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.

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.

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.

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;

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

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.

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.

Cuba GDP for 2023 was $0.00, a 0% increase from 2022.

<ul style='margin-top:20px;'>

<li>Cuba GDP for 2022 was <strong>$0.00</strong>, a <strong>0% increase</strong> from 2021.</li>
<li>Cuba GDP for 2021 was <strong>$0.00</strong>, a <strong>100% decline</strong> from 2020.</li>
<li>Cuba GDP for 2020 was <strong>107.35 billion US dollars</strong>, a <strong>3.79% increase</strong> from 2019.</li>
</ul>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 current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

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.;;

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 July of 2025.

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. In comparison to 2021, the share decreased not significantly by 0.4 percentage points (-0.53 percent). Value added of a sector is the contribution of a sector to the overall GDP. The components of value added consist of compensation of employees, taxes on production and imports less subsidies, and gross operating surplus. Value added equals the difference between a sector’s gross output and the cost of its intermediate inputs.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.

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.

Cuba CU: GDP: Deflator data was reported at 1,212.448 1997=100 in 2022. This records an increase from the previous number of 1,062.103 1997=100 for 2021. Cuba CU: GDP: Deflator data is updated yearly, averaging 101.299 1997=100 from Dec 1970 (Median) to 2022, with 53 observations. The data reached an all-time high of 1,212.448 1997=100 in 2022 and a record low of 39.366 1997=100 in 1970. Cuba CU: GDP: Deflator 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. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.;World Bank national accounts data, and OECD National Accounts data files.;;

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 July of 2025.

Cuba: Military spending, 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 .

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

Cuba: Gross Domestic Product, billions of 2010 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 .