Household consumption — all countries

Household consumption — Cuba

Household consumption in Cuba in 2020 — 54,345,000,000 US$. Ranked 64 in the world out of 178. Since 1970, the indicator has risen by 1,648.6%.

2020 54.35B US$ −3.88% vs 2019
World rank 64of 178
Period maximum 56.54B US$2019
Period minimum 3.11B US$1970

Trend over time

1970–2020 · US$

Household consumption — Cuba, 1970–2020020B40B60B197019751980198519901995200020052010201520201970: 3,107,849,900 US$1971: 3,774,218,800 US$1972: 4,440,618,048 US$1973: 5,453,185,525 US$1974: 6,230,604,878 US$1975: 7,107,769,512 US$1976: 7,521,366,870 US$1977: 7,756,427,470 US$1978: 9,754,973,766 US$1979: 10,724,539,589 US$1980: 10,798,984,861 US$1981: 10,974,353,855 US$1982: 11,498,254,941 US$1983: 12,212,789,290 US$1984: 13,277,762,891 US$1985: 11,823,365,215 US$1986: 13,474,821,694 US$1987: 14,356,164,823 US$1988: 15,274,497,098 US$1989: 15,240,865,949 US$1990: 15,440,258,910 US$1991: 14,442,730,176 US$1992: 13,484,219,189 US$1993: 13,854,524,730 US$1994: 19,333,090,676 US$1995: 21,455,873,739 US$1996: 14,897,000,000 US$1997: 15,503,100,000 US$1998: 16,245,600,000 US$1999: 17,589,500,000 US$2000: 18,558,100,000 US$2001: 19,180,000,000 US$2002: 19,608,200,000 US$2003: 20,982,900,000 US$2004: 21,006,900,000 US$2005: 22,559,500,000 US$2006: 27,249,907,407 US$2007: 28,055,000,000 US$2008: 27,619,907,407 US$2009: 27,646,296,296 US$2010: 29,971,296,296 US$2011: 36,469,000,000 US$2012: 39,755,000,000 US$2013: 41,878,000,000 US$2014: 44,432,000,000 US$2015: 48,553,900,000 US$2016: 51,028,700,000 US$2017: 54,221,100,000 US$2018: 55,987,000,000 US$2019: 56,540,000,000 US$2020: 54,345,000,000 US$
Change over the period: +51.24B (+1,648.64%) Average annual rate: 5.89 %

Comparison, 2020

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

Cuba 54.35B US$
World 47.79T US$
Upper-middle-income countries computed 10.51T US$
Household consumption — Cuba, by year Cuba All countries CSV XLSX
Year US$ Change Change, %
2020 54.35B −2.2B −3.88%
2019 56.54B +553M +0.99%
2018 55.99B +1.77B +3.26%
2017 54.22B +3.19B +6.26%
2016 51.03B +2.47B +5.1%
2015 48.55B +4.12B +9.28%
2014 44.43B +2.55B +6.1%
2013 41.88B +2.12B +5.34%
2012 39.76B +3.29B +9.01%
2011 36.47B +6.5B +21.68%
2010 29.97B +2.33B +8.41%
2009 27.65B +26.39M +0.1%
2008 27.62B −435M −1.55%
2007 28.06B +805M +2.95%
2006 27.25B +4.69B +20.79%
2005 22.56B +1.55B +7.39%
2004 21.01B +24M +0.11%
2003 20.98B +1.37B +7.01%
2002 19.61B +428M +2.23%
2001 19.18B +622M +3.35%
2000 18.56B +969M +5.51%
1999 17.59B +1.34B +8.27%
1998 16.25B +743M +4.79%
1997 15.5B +606M +4.07%
1996 14.9B −6.56B −30.57%
1995 21.46B +2.12B +10.98%
1994 19.33B +5.48B +39.54%
1993 13.85B +370M +2.75%
1992 13.48B −959M −6.64%
1991 14.44B −998M −6.46%
1990 15.44B +199M +1.31%
1989 15.24B −33.63M −0.22%
1988 15.27B +918M +6.4%
1987 14.36B +881M +6.54%
1986 13.47B +1.65B +13.97%
1985 11.82B −1.45B −10.95%
1984 13.28B +1.06B +8.72%
1983 12.21B +715M +6.21%
1982 11.5B +524M +4.77%
1981 10.97B +175M +1.62%
1980 10.8B +74.45M +0.69%
1979 10.72B +970M +9.94%
1978 9.75B +2B +25.77%
1977 7.76B +235M +3.13%
1976 7.52B +414M +5.82%
1975 7.11B +877M +14.08%
1974 6.23B +777M +14.26%
1973 5.45B +1.01B +22.8%
1972 4.44B +666M +17.66%
1971 3.77B +666M +21.44%
1970 3.11B

About the indicator

Household final consumption expenditure in current US dollars — everything people buy for themselves, from food and housing to services. This is the largest part of GDP in almost any country, usually between half and three quarters, and in absolute terms it sets the size of the consumer market. For gauging the capacity of a market the indicator is more useful than GDP: it includes neither government spending nor investment nor exports.

Important: It includes the imputed value of living in owner-occupied housing and other imputed services — computed quantities that statistical offices estimate unevenly.

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