GDP at market prices (constant 2010 US$), per unit of GDP in Cuba
Cuba: GDP at market prices (constant 2010 US$), per unit of GDP was 0.755 constant 2010 US$ per US$ of GDP in 2020. ▼ Falling
GDP at market prices (constant 2010 US$), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant 2010 US$ per US$ of GDP.
Analysis
Cuba recorded 0.755 constant 2010 US$ per US$ of GDP for gdp at market prices (constant 2010 us$), per unit of gdp in 2020. That is the lowest value across all 51 years on record.
That represents a change of down 14.2% on the previous year and down 40.7% over ten years.
Over the whole period, gdp at market prices (constant 2010 us$), per unit of gdp in Cuba peaked at 4.06 constant 2010 US$ per US$ of GDP in 1970 and was at its lowest, 0.755 constant 2010 US$ per US$ of GDP, in 2020.
That places Cuba 162nd out of 208 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 51 years of available data.
GDP at market prices (constant 2010 US$), per unit of GDP in Cuba, year by year
| Year | constant 2010 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 4.06 constant 2010 US$ per US$ of GDP | — |
| 1971 | 3.63 constant 2010 US$ per US$ of GDP | -10.6% |
| 1972 | 3.23 constant 2010 US$ per US$ of GDP | -10.9% |
| 1973 | 2.73 constant 2010 US$ per US$ of GDP | -15.8% |
| 1974 | 2.41 constant 2010 US$ per US$ of GDP | -11.6% |
| 1975 | 2.31 constant 2010 US$ per US$ of GDP | -4.1% |
| 1976 | 2.3 constant 2010 US$ per US$ of GDP | -0.4% |
| 1977 | 2.43 constant 2010 US$ per US$ of GDP | +5.5% |
| 1978 | 2.06 constant 2010 US$ per US$ of GDP | -15.1% |
| 1979 | 1.9 constant 2010 US$ per US$ of GDP | -7.9% |
| 1980 | 1.78 constant 2010 US$ per US$ of GDP | -6.4% |
| 1981 | 2.1 constant 2010 US$ per US$ of GDP | +18.3% |
| 1982 | 2.2 constant 2010 US$ per US$ of GDP | +4.7% |
| 1983 | 2.19 constant 2010 US$ per US$ of GDP | -0.5% |
| 1984 | 2.18 constant 2010 US$ per US$ of GDP | -0.3% |
| 1985 | 2.32 constant 2010 US$ per US$ of GDP | +6.6% |
| 1986 | 2.2 constant 2010 US$ per US$ of GDP | -5.3% |
| 1987 | 2.06 constant 2010 US$ per US$ of GDP | -6.2% |
| 1988 | 1.97 constant 2010 US$ per US$ of GDP | -4.8% |
| 1989 | 2.01 constant 2010 US$ per US$ of GDP | +2.3% |
| 1990 | 1.84 constant 2010 US$ per US$ of GDP | -8.4% |
| 1991 | 1.94 constant 2010 US$ per US$ of GDP | +5.2% |
| 1992 | 1.89 constant 2010 US$ per US$ of GDP | -2.7% |
| 1993 | 1.59 constant 2010 US$ per US$ of GDP | -15.9% |
| 1994 | 1.26 constant 2010 US$ per US$ of GDP | -20.8% |
| 1995 | 1.2 constant 2010 US$ per US$ of GDP | -4.2% |
| 1996 | 1.58 constant 2010 US$ per US$ of GDP | +31.2% |
| 1997 | 1.6 constant 2010 US$ per US$ of GDP | +1.4% |
| 1998 | 1.58 constant 2010 US$ per US$ of GDP | -1.3% |
| 1999 | 1.52 constant 2010 US$ per US$ of GDP | -3.7% |
| 2000 | 1.49 constant 2010 US$ per US$ of GDP | -1.7% |
| 2001 | 1.49 constant 2010 US$ per US$ of GDP | -0.5% |
| 2002 | 1.42 constant 2010 US$ per US$ of GDP | -4.3% |
| 2003 | 1.38 constant 2010 US$ per US$ of GDP | -2.9% |
| 2004 | 1.37 constant 2010 US$ per US$ of GDP | -0.6% |
| 2005 | 1.37 constant 2010 US$ per US$ of GDP | -0.4% |
| 2006 | 1.34 constant 2010 US$ per US$ of GDP | -2.1% |
| 2007 | 1.29 constant 2010 US$ per US$ of GDP | -3.5% |
| 2008 | 1.3 constant 2010 US$ per US$ of GDP | +0.3% |
| 2009 | 1.29 constant 2010 US$ per US$ of GDP | -0.6% |
| 2010 | 1.27 constant 2010 US$ per US$ of GDP | -1.2% |
| 2011 | 1.13 constant 2010 US$ per US$ of GDP | -11.2% |
| 2012 | 1.1 constant 2010 US$ per US$ of GDP | -2.8% |
| 2013 | 1.07 constant 2010 US$ per US$ of GDP | -2.6% |
| 2014 | 1.03 constant 2010 US$ per US$ of GDP | -3.3% |
| 2015 | 1 constant 2010 US$ per US$ of GDP | -3.3% |
| 2016 | 0.9585 constant 2010 US$ per US$ of GDP | -4.1% |
| 2017 | 0.9206 constant 2010 US$ per US$ of GDP | -4.0% |
| 2018 | 0.9112 constant 2010 US$ per US$ of GDP | -1.0% |
