Cuba - GDP per capita (current US$) 1970 - 2020
Cuba's gdp per capita (current us$) is currently $9,499.59 USD (United States dollar) according to the most recent World Bank data for the country (2020).
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Cuba's gdp per capita (current us$) for 2020 was $9,499.59, a 3.94% increase from 2019, with a +$360 difference.
- In 2019 it was $9,139.42, a 3.48% increase from 2018, with a +$307 difference.
- In 2018 it was $8,831.91, a 3.38% increase from 2017.
- In 2017 it was $8,543.36, a 6.05% increase from 2016.
- In 2016 it was $8,055.89, a 4.84% increase from 2015.
Measure: Estimated Value
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Cuba is currently $3,558.81 (average of years with recorded data) with a lowest recorded value of $641.85 in 1970 and a highest value of $9,499.59 in 2020.For comparison, the world wide [World Bank] aggregate for 1970 was $812.22 and in 2020 it was $10,895.74. Essentially, in 1970, Cuba contributed 79.02% to the world wide aggregate. While in 2020 it contributed 87.19% to the aggregate, recording a 10.34% increase in amounts contributed within the 50-year period. Nonetheless, the country recorded a 1,380.03% increase in gdp per capita (current us$) within the same period.
Cuba's GDP per capita (current US$) - Historical Data
| Year | GDP per capita (current US$) | Average Growth Rate (%) |
|---|---|---|
| 1970 | $641.85 | |
| 1971 | $766.11 | 19.36% |
| 1972 | $887.22 | 15.81% |
| 1973 | $1,074.19 | 21.07% |
| 1974 | $1,211.71 | 12.80% |
| 1975 | $1,369.25 | 13.00% |
| 1976 | $1,436.29 | 4.90% |
| 1977 | $1,468.71 | 2.26% |
| 1978 | $1,833.99 | 24.87% |
| 1979 | $2,003.58 | 9.25% |
| 1980 | $2,030.04 | 1.32% |
| 1981 | $2,046.01 | 0.79% |
| 1982 | $2,114.62 | 3.35% |
| 1983 | $2,223.92 | 5.17% |
| 1984 | $2,388.29 | 7.39% |
| 1985 | $2,258.39 | -5.44% |
| 1986 | $2,366.92 | 4.81% |
| 1987 | $2,441.58 | 3.15% |
| 1988 | $2,633.85 | 7.87% |
| 1989 | $2,567.02 | -2.54% |
| 1990 | $2,695.61 | 5.01% |
| 1991 | $2,269.65 | -15.80% |
| 1992 | $2,048.07 | -9.76% |
| 1993 | $2,063.22 | 0.74% |
| 1994 | $2,613.01 | 26.65% |
| 1995 | $2,784.90 | 6.58% |
| 1996 | $2,281.98 | -18.06% |
| 1997 | $2,306.38 | 1.07% |
| 1998 | $2,332.51 | 1.13% |
| 1999 | $2,562.27 | 9.85% |
| 2000 | $2,752.20 | 7.41% |
| 2001 | $2,844.24 | 3.34% |
| 2002 | $3,007.19 | 5.73% |
| 2003 | $3,205.69 | 6.60% |
| 2004 | $3,403.30 | 6.16% |
| 2005 | $3,791.87 | 11.42% |
| 2006 | $4,336.87 | 14.37% |
| 2007 | $4,814.85 | 11.02% |
| 2008 | $4,992.82 | 3.70% |
| 2009 | $5,094.44 | 2.04% |
| 2010 | $5,275.53 | 3.55% |
| 2011 | $6,106.01 | 15.74% |
| 2012 | $6,467.34 | 5.92% |
| 2013 | $6,814.24 | 5.36% |
| 2014 | $7,117.53 | 4.45% |
| 2015 | $7,683.76 | 7.96% |
| 2016 | $8,055.89 | 4.84% |
| 2017 | $8,543.36 | 6.05% |
| 2018 | $8,831.91 | 3.38% |
| 2019 | $9,139.42 | 3.48% |
| 2020 | $9,499.59 | 3.94% |
Expand
Comparison with Countries in the Latin America & Caribbean Region.
Among countries in the same World Bank Latin America & Caribbean (LAC) region, Cuba comes in 25th with $9,499.59 gdp per capita (current us$).
