Annual Inflation Visualization (Cuba)

Source: World Bank (1971-2022)

11.44% Historical average
401.59% Maximum recorded
-7.39% Minimum recorded
52 Years of data

Historical Inflation Calculator for Cuba

Calculate how the value of money has changed between two specific years in Cuba.

Future Value Estimation

Estimate how the value of an amount of money will change in the future, given an average inflation rate.

Past Value Estimation

Estimate what the equivalent value of an amount of money would have been in the past, given an average inflation rate.

Historical inflation data for Cuba

Year Inflation (%) Change
2022 14.16% -387.44pp
2021 401.59% +385.04pp
2020 16.56% +13.01pp
2019 3.54% +2.51pp
2018 1.03% -3.08pp
2017 4.11% -0.21pp
2016 4.33% +0.89pp
2015 3.44% -0.02pp
2014 3.46% +0.81pp
2013 2.66% -0.26pp
2012 2.91% -1.41pp
2011 4.32% +3.12pp
2010 1.20% +0.57pp
2009 0.63% +0.98pp
2008 -0.34% -3.93pp
2007 3.59% -6.78pp
2006 10.37% +9.99pp
2005 0.38% -0.23pp
2004 0.61% -2.37pp
2003 2.97% -1.56pp
2002 4.53% +4.08pp
2001 0.45% -1.29pp
2000 1.74% -2.05pp
1999 3.79% +2.49pp
1998 1.30% +2.65pp
1997 -1.35% +1.32pp
1996 -2.67% -13.18pp
1995 10.51% -15.77pp
1994 26.28% +7.31pp
1993 18.98% +15.23pp
1992 3.75% +11.13pp
1991 -7.39% -12.65pp
1990 5.26% +4.64pp
1989 0.62% -0.61pp
1988 1.23% +0.62pp
1987 0.61% +4.52pp
1986 -3.91% -1.76pp
1985 -2.16% -4.74pp
1984 2.58% +0.99pp
1983 1.60% +3.82pp
1982 -2.23% +0.31pp
1981 -2.54% -7.93pp
1980 5.40% +2.47pp
1979 2.93% -6.39pp
1978 9.32% +13.52pp
1977 -4.19% -4.72pp
1976 0.52% -3.81pp
1975 4.33% -7.53pp
1974 11.86% +8.61pp
1973 3.25% -3.71pp
1972 6.96% -4.90pp
1971 11.86% -

About Cuba inflation

Cuba inflation measures the annual percentage change in the general level of consumer prices. This indicator is essential to understand how the purchasing power of money varies over time. Our Cuba inflation calculator allows you to visualize these changes and calculate monetary equivalences between different years.

What is inflation?

Inflation is the sustained and generalized increase in the price level of goods and services in an economy over a period of time. When inflation rises, each monetary unit buys fewer products. The inflation rate is generally measured by the Consumer Price Index (CPI), which reflects changes in the cost of a representative basket of goods and services.

How to use this inflation calculator?

Our Cuba inflation calculator offers three tools: 1) Historical calculator: enter a value and select two years to see how purchasing power has changed. 2) Future value: estimate what your money will be worth in the future with a projected inflation rate. 3) Past value: calculate the equivalent of a current amount in the past.

Data provided by the World Bank (World Bank Open Data). Data is updated annually.

Frequently Asked Questions

What is the current inflation in Cuba?
According to the latest available World Bank data, Cuba inflation in 2022 was 14.16%. This inflation rate represents the annual percentage change in the consumer price index (CPI).
How to calculate cumulative inflation in Cuba?
To calculate cumulative inflation in Cuba, use our historical calculator. Enter an initial value, select the start year and end year. The calculator will multiply the value by each year's inflation factors to give you the equivalent value and total cumulative inflation in percentage.
What was the highest inflation recorded in Cuba?
You can check Cuba's historical inflation in the chart and table on this page. The data shows the evolution of the annual inflation rate from 1971 to 2022, allowing you to identify periods of highest and lowest inflation.
How does inflation affect purchasing power?
Inflation reduces the purchasing power of money over time. For example, if inflation is 3% per year, what costs $100 today will cost $103 next year. Our inflation calculator helps you visualize exactly how much the real value of your money has changed in Cuba.
What is the historical average inflation in Cuba?
The historical average inflation in Cuba can be calculated with the data on this page. Check the statistics in the chart section where we show the historical average, as well as the maximum and minimum values recorded during the period 1971-2022.
What is the CPI and how does it relate to inflation?
The CPI (Consumer Price Index) is an indicator that measures the price variation of a basket of goods and services representative of household consumption. The inflation rate is calculated as the percentage change in the CPI between two periods. Our Cuba inflation data is based on the official CPI.