Cuba - Imports of goods and services

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Cuba was $8,067,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $15,602,000,000 in 2013 and $2,515,237,000 in 1970.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

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

See also:

Year Value
1970 $2,515,237,000
1971 $3,055,096,000
1972 $3,594,369,000
1973 $4,412,339,000
1974 $5,038,233,000
1975 $5,756,838,000
1976 $6,093,815,000
1977 $6,276,949,000
1978 $7,878,466,000
1979 $8,645,207,000
1980 $8,817,698,000
1981 $8,905,964,000
1982 $9,251,184,000
1983 $9,765,161,000
1984 $10,603,440,000
1985 $10,307,790,000
1986 $10,606,360,000
1987 $11,073,230,000
1988 $11,837,460,000
1989 $12,096,960,000
1990 $11,708,950,000
1991 $7,067,592,000
1992 $4,025,943,000
1993 $3,516,495,000
1994 $4,135,301,000
1995 $4,840,440,000
1996 $4,331,000,000
1997 $4,522,800,000
1998 $4,697,400,000
1999 $4,916,000,000
2000 $5,179,600,000
2001 $5,109,300,000
2002 $4,434,700,000
2003 $4,895,200,000
2004 $5,841,100,000
2005 $7,822,300,000
2006 $9,744,000,000
2007 $10,332,600,000
2008 $14,806,100,000
2009 $9,594,000,000
2010 $11,400,000,000
2011 $15,079,000,000
2012 $14,888,000,000
2013 $15,602,000,000
2014 $13,865,000,000
2015 $12,605,000,000
2016 $11,226,000,000
2017 $11,304,000,000
2018 $12,567,000,000
2019 $10,971,000,000
2020 $8,067,000,000

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in Cuba was 8,067,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 15,602,000,000 in 2013 and a minimum value of 2,515,237,000 in 1970.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

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

Year Value
1970 2,515,237,000
1971 3,055,096,000
1972 3,425,434,000
1973 3,657,829,000
1974 4,131,351,000
1975 4,720,607,000
1976 5,003,022,000
1977 5,209,868,000
1978 6,066,418,000
1979 6,311,001,000
1980 6,348,742,000
1981 7,391,950,000
1982 7,863,506,000
1983 8,388,273,000
1984 9,315,125,000
1985 9,440,906,000
1986 8,839,343,000
1987 8,706,881,000
1988 8,972,792,000
1989 9,439,262,000
1990 8,805,131,000
1991 5,178,424,000
1992 2,979,198,000
1993 2,602,206,000
1994 3,060,123,000
1995 3,791,517,000
1996 4,331,000,000
1997 4,522,800,000
1998 4,697,400,000
1999 4,916,000,000
2000 5,179,600,000
2001 5,109,300,000
2002 4,434,700,000
2003 4,895,200,000
2004 5,841,100,000
2005 7,822,300,000
2006 9,744,000,000
2007 10,332,600,000
2008 14,806,100,000
2009 9,594,000,000
2010 11,400,000,000
2011 15,079,000,000
2012 14,888,000,000
2013 15,602,000,000
2014 13,865,000,000
2015 12,605,000,000
2016 11,226,000,000
2017 11,304,000,000
2018 12,567,000,000
2019 10,971,000,000
2020 8,067,000,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Cuba was 9,744,171,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 12,605,000,000 in 2015 and 3,144,585,000 in 1993.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. 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 4,387,647,000
1971 4,764,827,000
1972 4,994,578,000
1973 5,164,586,000
1974 5,213,043,000
1975 5,715,123,000
1976 6,025,122,000
1977 6,544,285,000
1978 6,965,157,000
1979 7,032,032,000
1980 6,763,271,000
1981 8,036,372,000
1982 8,709,768,000
1983 9,134,959,000
1984 9,860,760,000
1985 10,735,390,000
1986 9,758,615,000
1987 9,590,368,000
1988 9,891,796,000
1989 10,225,930,000
1990 9,662,690,000
1991 6,074,732,000
1992 3,324,969,000
1993 3,144,585,000
1994 3,747,270,000
1995 4,178,506,000
1996 5,192,872,000
1997 5,096,084,000
1998 5,166,281,000
1999 5,291,914,000
2000 5,280,196,000
2001 5,082,000,000
2002 4,710,960,000
2003 5,282,337,000
2004 5,967,854,000
2005 7,505,648,000
2006 9,039,950,000
2007 8,939,781,000
2008 9,598,932,000
2009 8,165,588,000
2010 11,078,250,000
2011 11,192,050,000
2012 10,956,560,000
2013 11,622,470,000
2014 11,445,570,000
2015 12,605,000,000
2016 11,263,040,000
2017 11,082,760,000
2018 10,857,400,000
2019 10,546,420,000
2020 9,744,171,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Cuba was -7.61 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 35.67 in 2010 and a minimum value of -45.27 in 1992.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

