
Small Is Beautiful
Encouraged by government stimulus programs, banks are finding new ways to finance SMEs. Once the economy recovers, will the surge of interest recede?
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Cuba economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Cuba best banks and safest banks are also available.
As Cuba reopens its economy, the government hopes loosened restrictions and dollarization of international trade will spur expansion.
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
1980 | 1990 | 2000 | 2010 | 2018 |
N/A | N/A | N/A | N/A | N/A |
(2017 estimate)
2015 | 2016 | 2017 | 2018 | 2019 |
N/A | N/A | N/A | N/A | N/A |
*Estimate
2015 | 2016 | 2017 | 2018 | 2019 |
N/A | N/A | N/A | N/A | N/A |
*Estimate
2015 | 2016 | 2017 | 2018 | 2019 |
N/A | N/A | N/A | N/A | N/A |
*Estimate
2015 | 2016 | 2017 | 2018 | 2019 |
N/A | N/A | N/A | N/A | N/A |
*Estimate
Standard & Poor's: N/A
Moody's: Caa2
Standard & Poor's / Moody's
2016 | 2017 | 2018 |
N/A | N/A | N/A |
24.1% (2013)
0.03% (2015)
0.2% (2015)
Petroleum, nickel, medical products, sugar, tobacco, fish, citrus, coffee
Petroleum, food, machinery and equipment, chemicals
Canada 17.7%, Venezuela 13.8%, China 13%, Netherlands 6.4%, Spain 5.4%, Belize 4.7% (2015)
Venezuela 31.8%, China 17.6%, Spain 10%, Brazil 4.8% (2015)
2013 | 2014 | 2015 |
N/A | N/A | N/A |
2013 | 2014 | 2015 |
N/A | N/A | N/A |
2012 | 2013 | 2014 | 2015 |
N/A | N/A | N/A | N/A |
N/A
N/A
Ranking: 177 / Score: 29.79 (Repressed) (2017)
(100=totally free 0=totally repressed)
Nominally Roman Catholic 85%, Protestant, Jehovah's Witnesses, Jewish, Santeria
Note: prior to CASTRO assuming power
1980 | 1990 | 2000 | 2016* | 2021* |
N/A | N/A | N/A | N/A | N/A |
*Estimate
1960 | 1980 | 2000 | 2015 |
58% | 68% | 75% | 77% |
Total population: 99.8%
Male: 99.9%
Female: 99.8% (2015 est.)
(age 15 and over can read and write)
Political Rights: 7
Civil Liberties: 6 (2017)
(1 represents the most free, 7 the least free rating)
Fixed 11.52% Mobile 29.65% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)