Cuba - Manufacturing, value added (current LCU)

The value for Manufacturing, value added (current LCU) in Cuba was 12,020,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 13,075,000,000 in 2017 and a minimum value of 447,364,700 in 1970.

Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 447,364,700
1971 543,431,100
1972 609,312,400
1973 650,657,900
1974 734,679,500
1975 839,523,300
1976 890,299,000
1977 926,777,000
1978 1,079,161,000
1979 1,120,690,000
1980 1,129,452,000
1981 1,319,480,000
1982 1,396,331,000
1983 1,492,290,000
1984 1,639,526,000
1985 1,694,586,000
1986 1,604,690,000
1987 1,505,295,000
1988 1,611,476,000
1989 1,573,511,000
1990 1,537,004,000
1991 1,393,752,000
1992 1,458,460,000
1993 1,482,159,000
1994 2,259,614,000
1995 2,728,589,000
1996 4,416,100,000
1997 4,644,700,000
1998 4,349,300,000
1999 4,712,700,000
2000 5,019,700,000
2001 5,091,200,000
2002 5,158,000,000
2003 5,110,200,000
2004 5,262,900,000
2005 5,923,027,000
2006 7,079,100,000
2007 8,503,600,000
2008 8,915,600,000
2009 9,300,000,000
2010 10,055,000,000
2011 10,583,000,000
2012 11,778,000,000
2013 12,138,000,000
2014 12,169,000,000
2015 12,990,000,000
2016 12,655,000,000
2017 13,075,000,000
2018 12,820,000,000
2019 12,907,000,000
2020 12,020,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts