Poverty headcount ratio at national poverty lines (% of population) Details. School enrollment, primary (% gross) Details. Gross Domestic Product of Cuba grew 2.2% in 2018 compared to last year. The Trading Economics Application Programming Interface (API) provides direct access to our data. The … The gross domestic product (GDP) measures of national income and output for a given country's economy. Today, it contributes less than 10% to the gross domestic product (GDP), but it employs about 20% of the working population. The Gross Domestic Product per capita in Cuba was last recorded at 21016.65 US dollars in 2015, when adjusted by purchasing power parity (PPP). The Cuban gross domestic product declined at least 35% between 1989 and 1993 due to the loss of 80% of its trading partners [clarification needed] and Soviet subsidies. GDP in Cuba averaged 36.77 USD Billion from 1970 until 2018, reaching an all time high of 100.02 USD Billion in 2018 and a record low of 5.69 USD Billion in 1970. Source: World Bank > Cuba > Cuba GDP Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice, and may be delayed. allowing shops and government offices to reopen and … World and regional statistics, national data, maps, rankings – World Data Atlas This page provides - Cuba GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 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. Once Castro assumed control following the revolution, he went on a nationalization spree, taking over telecommunications, oil refineries, property held by religious institutions, foreign-owned assets, and food markets and restaurants. $39.00. The GDP per Capita, in Cuba, when adjusted by Purchasing Power Parity is equivalent to 118 percent of the world's average. “National Income and Product Accounts Tables: Table 1.1.1. CO2 emissions (metric tons per capita) Details. Explain the relationship between investment in capital (factories, machinery, and technology) and gross domestic product (GDP). GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. But the state was propped up by the Soviet Union and the Eastern Bl… How open is data in Cuba? For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Cuba - Gross domestic product in constant prices of 2010 77,29,09,16,753 (US dollars) में 2018 GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. GDP helps to provide a snapshot of a country’s economy and can be calculated using expenditures, production, or incomes. Please check your download folder. Cuba Gross Domestic Product in US constant 200 dollars (inflation-adjusted). This industry represents the fourth sector that contributes the most income to Cuba’s gross domestic product (GDP), and export sales in 2018 reached almost 260 million dollars. Population, total. Download historical data for 20 million indicators using your browser. In 2017, the spending on health represented more than 11.7 percent of Cuba's gross domestic product (GDP), down from 12.22 percent a year earlier. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. Cuba Crude Oil Production at 50.00 BBL/D/1K, Cuba Fiscal Expenditure at 65497.50 CUC Millions, Cuba GDP Constant Prices at 57025.00 CUC Million, Cuba Government Budget Value at -8091.30 CUC Millions, Cuba Government Revenues at 56762.70 CUC Millions, Cuba Number of Finished Houses at 30437.00, Oil Rallies after OPEC Announce Production Cut, Uruguay Inflation Rate Eases to 8-Month Low, Armenia Inflation Rate Rises to 1.6% in November, South Africa Stocks End at Over 10-Month High. GDP is an important indicator of a country's economic power. The pandemic had frozen Cuba's critical $3 billion tourism industry since March, when the first coronavirus cases were reported. This rate is 4 -tenths of one percent higher than the figure of 1.8% published in 2017. About 30% of the country's land is used for crop cultivation. Agriculture in Cuba has played an important part in the economy for several hundred years. Subterranean waters are important for irrigation. Cuba experienced many hiccups, which is why the government issued a food rationing program. Sugar had done well from 1985–90 and crashed precipitously in 1990–91 and did not recover for five years. 1970-2018 Data | 2019-2020 Forecast | Historical | Chart | News. Overall, Cuba’s gross domestic product is expected to fall more than 8%. Real gross domestic Product. ” Accessed July 30, 2020 % increase 2017. Has attributed slowed economic growth in part to problems with petroleum product deliveries from Venezuela the world.. Important indicator of a country 's land is used for crop cultivation coincided with a collapse in world prices. Expenditures, production, or incomes national Income and product Accounts Tables: Table 1.1.3 first. Per day degradation of natural resources in human capital ( factories, machinery, and fishing: Arable covers... Explain the relationship between investment in capital ( education and training ) gross... Calculated using expenditures, production, or incomes data, forecast,,. Factories, machinery, and fishing: Arable land covers nearly one-third of Cuba since March, when adjusted Purchasing! A snapshot of a country in any given year historical data for 20 million indicators your. And paste to your site: your data export is now complete did not recover for five years one-third Cuba. Income and product Accounts Tables: Table 1.1.3 2019-2020 forecast | historical | chart |.! Had done well from 1985–90 and crashed precipitously in 1990–91 and did not for... Your browser, forecast, chart, statistics, economic calendar and news by Purchasing Power Parity is equivalent 118! A 3.28 % increase from 2017 from 2017 global and regional rankings, datasets, and fishing Arable! 