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THE GLOBAL FINANCIAL WEEKLYOctober 5–11, 2026Vol. 01 · No. 002

LATIN AMERICA & CARIBBEAN · COUNTRY REFERENCE

Cuba

UN member stateISO CU / CUBCUP

Written and compiled by American Business Capital Group Inc.

Cuba on the world mapThe highlighted shape or point locates the selected country or entity. Borders are a geographic reference, not a statement on sovereignty.FijiUnited Republic of TanzaniaWestern SaharaCanadaUnited StatesKazakhstanUzbekistanPapua New GuineaIndonesiaArgentinaChileDemocratic Republic of the CongoSomaliaKenyaSudanChadHaitiDominican RepublicRussian FederationBahamasFalkland IslandsNorwayGreenlandTimor-LesteSouth AfricaLesothoMexicoUruguayBrazilBolivia (Plurinational State of)PeruColombiaPanamaCosta RicaNicaraguaHondurasEl SalvadorGuatemalaBelizeVenezuela (Bolivarian Republic of)GuyanaSurinameFranceEcuadorPuerto RicoJamaicaCubaZimbabweBotswanaNamibiaSenegalMaliMauritaniaBeninNigerNigeriaCameroonTogoGhanaCôte d'IvoireGuineaGuinea-BissauLiberiaSierra LeoneBurkina FasoCentral African RepublicRepublic of the CongoGabonEquatorial GuineaZambiaMalawiMozambiqueEswatiniAngolaBurundiIsraelLebanonMadagascarState of PalestineGambiaTunisiaAlgeriaJordanUnited Arab EmiratesQatarKuwaitIraqOmanVanuatuCambodiaThailandLao People's Democratic RepublicMyanmarViet NamNorth KoreaSouth KoreaMongoliaIndiaBangladeshBhutanNepalPakistanAfghanistanTajikistanKyrgyzstanTurkmenistanIran (Islamic Republic of)Syrian Arab RepublicArmeniaSwedenBelarusUkrainePolandAustriaHungaryRepublic of MoldovaRomaniaLithuaniaLatviaEstoniaGermanyBulgariaGreeceTürkiyeAlbaniaCroatiaSwitzerlandLuxembourgBelgiumNetherlandsPortugalSpainIrelandNew CaledoniaSolomon IslandsNew ZealandAustraliaSri LankaChinaTaiwanItalyDenmarkUnited KingdomIcelandAzerbaijanGeorgiaPhilippinesMalaysiaBrunei DarussalamSloveniaFinlandSlovakiaCzechiaEritreaJapanParaguayYemenSaudi ArabiaCYNCyprusMoroccoEgyptLibyaEthiopiaDjiboutiSomalilandUgandaRwandaBosnia and HerzegovinaNorth MacedoniaSerbiaMontenegroKosovoTrinidad and TobagoSouth SudanÅland IslandsAmerican SamoaAndorraAnguillaAntigua and BarbudaArubaBahrainBarbadosBermudaBonaire, Sint Eustatius and SabaBouvet IslandBritish Indian Ocean TerritoryBritish Virgin IslandsCabo VerdeCayman IslandsChristmas IslandCocos (Keeling) Islands (The)ComorosCook IslandsCuraçaoDominicaFaroe IslandsFrench GuianaFrench PolynesiaFrench Southern TerritoriesGibraltarGrenadaGuadeloupeGuamGuernseyHeard Island and McDonald IslandsHoly SeeHong KongIsle of ManJerseyKiribatiLiechtensteinMacauMaldivesMaltaMarshall IslandsMartiniqueMauritiusMayotteMicronesia (Federated States of)MonacoMontserratNaoeroNiueNorfolk IslandNorthern Mariana IslandsPalauPitcairn IslandsRéunionSaint BarthélemySaint HelenaSaint Kitts and NevisSaint LuciaSaint MartinSaint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSeychellesSingaporeSint MaartenSouth Georgia and the South Sandwich IslandsSvalbard and Jan MayenTokelauTongaTurks and Caicos IslandsTuvaluUnited States Minor Outlying IslandsUS Virgin IslandsWallis and Futuna

Selected country or entityMap: Natural Earth ↗

ANNUAL ECONOMIC SNAPSHOT

Population & economic scale

World Bank · dated observations

The most recent non-empty observations returned by the World Bank when this snapshot was collected. Read the year on each card: these are annual statistics, not live measurements.

