GDP deflator — all countries

GDP deflator — Cuba

GDP deflator in Cuba in 2024 — 32.22%. Ranked 193 in the world out of 200. Since 1971, the indicator has risen by 20.36 pp.

2024 32.22% −1.34 pp vs 2023
World rank 193of 200
Period maximum 401.59%2021
Period minimum -7.39%1991

Trend over time

1971–2024 · % per year

GDP deflator — Cuba, 1971–2024-200020040060019711977198319891995200120072013201920241971: 11.86%1972: 6.96%1973: 3.25%1974: 11.86%1975: 4.33%1976: 0.52%1977: -4.19%1978: 9.32%1979: 2.93%1980: 5.4%1981: -2.54%1982: -2.23%1983: 1.6%1984: 2.58%1985: -2.16%1986: -3.91%1987: 0.61%1988: 1.23%1989: 0.62%1990: 5.26%1991: -7.39%1992: 3.75%1993: 18.98%1994: 26.28%1995: 10.51%1996: -2.67%1997: -1.35%1998: 1.3%1999: 3.79%2000: 1.74%2001: 0.45%2002: 4.53%2003: 2.97%2004: 0.61%2005: 0.38%2006: 10.37%2007: 3.59%2008: -0.34%2009: 0.63%2010: 1.2%2011: 4.32%2012: 2.91%2013: 2.66%2014: 3.46%2015: 3.44%2016: 4.33%2017: 4.11%2018: 1.03%2019: 3.54%2020: 16.56%2021: 401.59%2022: 14.09%2023: 33.56%2024: 32.22%
Change over the period: +20.36 pp Annual average: 0.38 pp

Comparison, 2024

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

Cuba 32.22%
World 4.09%
Caribbean computed 4.38%
GDP deflator — Cuba, by year Cuba All countries CSV XLSX
Year % Change, pp
2024 32.22 −1.34 pp
2023 33.56 +19.46 pp
2022 14.09 −387.49 pp
2021 401.59 +385.03 pp
2020 16.56 +13.01 pp
2019 3.54 +2.51 pp
2018 1.03 −3.08 pp
2017 4.11 −0.21 pp
2016 4.33 +0.89 pp
2015 3.44 −0.02 pp
2014 3.46 +0.81 pp
2013 2.66 −0.26 pp
2012 2.91 −1.41 pp
2011 4.32 +3.12 pp
2010 1.2 +0.57 pp
2009 0.63 +0.98 pp
2008 -0.34 −3.93 pp
2007 3.59 −6.78 pp
2006 10.37 +9.99 pp
2005 0.38 −0.23 pp
2004 0.61 −2.37 pp
2003 2.97 −1.56 pp
2002 4.53 +4.08 pp
2001 0.45 −1.29 pp
2000 1.74 −2.05 pp
1999 3.79 +2.49 pp
1998 1.3 +2.65 pp
1997 -1.35 +1.32 pp
1996 -2.67 −13.18 pp
1995 10.51 −15.77 pp
1994 26.28 +7.31 pp
1993 18.98 +15.23 pp
1992 3.75 +11.13 pp
1991 -7.39 −12.65 pp
1990 5.26 +4.64 pp
1989 0.62 −0.61 pp
1988 1.23 +0.62 pp
1987 0.61 +4.52 pp
1986 -3.91 −1.76 pp
1985 -2.16 −4.74 pp
1984 2.58 +0.99 pp
1983 1.6 +3.82 pp
1982 -2.23 +0.31 pp
1981 -2.54 −7.93 pp
1980 5.4 +2.47 pp
1979 2.93 −6.39 pp
1978 9.32 +13.52 pp
1977 -4.19 −4.72 pp
1976 0.52 −3.81 pp
1975 4.33 −7.53 pp
1974 11.86 +8.61 pp
1973 3.25 −3.71 pp
1972 6.96 −4.9 pp
1971 11.86

About the indicator

The annual change in the GDP deflator — the ratio of GDP in current prices to GDP in constant prices. Unlike the consumer price index it covers the prices of all final goods and services, including investment and export goods, but not imported ones. For commodity exporters the GDP deflator can diverge sharply from consumer inflation, following world prices.

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