Changes in inventories in Cuba
Cuba: Changes in inventories was 38.00 million constant LCU in 2024. ◆ Volatile
Changes in inventories in Cuba, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, changes in inventories in Cuba stood at 38.00 million constant LCU. That is the lowest value across all 55 years on record.
The figure is down 40.6% on the previous year and down 89.5% over ten years.
Over the whole period, changes in inventories in Cuba peaked at 2.28 billion constant LCU in 1985 and was at its lowest, 38.00 million constant LCU, in 2024.
That places Cuba 71st out of 117 countries with data for 2024, putting it in the middle of the range.
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 | 1.16 billion constant LCU | 899.20 million constant LCU | 1.44 billion constant LCU | 10 |
| 1980s | 1.90 billion constant LCU | 1.39 billion constant LCU | 2.28 billion constant LCU | 10 |
| 1990s | 843.24 million constant LCU | 108.70 million constant LCU | 2.11 billion constant LCU | 10 |
| 2000s | 386.13 million constant LCU | 97.80 million constant LCU | 1.18 billion constant LCU | 10 |
| 2010s | 486.00 million constant LCU | 311.00 million constant LCU | 716.00 million constant LCU | 10 |
| 2020s | 73.40 million constant LCU | 38.00 million constant LCU | 120.00 million constant LCU | 5 |
Countries ranked near Cuba
- 68 Samoa 63.08 million constant LCU compare
- 70 Brunei 39.62 million constant LCU compare
- 72 Tajikistan 12.49 million constant LCU compare
- 73 Sao Tome and Principe 5.29 million constant LCU compare
- 74 Kiribati 5.05 million constant LCU compare
More economy & growth data for Cuba
- Taxes less subsidies on products 762.00 million current US$ (2020)
- Industry (including construction), value added 258.69 billion current LCU (2024)
- Industry (including construction), value added 14.71 billion constant 2015 US$ (2024)
- Industry (including construction), value added -3.0% (2024)
- Industry (including construction), value added 8.79 billion constant LCU (2024)
- Industry (including construction), value added 23.8% (2024)
- Taxes less subsidies on products 16.49 billion current LCU (2024)
- Services, value added 78.91 billion current US$ (2020)
- GNI per capita, Atlas method 9,010 current US$ (2019)
- GNI per capita 9,094 current LCU (2019)
Frequently asked questions
- What is changes in inventories in Cuba?
- Changes in inventories in Cuba was 38.00 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Cuba?
- The highest recorded value was 2.28 billion constant LCU in 1985.
- What is the lowest changes in inventories recorded in Cuba?
- The lowest recorded value was 38.00 million constant LCU in 2024.
- How does Cuba rank for changes in inventories?
- Cuba ranks 71st out of 117 countries with data for 2024.
- Is changes in inventories rising or falling in Cuba?
- Over the last ten years it is down 89.5%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Changes in inventories (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.