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Inflation Rate in Cuba decreased to 24.02 percent in February from 24.23 percent in January of 2025. This dataset provides the latest reported value for - Cuba Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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The Consumer Price Index in Cuba increased 0.83 percent in May of 2025 over the previous month. This dataset includes a chart with historical data for Cuba Inflation Rate Mom.
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<ul style='margin-top:20px;'>
<li>Cuba inflation rate for was <strong>0.00%</strong>, a <strong>0% increase</strong> from .</li>
<li>Cuba inflation rate for was <strong>0.00%</strong>, a <strong>0% increase</strong> from .</li>
<li>Cuba inflation rate for was <strong>0.00%</strong>, a <strong>0% increase</strong> from .</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
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Cuba CU: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 14.155 % in 2022. This records a decrease from the previous number of 401.591 % for 2021. Cuba CU: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 3.463 % from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 401.591 % in 2021 and a record low of -7.388 % in 1991. Cuba CU: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series 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: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
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Cuba: Inflation forecast: 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 .
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Inflation, GDP deflator: linked series (annual %) in Cuba was reported at 40 % in 2023, 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 July of 2025.
The growth rate of the real gross domestic product in Cuba decreased by 3.7 percentage points (-209.04 percent) compared to the previous year. The year marks a significant change in the growth rate compared to the previous year. Gross domestic product (GDP) growth refers to the annual change in GDP, and uses constant prices to allow comparisons between years without the impact of monetary inflation.Find more statistics on other topics about Cuba with key insights such as share of value added by the manufacturing industry to the gross domestic product, value added by the services industry to the gross domestic product, and value added to gross domestic product by the manufacturing sector.
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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;
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Cuba CU: GDP: USD: Gross National Income: Atlas Method data was reported at 100.934 USD bn in 2019. This records an increase from the previous number of 97.808 USD bn for 2018. Cuba CU: GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 27.945 USD bn from Dec 1972 (Median) to 2019, with 48 observations. The data reached an all-time high of 100.934 USD bn in 2019 and a record low of 7.655 USD bn in 1972. Cuba CU: GDP: USD: Gross National Income: 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 (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.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
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.
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The USD/CUC exchange rate was unchanged at 24.0000 on July 10, 2025. Over the past month, the Cuban Peso has remained flat, and is unchangedover the last 12 months. Cuban Peso - values, historical data, forecasts and news - updated on July of 2025.
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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.
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Inflation Rate in Dominican Republic decreased to 3.56 percent in June from 3.84 percent in May of 2025. This dataset provides - Dominican Republic Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Inflation Rate in Cuba decreased to 24.02 percent in February from 24.23 percent in January of 2025. This dataset provides the latest reported value for - Cuba Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.