GERD as a percentage of GDP in Cuba

Cuba: GERD as a percentage of GDP was 0.4% in 2024. ▼ Falling

Latest (2024)
0.4%
Change on year
up 11.8%
World rank
62nd
of 116 countries
All-time high
0.6%
in 2009
All-time low
0.3%
in 2011
Years of data
29
1996–2024

GERD as a percentage of GDP in Cuba, 1996–2024

00.20.40.61996201020241996: 0.3471997: 0.4021998: 0.5011999: 0.4582000: 0.4792001: 0.5652002: 0.5642003: 0.5822004: 0.6022005: 0.5492006: 0.4412007: 0.4362008: 0.5012009: 0.6152010: 0.6082011: 0.2722012: 0.4072013: 0.4752014: 0.4162015: 0.4292016: 0.3422017: 0.4312018: 0.5372019: 0.5532020: 0.5182021: 0.3232022: 0.362023: 0.3922024: 0.438

Source: UNESCO Institute for Statistics.

Analysis

The most recent figure for gerd as a percentage of gdp in Cuba is 0.4%, measured in 2024.

Compared with earlier readings it is up 11.8% on the previous year and up 5.4% over ten years.

Over the whole period, gerd as a percentage of gdp in Cuba peaked at 0.6% in 2009 and was at its lowest, 0.3%, in 2011.

That places Cuba 62nd out of 116 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 29 years of available data.

GERD as a percentage of GDP in Cuba, year by year

Annual values for GERD as a percentage of GDP in Cuba, 1996 to 2024.
Year Value Change
1996 0.3% —
1997 0.4% +15.6%
1998 0.5% +24.8%
1999 0.5% -8.6%
2000 0.5% +4.4%
2001 0.6% +18.1%
2002 0.6% -0.2%
2003 0.6% +3.2%
2004 0.6% +3.4%
2005 0.5% -8.8%
2006 0.4% -19.6%
2007 0.4% -1.2%
2008 0.5% +14.8%
2009 0.6% +22.8%
2010 0.6% -1.2%
2011 0.3% -55.3%
2012 0.4% +49.7%
2013 0.5% +16.6%
2014 0.4% -12.4%
2015 0.4% +3.0%
2016 0.3% -20.1%
2017 0.4% +25.8%
2018 0.5% +24.7%
2019 0.6% +3.0%
2020 0.5% -6.3%
2021 0.3% -37.7%
2022 0.4% +11.6%
2023 0.4% +8.8%
2024 0.4% +11.8%

Cuba compared with similar countries

  • Cuba's 0.4% is above the median for upper middle income countries, which is 0.3%, 1.5× the median. (36 countries reporting)
  • Cuba's 0.4% is above the median for Latin America & Caribbean, which is 0.2%, 1.9× the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4% 0.3% 0.5% 4
2000s 0.5% 0.4% 0.6% 10
2010s 0.4% 0.3% 0.6% 10
2020s 0.4% 0.3% 0.5% 5

Countries ranked near Cuba

  1. 59 Romania 0.5% compare
  2. 60 Palestine 0.5% compare
  3. 61 Algeria 0.4% compare
  4. 62 Ecuador 0.4% compare
  5. 64 Uganda 0.4% compare
  6. 65 Vietnam 0.4% compare

See the full ranking of 166 places →

More science & technology data for Cuba

All data for Cuba →

Frequently asked questions

What is gerd as a percentage of gdp in Cuba?
Gerd as a percentage of gdp in Cuba was 0.4% in 2024, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in Cuba?
The highest recorded value was 0.6% in 2009.
What is the lowest gerd as a percentage of gdp recorded in Cuba?
The lowest recorded value was 0.3% in 2011.
How does Cuba rank for gerd as a percentage of gdp?
Cuba ranks 62nd out of 116 countries with data for 2024.
Is gerd as a percentage of gdp rising or falling in Cuba?
Over the last ten years it is up 5.4%. The long-run trend across the full record is falling.
Where does this Cuba data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in Cuba. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 08 November 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/cuba/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release