Cuba - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Cuba was 0.65 as of 2020. Its highest value over the past 50 years was 5.16 in 2012, while its lowest value was -13.60 in 1989.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | -11.56 |
| 1971 | -11.56 |
| 1972 | -11.56 |
| 1973 | -11.55 |
| 1974 | -11.56 |
| 1975 | -11.55 |
| 1976 | -11.56 |
| 1977 | -11.56 |
| 1978 | -11.54 |
| 1979 | -11.58 |
| 1980 | -11.53 |
| 1981 | -11.62 |
| 1982 | -11.52 |
| 1983 | -11.44 |
| 1984 | -11.80 |
| 1985 | -11.27 |
| 1986 | -12.05 |
| 1987 | -11.02 |
| 1988 | -11.08 |
| 1989 | -13.60 |
| 1990 | -10.64 |
| 1991 | -7.13 |
| 1992 | -1.31 |
| 1993 | -2.53 |
| 1994 | -1.30 |
| 1995 | -2.51 |
| 1996 | -2.00 |
| 1997 | -2.91 |
| 1998 | -4.00 |
| 1999 | -2.79 |
| 2000 | -2.82 |
| 2001 | -2.89 |
| 2002 | -1.68 |
| 2003 | -0.68 |
| 2004 | 0.73 |
| 2005 | 2.67 |
| 2006 | 0.24 |
| 2007 | 2.71 |
| 2008 | -3.78 |
| 2009 | 2.01 |
| 2010 | 4.85 |
| 2011 | 3.25 |
| 2012 | 5.16 |
| 2013 | 3.88 |
| 2014 | 4.89 |
| 2015 | 2.68 |
| 2016 | 2.70 |
| 2017 | 2.88 |
| 2018 | 1.96 |
| 2019 | 1.61 |
| 2020 | 0.65 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
