Taxes less subsidies on products in Cuba
Cuba: Taxes less subsidies on products was 762.00 million current US$ in 2020. ◆ Volatile
Taxes less subsidies on products in Cuba, 1970–2020
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for taxes less subsidies on products in Cuba is 762.00 million current US$, measured in 2020.
That represents a change of down 50.1% on the previous year and up 25.1% over ten years.
Over the whole period, taxes less subsidies on products in Cuba peaked at 6.54 billion current US$ in 1995 and was at its lowest, 319.00 million current US$, in 2002.
That places Cuba 141st out of 198 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.09 billion current US$ | 515.67 million current US$ | 1.75 billion current US$ | 10 |
| 1980s | 2.02 billion current US$ | 1.84 billion current US$ | 2.47 billion current US$ | 10 |
| 1990s | 1.86 billion current US$ | 336.40 million current US$ | 6.54 billion current US$ | 10 |
| 2000s | 494.53 million current US$ | 319.00 million current US$ | 829.54 million current US$ | 10 |
| 2010s | 947.26 million current US$ | 609.26 million current US$ | 1.53 billion current US$ | 10 |
| 2020s | 762.00 million current US$ | 762.00 million current US$ | 762.00 million current US$ | 1 |
Countries ranked near Cuba
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 taxes less subsidies on products in Cuba?
- Taxes less subsidies on products in Cuba was 762.00 million current US$ in 2020, 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 6.54 billion current US$ in 1995.
- What is the lowest taxes less subsidies on products recorded in Cuba?
- The lowest recorded value was 319.00 million current US$ in 2002.
- How does Cuba rank for taxes less subsidies on products?
- Cuba ranks 141st out of 198 countries with data for 2020.
- Is taxes less subsidies on products rising or falling in Cuba?
- Over the last ten years it is up 25.1%. 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 Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current US$). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. 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.