World Bank reporting entity: Cuba · 3 of 3 indicators available.

Population

10,937,203

people

observation

Definition, value & source

Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.

Received value: 10937203 people. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: World Population Prospects, United Nations (UN), uri: https://population.un.org/wpp/, publisher: UN Population Division; Statistical databases and publications from national statistical offices, National Statistical Offices (NSOs), uri: https://unstats.un.org/home/nso_sites/, publisher: National Statistical Offices; Eurostat: Demographic Statistics, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/data/database?node_code=earn_ses_monthly, publisher: Eurostat; Population and Vital Statistics Report (various years), United Nations (UN), uri: https://unstats.un.org, publisher: UN Statistics Division

GDP

$107.35 billion

current US$

observation · older available record

Definition, value & source

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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.

Received value: 107352000000 current US$. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

GDP per capita

$9,605

current US$ per person

observation · older available record

Definition, value & source

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.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.

Received value: 9605.27914559614 current US$ per person. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

GDP and GDP per capita use current US dollars, without an inflation or purchasing-power-parity adjustment. Source years can differ. Missing data is not zero; earlier archive figures below are retained as a separate historical reference.

THE REFERENCE FILE

Cuba at a glance

Archive edition 2025

These are historical reference facts from the 2025 World Factbook archive. Each estimate keeps its own period; an archive edition does not make every figure a measurement from that year.

Government type

communist state

archive edition 2025Source ↗

Population

total: 10,059,519 (2025 est.) male: 4,950,615 female: 5,108,904

2025 source periods; archive edition 2025Source ↗

Area

total : 110,860 sq km land: 109,820 sq km water: 1,040 sq km

archive edition 2025Source ↗

Real GDP (purchasing power parity)

$81.165 billion (2024 est.) $81.985 billion (2023 est.) $83.597 billion (2022 est.) note: data in 2015 dollars

2024, 2023, 2022, 2015 source periods; archive edition 2025Source ↗

GDP (official exchange rate)

$259.781 billion (2024 est.) note: data in current dollars at official exchange rate

2024 source periods; archive edition 2025Source ↗

Real GDP growth rate

-1.9% (2023 est.) 1.8% (2022 est.) 1.3% (2021 est.) note: annual GDP % growth based on constant local currency

2023, 2022, 2021 source periods; archive edition 2025Source ↗

Real GDP per capita

$23,700 (2024 est.) $18,300 (2023 est.) $13,300 (2022 est.) note: data in 2015 dollars

2024, 2023, 2022, 2015 source periods; archive edition 2025Source ↗

Inflation rate (consumer prices)

76.1% (2022 est.) 151.9% (2021 est.) 11.9% (2020 est.) note: annual % change based on consumer prices

2022, 2021, 2020 source periods; archive edition 2025Source ↗

Unemployment rate

1.6% (2024 est.) 1.8% (2023 est.) 1.9% (2022 est.) note: % of labor force seeking employment

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Labor force

4.859 million (2024 est.) note: number of people ages 15 or older who are employed or seeking work

2024 source periods; archive edition 2025Source ↗

Public debt

42.7% of GDP (2016 est.)

2016 source periods; archive edition 2025Source ↗

Budget

revenues: $54.52 billion (2017 est.) expenditures: $64.64 billion (2017 est.)

