Cuba's changes in inventories (current US$) was US$65 million in 2020, the latest year in the World Bank's World Development Indicators. That is down 92.35% from US$850 million in 2010 (22.67% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$65 million | 2020 |
| Five years earlier | US$650 million | 2015 |
| Ten years earlier | US$850 million | 2010 |
| Highest | US$2.26 billion | 2008 |
| Lowest | −US$2.1 billion | 1991 |
| Average since 2011 | US$494.3 million | 2011–2020 |
| First recorded | US$28.69 million |
What the numbers say
In 2020, Cuba's changes in inventories (current US$) fell US$228 million on 2019 (from US$293 million to US$65 million).
Across the 30 yearly changes before that (1990 to 2019), the average change was +US$3.34 million and a typical year strayed about US$710.98 million from that (the standard deviation). This year's change was 0.3 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 US$1.99 billion in 2008 and the biggest yearly fall was US$2.18 billion in 1991. 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 downward, about US$43.79 million a year. A straight line explains 30% 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.
Closest to Cuba in the 2020 ranking
- French Polynesia — 2nd of 2: −US$10.57 million
What this measures
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 51 values
| Year | Changes in inventories (current US$) |
|---|---|
| 2020 | 65,000,000 |
| 2019 | 293,000,000 |
| 2018 | 587,000,000 |
| 2017 | 410,000,000 |
| 2016 | 684,000,000 |
| 2015 | 650,000,000 |
| 2014 | 248,000,000 |
| 2013 | 887,000,000 |
| 2012 | 595,000,000 |
| 2011 | 524,000,000 |
| 2010 |
Changes in inventories (current US$) in nearby economies
- Argentina — US$775.68 million (2025)
- Bahamas, The — US$163.2 million (2024)
- Belize — −US$43.13 million (2024)
- Bolivia — −US$489.26 million (2024)
- Brazil — US$5.4 billion (2025)
- Chile — −US$106.96 million (2025)
- Colombia — US$3.24 billion (2025)
- Costa Rica — −US$483.15 million (2025)
- Curaçao — US$209.78 million (2018)
- Dominican Republic — −US$211.46 million (2025)
- Ecuador
More economic policy & debt data for Cuba
- Grants, excluding technical cooperation (BoP, current US$) — 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$92.95 million (2023)
Reading data like this
Questions people ask
- What is Cuba's changes in inventories (current US$)?
- US$65 million in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 126.6% from US$28.69 million in 1970 (1.65% a year on average, compounded). The highest value was US$2.26 billion in 2008 and the lowest −US$2.1 billion in 1991.
- Is the latest change in changes in inventories (current US$) unusual for Cuba?
- In 2020, Cuba's changes in inventories (current US$) fell US$228 million on 2019 (from US$293 million to US$65 million). Across the 30 yearly changes before that (1990 to 2019), the average change was +US$3.34 million and a typical year strayed about US$710.98 million from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator NE.GDI.STKB.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); 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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