Country profile
Cuba
Latin America & Caribbean · Upper-middle income · Capital: Havana
Key figures, 2024
FDI inflows 2024
—
Inflows % of GDP
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FDI outflows
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Net FDI
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FDI % of investment
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No recent FDI flow data
Trends
FDI flows over time
No FDI flow series available
No FDI-to-GDP series
External financing mix not available
Economy at a glance
The economy behind the investment
The macroeconomic, trade and workforce indicators investors and trade officials look at alongside FDI — latest year, 15-year trend and regional and world benchmarks.
Size & growth
GDP
$107 bn2020
61st of 210
Real GDP growth
−1.1%2024
187th of 200Region 2.3%World 2.9%
GDP per capita
$9,6052020
85th of 210Region $7,169World $10,999
Population
10.9 m2025
87th of 217
Population growth
−0.4%2025
194th of 217Region 0.7%World 0.9%
Macro stability
Unemployment rate
1.8%2025
168th of 182Region 5.5%World 4.8%
Trade & structure
Exports of goods & services
$8.8 bn2020
94th of 184
Imports of goods & services
$8.1 bn2020
107th of 184
Trade openness (% of GDP)
125%2024
39th of 172Region 49.7%World 56.7%
Manufacturing, % of GDP
10.7%2024
89th of 178Region 17.7%World 14.9%
Services, % of GDP
73.4%2024
15th of 189Region 67.7%World 63.3%
High-tech exports, % of manufactured exports
7.9%2022
74th of 163Region 12.7%World 22.9%
Workforce & innovation
Labour force
4.9 m2025
85th of 182
R&D expenditure, % of GDP
0.4%2024
Region 0.7%World 2.6%
Internet users, % of population
70.5%2024
118th of 182Region 81.7%World 71.2%
Source: World Bank, World Development Indicators. Latest available year shown for each indicator; ranks are among economies reporting that year (highest = 1st). Region = World Bank regional aggregate. Growth, inflation, unemployment, the current account and government debt are shown in the IMF table above where the IMF covers the economy.
Who invests
Source and destination economies
Direct investment positions (stocks) by immediate counterpart economy, as reported to the OECD.
No bilateral positions for this economy
Structure & policy
Sectors and FDI openness
Inward FDI positions by sector
No sector breakdown
FDI Regulatory Restrictiveness
IndexNot covered by the index
Peers
Similar-sized economies in Latin America & Caribbean
The six economies in the same World Bank region with the closest GDP, ranked by FDI inflows as a share of GDP (2024).
- 🇨🇷Costa Rica5.6%
- 🇩🇴Dominican Republic3.6%
- 🇵🇦Panama2.4%
- 🇬🇹Guatemala1.6%
- 🇻🇪Venezuela1.4%
Sources & notes
World Bank, World Development Indicators
- FDI net inflows —
BX.KLT.DINV.CD.WD - FDI net outflows —
BM.KLT.DINV.CD.WD - FDI net inflows, % of GDP —
BX.KLT.DINV.WD.GD.ZS - Gross fixed capital formation —
NE.GDI.FTOT.CD - Personal remittances received —
BX.TRF.PWKR.CD.DT - Net official development assistance received —
DT.ODA.ODAT.CD - Portfolio equity net inflows —
BX.PEF.TOTL.CD.WD - Real GDP growth —
NY.GDP.MKTP.KD.ZG - Inflation (annual average) —
FP.CPI.TOTL.ZG - Unemployment rate —
SL.UEM.TOTL.ZS - Current account balance, % of GDP —
BN.CAB.XOKA.GD.ZS - Exports of goods & services —
NE.EXP.GNFS.CD - Central government debt, % of GDP —
GC.DOD.TOTL.GD.ZS
OECD: FDI statistics by partner economy and by industry (Benchmark Definition, 4th edition) and the FDI Regulatory Restrictiveness Index.
Flows vs positions. Charts on this page show annual balance-of-payments flows. Bilateral and sector figures are positions (accumulated stocks) and are not directly comparable.
Negative values. Net flows can be negative when foreign investors withdraw capital or intra-company loans are repaid faster than new investment arrives.
Timing. Headline figures use 2024, the latest year with broad coverage across economies; charts also show any newer early estimates. Rankings cover economies only, not aggregates.
Counterparts. Bilateral data record the immediate counterpart, so financial centres and conduit economies can appear larger than the ultimate investors behind them.