Cuba GDP from Industry
Industry (including construction) value added as a share of GDP.
GDP from Industry in Cuba decreased to 23.85 percent of GDP in 2024 from 24.50 percent of GDP in 2023.
Cuba GDP from Industry — History
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Cuba GDP from Industry — analysis in simple words
Latest reading
GDP from Industry in Cuba decreased to 23.85 percent of GDP in 2024 from 24.50 percent of GDP in 2023.
Over the last three years it rose twice and fell once.
Recent trend
A year earlier (2023) it was 24.5%, so the latest figure is 0.6 percentage points lower.
Over the past five years the average was 23.7%, with a range from 23.0% to 24.5%. The latest value is above that five-year average.
Historical context
This data series starts in 1970 and has 55 annual observations. The latest reading is higher than 80% of all of them.
The highest value on record is 27.6% (1997) and the lowest is 16.2% (1987). The long-run average is 20.5%.
Compared with other countries
Among 202 economies with recent data, Cuba ranks 101st from the top. The median across all these economies is 23.6%, so Cuba is above the typical country.
Within Latin America & Caribbean (38 economies with data) it ranks 17th; the regional median is 21.8%.
Statistics
- Latest
- 23.8%2024
- Previous
- 24.5%
- 5-year average
- 23.7%
- Long-run average
- 20.5%since 1970
- All-time high
- 27.6%1997
- All-time low
- 16.2%1987
- Observations
- 55Annual
Recent Data
| Period | Value | Change |
|---|---|---|
| 2024 | 23.8% | ▼ −0.6 pp |
| 2023 | 24.5% | ▲ +0.7 pp |
| 2022 | 23.8% | ▲ +0.4 pp |
| 2021 | 23.3% | ▲ +0.3 pp |
| 2020 | 23.0% | ▼ −1.5 pp |
| 2019 | 24.5% | ▼ −0.3 pp |
| 2018 | 24.9% | ▲ +0.5 pp |
| 2017 | 24.4% | ▲ +1.4 pp |
| 2016 | 22.9% | ▲ +0.6 pp |
| 2015 | 22.4% | ▲ +0.2 pp |
| 2014 | 22.2% | ▼ −1.0 pp |
| 2013 | 23.2% | ▼ −0.2 pp |
| 2012 | 23.4% | ▲ +1.1 pp |
| 2011 | 22.3% | ▼ −0.6 pp |
| 2010 | 22.9% | ▲ +0.3 pp |
| 2009 | 22.6% | ▲ +0.2 pp |
| 2008 | 22.4% | ▼ −0.1 pp |
| 2007 | 22.5% | ▲ +0.3 pp |
| 2006 | 22.2% | ▲ +0.7 pp |
| 2005 | 21.5% | ▼ −0.5 pp |
| 2004 | 22.0% | ▼ −0.5 pp |
| 2003 | 22.5% | ▼ −1.2 pp |
| 2002 | 23.7% | ▼ −1.2 pp |
| 2001 | 24.9% | ▼ −0.7 pp |
| 2000 | 25.5% | ▲ +0.1 pp |
| 1999 | 25.4% | ▼ −0.5 pp |
| 1998 | 25.9% | ▼ −1.7 pp |
| 1997 | 27.6% | ▲ +0.9 pp |
| 1996 | 26.7% | ▲ +8.7 pp |
| 1995 | 18.0% |
GDP from Industry — Cuba vs Peers
Latest available reading for each economy (periods may differ). Cuba highlighted.
More Cuba indicators
Understanding GDP from Industry — a simple guide
What it measures
Value added by industry — mining, manufacturing, construction, electricity, water and gas — as a share of GDP.
How it is calculated
Value added by mining, manufacturing, construction and utilities ÷ GDP × 100.
A share of 25% means a quarter of output comes from industry.
A higher share links the economy more closely to global demand and commodity prices.
A lower share usually means services dominate.
Why it matters for the economy and markets
Industry is often more cyclical than services and more sensitive to global demand and commodity prices.
How to read it
Compare with manufacturing alone to separate factory output from mining and construction.
Data source
World Bank — World Development Indicators (series NV.IND.TOTL.ZS), annual data from 1970 to 2024. Values are shown exactly as published by the source and may be revised later.
How to use the chart
Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.
Frequently asked questions
What is the current gdp from industry of Cuba?
What is the highest and lowest gdp from industry of Cuba?
What does gdp from industry measure?
Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.