Cuba GDP Annual Growth Rate  1990-2017 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Cuba contracted 0.90 percent in 2016 from the previous year. GDP Annual Growth Rate in Cuba averaged 2.07 percent from 1990 until 2016, reaching an all time high of 12.10 percent in 2006 and a record low of -14.90 percent in 1993.

Cuba GDP Annual Growth Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Cuba GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -0.90 4.40 12.10 -14.90 percent [+]
GDP 87.13 80.66 87.13 5.69 USD Billion [+]
GDP per capita 6445.00 6182.80 6445.00 2249.10 USD [+]
GDP Per Capita Ppp 21016.65 20141.98 21016.65 9021.00 USD [+]
GDP Constant Prices 54030.00 54500.00 54500.00 51642.00 CUC Million [+]


Cuba GDP Annual Growth Rate

Cuba, the most populous country in the Caribbean, is one of the last communist regimes in the world. The government controls the economy and employs more than 80 percent of the working force. While the most important sector of the economy is services (around 75 percent of GDP), mining, oil production, remittances and tourism are crucial in supporting state revenue. Cuba’s medical industry continues to thrive; the sector trains foreign workers, accommodates foreign patients and even exports workers worldwide. Cuba is a major producer of mineral resources such as nickel and cobalt. Since the U.S. has maintained a trade embargo against Cuba for over 50 years, growth prospects remain weak. Yet recently, in order to boost the economy, the government has initiated some market reforms like allowing setting up small businesses and property ownership. This page provides - Cuba GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cuba GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-0.90 4.40 12.10 -14.90 1990 - 2016 percent Yearly




GDP annual growth rate by Country
Country Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.06 Sep/17
Canada 3.70 Jun/17
South Korea 3.60 Sep/17
Spain 3.10 Sep/17
Netherlands 3.00 Sep/17
Germany 2.80 Sep/17
Euro Area 2.50 Sep/17
United States 2.30 Sep/17
France 2.20 Sep/17
Australia 1.80 Jun/17
Italy 1.80 Sep/17
Russia 1.80 Sep/17
Japan 1.70 Sep/17
Mexico 1.60 Sep/17
United Kingdom 1.50 Sep/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17