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COUNTRY OUTLOOK / CU

Cuba

Unverified rate framework · ISO:CU

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Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalHavana
RegionLatin America & Caribbean
Income groupUpper middle income
CurrencyCuban peso
GDP$107.35B2020 · current US$
Real GDP growth-1.06%2024 · annual %
Population10.94M2025 · people
GDP per capita$9,605.282020 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2024 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Cuba's largest reported broad sector is services in 2024.

Monetary & research context

Policy authorityISO:CU
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

-1.06% · 2024 · annual %

Real GDP growth · annual %-10.95%-3.26%4.44%2013: 2.74760256257211 annual %2014: 1.04757663187654 annual %2015: 4.4383335888395 annual %2016: 0.512843095700745 annual %2017: 1.80979178380274 annual %2018: 2.24794852913217 annual %2019: -0.163087223606624 annual %2020: -10.9494359030206 annual %2021: 1.25448735650322 annual %2022: 1.77465227724316 annual %2023: -1.92937123169681 annual %2024: -1.06173273220524 annual %20132024
View annual observations
YearValue (annual %)
2024-1.062
2023-1.929
20221.775
20211.254
2020-10.949
2019-0.163
20182.248
20171.810
20160.513
20154.438
20141.048
20132.748
World Bank source & definition ↗

Economy

GDP$107.35B2020 · current US$Source & definition ↗
Real GDP growth-1.06%2024 · annual %Source & definition ↗
GDP per capita$9,605.282020 · current US$Source & definition ↗
GDP at purchasing power parityNot availablecurrent international $

People

Population10.94M2025 · peopleSource & definition ↗
Population growth-0.39%2025 · annual %Source & definition ↗
Urban population77.23%2025 · % of populationSource & definition ↗
Life expectancy78.262024 · yearsSource & definition ↗
Unemployment · ILO estimate1.75%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+52.25%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing1.24%2024 · % of GDPSource & definition ↗
Industry including construction23.85%2024 · % of GDPSource & definition ↗
Services73.39%2024 · % of GDPSource & definition ↗
Manufacturing10.68%2024 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services42.47%2024 · % of GDPSource & definition ↗
Imports of goods & services82.39%2024 · % of GDPSource & definition ↗
Current account balanceNot available% of GDP
Foreign direct investment · net inflowsNot available% of GDP

Money & public finance

Consumer inflationNot availableannual %
Central government debtNot available% of GDP
Tax revenueNot available% of GDP
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sectorNot available% of GDP
Total reserves including gold$144.02M1960 · current US$Source & definition ↗

Infrastructure

Internet use70.48%2024 · % of populationSource & definition ↗
Access to electricity100.00%2024 · % of populationSource & definition ↗

Geography

Surface area109,8802023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

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Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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