Cuba - GDP
GDP (current US$)
The latest value for GDP (current US$) in Cuba was $107,352,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $107,352,000,000 in 2020 and $5,693,005,000 in 1970.
Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | $5,693,005,000 |
| 1971 | $6,914,658,000 |
| 1972 | $8,135,151,000 |
| 1973 | $9,987,710,000 |
| 1974 | $11,405,960,000 |
| 1975 | $13,027,420,000 |
| 1976 | $13,789,580,000 |
| 1977 | $14,206,160,000 |
| 1978 | $17,844,710,000 |
| 1979 | $19,584,440,000 |
| 1980 | $19,912,890,000 |
| 1981 | $20,150,250,000 |
| 1982 | $20,953,510,000 |
| 1983 | $22,204,940,000 |
| 1984 | $24,039,380,000 |
| 1985 | $22,920,490,000 |
| 1986 | $24,226,570,000 |
| 1987 | $25,213,940,000 |
| 1988 | $27,459,000,000 |
| 1989 | $27,023,470,000 |
| 1990 | $28,645,440,000 |
| 1991 | $24,316,560,000 |
| 1992 | $22,085,860,000 |
| 1993 | $22,367,250,000 |
| 1994 | $28,448,330,000 |
| 1995 | $30,429,800,000 |
| 1996 | $25,017,370,000 |
| 1997 | $25,365,910,000 |
| 1998 | $25,736,330,000 |
| 1999 | $28,364,620,000 |
| 2000 | $30,565,400,000 |
| 2001 | $31,682,400,000 |
| 2002 | $33,590,500,000 |
| 2003 | $35,901,200,000 |
| 2004 | $38,203,000,000 |
| 2005 | $42,643,840,000 |
| 2006 | $52,742,800,000 |
| 2007 | $58,603,900,000 |
| 2008 | $60,806,300,000 |
| 2009 | $62,080,000,000 |
| 2010 | $64,328,000,000 |
| 2011 | $68,990,000,000 |
| 2012 | $73,141,000,000 |
| 2013 | $77,148,000,000 |
| 2014 | $80,656,000,000 |
| 2015 | $87,133,000,000 |
| 2016 | $91,370,000,000 |
| 2017 | $96,851,000,000 |
| 2018 | $100,050,000,000 |
| 2019 | $103,428,000,000 |
| 2020 | $107,352,000,000 |
GDP (current LCU)
The value for GDP (current LCU) in Cuba was 107,352,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 107,352,000,000 in 2020 and a minimum value of 5,693,005,000 in 1970.
Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1970 | 5,693,005,000 |
| 1971 | 6,914,658,000 |
| 1972 | 7,752,799,000 |
| 1973 | 8,279,811,000 |
| 1974 | 9,352,885,000 |
| 1975 | 10,682,480,000 |
| 1976 | 11,321,240,000 |
| 1977 | 11,791,110,000 |
| 1978 | 13,740,420,000 |
| 1979 | 14,296,640,000 |
| 1980 | 14,337,280,000 |
| 1981 | 16,724,710,000 |
| 1982 | 17,810,480,000 |
| 1983 | 19,074,040,000 |
| 1984 | 21,118,600,000 |
| 1985 | 20,992,880,000 |
| 1986 | 20,190,430,000 |
| 1987 | 19,825,720,000 |
| 1988 | 20,813,920,000 |
| 1989 | 21,086,410,000 |
| 1990 | 21,541,370,000 |
| 1991 | 17,816,740,000 |
| 1992 | 16,343,530,000 |
| 1993 | 16,551,770,000 |
| 1994 | 21,051,760,000 |
| 1995 | 23,835,660,000 |
| 1996 | 25,017,370,000 |
| 1997 | 25,365,910,000 |
| 1998 | 25,736,330,000 |
| 1999 | 28,364,620,000 |
| 2000 | 30,565,400,000 |
| 2001 | 31,682,400,000 |
| 2002 | 33,590,500,000 |
| 2003 | 35,901,200,000 |
| 2004 | 38,203,000,000 |
| 2005 | 42,643,840,000 |
| 2006 | 52,742,800,000 |
| 2007 | 58,603,900,000 |
| 2008 | 60,806,300,000 |
| 2009 | 62,080,000,000 |
| 2010 | 64,328,000,000 |
| 2011 | 68,990,000,000 |
| 2012 | 73,141,000,000 |
| 2013 | 77,148,000,000 |
| 2014 | 80,656,000,000 |
| 2015 | 87,133,000,000 |
| 2016 | 91,370,000,000 |
| 2017 | 96,851,000,000 |
| 2018 | 100,050,000,000 |
| 2019 | 103,428,000,000 |
| 2020 | 107,352,000,000 |
GDP at market prices: linked series (current LCU)
The latest value for GDP at market prices: linked series (current LCU) in Cuba was 107,352,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 107,352,000,000 in 2020 and 16,343,530,000 in 1992.
Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.
Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.
| Year | Value |
|---|---|
| 1990 | 21,541,370,000 |
| 1991 | 17,816,740,000 |
| 1992 | 16,343,530,000 |
| 1993 | 16,551,770,000 |
| 1994 | 21,051,760,000 |
| 1995 | 23,835,660,000 |
| 1996 | 25,017,370,000 |
| 1997 | 25,365,910,000 |
| 1998 | 25,736,330,000 |
| 1999 | 28,364,620,000 |
| 2000 | 30,565,400,000 |
| 2001 | 31,682,400,000 |
| 2002 | 33,590,500,000 |
| 2003 | 35,901,200,000 |
| 2004 | 38,203,000,000 |
| 2005 | 42,643,840,000 |
| 2006 | 52,742,800,000 |
| 2007 | 58,603,900,000 |
| 2008 | 60,806,300,000 |
| 2009 | 62,080,000,000 |
| 2010 | 64,328,000,000 |
| 2011 | 68,990,000,000 |
| 2012 | 73,141,000,000 |
| 2013 | 77,148,000,000 |
| 2014 | 80,656,000,000 |
| 2015 | 87,133,000,000 |
| 2016 | 91,370,000,000 |
| 2017 | 96,851,000,000 |
| 2018 | 100,050,000,000 |
| 2019 | 103,428,000,000 |
| 2020 | 107,352,000,000 |
GDP (constant 2010 US$)
The latest value for GDP (constant 2010 US$) in Cuba was 81,054,470,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 91,169,900,000 in 2018 and 23,120,750,000 in 1970.
Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | 23,120,750,000 |
| 1971 | 25,105,400,000 |
| 1972 | 26,317,160,000 |
| 1973 | 27,221,020,000 |
| 1974 | 27,489,010,000 |
| 1975 | 30,093,990,000 |
| 1976 | 31,727,480,000 |
| 1977 | 34,490,780,000 |
| 1978 | 36,765,790,000 |
| 1979 | 37,165,870,000 |
| 1980 | 35,363,530,000 |
| 1981 | 42,326,020,000 |
| 1982 | 46,100,760,000 |
| 1983 | 48,595,490,000 |
| 1984 | 52,448,970,000 |
| 1985 | 53,286,410,000 |
| 1986 | 53,337,190,000 |
| 1987 | 52,055,950,000 |
| 1988 | 53,984,900,000 |
| 1989 | 54,352,040,000 |
| 1990 | 52,749,430,000 |
| 1991 | 47,109,100,000 |
| 1992 | 41,653,580,000 |
| 1993 | 35,456,290,000 |
| 1994 | 35,710,480,000 |
| 1995 | 36,587,960,000 |
| 1996 | 39,456,000,000 |
| 1997 | 40,554,230,000 |
| 1998 | 40,618,770,000 |
| 1999 | 43,132,560,000 |
| 2000 | 45,683,750,000 |
| 2001 | 47,138,790,000 |
| 2002 | 47,810,440,000 |
| 2003 | 49,623,760,000 |
| 2004 | 52,487,320,000 |
| 2005 | 58,366,770,000 |
| 2006 | 65,409,220,000 |
| 2007 | 70,159,340,000 |
| 2008 | 73,047,670,000 |
| 2009 | 74,107,810,000 |
| 2010 | 75,879,250,000 |
| 2011 | 78,005,620,000 |
| 2012 | 80,357,410,000 |
| 2013 | 82,565,310,000 |
| 2014 | 83,430,240,000 |
| 2015 | 87,133,000,000 |
| 2016 | 87,580,660,000 |
| 2017 | 89,165,040,000 |
| 2018 | 91,169,900,000 |
| 2019 | 91,019,610,000 |
| 2020 | 81,054,470,000 |
GDP (constant LCU)
The value for GDP (constant LCU) in Cuba was 50,698,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 57,025,000,000 in 2018 and a minimum value of 14,461,580,000 in 1970.
Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1970 | 14,461,580,000 |
| 1971 | 15,702,940,000 |
| 1972 | 16,460,870,000 |
| 1973 | 17,026,220,000 |
| 1974 | 17,193,840,000 |
| 1975 | 18,823,200,000 |
| 1976 | 19,844,920,000 |
| 1977 | 21,573,310,000 |
| 1978 | 22,996,290,000 |
| 1979 | 23,246,530,000 |
| 1980 | 22,119,200,000 |
| 1981 | 26,474,110,000 |
| 1982 | 28,835,130,000 |
| 1983 | 30,395,540,000 |
| 1984 | 32,805,810,000 |
| 1985 | 33,329,620,000 |
| 1986 | 33,361,380,000 |
| 1987 | 32,559,980,000 |
| 1988 | 33,766,510,000 |
| 1989 | 33,996,150,000 |
| 1990 | 32,993,750,000 |
| 1991 | 29,465,830,000 |
| 1992 | 26,053,510,000 |
| 1993 | 22,177,220,000 |
| 1994 | 22,336,210,000 |
| 1995 | 22,885,060,000 |
| 1996 | 24,678,960,000 |
| 1997 | 25,365,880,000 |
| 1998 | 25,406,250,000 |
| 1999 | 26,978,580,000 |
| 2000 | 28,574,300,000 |
| 2001 | 29,484,400,000 |
| 2002 | 29,904,500,000 |
| 2003 | 31,038,700,000 |
| 2004 | 32,829,800,000 |
| 2005 | 36,507,280,000 |
| 2006 | 40,912,200,000 |
| 2007 | 43,883,300,000 |
| 2008 | 45,689,900,000 |
| 2009 | 46,353,000,000 |
| 2010 | 47,461,000,000 |
| 2011 | 48,791,000,000 |
| 2012 | 50,262,000,000 |
| 2013 | 51,643,000,000 |
| 2014 | 52,184,000,000 |
| 2015 | 54,500,000,000 |
| 2016 | 54,780,000,000 |
| 2017 | 55,771,000,000 |
| 2018 | 57,025,000,000 |
| 2019 | 56,931,000,000 |
| 2020 | 50,698,000,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
