The population of Cuba in 2025 is estimated to be around 10,937,203. Cuba’s nominal GDP is reported as low as $26.72 billion to as high as $110.79 billion. In 2025, Cuba's general government gross debt is projected to reach 52.34% of GDP. Cuba’s year-on-year inflation rate remains around 28%. The unemployment rate in Cuba is projected to be around 3.30% by the end of 2025.
Cuba nominal gdp 2025
Several sources provide
different forecasts for Cuba's nominal GDP in 2025:
- Trading Economics projects Cuba's GDP
to reach $110.79 billion by the end of 2025.
- Statista forecasts Cuba's GDP to
amount to $26.72 billion USD in 2025.
- The World Bank notes that the most recent value for Cuba's GDP (current US$) was $107.35 billion USD in 2020 and provides a chart showing a trend around $111 billion USD for 2024, but does not provide a specific 2025 forecast.
Note: It's important to note that these are projections and forecasts, which can vary based on the models and assumptions used. These figures also represent the nominal GDP, which doesn't account for inflation.
Additional Information:
- Cuba's government predicts 1%
growth in 2025, following a difficult year in 2024.
- The economy is currently struggling due to
factors like U.S. sanctions, the lingering effects of the COVID-19
pandemic, and an energy crisis.
- Tourism, a key sector, is expected to
continue to decline in 2025.
- The UN Economic Commission for Latin America and the Caribbean (ECLAC) predicted a -0.1% decrease in Cuba's GDP for 2025.
Cuba's Government in 2025:
As of June 16, 2025, Cuba's government is structured as a one-party communist state under the control of the Communist Party of Cuba (PCC). Political pluralism is outlawed, independent media is banned, dissent is suppressed, and basic civil liberties are severely restricted.
Here are the key figures in
the government:
- First Secretary of the Communist Party of
Cuba (and de facto leader): Miguel Díaz-Canel.
- President of Cuba: Miguel Díaz-Canel.
- Prime Minister: Manuel Marrero Cruz.
- Vice President: Salvador Valdés Mesa.
- President of the National Assembly of People's Power: Esteban Lazo Hernández.
Legislative power is
exercised through the unicameral National Assembly of People's Power,
which is considered the highest authority of the state. The government has the
power to pass decrees with the force of law.
The political system in Cuba
is a single-party authoritarian regime that does not permit political
opposition. Elections are held, but they are not considered democratic. The
government exercises extensive censorship, including limiting internet access and
suppressing independent journalism.
The Cuban government's stated
priorities for 2025 include bolstering political and ideological work, defense,
and internal order. They also aim to reshape the foreign exchange market,
increase domestic production (especially food), and address the energy crisis
through grid rehabilitation and increased renewable energy production.
However, Cuba is grappling with a severe economic crisis marked by persistent inflation, widespread poverty, and shortages of essential goods like food, fuel, and water. This crisis has led to local protests and significant emigration, raising concerns about the government's capacity to enact its priorities and achieve meaningful change.
Norb Leahy, Dunwoody GA Tea Party Leader
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