Value Added Deflator (Manufacturing) — Value Standard Local Currency in Cuba
Cuba: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 311.43 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Cuba, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Cuba recorded 311.43 SLC for value added deflator (manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.
That represents a change of up 81.9% on the previous year and up 225.3% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Cuba peaked at 311.43 SLC in 2023 and was at its lowest, 16.16 SLC, in 1970.
That places Cuba 17th out of 194 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.48 SLC | 16.16 SLC | 25.24 SLC | 10 |
| 1980s | 25.62 SLC | 24.88 SLC | 26.54 SLC | 10 |
| 1990s | 45.78 SLC | 25.69 SLC | 59.52 SLC | 10 |
| 2000s | 66.76 SLC | 57.89 SLC | 80.37 SLC | 10 |
| 2010s | 99.33 SLC | 85.97 SLC | 113.89 SLC | 10 |
| 2020s | 185.35 SLC | 124.14 SLC | 311.43 SLC | 4 |
Countries ranked near Cuba
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 value added deflator (manufacturing) — value standard local currency in Cuba?
- Value added deflator (manufacturing) — value standard local currency in Cuba was 311.43 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Cuba?
- The highest recorded value was 311.43 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Cuba?
- The lowest recorded value was 16.16 SLC in 1970.
- How does Cuba rank for value added deflator (manufacturing) — value standard local currency?
- Cuba ranks 17th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Cuba?
- Over the last ten years it is up 225.3%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).