,938 constant 2015 US$ | 5 |
Countries ranked near Cuba
More economy & growth data for Cuba
- General government final consumption expenditure (current US$) 25.1 % change on previous year (2020)
- General government final consumption expenditure (current US$), per 0.3885 current US$ per US$ of GDP (2020)
- General government final consumption expenditure (current US$), per 3,731 current US$ per person (2020)
- General government final consumption expenditure (current LCU) 21.52 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3885 current LCU per US$ of GDP (2020)
- General government final consumption expenditure (current LCU), per 24,524 current LCU per person (2024)
- General government final consumption expenditure (constant 2015 US$) -7.43 % change on previous year (2024)
- General government final consumption expenditure (constant 2015 US$) 0.2523 constant 2015 US$ per US$ of GDP (2020)
- General government final consumption expenditure (constant 2015 US$) 2,335 constant 2015 US$ per person (2024)
- Households and NPISHs Final consumption expenditure (current US$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is services, value added per worker in Cuba?
- Services, value added per worker in Cuba was 19,918 constant 2015 US$ in 2024, according to World Development Indicators database, World Bank (WB).
- What is the highest services, value added per worker recorded in Cuba?
- The highest recorded value was 20,124 constant 2015 US$ in 2019.
- What is the lowest services, value added per worker recorded in Cuba?
- The lowest recorded value was 10,676 constant 2015 US$ in 1996.
- How does Cuba rank for services, value added per worker?
- Cuba ranks 72nd out of 176 countries with data for 2024.
- Is services, value added per worker rising or falling in Cuba?
- Over the last ten years it is up 5.2%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Services, value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.