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Economy of Cuba. Statistics, Data and Indicators

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Cuba
N/AN/A Credit rank #
N/A Quality of life #
65 Corruption rank#54
N/A Ease of doing business#
Cuba


Cuba Major Economic Indicators

Indicator Data Period
GDP Value 545 USD Billion 2021
GDP Annual Growth Rate 1.7 % 2022
GDP per capita 7291 USD 2021
Inflation Rate YoY 41.77 % 2023
Interest Rate 2.25 % Aug/23
Unemployment Rate 2.8 % 2021
Wages 3830 CUP/Month | 148.738 USD/Month 2021
Balance of Trade -6465 CUC Million | -6.465 B USD 2021
Current Account 2016 CUC Million | 2.016 B USD 2019


GDP Indicators

Indicator Data Period
GDP Value 545 USD Billion 2021
GDP Annual Growth Rate 1.7 % 2022
GDP per capita 7291 USD 2021
GDP Constant Prices 12379 CUC Million | 12.379 B USD 2022
GDP per capita PPP 21017 USD 2015


Budget Indicators

Indicator Data Period
Government Debt to GDP 119 % 2022
Government Budget Value -63697 CUC Million | -63.697 B USD 2021
Government Revenues 256138 CUC Million | 256.138 B USD 2021
Fiscal Expenditure  320502 CUC Million | 320.502 B USD 2021
Government Budget to GDP -11.7 % 2021
Military Expenditure 129 USD Million | 0.129 B USD 2018


Inflation Indicators

Indicator Data Period
GDP Deflator 1062 Index Points 2021
Inflation Rate YoY 41.77 % 2023


Trade Indicators

Indicator Data Period
Current Account to GDP 0.9 % 2020
Balance of Trade -6465 CUC Million | -6.465 B USD 2021
Current Account 2016 CUC Million | 2.016 B USD 2019
Exports 1966 CUC Million | 1.966 B USD 2021
Imports 8431 CUC Million | 8.431 B USD 2021
Tourist Arrivals 993 Persons | 0.001 Million Persons May/20


Money Indicators

Indicator Data Period
Interest Rate 2.25 % Aug/23


Labor Indicators

Indicator Data Period
Unemployment Rate 2.8 % 2021
Wages 3830 CUP/Month | 148.738 USD/Month 2021
Wages in Manufacturing 3728 CUP/Month | 144.777 USD/Month 2021


Production Indicators

Indicator Data Period
Crude Oil Production 31 BBL/D/1K May/23
Industrial Production 1.9 % 2021
Steel Production 20 Thousand Tonnes Dec/20


Business Indicators

Indicator Data Period
Corruption Index 45 Index Points 2022
Corruption Rank 65 place 2022
Manufacturing Production -2.3 % 2021


Consumer Indicators

Indicator Data Period
Retail Sales YoY 434 % 2021