| 2019 | 0.88 constant 2010 US$ per US$ of GDP | -3.4% |
| 2020 | 0.755 constant 2010 US$ per US$ of GDP | -14.2% |
Cuba compared with similar countries
- Cuba's 0.755 constant 2010 US$ per US$ of GDP is below the median for upper middle income countries, which is 0.8353 constant 2010 US$ per US$ of GDP, 90% of the median. (58 countries reporting)
- Cuba's 0.755 constant 2010 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.8332 constant 2010 US$ per US$ of GDP, 91% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where GDP at market prices (constant 2010 US$), per unit of GDP in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +31.2% | 1.2 constant 2010 US$ per US$ of GDP | 1.58 constant 2010 US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.71 constant 2010 US$ per US$ of GDP | 1.9 constant 2010 US$ per US$ of GDP | 4.06 constant 2010 US$ per US$ of GDP | 10 |
| 1980s | 2.1 constant 2010 US$ per US$ of GDP | 1.78 constant 2010 US$ per US$ of GDP | 2.32 constant 2010 US$ per US$ of GDP | 10 |
| 1990s | 1.6 constant 2010 US$ per US$ of GDP | 1.2 constant 2010 US$ per US$ of GDP | 1.94 constant 2010 US$ per US$ of GDP | 10 |
| 2000s | 1.37 constant 2010 US$ per US$ of GDP | 1.29 constant 2010 US$ per US$ of GDP | 1.49 constant 2010 US$ per US$ of GDP | 10 |
| 2010s | 1.03 constant 2010 US$ per US$ of GDP | 0.88 constant 2010 US$ per US$ of GDP | 1.27 constant 2010 US$ per US$ of GDP | 10 |
| 2020s | 0.755 constant 2010 US$ per US$ of GDP | 0.755 constant 2010 US$ per US$ of GDP | 0.755 constant 2010 US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 159 American Samoa 0.7609 constant 2010 US$ per US$ of GDP compare
- 160 Slovenia 0.7589 constant 2010 US$ per US$ of GDP compare
- 161 Central African Republic 0.7558 constant 2010 US$ per US$ of GDP compare
- 163 Luxembourg 0.7549 constant 2010 US$ per US$ of GDP compare
- 164 Honduras 0.7533 constant 2010 US$ per US$ of GDP compare
- 165 Bangladesh 0.7485 constant 2010 US$ per US$ of GDP compare
More population data for Cuba
- Population regions with projections, annual growth rate -1.07 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -4.39 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.07 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.9101 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 10,028 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.2775 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.9735 % change on previous year (2100)
- World population growth -1.1% (2100)
- Population density 53.73 people per km² (2100)
- Number of children under 5, by world region 195,101 people (2100)
Frequently asked questions
- What is gdp at market prices (constant 2010 us$), per unit of gdp in Cuba?
- Gdp at market prices (constant 2010 us$), per unit of gdp in Cuba was 0.755 constant 2010 US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gdp at market prices (constant 2010 us$), per unit of gdp recorded in Cuba?
- The highest recorded value was 4.06 constant 2010 US$ per US$ of GDP in 1970.
- What is the lowest gdp at market prices (constant 2010 us$), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.755 constant 2010 US$ per US$ of GDP in 2020.
- How does Cuba rank for gdp at market prices (constant 2010 us$), per unit of gdp?
- Cuba ranks 162nd out of 208 countries with data for 2020.
- Is gdp at market prices (constant 2010 us$), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 40.7%. The long-run trend across the full record is falling.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP at market prices (constant 2010 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP at market prices (constant 2010 US$) ÷ GDP (current US$)
Computed from
- GDP at market prices UNESCO Institute for Statistics
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP at market prices (constant 2010 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.