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Economy of Cuba

Population: 11 million in 20131

GDP: $68 billion in 20112

GDP per capita: $6,051 nominal3 ($18,796 PPP4) in 2011

GDP growth rate: 2.7% in 20115


GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Other activities28,74249.8%
Wholesale, retail trade, restaurants and hotels8,80815.3%
Transport, storage and communication5,4339.4%
Agriculture, hunting, forestry, fishing2,8855.0%
Mining and utilities1,9143.3%
Total value added57,716100%


Unemployment rate: 3.2% in 20137

Employment by Industry 20118

Employment sectorPercent of total


Top 10 Corporations by Revenue 20139



Household Wealth: N/A

Household Wealth per Adult: N/A

Gini Coefficient: N/A


Central Government

Central Government Revenue: $48 billion (71% of GDP) in 201310

Central Government Expenditure: $50 billion (74% of GDP) in 201310

Central Government Budget Balance: -$2 billion (-3% of GDP) in 201310

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds


Tax Structure

Individual Income Tax Rates and Threshold: N/A

Corporate Tax Rate: N/A

Monetary Policy

Money Supply (M0): N/A

Benchmark Interest Rate: N/A

Total Reserves: N/A

Exchange Rate: 26.5 Cuban Pesos = 1 U.S. Dollar on Feb 3, 201511

Inflation: 6% in 201312

Financial Institutions

Top 10 Financial Institutions by Assets 201313

N/A (data not available at Relbanks.com)

International Accounts

Exports: $6 billion (9% of GDP) in 201314

Imports: $14 billion (21% of GDP) in 201314

Trade Balance: -$8 billion (-12% of GDP) in 201314

Foreign Direct Investment Inflow: N/A

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $88 million (0.1% of GDP) in 201215

Foreign Aid Outflow: N/A


1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: CIA World Factbook (Government budget) Go back
11. Source: XE.com (Exchange rate) Go back
12. Source: CIA World Factbook (Inflation rate) Go back
13. Source: Relbanks.com (Financial institutions by assets) Go back
14. Source: CIA World Factbook (Trade data) Go back
15. Source: World Bank Indicators (Aid data) Go back