GDP (current US$), annual growth rate in Cuba
Cuba: GDP (current US$), annual growth rate was 3.79 % change on previous year in 2020. ◆ Volatile
GDP (current US$), annual growth rate in Cuba, 1971–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cuba recorded 3.79 % change on previous year for gdp (current us$), annual growth rate in 2020.
The figure is up 12.4% on the previous year and up 4.8% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Cuba peaked at 27.19 % change on previous year in 1994 and was at its lowest, -17.79 % change on previous year, in 1996.
That places Cuba 144th out of 211 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.46 % change on previous year | — |
| 1972 | 17.65 % change on previous year | -17.7% |
| 1973 | 22.77 % change on previous year | +29.0% |
| 1974 | 14.2 % change on previous year | -37.6% |
| 1975 | 14.22 % change on previous year | +0.1% |
| 1976 | 5.85 % change on previous year | -58.8% |
| 1977 | 3.02 % change on previous year | -48.4% |
| 1978 | 25.61 % change on previous year | +747.8% |
| 1979 | 9.75 % change on previous year | -61.9% |
| 1980 | 1.68 % change on previous year | -82.8% |
| 1981 | 1.19 % change on previous year | -28.9% |
| 1982 | 3.99 % change on previous year | +234.3% |
| 1983 | 5.97 % change on previous year | +49.8% |
| 1984 | 8.26 % change on previous year | +38.3% |
| 1985 | -4.65 % change on previous year | -156.3% |
| 1986 | 5.7 % change on previous year | -222.4% |
| 1987 | 4.08 % change on previous year | -28.5% |
| 1988 | 8.9 % change on previous year | +118.5% |
| 1989 | -1.59 % change on previous year | -117.8% |
| 1990 | 6 % change on previous year | -478.4% |
| 1991 | -15.11 % change on previous year | -351.8% |
| 1992 | -9.17 % change on previous year | -39.3% |
| 1993 | 1.27 % change on previous year | -113.9% |
| 1994 | 27.19 % change on previous year | +2033.8% |
| 1995 | 6.97 % change on previous year | -74.4% |
| 1996 | -17.79 % change on previous year | -355.4% |
| 1997 | 1.39 % change on previous year | -107.8% |
| 1998 | 1.46 % change on previous year | +4.8% |
| 1999 | 10.21 % change on previous year | +599.4% |
| 2000 | 7.76 % change on previous year | -24.0% |
| 2001 | 3.65 % change on previous year | -52.9% |
| 2002 | 6.02 % change on previous year | +64.8% |
| 2003 | 6.88 % change on previous year | +14.2% |
| 2004 | 6.41 % change on previous year | -6.8% |
| 2005 | 11.62 % change on previous year | +81.3% |
| 2006 | 14.52 % change on previous year | +24.9% |
| 2007 | 11.11 % change on previous year | -23.5% |
| 2008 | 3.76 % change on previous year | -66.2% |
| 2009 | 2.09 % change on previous year | -44.3% |
| 2010 | 3.62 % change on previous year | +72.9% |
| 2011 | 15.83 % change on previous year | +337.1% |
| 2012 | 6.02 % change on previous year | -62.0% |
| 2013 | 5.48 % change on previous year | -8.9% |
| 2014 | 4.55 % change on previous year | -17.0% |
| 2015 | 8.03 % change on previous year | +76.6% |
| 2016 | 4.86 % change on previous year | -39.4% |
| 2017 | 6 % change on previous year | +23.3% |
| 2018 | 3.3 % change on previous year | -44.9% |
| 2019 | 3.38 % change on previous year | +2.2% |
| 2020 | 3.79 % change on previous year | +12.4% |
Cuba compared with similar countries
- Cuba's 3.79 % change on previous year is below the median for upper middle income countries, which is 5.6 % change on previous year, 68% of the median. (58 countries reporting)
- Cuba's 3.79 % change on previous year is below the median for Latin America & Caribbean, which is 6.41 % change on previous year, 59% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP (current US$), 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 |
|---|---|---|---|
| 1994 | +2033.8% | 1.27 % change on previous year | 27.19 % change on previous year |
| 1978 | +747.8% | 3.02 % change on previous year | 25.61 % change on previous year |
| 1999 | +599.4% | 1.46 % change on previous year | 10.21 % change on previous year |
| 1990 | +478.4% | -1.59 % change on previous year | 6 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.95 % change on previous year | 3.02 % change on previous year | 25.61 % change on previous year | 9 |
| 1980s | 3.35 % change on previous year | -4.65 % change on previous year | 8.9 % change on previous year | 10 |
| 1990s | 1.24 % change on previous year | -17.79 % change on previous year | 27.19 % change on previous year | 10 |
| 2000s | 7.38 % change on previous year | 2.09 % change on previous year | 14.52 % change on previous year | 10 |
| 2010s | 6.11 % change on previous year | 3.3 % change on previous year | 15.83 % change on previous year | 10 |
| 2020s | 3.79 % change on previous year | 3.79 % change on previous year | 3.79 % change on previous year | 1 |
Countries ranked near Cuba
- 141 Gabon 4.05 % change on previous year compare
- 142 Iraq 4 % change on previous year compare
- 143 Uruguay 3.81 % change on previous year compare
- 145 Trinidad and Tobago 3.69 % change on previous year compare
- 146 Bahamas 3.68 % change on previous year compare
- 147 United States Virgin Islands 3.66 % 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 (current us$), annual growth rate in Cuba?
- Gdp (current us$), annual growth rate in Cuba was 3.79 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Cuba?
- The highest recorded value was 27.19 % change on previous year in 1994.
- What is the lowest gdp (current us$), annual growth rate recorded in Cuba?
- The lowest recorded value was -17.79 % change on previous year in 1996.
- How does Cuba rank for gdp (current us$), annual growth rate?
- Cuba ranks 144th out of 211 countries with data for 2020.
- Is gdp (current us$), annual growth rate rising or falling in Cuba?
- Over the last ten years it is up 4.8%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.