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

See also:

Year Value
1971 8.60
1972 4.82
1973 3.40
1974 0.94
1975 9.63
1976 5.42
1977 8.62
1978 6.43
1979 0.96
1980 -3.82
1981 18.82
1982 8.38
1983 4.88
1984 7.95
1985 8.87
1986 -9.10
1987 -1.72
1988 3.14
1989 3.38
1990 -5.51
1991 -37.13
1992 -45.27
1993 -5.43
1994 19.17
1995 11.51
1996 24.28
1997 -1.86
1998 1.38
1999 2.43
2000 -0.22
2001 -3.75
2002 -7.30
2003 12.13
2004 12.98
2005 25.77
2006 20.44
2007 -1.11
2008 7.37
2009 -14.93
2010 35.67
2011 1.03
2012 -2.10
2013 6.08
2014 -1.52
2015 10.13
2016 -10.65
2017 -1.60
2018 -2.03
2019 -2.86
2020 -7.61

Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Cuba was 8,647,999,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 11,187,000,000 in 2015 and a minimum value of 2,790,835,000 in 1993.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

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

Year Value
1970 3,894,059,000
1971 4,228,807,000
1972 4,432,713,000
1973 4,583,596,000
1974 4,626,601,000
1975 5,072,200,000
1976 5,347,325,000
1977 5,808,085,000
1978 6,181,612,000
1979 6,240,963,000
1980 6,002,437,000
1981 7,132,320,000
1982 7,729,962,000
1983 8,107,321,000
1984 8,751,473,000
1985 9,527,709,000
1986 8,660,819,000
1987 8,511,500,000
1988 8,779,017,000
1989 9,075,561,000
1990 8,575,686,000
1991 5,391,354,000
1992 2,950,927,000
1993 2,790,835,000
1994 3,325,721,000
1995 3,708,445,000
1996 4,608,700,000
1997 4,522,800,000
1998 4,585,100,000
1999 4,696,600,000
2000 4,686,200,000
2001 4,510,300,000
2002 4,181,000,000
2003 4,688,100,000
2004 5,296,500,000
2005 6,661,300,000
2006 8,023,000,000
2007 7,934,100,000
2008 8,519,100,000
2009 7,247,000,000
2010 9,831,999,000
2011 9,933,000,000
2012 9,724,000,000
2013 10,315,000,000
2014 10,158,000,000
2015 11,187,000,000
2016 9,996,000,000
2017 9,836,000,000
2018 9,636,000,000
2019 9,360,000,000
2020 8,647,999,000

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Cuba was 7.51 as of 2020. Its highest value over the past 50 years was 44.97 in 1985, while its lowest value was 7.51 in 2020.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

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

See also:

Year Value
1970 44.18
1971 44.18
1972 44.18
1973 44.18
1974 44.17
1975 44.19
1976 44.19
1977 44.18
1978 44.15
1979 44.14
1980 44.28
1981 44.20
1982 44.15
1983 43.98
1984 44.11
1985 44.97
1986 43.78
1987 43.92
1988 43.11
1989 44.76
1990 40.88
1991 29.06
1992 18.23
1993 15.72
1994 14.54
1995 15.91
1996 17.31
1997 17.83
1998 18.25
1999 17.33
2000 16.95
2001 16.13
2002 13.20
2003 13.64
2004 15.29
2005 18.34
2006 18.47
2007 17.63
2008 24.35
2009 15.45
2010 17.72
2011 21.86
2012 20.36
2013 20.22
2014 17.19
2015 14.47
2016 12.29
2017 11.67
2018 12.56
2019 10.61
2020 7.51

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts