Cuba GDP Per Capita 2017

[ Nominal GDP Per Capita in USD ]

Year -

$8,610.61

Source: world bank Nominal/PPP
Summary:

Cuba GDP Per Capita expanded from 1970 to 2017, increasing from $645.14 to $8,610.61 .The compound annual growth rate (CAGR) averaged 5.67% over the period. The economy recorded its peak level in 2017 and its lowest level in 1970. Growth volatility remained high. The maximum drawdown reached 24%, indicating the largest cyclical decline from peak levels. The country experienced 4 recession episode(s) during the observed period.

Latest GDP Per Capita of Cuba 2017 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year2017N/A
Latest GDP Per Capita$ 8,610.61 dollarsN/A
Growth (YoY)6.165%N/A
Net Change vs Previous Year$ 500.05 dollarsN/A
% of World GDP Per Capita10.52%N/A
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Cuba GDP | Cuba GDP Growth

Cuba Annual GDP Per Capita From 1960 to 2017

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
1961------
1962------
1963------
1964------
1965------
1966------
1967------
1968------
1969------
1970645.14-----
1971770.08124.9419.366 %---
1972891.63121.5515.784 %---
19731079.13187.521.029 %---
19741216.74137.6112.752 %---
19751374.24157.512.944 %---
19761440.7366.494.838 %---
19771472.3831.652.197 %---
19781837.39365.0124.791 %---
19792005.91168.529.172 %---
19802030.9325.021.247 %---
19812045.8514.920.735 %---
19822113.8167.963.322 %---
19832222.49108.685.141 %---
19842386.45163.967.377 %---
19852256.57-129.88-5.442 %---
19862364.9108.334.8 %---
19872439.5874.693.158 %---
19882632.04192.467.889 %---
19892565.54-66.5-2.527 %---
19902694.32128.785.019 %---
19912268.83-425.48-15.792 %---
19922047.68-221.16-9.748 %---
19932063.215.520.758 %---
19942613.29550.0926.662 %---
19952785.24171.956.58 %---
19962282.19-503.06-18.061 %---
19972306.4224.241.062 %---
19982332.3125.881.122 %---
19992561.78229.479.839 %---
20002751.38189.67.401 %---
20012842.9791.593.329 %---
20023005.21162.245.707 %---
20033202.78197.576.574 %---
20043399.22196.446.133 %---
20053786.34387.1211.388 %---
20064329.98543.6414.358 %---
20074807.44477.4611.027 %---
20084986.12178.693.717 %---
20095089.24103.112.068 %---
20105272.27183.033.596 %---
20116104.46832.1915.784 %---
20126470.84366.386.002 %---
20136828.36357.535.525 %---
20147146.7318.344.662 %---
20157727.92581.228.133 %---
20168110.56382.644.951 %---
20178610.61500.056.165 %---
2018------
2019------
2020------
2021------
2022------
2023------
2024------

Cuba Economic Phases (1970 - 2017)

From 1970 to 2017, Cuba economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1971–1975) indicating robust economic expansion
  • Expansion (1976–1977) indicating steady moderate growth
  • High Growth (1978–1979) indicating robust economic expansion
  • Expansion (1980–1982) indicating steady moderate growth
  • High Growth (1983–1984) indicating robust economic expansion
  • Expansion (1986–1987) indicating steady moderate growth
  • High Growth (1994–1995) indicating robust economic expansion
  • Expansion (1997–1998) indicating steady moderate growth
  • High Growth (1999–2000) indicating robust economic expansion
  • High Growth (2002–2007) indicating robust economic expansion
  • Expansion (2008–2010) indicating steady moderate growth
  • High Growth (2011–2013) indicating robust economic expansion
  • High Growth (2017–2017) indicating robust economic expansion

The most remarkable growth occurred in 1994 with an increase of 26.662%, while the largest decline was in 1996 at -18.061%.