11, Feb 2012, CET. 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: 2010 › Change year
Number of Indicators Listed:
Full Dataset: From Year 1980 to 2016
Date of Last Update: 1st August 2011
Population: 11,087,330 (July 2011 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 third Sunday in March; ends last Sunday in October
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International

Cuba is the most populous nation in the Caribbean. It has a dual economy, with two distinct systems operating side by side. The socialist peso economy provides the population with free education, health care, universal employment, unemployment compensation, disability and retirement benefits and the basic necessities of life at very low cost. The free-market dollarized economy operates in the tourist, international and export sectors, and substantially sustains the socialist economy. The Cuban Government continues to adhere to socialist principles in organizing its state-controlled economy; most of the means of production are owned and run by the government.
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