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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.
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GDP (current US$) in Cuba was reported at 633442300000 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cuba - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
The gross national income in the 'Economic Measures' segment of the macroeconomic indicators market in Cuba was forecast to continuously increase between 2024 and 2029 by in total 3.6 billion U.S. dollars (+3.84 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 97.31 billion U.S. dollars and therefore a new peak in 2029. Notably, the gross national income of the 'Economic Measures' segment of the macroeconomic indicators market was continuously increasing over the past years.Find more key insights for the gross national income in countries like Jamaica, Colombia, and Haiti.. The Statista Market Insights cover a broad range of additional markets.
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The Gross Domestic Product per capita in Cuba was last recorded at 7449.68 US dollars in 2022. 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.
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<ul style='margin-top:20px;'>
<li>Cuba GDP per capita for 2019 was <strong>$9,232</strong>, a <strong>3.6% increase</strong> from 2018.</li>
<li>Cuba GDP per capita for 2018 was <strong>$8,911</strong>, a <strong>3.49% increase</strong> from 2017.</li>
<li>Cuba GDP per capita for 2017 was <strong>$8,611</strong>, a <strong>6.17% increase</strong> from 2016.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
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Full Year GDP Growth in Cuba decreased to -1.90 percent in 2023 from 1.80 percent in 2022. This dataset includes a chart with historical data for Cuba Full Year Gdp Growth.
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GDP per capita growth (annual %) in Cuba was reported at --1.574 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cuba - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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GDP per capita (current US$) in Cuba was reported at 56496 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cuba - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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GDP Constant Prices in Cuba decreased to 12379.40 CUP Million in the second quarter of 2022 from 12637 CUP Million in the first quarter of 2022. This dataset provides the latest reported value for - Cuba Gdp Constant Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In 2024, Brazil and Mexico were expected to be the countries with the largest gross domestic product (GDP) in Latin America and the Caribbean. In that year, Brazil's GDP could reach an estimated value of 2.4 trillion U.S. dollars, whereas Mexico's amounted to almost two trillion U.S. dollars. GDP is the total value of all goods and services produced in a country in a given year. It measures the economic strength of a country and a positive change indicates economic growth.
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GDP Deflator in Cuba increased to 1696.50 points in 2023 from 1212.40 points in 2022. This dataset provides the latest reported value for - Cuba Gdp Deflator - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Cuba's healthcare expenditure in 2021 represented 14 percent of the Latin American country's gross domestic product (GDP), up from 12 percent recorded a year earlier. During the decade analyzed, this figure ranged between an equivalent of nine and 14 percent of the country's GDP. Cuba reports the highest healthcare expenditure as a share of GDP among Latin American and Caribbean countries.
During a 2024 survey, around 19 percent of the Cuban population had a monthly income lower than 67 U.S. dollars, and only 21 percent had an income higher than 417 USD. During that same survey, 61 percent of the respondents stated that they struggle to buy the necessary means to survive. Employment in Cuba Cuba has almost no unemployment at all. In 2022, the unemployment rate for the Caribbean country was 1.16 percent. In that year, over 74 percent of the workforce was estimated to be employees. However, most of them are employed in the public sector, as this segment employs nearly 62.4 percent of the entire labor force. Food insecurity Despite having almost all the entire workforce employed, the Cuban population faces many challenges. In a survey in 2024, 72 percent of the population claimed that the food crisis that the country faces is the main social problem, followed by salaries with 49 percent. The difficulty of accessing food is widespread, as one in two Cubans have admitted to gone without food at least one day in 2023.
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Trade (% of GDP) in Cuba was reported at 88.8 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cuba - Trade (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2025.
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GDP per capita (current LCU) in Cuba was reported at 57274 LCU in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cuba - GDP per capita (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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GDP per capita (constant LCU) in Cuba was reported at 4649 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cuba - GDP per capita (constant LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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GDP per capita (constant 2015 US$) in Cuba was reported at 7433 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cuba - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
The gross national income per capita in the 'Economic Measures' segment of the macroeconomic indicators market in the Dominican Republic was forecast to continuously increase between 2024 and 2029 by in total four thousand U.S. dollars (+35.75 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 15.2 thousand U.S. dollars and therefore a new peak in 2029. Notably, the gross national income per capita of the 'Economic Measures' segment of the macroeconomic indicators market was continuously increasing over the past years.Find more key insights for the gross national income per capita in countries like Cuba, Chile, and Haiti.. The Statista Market Insights cover a broad range of additional markets.
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GDP (constant LCU) in Cuba was reported at 51237100000 LCU in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cuba - GDP (constant LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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Inflation, GDP deflator: linked series (annual %) in Cuba was reported at 14.16 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cuba - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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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.