Cuba Gross Domestic Product: Share of GDP
CU: GDP: % of GDP: Exports of Goods and Services
CU: GDP: % of GDP: Exports of Goods and Services data was reported at 42.470 % in 2024. This records a decrease from the previous number of 45.627 % for 2023. CU: GDP: % of GDP: Exports of Goods and Services data is updated yearly, averaging 14.924 % from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 45.627 % in 2023 and a record low of 8.168 % in 2020. CU: GDP: % of GDP: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 42.470 2024 | yearly | 1970 - 2024 |
View Cuba's CU: GDP: % of GDP: Exports of Goods and Services from 1970 to 2024 in the chart:
CU: GDP: % of GDP: External Balance on Goods and Services
CU: GDP: % of GDP: External Balance on Goods and Services data was reported at -39.923 % in 2024. This records a decrease from the previous number of -29.280 % for 2023. CU: GDP: % of GDP: External Balance on Goods and Services data is updated yearly, averaging -2.906 % from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 5.156 % in 2012 and a record low of -39.923 % in 2024. CU: GDP: % of GDP: External Balance on Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| -39.923 2024 | yearly | 1970 - 2024 |
View Cuba's CU: GDP: % of GDP: External Balance on Goods and Services from 1970 to 2024 in the chart:
Cuba CU: GDP: % of GDP: Final Consumption Expenditure
CU: GDP: % of GDP: Final Consumption Expenditure data was reported at 87.931 % in 2015. This records an increase from the previous number of 87.495 % for 2014. CU: GDP: % of GDP: Final Consumption Expenditure data is updated yearly, averaging 86.893 % from Dec 1970 (Median) to 2015, with 46 observations. The data reached an all-time high of 96.133 % in 1993 and a record low of 82.504 % in 1985. CU: GDP: % of GDP: Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 87.93 2015 | yearly | 1970 - 2015 |
View Cuba's Cuba CU: GDP: % of GDP: Final Consumption Expenditure from 1970 to 2015 in the chart:
CU: GDP: % of GDP: Final Consumption Expenditure: General Government
CU: GDP: % of GDP: Final Consumption Expenditure: General Government data was reported at 24.824 % in 2024. This records a decrease from the previous number of 26.722 % for 2023. CU: GDP: % of GDP: Final Consumption Expenditure: General Government data is updated yearly, averaging 26.835 % from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 39.881 % in 2008 and a record low of 24.394 % in 1995. CU: GDP: % of GDP: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 24.824 2024 | yearly | 1970 - 2024 |
View Cuba's CU: GDP: % of GDP: Final Consumption Expenditure: General Government from 1970 to 2024 in the chart:
Cuba CU: GDP: % of GDP: Final Consumption Expenditure: Household
CU: GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 55.724 % in 2015. This records an increase from the previous number of 55.088 % for 2014. CU: GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 54.411 % from Dec 1970 (Median) to 2015, with 46 observations. The data reached an all-time high of 71.097 % in 1995 and a record low of 48.096 % in 2009. CU: GDP: % of GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 55.72 2015 | yearly | 1970 - 2015 |
View Cuba's Cuba CU: GDP: % of GDP: Final Consumption Expenditure: Household from 1970 to 2015 in the chart:
CU: GDP: % of GDP: Gross Capital Formation
CU: GDP: % of GDP: Gross Capital Formation data was reported at 24.214 % in 2024. This records an increase from the previous number of 21.419 % for 2023. CU: GDP: % of GDP: Gross Capital Formation data is updated yearly, averaging 14.954 % from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 28.763 % in 1985 and a record low of 5.242 % in 1994. CU: GDP: % of GDP: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 24.214 2024 | yearly | 1970 - 2024 |
View Cuba's CU: GDP: % of GDP: Gross Capital Formation from 1970 to 2024 in the chart:
CU: GDP: % of GDP: Gross Domestic Savings
CU: GDP: % of GDP: Gross Domestic Savings data was reported at -15.709 % in 2024. This records a decrease from the previous number of -7.862 % for 2023. CU: GDP: % of GDP: Gross Domestic Savings data is updated yearly, averaging 12.047 % from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 17.301 % in 1985 and a record low of -15.709 % in 2024. CU: GDP: % of GDP: Gross Domestic Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| -15.709 2024 | yearly | 1970 - 2024 |
View Cuba's CU: GDP: % of GDP: Gross Domestic Savings from 1970 to 2024 in the chart:
CU: GDP: % of GDP: Gross Fixed Capital Formation
CU: GDP: % of GDP: Gross Fixed Capital Formation data was reported at 12.756 % in 2024. This records a decrease from the previous number of 12.856 % for 2023. CU: GDP: % of GDP: Gross Fixed Capital Formation data is updated yearly, averaging 11.744 % from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 26.882 % in 1986 and a record low of 7.304 % in 2014. CU: GDP: % of GDP: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 12.756 2024 | yearly | 1970 - 2024 |
View Cuba's CU: GDP: % of GDP: Gross Fixed Capital Formation from 1970 to 2024 in the chart:
CU: GDP: % of GDP: Gross National Expenditure
