The Gross Domestic Product (GDP) in Cuba was worth 107.35 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Cuba represents 0.10 percent of the world economy. This dataset provides - Cuba GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Gross Domestic Product Per Capita for Cuba (PCAGDPCUA646NWDB) from 1970 to 2020 about Cuba, per capita, and GDP.

This statistic shows the distribution of the gross domestic product (GDP) across economic sectors in Cuba from 2012 to 2022. In 2022, agriculture contributed around 0.8 percent to the GDP of Cuba, 23.77 percent came from the industry and 74.61 percent from the services sector.

The Gross Domestic Product per capita in Cuba was last recorded at 7433.43 US dollars in 2023. The GDP per Capita in Cuba is equivalent to 59 percent of the world's average. This dataset provides - Cuba GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cuba CU: GDP: Growth:(GDP) Gross Domestic Productper Capita data was reported at -1.574 % in 2023. This records a decrease from the previous number of 2.349 % for 2022. Cuba CU: GDP: Growth:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 2.437 % from Dec 1971 (Median) to 2023, with 53 observations. The data reached an all-time high of 19.147 % in 1981 and a record low of -15.312 % in 1993. Cuba CU: GDP: Growth:(GDP) Gross Domestic Productper Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

The gross domestic product (GDP) per capita in Cuba stood at 9,605.26 U.S. dollars in 2020. Between 1970 and 2020, the GDP per capita rose by 8,960.12 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend.

Graph and download economic data for Constant GDP per capita for Cuba (NYGDPPCAPKDCUB) from 1970 to 2023 about Cuba, per capita, real, and GDP.

The Gross Domestic Product per capita in Cuba was last recorded at 21016.65 US dollars in 2015, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Cuba, when adjusted by Purchasing Power Parity is equivalent to 118 percent of the world's average. This dataset provides - Cuba Gdp Per Capita Ppp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the growth rate of the real gross domestic product in Cuba stood at -1.93 percent. Between 1971 and 2023, the figure dropped by 10.51 percentage points, though the decline followed an uneven course rather than a steady trajectory.

Cuba CU: GDP: Real: per Capita data was reported at 4,649.494 CUP in 2023. This records a decrease from the previous number of 4,723.847 CUP for 2022. Cuba CU: GDP: Real: per Capita data is updated yearly, averaging 2,981.704 CUP from Dec 1970 (Median) to 2023, with 54 observations. The data reached an all-time high of 5,081.896 CUP in 2019 and a record low of 1,638.821 CUP in 1970. Cuba CU: GDP: Real: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Real. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

Full Year GDP Growth in Cuba decreased to -1.90 percent in 2023 from 1.80 percent in 2022. This dataset includes a chart with historical data for Cuba Full Year Gdp Growth.

The gross domestic product (GDP) in Cuba was 107.35 billion U.S. dollars in 2020. Between 1970 and 2020, the GDP rose by 101.66 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend.

Cuba CU: GDP: % of GDP: Gross Value Added: Agriculture data was reported at 3.783 % in 2018. This records a decrease from the previous number of 3.801 % for 2017. Cuba CU: GDP: % of GDP: Gross Value Added: Agriculture data is updated yearly, averaging 7.900 % from Dec 1970 (Median) to 2018, with 49 observations. The data reached an all-time high of 13.041 % in 1990 and a record low of 3.405 % in 2006. Cuba CU: GDP: % of GDP: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

Historical dataset showing Cuba gdp growth rate by year from 1971 to 2023.

After relatively stable economic growth since 2000, Cuba's GDP per capita stood at over 9,600 U.S. dollars in 2020. However, given the ongoing economic crisis in Cuba, due to the compounding effects of U.S. sanctions, the COVID-19 pandemic, recent figures are unavailable. For years, much of the Cuban population has gone without basic essentials, with food, fuel, and medicine shortages, as well as water cut-offs and electricity blackouts a common problem for millions of Cubans.

View yearly updates and historical trends for Cuba GDP per Capita Growth. Source: World Bank. Track economic data with YCharts analytics.

Cuba: Government spending as percent of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Cuba from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Cuba: Gross Domestic Product, billions of U.S. dollars: The latest value from is billion U.S. dollars, unavailable from billion U.S. dollars in . In comparison, the world average is 0.00 billion U.S. dollars, based on data from countries. Historically, the average for Cuba from to is billion U.S. dollars. The minimum value, billion U.S. dollars, was reached in while the maximum of billion U.S. dollars was recorded in .

Cuba: Gross Domestic Product, billions of 2015 U.S. dollars: The latest value from is billion U.S. dollars, unavailable from billion U.S. dollars in . In comparison, the world average is 0.0 billion U.S. dollars, based on data from countries. Historically, the average for Cuba from to is billion U.S. dollars. The minimum value, billion U.S. dollars, was reached in while the maximum of billion U.S. dollars was recorded in .

Historical dataset showing Cuba GDP per capita by year from 1970 to 2020.