What is taxes less subsidies on products in Cuba?

Taxes less subsidies on products in Cuba was 289.00 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.

What is the highest taxes less subsidies on products recorded in Cuba?

The highest recorded value was 698.00 million constant LCU in 2008.

What is the lowest taxes less subsidies on products recorded in Cuba?

The lowest recorded value was 197.38 million constant LCU in 1970.

How does Cuba rank for taxes less subsidies on products?

Cuba ranks 164th out of 188 countries with data for 2024.

Is taxes less subsidies on products rising or falling in Cuba?

Over the last ten years it is down 49.7%. 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 Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.

Taxes less subsidies on products in Cuba

Name: Taxes less subsidies on products in Cuba
Creator: Country official statistics, National Statistical Organizations and/or Central Banks
License: CC BY 4.0 (World Bank Open Data)

Cuba: Taxes less subsidies on products was 289.00 million constant LCU in 2024. ▲ Rising

Latest (2024)

289.00 million constant LCU

Change on year

down 9.7%

World rank

164th

of 188 countries

All-time high

698.00 million constant LCU

in 2008

All-time low

197.38 million constant LCU

in 1970

Years of data

1970–2024

Taxes less subsidies on products in Cuba, 1970–2024

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

Analysis

Cuba recorded 289.00 million constant LCU for taxes less subsidies on products in 2024.

The figure is down 9.7% on the previous year and down 49.7% over ten years.

Over the whole period, taxes less subsidies on products in Cuba peaked at 698.00 million constant LCU in 2008 and was at its lowest, 197.38 million constant LCU, in 1970.

Cuba ranks 164th of 188 countries on this measure, 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	255.57 million constant LCU	197.38 million constant LCU	315.94 million constant LCU	10
1980s	413.73 million constant LCU	303.13 million constant LCU	475.76 million constant LCU	10
1990s	333.90 million constant LCU	281.90 million constant LCU	382.17 million constant LCU	10
2000s	482.65 million constant LCU	335.30 million constant LCU	698.00 million constant LCU	10
2010s	543.49 million constant LCU	441.00 million constant LCU	653.70 million constant LCU	10
2020s	356.40 million constant LCU	289.00 million constant LCU	418.00 million constant LCU	5

Countries ranked near Cuba

161 Samoa 405.45 million constant LCU compare
162 Dominica 381.56 million constant LCU compare
163 Saint Kitts and Nevis 301.60 million constant LCU compare
165 Sao Tome and Principe 288.16 million constant LCU compare
166 Bermuda 285.30 million constant LCU compare
167 Sudan 280.08 million constant LCU compare

See the full ranking of 188 places →

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)

All data for Cuba →

Frequently asked questions

What is taxes less subsidies on products in Cuba?: Taxes less subsidies on products in Cuba was 289.00 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest taxes less subsidies on products recorded in Cuba?: The highest recorded value was 698.00 million constant LCU in 2008.
What is the lowest taxes less subsidies on products recorded in Cuba?: The lowest recorded value was 197.38 million constant LCU in 1970.
How does Cuba rank for taxes less subsidies on products?: Cuba ranks 164th out of 188 countries with data for 2024.
Is taxes less subsidies on products rising or falling in Cuba?: Over the last ten years it is down 49.7%. 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 Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator: Taxes less subsidies on products (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: 188 places, 7,331 data points, 1960–2025
Last refreshed: 06 August 2026

Taxes less subsidies on products are taxes payable per unit of a good or service. 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.