GDP growth in Cuba

Cuba: GDP growth was -1.9% in 2023. β—† Volatile

Latest (2023)
-1.9%
Change on year
down 208.7%
World rank
199th
of 209 countries
All-time high
19.7%
in 1981
All-time low
-14.9%
in 1993
Years of data
53
1971–2023

GDP growth in Cuba, 1971–2023

-1001020197119972023

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

Cuba recorded -1.9% for gdp growth 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 growth in Cuba peaked at 19.7% in 1981 and was at its lowest, -14.9%, in 1993.

Cuba ranks 199th of 209 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.5% 1.0% 9.5% 9
1980s 4.1% -4.8% 19.7% 10
1990s -2.0% -14.9% 7.8% 10
2000s 5.6% 1.4% 12.1% 10
2010s 2.1% -0.2% 4.4% 10
2020s -2.5% -10.9% 1.8% 4

Countries ranked near Cuba

  1. 196 United States Virgin Islands -1.3% compare
  2. 197 Iraq -1.5% compare
  3. 198 Argentina -1.7% compare
  4. 200 Ecuador -2.0% compare
  5. 201 East Timor -2.2% compare
  6. 202 Kuwait -2.6% compare

See the full ranking of 212 places β†’

More population data for Cuba

All data for Cuba β†’

Frequently asked questions

What is gdp growth in Cuba?
Gdp growth in Cuba was -1.9% in 2023, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Cuba?
The highest recorded value was 19.7% in 1981.
What is the lowest gdp growth recorded in Cuba?
The lowest recorded value was -14.9% in 1993.
How does Cuba rank for gdp growth?
Cuba ranks 199th out of 209 countries with data for 2023.
Is gdp growth 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 UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Cuba. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/cuba/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release