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MacroCuba

GDP growth in Cuba

Is that economy growing or stalling?

Cuba's gdp growth is -1.06 % #121 of 127 countries on the atlas (higher is better). Period 2024.

-1.06%

Checked 8 Sept 2026Period 2024

Source: World Bank open data (GDP growth, GDP/capita, unemployment, government debt)

GDP growth in Cuba over time

12.07 %0.56 %-10.95 %12.07 % · 2006-10.95 % · 20202000: 5.91 %2001: 3.19 %2002: 1.42 %2003: 3.79 %2004: 5.77 %2005: 11.20 %2006: 12.07 %2007: 7.26 %2008: 4.12 %2009: 1.45 %2010: 2.39 %2011: 2.80 %2012: 3.01 %2013: 2.75 %2014: 1.05 %2015: 4.44 %2016: 0.51 %2017: 1.81 %2018: 2.25 %2019: -0.16 %2020: -10.95 %2021: 1.25 %2022: 1.77 %2023: -1.93 %2024: -1.06 %200020122024-1.06 %
25 official observations, 20002024. Every point is a published value — never interpolated.
Rank
#121 of 127
higher is better
Ranked behind
5 %
6 of 127 countries
Latest move
▲ 0.87 pp
since 2023
Below its peak
13.13 pp
peak 12.07 % in 2006
Full series
▼ 6.98 pp
since 2000

In Americas: #25 of 27vs median 2.90 %: −3.96 pp (worse)

Among 127 countries

4 of 127 countries between -2.71 % and -2.14 %2 of 127 countries between -2.14 % and -1.56 %1 of 127 countries between -1.56 % and -0.99 %3 of 127 countries between -0.99 % and -0.41 %12 of 127 countries between 0.16 % and 0.74 %11 of 127 countries between 0.74 % and 1.31 %12 of 127 countries between 1.31 % and 1.89 %9 of 127 countries between 1.89 % and 2.47 %14 of 127 countries between 2.47 % and 3.04 %13 of 127 countries between 3.04 % and 3.62 %11 of 127 countries between 3.62 % and 4.19 %10 of 127 countries between 4.19 % and 4.77 %6 of 127 countries between 4.77 % and 5.34 %3 of 127 countries between 5.34 % and 5.92 %1 of 127 countries between 5.92 % and 6.49 %2 of 127 countries between 6.49 % and 7.07 %3 of 127 countries between 7.07 % and 7.64 %2 of 127 countries between 7.64 % and 8.22 %2 of 127 countries between 8.22 % and 8.79 %2 of 127 countries between 9.37 % and 9.95 %4 of 127 countries between 10.52 % and 11.10 %median 2.90 %Cuba: ahead of 5 % of the 127 countries with a published gdp growthCuba -1.06 %-2.71 %11.10 %
Half of all 127 countries sit between 1.30 % and 4.37 %. Cuba is ahead of 5 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.

The neighbourhood

#CountryGDP growthvs Cuba
119 Botswana-0.73 %+0.33 pp
120 Trinidad and Tobago-0.79 %+0.27 pp
121 Cuba-1.06 %
122 Bolivia-1.58 %−0.52 pp
123 Myanmar-2.01 %−0.95 pp

Annual real GDP growth (World Bank).

How to read this figure

Annual growth of real GDP (World Bank) — the size of the economy adjusted for inflation. Population growth matters: a country can grow 2 % while its GDP per person stands still.

Next, about Cuba

GDP per capitaUnemployment rate
GDP growth, all countries ranked →Compare Cuba with another country →Everything about Cuba
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