Cuba Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Cuba's services value added was 73.33% in 2025, ranked 19th globally. This represents a 0.1% decrease from 2024. Data from World Bank, covering 1996–2025.
Overview
Cuba's services value added stood at 73.33% in 2025, a decline of +0.06% from 2024. Based on recent trends, this figure is projected to reach 73.33% by 2025. Cuba ranked 19th globally.
Cuba’s services value added has risen steadily over the 30‑year series, moving from 64.68 in 1996 to 73.33 in 2025, which places the island at rank 19 globally. The indicator reached its all‑time high of 74.96 in 2021 before slipping slightly, while the lowest point occurred in 1997 at 63.91. This gradual ascent outpaces the modest fluctuations observed in comparable small‑economy peers such as Singapore, whose 2025 services value added stands at 73.23, and Palau, which records 75.55. The upward trajectory reflects Cuba’s expanding tourism sector, growth in health‑related services, and incremental reforms in the informal economy, even as external constraints on investment and limited access to international finance temper faster expansion. Continued liberalisation of the service sector, coupled with improved connectivity and targeted foreign‑direct investment, could sustain the recent gains and push the value added beyond the 2021 peak in the coming years.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 72.93% | - | - |
| 2026* trend | 73.13% | - | - |
| 2025* trend | 73.33% | - | - |
| 2025 | 73.33% | −0.06% | #19 |
| 2024 | 73.39% | +0.19% | #163 |
| 2023 | 73.20% | −1.39% | #174 |
| 2022 | 74.60% | −0.37% | #178 |
| 2021 | 74.96% | +1.45% | #181 |
| 2020 | 73.51% | +3.10% | #177 |
| 2019 | 70.41% | +0.19% | #172 |
| 2018 | 70.21% | −0.60% | #173 |
| 2017 | 70.82% | −1.23% | #177 |
| 2016 | 72.05% | −0.71% | #178 |
| 2015 | 72.76% | −0.13% | #178 |
| 2014 | 72.88% | +1.11% | #178 |
| 2013 | 71.77% | +0.11% | #177 |
| 2012 | 71.66% | −1.35% | #174 |
| 2011 | 73.01% | +0.54% | #176 |
Analysis
Cuba's services value added was 73.33% in 2025, a decline of −0.06% from 2024. Based on trends, estimated 73.33% by 2025.
Frequently Asked Questions
Cuba's services value added was 73.33% in 2025. Ranked 19th globally. This represents a 0.1% decrease from the previous year.
Cuba's services value added peaked at 74.96% in 2021.
The lowest services value added in Cuba was 63.91% in 1997.
Cuba ranks 19th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Cuba's services value added is projected to reach 73.33% by 2025 based on trend extrapolation.
The services value added of Cuba in 2025 was 73.33%. This ranks 19th in the world.
Cite this page
@misc{historysaid_cuba_services-value-added,
title = {Cuba Services Value Added},
url = {https://historysaid.com/cuba/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}