Cuba vs Venezuela: GDP (current LCU), annual growth rate

Cuba
37.3 % change on previous year
in 2023
Venezuela
34.97 % change on previous year
in 2014
Cuba rank
9th
Venezuela rank
11th

GDP (current LCU), annual growth rate over time

  • Cuba
  • Venezuela
0100200300400197119972023

How they compare

Cuba currently reports 37.3 % change on previous year against 34.97 % change on previous year in Venezuela, a difference of 2.33 % change on previous year.

That makes Cuba's figure about 1.1 times Venezuela's.

The two have swapped places 7 times across 44 shared years of data; in 1971 it was Cuba ahead.

Cuba ranks 9th and Venezuela ranks 11th of 211 countries.

Venezuela has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Cuba Venezuela Difference Ahead
1970s 10.92 % change on previous year 17.35 % change on previous year 6.43 % change on previous year Venezuela
1980s 4.13 % change on previous year 23.76 % change on previous year 19.63 % change on previous year Venezuela
1990s 3.63 % change on previous year 46.45 % change on previous year 42.82 % change on previous year Venezuela
2000s 8.3 % change on previous year 28.95 % change on previous year 20.65 % change on previous year Venezuela
2010s 5.38 % change on previous year 34.01 % change on previous year 28.63 % change on previous year Venezuela

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp (current lcu), annual growth rate, Cuba or Venezuela?
Cuba, at 37.3 % change on previous year against 34.97 % change on previous year in Venezuela as of 2023.
What is the difference in gdp (current lcu), annual growth rate between Cuba and Venezuela?
2.33 % change on previous year, with Cuba ahead.
How many years of comparable data are there for Cuba and Venezuela?
44 years are reported by both, from 1971 to 2014.
How do Cuba and Venezuela rank globally for gdp (current lcu), annual growth rate?
Cuba ranks 9th and Venezuela ranks 11th of 211 countries.
Where does this data come from?
Statizoid (derived), published as GDP (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cuba vs Venezuela: GDP (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/compare/gdp-current-lcu-annual-growth-rate-2/cuba/venezuela-rb/

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About this data

Indicator
GDP (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,125 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.