Oil reserves, per unit of GDP in Cuba
Cuba: Oil reserves, per unit of GDP was 0.0002 cubic meters per US$ of GDP in 2020. ◆ Volatile
Oil reserves, per unit of GDP in Cuba, 1991–2020
Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.
Analysis
In 2020, oil reserves, per unit of gdp in Cuba stood at 0.0002 cubic meters per US$ of GDP. That is the lowest value across all 30 years on record.
Compared with earlier readings it is down 3.7% on the previous year and down 44.5% over ten years.
Over the whole period, oil reserves, per unit of gdp in Cuba peaked at 0.0035 cubic meters per US$ of GDP in 2002 and was at its lowest, 0.0002 cubic meters per US$ of GDP, in 2020.
That places Cuba 66th out of 198 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Oil reserves, per unit of GDP in Cuba, year by year
| Year | cubic meters per US$ of GDP | Change |
|---|---|---|
| 1991 | 0.0007 cubic meters per US$ of GDP | — |
| 1992 | 0.0007 cubic meters per US$ of GDP | +10.1% |
| 1993 | 0.0007 cubic meters per US$ of GDP | -1.3% |
| 1994 | 0.0006 cubic meters per US$ of GDP | -21.4% |
| 1995 | 0.0005 cubic meters per US$ of GDP | -6.5% |
| 1996 | 0.0006 cubic meters per US$ of GDP | +21.6% |
| 1997 | 0.0006 cubic meters per US$ of GDP | -1.4% |
| 1998 | 0.0016 cubic meters per US$ of GDP | +151.3% |
| 1999 | 0.0016 cubic meters per US$ of GDP | +0.9% |
| 2000 | 0.0015 cubic meters per US$ of GDP | -7.2% |
| 2001 | 0.0014 cubic meters per US$ of GDP | -3.5% |
| 2002 | 0.0035 cubic meters per US$ of GDP | +149.5% |
| 2003 | 0.0033 cubic meters per US$ of GDP | -6.4% |
| 2004 | 0.0031 cubic meters per US$ of GDP | -6.0% |
| 2005 | 0.0028 cubic meters per US$ of GDP | -10.4% |
| 2006 | 0.0024 cubic meters per US$ of GDP | -12.7% |
| 2007 | 0.0004 cubic meters per US$ of GDP | -85.1% |
| 2008 | 0.0004 cubic meters per US$ of GDP | -3.6% |
| 2009 | 0.0003 cubic meters per US$ of GDP | -2.1% |
| 2010 | 0.0003 cubic meters per US$ of GDP | -3.5% |
| 2011 | 0.0003 cubic meters per US$ of GDP | -13.7% |
| 2012 | 0.0003 cubic meters per US$ of GDP | -5.7% |
| 2013 | 0.0003 cubic meters per US$ of GDP | -5.2% |
| 2014 | 0.0002 cubic meters per US$ of GDP | -4.3% |
| 2015 | 0.0002 cubic meters per US$ of GDP | -7.4% |
| 2016 | 0.0002 cubic meters per US$ of GDP | -4.6% |
| 2017 | 0.0002 cubic meters per US$ of GDP | -5.7% |
| 2018 | 0.0002 cubic meters per US$ of GDP | -3.2% |
| 2019 | 0.0002 cubic meters per US$ of GDP | -3.3% |
| 2020 | 0.0002 cubic meters per US$ of GDP | -3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0008 cubic meters per US$ of GDP | 0.0005 cubic meters per US$ of GDP | 0.0016 cubic meters per US$ of GDP | 9 |
| 2000s | 0.0019 cubic meters per US$ of GDP | 0.0003 cubic meters per US$ of GDP | 0.0035 cubic meters per US$ of GDP | 10 |
| 2010s | 0.0002 cubic meters per US$ of GDP | 0.0002 cubic meters per US$ of GDP | 0.0003 cubic meters per US$ of GDP | 10 |
| 2020s | 0.0002 cubic meters per US$ of GDP | 0.0002 cubic meters per US$ of GDP | 0.0002 cubic meters per US$ of GDP | 1 |
Countries ranked near Cuba
- 63 Côte d'Ivoire 0.0002 cubic meters per US$ of GDP compare
- 64 Tajikistan 0.0002 cubic meters per US$ of GDP compare
- 65 Serbia 0.0002 cubic meters per US$ of GDP compare
- 67 Denmark 0.0002 cubic meters per US$ of GDP compare
- 68 Croatia 0.0002 cubic meters per US$ of GDP compare
- 69 Guatemala 0.0002 cubic meters per US$ of GDP compare
More energy & mining data for Cuba
- Fuel imports 30.9% (2021)
- Ores and metals imports 2.2% (2022)
- Ores and metals exports 53.4% (2022)
- Gas production 9.96 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 907.02 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 9.96 terawatt-hours (2024)
- Gas production per person 907.02 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2020)
- Gas production, per capita 0 terawatt-hours per person (2024)
Frequently asked questions
- What is oil reserves, per unit of gdp in Cuba?
- Oil reserves, per unit of gdp in Cuba was 0.0002 cubic meters per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest oil reserves, per unit of gdp recorded in Cuba?
- The highest recorded value was 0.0035 cubic meters per US$ of GDP in 2002.
- What is the lowest oil reserves, per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.0002 cubic meters per US$ of GDP in 2020.
- How does Cuba rank for oil reserves, per unit of gdp?
- Cuba ranks 66th out of 198 countries with data for 2020.
- Is oil reserves, per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 44.5%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Oil reserves, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Oil reserves ÷ GDP (current US$)
Computed from
- Oil reserves U.S. Energy Information Administration (2022) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.