GDP

2022 Will Be Decisive in Cuba’s Economic Development

The year 2022 will be decisive in Cuba’s plans for economic development. It marks the beginning of the second stage…

4 years ago

Cuba’s GDP Contracts by 11%

Cuba's Gross Domestic Product (GDP) contracted by 11% in 2020 due to the COVID-19 pandemic and hardening of U.S. sanctions…

5 years ago

Cuban GDP growth forecast for 2019

In 2019, the Cuban economy is forecast to grow by one-and-a-half percent, following a growth rate of 1.2 percent in…

6 years ago

Cuba Reports Modest Growth in GDP for First Half of Year

Cuba's President Miguel Diaz-Canel told the audience at the National Assembly of People's Power that the Gross Domestic Product (GDP)…

7 years ago

Remittances to Cuba Form a Vital Part of the Economy

The inflow of hard currency through sectors such as the tourism and remittances form a significant part of revenues earned…

9 years ago

Cuban Economy Facing Slowed Growth to End of 2016

Cuban President Raul Castro spoke to members of Cuba's National Assembly on Friday outlining factors affecting Cuba's economic outlook for…

9 years ago