Cuba Economy - 1986

GEOGRAPHICAL NAMES 

GNP: 814 9 billion in 197 4 dollars (1982 est.); $1 530 per capita in 1974 dollars (1982 est.); real grow th rate 1.4% (1982 est)

Natural resources: cobalt, nickel, iron, cop per, manganese, salt, forests

Agriculture: mam crops—sugar, tobacco, rice, potatoes, tubers, citrus fruits, coffee

Fishing: catch 198,400 metric tons (1984); exports $102 million (1984 est)

Major industries: sugar milling petroleum refining, food and tobacco processing, textiles, chemicals, paper and wood products, metals, cement

Shortages: spare parts for transportation and industrial machinery, consumer goods

Crude steel: 338,200 metric tons produced (1984); 34 kg per capita

Electric power: 3,461,000 k W capacity (1985); 12.915 billion kW'h produced (1985), 1,278 kWh per capita

Exports-$6 2 billion (f.o.b., 1984); sugar nickel, shellfish, tobacco, coffee, citrus

Imports: $8.1 billion (c.i.f., 1984); capital goods, industrial raw materials, food, petroleum

Major trade partners: exports—72% USSR, 17% other Gommunist countries, imports— 66% USSR, 18% other Communist countries (1984)

Aid: from US (FY46-61), $415 million (loans $37.5 million, grants $4.0 million), economic aid from USSR (1961-84), $10.6 billion in economic credit and $27.0 billion in subsidies, military assistance from the USSR (1959-78), $1.6 billion

Budget: $12.1 billion (1984)

Monetary conversion rate: 0.9346 peso=US$l (30 March 1935)

Fiscal year: calendar year

NOTE: The information regarding Cuba on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Cuba 1986 information contained here. All suggestions for corrections of any errors about Cuba 1986 should be addressed to the CIA or the source cited on each page.