Cuba it's Economic Growth Slows Real GDP growth, annual 16%
Growth has slowed sharply in recent years. According to Cuba’s national statistical agency, the country’s gross domestic product in 2013 was 77.2 billion pesos – which, depending on which exchange rate one uses, could equate to anything from $77.2 billion (at the official rate of 1 convertible peso to $1) to $3.2 billion (at the internal rate of 24 regular pesos to 1 convertible peso). But either way, growth has slowed dramatically from the mid-2000s: The CIA estimates that Cuba’s GDP grew just 1.3% last year in real (inflation-adjusted) terms – 177th out of 222 countries ranked. One big reason: With global oil prices still well below their pre-recession highs, the heavily discounted oil that Venezuela sends Cuba – some of which Cuba re-exports – is less valuable.
Cuba it's Economic Growth Slows  | Real GDP growth, annual  | 16%  | 12  | 8  | o  | 4  | 8  | 12  | 16  | 990  | 995  | '00  | '05  | '10  | '14  | Source: CIA World Factbook (2014), Oficina Nacional de Estadistica e Informacion  | (2003 2013), World Bank (1990-2002)  | PEW RESEARCH CENTER 