CU: GDP: % of GDP: Gross National Expenditure data was reported at 139.923 % in 2024. This records an increase from the previous number of 129.280 % for 2023. CU: GDP: % of GDP: Gross National Expenditure data is updated yearly, averaging 102.907 % from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 139.923 % in 2024 and a record low of 94.844 % in 2012. CU: GDP: % of GDP: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 139.923 2024 | yearly | 1970 - 2024 |
View Cuba's CU: GDP: % of GDP: Gross National Expenditure from 1970 to 2024 in the chart:
CU: GDP: % of GDP: Gross Value Added: Agriculture
CU: GDP: % of GDP: Gross Value Added: Agriculture data was reported at 3.783 % in 2018. This records a decrease from the previous number of 3.801 % for 2017. CU: GDP: % of GDP: Gross Value Added: Agriculture data is updated yearly, averaging 7.900 % from Dec 1970 (Median) to 2018, with 49 observations. The data reached an all-time high of 13.041 % in 1990 and a record low of 3.405 % in 2006. CU: GDP: % of GDP: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 3.783 2018 | yearly | 1970 - 2018 |
View Cuba's CU: GDP: % of GDP: Gross Value Added: Agriculture from 1970 to 2018 in the chart:
CU: GDP: % of GDP: Gross Value Added: Industry
CU: GDP: % of GDP: Gross Value Added: Industry data was reported at 25.110 % in 2018. This records an increase from the previous number of 24.356 % for 2017. CU: GDP: % of GDP: Gross Value Added: Industry data is updated yearly, averaging 17.358 % from Dec 1970 (Median) to 2018, with 49 observations. The data reached an all-time high of 27.579 % in 1997 and a record low of 16.170 % in 1987. CU: GDP: % of GDP: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 25.117 2018 | yearly | 1970 - 2018 |
View Cuba's CU: GDP: % of GDP: Gross Value Added: Industry from 1970 to 2018 in the chart:
CU: GDP: % of GDP: Gross Value Added: Industry: Manufacturing
CU: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 10.677 % in 2024. This records a decrease from the previous number of 11.084 % for 2023. CU: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 18.311 % from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 18.311 % in 1997 and a record low of 7.135 % in 1990. CU: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical tranformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 10.677 2024 | yearly | 1970 - 2024 |
View Cuba's CU: GDP: % of GDP: Gross Value Added: Industry: Manufacturing from 1970 to 2024 in the chart:
Cuba CU: GDP: % of GDP: Gross Value Added: Services
CU: GDP: % of GDP: Gross Value Added: Services data was reported at 73.532 % in 2015. This records a decrease from the previous number of 73.640 % for 2014. CU: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 68.088 % from Dec 1970 (Median) to 2015, with 46 observations. The data reached an all-time high of 74.101 % in 2006 and a record low of 64.767 % in 1997. CU: GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. 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 industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 73.53 2015 | yearly | 1970 - 2015 |
View Cuba's Cuba CU: GDP: % of GDP: Gross Value Added: Services from 1970 to 2015 in the chart:
CU: GDP: % of GDP: Imports of Goods and Services
CU: GDP: % of GDP: Imports of Goods and Services data was reported at 82.393 % in 2024. This records an increase from the previous number of 74.907 % for 2023. CU: GDP: % of GDP: Imports of Goods and Services data is updated yearly, averaging 17.830 % from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 82.393 % in 2024 and a record low of 7.515 % in 2020. CU: GDP: % of GDP: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 82.393 2024 | yearly | 1970 - 2024 |
View Cuba's CU: GDP: % of GDP: Imports of Goods and Services from 1970 to 2024 in the chart:
CU: GDP: % of GDP: Trade
CU: GDP: % of GDP: Trade data was reported at 124.863 % in 2024. This records an increase from the previous number of 120.534 % for 2023. CU: GDP: % of GDP: Trade data is updated yearly, averaging 32.754 % from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 124.863 % in 2024 and a record low of 15.683 % in 2020. CU: GDP: % of GDP: Trade data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 124.863 2024 | yearly | 1970 - 2024 |
View Cuba's CU: GDP: % of GDP: Trade from 1970 to 2024 in the chart:
Cuba CU: GDP: % of Manufacturing: Medium and High Tech Industry
CU: GDP: % of Manufacturing: Medium and High Tech Industry data was reported at 16.223 % in 2018. This stayed constant from the previous number of 16.223 % for 2017. CU: GDP: % of Manufacturing: Medium and High Tech Industry data is updated yearly, averaging 16.223 % from Dec 1990 (Median) to 2018, with 29 observations. The data reached an all-time high of 16.223 % in 2018 and a record low of 16.223 % in 2007. CU: GDP: % of Manufacturing: Medium and High Tech Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. The proportion of medium and high-tech industry value added in total value added of manufacturing; ; United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database; ;
| Last | Frequency | Range |
|---|---|---|
| 16.223 2018 | yearly | 1990 - 2018 |