Cuba - Industry

Industry, value added per worker (constant 2010 US$)

The latest value for Industry, value added per worker (constant 2010 US$) in Cuba was 23,310 as of 2018. Over the past 27 years, the value for this indicator has fluctuated between 23,310 in 2018 and 7,943 in 1993.

Definition: Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2010 U.S. dollars. Industry corresponds to the International Standard Industrial Classification (ISIC) tabulation categories C-F (revision 3) or tabulation categories B-F (revision 4), and includes mining and quarrying (including oil production), manufacturing, construction, and public utilities (electricity, gas, and water).

Source: Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.

See also:

Year Value
1991 13,083
1992 9,499
1993 7,943
1994 8,841
1995 10,719
1996 11,946
1997 12,427
1998 12,651
1999 14,687
2000 15,558
2001 15,185
2002 15,222
2003 15,088
2004 15,455
2005 16,375
2006 18,266
2007 18,631
2008 19,101
2009 19,404
2010 19,982
2011 20,163
2012 18,865
2013 21,715
2014 21,311
2015 22,822
2016 22,352
2017 22,848
2018 23,310

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Cuba was $24,711,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $25,391,000,000 in 2019 and $964,146,100 in 1970.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

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

See also:

Year Value
1970 $964,146,100
1971 $1,171,202,000
1972 $1,377,927,000
1973 $1,691,435,000
1974 $1,931,205,000
1975 $2,206,260,000
1976 $2,337,286,000
1977 $2,406,212,000
1978 $3,019,556,000
1979 $3,312,410,000
1980 $3,376,297,000
1981 $3,429,645,000
1982 $3,536,655,000
1983 $3,739,037,000
1984 $4,056,487,000
1985 $3,934,218,000
1986 $4,202,212,000
1987 $4,077,018,000
1988 $4,569,086,000
1989 $4,608,101,000
1990 $4,972,162,000
1991 $4,138,049,000
1992 $3,713,364,000
1993 $3,644,444,000
1994 $4,811,917,000
1995 $5,465,477,000
1996 $6,676,000,000
1997 $6,995,700,000
1998 $6,670,600,000
1999 $7,202,700,000
2000 $7,804,900,000
2001 $7,877,000,000
2002 $7,961,400,000
2003 $8,079,900,000
2004 $8,419,800,000
2005 $9,179,866,000
2006 $11,711,400,000
2007 $13,201,700,000
2008 $13,612,400,000
2009 $14,033,000,000
2010 $14,727,000,000
2011 $15,356,000,000
2012 $17,091,000,000
2013 $17,860,000,000
2014 $17,867,000,000
2015 $19,477,000,000
2016 $20,963,000,000
2017 $23,589,000,000
2018 $24,890,000,000
2019 $25,391,000,000
2020 $24,711,000,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Cuba was 24,711,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 25,391,000,000 in 2019 and a minimum value of 964,146,100 in 1970.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

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

Year Value
1970 964,146,100
1971 1,171,202,000
1972 1,313,164,000
1973 1,402,200,000
1974 1,583,588,000
1975 1,809,133,000
1976 1,918,912,000
1977 1,997,156,000
1978 2,325,058,000
1979 2,418,059,000
1980 2,430,934,000
1981 2,846,605,000
1982 3,006,157,000
1983 3,211,833,000
1984 3,563,624,000
1985 3,603,351,000
1986 3,502,124,000
1987 3,205,759,000
1988 3,463,367,000
1989 3,595,702,000
1990 3,739,066,000
1991 3,031,949,000
1992 2,747,889,000
1993 2,696,889,000
1994 3,560,819,000
1995 4,281,108,000
1996 6,676,000,000
1997 6,995,700,000
1998 6,670,600,000
1999 7,202,700,000
2000 7,804,900,000
2001 7,877,000,000
2002 7,961,400,000
2003 8,079,900,000
2004 8,419,800,000
2005 9,179,866,000
2006 11,711,400,000
2007 13,201,700,000
2008 13,612,400,000
2009 14,033,000,000
2010 14,727,000,000
2011 15,356,000,000
2012 17,091,000,000
2013 17,860,000,000
2014 17,867,000,000
2015 19,477,000,000
2016 20,963,000,000
2017 23,589,000,000
2018 24,890,000,000
2019 25,391,000,000
2020 24,711,000,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Cuba was 17,719,670,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 20,021,140,000 in 2018 and 7,180,662,000 in 1970.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. 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 7,180,662,000
1971 7,797,968,000
1972 8,173,643,000
1973 8,452,260,000
1974 8,533,911,000
1975 9,350,702,000
1976 9,860,707,000
1977 10,707,580,000
1978 11,401,740,000
1979 11,527,520,000
1980 11,035,520,000
1981 13,171,030,000
1982 14,232,060,000
1983 14,990,260,000
1984 16,279,860,000
1985 17,133,500,000
1986 16,363,070,000
1987 15,429,190,000
1988 16,586,270,000
1989 17,393,440,000
1990 17,731,990,000
1991 14,464,140,000
1992 10,558,200,000
1993 8,508,311,000
1994 8,932,669,000
1995 9,774,637,000
1996 11,120,120,000
1997 11,712,820,000
1998 10,970,610,000
1999 11,749,820,000
2000 12,658,290,000
2001 12,438,120,000
2002 12,493,540,000
2003 12,498,230,000
2004 12,913,290,000
2005 13,916,380,000
2006 15,783,020,000
2007 16,332,520,000
2008 16,996,370,000
2009 17,112,900,000
2010 16,888,550,000
2011 17,032,540,000
2012 17,801,040,000
2013 18,433,920,000
2014 17,899,820,000
2015 19,477,000,000
2016 19,108,660,000
2017 19,528,900,000
2018 20,021,140,000
2019 19,292,830,000
2020 17,719,670,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Cuba was -8.15 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 19.35 in 1981 and a minimum value of -27.00 in 1992.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

