Comunidad Virtual Cubana

La Colonia Cubana
Revista Mensual



Economic Statistical Information

Est. 1996 1997 1998
GDP Purchasing power parity: $16.9 billion $17.3 billion
GDP real growth rate: 7.8% 2.5% 1.2%
GDP per capita income: $1,480 $1,540 $1,560
GDP - composition by sector: agriculture: 7.0% industry: 31.0% services: 62.0% (1996 est.)
  agriculture: 7.4% industry: 36.5% services: 56.1% (1997 est.)
Inflation rate consumer price index: NA%
Labor force: total: 4.71 million economically active population (1989 est.)
4.50 million economically active population (1996 est.)
3,527,000 employed in state civilian sector (1989 est.)
Note: state sector 76%
non-state sector 24% (1996 est.)
By Occupation: services and government 30%, industry 22%, agriculture 20%, commerce 11%, construction 10%, transportation and communications 7% (June 1990)
Unemployment rate: 6.8% (1997 est.)
Budget: Revenues: $12.3 billion
Expenditures: $13 billion (1998 est.)
Natural resources: Nickel, cobalt, iron ore, copper, manganese, salt, timber.
Agriculture: Products- sugar, citrus and tropical fruits, tobacco, coffee, rice, beans, meat, livestock, and vegetables.
Industry: Types- sugar, food processing, oil refining, cement, electric power, light consumer and industrial products.
Industrial production growth rate: 6% (1995 est.)
Electricity: capacity: 4.082 million kW (1995)
production: 14.1 billion kWh (1997)
Production by Source: fossil fuel: 98.96% hydro: 1.04% nuclear: 0% other: 0% (1996)
Consumption per Capita: 822 kWh (1995 est.)
Exports: Total Value: $2.1 billion (f.o.b., 1996 est.)
$1.9 billion (f.o.b., 1997 est.)
$1.4 billion (f.o.b., 1998 est.)
Commodities: sugar, nickel, tobacco, shellfish, medical products, citrus, coffee, rum.
Major markets: Canada 23%, Russia 21% China 7% (1996 est.)
Russia 25%, Canada 15%, Netherlands 11% (1997 est.)
Russia 27%, Canada 18%, Spain 8% (1998 est.)
Imports: Total Value: $3.5 billion (c.i.f., 1996 est.)
$3.3 billion (c.i.f., 1997 est.)
$3 billion (c.i.f., 1998 est.)
Commodities: petroleum, food, machinery, chemicals
Major suppliers: Russia 14%, Spain 13%, Mexico 11% (1996 est.)
Spain 14%, Russia12%, Mexico 9% (1997 est.)
Spain 17%, France 9%, Canada 9% (1998 est.)
Debt - external: $10.5 billion (convertible currency, 1996); another $20 billion owed to Russia (1996)
  $10.1 billion (convertible currency, 1997); another $20 billion owed to Russia (1997)
Economic aid: recipient: $46 million (1997 est.)
Currency: 1 Cuban peso (Cu$) = 100 centavos
Exchange rates: Cuban pesos (Cu$) per US$1 - 1.0000
(non-convertible, official rate, linked to the US dollar)
23 Cuban pesos=U.S.$1 (internal exchange rate)
Fiscal year: calendar year


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