Value of imported goods and services, per unit of GDP in Cuba
Cuba: Value of imported goods and services, per unit of GDP was 0.0908 constant 2015 US$ per US$ of GDP in 2020. ◆ Volatile
Value of imported goods and services, per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Cuba recorded 0.0908 constant 2015 US$ per US$ of GDP for value of imported goods and services, per unit of gdp in 2020. That is the lowest value across all 51 years on record.
Compared with earlier readings it is down 11.0% on the previous year and down 51.2% over ten years.
Over the whole period, value of imported goods and services, per unit of gdp in Cuba peaked at 0.7707 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.0908 constant 2015 US$ per US$ of GDP, in 2020.
Cuba ranks 169th of 170 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value of imported goods and services, per unit of GDP in Cuba, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.7707 constant 2015 US$ per US$ of GDP | — |
| 1971 | 0.6891 constant 2015 US$ per US$ of GDP | -10.6% |
| 1972 | 0.614 constant 2015 US$ per US$ of GDP | -10.9% |
| 1973 | 0.5171 constant 2015 US$ per US$ of GDP | -15.8% |
| 1974 | 0.457 constant 2015 US$ per US$ of GDP | -11.6% |
| 1975 | 0.4387 constant 2015 US$ per US$ of GDP | -4.0% |
| 1976 | 0.4369 constant 2015 US$ per US$ of GDP | -0.4% |
| 1977 | 0.4607 constant 2015 US$ per US$ of GDP | +5.4% |
| 1978 | 0.3903 constant 2015 US$ per US$ of GDP | -15.3% |
| 1979 | 0.3591 constant 2015 US$ per US$ of GDP | -8.0% |
| 1980 | 0.3396 constant 2015 US$ per US$ of GDP | -5.4% |
| 1981 | 0.3988 constant 2015 US$ per US$ of GDP | +17.4% |
| 1982 | 0.4157 constant 2015 US$ per US$ of GDP | +4.2% |
| 1983 | 0.4114 constant 2015 US$ per US$ of GDP | -1.0% |
| 1984 | 0.4102 constant 2015 US$ per US$ of GDP | -0.3% |
| 1985 | 0.4684 constant 2015 US$ per US$ of GDP | +14.2% |
| 1986 | 0.4028 constant 2015 US$ per US$ of GDP | -14.0% |
| 1987 | 0.3804 constant 2015 US$ per US$ of GDP | -5.6% |
| 1988 | 0.3602 constant 2015 US$ per US$ of GDP | -5.3% |
| 1989 | 0.3784 constant 2015 US$ per US$ of GDP | +5.0% |
| 1990 | 0.3373 constant 2015 US$ per US$ of GDP | -10.9% |
| 1991 | 0.2498 constant 2015 US$ per US$ of GDP | -25.9% |
| 1992 | 0.1505 constant 2015 US$ per US$ of GDP | -39.7% |
| 1993 | 0.1406 constant 2015 US$ per US$ of GDP | -6.6% |
| 1994 | 0.1317 constant 2015 US$ per US$ of GDP | -6.3% |
| 1995 | 0.1373 constant 2015 US$ per US$ of GDP | +4.2% |
| 1996 | 0.2076 constant 2015 US$ per US$ of GDP | +51.2% |
| 1997 | 0.2009 constant 2015 US$ per US$ of GDP | -3.2% |
| 1998 | 0.2007 constant 2015 US$ per US$ of GDP | -0.1% |
| 1999 | 0.1866 constant 2015 US$ per US$ of GDP | -7.1% |
| 2000 | 0.1728 constant 2015 US$ per US$ of GDP | -7.4% |
| 2001 | 0.1604 constant 2015 US$ per US$ of GDP | -7.1% |
| 2002 | 0.1402 constant 2015 US$ per US$ of GDP | -12.6% |
| 2003 | 0.1471 constant 2015 US$ per US$ of GDP | +4.9% |
| 2004 | 0.1562 constant 2015 US$ per US$ of GDP | +6.2% |
| 2005 | 0.176 constant 2015 US$ per US$ of GDP | +12.7% |
| 2006 | 0.1851 constant 2015 US$ per US$ of GDP | +5.2% |
| 2007 | 0.1647 constant 2015 US$ per US$ of GDP | -11.0% |
| 2008 | 0.1705 constant 2015 US$ per US$ of GDP | +3.5% |
| 2009 | 0.1421 constant 2015 US$ per US$ of GDP | -16.7% |
| 2010 | 0.186 constant 2015 US$ per US$ of GDP | +30.9% |
| 2011 | 0.1622 constant 2015 US$ per US$ of GDP | -12.8% |
| 2012 | 0.1498 constant 2015 US$ per US$ of GDP | -7.7% |
| 2013 | 0.1507 constant 2015 US$ per US$ of GDP | +0.6% |
| 2014 | 0.1419 constant 2015 US$ per US$ of GDP | -5.8% |
| 2015 | 0.1447 constant 2015 US$ per US$ of GDP | +1.9% |
| 2016 | 0.1233 constant 2015 US$ per US$ of GDP | -14.8% |
| 2017 | 0.1144 constant 2015 US$ per US$ of GDP | -7.2% |
| 2018 | 0.1085 constant 2015 US$ per US$ of GDP | -5.2% |
| 2019 | 0.102 constant 2015 US$ per US$ of GDP | -6.0% |
| 2020 | 0.0908 constant 2015 US$ per US$ of GDP | -11.0% |
Cuba compared with similar countries
- Cuba's 0.0908 constant 2015 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.3601 constant 2015 US$ per US$ of GDP, 25% of the median. (45 countries reporting)
- Cuba's 0.0908 constant 2015 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.2498 constant 2015 US$ per US$ of GDP, 36% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Value of imported goods and services, per unit of GDP 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 |
|---|---|---|---|
| 1996 | +51.2% | 0.1373 constant 2015 US$ per US$ of GDP | 0.2076 constant 2015 US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5134 constant 2015 US$ per US$ of GDP | 0.3591 constant 2015 US$ per US$ of GDP | 0.7707 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 0.3966 constant 2015 US$ per US$ of GDP | 0.3396 constant 2015 US$ per US$ of GDP | 0.4684 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.1943 constant 2015 US$ per US$ of GDP | 0.1317 constant 2015 US$ per US$ of GDP | 0.3373 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.1615 constant 2015 US$ per US$ of GDP | 0.1402 constant 2015 US$ per US$ of GDP | 0.1851 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.1383 constant 2015 US$ per US$ of GDP | 0.102 constant 2015 US$ per US$ of GDP | 0.186 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.0908 constant 2015 US$ per US$ of GDP | 0.0908 constant 2015 US$ per US$ of GDP | 0.0908 constant 2015 US$ per US$ of GDP | 1 |
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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is value of imported goods and services, per unit of gdp in Cuba?
- Value of imported goods and services, per unit of gdp in Cuba was 0.0908 constant 2015 US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest value of imported goods and services, per unit of gdp recorded in Cuba?
- The highest recorded value was 0.7707 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest value of imported goods and services, per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.0908 constant 2015 US$ per US$ of GDP in 2020.
- How does Cuba rank for value of imported goods and services, per unit of gdp?
- Cuba ranks 169th out of 170 countries with data for 2020.
- Is value of imported goods and services, per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 51.2%. 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 of imported goods and services, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value of imported goods and services divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value of imported goods and services ÷ GDP (current US$)
Computed from
- Value of imported goods and services National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 of imported goods and services divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.