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

See also:

Year Value
1971 8.60
1972 4.82
1973 3.41
1974 0.97
1975 9.57
1976 5.45
1977 8.59
1978 6.48
1979 1.10
1980 -4.27
1981 19.35
1982 8.06
1983 5.33
1984 8.60
1985 5.24
1986 -4.50
1987 -5.71
1988 7.50
1989 4.87
1990 1.95
1991 -18.43
1992 -27.00
1993 -19.42
1994 4.99
1995 9.43
1996 13.77
1997 5.33
1998 -6.34
1999 7.10
2000 7.73
2001 -1.74
2002 0.45
2003 0.04
2004 3.32
2005 7.77
2006 13.41
2007 3.48
2008 4.06
2009 0.69
2010 -1.31
2011 0.85
2012 4.51
2013 3.56
2014 -2.90
2015 8.81
2016 -1.89
2017 2.20
2018 2.52
2019 -3.64
2020 -8.15

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Cuba was 10,583,400,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 11,958,000,000 in 2018 and a minimum value of 4,288,784,000 in 1970.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

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

Year Value
1970 4,288,784,000
1971 4,657,481,000
1972 4,881,860,000
1973 5,048,269,000
1974 5,097,037,000
1975 5,584,881,000
1976 5,889,490,000
1977 6,395,303,000
1978 6,809,900,000
1979 6,885,025,000
1980 6,591,172,000
1981 7,866,642,000
1982 8,500,362,000
1983 8,953,210,000
1984 9,723,447,000
1985 10,233,300,000
1986 9,773,145,000
1987 9,215,367,000
1988 9,906,456,000
1989 10,388,560,000
1990 10,590,760,000
1991 8,638,979,000
1992 6,306,084,000
1993 5,081,747,000
1994 5,335,203,000
1995 5,838,084,000
1996 6,641,700,000
1997 6,995,700,000
1998 6,552,400,000
1999 7,017,800,000
2000 7,560,400,000
2001 7,428,900,000
2002 7,462,000,000
2003 7,464,800,000
2004 7,712,700,000
2005 8,311,818,000
2006 9,426,700,000
2007 9,754,900,000
2008 10,151,400,000
2009 10,221,000,000
2010 10,087,000,000
2011 10,173,000,000
2012 10,632,000,000
2013 11,010,000,000
2014 10,691,000,000
2015 11,633,000,000
2016 11,413,000,000
2017 11,664,000,000
2018 11,958,000,000
2019 11,523,000,000
2020 10,583,400,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Cuba was 23.02 as of 2020. Its highest value over the past 50 years was 27.58 in 1997, while its lowest value was 16.17 in 1987.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

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

See also:

Year Value
1970 16.94
1971 16.94
1972 16.94
1973 16.94
1974 16.93
1975 16.94
1976 16.95
1977 16.94
1978 16.92
1979 16.91
1980 16.96
1981 17.02
1982 16.88
1983 16.84
1984 16.87
1985 17.16
1986 17.35
1987 16.17
1988 16.64
1989 17.05
1990 17.36
1991 17.02
1992 16.81
1993 16.29
1994 16.91
1995 17.96
1996 26.69
1997 27.58
1998 25.92
1999 25.39
2000 25.54
2001 24.86
2002 23.70
2003 22.51
2004 22.04
2005 21.53
2006 22.20
2007 22.53
2008 22.39
2009 22.60
2010 22.89
2011 22.26
2012 23.37
2013 23.15
2014 22.15
2015 22.35
2016 22.94
2017 24.36
2018 24.88
2019 24.55
2020 23.02

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts