Discrepancy in expenditure estimate of GDP in Cuba
Cuba: Discrepancy in expenditure estimate of GDP was 1.00 million current LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Cuba, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for discrepancy in expenditure estimate of gdp in Cuba is 1.00 million current LCU, measured in 2024.
Compared with earlier readings it is up 900.0% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Cuba peaked at 200.56 million current LCU in 1990 and was at its lowest, -235.98 million current LCU, in 1986.
That places Cuba 40th out of 185 countries with data for 2024, putting it in the top quarter.
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 | -63.63 million current LCU | -92.26 million current LCU | -36.09 million current LCU | 10 |
| 1980s | -126.14 million current LCU | -235.98 million current LCU | -41.01 million current LCU | 10 |
| 1990s | 21.80 million current LCU | -197.05 million current LCU | 200.56 million current LCU | 10 |
| 2000s | -6,370 current LCU | -500,000 current LCU | 400,000 current LCU | 10 |
| 2010s | -22,720 current LCU | -1.17 million current LCU | 900,000 current LCU | 10 |
| 2020s | 0 current LCU | -1.00 million current LCU | 1.00 million current LCU | 5 |
Countries ranked near Cuba
- 37 Syria 33.81 million current LCU compare
- 38 Estonia 28.88 million current LCU compare
- 39 Kiribati 1.75 million current LCU compare
- 40 Finland 1.00 million current LCU compare
- 40 Haiti 1.00 million current LCU compare
- 40 Norway 1.00 million current LCU compare
- 40 Saudi Arabia 1.00 million current LCU compare
- 40 Seychelles 1.00 million current LCU compare
- 40 United States 1.00 million current LCU compare
More economy & growth data for Cuba
- Industry (including construction), value added 23.8% (2024)
- Manufacturing, value added 10.7% (2024)
- Industry (including construction), value added 24.71 billion 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)
- GNI per capita, Atlas method 9,010 current US$ (2019)
- GNI per capita 9,094 current LCU (2019)
- Net primary income (Net income from abroad) -1.55 billion current US$ (2019)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Cuba?
- Discrepancy in expenditure estimate of gdp in Cuba was 1.00 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Cuba?
- The highest recorded value was 200.56 million current LCU in 1990.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Cuba?
- The lowest recorded value was -235.98 million current LCU in 1986.
- How does Cuba rank for discrepancy in expenditure estimate of gdp?
- Cuba ranks 40th out of 185 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Cuba?
- Over the last ten years it is up 900.0%. 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 Discrepancy in expenditure estimate of GDP (current LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.