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.

Graph and download economic data for Gross Domestic Product for Cuba (MKTGDPCUA646NWDB) from 1970 to 2020 about Cuba and GDP.

The statistic shows gross domestic product (GDP) in current U.S. dollars in Cuba from 2012 to 2020. Gross domestic product (GDP) denotes the aggregate value of all services and goods produced within a country in any given year. GDP is an important indicator of a country's economic power. In 2020, Cuba's gross domestic product amounted to over 107 billion U.S. dollars.

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.

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;

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 CU: GDP: % of GDP: Gross Domestic Savings data was reported at 13.574 % in 2021. This records an increase from the previous number of 10.529 % for 2020. Cuba CU: GDP: % of GDP: Gross Domestic Savings data is updated yearly, averaging 12.986 % from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 17.301 % in 1985 and a record low of 2.676 % in 1993. Cuba CU: GDP: % of GDP: Gross Domestic Savings 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 domestic savings are calculated as GDP less final consumption expenditure (total consumption).;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

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 2023, the growth rate of the real gross domestic product in Cuba decreased by 3.7 percentage points (-209.04 percent) compared to 2022. This was a significant decrease in the growth rate. 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.

Cuba gdp growth rate for 2022 was 1.77%, a 0.52% increase from 2021.

• Cuba gdp growth rate for 2021 was 1.25%, a 12.2% increase from 2020.
• Cuba gdp growth rate for 2020 was -10.95%, a 10.79% decline from 2019.
• Cuba gdp growth rate for 2019 was -0.16%, a 2.41% decline from 2018.

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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.;;

The share of value added by the services industry to gross domestic product in Cuba saw no significant changes in 2022 in comparison to the previous year 2021 and remained at around 74.61 percent. With a decline of 0.4 percentage points (-0.53 percent), there is no significant change to 2021. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. Find more statistics on other topics about Cuba with key insights such as growth rate of the real gross domestic product, value added by the agriculture, forestry and fishing sector to the gross domestic product, and share of value added by the manufacturing industry to the gross domestic product.

Cuba GDP Composition by Sector, 2016 Discover more data with ReportLinker!

Cuba recorded a Government Debt to GDP of 119 percent of the country's Gross Domestic Product in 2022. This dataset provides - Cuba Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2021, the Cuban travel and tourism sector contributed directly and indirectly around eight billion U.S. dollars to the country's gross domestic product (GDP), showing a year-over-year increase after the COVID-19 impact.

Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for Cuba (PC2GDPCUA620NUPN) from 1970 to 2010 about Cuba, PPP, per capita, and GDP.

GDP from Transport in Cuba increased to 1651.40 CUP Million in the second quarter of 2022 from 1462.50 CUP Million in the first quarter of 2022. This dataset includes a chart with historical data for Cuba Gdp From Transport.

Cuba CU: GDP: % of GDP: Gross National Expenditure data was reported at 108.775 % in 2022. This records a decrease from the previous number of 110.237 % for 2021. Cuba CU: GDP: % of GDP: Gross National Expenditure data is updated yearly, averaging 103.718 % from Dec 1970 (Median) to 2022, with 53 observations. The data reached an all-time high of 114.462 % in 1989 and a record low of 94.844 % in 2012. Cuba CU: GDP: % of GDP: Gross National Expenditure 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 national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).;World Bank national accounts data, and OECD National Accounts data files.;;

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.;;

Cuba CU: GDP: % of GDP: Trade data was reported at 88.803 % in 2022. This records an increase from the previous number of 80.024 % for 2021. Cuba CU: GDP: % of GDP: Trade data is updated yearly, averaging 44.917 % from Dec 1970 (Median) to 2022, with 53 observations. The data reached an all-time high of 88.803 % in 2022 and a record low of 15.683 % in 2020. Cuba CU: GDP: % of GDP: Trade 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. Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;