cu Cuba 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$107.35 billion

↑ 3.79% vs 2019
GDP per Capita

$9,605.26

↑ 4.04% vs 2019
GDP Growth (Annual %)

-10.95%

↓ 10.79pp vs 2019
Inflation Rate (CPI %)

N/A

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $103.43 billion $107.35 billion +3.79%
GDP per Capita $9,232.26 $9,605.26 +4.04%
GDP Growth (Annual %) -0.16% -10.95% -10.79pp
Inflation (CPI %) N/A N/A N/A
Unemployment Rate (%) 1.71% 2.24% +0.54pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$107.35 billion
GDP per Capita
$9,605.26
GDP Growth (Annual %)
-10.95%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
N/A
Inflation (GDP Deflator %)
16.56%
Unemployment Rate (%)
2.24%
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

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Frequently Asked Questions

As of 2020, Cuba's Gross Domestic Product (GDP) is $107.35 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Cuba for 2020 is $9,605.26. GDP per capita is calculated by dividing the country's GDP by its population.

Cuba's annual GDP growth rate for 2020 is -10.95%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Cuba for 2020 is 2.24%. This represents the percentage of the labor force that is unemployed and actively seeking employment.