Value Added (Total Manufacturing) — Value Standard Local Currency in Cuba
Cuba: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.002 million SLC per person in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Cuba, 1970–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Cuba recorded 0.002 million SLC per person for value added (total manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.
The figure is up 70.0% on the previous year and up 86.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Cuba peaked at 0.002 million SLC per person in 2023 and was at its lowest, 0.0001 million SLC per person, in 1970.
That places Cuba 149th out of 194 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Cuba, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0001 million SLC per person | — |
| 1971 | 0.0001 million SLC per person | +19.4% |
| 1972 | 0.0001 million SLC per person | +10.3% |
| 1973 | 0.0001 million SLC per person | +5.3% |
| 1974 | 0.0001 million SLC per person | +11.5% |
| 1975 | 0.0001 million SLC per person | +13.0% |
| 1976 | 0.0001 million SLC per person | +5.0% |
| 1977 | 0.0002 million SLC per person | +3.3% |
| 1978 | 0.0002 million SLC per person | +15.7% |
| 1979 | 0.0002 million SLC per person | +3.3% |
| 1980 | 0.0002 million SLC per person | +0.4% |
| 1981 | 0.0002 million SLC per person | +16.3% |
| 1982 | 0.0002 million SLC per person | +5.1% |
| 1983 | 0.0002 million SLC per person | +6.0% |
| 1984 | 0.0003 million SLC per person | +9.0% |
| 1985 | 0.0003 million SLC per person | +2.5% |
| 1986 | 0.0002 million SLC per person | -6.1% |
| 1987 | 0.0002 million SLC per person | -7.0% |
| 1988 | 0.0002 million SLC per person | +6.1% |
| 1989 | 0.0002 million SLC per person | -3.3% |
| 1990 | 0.0002 million SLC per person | -3.2% |
| 1991 | 0.0002 million SLC per person | -10.0% |
| 1992 | 0.0002 million SLC per person | +4.0% |
| 1993 | 0.0002 million SLC per person | +1.1% |
| 1994 | 0.0003 million SLC per person | +51.8% |
| 1995 | 0.0004 million SLC per person | +20.3% |
| 1996 | 0.0004 million SLC per person | +1.2% |
| 1997 | 0.0004 million SLC per person | +4.8% |
| 1998 | 0.0004 million SLC per person | -6.7% |
| 1999 | 0.0004 million SLC per person | +8.0% |
| 2000 | 0.0005 million SLC per person | +6.2% |
| 2001 | 0.0005 million SLC per person | +1.1% |
| 2002 | 0.0005 million SLC per person | +1.0% |
| 2003 | 0.0005 million SLC per person | -1.2% |
| 2004 | 0.0005 million SLC per person | +2.7% |
| 2005 | 0.0005 million SLC per person | +12.3% |
| 2006 | 0.0006 million SLC per person | +19.3% |
| 2007 | 0.0008 million SLC per person | +20.0% |
| 2008 | 0.0008 million SLC per person | +4.8% |
| 2009 | 0.0008 million SLC per person | +4.3% |
| 2010 | 0.0009 million SLC per person | +8.1% |
| 2011 | 0.0009 million SLC per person | +5.2% |
| 2012 | 0.001 million SLC per person | +11.3% |
| 2013 | 0.0011 million SLC per person | +3.1% |
| 2014 | 0.0011 million SLC per person | +0.4% |
| 2015 | 0.0012 million SLC per person | +6.8% |
| 2016 | 0.0011 million SLC per person | -2.5% |
| 2017 | 0.0012 million SLC per person | +3.5% |
| 2018 | 0.0011 million SLC per person | -1.8% |
| 2019 | 0.0012 million SLC per person | +0.9% |
| 2020 | 0.0011 million SLC per person | -6.7% |
| 2021 | 0.001 million SLC per person | -8.2% |
| 2022 | 0.0012 million SLC per person | +19.2% |
| 2023 | 0.002 million SLC per person | +70.0% |
Cuba compared with similar countries
- Cuba's 0.002 million SLC per person is below the median for upper middle income countries, which is 0.0119 million SLC per person, 17% of the median. (54 countries reporting)
- Cuba's 0.002 million SLC per person is below the median for Latin America & Caribbean, which is 0.0032 million SLC per person, 62% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency 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 |
|---|---|---|---|
| 2023 | +70.0% | 0.0012 million SLC per person | 0.002 million SLC per person |
| 1994 | +51.8% | 0.0002 million SLC per person | 0.0003 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0001 million SLC per person | 0.0001 million SLC per person | 0.0002 million SLC per person | 10 |
| 1980s | 0.0002 million SLC per person | 0.0002 million SLC per person | 0.0003 million SLC per person | 10 |
| 1990s | 0.0003 million SLC per person | 0.0002 million SLC per person | 0.0004 million SLC per person | 10 |
| 2000s | 0.0006 million SLC per person | 0.0005 million SLC per person | 0.0008 million SLC per person | 10 |
| 2010s | 0.0011 million SLC per person | 0.0009 million SLC per person | 0.0012 million SLC per person | 10 |
| 2020s | 0.0013 million SLC per person | 0.001 million SLC per person | 0.002 million SLC per person | 4 |
Countries ranked near Cuba
- 146 Zambia 0.0023 million SLC per person compare
- 147 Bosnia and Herzegovina 0.0021 million SLC per person compare
- 148 Bahrain 0.002 million SLC per person compare
- 150 Greece 0.0019 million SLC per person compare
- 151 Tunisia 0.0019 million SLC per person compare
- 152 Aruba 0.0018 million SLC per person compare
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 0.002 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 0.002 million SLC per person in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Cuba?
- The lowest recorded value was 0.0001 million SLC per person in 1970.
- How does Cuba rank for value added (total manufacturing) — value standard local currency?
- Cuba ranks 149th 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 up 86.3%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, 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 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 ÷ 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.