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.

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

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;

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.;;

Graph and download economic data for Government Consumption Share of Purchasing Power Parity Converted GDP Per Capita at constant prices for Cuba (KGPPPGCUA156NUPN) from 1970 to 2010 about Cuba, PPP, per capita, consumption, government, real, and GDP.

Cuba CU: GDP: GNI per Capita data was reported at 9,002.079 CUP in 2019. This records an increase from the previous number of 8,701.702 CUP for 2018. Cuba CU: GDP: GNI per Capita data is updated yearly, averaging 2,096.433 CUP from Dec 1970 (Median) to 2019, with 50 observations. The data reached an all-time high of 9,002.079 CUP in 2019 and a record low of 629.564 CUP in 1970. Cuba CU: GDP: GNI 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: Nominal. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita Relative to the United States, average GEKS-CPDW, at current prices for Cuba (PGD2USCUA621NUPN) from 1970 to 2010 about Cuba, PPP, per capita, and GDP.

Cuba CU: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 8,920.000 USD in 2019. This records an increase from the previous number of 8,630.000 USD for 2018. Cuba CU: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 2,580.000 USD from Dec 1972 (Median) to 2019, with 48 observations. The data reached an all-time high of 8,920.000 USD in 2019 and a record low of 830.000 USD in 1972. Cuba CU: GDP: USD: Gross National Income per Capita: Atlas Method 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: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Det bruttonasjonalproduktet per innbygger på Cuba ble sist registrert til 7449,68 amerikanske dollar i 2022. Bruttonasjonalproduktet per innbygger på Cuba tilsvarer 59 prosent av verdens gjennomsnitt. Gjeldende verdier, historiske data, prognoser, statistikk, diagrammer og økonomiske kalender - Cuba - BNP per innbygger.

In 2023, Puerto Rico and The Bahamas were the states with the highest gross domestic product (GDP) per capita in Latin America and the Caribbean. The average GDP generated per person in the Bahamas amounted to 34,749 U.S. dollars, whereas the average wealth created per capita in Puerto Rico was estimated at around 34,749 U.S. dollars. In that same year, this region's lowest GDP per capita was that of Haiti, at less than 1,693 U.S. dollars per person per year. The largest economies in Latin America GDP is the total value of all goods and services produced in a country in a year. It is an important indicator to measure the economic strength of a country and the average wealth of its population. By far, the two largest economies in the region are Brazil and Mexico, both registering GDPs three times bigger than the third place, Argentina. Nonetheless, they are the two most populated countries by a great margin.
Key economic indicators of Latin America Latin America emerges as an important region in the world economy, as of 2023, around 7.3 percent of the global GDP, a similar share to the Middle East. Nevertheless, the economic development of most of its countries has been heavily affected by other factors, such as corruption, inequality, inflation, or crime and violence. Countries such as Venezuela, Suriname, and Argentina are constantly ranking among the highest inflation rates in the world. While Jamaica, Ecuador, and Haiti rank as some of the most crime-ridden states.

Cuba CU: GDP: 2010 Price: USD:(GDP) Gross Domestic Productper Capita data was reported at 6,804.867 USD in 2019. This records a decrease from the previous number of 6,816.892 USD for 2018. Cuba CU: GDP: 2010 Price: USD:(GDP) Gross Domestic Productper Capita data is updated yearly, averaging 3,839.089 USD from Dec 1970 (Median) to 2019, with 50 observations. The data reached an all-time high of 6,816.892 USD in 2018 and a record low of 2,249.751 USD in 1970. Cuba CU: GDP: 2010 Price: USD:(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: Real. 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 constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita (Laspeyres), derived from growth rates of Consumption, Government Consumption, Investment for Cuba (RGDPLPCUA625NUPN) from 1970 to 2010 about Cuba, PPP, investment, per capita, consumption, government, GDP, and rate.

Cuba CU: GDP: Growth: GNI per Capita data was reported at -0.091 % in 2019. This records a decrease from the previous number of 2.254 % for 2018. Cuba CU: GDP: Growth: GNI per Capita data is updated yearly, averaging 2.805 % from Dec 1971 (Median) to 2019, with 49 observations. The data reached an all-time high of 19.207 % in 1981 and a record low of -15.468 % in 1993. Cuba CU: GDP: Growth: GNI 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: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

Cuba CU: GDP: USD: Adjusted Net National Income per Capita data was reported at 7,811.869 USD in 2019. This records an increase from the previous number of 7,518.330 USD for 2018. Cuba CU: GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 2,216.729 USD from Dec 1970 (Median) to 2019, with 50 observations. The data reached an all-time high of 7,811.869 USD in 2019 and a record low of 572.735 USD in 1970. Cuba CU: GDP: USD: Adjusted Net National Income 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: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;

Cuba CU: GDP: Growth: Household Final Consumption Expenditure per Capita data was reported at 2.639 % in 2022. This records an increase from the previous number of -2.187 % for 2021. Cuba CU: GDP: Growth: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 1.908 % from Dec 1971 (Median) to 2022, with 52 observations. The data reached an all-time high of 18.936 % in 1981 and a record low of -18.367 % in 1992. Cuba CU: GDP: Growth: Household Final Consumption Expenditure 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: Annual Growth Rate. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Cuba CU: GDP: 2010 Price: USD: GNI per Capita data was reported at 6,453.722 USD in 2016. This records an increase from the previous number of 6,437.024 USD for 2015. Cuba CU: GDP: 2010 Price: USD: GNI per Capita data is updated yearly, averaging 3,664.798 USD from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 6,453.722 USD in 2016 and a record low of 2,203.669 USD in 1970. Cuba CU: GDP: 2010 Price: USD: GNI 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. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Cuba CU: GDP: % of GDP: Gross Fixed Capital Formation data was reported at 11.479 % in 2022. This records an increase from the previous number of 10.499 % for 2021. Cuba CU: GDP: % of GDP: Gross Fixed Capital Formation data is updated yearly, averaging 11.744 % from Dec 1970 (Median) to 2022, with 53 observations. The data reached an all-time high of 26.882 % in 1986 and a record low of 7.304 % in 2014. Cuba CU: GDP: % of GDP: Gross Fixed Capital Formation 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. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

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.