Nominal GDP
$107.35B
current US$ · 2020
World Bank
🇨🇺
Economy Snapshot
Cuba Economy and Trade
HavanaLocal time
GDP $107.35B · real growth -1.1% · latest verified annual data
On this page, Cuba's nominal GDP is $107.35B for 2020, and its separately dated real-growth series shows -1.1% for 2024. GDP per capita is $9,605 for 2020; no comparable CPI observation is inserted where the page has not verified one. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.
GDP per capita
$9,605
current US$ · 2020
Source listed below
Real GDP growth
-1.1%
annual % · 2024
Source listed below
Inflation
Unavailable
CPI annual % · No comparable observation
Source listed below
Cuba at a Glance
Each measure keeps its own definition and reference year.
Output trend
Nominal GDP · annual observations · current US$ · World Bank
2015: $87.13B2016: $91.37B2017: $96.85B2018: $100.05B2019: $103.43B2020: $107.35B
GDP per capita$9,605
Real growth-1.1%
GDP year2025
2025 Unemployment
1.7%
labor-market measure
2025 GDP per capita
$9,605.3
current US$
Macro signals
Available measures are shown with their reported reference periods.
Macro signals
World Bank annual observations
Real growth2025-1.1%
Unemployment20251.7%
Inflation · No comparable observationUnavailable
Understand the numbers
What Cuba's economic profile is telling you
Cuba's latest World Bank profile shows a contraction in real output in 2025, with nominal GDP of about $107 billion. A current CPI observation is not published in the same World Bank country profile, so inflation is left unavailable rather than replaced with a different definition.
Comparable current merchandise totals were not independently resolved from the preferred WTO source during this pass, so no goods balance is calculated.
Reading the macro data
GDP measures current-dollar economic size. Real growth, inflation and unemployment measure different economic conditions and should not be treated as interchangeable signals.
Reading the trade data
Merchandise exports and imports cover goods. They are kept separate from services and current-account measures.
Detailed Economic Data
| Indicator | Cuba | Reference period | Status |
|---|---|---|---|
| GDPcurrent US$ | $107.35B | 2020 | Actual |
| GDP per capitacurrent US$ | $9,605.3 | 2020 | Actual |
| Real GDP growthannual % | -1.1% | 2024 | Actual |
| InflationCPI annual % | Unavailable | No comparable observation | Unavailable |
| Unemploymentmodeled ILO estimate | 1.7% | 2025 | Estimate |
| Merchandise balancematched year required | Not calculated | Unavailable | Unavailable |
Frequently Asked Questions
What is Cuba's GDP?
Cuba's nominal GDP observation used here is $107.35B for 2020 in current US dollars.
How fast is Cuba's economy growing?
World Bank annual data show real GDP growth of -1.1% for 2024.
What does merchandise trade show for Cuba?
A matched merchandise export and import pair was not independently resolved, so no goods balance is calculated.
Sources & methodology
Sources for the economic indicators and definitions shown above.
View sources used for this page
Core macroeconomic indicators.
Official data: GDP · GDP per capita · Real growth · Inflation · Unemployment
Matched-year merchandise trade where independently resolved.
Official data: WTO economy profiles