Cuba's $100 billion economy, growing 2.0% in 2025, relies on tourism, sugar, and nickel, with per capita GDP at $8,900. Tobacco exports lead, but food imports highlight needs amid U.S. sanctions. Economic inefficiencies and shortages challenge its 11 million people. Recent private sector reforms and solar projects boost resilience. Cuba focuses on agricultural innovation and medical exports to alleviate poverty. Leveraging its cultural heritage, it pursues sustainable development despite political isolation. Investments in renewable energy and education aim for long-term stability, navigating hurricane risks and global trade barriers with a resilient economic strategy.
World Bank GDP economic data: 2010-2024. Last updated Oct 2025.
Cuba GDP Statistics by Year
| Year | GDP Size (in billions $) |
| 2025 (projected) | 110 |
| 2024 | n/a |
| 2023 | n/a |
| 2022 | n/a |
| 2021 | n/a |
| 2020 | 107 |
| 2019 | 103 |
| 2018 | 100 |
| 2017 | 97 |
| 2016 | 91 |
| 2015 | 87 |
| 2014 | 81 |
| 2013 | 77 |
| 2012 | 73 |
| 2011 | 69 |
| 2010 | 60 |