Economic Policy & Debt · Cuba
Cuba: Households and NPISHs final consumption expenditure per capita (constant 2015 US$)
Yearly data from 1970 to 2024, from the World Bank.
Economic Policy & Debt · Cuba
Yearly data from 1970 to 2024, from the World Bank.
Cuba's households and NPISHs final consumption expenditure per capita (constant 2015 US$) was US$4,443 in 2024, the latest year in the World Bank's World Development Indicators. That is up 10.86% from US$4,008 in 2014 (1.04% a year on average, compounded).
| Value | Year | |
|---|---|---|
| Latest | US$4,443 | 2024 |
| Five years earlier | US$4,652 | 2019 |
| Ten years earlier | US$4,008 | 2014 |
| Highest | US$4,682 | 2018 |
| Lowest | US$1,639 | 1970 |
| Average since 2015 | US$4,426 | 2015–2024 |
| First recorded | US$1,639 | 1970 |
Over five years it is down 4.5% from US$4,652 in 2019 (0.92% a year on average, compounded). Since 1970 it is up 171.11% from US$1,639 in 1970 (1.86% a year on average, compounded).
In 2024, Cuba's households and NPISHs final consumption expenditure per capita (constant 2015 US$) rose US$22.16 on 2023 (from US$4,421 to US$4,443).
Across the 30 yearly changes before that (1994 to 2023), the average change was +US$81.82 and a typical year strayed about US$144.98 from that (the standard deviation). This year's change was 0.4 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$501.95 in 2006 and the biggest yearly fall was US$501.39 in 1992. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 8% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
In 2024, Cuba had the 18th highest value of the 30 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Cuba | US$4,443 | 2024 |
| World | US$6,801 | 2024 |
| Latin America & Caribbean | US$6,410 | 2025 |
| Upper middle income | US$4,884 | 2024 |
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.
Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Household final consumption expenditure is often estimated as a residual, by subtracting all other known expenditures from GDP. The resulting aggregate may incorporate fairly large discrepancies.
Regional and income-group figures are computed by the World Bank as a weighted average.
| Year | Households and NPISHs final consumption expenditure per capita (constant 2015 US$) |
|---|---|
| 2024 | 4,443 |
| 2023 | 4,421 |
| 2022 | 4,275 |
| 2021 | 4,165 |
| 2020 | 4,258 |
| 2019 | 4,652 |
| 2018 | 4,682 |
| 2017 | 4,571 |
| 2016 | 4,488 |
| 2015 | 4,306 |
| 2014 | 4,008 |
| 2013 | 3,828 |
| 2012 | 3,638 |
| 2011 | 3,524 |
| 2010 | 3,477 |
| 2009 | 3,224 |
| 2008 | 3,196 |
| 2007 | 3,255 |
| 2006 | 3,209 |
| 2005 | 2,707 |
| 2004 | 2,703 |
| 2003 | 2,669 |
| 2002 | 2,520 |
| 2001 | 2,475 |
| 2000 | 2,391 |
| 1999 | 2,350 |
| 1998 | 2,243 |
| 1997 | 2,209 |
| 1996 | 2,166 |
| 1995 | 2,092 |
| 1994 | 2,069 |
| 1993 | 1,966 |
| 1992 | 2,229 |
| 1991 | 2,730 |
| 1990 | 3,066 |
| 1989 | 3,313 |
| 1988 | 3,293 |
| 1987 | 3,249 |
| 1986 | 3,216 |
| 1985 | 3,212 |
| 1984 | 3,284 |
| 1983 | 3,056 |
| 1982 | 2,915 |
| 1981 | 2,678 |
| 1980 | 2,252 |
| 1979 | 2,385 |
| 1978 | 2,369 |
| 1977 | 2,235 |
| 1976 | 2,072 |
| 1975 | 1,985 |
| 1974 | 1,835 |
| 1973 | 1,840 |
| 1972 | 1,804 |
| 1971 | 1,749 |
| 1970 | 1,639 |
Every indicator for Cuba is on the Cuba data page.
World Bank, World Development Indicators, indicator NE.CON.PRVT.PC.KD, 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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