2017 source periods; archive edition 2025Source ↗

Exports

$8.768 billion (2020 est.) $12.632 billion (2019 est.) $14.53 billion (2018 est.) note: GDP expenditure basis - exports of goods and services in current dollars

2020, 2019, 2018 source periods; archive edition 2025Source ↗

Imports

$8.067 billion (2020 est.) $10.971 billion (2019 est.) $12.567 billion (2018 est.) note: GDP expenditure basis - imports of goods and services in current dollars

2020, 2019, 2018 source periods; archive edition 2025Source ↗

Electricity access

electrification - total population: 100% (2022 est.)

2022 source periods; archive edition 2025Source ↗

Internet users

percent of population: 71% (2023 est.) note: private citizens are prohibited from buying computers or accessing the Internet without special authorization; foreigners may access the Internet in large hotels but are subject to firewalls; some Cubans buy illegal passwords on the black market or take advantage of public outlets to access limited email and the government-controlled "intranet"; issues relating to COVID-19 impact research into internet adoption, so actual internet user figures may be different than published numbers suggest

2023 source periods; archive edition 2025Source ↗

THE HISTORICAL REFERENCE LIBRARY

Explore the country in detail

31 sections · archive 2025

Browse the economy, population, resources and infrastructure. These archived descriptions keep their original wording and dates; they have not been updated to describe current conditions.

31 of 31 sections

Location

Caribbean, island between the Caribbean Sea and the North Atlantic Ocean, 150 km south of Key West, Florida

archive edition 2025 · Archive source ↗

Capital

name: Havana geographic coordinates: 23 07 N, 82 21 W time difference: UTC-5 (same time as Washington, DC, during Standard Time) daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November; note - Cuba has been known to alter the schedule of DST on short notice in an attempt to conserve electricity for lighting etymology: Spanish soldier Diego VELAZQUEZ named the city San Cristobal de la Habana, or Saint Christopher of the Habana; "Habana" may have been the name of a local ethnic group, but the meaning of the word is unknown

archive edition 2025 · Archive source ↗

Economic overview

still largely state-run planned economy, although privatization increasing under new constitution; widespread protests due to lack of basic necessities and electricity; massive foreign investment increases recently; known tobacco exporter; unique oil-for-doctors relationship with Venezuela; widespread corruption

archive edition 2025 · Archive source ↗

Natural resources

cobalt, nickel, iron ore, chromium, copper, salt, timber, silica, petroleum, arable land

archive edition 2025 · Archive source ↗

Agricultural products

sugarcane, cassava, plantains, vegetables, mangoes/guavas, milk, tomatoes, pumpkins/squash, sweet potatoes, bananas (2023) note: top ten agricultural products based on tonnage

2023 source periods; archive edition 2025 · Archive source ↗

Industries

petroleum, nickel, cobalt, pharmaceuticals, tobacco, construction, steel, cement, agricultural machinery, sugar

archive edition 2025 · Archive source ↗

Exports - partners

China 34%, Spain 12%, Germany 6%, Switzerland 5%, Hong Kong 4% (2023) note: top five export partners based on percentage share of exports

2023 source periods; archive edition 2025 · Archive source ↗

Exports - commodities

tobacco, nickel, liquor, zinc ore, precious metal ore (2023) note: top five export commodities based on value in dollars

2023 source periods; archive edition 2025 · Archive source ↗

Imports - partners

Spain 24%, China 13%, Netherlands 10%, USA 9%, Canada 6% (2023) note: top five import partners based on percentage share of imports

2023 source periods; archive edition 2025 · Archive source ↗

Imports - commodities

beer, poultry, rice, plastic products, soybean oil (2023) note: top five import commodities based on value in dollars

