GDP in Cuba

Cuba: GDP was 50.69 billion constant LCU in 2024. ▲ Rising

Latest (2024)
50.69 billion constant LCU
Change on year
down 1.1%
World rank
150th
of 214 countries
All-time high
57.02 billion constant LCU
in 2018
All-time low
14.46 billion constant LCU
in 1970
Years of data
55
1970–2024

GDP in Cuba, 1970–2024

10.0B20.0B30.0B40.0B50.0B60.0B197019972024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

The most recent figure for gdp in Cuba is 50.69 billion constant LCU, measured 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 57.02 billion constant LCU in 2018 and was at its lowest, 14.46 billion constant LCU, in 1970.

Cuba ranks 150th of 214 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

DecadeAverage LowestHighest Years
1970s 18.73 billion constant LCU 14.46 billion constant LCU 23.25 billion constant LCU 10
1980s 30.76 billion constant LCU 22.12 billion constant LCU 34.00 billion constant LCU 10
1990s 25.83 billion constant LCU 22.18 billion constant LCU 32.99 billion constant LCU 10
2000s 36.52 billion constant LCU 28.57 billion constant LCU 46.35 billion constant LCU 10
2010s 52.93 billion constant LCU 47.46 billion constant LCU 57.02 billion constant LCU 10
2020s 51.24 billion constant LCU 50.69 billion constant LCU 52.24 billion constant LCU 5

Countries ranked near Cuba

  1. 147 Sierra Leone 67.92 billion constant LCU compare
  2. 148 Lithuania 58.54 billion constant LCU compare
  3. 149 Slovenia 54.76 billion constant LCU compare
  4. 151 Bosnia and Herzegovina 43.87 billion constant LCU compare
  5. 152 Jordan 42.02 billion constant LCU compare
  6. 153 Kuwait 41.91 billion constant LCU compare

See the full ranking of 214 places →

More economy & growth data for Cuba

All data for Cuba →

Frequently asked questions

What is gdp in Cuba?
Gdp in Cuba was 50.69 billion constant LCU 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 57.02 billion constant LCU in 2018.
What is the lowest gdp recorded in Cuba?
The lowest recorded value was 14.46 billion constant LCU in 1970.
How does Cuba rank for gdp?
Cuba ranks 150th out of 214 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 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

Indicator
GDP (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
214 places, 11,623 data points, 1960–2025
Last refreshed

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 varies by country. This series is expressed in local currency units.