The Gross Domestic Product (GDP) in Cuba expanded 1.70 percent in the second quarter of 2022, easing sharply from 10.9 percent expansion in the previous three-month period and marking its weakest growth since the third quarter of 2019. source: National Office of Statistics, Republic of Cuba
GDP Annual Growth Rate in Cuba averaged 1.10 percent from 2011 until 2022, reaching an all time high of 10.90 percent in the fourth quarter of 2021 and a record low of -20.50 percent in the second quarter of 2020. This page provides - Cuba GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cuba GDP Annual Growth Rate - values, historical data and charts - was last updated on February of 2023.
GDP Annual Growth Rate in Cuba is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba GDP Annual Growth Rate is projected to trend around 3.00 percent in 2023 and 2.70 percent in 2024, according to our econometric models.