Import value index in Cuba
Cuba: Import value index was 74.8 2015 = 100 in 2024. ▼ Falling
Import value index in Cuba, 2005–2024
Source: UN Conference on Trade and Development (UNCTAD). Measured in 2015 = 100.
Analysis
In 2024, import value index in Cuba stood at 74.8 2015 = 100.
That represents a change of down 2.5% on the previous year and down 32.9% over ten years.
Over the whole period, import value index in Cuba peaked at 131.4 2015 = 100 in 2008 and was at its lowest, 61.8 2015 = 100, in 2020.
That places Cuba 192nd out of 204 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Import value index in Cuba, year by year
| Year | 2015 = 100 | Change |
|---|---|---|
| 2005 | 69.1 2015 = 100 | — |
| 2006 | 87.7 2015 = 100 | +26.9% |
| 2007 | 93 2015 = 100 | +6.0% |
| 2008 | 131.4 2015 = 100 | +41.3% |
| 2009 | 82.2 2015 = 100 | -37.4% |
| 2010 | 98.2 2015 = 100 | +19.5% |
| 2011 | 121.7 2015 = 100 | +23.9% |
| 2012 | 118.5 2015 = 100 | -2.6% |
| 2013 | 125.7 2015 = 100 | +6.1% |
| 2014 | 111.4 2015 = 100 | -11.4% |
| 2015 | 100 2015 = 100 | -10.2% |
| 2016 | 87.8 2015 = 100 | -12.2% |
| 2017 | 86.9 2015 = 100 | -1.0% |
| 2018 | 98.1 2015 = 100 | +12.9% |
| 2019 | 84.6 2015 = 100 | -13.8% |
| 2020 | 61.8 2015 = 100 | -27.0% |
| 2021 | 72 2015 = 100 | +16.5% |
| 2022 | 84 2015 = 100 | +16.7% |
| 2023 | 76.7 2015 = 100 | -8.7% |
| 2024 | 74.8 2015 = 100 | -2.5% |
Cuba compared with similar countries
- Cuba's 74.8 2015 = 100 is below the median for upper middle income countries, which is 155.5 2015 = 100, 48% of the median. (56 countries reporting)
- Cuba's 74.8 2015 = 100 is below the median for Latin America & Caribbean, which is 141.05 2015 = 100, 53% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 92.68 2015 = 100 | 69.1 2015 = 100 | 131.4 2015 = 100 | 5 |
| 2010s | 103.29 2015 = 100 | 84.6 2015 = 100 | 125.7 2015 = 100 | 10 |
| 2020s | 73.86 2015 = 100 | 61.8 2015 = 100 | 84 2015 = 100 | 5 |
Countries ranked near Cuba
More private sector data for Cuba
- Merchandise trade 8.3% (2020)
- Food imports 25.2% (2022)
- Manufactures imports 38.3% (2022)
- Merchandise imports 8.75 billion current US$ (2025)
- Food exports 30.7% (2022)
- Manufactures exports 7.8% (2022)
- Merchandise exports 1.62 billion current US$ (2025)
- Merchandise exports (current US$), per capita 148.12 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0159 current US$ per US$ of GDP (2020)
- Merchandise exports (current US$), annual growth rate 0.809 % change on previous year (2025)
Frequently asked questions
- What is import value index in Cuba?
- Import value index in Cuba was 74.8 2015 = 100 in 2024, according to UN Conference on Trade and Development (UNCTAD).
- What is the highest import value index recorded in Cuba?
- The highest recorded value was 131.4 2015 = 100 in 2008.
- What is the lowest import value index recorded in Cuba?
- The lowest recorded value was 61.8 2015 = 100 in 2020.
- How does Cuba rank for import value index?
- Cuba ranks 192nd out of 204 countries with data for 2024.
- Is import value index rising or falling in Cuba?
- Over the last ten years it is down 32.9%. The long-run trend across the full record is falling.
- Where does this Cuba data come from?
- The figures come from UN Conference on Trade and Development (UNCTAD), published as part of Import value index (2015 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.