Cuba GDP from Manufacturing
Manufacturing value added as a share of GDP.
GDP from Manufacturing in Cuba decreased to 10.68 percent of GDP in 2024 from 11.08 percent of GDP in 2023.
Cuba GDP from Manufacturing — History
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Cuba GDP from Manufacturing — analysis in simple words
Latest reading
GDP from Manufacturing in Cuba decreased to 10.68 percent of GDP in 2024 from 11.08 percent of GDP in 2023.
Over the last three years it rose twice and fell once.
Recent trend
A year earlier (2023) it was 11.1%, so the latest figure is 0.4 percentage points lower.
Over the past five years the average was 10.8%, with a range from 10.5% to 11.2%. The latest value is below that five-year average.
Historical context
This data series starts in 1970 and has 55 annual observations. The latest reading is higher than 45% of all of them.
The highest value on record is 18.3% (1997) and the lowest is 7.1% (1990). The long-run average is 11.4%.
Compared with other countries
Among 194 economies with recent data, Cuba ranks 92nd from the top. The median across all these economies is 10.1%, so Cuba is above the typical country.
Within Latin America & Caribbean (38 economies with data) it ranks 18th; the regional median is 9.9%.
Statistics
- Latest
- 10.7%2024
- Previous
- 11.1%
- 5-year average
- 10.8%
- Long-run average
- 11.4%since 1970
- All-time high
- 18.3%1997
- All-time low
- 7.1%1990
- Observations
- 55Annual
Recent Data
| Period | Value | Change |
|---|---|---|
| 2024 | 10.7% | ▼ −0.4 pp |
| 2023 | 11.1% | ▲ +0.3 pp |
| 2022 | 10.7% | ▲ +0.2 pp |
| 2021 | 10.5% | ▼ −0.7 pp |
| 2020 | 11.2% | ▼ −1.3 pp |
| 2019 | 12.5% | ▼ −0.3 pp |
| 2018 | 12.8% | ▼ −0.7 pp |
| 2017 | 13.5% | ▼ −0.3 pp |
| 2016 | 13.9% | ▼ −1.1 pp |
| 2015 | 14.9% | ▼ −0.2 pp |
| 2014 | 15.1% | ▼ −0.6 pp |
| 2013 | 15.7% | ▼ −0.4 pp |
| 2012 | 16.1% | ▲ +0.8 pp |
| 2011 | 15.3% | ▼ −0.3 pp |
| 2010 | 15.6% | ▲ +0.7 pp |
| 2009 | 15.0% | ▲ +0.3 pp |
| 2008 | 14.7% | ▲ +0.2 pp |
| 2007 | 14.5% | ▲ +1.1 pp |
| 2006 | 13.4% | ▼ −0.5 pp |
| 2005 | 13.9% | ▲ +0.1 pp |
| 2004 | 13.8% | ▼ −0.5 pp |
| 2003 | 14.2% | ▼ −1.1 pp |
| 2002 | 15.4% | ▼ −0.7 pp |
| 2001 | 16.1% | ▼ −0.4 pp |
| 2000 | 16.4% | ▼ −0.2 pp |
| 1999 | 16.6% | ▼ −0.3 pp |
| 1998 | 16.9% | ▼ −1.4 pp |
| 1997 | 18.3% | ▲ +0.7 pp |
| 1996 | 17.7% | ▲ +6.2 pp |
| 1995 | 11.4% |
GDP from Manufacturing — Cuba vs Peers
Latest available reading for each economy (periods may differ). Cuba highlighted.
More Cuba indicators
Understanding GDP from Manufacturing — a simple guide
What it measures
Manufacturing value added as a share of GDP.
How it is calculated
Value added by factories ÷ GDP × 100.
A share of 13% means factories produce about one-eighth of GDP.
A large manufacturing base often supports exports and jobs.
A smaller share can still mean rising output if services grow faster.
Why it matters for the economy and markets
Manufacturing drives exports, productivity and supply chains in many economies.
How to read it
A falling share does not necessarily mean falling output — services may simply be growing faster.
Data source
World Bank — World Development Indicators (series NV.IND.MANF.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
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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.