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Latin America & Caribbean · Upper middle income

Cuba: the economy in numbers

Per person: $9,605. Population: 10.9 million (2025).

$107B−1.1%real GDP growth, 2024

GDP in 2020, current US dollars.

GDP per capita
$9,605
2020
Population
10.9M
2025 · #87 of 217
Unemployment
1.7%
2025 · ILO estimate
Life expectancy
78.3 years
2024

GDP

Adjusted for US inflation, in 2025 dollars: $47.2 billion in 1970, $134 billion in 2020.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $5,354 per person in 1970, $11,958 in 2020.

GDP per capita
PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2015–2024: −0.3% a year. Years of falling GDP since 1971: 10 of 54.

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Population

1960: 7.24 million · 2025: 10.9 million.

Source: World Bank, World Development Indicators (CC BY 4.0)

Unemployment rate

1991: 8.3% · 2025: 1.7%.

% of the labor force, ILO modeled estimatesSource: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1960: 63.3 years · 2024: 78.3 years.

Source: World Bank, World Development Indicators (CC BY 4.0)

Exports of goods and services

1970: 32.6% · 2024: 42.5%.

% of GDPSource: World Bank, World Development Indicators (CC BY 4.0)

Data by year

Show the year-by-year table
YearGDPGDP per capitaReal growthPopulationUnemploymentLife expectancyExports, % GDP
202510.9M1.7%
2024−1.1%11M1.8%78.342.5%
2023−1.9%11M1.7%78.145.6%
20221.8%11.1M1.8%77.640.5%
20211.3%11.1M2.1%73.234.9%
2020$107B$9,605−10.9%11.2M2.2%77.48.2%
2019$103B$9,232−0.2%11.2M1.7%77.412.2%
2018$100B$8,9112.2%11.2M1.7%77.414.5%
2017$96.9B$8,6111.8%11.2M1.7%77.314.6%
2016$91.4B$8,1110.5%11.3M2.0%77.615.0%
2015$87.1B$7,7284.4%11.3M2.4%77.717.1%
2014$80.7B$7,1471.0%11.3M2.7%77.822.1%
2013$77.1B$6,8282.7%11.3M3.3%78.024.1%
2012$73.1B$6,4713.0%11.3M3.5%78.225.5%
2011$69B$6,1042.8%11.3M3.2%78.125.1%
2010$59.6B$5,2722.4%11.3M2.5%77.922.6%
2009$57.5B$5,0891.5%11.3M1.7%77.617.5%
2008$56.3B$4,9864.1%11.3M1.6%77.620.6%
2007$54.3B$4,8077.3%11.3M1.8%77.520.3%
2006$48.8B$4,33012.1%11.3M1.9%77.418.7%
2005$42.6B$3,78611.2%11.3M1.9%77.521.0%
2004$38.2B$3,3995.8%11.2M1.9%77.316.0%
2003$35.9B$3,2033.8%11.2M2.3%77.413.0%
2002$33.6B$3,0051.4%11.2M3.3%76.811.5%
2001$31.7B$2,8433.2%11.1M4.1%76.413.2%
2000$30.6B$2,7515.9%11.1M5.5%75.914.1%
1999$28.4B$2,5626.2%11.1M6.3%75.714.5%
1998$25.7B$2,3320.2%11M6.2%75.414.3%
1997$25.4B$2,3062.8%11M7.1%75.114.9%
1996$25B$2,2827.8%11M7.6%74.715.3%
1995$30.4B$2,7852.5%10.9M8.3%74.313.4%
1994$28.4B$2,6130.7%10.9M8.8%74.113.2%
1993$22.4B$2,063−14.9%10.8M9.3%73.913.2%
1992$22.1B$2,048−11.6%10.8M8.8%73.816.9%
1991$24.3B$2,269−10.7%10.7M8.3%73.821.9%
1990$28.6B$2,694−2.9%10.6M73.830.2%
1989$27B$2,5660.7%10.5M73.731.2%
1988$27.5B$2,6323.7%10.4M73.732.0%
1987$25.2B$2,440−2.4%10.3M73.632.9%
1986$24.2B$2,3650.1%10.2M73.631.7%
1985$22.9B$2,2571.6%10.2M73.533.7%
1984$24B$2,3867.9%10.1M73.632.3%
1983$22.2B$2,2225.4%9.99M73.632.5%
1982$21B$2,1148.9%9.91M73.432.6%
1981$20.2B$2,04619.7%9.85M73.032.6%
1980$19.9B$2,031−4.8%9.8M72.632.8%
1979$19.6B$2,0061.1%9.76M72.332.6%
1978$17.8B$1,8376.6%9.71M71.932.6%
1977$14.2B$1,4728.7%9.65M71.432.6%
1976$13.8B$1,4415.4%9.57M70.932.6%
1975$13B$1,3749.5%9.48M70.432.6%
1974$11.4B$1,2171.0%9.37M69.932.6%
1973$9.99B$1,0793.4%9.26M69.332.6%
1972$8.14B$8924.8%9.12M68.932.6%
1971$6.91B$7708.6%8.98M68.432.6%
1970$5.69B$6458.82M67.932.6%
19698.67M67.4
19688.51M66.9
19678.35M66.5
19668.19M66.1
19658.03M65.6
19647.87M65.3
19637.7M64.3
19627.54M64.4
19617.39M63.7
19607.24M63.3

e: IMF estimate; f: IMF forecast.

Nearby economies in Latin America & Caribbean

Nearest by distance between capitals, with GDP per capita.

Antigua and Barbuda · Argentina · Aruba · Bahamas · Barbados · Belize · Bolivia · Brazil · British Virgin Islands · Cayman Islands · Chile · Colombia · Costa Rica · Cuba · Curaçao · Dominica · Dominican Republic · Ecuador · El Salvador · Grenada · Guatemala · Guyana · Haiti · Honduras · Jamaica · Mexico · Nicaragua · Panama · Paraguay · Peru · Puerto Rico · Saint Kitts and Nevis · Saint Lucia · Saint Martin (French part) · Saint Vincent and the Grenadines · Sint Maarten · Suriname · Trinidad and Tobago · Turks and Caicos Islands · U.S. Virgin Islands · Uruguay · Venezuela

Rankings

Data and methods

Source: World Bank, World Development Indicators (CC BY 4.0)