Data / Trade as a share of GDP / Cuba

Trade as a share of GDP in Cuba

Trade as a share of GDP in Cuba was 124.9% in 2024, according to the World Bank. That is up 4.3 pts from 2023. That is the 39th highest of 171 countries in 2024.

2024124.9%
Change on 2023+4.3 pts
Rank39th of 171Countries ranked
Series high124.92024
Series low15.72020

Trade as a share of GDP in Cuba, 1970 to 2024

0255075100125197019781986199420022010201820241970: 76.8 %1971: 76.8 %1972: 76.8 %1973: 76.8 %1974: 76.8 %1975: 76.8 %1976: 76.8 %1977: 76.8 %1978: 76.8 %1979: 76.7 %1980: 77 %1981: 76.8 %1982: 76.8 %1983: 76.5 %1984: 76.4 %1985: 78.7 %1986: 75.5 %1987: 76.8 %1988: 75.1 %1989: 75.9 %1990: 71.1 %1991: 51 %1992: 35.1 %1993: 28.9 %1994: 27.8 %1995: 29.3 %1996: 32.6 %1997: 32.8 %1998: 32.5 %1999: 31.9 %2000: 31.1 %2001: 29.4 %2002: 24.7 %2003: 26.6 %2004: 31.3 %2005: 39.4 %2006: 37.2 %2007: 38 %2008: 44.9 %2009: 32.9 %2010: 40.3 %2011: 47 %2012: 45.9 %2013: 44.3 %2014: 39.3 %2015: 31.6 %2016: 27.3 %2017: 26.2 %2018: 27.1 %2019: 22.8 %2020: 15.7 %2021: 80 %2022: 93.9 %2023: 120.5 %2024: 124.9 %
%. Source: World Bank, Trade, % of GDP (NE.TRD.GNFS.ZS). Retrieved 2026-10-11, published 2026-10-08.
All 55 values
Period%
2024124.9
2023120.5
202293.9
202180
202015.7
201922.8
201827.1
201726.2
201627.3
201531.6
201439.3
201344.3
201245.9
201147
201040.3
200932.9
200844.9
200738
200637.2
200539.4
200431.3
200326.6
200224.7
200129.4
200031.1
199931.9
199832.5
199732.8
199632.6
199529.3
199427.8
199328.9
199235.1
199151
199071.1
198975.9
198875.1
198776.8
198675.5
198578.7
198476.4
198376.5
198276.8
198176.8
198077
197976.7
197876.8
197776.8
197676.8
197576.8
197476.8
197376.8
197276.8
197176.8
197076.8

Rankings

Definition

Sum of exports and imports of goods and services, as a percentage of GDP. World Bank series.

Can exceed 100%, because exports and imports are both counted against GDP, which is only value added. Small open economies with large re-export or transit trade reach several hundred percent.

How to cite

World Bank, World Development Indicators. Trade, % of GDP (NE.TRD.GNFS.ZS). https://data.worldbank.org/indicator/NE.TRD.GNFS.ZS. Retrieved 2026-10-11.

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Questions

What is the trade as a share of GDP in Cuba?

Trade as a share of GDP in Cuba was 124.9% in 2024, according to the World Bank. That is up 4.3 pts from 2023. That is the 39th highest of 171 countries in 2024.

Where does this figure come from?

World Bank. Trade, % of GDP (NE.TRD.GNFS.ZS). Retrieved by Invokely on 2026-10-11.

What was the highest trade as a share of GDP in Cuba?

124.9% in 2024, the highest value since 1970 in this series.

Trade as a share of GDP in other countries

Related statistics for Cuba

All statistics for Cuba