Net secondary income (Net current transfers from abroad) in Cuba
Cuba: Net secondary income (Net current transfers from abroad) was 1.89 billion current US$ in 2019. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Cuba, 1993–2019
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for net secondary income (net current transfers from abroad) in Cuba is 1.89 billion current US$, measured in 2019. That is the highest value across all 26 years on record.
The figure is up 148.8% on the previous year and up 766.8% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Cuba peaked at 1.89 billion current US$ in 2019 and was at its lowest, -394.00 million current US$, in 2012.
Cuba ranks 56th of 202 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 708.99 million current US$ | 355.27 million current US$ | 824.97 million current US$ | 7 |
| 2000s | 430.47 million current US$ | -367.20 million current US$ | 977.60 million current US$ | 9 |
| 2010s | 362.95 million current US$ | -394.00 million current US$ | 1.89 billion current US$ | 10 |
Countries ranked near Cuba
More economy & growth data for Cuba
- Industry (including construction), value added 258.69 billion current LCU (2024)
- Manufacturing, value added 12.02 billion current US$ (2020)
- Manufacturing, value added 115.82 billion current LCU (2024)
- Manufacturing, value added 6.37 billion constant 2015 US$ (2024)
- Manufacturing, value added 3.53 billion constant LCU (2024)
- Manufacturing, value added 10.7% (2024)
- Industry (including construction), value added 24.71 billion current US$ (2020)
- Industry (including construction), value added 8.79 billion constant LCU (2024)
- Net primary income (Net income from abroad) -1.55 billion current LCU (2019)
- Industry (including construction), value added 23.8% (2024)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Cuba?
- Net secondary income (net current transfers from abroad) in Cuba was 1.89 billion current US$ in 2019, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Cuba?
- The highest recorded value was 1.89 billion current US$ in 2019.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Cuba?
- The lowest recorded value was -394.00 million current US$ in 2012.
- How does Cuba rank for net secondary income (net current transfers from abroad)?
- Cuba ranks 56th out of 202 countries with data for 2019.
- Is net secondary income (net current transfers from abroad) rising or falling in Cuba?
- Over the last ten years it is up 766.8%. 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 secondary income (Net current transfers from abroad) (current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.