Cuba 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$91.37 billion
↑ 4.86% vs 2015GDP per Capita
$8,110.56
↑ 4.95% vs 2015GDP Growth (Annual %)
0.51%
↓ 3.93pp vs 2015Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $87.13 billion | $91.37 billion | +4.86% |
| GDP per Capita | $7,727.92 | $8,110.56 | +4.95% |
| GDP Growth (Annual %) | 4.44% | 0.51% | -3.93pp |
| Inflation (CPI %) | N/A | N/A | N/A |
| Unemployment Rate (%) | 2.40% | 2.00% | -0.40pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $91.37 billion
- GDP per Capita
- $8,110.56
- GDP Growth (Annual %)
- 0.51%
- Gross National Income
- $90.09 billion
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- 4.33%
- Unemployment Rate (%)
- 2.00%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Cuba's Gross Domestic Product (GDP) is $91.37 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Cuba for 2016 is $8,110.56. GDP per capita is calculated by dividing the country's GDP by its population.
Cuba's annual GDP growth rate for 2016 is 0.51%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Cuba for 2016 is 2.00%. This represents the percentage of the labor force that is unemployed and actively seeking employment.