Browse additional economic indicators and data sets


Includes Cuba real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Cuba’s economic outlook, debt to GDP ratio, international trade performance and population trends.

Basic Information

Government Type: Communist state

Capital City: Havana

GDP & Economic Information

Macroeconomy & Sovereign Data

Central Bank Central Bank of Cuba
Currency Cuban pesos (CUP)
International Reserves N/A
Gross Domestic Product – GDP N/A
GDP (Purchasing Power Parity) N/A

GDP Data

Real GDP growth 2007 N/A
2008 N/A
2009 N/A
2010 N/A
2011 N/A
2012 N/A
2013 N/A
2014 N/A
GDP per capita – current prices N/A
GDP per capita – PPP N/A
GDP (PPP) – share of world total 1980 N/A
1990 N/A
2000 N/A
2010 N/A
2018 N/A
GDP – composition by sector agriculture: 3.8%
industry: 24.4%
services: 70.8%
(2017 estimate)
Gross domestic expenditure on R&D; (% of GDP) N/A
Inflation 2015 N/A
2016 N/A
2017 N/A
2018 N/A
2019 N/A


Inflation & Debt

Inflation 2015 N/A
2016 N/A
2017 N/A
2018 N/A
2019 N/A

Government Bond Ratings
Standard & Poor’s: N/A

Moody’s: Caa2

Standard & Poor’s / Moody’s
Unemployment rate 2015 N/A
2016 N/A
2017 N/A
2018 N/A
2019 N/A

Household saving rates N/A
Public debt (General government gross debt as a % of GDP) 2015 N/A
2016 N/A
2017 N/A
2018 N/A
2019 N/A

Public deficit (General government net lending/borrowing as a % of GDP) 2015 N/A
2016 N/A
2017 N/A
2018 N/A
2019 N/A

Market value of publicly traded shares 2016 N/A
2017 N/A
2018 N/A
Largest Companies N/A


Exports as percent of GDP (Exports of goods and services) 14.5% (2017)
Shares in world total merchandising export 0.01% (2018)​
Shares in world total commercial services export 0.19% (2018)
Total exports USD 12.8 billion (2018 estimate)
Export commodities Petroleum, nickel, medical products, sugar, tobacco, fish, citrus, coffee
Total imports USD 11.7 billion (2018 estimate)
Import commodities Petroleum, food, machinery and equipment, chemicals
Exports – major partners Venezuela 17.8%, Spain 12.2%, Russia 7.9%, Lebanon 6.1%, Indonesia 4.5%, Germany 4.3%(2017)
Imports – major partners China 22%, Spain 14%, Russia 5%, Brazil 5%, Mexico 4.9%, Italy 4.8%, US 4.5% (2017)

Competitiveness & Trade

Current account balance N/A
Current account balance by percentage of GDP N/A
FDI inflows 2016 N/A
2017 N/A
2018 N/A
FDI Outflows 2016 N/A
2017 N/A
2018 N/A
Value of cross-border M&A, by country of purchaser 2016 N/A
2017 N/A
2018 N/A
Cross-border M&A deals worth over $3 billion completed in 2014 N/A
Cross-border M&A deals worth over $3 billion completed in 2015 N/A
Best countries for doing business N/A
Global competitiveness ranking N/A
Index of Economic Freedom N/A

Population & Geographic Data

Total Area 110,860 sq km

Total Population 1990 N/A
2000 N/A
2010 N/A
2015 N/A
2020 N/A
Urban population as % of total population 1960 N/A
1980 N/A
2000 N/A
2018 N/A
Population median age 41.8 years
Population growth rate -0.27% (2018 estimate)
Life expectancy 78.9 years (2018 estimate)
% of population living on less than $3.10 a day N/A
Inequality of wealth distribution (Gini index) N/A
Freedom House rating Not Free
Political Rights: 7
Civil Liberties: 6 (2019)
(1 represents the most free, 7 the least free rating)
Total telephone subscribers as % of population
Fixed: 12.7%

Mobile: 47.4%


(fixed-telephone subscribers and mobile-cellular subscribers)
Internet users as % of total population 57.15 % (2017)

Language & Religon

Languages Spanish (official)
Literacy Total population: 99.8%
Male: 99.9%
Female: 99.8%
Definition: age 15 and over can read and write (2015 est.)
Religions Christian 59.2%, folk 17.4%, other .4%, none 23% (2010 est.)

World Rankings

Population N/A
Mercer Cost of living index Havana: 133rd (2019)
C02 Emissions per capita 3.08 metric tons per capita (2014)

Global Finance Rankings & Awards: Cuba

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000