GDP (constant LCU), per unit of GDP in Cuba
Cuba: GDP (constant LCU), per unit of GDP was 0.4723 constant LCU per US$ of GDP in 2020. ▼ Falling
GDP (constant LCU), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2020, gdp (constant lcu), per unit of gdp in Cuba stood at 0.4723 constant LCU per US$ of GDP. 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 (constant lcu), per unit of gdp in Cuba peaked at 2.54 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.4723 constant LCU per US$ of GDP, in 2020.
That places Cuba 204th out of 211 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 (constant LCU), per unit of GDP in Cuba, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 2.54 constant LCU per US$ of GDP | — |
| 1971 | 2.27 constant LCU per US$ of GDP | -10.6% |
| 1972 | 2.02 constant LCU per US$ of GDP | -10.9% |
| 1973 | 1.7 constant LCU per US$ of GDP | -15.8% |
| 1974 | 1.51 constant LCU per US$ of GDP | -11.6% |
| 1975 | 1.44 constant LCU per US$ of GDP | -4.1% |
| 1976 | 1.44 constant LCU per US$ of GDP | -0.4% |
| 1977 | 1.52 constant LCU per US$ of GDP | +5.5% |
| 1978 | 1.29 constant LCU per US$ of GDP | -15.1% |
| 1979 | 1.19 constant LCU per US$ of GDP | -7.9% |
| 1980 | 1.11 constant LCU per US$ of GDP | -6.4% |
| 1981 | 1.31 constant LCU per US$ of GDP | +18.3% |
| 1982 | 1.38 constant LCU per US$ of GDP | +4.7% |
| 1983 | 1.37 constant LCU per US$ of GDP | -0.5% |
| 1984 | 1.36 constant LCU per US$ of GDP | -0.3% |
| 1985 | 1.45 constant LCU per US$ of GDP | +6.6% |
| 1986 | 1.38 constant LCU per US$ of GDP | -5.3% |
| 1987 | 1.29 constant LCU per US$ of GDP | -6.2% |
| 1988 | 1.23 constant LCU per US$ of GDP | -4.8% |
| 1989 | 1.26 constant LCU per US$ of GDP | +2.3% |
| 1990 | 1.15 constant LCU per US$ of GDP | -8.4% |
| 1991 | 1.21 constant LCU per US$ of GDP | +5.2% |
| 1992 | 1.18 constant LCU per US$ of GDP | -2.7% |
| 1993 | 0.9915 constant LCU per US$ of GDP | -15.9% |
| 1994 | 0.7852 constant LCU per US$ of GDP | -20.8% |
| 1995 | 0.7521 constant LCU per US$ of GDP | -4.2% |
| 1996 | 0.9865 constant LCU per US$ of GDP | +31.2% |
| 1997 | 1 constant LCU per US$ of GDP | +1.4% |
| 1998 | 0.9872 constant LCU per US$ of GDP | -1.3% |
| 1999 | 0.9511 constant LCU per US$ of GDP | -3.7% |
| 2000 | 0.9349 constant LCU per US$ of GDP | -1.7% |
| 2001 | 0.9306 constant LCU per US$ of GDP | -0.5% |
| 2002 | 0.8903 constant LCU per US$ of GDP | -4.3% |
| 2003 | 0.8646 constant LCU per US$ of GDP | -2.9% |
| 2004 | 0.8594 constant LCU per US$ of GDP | -0.6% |
| 2005 | 0.8561 constant LCU per US$ of GDP | -0.4% |
| 2006 | 0.8377 constant LCU per US$ of GDP | -2.1% |
| 2007 | 0.8087 constant LCU per US$ of GDP | -3.5% |
| 2008 | 0.8115 constant LCU per US$ of GDP | +0.3% |
| 2009 | 0.8064 constant LCU per US$ of GDP | -0.6% |
| 2010 | 0.7968 constant LCU per US$ of GDP | -1.2% |
| 2011 | 0.7072 constant LCU per US$ of GDP | -11.2% |
| 2012 | 0.6872 constant LCU per US$ of GDP | -2.8% |
| 2013 | 0.6694 constant LCU per US$ of GDP | -2.6% |
| 2014 | 0.647 constant LCU per US$ of GDP | -3.3% |
| 2015 | 0.6255 constant LCU per US$ of GDP | -3.3% |
| 2016 | 0.5995 constant LCU per US$ of GDP | -4.1% |
| 2017 | 0.5758 constant LCU per US$ of GDP | -4.0% |
| 2018 | 0.57 constant LCU per US$ of GDP | -1.0% |
| 2019 | 0.5504 constant LCU per US$ of GDP | -3.4% |
| 2020 | 0.4723 constant LCU per US$ of GDP | -14.2% |
Cuba compared with similar countries
- Cuba's 0.4723 constant LCU per US$ of GDP is below the median for upper middle income countries, which is 6.12 constant LCU per US$ of GDP, 8% of the median. (58 countries reporting)
- Cuba's 0.4723 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 2.11 constant LCU per US$ of GDP, 22% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU), 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% | 0.7521 constant LCU per US$ of GDP | 0.9865 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.69 constant LCU per US$ of GDP | 1.19 constant LCU per US$ of GDP | 2.54 constant LCU per US$ of GDP | 10 |
| 1980s | 1.31 constant LCU per US$ of GDP | 1.11 constant LCU per US$ of GDP | 1.45 constant LCU per US$ of GDP | 10 |
| 1990s | 0.9997 constant LCU per US$ of GDP | 0.7521 constant LCU per US$ of GDP | 1.21 constant LCU per US$ of GDP | 10 |
| 2000s | 0.86 constant LCU per US$ of GDP | 0.8064 constant LCU per US$ of GDP | 0.9349 constant LCU per US$ of GDP | 10 |
| 2010s | 0.6429 constant LCU per US$ of GDP | 0.5504 constant LCU per US$ of GDP | 0.7968 constant LCU per US$ of GDP | 10 |
| 2020s | 0.4723 constant LCU per US$ of GDP | 0.4723 constant LCU per US$ of GDP | 0.4723 constant LCU per US$ of GDP | 1 |
Countries ranked near Cuba
- 201 Jordan 0.5697 constant LCU per US$ of GDP compare
- 202 Montenegro 0.5438 constant LCU per US$ of GDP compare
- 203 Micronesia (country) 0.528 constant LCU per US$ of GDP compare
- 205 Azerbaijan 0.4491 constant LCU per US$ of GDP compare
- 206 Oman 0.3575 constant LCU per US$ of GDP compare
- 207 Bahrain 0.3219 constant LCU 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 (constant lcu), per unit of gdp in Cuba?
- Gdp (constant lcu), per unit of gdp in Cuba was 0.4723 constant LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gdp (constant lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 2.54 constant LCU per US$ of GDP in 1970.
- What is the lowest gdp (constant lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.4723 constant LCU per US$ of GDP in 2020.
- How does Cuba rank for gdp (constant lcu), per unit of gdp?
- Cuba ranks 204th out of 211 countries with data for 2020.
- Is gdp (constant lcu), 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 (constant LCU), 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 (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (constant LCU) ÷ GDP (current US$)
Computed from
- GDP 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 (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.