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Economy Cuba
Flag of Cuba Cuba
Population: 11,308,764 (July 2004 est.)
Capital: Havana
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Tabular Data - The Cuban Economy

GDP : purchasing power parity - $32.13 billion (2003 est.)
GDP - Real Growth Rate : 2.6% (2003 est.)
GDP - Per Capita : purchasing power parity - $2,900 (2003 est.)
GDP - Composition By Sector : agriculture: 5.5%
industry: 26.9%
services: 67.6% (2003 est.)
Inflation Rate (Consumer Prices) : 4.1% (2003 est.)
Labor Force : 4.58 million
note: state sector 78%, non-state sector 22% (2003 est.)
Labor Force - By Occupation : agriculture 24%, industry 25%, services 51% (1999)
Budget : revenues: $17.21 billion
expenditures: $18.28 billion, including capital expenditures of NA (2003 est.)
Industries : sugar, petroleum, tobacco, construction, nickel, steel, cement, agricultural machinery, pharmaceuticals
Industrial Production Growth Rate : 2.4% (2003 est.)
Electricity - Production : 14.38 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 93.9%
hydro: 0.6%
nuclear: 0%
other: 5.4% (2001)
Electricity - Consumption : 13.38 billion kWh (2001)
Agriculture - Products : sugar, tobacco, citrus, coffee, rice, potatoes, beans; livestock
Exports : $1.467 billion f.o.b. (2003 est.)
Exports - Commodities : sugar, nickel, tobacco, fish, medical products, citrus, coffee
Exports - Partners : Netherlands 21.6%, Canada 17.6%, Russia 10.8%, Spain 8.6%, China 7.2% (2003 est.)
Imports : $4.531 billion f.o.b. (2003 est.)
Imports - Commodities : petroleum, food, machinery and equipment, chemicals
Imports - Partners : Spain 16.3%, Venezuela 12.3%, Italy 8.4%, US 8.3%, China 7.5%, Canada 5.3%, Mexico 5.2%, France 4.8% (2003 est.)
Debt - External : $12.52 billion (convertible currency); another $15 billion -$20 billion owed to Russia (2003 est.)
Economic Aid - Recipient : $68.2 million (1997 est.)
Currency : Cuban peso (CUP)
Currency Code : CUP
Exchange Rates : Cuban pesos per US dollar - 1.0000 (nonconvertible, official rate, for international transactions, pegged to the US dollar); convertible peso sold for domestic use at a rate of 27 pesos per US dollar by the Government of Cuba (2002)
Fiscal Year : Calendar Year

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Data Source: Central Intelligence Agency 2004 World Factbook