Taxes on goods and services gdp in Cuba
Cuba: Taxes on goods and services gdp was 1.94 in 2021. ▼ Falling
Taxes on goods and services gdp in Cuba, 1990–2021
Source: Our World in Data.
Analysis
Cuba recorded 1.94 for taxes on goods and services gdp in 2021. That is the lowest value across all 32 years on record.
That represents a change of down 88.8% on the previous year and down 90.2% over ten years.
Over the whole period, taxes on goods and services gdp in Cuba peaked at 29.09 in 2006 and was at its lowest, 1.94, in 2021.
That places Cuba 176th out of 186 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 32 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 23.77 | 21.01 | 26.58 | 10 |
| 2000s | 23.31 | 20.16 | 29.09 | 10 |
| 2010s | 20.87 | 19.09 | 22.77 | 10 |
| 2020s | 9.67 | 1.94 | 17.39 | 2 |
Countries ranked near Cuba
- 173 Afghanistan 1.98 compare
- 174 Sierra Leone 1.95 compare
- 175 Comoros 1.95 compare
- 177 Ethiopia 1.85
- 178 Chad 1.61 compare
- 179 Liberia 1.5
More economy & growth data for Cuba
- Taxes less subsidies on products (current US$), annual growth rate -50.13 % change on previous year (2020)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0071 current US$ per US$ of GDP (2020)
- Taxes less subsidies on products (current US$), per capita 68.18 current US$ per person (2020)
- Taxes less subsidies on products (current LCU), annual growth rate 122.26 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0071 current LCU per US$ of GDP (2020)
- Taxes less subsidies on products (current LCU), per capita 1,502 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 1 (1974)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.9978 (1974)
- Domestic currency per US dollar (End-of-period (EoP)) 0.815 (1974)
- US dollar per domestic currency (End-of-period (EoP)) 1.23 (1974)
Frequently asked questions
- What is taxes on goods and services gdp in Cuba?
- Taxes on goods and services gdp in Cuba was 1.94 in 2021, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Cuba?
- The highest recorded value was 29.09 in 2006.
- What is the lowest taxes on goods and services gdp recorded in Cuba?
- The lowest recorded value was 1.94 in 2021.
- How does Cuba rank for taxes on goods and services gdp?
- Cuba ranks 176th out of 186 countries with data for 2021.
- Is taxes on goods and services gdp rising or falling in Cuba?
- Over the last ten years it is down 90.2%. The long-run trend across the full record is falling.
- Where does this Cuba data come from?
- The figures come from Our World in Data, published as part of Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
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