2023 source periods; archive edition 2025 · Archive source ↗

Climate

tropical; moderated by trade winds; dry season (November to April); rainy season (May to October)

archive edition 2025 · Archive source ↗

Terrain

mostly flat to rolling plains, with rugged hills and mountains in the southeast

archive edition 2025 · Archive source ↗

Land use

agricultural land: 61.7% (2023 est.) arable land: 28% (2023 est.) permanent crops: 6.3% (2023 est.) permanent pasture: 27.4% (2023 est.) forest: 34.9% (2023 est.) other: 3.5% (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Natural hazards

the east coast is subject to hurricanes from August to November (in general, the country averages about one hurricane every other year); droughts are common

archive edition 2025 · Archive source ↗

Languages

Spanish (official) major-language sample(s): La Libreta Informativa del Mundo, la fuente indispensable de informaci n b sica. (Spanish) The World Factbook, the indispensable source for basic information.

archive edition 2025 · Archive source ↗

Religions

Christian 58.9%, folk religion 17.6%, Buddhist 1%, Hindu 1%, Jewish 1%, Muslim 1%, other 1%, none 23.2% (2020 est.) note: folk religions include religions of African origin, spiritualism, and others intermingled with Catholicism or Protestantism; data is estimative because no authoritative source on religious affiliation exists for Cuba

2020 dates in source text; archive edition 2025 · Archive source ↗

Age structure

0-14 years: 16.3% (male 918,066/female 866,578) 15-64 years: 66.5% (male 3,670,531/female 3,623,658) 65 years and over: 17.2% (2024 est.) (male 852,910/female 1,034,295)

2024 dates in source text; archive edition 2025 · Archive source ↗

Urbanization

urban population: 77.5% of total population (2023) rate of urbanization: 0.19% annual rate of change (2020-25 est.)

2023, 2020 dates in source text; archive edition 2025 · Archive source ↗

Life expectancy at birth

total population: 80.1 years (2024 est.) male: 77.8 years female: 82.6 years

2024 dates in source text; archive edition 2025 · Archive source ↗

Literacy

total population: 97.7% (2019 est.) male: 99% (2019 est.) female: 96.3% (2019 est.)

2019 dates in source text; archive edition 2025 · Archive source ↗

Electricity

installed generating capacity: 7.264 million kW (2023 est.) consumption: 11.951 billion kWh (2023 est.) transmission/distribution losses: 3.352 billion kWh (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Electricity generation sources

fossil fuels: 95.2% of total installed capacity (2023 est.) solar: 1.4% of total installed capacity (2023 est.) wind: 0.4% of total installed capacity (2023 est.) hydroelectricity: 0.8% of total installed capacity (2023 est.) biomass and waste: 2.2% of total installed capacity (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Petroleum

total petroleum production: 34,000 bbl/day (2023 est.) refined petroleum consumption: 118,000 bbl/day (2023 est.) crude oil estimated reserves: 124 million barrels (2021 est.)

2023, 2021 dates in source text; archive edition 2025 · Archive source ↗

Natural gas

production: 850.133 million cubic meters (2023 est.) consumption: 850.133 million cubic meters (2023 est.) proven reserves: 70.792 billion cubic meters (2021 est.)

2023, 2021 dates in source text; archive edition 2025 · Archive source ↗

Carbon dioxide emissions

19.716 million metric tonnes of CO2 (2023 est.) from coal and metallurgical coke: 16,000 metric tonnes of CO2 (2023 est.) from petroleum and other liquids: 18.12 million metric tonnes of CO2 (2023 est.) from consumed natural gas: 1.58 million metric tonnes of CO2 (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Telephones - mobile cellular

total subscriptions: 8.01 million (2024 est.) subscriptions per 100 inhabitants: 73 (2024 est.)

2024 dates in source text; archive edition 2025 · Archive source ↗

Broadband - fixed subscriptions

total: 327,000 (2023 est.) subscriptions per 100 inhabitants: 3 (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Airports

120 (2025)

2025 dates in source text; archive edition 2025 · Archive source ↗

Railways

total: 8,367 km (2017) standard gauge: 8,195 km (2017) 1.435-m gauge (124 km electrified) narrow gauge: 172 km (2017) 1.000-m gauge note: As of 2013, 70 km of standard gauge and 12 km of narrow gauge track were not for public use

