Cuba GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Cuba's gdp deflator was -1.41% in 2025, ranked 206th globally. This represents a 104.4% decrease from 2024. Data from World Bank, covering 1971–2025.
Overview
Cuba's gdp deflator stood at -1.41% in 2025, a decline of +33.63pp from 2024. Based on recent trends, this figure is projected to reach -1.41% by 2025. Cuba ranked 206th globally.
Cuba's GDP deflator has undergone significant fluctuations over the past 55 years, with the indicator experiencing a notable all-time peak in 2021, reaching 401.59%. This marked a substantial increase from the trough of -7.39% in 1991, indicating a period of rapid price inflation. In comparison to its peer countries, Cuba's GDP deflator in 2025 ranks lower than China's -1.09% but higher than Trinidad and Tobago's -4.10%. The most recent value available for 2025 stands at -1.41%, indicating a decrease in price inflation. Cuba's GDP deflator has been trending downward since its peak in 2021, and a continuation of this trend may be influenced by the country's ongoing economic reforms and potential shifts in global commodity prices. A significant decline in global oil prices, for example, could further decrease Cuba's GDP deflator, impacting the country's economic trajectory.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -68.75% | - | - |
| 2026* trend | -35.08% | - | - |
| 2025* trend | -1.41% | - | - |
| 2025 | -1.41% | −33.63pp | #206 |
| 2024 | 32.22% | −1.34pp | #187 |
| 2023 | 33.56% | +19.46pp | #196 |
| 2022 | 14.09% | −387.49pp | #160 |
| 2021 | 401.59% | +385.03pp | #208 |
| 2020 | 16.56% | +13.01pp | #200 |
| 2019 | 3.54% | +2.51pp | #144 |
| 2018 | 1.03% | −3.08pp | #37 |
| 2017 | 4.11% | −0.21pp | #130 |
| 2016 | 4.33% | +0.89pp | #152 |
| 2015 | 3.44% | −0.02pp | #143 |
| 2014 | 3.46% | +0.81pp | #136 |
| 2013 | 2.66% | −0.26pp | #121 |
| 2012 | 2.91% | −1.41pp | #84 |
| 2011 | 4.32% | +3.12pp | #94 |
Analysis
Cuba's gdp deflator was -1.41% in 2025, a decline of −33.63pp from 2024. Based on trends, estimated -1.41% by 2025.
Frequently Asked Questions
Cuba's gdp deflator was -1.41% in 2025. Ranked 206th globally. This represents a 104.4% decrease from the previous year.
Cuba's gdp deflator peaked at 401.59% in 2021.
The lowest gdp deflator in Cuba was -7.39% in 1991.
Cuba ranks 206th globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Cuba's gdp deflator is projected to reach -1.41% by 2025 based on trend extrapolation.
The gdp deflator of Cuba in 2025 was -1.41%. This ranks 206th in the world.
Cite this page
@misc{historysaid_cuba_gdp-deflator,
title = {Cuba GDP Deflator},
url = {https://historysaid.com/cuba/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}