Cuba GDP Per Capita 2020

[ Nominal GDP Per Capita in USD ]

Year -

$107.35

Source: world bank Nominal/PPP
Summary:

Cuba GDP Per Capita expanded from 1970 to 2020, increasing from $5.69 to $107.35 .The compound annual growth rate (CAGR) averaged 6.05% over the period. The economy recorded its peak level in 2020 and its lowest level in 1970. Growth volatility remained high. The maximum drawdown reached 22.9%, 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 2020 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year2020N/A
Latest GDP Per Capita$ 107.35 dollarsN/A
Growth (YoY)3.794%N/A
Net Change vs Previous Year$ 3.92 dollarsN/A
% of World GDP Per Capita0.12%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 2020

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
1961------
1962------
1963------
1964------
1965------
1966------
1967------
1968------
1969------
19705.69-----
19716.911.2221.459 %---
19728.141.2217.651 %---
19739.991.8522.772 %---
197411.411.4214.2 %---
197513.031.6214.216 %---
197613.790.765.85 %---
197714.210.423.021 %---
197817.843.6425.612 %---
197919.581.749.749 %---
198019.910.331.677 %---
198120.150.241.192 %---
198220.950.83.986 %---
198322.21.255.972 %---
198424.041.838.261 %---
198522.92-1.12-4.654 %---
198624.231.315.698 %---
198725.210.994.076 %---
198827.462.258.904 %---
198927.02-0.44-1.586 %---
199028.651.626.002 %---
199124.32-4.33-15.112 %---
199222.09-2.23-9.174 %---
199322.370.281.274 %---
199428.456.0827.187 %---
199530.431.986.965 %---
199625.02-5.41-17.787 %---
199725.370.351.393 %---
199825.740.371.46 %---
199928.362.6310.212 %---
200030.572.27.759 %---
200131.681.123.654 %---
200233.591.916.023 %---
200335.92.316.879 %---
200438.22.36.411 %---
200542.644.4411.624 %---
200648.846.1914.52 %---
200754.265.4311.113 %---
200856.32.043.758 %---
200957.481.182.095 %---
201059.562.083.621 %---
201168.999.4315.827 %---
201273.144.156.017 %---
201377.154.015.478 %---
201480.663.514.547 %---
201587.136.488.03 %---
201691.374.244.863 %---
201796.855.485.998 %---
2018100.053.23.303 %---
2019103.433.383.376 %---
2020107.353.923.794 %---
2021------
2022------
2023------
2024------

Cuba Economic Phases (1970 - 2020)

From 1970 to 2020, Cuba economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1971–1976) indicating robust economic expansion
  • High Growth (1978–1979) indicating robust economic expansion
  • Expansion (1980–1982) indicating steady moderate growth
  • High Growth (1983–1984) indicating robust economic expansion
  • 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
  • Expansion (2018–2020) indicating steady moderate growth

The most remarkable growth occurred in 1994 with an increase of 27.187%, while the largest decline was in 1996 at -17.787%.