Trade openness in Cuba in 2024 — 124.86%. Ranked 39 in the world out of 172. Since 1970, the indicator has risen by 48.06 pp.
1970–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Cuba
| Year | % | Change, pp |
|---|---|---|
| 2024 | 124.86 | +4.33 pp |
| 2023 | 120.53 | +26.67 pp |
| 2022 | 93.86 | +13.84 pp |
| 2021 | 80.02 | +64.34 pp |
| 2020 | 15.68 | −7.14 pp |
| 2019 | 22.82 | −4.26 pp |
| 2018 | 27.08 | +0.86 pp |
| 2017 | 26.22 | −1.05 pp |
| 2016 | 27.27 | −4.34 pp |
| 2015 | 31.61 | −7.66 pp |
| 2014 | 39.27 | −5.05 pp |
| 2013 | 44.32 | −1.54 pp |
| 2012 | 45.87 | −1.09 pp |
| 2011 | 46.96 | +6.67 pp |
| 2010 | 40.29 | +7.38 pp |
| 2009 | 32.91 | −12 pp |
| 2008 | 44.92 | +6.95 pp |
| 2007 | 37.97 | +0.78 pp |
| 2006 | 37.19 | −2.17 pp |
| 2005 | 39.36 | +8.05 pp |
| 2004 | 31.31 | +4.72 pp |
| 2003 | 26.59 | +1.86 pp |
| 2002 | 24.73 | −4.63 pp |
| 2001 | 29.36 | −1.71 pp |
| 2000 | 31.08 | −0.79 pp |
| 1999 | 31.87 | −0.64 pp |
| 1998 | 32.5 | −0.25 pp |
| 1997 | 32.75 | +0.13 pp |
| 1996 | 32.63 | +3.32 pp |
| 1995 | 29.31 | +1.53 pp |
| 1994 | 27.78 | −1.14 pp |
| 1993 | 28.92 | −6.23 pp |
| 1992 | 35.15 | −15.85 pp |
| 1991 | 51 | −20.12 pp |
| 1990 | 71.11 | −4.81 pp |
| 1989 | 75.93 | +0.79 pp |
| 1988 | 75.14 | −1.68 pp |
| 1987 | 76.82 | +1.31 pp |
| 1986 | 75.51 | −3.17 pp |
| 1985 | 78.68 | +2.26 pp |
| 1984 | 76.41 | −0.1 pp |
| 1983 | 76.51 | −0.27 pp |
| 1982 | 76.79 | +0.01 pp |
| 1981 | 76.78 | −0.25 pp |
| 1980 | 77.03 | +0.33 pp |
| 1979 | 76.71 | −0.06 pp |
| 1978 | 76.76 | −0.05 pp |
| 1977 | 76.81 | −0.01 pp |
| 1976 | 76.82 | −0.01 pp |
| 1975 | 76.83 | +0.04 pp |
| 1974 | 76.79 | −0.02 pp |
| 1973 | 76.8 | −0.01 pp |
| 1972 | 76.81 | +0 pp |
| 1971 | 76.81 | +0 pp |
| 1970 | 76.81 | — |
The same indicator for neighboring countries — with links to their pages
The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.
Source: World Development Indicators (World Bank), license CC BY 4.0.
Merchandise exports plus imports as a percent of GDP — without services.
Trade Exports (% of GDP)How far the economy is oriented toward external markets.
Trade Imports (% of GDP)How far the economy depends on supplies from abroad.
Trade Trade balanceThe difference between exports and imports of goods and services. A minus means imports are larger.
