Country information

Cuba

Area

109.884 km²

Capital

Havanna

Government

Miguel Díaz-Canel

Population

11.22 million

Contact

Ulrike Göldner

Deputy Managing Director / Regional Manager Brazil, Cuba and the Dominican Republic

u.goeldner@lateinamerikaverein.de

+49 (0) 40 413 43 145

Economic data

Basic data 2022 2023 2024
GDP growth in % 1,8 -1,9 -1,0
Export US$ 2,17 1,58 1,79
Import US$ 9,83 8,97 8,78
Key interest rate in % 2,25 2,25 2,25
Exchange rate US$/CUP 24 (Aug) - -
Inflation rate in % 39,1 31,3 24,88 (Dec)
HDI (Human Development Index) 0,764 0,762 -

Foreign Trade

Import products: Food, Cereals, Fuel, Vehicles, Motor Parts
Import partner: Spain, China, USA 

Export products: Rolled Tobacco, Raw Sugar, Nickel Mattes
Export partner: Canada, China Spain

Notes

P = Prediction
Update: 27.05.2025
Sources: World Bank, Statista, Trading Economics, UNDP