Manufacturing sector's added value to GDP in Cuba 2022

The value added to gross domestic product by the manufacturing sector in Cuba decreased by 0.6 billion U.S. dollars (-7.35 percent) in 2022 in comparison to the previous year. As a result, the value added in Cuba saw its lowest number in 2022 with 7.6 billion U.S. dollars. Notably, the value added is continuously decreasing over the last years.
These figures refer to the total value of output from manufacturing industries. Constant figures have been used to negate the impact of monetary inflation, asset devaluation, and resource depletion, allowing more accurate comparisons between years.

Find more statistics on other topics about Cuba with key insights such as value added by the services industry to the gross domestic product, value added by the agriculture, forestry and fishing sector to the gross domestic product, and growth rate of the real gross domestic product.

Value added to gross domestic product by the manufacturing sector in Cuba from 2013 to 2022 (in billion U.S. dollars)

Characteristic	Value in billion U.S. dollars
2013	12.68
2014	12.22
2015	12.99
2016	12.32
2017	12.18
2018	12.07
2019	11.33
2020	9.68
2021	8.16
2022	7.6

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Release date

October 2024

More information

Region

Cuba

Survey time period

2013 to 2022

Special properties

Based on constant prices taking 2010 as reference year

Supplementary notes

Data represents the gross value added to GDP by the manufacturing sector. Value added is the value of the gross output of producers minus the value of intermediate goods and services consumed in production.
Figures have been rounded.

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