Value Added (Total Manufacturing) — Annual growth US$ in Cuba
Cuba: Value Added (Total Manufacturing) — Annual growth US$ was 69.44 % in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Annual growth US$ in Cuba, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Cuba recorded 69.44 % for value added (total manufacturing) — annual growth us$ in 2023. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 275.2% on the previous year and up 2,171.7% over ten years.
Over the whole period, value added (total manufacturing) — annual growth us$ in Cuba peaked at 69.44 % in 2023 and was at its lowest, -20.5 %, in 1996.
Cuba ranks 2nd of 236 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Annual growth US$ in Cuba, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 21.47 % | — |
| 1972 | 17.65 % | -17.8% |
| 1973 | 22.76 % | +28.9% |
| 1974 | 14.15 % | -37.8% |
| 1975 | 14.27 % | +0.8% |
| 1976 | 5.92 % | -58.5% |
| 1977 | 2.97 % | -49.8% |
| 1978 | 25.52 % | +759.5% |
| 1979 | 9.54 % | -62.6% |
| 1980 | 2.18 % | -77.1% |
| 1981 | 1.34 % | -38.5% |
| 1982 | 3.33 % | +148.5% |
| 1983 | 5.76 % | +72.6% |
| 1984 | 7.42 % | +29.0% |
| 1985 | -0.8579 % | -111.6% |
| 1986 | 4.06 % | -573.6% |
| 1987 | -0.5751 % | -114.2% |
| 1988 | 11.05 % | -2021.9% |
| 1989 | -5.14 % | -146.5% |
| 1990 | 1.35 % | -126.3% |
| 1991 | -6.93 % | -613.3% |
| 1992 | 3.6 % | -152.0% |
| 1993 | 1.62 % | -54.9% |
| 1994 | 52.45 % | +3128.1% |
| 1995 | 14.07 % | -73.2% |
| 1996 | -20.5 % | -245.6% |
| 1997 | 5.18 % | -125.3% |
| 1998 | -6.36 % | -222.9% |
| 1999 | 8.36 % | -231.4% |
| 2000 | 6.51 % | -22.0% |
| 2001 | 1.42 % | -78.1% |
| 2002 | 1.31 % | -7.9% |
| 2003 | -0.9267 % | -170.6% |
| 2004 | 2.99 % | -422.4% |
| 2005 | 12.54 % | +319.8% |
| 2006 | 19.52 % | +55.6% |
| 2007 | 20.12 % | +3.1% |
| 2008 | 4.85 % | -75.9% |
| 2009 | 4.3 % | -11.2% |
| 2010 | 8.13 % | +89.0% |
| 2011 | 6.05 % | -25.6% |
| 2012 | 10.46 % | +72.9% |
| 2013 | 3.06 % | -70.8% |
| 2014 | 0.2554 % | -91.6% |
| 2015 | 6.84 % | +2576.5% |
| 2016 | -2.66 % | -138.9% |
| 2017 | 3.32 % | -224.8% |
| 2018 | -1.96 % | -158.9% |
| 2019 | 0.684 % | -135.0% |
| 2020 | -6.87 % | -1104.6% |
| 2021 | -8.63 % | +25.6% |
| 2022 | 18.5 % | -314.4% |
| 2023 | 69.44 % | +275.2% |
Cuba compared with similar countries
- Cuba's 69.44 % is above the median for upper middle income countries, which is 3.71 %, 18.7× the median. (54 countries reporting)
- Cuba's 69.44 % is above the median for Latin America & Caribbean, which is 5.11 %, 13.6× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Annual growth US$ in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +3128.1% | 1.62 % | 52.45 % |
| 2015 | +2576.5% | 0.2554 % | 6.84 % |
| 1988 | +2021.9% | -0.5751 % | 11.05 % |
| 2020 | -1104.6% | 0.684 % | -6.87 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.92 % | 2.97 % | 25.52 % | 9 |
| 1980s | 2.86 % | -5.14 % | 11.05 % | 10 |
| 1990s | 5.29 % | -20.5 % | 52.45 % | 10 |
| 2000s | 7.26 % | -0.9267 % | 20.12 % | 10 |
| 2010s | 3.42 % | -2.66 % | 10.46 % | 10 |
| 2020s | 18.11 % | -8.63 % | 69.44 % | 4 |
Countries ranked near Cuba
- 1 Lebanon 493.98 % compare
- 3 Saint Lucia 55.11 % compare
- 4 South Sudan 50.52 % compare
- 5 China, Macao SAR 49.08 % compare
More economy & growth data for Cuba
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, US dollar, per capita 0 units per person (2016)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, SDR, per capita 0 units per person (2016)
- IMF holdings of currency, US dollar, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, US dollar, per capita 0 units per person (2016)
- IMF holdings of currency, SDR, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, SDR, per capita 0 units per person (2016)
Frequently asked questions
- What is value added (total manufacturing) — annual growth us$ in Cuba?
- Value added (total manufacturing) — annual growth us$ in Cuba was 69.44 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — annual growth us$ recorded in Cuba?
- The highest recorded value was 69.44 % in 2023.
- What is the lowest value added (total manufacturing) — annual growth us$ recorded in Cuba?
- The lowest recorded value was -20.5 % in 1996.
- How does Cuba rank for value added (total manufacturing) — annual growth us$?
- Cuba ranks 2nd out of 236 countries with data for 2023.
- Is value added (total manufacturing) — annual growth us$ rising or falling in Cuba?
- Over the last ten years it is up 2,171.7%. 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 (Total Manufacturing) — Annual growth US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).