Cuba: Adjusted savings, carbon dioxide damage (% of GNI)

Key figures

What the numbers say

In 2019, Cuba's adjusted savings, carbon dioxide damage (% of GNI) fell 0.02 percentage points on 2018 (from 1.06% to 1.04%).

Across the 28 yearly changes before that (1991 to 2018), the average change was −0.02 percentage points and a typical year strayed about 0.12 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 0.44 percentage points in 1996 and the biggest yearly fall was 0.17 percentage points in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2010 to 2019 the straight-line trend is downward, about 0.03 percentage points a year. A straight line explains 84% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about 0.93% for 2022. We show this only because the same method, fitted on earlier years, predicted 2017 to 2019 better than "no change" would have: its average miss was 0.03%, against 0.04% for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

Closest to Cuba in the 2019 ranking

• Turkmenistan — 1st of 4: 6.82%
• Kuwait — 2nd of 4: 2.45%
• Liechtenstein — 4th of 4: 0.1%

What this measures

Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 30 values

Adjusted savings, carbon dioxide damage (% of GNI) in nearby economies

• Antigua and Barbuda — 1.25% (2021)
• Argentina — 1.57% (2021)
• Aruba — 1.9% (2021)
• Bahamas, The — 1.04% (2021)
• Barbados — 0.93% (2021)
• Belize — 1.17% (2021)
• Bolivia — 2.48% (2021)
• Brazil — 1.27% (2021)
• Cayman Islands — 0.69% (2020)
• Chile

More economic policy & debt data for Cuba

• Grants, excluding technical cooperation (BoP, current US$) — US$139.62 million (2023)
• Technical cooperation grants (BoP, current US$) — US$18.29 million (2023)
• Net official development assistance and official aid received (current US$) — US$167.15 million (2023)
• Net official development assistance and official aid received (constant 2023 US$) — US$167.15 million (2023)
• Net official development assistance received (current US$) — US$167.15 million (2023)
• Net official development assistance received (constant 2023 US$) — US$167.15 million (2023)
• Net ODA received per capita (current US$) — US$15.17 (2023)
• Net bilateral aid flows from DAC donors, Total (current US$) — US$92.95 million (2023)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Cuba's adjusted savings, carbon dioxide damage (% of GNI)?

1.04% in 2019, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is down 0.5 percentage points from 1.54% in 1990. The highest value was 1.84% in 1998 and the lowest 1.03% in 2017.

Is the latest change in adjusted savings, carbon dioxide damage (% of GNI) unusual for Cuba?

Source

World Bank, World Development Indicators, indicator NY.ADJ.DCO2.GN.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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