🇨🇺 Cuba General government final consumption expenditure

Cuba General government final consumption expenditure was $41.70B in 2020, up 25.1% from 2019, according to World Bank data. The 10-year average is $29.11B. Historical data available from 1970 to 2020 (51 data points). The all-time high was $41.70B in 2020.

Source: World Bank World Development Indicators • 1970202051 data pointsEconomy & Growth

Latest Value
$41.70B
2020
Year-on-Year
+25.1%
vs 2019
10-Year Average
$29.11B
20112020
Range
High: $41.70B (2020)
Low: $1.80B (1970)

Cuba General government final consumption expenditure (current US$)1970 to 2020

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About this Indicator

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Historical Data Table

YearValue
2020$41.70B
2019$33.34B
2018$30.06B
2017$29.87B
2016$29.14B
2015$28.06B
2014$26.14B
2013$25.03B
2012$23.34B
2011$24.44B

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