Cuba - Industry

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Cuba was $10,451,000,000 as of 2008. Over the past 38 years, the value for this indicator has fluctuated between $10,451,000,000 in 2008 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 $3,739,167,000
1984 $4,056,487,000
1985 $3,934,390,000
1986 $4,202,162,000
1987 $4,076,966,000
1988 $4,569,086,000
1989 $4,608,397,000
1990 $4,972,162,000
1991 $4,138,275,000
1992 $3,713,364,000
1993 $3,644,444,000
1994 $4,811,918,000
1995 $5,465,267,000
1996 $4,853,700,000
1997 $5,032,400,000
1998 $5,304,000,000
1999 $5,979,200,000
2000 $7,182,300,000
2001 $6,990,600,000
2002 $6,892,100,000
2003 $6,511,600,000
2004 $6,454,600,000
2005 $6,761,400,000
2006 $8,762,500,000
2007 $9,852,000,000
2008 $10,451,000,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Cuba was 10,896,010,000 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 10,896,010,000 in 2010 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 4,853,700,000
1997 5,032,400,000
1998 5,304,000,000
1999 5,979,200,000
2000 7,182,300,000
2001 6,990,600,000
2002 6,892,100,000
2003 6,511,600,000
2004 6,454,600,000
2005 6,761,400,000
2006 8,762,500,000
2007 9,852,000,000
2008 10,451,000,000
2009 10,525,800,000
2010 10,896,010,000

Industry, value added (constant 2000 US$)

The latest value for Industry, value added (constant 2000 US$) in Cuba was 8,973,126,000 as of 2010. Over the past 40 years, the value for this indicator has fluctuated between 9,336,657,000 in 1990 and 3,780,927,000 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 2000 U.S. dollars.

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

See also:

Year Value
1970 3,780,927,000
1971 4,105,965,000
1972 4,303,774,000
1973 4,450,478,000
1974 4,493,471,000
1975 4,923,547,000
1976 5,192,086,000
1977 5,638,003,000
1978 6,003,505,000
1979 6,069,734,000
1980 5,810,678,000
1981 6,935,113,000
1982 7,493,791,000
1983 7,893,015,000
1984 8,572,044,000
1985 9,021,524,000
1986 8,615,857,000
1987 8,124,129,000
1988 8,733,382,000
1989 9,158,394,000
1990 9,336,657,000
1991 7,615,993,000
1992 5,559,349,000
1993 4,479,991,000
1994 4,703,434,000
1995 5,146,766,000
1996 5,855,223,000
1997 6,168,851,000
1998 5,703,856,000
1999 6,436,034,000
2000 7,182,300,000
2001 7,323,026,000
2002 7,220,158,000
2003 6,945,538,000
2004 6,765,700,000
2005 6,947,514,000
2006 8,001,284,000
2007 8,295,677,000
2008 8,739,996,000
2009 8,745,823,000
2010 8,973,126,000

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Cuba was 2.60 as of 2010. As the graph below shows, over the past 39 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 2000 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 5.36
1998 -7.54
1999 12.84
2000 11.60
2001 1.96
2002 -1.40
2003 -3.80
2004 -2.59
2005 2.69
2006 15.17
2007 3.68
2008 5.36
2009 0.07
2010 2.60

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Cuba was 8,732,747,000 as of 2010. As the graph below shows, over the past 40 years this indicator reached a maximum value of 9,086,540,000 in 1990 and a minimum value of 3,679,641,000 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 3,679,641,000
1971 3,995,972,000
1972 4,188,482,000
1973 4,331,256,000
1974 4,373,097,000
1975 4,791,651,000
1976 5,052,997,000
1977 5,486,968,000
1978 5,842,679,000
1979 5,907,134,000
1980 5,655,017,000
1981 6,749,330,000
1982 7,293,042,000
1983 7,681,571,000
1984 8,342,411,000
1985 8,779,850,000
1986 8,385,050,000
1987 7,906,494,000
1988 8,499,426,000
1989 8,913,054,000
1990 9,086,540,000
1991 7,411,971,000
1992 5,410,421,000
1993 4,359,978,000
1994 4,577,436,000
1995 5,008,891,000
1996 5,698,369,000
1997 6,003,596,000
1998 5,551,058,000
1999 6,263,621,000
2000 6,989,896,000
2001 7,126,853,000
2002 7,026,740,000
2003 6,759,476,000
2004 6,584,456,000
2005 6,761,400,000
2006 7,786,940,000
2007 8,073,447,000
2008 8,505,863,000
2009 8,511,535,000
2010 8,732,747,000

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Cuba was 20.52 as of 2010. Its highest value over the past 40 years was 27.89 in 2000, while its lowest value was 17.48 in 1993.

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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

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

See also:

Year Value
1970 18.62
1971 18.63
1972 18.63
1973 18.62
1974 18.61
1975 18.62
1976 18.64
1977 18.63
1978 18.60
1979 18.57
1980 18.68
1981 18.75
1982 18.54
1983 18.46
1984 18.44
1985 19.24
1986 19.08
1987 17.53
1988 18.03
1989 18.34
1990 18.63
1991 17.73
1992 17.77
1993 17.48
1994 20.52
1995 22.88
1996 24.27
1997 24.60
1998 25.04
1999 25.53
2000 27.89
2001 26.02
2002 24.57
2003 22.08
2004 20.74
2005 19.37
2006 20.22
2007 20.49
2008 20.71
2009 20.35
2010 20.52

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts