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Cuban Gov. Admits Inability to Reverse Economic Collapse

Summary by Havana Times
Official data confirms the alarming 11% drop in Cuba’s Gross Domestic Product (GDP) over the past five years. The post Cuban Gov. Admits Inability to Reverse Economic Collapse appeared first on Havana Times.

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Havana., Cuba closed 2024 with a contraction of 1.1 percent in its gross domestic product (GDP), which represents the second consecutive year of regression, according to official reports.

·Mexico
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Santa Maria TimesSanta Maria Times
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Center

HAVANA (AP) — Cuba's economy shrank 1.7% in 2024, bringing its gross domestic product (GDP) down 11% over five years, island authorities reported Monday.

·Calhoun, United States
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Center

Cuba's Gross Domestic Product (GDP) contracted 1.1 percent in 2024, as confirmed by the island's Ministry of Economy.

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EFE broke the news in on Monday, July 14, 2025.
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