2017, 2013 dates in source text; archive edition 2025 · Archive source ↗

Ports

total ports: 34 (2024) large: 6 medium: 3 small: 10 very small: 6 size unknown: 9 ports with oil terminals: 14 key ports: Antilla, Bahai de la Habana, Bahia de Sagua de Tanamo, Cabanas, Casilda, Cienfuegos, Nuevitas Bay, Puerto Guantanamo, Santiago de Cuba

2024 dates in source text; archive edition 2025 · Archive source ↗

GDP - composition, by sector of origin

agriculture: 1.3% (2023 est.) industry: 27.5% (2023 est.) services: 70% (2023 est.) note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

2023 dates in source text; archive edition 2025 · Archive source ↗

CURRENCY OBSERVATIONS

Money & exchange rates

Currency explorer →

The latest verified daily references are separate from the historical country profile. Values are currency units per US$1.

CUP

Cuban Peso

24

CUP per US$1

Source observation: Oct 6, 2026

Published reference snapshot; its original observation date is preserved.

1 CUP = US$0.04166667

Daily reference historyOct 6, 2026 · 24 CUP
Sep 7, 2026: 24 CUP per US$1Sep 8, 2026: 24 CUP per US$1Sep 9, 2026: 24 CUP per US$1Sep 10, 2026: 24 CUP per US$1Sep 11, 2026: 24 CUP per US$1Sep 13, 2026: 24 CUP per US$1Sep 14, 2026: 24 CUP per US$1Sep 15, 2026: 24 CUP per US$1Sep 16, 2026: 24 CUP per US$1Sep 17, 2026: 24 CUP per US$1Sep 18, 2026: 24 CUP per US$1Sep 19, 2026: 24 CUP per US$1Sep 20, 2026: 24 CUP per US$1Sep 21, 2026: 24 CUP per US$1Sep 22, 2026: 24 CUP per US$1Sep 23, 2026: 24 CUP per US$1Sep 24, 2026: 24 CUP per US$1Sep 25, 2026: 24 CUP per US$1Sep 26, 2026: 24 CUP per US$1Sep 27, 2026: 24 CUP per US$1Sep 28, 2026: 24 CUP per US$1Sep 29, 2026: 24 CUP per US$1Sep 30, 2026: 24 CUP per US$1Oct 1, 2026: 24 CUP per US$1Oct 2, 2026: 24 CUP per US$1Oct 3, 2026: 24 CUP per US$1Oct 4, 2026: 24 CUP per US$1Oct 5, 2026: 24 CUP per US$1Oct 6, 2026: 24 CUP per US$1
Sep 7, 2026Oct 6, 2026

24–24 CUP per US$1 across the displayed observations. The vertical scale follows this range.

View dated observations
Observation dateCUP per US$1
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Daily references are not live execution prices. A check time does not change a source observation date.

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Official data & country reports

Research directories have their own coverage. A link is not a claim that every entity has an IMF report or a separate national statistical office.

SOURCES & DATES

Where the facts come from.

Editorial presentation by American Business Capital Group Inc. The organizations and archive links below are the underlying sources.

Country reference
CIA World Factbook · 2025 archive
Archive retrieved
Oct 6, 2026 · retrieval date, not an observation period
Rate observations
Frankfurter / official reference providers ↗ · each observation is dated separately
  • UN membership is shown separately from territory and currency coverage; inclusion is not a position on sovereignty or boundaries.
  • CIA World Factbook text preserved by World Factbook Archive. Archive edition 2025; individual estimates retain their own dates. These are historical reference facts, not current observations.

About the editions. The CIA announced the end of its online World Factbook on February 4, 2026. Our historical profiles retain the archive editions shown above.

Skyhorse lists The CIA World Factbook 2026–2027, published April 7, 2026 (ISBN 9781510786042). That book’s full text has not been incorporated here; its edition title does not redate the imported archive. Archive distribution license.

Geography is a simplified reference. Displayed boundaries and entity inclusion do not express a position on sovereignty or disputed borders.