GDP (constant LCU), annual growth rate in Cuba
Cuba: GDP (constant LCU), annual growth rate was -1.93 % change on previous year in 2023. ◆ Volatile
GDP (constant LCU), annual growth rate in Cuba, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cuba recorded -1.93 % change on previous year for gdp (constant lcu), annual growth rate in 2023.
That represents a change of down 208.7% on the previous year and down 170.2% over ten years.
Over the whole period, gdp (constant lcu), annual growth rate in Cuba peaked at 19.69 % change on previous year in 1981 and was at its lowest, -14.88 % change on previous year, in 1993.
That places Cuba 202nd out of 212 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.58 % change on previous year | — |
| 1972 | 4.83 % change on previous year | -43.8% |
| 1973 | 3.43 % change on previous year | -28.9% |
| 1974 | 0.9844 % change on previous year | -71.3% |
| 1975 | 9.48 % change on previous year | +862.7% |
| 1976 | 5.43 % change on previous year | -42.7% |
| 1977 | 8.71 % change on previous year | +60.5% |
| 1978 | 6.6 % change on previous year | -24.3% |
| 1979 | 1.09 % change on previous year | -83.5% |
| 1980 | -4.85 % change on previous year | -545.7% |
| 1981 | 19.69 % change on previous year | -506.0% |
| 1982 | 8.92 % change on previous year | -54.7% |
| 1983 | 5.41 % change on previous year | -39.3% |
| 1984 | 7.93 % change on previous year | +46.5% |
| 1985 | 1.6 % change on previous year | -79.9% |
| 1986 | 0.0954 % change on previous year | -94.0% |
| 1987 | -2.4 % change on previous year | -2617.7% |
| 1988 | 3.71 % change on previous year | -254.3% |
| 1989 | 0.68 % change on previous year | -81.6% |
| 1990 | -2.95 % change on previous year | -533.6% |
| 1991 | -10.69 % change on previous year | +262.6% |
| 1992 | -11.58 % change on previous year | +8.3% |
| 1993 | -14.88 % change on previous year | +28.5% |
| 1994 | 0.717 % change on previous year | -104.8% |
| 1995 | 2.46 % change on previous year | +242.8% |
| 1996 | 7.84 % change on previous year | +219.0% |
| 1997 | 2.78 % change on previous year | -64.5% |
| 1998 | 0.1593 % change on previous year | -94.3% |
| 1999 | 6.19 % change on previous year | +3785.6% |
| 2000 | 5.91 % change on previous year | -4.4% |
| 2001 | 3.19 % change on previous year | -46.2% |
| 2002 | 1.42 % change on previous year | -55.3% |
| 2003 | 3.79 % change on previous year | +166.2% |
| 2004 | 5.77 % change on previous year | +52.1% |
| 2005 | 11.2 % change on previous year | +94.1% |
| 2006 | 12.07 % change on previous year | +7.7% |
| 2007 | 7.26 % change on previous year | -39.8% |
| 2008 | 4.12 % change on previous year | -43.3% |
| 2009 | 1.45 % change on previous year | -64.7% |
| 2010 | 2.39 % change on previous year | +64.7% |
| 2011 | 2.8 % change on previous year | +17.2% |
| 2012 | 3.01 % change on previous year | +7.6% |
| 2013 | 2.75 % change on previous year | -8.9% |
| 2014 | 1.05 % change on previous year | -61.9% |
| 2015 | 4.44 % change on previous year | +323.7% |
| 2016 | 0.5128 % change on previous year | -88.4% |
| 2017 | 1.81 % change on previous year | +252.9% |
| 2018 | 2.25 % change on previous year | +24.2% |
| 2019 | -0.1631 % change on previous year | -107.3% |
| 2020 | -10.95 % change on previous year | +6613.7% |
| 2021 | 1.25 % change on previous year | -111.5% |
| 2022 | 1.78 % change on previous year | +41.6% |
| 2023 | -1.93 % change on previous year | -208.7% |
Cuba compared with similar countries
- Cuba's -1.93 % change on previous year is below the median for upper middle income countries, which is 3.34 % change on previous year. (58 countries reporting)
- Cuba's -1.93 % change on previous year is below the median for Latin America & Caribbean, which is 3.38 % change on previous year. (41 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU), annual growth rate 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 |
|---|---|---|---|
| 2020 | -6613.7% | -0.1631 % change on previous year | -10.95 % change on previous year |
| 1999 | +3785.6% | 0.1593 % change on previous year | 6.19 % change on previous year |
| 1987 | -2617.7% | 0.0954 % change on previous year | -2.4 % change on previous year |
| 1975 | +862.7% | 0.9844 % change on previous year | 9.48 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.46 % change on previous year | 0.9844 % change on previous year | 9.48 % change on previous year | 9 |
| 1980s | 4.08 % change on previous year | -4.85 % change on previous year | 19.69 % change on previous year | 10 |
| 1990s | -2 % change on previous year | -14.88 % change on previous year | 7.84 % change on previous year | 10 |
| 2000s | 5.62 % change on previous year | 1.42 % change on previous year | 12.07 % change on previous year | 10 |
| 2010s | 2.08 % change on previous year | -0.1631 % change on previous year | 4.44 % change on previous year | 10 |
| 2020s | -2.46 % change on previous year | -10.95 % change on previous year | 1.78 % change on previous year | 4 |
Countries ranked near Cuba
- 199 United States Virgin Islands -1.31 % change on previous year compare
- 200 Iraq -1.55 % change on previous year compare
- 201 Argentina -1.72 % change on previous year compare
- 203 Ecuador -2 % change on previous year compare
- 204 East Timor -2.19 % change on previous year compare
- 205 Kuwait -2.56 % change on previous year 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 (constant lcu), annual growth rate in Cuba?
- Gdp (constant lcu), annual growth rate in Cuba was -1.93 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gdp (constant lcu), annual growth rate recorded in Cuba?
- The highest recorded value was 19.69 % change on previous year in 1981.
- What is the lowest gdp (constant lcu), annual growth rate recorded in Cuba?
- The lowest recorded value was -14.88 % change on previous year in 1993.
- How does Cuba rank for gdp (constant lcu), annual growth rate?
- Cuba ranks 202nd out of 212 countries with data for 2023.
- Is gdp (constant lcu), annual growth rate rising or falling in Cuba?
- Over the last ten years it is down 170.2%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
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
The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.