GDP deflator (base year varies by country), annual growth rate in Cuba

Cuba: GDP deflator (base year varies by country), annual growth rate was 40 % change on previous year in 2023. ◆ Volatile

Latest (2023)
40 % change on previous year
Change on year
up 183.8%
World rank
8th
of 211 countries
All-time high
401.59 % change on previous year
in 2021
All-time low
-7.39 % change on previous year
in 1991
Years of data
53
1971–2023

GDP deflator (base year varies by country), annual growth rate in Cuba, 1971–2023

0100200300400197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp deflator (base year varies by country), annual growth rate in Cuba is 40 % change on previous year, measured in 2023.

Compared with earlier readings it is up 183.8% on the previous year and up 1,404.9% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Cuba peaked at 401.59 % change on previous year in 2021 and was at its lowest, -7.39 % change on previous year, in 1991.

That places Cuba 8th out of 211 countries with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

GDP deflator (base year varies by country), annual growth rate in Cuba, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Cuba, 1971 to 2023.
Year % change on previous year Change
1971 11.86 % change on previous year —
1972 6.96 % change on previous year -41.3%
1973 3.25 % change on previous year -53.3%
1974 11.86 % change on previous year +264.7%
1975 4.33 % change on previous year -63.5%
1976 0.5232 % change on previous year -87.9%
1977 -4.19 % change on previous year -901.7%
1978 9.32 % change on previous year -322.3%
1979 2.93 % change on previous year -68.6%
1980 5.4 % change on previous year +84.3%
1981 -2.54 % change on previous year -147.0%
1982 -2.23 % change on previous year -12.2%
1983 1.6 % change on previous year -171.7%
1984 2.58 % change on previous year +61.9%
1985 -2.16 % change on previous year -183.5%
1986 -3.91 % change on previous year +81.4%
1987 0.6104 % change on previous year -115.6%
1988 1.23 % change on previous year +102.0%
1989 0.6249 % change on previous year -49.3%
1990 5.26 % change on previous year +741.9%
1991 -7.39 % change on previous year -240.4%
1992 3.75 % change on previous year -150.7%
1993 18.98 % change on previous year +406.6%
1994 26.28 % change on previous year +38.5%
1995 10.51 % change on previous year -60.0%
1996 -2.67 % change on previous year -125.4%
1997 -1.35 % change on previous year -49.4%
1998 1.3 % change on previous year -196.0%
1999 3.79 % change on previous year +191.7%
2000 1.74 % change on previous year -54.1%
2001 0.4553 % change on previous year -73.8%
2002 4.53 % change on previous year +895.7%
2003 2.97 % change on previous year -34.4%
2004 0.6061 % change on previous year -79.6%
2005 0.3798 % change on previous year -37.3%
2006 10.37 % change on previous year +2629.0%
2007 3.59 % change on previous year -65.4%
2008 -0.3445 % change on previous year -109.6%
2009 0.6342 % change on previous year -284.1%
2010 1.2 % change on previous year +89.6%
2011 4.32 % change on previous year +259.7%
2012 2.91 % change on previous year -32.6%
2013 2.66 % change on previous year -8.8%
2014 3.46 % change on previous year +30.3%
2015 3.44 % change on previous year -0.7%
2016 4.33 % change on previous year +25.9%
2017 4.11 % change on previous year -5.0%
2018 1.03 % change on previous year -74.9%
2019 3.55 % change on previous year +243.6%
2020 16.56 % change on previous year +367.0%
2021 401.59 % change on previous year +2325.7%
2022 14.09 % change on previous year -96.5%
2023 40 % change on previous year +183.8%

Cuba compared with similar countries

  • Cuba's 40 % change on previous year is above the median for upper middle income countries, which is 3.84 % change on previous year, 10.4× the median. (58 countries reporting)
  • Cuba's 40 % change on previous year is above the median for Latin America & Caribbean, which is 4.04 % change on previous year, 9.9× the median. (40 countries reporting)

Biggest year-on-year movements

Years where GDP deflator (base year varies by country), 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.

YearChange FromTo
2006 +2629.0% 0.3798 % change on previous year 10.37 % change on previous year
2021 +2325.7% 16.56 % change on previous year 401.59 % change on previous year
1977 -901.7% 0.5232 % change on previous year -4.19 % change on previous year
2002 +895.7% 0.4553 % change on previous year 4.53 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.2 % change on previous year -4.19 % change on previous year 11.86 % change on previous year 9
1980s 0.1209 % change on previous year -3.91 % change on previous year 5.4 % change on previous year 10
1990s 5.84 % change on previous year -7.39 % change on previous year 26.28 % change on previous year 10
2000s 2.49 % change on previous year -0.3445 % change on previous year 10.37 % change on previous year 10
2010s 3.1 % change on previous year 1.03 % change on previous year 4.33 % change on previous year 10
2020s 118.06 % change on previous year 14.09 % change on previous year 401.59 % change on previous year 4

Countries ranked near Cuba

  1. 5 Syria 120.32 % change on previous year compare
  2. 6 Turkey 58.48 % change on previous year compare
  3. 7 Venezuela 40.44 % change on previous year compare
  4. 9 Iran 34.24 % change on previous year compare
  5. 10 Egypt 33.69 % change on previous year compare
  6. 11 Malawi 27.33 % change on previous year compare

See the full ranking of 211 places →

More population data for Cuba

All data for Cuba →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Cuba?
Gdp deflator (base year varies by country), annual growth rate in Cuba was 40 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Cuba?
The highest recorded value was 401.59 % change on previous year in 2021.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Cuba?
The lowest recorded value was -7.39 % change on previous year in 1991.
How does Cuba rank for gdp deflator (base year varies by country), annual growth rate?
Cuba ranks 8th out of 211 countries with data for 2023.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Cuba?
Over the last ten years it is up 1,404.9%. 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 deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Cuba. Statizoid, drawing on Statizoid (derived). Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/cuba/

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How this figure is calculated

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

Computed from

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

Indicator
GDP deflator (base year varies by country), 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, 9,847 data points, 1971–2024
Last refreshed

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