Flag of cu

Cuba Imports (% GDP)

Cuba's imports (% GDP) rose to 64.62% in 2023, up from 53.37% in 2022, according to World Bank. This represents an increase of 11.25% from the previous year. Cuba has imports (% GDP) higher than the global median (64.62% vs median 45.74%). Compared with the median in Americas, Cuba is higher (64.62% vs regional median 38.78%) and ranks 4th out of 32 countries in Americas.

Cuba's exports (% GDP) rose to 43.52% in 2023, up from 40.49% in 2022.

Yearly Historical Data (1970-2023)

(in %)
Year Imports (% GDP)
2023 64.62%
2022 53.37%
2021 45.13%
2020 7.51%
2019 10.61%
2018 12.56%
2017 11.67%
2016 12.29%
2015 14.47%
2014 17.19%
2013 20.22%
2012 20.36%
2011 21.86%
2010 17.72%
2009 15.45%
2008 24.35%
2007 17.63%
2006 18.47%
2005 18.34%
2004 15.29%
2003 13.64%
2002 13.2%
2001 16.13%
2000 16.95%
1999 17.33%
1998 18.25%
1997 17.83%
1996 17.31%
1995 15.91%
1994 14.54%
1993 15.72%
1992 18.23%
1991 29.06%
1990 40.88%
1989 44.76%
1988 43.11%
1987 43.92%
1986 43.78%
1985 44.97%
1984 44.11%
1983 43.98%
1982 44.15%
1981 44.2%
1980 44.28%
1979 44.14%
1978 44.15%
1977 44.18%
1976 44.19%
1975 44.19%
1974 44.17%
1973 44.18%
1972 44.18%
1971 44.18%
1970 44.18%
Cuba Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries by Cuba compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $2.17B $1.97B 2022
Annual Imports $9.83B $8.43B 2022
Exports (% GDP) 43.52% 40.49% 2023
Tariff Rate 10.6% 10.44% 2022
Trade (% GDP) 108.14% 93.86% 2023