GDP in Cuba
Cuba: GDP was 81.05 billion constant 2015 US$ in 2024. ▲ Rising
GDP in Cuba, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Cuba recorded 81.05 billion constant 2015 US$ for gdp in 2024.
The figure is down 1.1% on the previous year and down 2.9% over ten years.
Over the whole period, gdp in Cuba peaked at 91.17 billion constant 2015 US$ in 2018 and was at its lowest, 23.12 billion constant 2015 US$, in 1970.
Cuba ranks 71st of 211 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.95 billion constant 2015 US$ | 23.12 billion constant 2015 US$ | 37.17 billion constant 2015 US$ | 10 |
| 1980s | 49.18 billion constant 2015 US$ | 35.36 billion constant 2015 US$ | 54.35 billion constant 2015 US$ | 10 |
| 1990s | 41.30 billion constant 2015 US$ | 35.46 billion constant 2015 US$ | 52.75 billion constant 2015 US$ | 10 |
| 2000s | 58.38 billion constant 2015 US$ | 45.68 billion constant 2015 US$ | 74.11 billion constant 2015 US$ | 10 |
| 2010s | 84.63 billion constant 2015 US$ | 75.88 billion constant 2015 US$ | 91.17 billion constant 2015 US$ | 10 |
| 2020s | 81.92 billion constant 2015 US$ | 81.05 billion constant 2015 US$ | 83.53 billion constant 2015 US$ | 5 |
Countries ranked near Cuba
- 68 Oman 93.82 billion constant 2015 US$ compare
- 69 Guatemala 87.61 billion constant 2015 US$ compare
- 70 Cote d'Ivoire 81.48 billion constant 2015 US$ compare
- 72 Costa Rica 80.74 billion constant 2015 US$ compare
- 73 Panama 80.68 billion constant 2015 US$ compare
- 74 Ukraine 80.23 billion constant 2015 US$ 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 gdp in Cuba?
- Gdp in Cuba was 81.05 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Cuba?
- The highest recorded value was 91.17 billion constant 2015 US$ in 2018.
- What is the lowest gdp recorded in Cuba?
- The lowest recorded value was 23.12 billion constant 2015 US$ in 1970.
- How does Cuba rank for gdp?
- Cuba ranks 71st out of 211 countries with data for 2024.
- Is gdp rising or falling in Cuba?
- Over the last ten years it is down 2.9%. The long-run trend across the full record is rising.
- 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 GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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 is 2015. This indicator is expressed in United States dollars.