Value Added (Total Manufacturing) — Value Standard Local Currency in Cuba
Cuba: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0006 million SLC per person in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Cuba, 1970–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Cuba is 0.0006 million SLC per person, measured in 2023.
That represents a change of down 6.5% on the previous year and down 42.7% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Cuba peaked at 0.0012 million SLC per person in 2015 and was at its lowest, 0.0005 million SLC per person, in 1970.
Cuba ranks 168th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Cuba, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0005 million SLC per person | — |
| 1971 | 0.0005 million SLC per person | +6.7% |
| 1972 | 0.0006 million SLC per person | +3.2% |
| 1973 | 0.0006 million SLC per person | +1.9% |
| 1974 | 0.0006 million SLC per person | -0.3% |
| 1975 | 0.0006 million SLC per person | +8.4% |
| 1976 | 0.0006 million SLC per person | +4.4% |
| 1977 | 0.0007 million SLC per person | +7.8% |
| 1978 | 0.0007 million SLC per person | +5.8% |
| 1979 | 0.0007 million SLC per person | +0.4% |
| 1980 | 0.0007 million SLC per person | -4.5% |
| 1981 | 0.0008 million SLC per person | +18.7% |
| 1982 | 0.0009 million SLC per person | +7.7% |
| 1983 | 0.0009 million SLC per person | +4.4% |
| 1984 | 0.001 million SLC per person | +6.6% |
| 1985 | 0.001 million SLC per person | +6.1% |
| 1986 | 0.001 million SLC per person | -6.5% |
| 1987 | 0.0009 million SLC per person | -4.5% |
| 1988 | 0.001 million SLC per person | +4.4% |
| 1989 | 0.001 million SLC per person | -2.1% |
| 1990 | 0.0009 million SLC per person | -5.9% |
| 1991 | 0.0008 million SLC per person | -10.2% |
| 1992 | 0.0007 million SLC per person | -17.0% |
| 1993 | 0.0006 million SLC per person | -11.9% |
| 1994 | 0.0006 million SLC per person | +7.2% |
| 1995 | 0.0007 million SLC per person | +6.0% |
| 1996 | 0.0007 million SLC per person | +7.5% |
| 1997 | 0.0008 million SLC per person | +5.8% |
| 1998 | 0.0007 million SLC per person | -8.4% |
| 1999 | 0.0007 million SLC per person | +6.8% |
| 2000 | 0.0008 million SLC per person | +4.8% |
| 2001 | 0.0008 million SLC per person | -0.9% |
| 2002 | 0.0008 million SLC per person | -0.1% |
| 2003 | 0.0008 million SLC per person | -2.3% |
| 2004 | 0.0008 million SLC per person | +2.2% |
| 2005 | 0.0008 million SLC per person | +9.3% |
| 2006 | 0.0009 million SLC per person | +4.5% |
| 2007 | 0.001 million SLC per person | +9.6% |
| 2008 | 0.001 million SLC per person | +5.2% |
| 2009 | 0.001 million SLC per person | +0.9% |
| 2010 | 0.001 million SLC per person | +1.1% |
| 2011 | 0.0011 million SLC per person | +3.9% |
| 2012 | 0.0011 million SLC per person | +2.2% |
| 2013 | 0.0011 million SLC per person | +2.1% |
| 2014 | 0.0011 million SLC per person | -3.5% |
| 2015 | 0.0012 million SLC per person | +6.4% |
| 2016 | 0.0011 million SLC per person | -5.1% |
| 2017 | 0.0011 million SLC per person | -0.9% |
| 2018 | 0.0011 million SLC per person | -0.7% |
| 2019 | 0.001 million SLC per person | -5.9% |
| 2020 | 0.0009 million SLC per person | -14.4% |
| 2021 | 0.0007 million SLC per person | -15.4% |
| 2022 | 0.0007 million SLC per person | -6.2% |
| 2023 | 0.0006 million SLC per person | -6.5% |
Cuba compared with similar countries
- Cuba's 0.0006 million SLC per person is below the median for upper middle income countries, which is 0.0058 million SLC per person, 11% of the median. (54 countries reporting)
- Cuba's 0.0006 million SLC per person is below the median for Latin America & Caribbean, which is 0.0025 million SLC per person, 26% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0006 million SLC per person | 0.0005 million SLC per person | 0.0007 million SLC per person | 10 |
| 1980s | 0.0009 million SLC per person | 0.0007 million SLC per person | 0.001 million SLC per person | 10 |
| 1990s | 0.0007 million SLC per person | 0.0006 million SLC per person | 0.0009 million SLC per person | 10 |
| 2000s | 0.0009 million SLC per person | 0.0008 million SLC per person | 0.001 million SLC per person | 10 |
| 2010s | 0.0011 million SLC per person | 0.001 million SLC per person | 0.0012 million SLC per person | 10 |
| 2020s | 0.0007 million SLC per person | 0.0006 million SLC per person | 0.0009 million SLC per person | 4 |
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 value added (total manufacturing) — value standard local currency in Cuba?
- Value added (total manufacturing) — value standard local currency in Cuba was 0.0006 million SLC per person in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Cuba?
- The highest recorded value was 0.0012 million SLC per person in 2015.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Cuba?
- The lowest recorded value was 0.0005 million SLC per person in 1970.
- How does Cuba rank for value added (total manufacturing) — value standard local currency?
- Cuba ranks 168th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Cuba?
- Over the last ten years it is down 42.7%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.