Cuba GDP Growth Rate 1971-2024

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Cuba gdp growth rate for 2022 was 1.77%, a 0.52% increase from 2021.
  • Cuba gdp growth rate for 2021 was 1.25%, a 12.2% increase from 2020.
  • Cuba gdp growth rate for 2020 was -10.95%, a 10.79% decline from 2019.
  • Cuba gdp growth rate for 2019 was -0.16%, a 2.41% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Guyana 63.44%
Fiji 20.02%
St. Lucia 18.08%
Maldives 13.91%
Armenia 12.60%
Mauritius 8.88%
Belize 8.73%
Malaysia 8.65%
Iraq 7.64%
Grenada 7.32%
Colombia 7.29%
St. Vincent and the Grenadines 7.16%
Montenegro 6.41%
Turkmenistan 6.20%
Ecuador 6.19%
Dominica 5.58%
Turkey 5.53%
Botswana 5.49%
Namibia 5.35%
Jamaica 5.22%
Dominican Republic 4.86%
Albania 4.86%
Azerbaijan 4.71%
Costa Rica 4.55%
Bosnia 4.23%
Guatemala 4.12%
Romania 4.11%
Mexico 3.95%
Bulgaria 3.93%
Iran 3.78%
Equatorial Guinea 3.72%
Algeria 3.60%
Kazakhstan 3.20%
Brazil 3.02%
China 2.99%
Gabon 2.97%
Peru 2.73%
Serbia 2.55%
Thailand 2.46%
Suriname 2.43%
Jordan 2.43%
North Macedonia 2.22%
Nauru 2.16%
South Africa 1.91%
Cuba 1.77%
American Samoa 1.74%
Libya 1.34%
Tuvalu 0.68%
Paraguay 0.18%
Lebanon -0.62%
Marshall Islands -0.68%
Tonga -2.01%
Russia -2.07%
Belarus -4.66%
Samoa -5.31%
Cuba GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2022 1.77% 0.52%
2021 1.25% 12.20%
2020 -10.95% -10.79%
2019 -0.16% -2.41%
2018 2.25% 0.44%
2017 1.81% 1.30%
2016 0.51% -3.93%
2015 4.44% 3.39%
2014 1.05% -1.70%
2013 2.75% -0.27%
2012 3.01% 0.21%
2011 2.80% 0.41%
2010 2.39% 0.94%
2009 1.45% -2.67%
2008 4.12% -3.15%
2007 7.26% -4.80%
2006 12.07% 0.86%
2005 11.20% 5.43%
2004 5.77% 1.98%
2003 3.79% 2.37%
2002 1.42% -1.76%
2001 3.19% -2.73%
2000 5.91% -0.27%
1999 6.19% 6.03%
1998 0.16% -2.62%
1997 2.78% -5.06%
1996 7.84% 5.38%
1995 2.46% 1.74%
1994 0.72% 15.60%
1993 -14.88% -3.30%
1992 -11.58% -0.89%
1991 -10.69% -7.74%
1990 -2.95% -3.63%
1989 0.68% -3.03%
1988 3.71% 6.11%
1987 -2.40% -2.50%
1986 0.10% -1.50%
1985 1.60% -6.33%
1984 7.93% 2.52%
1983 5.41% -3.51%
1982 8.92% -10.77%
1981 19.69% 24.54%
1980 -4.85% -5.94%
1979 1.09% -5.51%
1978 6.60% -2.11%
1977 8.71% 3.28%
1976 5.43% -4.05%
1975 9.48% 8.49%
1974 0.98% -2.45%
1973 3.43% -1.39%
1972 4.83% -3.76%
1971 8.58% -3.76%