Industry value added — all countries

Industry value added — Cuba

Industry value added in Cuba in 2020 — 24,711,000,000 US$. Ranked 63 in the world out of 201. Since 1970, the indicator has risen by 2,463%.

2020 24.71B US$ −2.68% vs 2019
World rank 63of 201
Period maximum 25.39B US$2019
Period minimum 964M US$1970

Trend over time

1970–2020 · US$

Industry value added — Cuba, 1970–2020010B20B30B197019751980198519901995200020052010201520201970: 964,146,100 US$1971: 1,171,202,400 US$1972: 1,377,926,863 US$1973: 1,691,435,103 US$1974: 1,931,205,366 US$1975: 2,206,259,756 US$1976: 2,337,286,114 US$1977: 2,406,211,928 US$1978: 3,019,556,234 US$1979: 3,312,409,589 US$1980: 3,376,296,806 US$1981: 3,429,644,819 US$1982: 3,536,654,941 US$1983: 3,739,036,787 US$1984: 4,056,486,739 US$1985: 3,934,218,364 US$1986: 4,202,212,023 US$1987: 4,077,017,805 US$1988: 4,569,085,752 US$1989: 4,608,101,628 US$1990: 4,972,161,569 US$1991: 4,138,048,997 US$1992: 3,713,363,649 US$1993: 3,644,444,189 US$1994: 4,811,917,568 US$1995: 5,465,476,446 US$1996: 6,676,000,000 US$1997: 6,995,700,000 US$1998: 6,670,600,000 US$1999: 7,202,700,000 US$2000: 7,804,900,000 US$2001: 7,877,000,000 US$2002: 7,961,400,000 US$2003: 8,079,900,000 US$2004: 8,419,800,000 US$2005: 9,179,866,100 US$2006: 10,843,888,889 US$2007: 12,223,796,296 US$2008: 12,604,074,074 US$2009: 12,993,518,519 US$2010: 13,636,111,111 US$2011: 15,356,000,000 US$2012: 17,091,000,000 US$2013: 17,860,000,000 US$2014: 17,867,000,000 US$2015: 19,477,500,000 US$2016: 20,962,931,100 US$2017: 23,589,549,700 US$2018: 24,890,354,400 US$2019: 25,391,000,000 US$2020: 24,711,000,000 US$
Change over the period: +23.75B (+2,462.99%) Average annual rate: 6.7 %

Comparison, 2020

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

Cuba 24.71B US$
World 22.39T US$
Caribbean computed 116B US$
Upper-middle-income countries computed 7.78T US$
Industry value added — Cuba, by year Cuba All countries CSV XLSX
Year US$ Change Change, %
2020 24.71B −680M −2.68%
2019 25.39B +501M +2.01%
2018 24.89B +1.3B +5.51%
2017 23.59B +2.63B +12.53%
2016 20.96B +1.49B +7.63%
2015 19.48B +1.61B +9.01%
2014 17.87B +7M +0.04%
2013 17.86B +769M +4.5%
2012 17.09B +1.74B +11.3%
2011 15.36B +1.72B +12.61%
2010 13.64B +643M +4.95%
2009 12.99B +389M +3.09%
2008 12.6B +380M +3.11%
2007 12.22B +1.38B +12.73%
2006 10.84B +1.66B +18.13%
2005 9.18B +760M +9.03%
2004 8.42B +340M +4.21%
2003 8.08B +119M +1.49%
2002 7.96B +84.4M +1.07%
2001 7.88B +72.1M +0.92%
2000 7.8B +602M +8.36%
1999 7.2B +532M +7.98%
1998 6.67B −325M −4.65%
1997 7B +320M +4.79%
1996 6.68B +1.21B +22.15%
1995 5.47B +654M +13.58%
1994 4.81B +1.17B +32.03%
1993 3.64B −68.92M −1.86%
1992 3.71B −425M −10.26%
1991 4.14B −834M −16.78%
1990 4.97B +364M +7.9%
1989 4.61B +39.02M +0.85%
1988 4.57B +492M +12.07%
1987 4.08B −125M −2.98%
1986 4.2B +268M +6.81%
1985 3.93B −122M −3.01%
1984 4.06B +317M +8.49%
1983 3.74B +202M +5.72%
1982 3.54B +107M +3.12%
1981 3.43B +53.35M +1.58%
1980 3.38B +63.89M +1.93%
1979 3.31B +293M +9.7%
1978 3.02B +613M +25.49%
1977 2.41B +68.93M +2.95%
1976 2.34B +131M +5.94%
1975 2.21B +275M +14.24%
1974 1.93B +240M +14.18%
1973 1.69B +314M +22.75%
1972 1.38B +207M +17.65%
1971 1.17B +207M +21.48%
1970 964M

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

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