Wednesday, December 17, 2014

The Cuban Economy by the Numbers



GDP (purchasing power parity):
$121 billion (2012 est.)
country comparison to the world: 68
$117.3 billion (2011 est.)
$114.1 billion (2010 est.)
note: data are in 2012 US dollars



GDP (official exchange rate):
$72.3 billion (2012 est.)

GDP - real growth rate:
3.1% (2012 est.)
country comparison to the world: 112
2.8% (2011 est.)
2.4% (2010 est.)

GDP - per capita (PPP):
$10,200 (2010 est.)
country comparison to the world: 118
$10,000 (2009 est.)
$10,000 (2008 est.)
note: data are in 2010 US dollars

Gross national saving:
13.4% of GDP (2013 est.)
country comparison to the world: 118
11.1% of GDP (2012 est.)
11.7% of GDP (2011 est.)

GDP - composition, by end use:
household consumption: 52.1%
government consumption: 34.4%
investment in fixed capital: 10%
investment in inventories: -3.4%
exports of goods and services: 26%
imports of goods and services: -19.2%
(2013 est.)

GDP - composition, by sector of origin:
agriculture: 3.8%
industry: 22.3%
services: 73.9% (2013 est.)

Agriculture - products:
sugar, tobacco, citrus, coffee, rice, potatoes, beans; livestock

Industries:
petroleum, nickel, cobalt, pharmaceuticals, tobacco, construction, steel, cement, agricultural machinery, sugar

Labor force:
5.233 million
country comparison to the world: 72
note: state sector 72.3%, non-state sector 27.7% (2013 est.)

Labor force - by occupation:
agriculture: 19.7%
industry: 17.1%
services: 63.2% (2011)

Unemployment rate:
4.3% (2013 est.)
country comparison to the world: 39
3.8% (2012 est.)
note: these are official rates; unofficial estimates are about double the official figures

Government Budget:
revenues: $47.62 billion
expenditures: $50.29 billion (2013 est.)

Taxes and other revenues:
65.9% of GDP (2013 est.)
country comparison to the world: 2

Budget surplus (+) or deficit (-):
-3.7% of GDP (2013 est.)
country comparison to the world: 140

Public debt:
35.9% of GDP (2013 est.)
country comparison to the world: 105
35.8% of GDP (2012 est.)

Inflation rate (consumer prices):

6% (2013 est.)
country comparison to the world: 172
5.5% (2012 est.)

Stock of narrow money:

$11.21 billion (31 December 2013 est.)
country comparison to the world: 74
$10.97 billion (31 December 2012 est.)

Stock of broad money:
$24.63 billion (31 December 2013 est.)
country comparison to the world: 78
$24.08 billion (31 December 2012 est.)

Exports - commodities:

petroleum, nickel, medical products, sugar, tobacco, fish, citrus, coffee
Exports - partners:
Canada 17.7%, China 16.9%, Venezuela 12.5%, Netherlands 9%, Spain 5.9% (2012)
Imports:

$13.6 billion (2013 est.)
country comparison to the world: 89
$13.72 billion (2012 est.)

Imports - commodities:
petroleum, food, machinery and equipment, chemicals
Imports - partners:
Venezuela 38.3%, China 10.8%, Spain 8.9%, Brazil 5.2%, US 4.3% (2012)

Reserves of foreign exchange and gold:
$4.993 billion (31 December 2013 est.)
country comparison to the world: 96
$4.693 billion (31 December 2012 est.)

Exchange rates:
Cuban pesos (CUP) per US dollar -
1 (2013 est.)
1 (2012 est.)
0.9259 (2010 est.)
0.9259 (2009)
0.9259 (2008)

(via CIA Factbook)

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