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Cuba · GDP annual growth rate

Cuba GDP annual growth rate

The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31

Latest · 2024-1.06%
Previous · 2023-1.93%
Highest · 198119.69%
Lowest · 1993-14.88%

Cuba's gdp annual growth rate stands at -1.06% as of 2024-12-31, up from -1.93% in 2023. Historical data runs from 1971 to 2024 (54 observations).

Recent trend

In 2024, Cuba's gdp annual growth rate was -1.06%, up from -1.93% in 2023.

In 2023, Cuba's gdp annual growth rate was -1.93%, down from 1.77% in 2022.

In 2022, Cuba's gdp annual growth rate was 1.77%, up from 1.25% in 2021.

In 2021, Cuba's gdp annual growth rate was 1.25%, up from -10.95% in 2020.

In 2020, Cuba's gdp annual growth rate was -10.95%, down from -0.1631% in 2019.

Cuba GDP annual growth rate — historical data

YearValueChange
2024-1.06%+0.8676%
2023-1.93%-3.7%
20221.77%+0.5202%
20211.25%+12.2%
2020-10.95%-10.79%
2019-0.1631%-2.41%
20182.25%+0.4382%
20171.81%+1.3%
20160.5128%-3.93%
20154.44%+3.39%
20141.05%-1.7%
20132.75%-0.2673%
20123.01%+0.2126%
20112.8%+0.4119%
20102.39%+0.939%
20091.45%-2.67%
20084.12%-3.15%
20077.26%-4.8%
200612.07%+0.8642%
200511.2%+5.43%
20045.77%+1.98%
20033.79%+2.37%
20021.42%-1.76%
20013.19%-2.73%
20005.91%-0.274%
19996.19%+6.03%
19980.1591%-2.62%
19972.78%-5.06%
19967.84%+5.38%
19952.46%+1.74%
19940.7169%+15.6%
1993-14.88%-3.3%
1992-11.58%-0.8879%
1991-10.69%-7.74%
1990-2.95%-3.63%
19890.6801%-3.03%
19883.71%+6.11%
1987-2.4%-2.5%
19860.0953%-1.5%
19851.6%-6.33%
19847.93%+2.52%
19835.41%-3.51%
19828.92%-10.77%
198119.69%+24.54%
1980-4.85%-5.94%
19791.09%-5.51%
19786.6%-2.11%
19778.71%+3.28%
19765.43%-4.05%
19759.48%+8.49%
19740.9845%-2.45%
19733.43%-1.39%
19724.83%-3.76%
19718.58%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

More Cuba data

Frequently asked questions

What is Cuba's gdp annual growth rate?

Cuba's gdp annual growth rate is -1.06% as of 2024-12-31, compared with -1.93% in 2023. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest gdp annual growth rate in Cuba?

The highest recorded value is 19.69% (1981); the lowest is -14.88% (1993), across data from 1971 to 2024.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.