Households and NPISHs Final consumption expenditure in Cuba
Cuba: Households and NPISHs Final consumption expenditure was 31.12 billion constant LCU in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure in Cuba, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for households and npishs final consumption expenditure in Cuba is 31.12 billion constant LCU, measured in 2024.
Compared with earlier readings it is up 0.1% on the previous year and up 7.9% over ten years.
Over the whole period, households and npishs final consumption expenditure in Cuba peaked at 33.54 billion constant LCU in 2018 and was at its lowest, 9.23 billion constant LCU, in 1970.
That places Cuba 139th out of 178 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.95 billion constant LCU | 9.23 billion constant LCU | 14.86 billion constant LCU | 10 |
| 1980s | 19.74 billion constant LCU | 14.09 billion constant LCU | 22.26 billion constant LCU | 10 |
| 1990s | 16.04 billion constant LCU | 13.60 billion constant LCU | 20.80 billion constant LCU | 10 |
| 2000s | 20.32 billion constant LCU | 16.95 billion constant LCU | 23.44 billion constant LCU | 10 |
| 2010s | 29.60 billion constant LCU | 25.06 billion constant LCU | 33.54 billion constant LCU | 10 |
| 2020s | 30.46 billion constant LCU | 29.56 billion constant LCU | 31.12 billion constant LCU | 5 |
Countries ranked near Cuba
- 136 Lithuania 32.61 billion constant LCU compare
- 137 Bosnia and Herzegovina 31.49 billion constant LCU compare
- 138 Eritrea 31.17 billion constant LCU compare
- 140 Slovenia 28.59 billion constant LCU compare
- 141 Libya 25.71 billion constant LCU compare
- 142 Luxembourg 25.47 billion 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 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)
- Industry (including construction), value added 23.8% (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 households and npishs final consumption expenditure in Cuba?
- Households and npishs final consumption expenditure in Cuba was 31.12 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Cuba?
- The highest recorded value was 33.54 billion constant LCU in 2018.
- What is the lowest households and npishs final consumption expenditure recorded in Cuba?
- The lowest recorded value was 9.23 billion constant LCU in 1970.
- How does Cuba rank for households and npishs final consumption expenditure?
- Cuba ranks 139th out of 178 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Cuba?
- Over the last ten years it is up 7.9%. 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 Households and NPISHs Final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. 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.