Cuba - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Cuba was 8,630.00 as of 2018. Over the past 46 years, the value for this indicator has fluctuated between 8,630.00 in 2018 and 850.00 in 1972.

Definition: GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1972 850.00
1973 1,040.00
1974 1,240.00
1975 1,500.00
1976 1,550.00
1977 1,600.00
1978 1,790.00
1979 1,990.00
1980 2,140.00
1981 2,430.00
1982 2,340.00
1983 2,180.00
1984 2,310.00
1985 2,310.00
1986 2,390.00
1987 2,490.00
1988 2,780.00
1989 2,750.00
1990 2,650.00
1991 2,340.00
1992 2,130.00
1993 1,870.00
1994 2,140.00
1995 2,550.00
1996 2,710.00
1997 2,500.00
1998 2,240.00
1999 2,400.00
2000 2,620.00
2001 2,760.00
2002 2,820.00
2003 3,100.00
2004 3,490.00
2005 3,960.00
2006 4,530.00
2007 5,000.00
2008 5,460.00
2009 5,520.00
2010 5,610.00
2011 5,930.00
2012 6,280.00
2013 6,640.00
2014 6,840.00
2015 7,230.00
2016 7,480.00
2017 7,950.00
2018 8,630.00

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in Cuba was 8,694.10 as of 2018. As the graph below shows, over the past 48 years this indicator reached a maximum value of 8,694.10 in 2018 and a minimum value of 640.92 in 1970.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 640.92
1971 764.79
1972 842.55
1973 884.78
1974 984.23
1975 1,109.21
1976 1,162.25
1977 1,198.91
1978 1,385.97
1979 1,432.42
1980 1,427.76
1981 1,657.01
1982 1,757.07
1983 1,874.75
1984 2,066.44
1985 2,037.77
1986 1,943.33
1987 1,889.17
1988 1,967.82
1989 1,976.01
1990 1,989.46
1991 1,638.08
1992 1,499.87
1993 1,510.43
1994 1,911.58
1995 2,140.40
1996 2,241.87
1997 2,264.18
1998 2,290.85
1999 2,512.51
2000 2,691.19
2001 2,792.71
2002 2,944.72
2003 3,147.22
2004 3,337.92
2005 3,730.44
2006 4,628.69
2007 5,123.42
2008 5,317.37
2009 5,383.32
2010 5,602.79
2011 6,045.03
2012 6,408.93
2013 6,755.99
2014 7,040.13
2015 7,595.21
2016 7,947.52
2017 8,421.81
2018 8,694.10

GNI per capita (constant 2010 US$)

The latest value for GNI per capita (constant 2010 US$) in Cuba was 7,920 as of 2018. Over the past 48 years, the value for this indicator has fluctuated between 7,920 in 2018 and 2,600 in 1970.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 2,600
1971 2,774
1972 2,857
1973 2,906
1974 2,890
1975 3,121
1976 3,254
1977 3,503
1978 3,705
1979 3,720
1980 3,518
1981 4,189
1982 4,543
1983 4,772
1984 5,127
1985 5,164
1986 5,131
1987 4,956
1988 5,099
1989 5,089
1990 4,863
1991 4,324
1992 3,821
1993 3,233
1994 3,240
1995 3,284
1996 3,534
1997 3,619
1998 3,615
1999 3,821
2000 4,025
2001 4,157
2002 4,193
2003 4,350
2004 4,586
2005 5,107
2006 5,740
2007 6,134
2008 6,397
2009 6,438
2010 6,611
2011 6,839
2012 7,043
2013 7,232
2014 7,282
2015 7,595
2016 7,615
2017 7,750
2018 7,920

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in Cuba was 2.19 as of 2018. As the graph below shows, over the past 47 years this indicator reached a maximum value of 19.09 in 1981 and a minimum value of -15.39 in 1993.

Definition: Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1971 6.68
1972 3.00
1973 1.71
1974 -0.55
1975 8.02
1976 4.24
1977 7.67
1978 5.75
1979 0.41
1980 -5.44
1981 19.09
1982 8.46
1983 5.02
1984 7.45
1985 0.73
1986 -0.65
1987 -3.41
1988 2.88
1989 -0.20
1990 -4.43
1991 -11.08
1992 -11.63
1993 -15.39
1994 0.20
1995 1.36
1996 7.63
1997 2.39
1998 -0.09
1999 5.68
2000 5.34
2001 3.28
2002 0.87
2003 3.75
2004 5.42
2005 11.37
2006 12.40
2007 6.87
2008 4.28
2009 0.65
2010 2.69
2011 3.45
2012 2.98
2013 2.68
2014 0.70
2015 4.30
2016 0.26
2017 1.78
2018 2.19

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in Cuba was 4,956 as of 2018. As the graph below shows, over the past 48 years this indicator reached a maximum value of 4,956 in 2018 and a minimum value of 1,627 in 1970.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 1,627
1971 1,736
1972 1,788
1973 1,818
1974 1,808
1975 1,953
1976 2,036
1977 2,192
1978 2,318
1979 2,327
1980 2,201
1981 2,621
1982 2,843
1983 2,985
1984 3,208
1985 3,231
1986 3,210
1987 3,101
1988 3,190
1989 3,184
1990 3,043
1991 2,706
1992 2,391
1993 2,023
1994 2,027
1995 2,055
1996 2,211
1997 2,264
1998 2,262
1999 2,391
2000 2,518
2001 2,601
2002 2,623
2003 2,722
2004 2,869
2005 3,195
2006 3,591
2007 3,838
2008 4,002
2009 4,028
2010 4,136
2011 4,279
2012 4,407
2013 4,525
2014 4,557
2015 4,752
2016 4,765
2017 4,849
2018 4,956

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts