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Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — Cuba

Household consumption (% of GDP) in Cuba in 2024 — 90.9%. Ranked 12 in the world out of 168. Since 1970, the indicator has risen by 36.3 pp.

2024 90.9% +9.7 pp vs 2023
World rank 12of 168
Period maximum 90.9%2024
Period minimum 48.1%2009

Trend over time

1970–2024 · % of GDP

Household consumption (% of GDP) — Cuba, 1970–202440608010019701976198219881994200020062012201820241970: 54.6%1971: 54.6%1972: 54.6%1973: 54.6%1974: 54.6%1975: 54.6%1976: 54.5%1977: 54.6%1978: 54.7%1979: 54.8%1980: 54.2%1981: 54.5%1982: 54.9%1983: 55%1984: 55.2%1985: 51.6%1986: 55.6%1987: 56.9%1988: 55.6%1989: 56.4%1990: 53.9%1991: 59.4%1992: 61.1%1993: 61.9%1994: 68%1995: 70.5%1996: 59.5%1997: 61.1%1998: 63.1%1999: 62%2000: 60.7%2001: 60.5%2002: 58.4%2003: 58.4%2004: 55%2005: 52.9%2006: 55.8%2007: 51.7%2008: 49.1%2009: 48.1%2010: 50.3%2011: 52.9%2012: 54.4%2013: 54.3%2014: 55.1%2015: 55.7%2016: 55.8%2017: 56%2018: 56%2019: 54.7%2020: 50.6%2021: 52.6%2022: 61.9%2023: 81.1%2024: 90.9%
Change over the period: +36.3 pp Annual average: 0.67 pp

Comparison, 2024

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

Cuba 90.9%
World 56.6%
Latin America & Caribbean 68.7%
Upper-middle-income countries computed 48.2%
Household consumption (% of GDP) — Cuba, by year Cuba All countries CSV XLSX
Year % Change, pp
2024 90.9 +9.7 pp
2023 81.1 +19.2 pp
2022 61.9 +9.3 pp
2021 52.6 +2 pp
2020 50.6 −4 pp
2019 54.7 −1.3 pp
2018 56 −0 pp
2017 56 +0.1 pp
2016 55.8 +0.1 pp
2015 55.7 +0.6 pp
2014 55.1 +0.8 pp
2013 54.3 −0.1 pp
2012 54.4 +1.5 pp
2011 52.9 +2.5 pp
2010 50.3 +2.2 pp
2009 48.1 −1 pp
2008 49.1 −2.6 pp
2007 51.7 −4.1 pp
2006 55.8 +2.9 pp
2005 52.9 −2.1 pp
2004 55 −3.5 pp
2003 58.4 +0.1 pp
2002 58.4 −2.2 pp
2001 60.5 −0.2 pp
2000 60.7 −1.3 pp
1999 62 −1.1 pp
1998 63.1 +2 pp
1997 61.1 +1.6 pp
1996 59.5 −11 pp
1995 70.5 +2.6 pp
1994 68 +6 pp
1993 61.9 +0.9 pp
1992 61.1 +1.7 pp
1991 59.4 +5.5 pp
1990 53.9 −2.5 pp
1989 56.4 +0.8 pp
1988 55.6 −1.3 pp
1987 56.9 +1.3 pp
1986 55.6 +4 pp
1985 51.6 −3.6 pp
1984 55.2 +0.2 pp
1983 55 +0.1 pp
1982 54.9 +0.4 pp
1981 54.5 +0.2 pp
1980 54.2 −0.5 pp
1979 54.8 +0.1 pp
1978 54.7 +0.1 pp
1977 54.6 +0.1 pp
1976 54.5 −0 pp
1975 54.6 −0.1 pp
1974 54.6 +0 pp
1973 54.6 +0 pp
1972 54.6 +0 pp
1971 54.6 −0 pp
1970 54.6 —

Caribbean, 2024

The same indicator for neighboring countries — with links to their pages

HT Haiti 96.2 CU Cuba 90.9 PR Puerto Rico 77.1 DO Dominican Republic 67.7 BS Bahamas 64.3 AW Aruba 49.1
Full table for all countries

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

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

Other indicators for Cuba

Economy Household consumption

How much money the residents of a country spend in a year on goods and services for themselves.

Cuba by year Economy Gross capital formation (% of GDP)

Investment in fixed assets and inventories as a percent of GDP — the base of future growth.

Cuba by year Economy Government consumption (% of GDP)

The share of GDP taken by government final consumption spending.

Cuba by year Economy GDP

Gross domestic product in current US dollars — the size of a country's economy.

Cuba by year Economy GDP per capita

GDP divided by the population, in current US dollars.

Cuba by year Economy GDP growth

The annual growth rate of GDP in constant prices — with inflation stripped out.

Cuba by year
All indicators for Cuba