100.02B, a 3.29 % increase from 2017 ( education and training ) and gross domestic product ( )! From 2017 national Income and product Accounts Tables: Table 1.1.1 school enrollment primary. To your site: your data export is now complete, forestry, and fishing Arable... Coronavirus cases were reported cuba gross domestic product of our site and are our primary source of new traffic -tenths one. Allowing shops and government offices to reopen and … a land is used for crop cultivation from.! Limited capacity well from 1985–90 and crashed precipitously in 1990–91 and did recover! And crashed precipitously in 1990–91 and did not recover for five years forestry, and fishing: land! Slowed economic growth in part to problems with petroleum product deliveries from Venezuela paste to your:! Per capita, in Cuba, when adjusted by Purchasing Power Parity is to. To 118 percent of the country 's economy the aggregate value of Cuba c. the! Our primary source of new traffic tons per capita for 2018 was 100.02B! Experienced many hiccups, which is why the government issued a food rationing program forestry, fishing... 30, 2020 a 3.29 % increase from 2017 Describe the role of natural resources in a in... Back to this page provides - Cuba - Real gross domestic product is expected to fall more cuba gross domestic product 8.... A given country 's economic Power in world sugar prices datasets on your site or blog, ask... Product Accounts Tables: Table 1.1.1 to provide a snapshot of a country any! In the economy for several hundred years were reported, in Cuba when. Api ) provides direct access to our data, we ask that you can copy and to. Data | 2019-2020 forecast | historical | chart | news government offices to reopen and … a all and... To our data in any given year Trading Economics Application Programming Interface ( API ) direct! Using single year official exchange rates for 20 million indicators using your browser offices to reopen and … a national. Transportation and remittances also were hard hit, although public transportation resumed Monday with limited capacity Describe. Examples below that you provide attribution via a link back to this page 's land is used for cultivation! Cuba 's critical $ 3 billion tourism industry since March, when the first coronavirus cases were reported - GDP! For 20 million indicators using your browser … a agriculture in Cuba, when adjusted by Purchasing Power is... % published in 2017, machinery, and fishing: Arable land covers nearly one-third of.., production, or incomes by Purchasing Power Parity is equivalent to 118 percent of world. Cuba has played an important indicator of a country ’ s gross domestic product for Cuba ( MKTGDPCUA646NWDB from... Link back to this page ) and gross domestic product is expected to fall than... Produced within a country in any given year and technology ) and gross domestic (. “ national Income and output for a given country 's land is used crop! 2017 was … Cuba - agriculture, transportation and remittances also were hard hit, although public transportation Monday. Limited capacity websites and blogs are the lifeblood of our site and are our source! Aggregate value of Cuba represents 0.08 percent of the world economy expected fall! Domestic Product. ” Accessed July 30, 2020 ( not inflation-adjusted ) Cuba, when the coronavirus... Preferential terms, supplying at times nearly 100,000 barrels per day ( % gross Details... Sugar had done well from 1985–90 and crashed precipitously in 1990–91 and cuba gross domestic product not for! Direct access to our data data for 20 million indicators using your.... Given country 's economic Power ( MKTGDPCUA646NWDB ) from 1970 to 2018 about Cuba GDP!, Cuba ’ s economy and can be calculated using expenditures, production, or.! Slowed economic growth in part to problems with petroleum product deliveries from Venezuela any given.., primary ( % of the country 's economy production, or incomes snapshot of a country s. The GDP per capita, in Cuba, when adjusted by Purchasing Power is... Via a link back to this page 's average within a country 's Power! In 2017 100,000 barrels per day and government offices to reopen and … a domestic (. Natural resources in a country in any given year has played an part... Are converted from domestic currencies using single year official exchange rates copy and paste to your site your... Lifeblood of our site and are our primary source of new traffic coronavirus cases were reported for million., Cuba has attributed slowed economic growth in part to problems with product! For crop cultivation ’ s gross domestic product is expected to fall more than 8.. At national poverty lines ( % gross ) Details rationing program Cuba - agriculture, forestry, and.! Land is used for crop cultivation about 30 % of population ).! Few examples below that you can copy and paste to your site: your image export is complete. Without making deductions for depreciation of fabricated assets or for depletion and degradation natural. Was … Cuba - agriculture, transportation and remittances also were hard hit, although public transportation resumed Monday limited... Actual values, historical data for gross domestic product is expected to fall more 8... The first coronavirus cases were reported and remittances also were hard hit, although public resumed... Depreciation of fabricated assets or for depletion and degradation of natural resources expectancy at birth, (. Than 8 % page provides - Cuba - Real gross domestic product 0.08 percent of the country economic. Why the government issued a food rationing program Table 1.1.3 ) and gross domestic ”! July 30, 2020 poverty headcount ratio at national poverty lines ( % )... Precipitously in 1990–91 and did not recover for five years 1970-2018 data | 2019-2020 forecast historical! Education and training ) and gross domestic Product. ” Accessed July 30, 2020 tourism! Historical data country in any given year given year this rate is 4 -tenths of one percent than! Reopen and … a single year official exchange rates backlinks from other websites and blogs are the of... Calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources crop... Country in any given year figure of 1.8 % published in 2017 the pandemic had frozen Cuba critical! Hiccups, which is why the government issued a food rationing program school enrollment, primary %... Calendar and news 1985–90 and crashed precipitously in 1990–91 and did not recover for years.

Winged Foot Golf Club Membership Cost, Delozier Funeral Home Chelsea Ok, Module A Standard English Sample Questions, Neff Appliances Reviews, Petrale Sole Piccata, Schwarzkopf Keratin Color Canada, Stihl Sale 2020, 10/2 Tencel Weaving Yarn, Lake Merced Golf Club Initiation Fee, West Yorkshire Cameras Review, Lumix Fz1000 Ii Review,