Taxes less subsidies on products (current US$), annual growth rate in Cuba
Cuba: Taxes less subsidies on products (current US$), annual growth rate was -50.13 % change on previous year in 2020. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Cuba, 1971–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (current us$), annual growth rate in Cuba is -50.13 % change on previous year, measured in 2020.
The figure is down 240.4% on the previous year and down 1,149.4% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Cuba peaked at 230.57 % change on previous year in 1994 and was at its lowest, -94.26 % change on previous year, in 1996.
That places Cuba 195th out of 197 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.53 % change on previous year | — |
| 1972 | 17.67 % change on previous year | -18.0% |
| 1973 | 22.67 % change on previous year | +28.3% |
| 1974 | 13.93 % change on previous year | -38.6% |
| 1975 | 14.63 % change on previous year | +5.1% |
| 1976 | 6.12 % change on previous year | -58.2% |
| 1977 | 2.78 % change on previous year | -54.5% |
| 1978 | 24.89 % change on previous year | +794.3% |
| 1979 | 8.63 % change on previous year | -65.3% |
| 1980 | 5.18 % change on previous year | -40.0% |
| 1981 | 0.906 % change on previous year | -82.5% |
| 1982 | 1.25 % change on previous year | +38.2% |
| 1983 | 3.54 % change on previous year | +182.3% |
| 1984 | 4.64 % change on previous year | +31.2% |
| 1985 | 21.28 % change on previous year | +358.6% |
| 1986 | -10.91 % change on previous year | -151.3% |
| 1987 | -11.08 % change on previous year | +1.6% |
| 1988 | 8.53 % change on previous year | -177.0% |
| 1989 | -10.85 % change on previous year | -227.1% |
| 1990 | 3.23 % change on previous year | -129.8% |
| 1991 | -50.14 % change on previous year | -1653.3% |
| 1992 | 22.03 % change on previous year | -143.9% |
| 1993 | 27.32 % change on previous year | +24.0% |
| 1994 | 230.57 % change on previous year | +743.9% |
| 1995 | 30.7 % change on previous year | -86.7% |
| 1996 | -94.26 % change on previous year | -407.0% |
| 1997 | -10.41 % change on previous year | -89.0% |
| 1998 | 7.4 % change on previous year | -171.1% |
| 1999 | 7.42 % change on previous year | +0.2% |
| 2000 | 1.93 % change on previous year | -73.9% |
| 2001 | 1.87 % change on previous year | -3.2% |
| 2002 | -20.84 % change on previous year | -1214.3% |
| 2003 | 15.99 % change on previous year | -176.7% |
| 2004 | 6.76 % change on previous year | -57.7% |
| 2005 | 25.09 % change on previous year | +271.3% |
| 2006 | 10.56 % change on previous year | -57.9% |
| 2007 | 11.9 % change on previous year | +12.6% |
| 2008 | 35.7 % change on previous year | +200.1% |
| 2009 | -29.9 % change on previous year | -183.8% |
| 2010 | 4.78 % change on previous year | -116.0% |
| 2011 | 28.02 % change on previous year | +486.6% |
| 2012 | 5.51 % change on previous year | -80.3% |
| 2013 | 8.26 % change on previous year | +49.9% |
| 2014 | -7.17 % change on previous year | -186.8% |
| 2015 | 10.82 % change on previous year | -250.9% |
| 2016 | 6.7 % change on previous year | -38.1% |
| 2017 | 1.62 % change on previous year | -75.9% |
| 2018 | 13.29 % change on previous year | +722.6% |
| 2019 | 35.72 % change on previous year | +168.8% |
| 2020 | -50.13 % change on previous year | -240.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.76 % change on previous year | 2.78 % change on previous year | 24.89 % change on previous year | 9 |
| 1980s | 1.25 % change on previous year | -11.08 % change on previous year | 21.28 % change on previous year | 10 |
| 1990s | 17.39 % change on previous year | -94.26 % change on previous year | 230.57 % change on previous year | 10 |
| 2000s | 5.91 % change on previous year | -29.9 % change on previous year | 35.7 % change on previous year | 10 |
| 2010s | 10.75 % change on previous year | -7.17 % change on previous year | 35.72 % change on previous year | 10 |
| 2020s | -50.13 % change on previous year | -50.13 % change on previous year | -50.13 % change on previous year | 1 |
Countries ranked near Cuba
- 192 Somalia -22.18 % change on previous year compare
- 193 Bangladesh -26.33 % change on previous year compare
- 194 Sudan -43.06 % change on previous year compare
- 196 Timor-Leste -81.85 % change on previous year compare
- 197 Venezuela, Bolivarian Republic of -100 % change on previous year compare
More economy & growth data for Cuba
- Imports of goods and services (constant 2015 US$), annual growth rate -1.34 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.0908 constant 2015 US$ per US$ of GDP (2020)
- Imports of goods and services (constant 2015 US$), per capita 742.25 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -57.73 % change on previous year (2020)
- External balance on goods and services (current LCU), annual growth -78.36 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 15.36 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0276 current LCU per US$ of GDP (2020)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,225 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -20.53 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0229 constant 2015 US$ per US$ of GDP (2020)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Cuba?
- Taxes less subsidies on products (current us$), annual growth rate in Cuba was -50.13 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Cuba?
- The highest recorded value was 230.57 % change on previous year in 1994.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Cuba?
- The lowest recorded value was -94.26 % change on previous year in 1996.
- How does Cuba rank for taxes less subsidies on products (current us$), annual growth rate?
- Cuba ranks 195th out of 197 countries with data for 2020.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Cuba?
- Over the last ten years it is down 1,149.4%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.