- Within the same region, Curacao comes in 15th with $17,717.60, gdp per capita (current us$).
- Panama comes in 16th with $17,357.60.
- Venezuela, RB comes in 17th with $15,975.70.
- Chile comes in 18th with $15,355.50.
- Argentina comes in 19th with $13,686.00.
- Costa Rica comes in 20th with $13,198.80.
- St. Lucia comes in 21st with $11,481.50.
- Mexico comes in 22nd with $11,091.30.
- Dominican Republic comes in 23rd with $10,120.60.
- Grenada comes in 24th with $10,016.20.
- St. Vincent and the Grenadines comes in 26th with $9,125.32.
- Brazil comes in 27th with $8,917.67.
- Dominica comes in 28th with $8,414.54.
- Peru comes in 29th with $7,125.83.
- Belize comes in 30th with $6,968.36.
- Colombia comes in 31st with $6,630.28.
- Ecuador comes in 32nd with $6,391.28.
- Paraguay comes in 33rd with $6,153.06.
- Jamaica comes in 34th with $6,047.22.
- And Suriname comes in 35th with $5,858.29, gdp per capita (current us$).
GDP per capita (current US$), Top 10 Countries in the Latin America & Caribbean Region.
Top 10 Countries in the Latin America & Caribbean Region.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Cayman Islands | $88,475.60 | 2021 |
| 2 | Virgin Islands (U.S.) | $39,552.20 | 2020 |
| 3 | Sint Maarten (Dutch part) | $36,220.30 | 2022 |
| 4 | Puerto Rico | $35,208.60 | 2022 |
| 5 | Bahamas, The | $31,458.30 | 2022 |
| 6 | Aruba | $29,342.10 | 2021 |
| 7 | Turks and Caicos Islands | $24,917.60 | 2022 |
| 8 | St. Martin (French part) | $21,920.00 | 2014 |
| 9 | Uruguay | $20,795.00 | 2022 |
| 10 | St. Kitts and Nevis | $20,176.70 | 2022 |
Comparison with Countries in the Upper middle income Group.
Among countries in the same World Bank Upper middle income (UMI) group, Cuba comes in 18th with $9,499.59 gdp per capita (current us$).
- Within the same income group, Malaysia comes in 8th with $11,971.90, gdp per capita (current us$).
- Maldives comes in 9th with $11,817.50.
- St. Lucia comes in 10th with $11,481.50.
- Kazakhstan comes in 11th with $11,243.70.
- Mexico comes in 12th with $11,091.30.
- Turkiye comes in 13th with $10,616.10.
- Mauritius comes in 14th with $10,216.30.
- Dominican Republic comes in 15th with $10,120.60.
- Grenada comes in 16th with $10,016.20.
- Montenegro comes in 17th with $9,893.52.
- Serbia comes in 19th with $9,393.63.
- St. Vincent and the Grenadines comes in 20th with $9,125.32.
- Brazil comes in 21st with $8,917.67.
- Gabon comes in 22nd with $8,820.35.
- Dominica comes in 23rd with $8,414.54.
- Belarus comes in 24th with $7,904.86.
- Botswana comes in 25th with $7,737.65.
- Azerbaijan comes in 26th with $7,736.70.
- Bosnia and Herzegovina comes in 27th with $7,585.38.
- And Turkmenistan comes in 28th with $7,297.18, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the Upper middle income Group.
Top 14 Countries in the Upper middle income Group.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Venezuela, RB | $15,975.70 | 2014 |
| 2 | Russian Federation | $15,345.10 | 2022 |
| 3 | Bulgaria | $13,772.50 | 2022 |
| 4 | Argentina | $13,686.00 | 2022 |
| 5 | Costa Rica | $13,198.80 | 2022 |
| 6 | China | $12,720.20 | 2022 |
| 7 | Palau | $12,083.90 | 2021 |
| 8 | Malaysia | $11,971.90 | 2022 |
| 9 | Maldives | $11,817.50 | 2022 |
| 10 | St. Lucia | $11,481.50 | 2022 |
| 11 | Kazakhstan | $11,243.70 | 2022 |
| 12 | Mexico | $11,091.30 | 2022 |
| 13 | Turkiye | $10,616.10 | 2022 |
| 14 | Mauritius | $10,216.30 | 2022 |