Cuba - Gross domestic savings

Gross domestic savings (current US$)

The latest value for Gross domestic savings (current US$) in Cuba was $11,303,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $14,003,000,000 in 2018 and $598,653,200 in 1993.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $782,054,000
1971 $950,479,400
1972 $1,117,950,000
1973 $1,370,950,000
1974 $1,562,161,000
1975 $1,794,534,000
1976 $1,901,535,000
1977 $1,949,655,000
1978 $2,435,287,000
1979 $2,652,556,000
1980 $2,821,722,000
1981 $2,793,351,000
1982 $2,806,893,000
1983 $2,944,953,000
1984 $3,132,246,000
1985 $3,965,465,000
1986 $2,985,692,000
1987 $2,789,121,000
1988 $3,458,884,000
1989 $3,206,296,000
1990 $4,324,637,000
1991 $1,773,745,000
1992 $916,058,000
1993 $598,653,200
1994 $1,358,528,000
1995 $1,550,951,000
1996 $3,477,369,000
1997 $3,055,908,000
1998 $2,368,684,000
1999 $2,570,711,000
2000 $2,961,075,000
2001 $2,716,400,000
2002 $2,526,424,000
2003 $2,807,687,000
2004 $3,641,800,000
2005 $5,735,385,000
2006 $6,311,764,000
2007 $7,553,000,000
2008 $6,726,800,000
2009 $8,035,000,000
2010 $9,599,000,000
2011 $8,084,000,000
2012 $10,043,000,000
2013 $10,238,000,000
2014 $10,086,000,000
2015 $10,517,000,000
2016 $11,198,000,000
2017 $12,762,000,000
2018 $14,003,000,000
2019 $13,551,000,000
2020 $11,303,000,000

Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in Cuba was 11,303,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 14,003,000,000 in 2018 and a minimum value of 443,003,400 in 1993.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 782,054,000
1971 950,479,400
1972 1,065,407,000
1973 1,136,517,000
1974 1,280,972,000
1975 1,471,518,000
1976 1,561,160,000
1977 1,618,214,000
1978 1,875,171,000
1979 1,936,366,000
1980 2,031,640,000
1981 2,318,482,000
1982 2,385,859,000
1983 2,529,714,000
1984 2,751,678,000
1985 3,631,970,000
1986 2,488,275,000
1987 2,193,086,000
1988 2,621,834,000
1989 2,501,873,000
1990 3,252,127,000
1991 1,299,623,000
1992 677,882,900
1993 443,003,400
1994 1,005,311,000
1995 1,214,860,000
1996 3,477,369,000
1997 3,055,908,000
1998 2,368,684,000
1999 2,570,711,000
2000 2,961,075,000
2001 2,716,400,000
2002 2,526,424,000
2003 2,807,687,000
2004 3,641,800,000
2005 5,735,385,000
2006 6,311,764,000
2007 7,553,000,000
2008 6,726,800,000
2009 8,035,000,000
2010 9,599,000,000
2011 8,084,000,000
2012 10,043,000,000
2013 10,238,000,000
2014 10,086,000,000
2015 10,517,000,000
2016 11,198,000,000
2017 12,762,000,000
2018 14,003,000,000
2019 13,551,000,000
2020 11,303,000,000

Gross domestic savings (% of GDP)

Gross domestic savings (% of GDP) in Cuba was 10.53 as of 2020. Its highest value over the past 50 years was 17.30 in 1985, while its lowest value was 2.68 in 1993.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 13.74
1971 13.75
1972 13.74
1973 13.73
1974 13.70
1975 13.78
1976 13.79
1977 13.72
1978 13.65
1979 13.54
1980 14.17
1981 13.86
1982 13.40
1983 13.26
1984 13.03
1985 17.30
1986 12.32
1987 11.06
1988 12.60
1989 11.86
1990 15.10
1991 7.29
1992 4.15
1993 2.68
1994 4.78
1995 5.10
1996 13.90
1997 12.05
1998 9.20
1999 9.06
2000 9.69
2001 8.57
2002 7.52
2003 7.82
2004 9.53
2005 13.45
2006 11.97
2007 12.89
2008 11.06
2009 12.94
2010 14.92
2011 11.72
2012 13.73
2013 13.27
2014 12.50
2015 12.07
2016 12.26
2017 13.18
2018 14.00
2019 13.10
2020 10.53

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts