Cuba: Agriculture, forestry, and fishing, value added (current US$)

Key figures

What the numbers say

In 2020, Cuba's agriculture, forestry, and fishing, value added (current US$) fell 19.6% on 2019 (from US$3.69 billion to US$2.97 billion).

Across the 30 yearly changes before that (1990 to 2019), the average change was +0.8% and a typical year strayed about 10.9% from that (the standard deviation). This year's change was 1.9 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 27.5% in 2007 and the biggest yearly fall was 22% in 1993. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2011 to 2020 the straight-line trend is upward, about US$96.78 million a year. A straight line explains 45% 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.

How it compares

See how every economy compares in the full ranking.

Closest to Cuba in the 2020 ranking

• French Polynesia — 2nd of 2: US$123.52 million

What this measures

Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Limitations: Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money. Agricultural production often must be estimated indirectly, using a combination of methods involving estimates of inputs, yields, and area under cultivation. This approach sometimes leads to crude approximations that can differ from the true values over time and across crops for reasons other than climate conditions or farming techniques.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 51 values

Agriculture, forestry, and fishing, value added (current US$) in nearby economies

• Antigua and Barbuda — US$34.74 million (2025)
• Argentina — US$37.79 billion (2025)
• Aruba — US$1.48 million (2023)
• Bahamas, The — US$81.5 million (2024)
• Barbados — US$118.12 million (2024)
• Belize — US$254.62 million (2024)
• Bolivia — US$4.84 billion (2024)
• Brazil — US$138.76 billion (2025)
• Cayman Islands — US$35.15 million (2024)

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

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Questions people ask

What is Cuba's agriculture, forestry, and fishing, value added (current US$)?

US$2.97 billion in 2020, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 329.67% from US$690.07 million in 1970 (2.96% a year on average, compounded). The highest value was US$3.78 billion in 2018 and the lowest US$690.07 million in 1970.

Is the latest change in agriculture, forestry, and fishing, value added (current US$) unusual for Cuba?

In 2020, Cuba's agriculture, forestry, and fishing, value added (current US$) fell 19.6% on 2019 (from US$3.69 billion to US$2.97 billion). Across the 30 yearly changes before that (1990 to 2019), the average change was +0.8% and a typical year strayed about 10.9% from that (the standard deviation). This year's change was 1.9 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NV.AGR.TOTL.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, 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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