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Cuba GDP and Economic Data

Country Report 2017 - Includes Cuba real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Cuba's economic outlook, debt to GDP ratio, international trade performance and population trends.

 
 
Source
Central bank

Central Bank of Cuba

Source
International Reserves

N/A

Source
Gross Domestic Product - GDP

N/A

Source
GDP (Purchasing Power Parity)

N/A

Source
Real GDP growth
2007 2008 2009 2010 2011 2012 2013
N/A N/A N/A N/A N/A N/A N/A
2014 2015 2016 2017 2018    
N/A N/A N/A N/A N/A    

*Estimate

Source
GDP per capita - current prices

N/A

Source
GDP per capita - PPP

N/A

Source
GDP (PPP) - share of world total
1980 1990 2000 2010 2018
N/A N/A N/A N/A N/A

 

Source
 
 
Source
GDP - composition by sector
  • agriculture: 3.8% 
  • industry: 24.4% 
  • services: 70.8%

(2017 estimate)

Source
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Source
Inflation
2015 2016 2017 2018 2019
N/A N/A N/A N/A N/A

*Estimate

Source
Unemployment rate
2015 2016 2017 2018 2019
N/A N/A N/A N/A N/A

*Estimate

Source
Household saving rates

N/A

 

Source
Public debt (General government gross debt as a % of GDP)
2015 2016 2017 2018 2019
N/A N/A N/A N/A N/A

*Estimate

Source
Public deficit (General government net lending/borrowing as a % of GDP)
2015 2016 2017 2018 2019
N/A N/A N/A N/A N/A

*Estimate

Source
Government bond ratings

Standard & Poor's: N/A

Moody's: Caa2

Standard & Poor's / Moody's 

Source
Market value of publicly traded shares
2016 2017 2018
N/A N/A N/A
Source
Largest companies

N/A

Source
 
 
Source
Current account balance

N/A

Source
Current account balance by percentage of GDP

N/A

Source
Exports as percent of GDP (Exports of goods and services)

14.5% (2017)

Source
Shares in world total merchandising export

0.01% (2018)​

Source
Shares in world total commercial services export

0.19% (2018)

Source
Total exports

USD 12.8 billion (2018 estimate)

Source
Export commodities

Petroleum, nickel, medical products, sugar, tobacco, fish, citrus, coffee

Source
Total imports

USD 11.7 billion (2018 estimate)

Source
 
 
Source
Import commodities

Petroleum, food, machinery and equipment, chemicals

Source
Exports - major partners

Venezuela 17.8%, Spain 12.2%, Russia 7.9%, Lebanon 6.1%, Indonesia 4.5%, Germany 4.3%(2017)

Source
Imports - major partners

China 22%, Spain 14%, Russia 5%, Brazil 5%, Mexico 4.9%, Italy 4.8%, US 4.5% (2017)

Source
FDI inflows
2016 2017 2018
N/A N/A N/A
Source
FDI outflows
2016 2017 2018
N/A N/A N/A
Source
Value of cross-border M&A, by country of purchaser
2015 2016 2017 2018
N/A N/A N/A N/A
Source
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Source
Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Source
Best countries for doing business

N/A

Source
Global competitiveness ranking

N/A

Source
Index of Economic Freedom

Ranking: 178 / Score: 27.8 (Repressed) (2019)

(100=totally free 0=totally repressed)

Source
 
 
Source
Time zone

UTC-5

Source
Total area

110,860 sq km

Source
Capital

Havana

Source
Currency

Cuban pesos (CUP)

Source
Government type

Communist state

Source
Languages

Spanish (official)

Source
Religions

Christian 59.2%, folk 17.4%, other .4%, none 23% (2010 est.)

Source
Total population
1980 1990 2000 2015 2020
N/A N/A N/A N/A N/A

*Estimate   

Source
 
 
Source
Urban population as % of total population
1960 1980 2000 2018
58.4% 68.1% 75.3% 77%
Source
Population median age

41.8 years 

Source
Population growth rate

-0.27% (2018 estimate)

Source
Life expectancy

78.9 years (2018 estimate)

Source
Literacy

Total population: 99.8% 
Male: 99.9% 
Female: 99.8%
Definition: age 15 and over can read and write (2015 est.)

Source
% of population living on less than $3.10 a day

N/A

Source
Inequality of wealth distribution (Gini index)

N/A

 

Source
Freedom House rating

Not Free
Political Rights: 7
Civil Liberties: 6 (2019)
(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed: 12.7%

Mobile: 47.4%

(2018)

(fixed-telephone subscribers and mobile-cellular subscribers)

Source
Internet users as % of total population

57.15 % (2017)

Source
Mercer Cost of living index

Havana: 133rd (2019)

Source
CO2 emissions

3.08 metric tons per capita (2014)

Source

World's Best Subcustodian Banks

2010

World's Biggest Banks

2010
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