Cuba Economic Statistics and Indicators

23, Sep 2018, EDT. Welcome to the Cuba economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Cuba › Change country
National or Regional Currency: Cuban Peso, CUP
Year of data: 2015 › Change year
Number of Indicators Listed:
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 11,047,251 (July 2014 est.)
Area: total: 110,860 sq km ; land: 109,820 sq km ; water: 1,040 sq km
Natural Resources: cobalt, nickel, iron ore, chromium, copper, salt, timber, silica, petroleum, arable land
Capital: name: Havana ; geographic coordinates: 23 07 N, 82 21 W ; time difference: UTC-5 (same time as Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November; note - Cuba has been known to alter the schedule of DST on short notice in an attempt to conserve electricity for lighting

The government continues to balance the need for loosening its socialist economic system against a desire for firm political control. The government in April 2011 held the first Cuban Communist Party Congress in almost 13 years, during which leaders approved a plan for wide-ranging economic changes. Since then, the Cuban government has slowly and incrementally implemented limited economic reforms, including allowing Cubans to buy electronic appliances and cell phones, stay in hotels, and buy and sell used cars. The Cuban government also opened up some retail services to "self-employment," leading to the rise of so-called "cuentapropistas" or entrepreneurs. Recent moves include permitting the private ownership and sale of real estate and new vehicles, allowing private farmers to sell agricultural goods directly to hotels, and expanding categories of self-employment. Despite these reforms, the average Cuban's standard of living remains at a lower level than before the collapse of the Soviet Union and the resulting downturn of the 1990s. Since late 2000, Venezuela has been providing oil on preferential terms, and it currently supplies over 100,000 barrels per day of petroleum products. Cuba has been paying for the oil, in part, with the services of Cuban personnel in Venezuela, including some 30,000 medical professionals.
More on the Cuba Economy
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Economic Indicators for Cuba 2015

Not Available
* Source: IMF
Aggregate Indicators for Cuba
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Cuba
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Cuba
  Natural Resources, Agricultural Products, Land Use and Water Use for Cuba
  Nationality, Ethnic Groups, Languages and Religions for Cuba
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Cuba
  Age Structure, Median Age, Gender and Urbanization for Cuba
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Cuba
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Cuba
  HIV, AIDS and Other Major Infectious Disease Rates for Cuba
  Literacy Rate, Educational Expenditure and School Life Expectancy for Cuba
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Cuba
  Industries and Industrial Growth Production Rate for Cuba
  Labor Force by Occupation for Cuba
  Poverty Line, Gini Index, Household Income and Consumption for Cuba
  National Budget and Public Debt for Cuba
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Cuba
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Cuba
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Cuba
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Cuba
  Foreign Exchange Reserves and Gold Reserves for Cuba
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Cuba
  Exchange Rate Statistics for Cuba
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Cuba
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Cuba
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Cuba
  Television and Radio Statistics (TV Stats, Radio Stats) for Cuba
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Cuba
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Cuba
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Cuba
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Cuba
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Cuba
* Source: CIA
Internet Indicators for Cuba
Indicators
  Number of Internet Users for Cuba
  Internet Penetration Rate for Cuba
  Number of Facebook Accounts for Cuba
  Facebook Penetration Rate for Cuba
* Source: IWS
Economic Freedom Indicators for Cuba
Indicators
  Economic Freedom World Rank for Cuba
  Government Spending for Cuba
  Monetary Freedom for Cuba
  Investment Freedom for Cuba
  Financial Freedom for Cuba
  Property Rights for Cuba
  Economic Freedom Regional Ranking for Cuba
  Freedom from Corruption for Cuba
  Labor Freedom for Cuba
  Tariff Rate for Cuba
  Income Tax Rate for Cuba
  Corporate Tax Rate for Cuba
  Tax Burden % of GDP for Cuba
  Government Expenditure % of GDP for Cuba
  Business Freedom for Cuba
  Trade Freedom for Cuba
  Fiscal Freedom for Cuba
  2016 Score for Cuba
* Source: HFO