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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 #
64 Corruption rank#54
N/A Ease of doing business#
Cuba


Cuba Major Economic Indicators

Indicator Data Period
GDP Value 103 USD Billion 2019
GDP Annual Growth Rate 2.4 % 2021
GDP per capita 8027 USD 2019
Inflation Rate YoY 23.69 % 2022
Interest Rate 2.25 % May/22
Unemployment Rate 3.87 % 2020
Wages 1194 CUP/Month | 46.369 USD/Month 2020
Balance of Trade -5528 CUC Million | -5.528 B USD 2020
Current Account 1818 CUC Million | 1.818 B USD 2018


GDP Indicators

Indicator Data Period
GDP Value 103 USD Billion 2019
GDP Annual Growth Rate 2.4 % 2021
GDP per capita 8027 USD 2019
GDP Constant Prices 13224 CUC Million | 13.224 B USD 2021
GDP per capita PPP 21017 USD 2015


Budget Indicators

Indicator Data Period
Government Debt to GDP 18.4 % 2018
Government Budget Value -18975 CUC Million | -18.975 B USD 2020
Government Revenues 54645 CUC Million | 54.645 B USD 2020
Fiscal Expenditure  74257 CUC Million | 74.257 B USD 2020
Government Budget to GDP -17.7 % 2020
Military Expenditure 129 USD Million | 0.129 B USD 2018


Inflation Indicators

Indicator Data Period
GDP Deflator 212 Index Points 2020
Inflation Rate YoY 23.69 % 2022


Trade Indicators

Indicator Data Period
Current Account to GDP 0.2 % 2020
Balance of Trade -5528 CUC Million | -5.528 B USD 2020
Current Account 1818 CUC Million | 1.818 B USD 2018
Exports 1703 CUC Million | 1.703 B USD 2020
Imports 7230 CUC Million | 7.23 B USD 2020
Tourist Arrivals 993 Persons | 0.001 Million Persons May/20


Money Indicators

Indicator Data Period
Interest Rate 2.25 % May/22


Labor Indicators

Indicator Data Period
Unemployment Rate 3.87 % 2020
Wages 1194 CUP/Month | 46.369 USD/Month 2020
Wages in Manufacturing 1145 CUP/Month | 44.466 USD/Month 2020


Production Indicators

Indicator Data Period
Crude Oil Production 33 BBL/D/1K Feb/22
Industrial Production -12.7 % 2020
Steel Production 20 Thousand Tonnes Dec/20


Business Indicators

Indicator Data Period
Corruption Index 46 Index Points 2021
Corruption Rank 64 place 2021
Manufacturing Production -12.8 % 2020


Consumer Indicators

Indicator Data Period
Retail Sales YoY -14.7 % 2020