GDP — all countries

GDP — Cuba

GDP in Cuba in 2020 — 107,352,000,000 US$. Ranked 61 in the world out of 210. Since 1970, the indicator has risen by 1,785.7%.

2020 107B US$ +3.79% vs 2019
World rank 61of 210
Period maximum 107B US$2020
Period minimum 5.69B US$1970

Trend over time

1970–2020 · US$

GDP — Cuba, 1970–2020050B100B150B197019751980198519901995200020052010201520201970: 5,693,005,200 US$1971: 6,914,658,400 US$1972: 8,135,150,892 US$1973: 9,987,709,650 US$1974: 11,405,957,317 US$1975: 13,027,415,244 US$1976: 13,789,579,903 US$1977: 14,206,158,675 US$1978: 17,844,705,325 US$1979: 19,584,443,288 US$1980: 19,912,889,861 US$1981: 20,150,254,096 US$1982: 20,953,510,235 US$1983: 22,204,940,512 US$1984: 24,039,383,608 US$1985: 22,920,490,774 US$1986: 24,226,574,634 US$1987: 25,213,935,012 US$1988: 27,458,999,472 US$1989: 27,023,468,666 US$1990: 28,645,436,569 US$1991: 24,316,556,026 US$1992: 22,085,858,243 US$1993: 22,367,254,865 US$1994: 28,448,326,757 US$1995: 30,429,803,651 US$1996: 25,017,368,700 US$1997: 25,365,908,100 US$1998: 25,736,331,200 US$1999: 28,364,615,200 US$2000: 30,565,400,000 US$2001: 31,682,400,000 US$2002: 33,590,500,000 US$2003: 35,901,200,000 US$2004: 38,203,000,000 US$2005: 42,643,836,100 US$2006: 48,835,925,926 US$2007: 54,262,870,370 US$2008: 56,302,129,630 US$2009: 57,481,481,481 US$2010: 59,562,962,963 US$2011: 68,990,000,000 US$2012: 73,141,000,000 US$2013: 77,148,000,000 US$2014: 80,656,100,000 US$2015: 87,132,800,000 US$2016: 91,370,407,900 US$2017: 96,850,649,700 US$2018: 100,050,036,100 US$2019: 103,427,600,000 US$2020: 107,352,000,000 US$
Change over the period: +102B (+1,785.68%) Average annual rate: 6.05 %

Comparison, 2020

How the value compares with the world and the groups this territory belongs to: Cuba

Cuba 107B US$
World 86.39T US$
Caribbean computed 378B US$
Upper-middle-income countries computed 22.89T US$
GDP — Cuba, by year Cuba All countries CSV XLSX
Year US$ Change Change, %
2020 107B +3.92B +3.79%
2019 103B +3.38B +3.38%
2018 100B +3.2B +3.3%
2017 96.85B +5.48B +6%
2016 91.37B +4.24B +4.86%
2015 87.13B +6.48B +8.03%
2014 80.66B +3.51B +4.55%
2013 77.15B +4.01B +5.48%
2012 73.14B +4.15B +6.02%
2011 68.99B +9.43B +15.83%
2010 59.56B +2.08B +3.62%
2009 57.48B +1.18B +2.09%
2008 56.3B +2.04B +3.76%
2007 54.26B +5.43B +11.11%
2006 48.84B +6.19B +14.52%
2005 42.64B +4.44B +11.62%
2004 38.2B +2.3B +6.41%
2003 35.9B +2.31B +6.88%
2002 33.59B +1.91B +6.02%
2001 31.68B +1.12B +3.65%
2000 30.57B +2.2B +7.76%
1999 28.36B +2.63B +10.21%
1998 25.74B +370M +1.46%
1997 25.37B +349M +1.39%
1996 25.02B −5.41B −17.79%
1995 30.43B +1.98B +6.97%
1994 28.45B +6.08B +27.19%
1993 22.37B +281M +1.27%
1992 22.09B −2.23B −9.17%
1991 24.32B −4.33B −15.11%
1990 28.65B +1.62B +6%
1989 27.02B −436M −1.59%
1988 27.46B +2.25B +8.9%
1987 25.21B +987M +4.08%
1986 24.23B +1.31B +5.7%
1985 22.92B −1.12B −4.65%
1984 24.04B +1.83B +8.26%
1983 22.2B +1.25B +5.97%
1982 20.95B +803M +3.99%
1981 20.15B +237M +1.19%
1980 19.91B +328M +1.68%
1979 19.58B +1.74B +9.75%
1978 17.84B +3.64B +25.61%
1977 14.21B +417M +3.02%
1976 13.79B +762M +5.85%
1975 13.03B +1.62B +14.22%
1974 11.41B +1.42B +14.2%
1973 9.99B +1.85B +22.77%
1972 8.14B +1.22B +17.65%
1971 6.91B +1.22B +21.46%
1970 5.69B

About the indicator

Gross domestic product is the sum of gross value added by all resident producers, plus taxes on products and minus subsidies, in current prices and converted into US dollars at the official exchange rate. GDP in current dollars is convenient for comparing the size of economies in a given year, but it is poorly suited to trends over time: it is moved both by inflation and by exchange rate swings.

Important: For comparing trends over time there is GDP growth in constant prices, and for comparing living standards, GDP per capita at PPP.

Source: World Development Indicators (World Bank), license CC BY 4.0.