Cuba

Cuba : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$13.26 billion (2011 est.)
$10.65 billion (2010 est.)

Exports

$6.347 billion (2011 est.)
$4.598 billion (2010 est.)

Inflation rate (consumer prices)

4.7% (2011 est.)
2.9% (2010 est.)

Unemployment rate

1.4% (2011 est.)
1.6% (2010 est.)

GDP - per capita (PPP)

$9,900 (2010 est.)
$9,800 (2009 est.)
$9,700 (2008 est.)
note: data are in 2011 US dollars

National product real growth rate

1.5% (2010 est.)
1.4% (2009 est.)
4.1% (2008 est.)

Internet users

1.606 million
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" (2009)

Telephones - mobile cellular

1.003 million (2009)

Population growth rate

-0.115% (2012 est.)

Population

11,075,244 (July 2012 est.)

Historical background

The native Amerindian population of Cuba began to decline after the European discovery of the island by Christopher COLUMBUS in 1492 and following its development as a Spanish colony during the next several centuries.

Large numbers of African slaves were imported to work the coffee and sugar plantations, and Havana became the launching point for the annual treasure fleets bound for Spain from Mexico and Peru.

Spanish rule eventually provoked an independence movement and occasional rebellions that were harshly suppressed.

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Cuba

Economic overview

The government continues to balance the need for economic loosening against a desire for firm political control.

The government announced it would eliminate 500,000 state jobs by March 2011 and has expanded opportunities for self-employment.

President CASTRO said such changes were needed to update the economic model to ensure the survival of socialism.

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The Economist Intelligence Unit

Country Forecast Cuba November 2014 Updater

Country Forecast Cuba November 2014 Updater

  • $ 635
  • Country report
  • November 2014
  • by The Economist Intelligence Unit

The priority for the 83-year-old president, Raúl Castro, will be to ensure a smooth succession to a younger generation of political leaders by 2018, when his term will end. The Economist Intelligence ...

  • Countries : Cuba

PRS Group

Country Forecasts (Subscription, two issues per year, April & October)

Country Forecasts (Subscription, two issues per year, April & October)

  • $ 882
  • Country report
  • October 2014
  • by PRS Group

Country Forecasts is a 480-page perfect-bound volume published in April and October. This publication provides a four-page summary of forecasts and data for each of the 100 countries monitored by Political ...

  • Countries : World, South America, Asia, Europe, North America, Africa, Dominican Republic, Czech Republic, South Korea, Philippines, Guinea, Congo, Democratic Republic Of, Papua New Guinea, New Zealand, Australia, Venezuela, Argentina, United States, Nicaragua, Guatemala, El Salvador, Dominica, Costa Rica, United Kingdom, Switzerland, Netherlands, United Arab Emirates, Sri Lanka, Singapore, Saudi Arabia, Kazakhstan, Indonesia, Bangladesh, Azerbaijan, South Africa, Uruguay, Suriname, Paraguay, Guyana, Ecuador, Chile, Colombia, Bolivia, Brazil, Panama, Mexico, Jamaica, Honduras, Haiti, Canada, Ukraine, Sweden, Spain, Slovakia (slovak Republic), Russian Federation, Romania, Portugal, Poland, Norway, Italy, Ireland, Hungary, Greece, France, Germany, Finland, Denmark, Bulgaria, Belgium, Austria, Vietnam, Thailand, Taiwan, Syrian Arab Republic, Pakistan, Myanmar, Malaysia, Kuwait, Japan, Israel, India, China, Zimbabwe, Zambia, Tunisia, Sudan, Nigeria, Morocco, Libyan Arab Jamahiriya, Kenya, Ivory Coast (cote D'ivoire), Gabon, Ghana, Egypt, Cameroon, Botswana, Angola, Algeria, Oceania, Peru, Cuba, Oman, Iraq, Iran

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