Cuba Consumer Spending 1970-2024

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. Data are in current U.S. dollars.
  • Cuba consumer spending for was $0.00B, a NAN% decline from .
  • Cuba consumer spending for was $0.00B, a 100% decline from 2020.
  • Cuba consumer spending for 2020 was $54.35B, a 3.88% decline from 2019.
  • Cuba consumer spending for 2019 was $56.54B, a 0.99% increase from 2018.
Data Source: World Bank

MLA Citation:
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Country Name Billions of US $
Cuba Consumer Spending - Historical Data
Year Spending Per Capita Growth Rate
$B $4,217 2.06%
$B $4,115 -2.66%
2020 $54.35B $4,211 -8.69%
2019 $56.54B $4,605 -0.86%
2018 $55.99B $4,640 2.24%
2017 $54.22B $4,535 1.68%
2016 $51.03B $4,458 4.14%
2015 $48.55B $4,282 7.35%
2014 $44.43B $3,991 4.58%
2013 $41.88B $3,820 5.16%
2012 $39.76B $3,636 3.25%
2011 $36.47B $3,525 1.40%
2010 $29.97B $3,479 7.85%
2009 $27.65B $3,228 0.90%
2008 $27.62B $3,201 -1.77%
2007 $28.06B $3,260 1.52%
2006 $27.25B $3,214 18.71%
2005 $22.56B $2,711 0.38%
2004 $21.01B $2,706 1.54%
2003 $20.98B $2,671 6.20%
2002 $19.61B $2,522 2.13%
2001 $19.18B $2,476 3.82%
2000 $18.56B $2,392 2.09%
1999 $17.59B $2,350 5.11%
1998 $16.25B $2,243 1.88%
1997 $15.50B $2,209 2.31%
1996 $14.90B $2,166 3.92%
1995 $21.46B $2,091 1.47%
1994 $19.33B $2,069 5.66%
1993 $13.85B $1,966 -11.32%
1992 $13.48B $2,229 -17.85%
1991 $14.44B $2,731 -10.24%
1990 $15.44B $3,067 -6.58%
1989 $15.24B $3,315 1.58%
1988 $15.27B $3,295 2.29%
1987 $14.36B $3,252 1.94%
1986 $13.47B $3,218 0.97%
1985 $11.82B $3,215 -1.36%
1984 $13.28B $3,286 8.32%
1983 $12.21B $3,058 5.68%
1982 $11.50B $2,916 9.56%
1981 $10.97B $2,678 19.48%
1980 $10.80B $2,251 -5.21%
1979 $10.72B $2,383 1.22%
1978 $9.75B $2,365 6.68%
1977 $7.76B $2,230 8.76%
1976 $7.52B $2,066 5.36%
1975 $7.11B $1,978 9.44%
1974 $6.23B $1,827 1.02%
1973 $5.45B $1,831 3.45%
1972 $4.44B $1,795 4.83%
1971 $3.77B $1,740 8.57%
1970 $3.11B $1,630 %