Mineral rents (% of GDP) in Cuba
Cuba: Mineral rents (% of GDP) was 0.2% in 2020. ◆ Volatile
Mineral rents in Cuba, 1970–2020
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for mineral rents in Cuba is 0.2%, measured in 2020.
Compared with earlier readings it is down 6.4% on the previous year and down 79.1% over ten years.
Over the whole period, mineral rents in Cuba peaked at 5.0% in 2007 and was at its lowest, 0.0%, in 1986.
Cuba ranks 63rd of 214 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Mineral rents (% of GDP) in Cuba, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 0.8% | — |
| 1971 | 0.6% | -19.2% |
| 1972 | 0.5% | -13.1% |
| 1973 | 0.4% | -20.4% |
| 1974 | 0.4% | -14.9% |
| 1975 | 0.4% | +25.4% |
| 1976 | 0.5% | +15.8% |
| 1977 | 0.5% | -9.2% |
| 1978 | 0.2% | -68.0% |
| 1979 | 0.3% | +91.1% |
| 1980 | 0.4% | +23.6% |
| 1981 | 0.2% | -30.4% |
| 1982 | 0.0% | -81.8% |
| 1983 | 0.0% | -14.2% |
| 1984 | 0.1% | +43.8% |
| 1985 | 0.1% | +64.5% |
| 1986 | 0.0% | -95.9% |
| 1987 | 0.0% | +107.5% |
| 1988 | 1.3% | +16314.7% |
| 1989 | 1.3% | +1.7% |
| 1990 | 0.4% | -68.2% |
| 1991 | 0.6% | +37.5% |
| 1992 | 0.5% | -17.9% |
| 1993 | 0.2% | -57.7% |
| 1994 | 0.2% | +2.0% |
| 1995 | 0.5% | +159.1% |
| 1996 | 0.5% | +3.5% |
| 1997 | 0.3% | -49.4% |
| 1998 | 0.1% | -74.8% |
| 1999 | 0.2% | +117.5% |
| 2000 | 0.8% | +405.0% |
| 2001 | 0.3% | -62.2% |
| 2002 | 0.4% | +38.8% |
| 2003 | 0.8% | +101.2% |
| 2004 | 1.4% | +76.2% |
| 2005 | 1.1% | -19.2% |
| 2006 | 2.1% | +82.9% |
| 2007 | 5.0% | +138.2% |
| 2008 | 1.0% | -80.1% |
| 2009 | 0.6% | -40.1% |
| 2010 | 1.2% | +97.4% |
| 2011 | 0.9% | -24.5% |
| 2012 | 0.3% | -63.1% |
| 2013 | 0.1% | -83.6% |
| 2014 | 0.2% | +265.4% |
| 2015 | 0.1% | -44.2% |
| 2016 | 0.0% | -78.1% |
| 2017 | 0.1% | +279.6% |
| 2018 | 0.2% | +168.7% |
| 2019 | 0.3% | +7.2% |
| 2020 | 0.2% | -6.4% |
Cuba compared with similar countries
- Cuba's 0.2% is above the median for upper middle income countries, which is 0.0%, 64.5× the median. (59 countries reporting)
Biggest year-on-year movements
Years where Mineral rents (% of GDP) in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +16314.7% | 0.0% | 1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.2% | 0.8% | 10 |
| 1980s | 0.3% | 0.0% | 1.3% | 10 |
| 1990s | 0.3% | 0.1% | 0.6% | 10 |
| 2000s | 1.3% | 0.3% | 5.0% | 10 |
| 2010s | 0.3% | 0.0% | 1.2% | 10 |
| 2020s | 0.2% | 0.2% | 0.2% | 1 |
Countries ranked near Cuba
More energy & mining data for Cuba
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2020)
- Primary energy use, annual growth rate 0.1025 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2020)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2020)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2020)
- Fuel imports 30.9% (2021)
Frequently asked questions
- What is mineral rents in Cuba?
- Mineral rents in Cuba was 0.2% in 2020, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest mineral rents recorded in Cuba?
- The highest recorded value was 5.0% in 2007.
- What is the lowest mineral rents recorded in Cuba?
- The lowest recorded value was 0.0% in 1986.
- How does Cuba rank for mineral rents?
- Cuba ranks 63rd out of 214 countries with data for 2020.
- Is mineral rents rising or falling in Cuba?
- Over the last ten years it is down 79.1%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Mineral rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Mineral rents are the difference between the value of production for a stock of minerals at world prices and their total costs of production. Minerals included in the calculation are tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.