Cuba GDP Growth Rate 1971-2023

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 2021 was 1.25%, a 12.2% increase from 2020.
  • Cuba gdp growth rate for 2020 was -10.95%, a 10.78% decline from 2019.
  • Cuba gdp growth rate for 2019 was -0.16%, a 2.41% decline from 2018.
  • Cuba gdp growth rate for 2018 was 2.25%, a 0.44% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Maldives 41.75%
Libya 31.37%
Guyana 20.06%
Belize 15.23%
Peru 13.35%
Montenegro 12.43%
Dominican Republic 12.27%
St. Lucia 12.23%
Botswana 11.37%
Turkey 11.35%
Colombia 10.68%
Albania 8.52%
China 8.11%
Guatemala 7.98%
Bulgaria 7.63%
Costa Rica 7.58%
Serbia 7.55%
Bosnia 7.55%
Dominica 6.68%
Armenia 5.70%
Azerbaijan 5.60%
Romania 5.10%
South Africa 4.91%
Russia 4.75%
Mexico 4.72%
Iran 4.72%
Grenada 4.69%
Brazil 4.62%
Jamaica 4.60%
Kazakhstan 4.30%
Ecuador 4.24%
Paraguay 4.10%
North Macedonia 3.96%
Mauritius 3.70%
Algeria 3.50%
Malaysia 3.09%
Tuvalu 2.99%
Iraq 2.78%
Namibia 2.66%
Belarus 2.30%
Jordan 2.23%
Thailand 1.53%
Nauru 1.50%
Gabon 1.46%
St. Vincent and the Grenadines 1.35%
Cuba 1.25%
Marshall Islands 1.11%
Equatorial Guinea -0.95%
American Samoa -1.87%
Tonga -2.67%
Suriname -2.73%
Fiji -5.11%
Lebanon -7.00%
Samoa -7.08%
Cuba GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2021 1.25% 12.20%
2020 -10.95% -10.78%
2019 -0.16% -2.41%
2018 2.25% 0.44%
2017 1.81% 1.30%
2016 0.51% -3.92%
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%