Net primary income (Net income from abroad) in Cuba
Cuba: Net primary income (Net income from abroad) was -1.55 billion current US$ in 2019. ◆ Volatile
Net primary income (Net income from abroad) in Cuba, 1970–2019
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Cuba recorded -1.55 billion current US$ for net primary income (net income from abroad) in 2019. That is the lowest value across all 50 years on record.
The figure is down 5.4% on the previous year and down 2.1% over ten years.
Over the whole period, net primary income (net income from abroad) in Cuba peaked at -109.00 million current US$ in 1970 and was at its lowest, -1.55 billion current US$, in 2019.
That places Cuba 130th out of 208 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -230.74 million current US$ | -372.67 million current US$ | -109.00 million current US$ | 10 |
| 1980s | -436.13 million current US$ | -499.22 million current US$ | -381.48 million current US$ | 10 |
| 1990s | -492.69 million current US$ | -669.99 million current US$ | -324.88 million current US$ | 10 |
| 2000s | -753.90 million current US$ | -1.52 billion current US$ | -503.60 million current US$ | 10 |
| 2010s | -1.21 billion current US$ | -1.55 billion current US$ | -922.00 million current US$ | 10 |
Countries ranked near Cuba
- 127 South Sudan -1.48 billion current US$ compare
- 128 Cayman Islands -1.49 billion current US$ compare
- 129 Sudan -1.55 billion current US$ compare
- 131 Venezuela -1.60 billion current US$ compare
- 132 Burkina Faso -1.62 billion current US$ compare
- 133 Myanmar -1.68 billion current 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)
- 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 net primary income (net income from abroad) in Cuba?
- Net primary income (net income from abroad) in Cuba was -1.55 billion current US$ in 2019, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net primary income (net income from abroad) recorded in Cuba?
- The highest recorded value was -109.00 million current US$ in 1970.
- What is the lowest net primary income (net income from abroad) recorded in Cuba?
- The lowest recorded value was -1.55 billion current US$ in 2019.
- How does Cuba rank for net primary income (net income from abroad)?
- Cuba ranks 130th out of 208 countries with data for 2019.
- Is net primary income (net income from abroad) rising or falling in Cuba?
- Over the last ten years it is down 2.1%. 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 Offices (NSOs), published as part of Net primary income (Net income from abroad) (current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.