Economy of Cuba. Statistics, Data and Indicators
Cuba
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 65 | Corruption rank#54 |
| N/A | Ease of doing business# |
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 |
