Cuba - Inflation

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Cuba was 16.55 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 26.28 in 1994 and a minimum value of -7.39 in 1991.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

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

See also:

Year Value
1971 11.86
1972 6.96
1973 3.25
1974 11.86
1975 4.33
1976 0.52
1977 -4.19
1978 9.32
1979 2.93
1980 5.40
1981 -2.54
1982 -2.23
1983 1.60
1984 2.58
1985 -2.16
1986 -3.91
1987 0.61
1988 1.23
1989 0.62
1990 5.26
1991 -7.39
1992 3.75
1993 18.98
1994 26.28
1995 10.51
1996 -2.67
1997 -1.35
1998 1.30
1999 3.79
2000 1.74
2001 0.45
2002 4.53
2003 2.97
2004 0.61
2005 0.38
2006 10.37
2007 3.59
2008 -0.34
2009 0.63
2010 1.20
2011 4.32
2012 2.91
2013 2.66
2014 3.46
2015 3.44
2016 4.33
2017 4.12
2018 1.03
2019 3.55
2020 16.55

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Cuba was 16.55 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 26.28 in 1994 and -7.39 in 1991.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. 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.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 5.26
1991 -7.39
1992 3.75
1993 18.98
1994 26.28
1995 10.51
1996 -2.67
1997 -1.35
1998 1.30
1999 3.79
2000 1.74
2001 0.45
2002 4.53
2003 2.97
2004 0.61
2005 0.38
2006 10.37
2007 3.59
2008 -0.34
2009 0.63
2010 1.20
2011 4.32
2012 2.91
2013 2.66
2014 3.46
2015 3.44
2016 4.33
2017 4.12
2018 1.03
2019 3.55
2020 16.55

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices