Cuba GDP Growth

GDP Growth Rate

Year -

-1.93%

In 2023, Cuba experienced a significant a decrease in its GDP growth rate, which fall to -1.93% from 1.78% in 2022. Additionally, the GDP per capita growth rate in Cuba decrease to -1.57% in 2023, compared to 2.35% in 2022.

Cuba GDP Growth

In 2023, Cuba experienced a decrease in economic performance, with the GDP growth rate falling by 3.71%. Additionally, the GDP per capita growth rate decrease by 3.92%.

Cuba Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

Cuba Annual GDP Growth
Year GDP Growth Net Chg GDP Capita Growth Net Chg
1961----
1962----
1963----
1964----
1965----
1966----
1967----
1968----
1969----
1970----
19718.58-6.71-
19724.83%-3.75%3.16%-3.55%
19733.43%-1.40%1.97%-1.19%
19740.98%-2.45%-0.3%-2.27%
19759.48%8.50%8.26%8.56%
19765.43%-4.05%4.42%-3.84%
19778.71%3.28%7.84%3.42%
19786.6%-2.11%5.9%-1.94%
19791.09%-5.51%0.56%-5.34%
1980-4.85%-5.94%-5.25%-5.81%
198119.69%24.54%19.15%24.40%
19828.92%-10.77%8.22%-10.93%
19835.41%-3.51%4.58%-3.64%
19847.93%2.52%7.05%2.47%
19851.6%-6.33%0.76%-6.29%
19860.1%-1.50%-0.75%-1.51%
1987-2.4%-2.50%-3.26%-2.51%
19883.71%6.11%2.74%6.00%
19890.68%-3.03%-0.28%-3.02%
1990-2.95%-3.63%-3.85%-3.57%
1991-10.69%-7.74%-11.41%-7.56%
1992-11.58%-0.89%-12.14%-0.73%
1993-14.88%-3.30%-15.31%-3.17%
19940.72%15.60%0.3%15.61%
19952.46%1.74%2.09%1.79%
19967.84%5.38%7.48%5.39%
19972.78%-5.06%2.45%-5.03%
19980.16%-2.62%-0.17%-2.62%
19996.19%6.03%5.83%6.00%
20005.91%-0.28%5.56%-0.27%
20013.19%-2.72%2.86%-2.70%
20021.42%-1.77%1.12%-1.74%
20033.79%2.37%3.5%2.38%
20045.77%1.98%5.49%1.99%
200511.2%5.43%10.97%5.48%
200612.07%0.87%11.91%0.94%
20077.26%-4.81%7.18%-4.73%
20084.12%-3.14%4.08%-3.10%
20091.45%-2.67%1.42%-2.66%
20102.39%0.94%2.37%0.95%
20112.8%0.41%2.76%0.39%
20123.01%0.21%3%0.24%
20132.75%-0.26%2.79%-0.21%
20141.05%-1.70%1.16%-1.63%
20154.44%3.39%4.54%3.38%
20160.51%-3.93%0.6%-3.94%
20171.81%1.30%1.97%1.37%
20182.25%0.44%2.44%0.47%
2019-0.16%-2.41%0.05%-2.39%
2020-10.95%-10.79%-10.74%-10.79%
20211.25%12.20%1.75%12.49%
20221.78%0.53%2.35%0.60%
2023-1.93%-3.71%-1.57%-3.92%
2024----