Cuba - GDP

GDP (current US$)

The latest value for GDP (current US$) in Cuba was $60,806,200,000 as of 2008. Over the past 38 years, the value for this indicator has fluctuated between $60,806,200,000 in 2008 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 $22,205,720,000
1984 $24,039,380,000
1985 $22,921,490,000
1986 $24,226,280,000
1987 $25,213,610,000
1988 $27,459,000,000
1989 $27,025,200,000
1990 $28,645,440,000
1991 $24,317,880,000
1992 $22,085,860,000
1993 $22,367,250,000
1994 $28,448,330,000
1995 $30,428,640,000
1996 $25,017,300,000
1997 $25,366,200,000
1998 $25,736,600,000
1999 $28,365,300,000
2000 $30,565,200,000
2001 $31,683,300,000
2002 $33,590,400,000
2003 $35,901,500,000
2004 $38,202,800,000
2005 $42,644,200,000
2006 $52,742,100,000
2007 $58,603,500,000
2008 $60,806,200,000

GDP (current LCU)

The value for GDP (current LCU) in Cuba was 64,220,300,000 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 64,220,300,000 in 2010 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 8,279,812,000
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 25,017,300,000
1997 25,366,200,000
1998 25,736,600,000
1999 28,365,300,000
2000 30,565,200,000
2001 31,683,300,000
2002 33,590,400,000
2003 35,901,500,000
2004 38,202,800,000
2005 42,644,200,000
2006 52,742,100,000
2007 58,603,500,000
2008 60,806,200,000
2009 62,278,600,000
2010 64,220,300,000

GDP (constant 2000 US$)

The latest value for GDP (constant 2000 US$) in Cuba was 50,605,230,000 as of 2010. Over the past 40 years, the value for this indicator has fluctuated between 50,605,230,000 in 2010 and 15,468,960,000 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 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 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 15,468,960,000
1971 16,796,790,000
1972 17,607,520,000
1973 18,212,250,000
1974 18,391,550,000
1975 20,134,410,000
1976 21,227,290,000
1977 23,076,090,000
1978 24,598,180,000
1979 24,865,860,000
1980 23,660,000,000
1981 28,318,260,000
1982 30,843,750,000
1983 32,512,850,000
1984 35,091,030,000
1985 35,651,320,000
1986 35,685,290,000
1987 34,828,070,000
1988 36,118,640,000
1989 36,364,280,000
1990 35,292,050,000
1991 31,518,380,000
1992 27,868,360,000
1993 23,722,060,000
1994 23,892,130,000
1995 24,479,210,000
1996 26,398,070,000
1997 27,133,260,000
1998 27,175,510,000
1999 28,858,000,000
2000 30,565,200,000
2001 31,537,850,000
2002 31,988,400,000
2003 33,201,200,000
2004 35,117,200,000
2005 39,050,930,000
2006 43,762,740,000
2007 46,940,850,000
2008 48,873,320,000
2009 49,581,550,000
2010 50,605,230,000

GDP (constant LCU)

The value for GDP (constant LCU) in Cuba was 55,261,670,000 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 55,261,670,000 in 2010 and a minimum value of 16,892,330,000 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 16,892,330,000
1971 18,342,350,000
1972 19,227,670,000
1973 19,888,050,000
1974 20,083,840,000
1975 21,987,070,000
1976 23,180,520,000
1977 25,199,430,000
1978 26,861,590,000
1979 27,153,890,000
1980 25,837,080,000
1981 30,923,970,000
1982 33,681,840,000
1983 35,504,520,000
1984 38,319,930,000
1985 38,931,780,000
1986 38,968,880,000
1987 38,032,780,000
1988 39,442,100,000
1989 39,710,340,000
1990 38,539,450,000
1991 34,418,540,000
1992 30,432,670,000
1993 25,904,840,000
1994 26,090,560,000
1995 26,731,660,000
1996 28,827,090,000
1997 29,629,920,000
1998 29,676,060,000
1999 31,513,370,000
2000 33,377,660,000
2001 34,439,810,000
2002 34,931,810,000
2003 36,256,210,000
2004 38,348,510,000
2005 42,644,200,000
2006 47,789,570,000
2007 51,260,110,000
2008 53,370,400,000
2009 54,143,800,000
2010 55,261,670,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts