Cuba — GDP
GDP (Nominal) for Cuba, 1970–2020.
Latest value · 2020
107.35 billion
GDP (Nominal) · current US$ · +1785.7% since 1970
GDP for Cuba was 107.35 billion in 2020, according to the latest World Bank data. The series covers 51 years, from 1970 to 2020. The latest year is also the highest value on record for this series. The lowest was 5.69 billion in 1970 (about 18.9× the low point). Across that span the compound annual growth rate works out to 6.05% per year.
Cuba ranks 73 of 212 economies on this measure (1 = highest), putting it in the top 34%. The median for Latin America & Caribbean is 32.08 billion, so Cuba sits above it. Over the last decade (2010–2020) the figure moved up 80%.
Key figures
Latest (2020)
107.35 billion
First (1970)
5.69 billion
Change
+1785.7%
Highest
107.35 billion
in 2020
Lowest
5.69 billion
in 1970
Average
39.03 billion
Annual growth (CAGR)
6.05%
Years of data
51
Recent years
| Year | current US$ |
|---|---|
| 2020 | 107,352,000,000 |
| 2019 | 103,427,600,000 |
| 2018 | 100,050,036,100 |
| 2017 | 96,850,649,700 |
| 2016 | 91,370,407,900 |
| 2015 | 87,132,800,000 |
| 2014 | 80,656,100,000 |
| 2013 | 77,148,000,000 |
| 2012 | 73,141,000,000 |
| 2011 | 68,990,000,000 |
| 2010 | 59,562,962,962.96 |
| 2009 | 57,481,481,481.48 |
Reading this correctly. Gross domestic product at current market prices, converted to US dollars at official exchange rates. This is the number usually meant by 'GDP'. Figures are in current US$. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.MKTP.CD — GDP (Nominal). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.