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Cuba — Market Overview

🇨🇺 Cuba

Cuba does not operate like a conventional listed market, so the country page is best read as a macro dashboard centered on tourism flows, import capacity, inflation, and the government's external financing constraints. The cleanest read usually comes from tourism and services recovery, foreign-exchange availability, and whether domestic shortages and inflation are easing enough to stabilize the consumer backdrop.

Mapa regional

Datos clave

Cuba de un vistazo

Capital

Havana

Currency

Cuban Peso (CUP)

Primary exchange

State-administered market

Central bank

Cuba Central Bank

Region

Americas

Time zone

America/Havana

Country dashboard

Por qué importa este mercado

This first pass is built as a reusable country page instead of a static essay. The page now combines a stylized country map, a switchable line-chart explorer, and linked peer countries so users can move from Cuba into the rest of the region without losing the macro frame.

Explorador macro

Cambia de variable sin perder el contexto del país

GDP, inflation, labor, policy, and industrial activity are shown on a quarterly path from 2000 onward, while debt and the local equity benchmark come in when usable history exists. This keeps the page focused on fiscal room and macro regime while the broader official country pipeline keeps expanding.

Real GDP growth

Cuba starter GDP-growth path anchored to sourced country profile readings; full official historical wiring is still pending.

-5.0%0.0%5.0%10.0%201020112012201320142015201620172018201920202021202220232024
Haz clic en un año para ampliar desde ese punto.

Variables disponibles

Real GDP growth

2.0%
Tendencia 1A+9.1%
Crecimiento medio-6.2%

Qué señala esto

GDP growth is published quarterly and annualized, so each point captures how fast real output was expanding or contracting versus the prior quarter at an annual rate. It matters because it is the broadest scorecard of domestic economic momentum and sets the backdrop for revenues, employment, and policy expectations. Versus a year ago, the series is higher by 9.1%, which points to an improving or firmer backdrop on this measure. Across the displayed window, the broader trend is still downward.

Comercio y posición externa

Exportaciones, servicios y balanza externa

En lugar de un muro genérico de tarjetas macro, esta sección se centra en cómo el país capta demanda del exterior, dónde está su ventaja comercial y cómo evoluciona la balanza externa.

Comercio total CubaCUP 16,8 mil M
Bienes
Servicios
Bienes
Servicios
ExportaciónCUP 8770,0 M
CUP 8070,0 MImportación
Balanza externa2020
Exportaciones +CUP 8770,0 M
Importaciones -CUP 8070,0 M
Saldo+CUP 700,0 M
CUP 8770,0 M
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand Cuba is capturing across both physical products and higher-value intangible flows.

CUP 1610,0 M
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

CUP 0,0
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where Cuba is strongest in higher-margin, knowledge-intensive, and branded service activities.

Composición del comercio

Qué exporta el país

Socios comerciales

Dónde comercia el país

Enfoque en materias primas

Exposición a materias primas

Trade openness124.9%

Trade in goods and services equaled 124.9% of GDP in 2024. This is a quick read on how externally exposed the economy is.

Manufactures share7.8%

Manufactures accounted for 7.8% of merchandise exports in 2022.

Fuel share5.7%

Fuel exports accounted for 5.7% of merchandise exports in 2021, useful for reading commodity exposure.

Food share30.7%

Food exports accounted for 30.7% of merchandise exports in 2022, adding context on agricultural exposure.

Qué vigilar

Marco de lectura

01

tourism receipts

Cuba should first be read through tourism receipts. When this regime shifts, local multiples and sector leadership usually shift with it.

02

foreign-exchange availability

The cleanest read usually comes from tourism and services recovery, foreign-exchange availability, and whether domestic shortages and inflation are easing enough to stabilize the consumer backdrop. That makes foreign-exchange availability one of the most important signals for revising the country narrative.

03

domestic inflation pressure

The final layer is domestic inflation pressure, because it determines whether the macro backdrop turns into sustainable earnings support for the Domestic state-enterprise proxy.

Otros países

Continúa por Americas

Cada tarjeta abre la misma plantilla de país con su propio mapa, variables macro intercambiables y vista de referencia. Es la primera red enlazada de páginas de país de la región.