Cuba: Economy

Economic Trivia

Industrial production accounts for 37% of Cuba's GDP and employs 24% of its population.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Data unavailable

Top Industries Source: CIA World Factbook

Petroleum; Nickel/Cobalt; Pharmaceuticals; Tobacco

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $234,624,069,249 (2013)
GDP Growth Rate (annual %) 2.686% (2013)
GDP Per Capita, PPP (current international) $20,649 (2013)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 60/193 (2013)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) Data unavailable
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) Data unavailable
Real Interest Rate (5 year average %) Data unavailable
Manufacturing, value added (% of GDP) 10.721% (2011)
Current Account Balance (BoP, current US$) Data unavailable
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Labor and Employment Source: The World Bank

Labor Force, Total 5,383,687 (2014)
Employment in Agriculture (% of total employment) 18.6% (2013)
Employment in Industry (% of total employment) 17.2% (2013)
Employment in Services (% of total employment) 64.2% (2013)
Unemployment Rate 3.3% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $15,601,800,000 (2013)
Exports of goods and services (current US$) $18,592,900,000 (2013)
Total Merchandise Trade (% of GDP) 26.363% (2013)
FDI, net inflows (BoP, current US$) $110,000,000 (2011)
Commercial Service Exports (current US$) Data unavailable
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How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Cuba’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary