Merchandise exports (current US$), per unit of GDP in Cuba
Cuba: Merchandise exports (current US$), per unit of GDP was 0.0159 current US$ per US$ of GDP in 2020. ◆ Volatile
Merchandise exports (current US$), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Cuba recorded 0.0159 current US$ per US$ of GDP for merchandise exports (current us$), per unit of gdp in 2020. That is the lowest value across all 51 years on record.
The figure is down 20.4% on the previous year and down 80.8% over ten years.
Over the whole period, merchandise exports (current us$), per unit of gdp in Cuba peaked at 0.2897 current US$ per US$ of GDP in 1983 and was at its lowest, 0.0159 current US$ per US$ of GDP, in 2020.
That places Cuba 195th out of 203 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports (current US$), per unit of GDP in Cuba, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.1837 current US$ per US$ of GDP | — |
| 1971 | 0.1244 current US$ per US$ of GDP | -32.3% |
| 1972 | 0.1026 current US$ per US$ of GDP | -17.5% |
| 1973 | 0.1412 current US$ per US$ of GDP | +37.5% |
| 1974 | 0.2332 current US$ per US$ of GDP | +65.2% |
| 1975 | 0.2823 current US$ per US$ of GDP | +21.0% |
| 1976 | 0.2591 current US$ per US$ of GDP | -8.2% |
| 1977 | 0.2816 current US$ per US$ of GDP | +8.7% |
| 1978 | 0.2514 current US$ per US$ of GDP | -10.7% |
| 1979 | 0.2465 current US$ per US$ of GDP | -2.0% |
| 1980 | 0.2801 current US$ per US$ of GDP | +13.6% |
| 1981 | 0.2683 current US$ per US$ of GDP | -4.2% |
| 1982 | 0.2825 current US$ per US$ of GDP | +5.3% |
| 1983 | 0.2897 current US$ per US$ of GDP | +2.5% |
| 1984 | 0.2585 current US$ per US$ of GDP | -10.8% |
| 1985 | 0.261 current US$ per US$ of GDP | +1.0% |
| 1986 | 0.26 current US$ per US$ of GDP | -0.4% |
| 1987 | 0.2142 current US$ per US$ of GDP | -17.6% |
| 1988 | 0.201 current US$ per US$ of GDP | -6.2% |
| 1989 | 0.1981 current US$ per US$ of GDP | -1.4% |
| 1990 | 0.178 current US$ per US$ of GDP | -10.1% |
| 1991 | 0.1151 current US$ per US$ of GDP | -35.3% |
| 1992 | 0.0724 current US$ per US$ of GDP | -37.1% |
| 1993 | 0.0447 current US$ per US$ of GDP | -38.3% |
| 1994 | 0.0487 current US$ per US$ of GDP | +8.9% |
| 1995 | 0.0526 current US$ per US$ of GDP | +8.0% |
| 1996 | 0.0805 current US$ per US$ of GDP | +53.2% |
| 1997 | 0.0714 current US$ per US$ of GDP | -11.3% |
| 1998 | 0.0587 current US$ per US$ of GDP | -17.8% |
| 1999 | 0.0527 current US$ per US$ of GDP | -10.2% |
| 2000 | 0.0548 current US$ per US$ of GDP | +4.0% |
| 2001 | 0.0524 current US$ per US$ of GDP | -4.4% |
| 2002 | 0.0423 current US$ per US$ of GDP | -19.3% |
| 2003 | 0.047 current US$ per US$ of GDP | +11.1% |
| 2004 | 0.061 current US$ per US$ of GDP | +29.8% |
| 2005 | 0.0544 current US$ per US$ of GDP | -10.9% |
| 2006 | 0.0647 current US$ per US$ of GDP | +19.0% |
| 2007 | 0.0734 current US$ per US$ of GDP | +13.4% |
| 2008 | 0.0703 current US$ per US$ of GDP | -4.2% |
| 2009 | 0.0538 current US$ per US$ of GDP | -23.5% |
| 2010 | 0.0825 current US$ per US$ of GDP | +53.4% |
| 2011 | 0.0933 current US$ per US$ of GDP | +13.1% |
| 2012 | 0.0807 current US$ per US$ of GDP | -13.6% |
| 2013 | 0.0685 current US$ per US$ of GDP | -15.1% |
| 2014 | 0.0602 current US$ per US$ of GDP | -12.1% |
| 2015 | 0.0384 current US$ per US$ of GDP | -36.2% |
| 2016 | 0.0254 current US$ per US$ of GDP | -34.0% |
| 2017 | 0.0248 current US$ per US$ of GDP | -2.2% |
| 2018 | 0.0237 current US$ per US$ of GDP | -4.4% |
| 2019 | 0.0199 current US$ per US$ of GDP | -15.9% |
| 2020 | 0.0159 current US$ per US$ of GDP | -20.4% |
Cuba compared with similar countries
- Cuba's 0.0159 current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.1923 current US$ per US$ of GDP, 8% of the median. (58 countries reporting)
- Cuba's 0.0159 current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.1268 current US$ per US$ of GDP, 13% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2106 current US$ per US$ of GDP | 0.1026 current US$ per US$ of GDP | 0.2823 current US$ per US$ of GDP | 10 |
| 1980s | 0.2513 current US$ per US$ of GDP | 0.1981 current US$ per US$ of GDP | 0.2897 current US$ per US$ of GDP | 10 |
| 1990s | 0.0775 current US$ per US$ of GDP | 0.0447 current US$ per US$ of GDP | 0.178 current US$ per US$ of GDP | 10 |
| 2000s | 0.0574 current US$ per US$ of GDP | 0.0423 current US$ per US$ of GDP | 0.0734 current US$ per US$ of GDP | 10 |
| 2010s | 0.0517 current US$ per US$ of GDP | 0.0199 current US$ per US$ of GDP | 0.0933 current US$ per US$ of GDP | 10 |
| 2020s | 0.0159 current US$ per US$ of GDP | 0.0159 current US$ per US$ of GDP | 0.0159 current US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 192 Tonga 0.0191 current US$ per US$ of GDP compare
- 193 Samoa 0.0186 current US$ per US$ of GDP compare
- 194 Haiti 0.0173 current US$ per US$ of GDP compare
- 196 Antigua and Barbuda 0.0137 current US$ per US$ of GDP compare
- 197 Cayman Islands 0.0088 current US$ per US$ of GDP compare
- 198 Palau 0.0087 current US$ per US$ of GDP compare
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$), annual growth rate 0.809 % change on previous year (2025)
- Merchandise imports (current US$), per capita 799.66 current US$ per person (2025)
Frequently asked questions
- What is merchandise exports (current us$), per unit of gdp in Cuba?
- Merchandise exports (current us$), per unit of gdp in Cuba was 0.0159 current US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest merchandise exports (current us$), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.2897 current US$ per US$ of GDP in 1983.
- What is the lowest merchandise exports (current us$), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.0159 current US$ per US$ of GDP in 2020.
- How does Cuba rank for merchandise exports (current us$), per unit of gdp?
- Cuba ranks 195th out of 203 countries with data for 2020.
- Is merchandise exports (current us$), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 80.8%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Merchandise exports (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Merchandise exports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise exports (current US$) ÷ GDP (current US$)
Computed from
- Merchandise exports World Trade Organization (WTO)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise exports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.