Bank concentration in Cuba
Cuba: Bank concentration was 100.0% in 2020. ▲ Rising
Bank concentration in Cuba, 2000–2020
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Cuba recorded 100.0% for bank concentration in 2020.
The figure is down 0.0% over ten years.
Over the whole period, bank concentration in Cuba peaked at 100.0% in 2000 and was at its lowest, 87.6%, in 2002.
Cuba ranks 20th of 170 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Bank concentration in Cuba, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 100.0% | — |
| 2001 | 90.3% | -9.7% |
| 2002 | 87.6% | -3.0% |
| 2003 | 87.6% | +0.0% |
| 2004 | 93.5% | +6.7% |
| 2005 | 95.6% | +2.3% |
| 2006 | 94.6% | -1.1% |
| 2007 | 99.8% | +5.5% |
| 2008 | 100.0% | +0.2% |
| 2015 | 100.0% | +0.0% |
| 2016 | 100.0% | +0.0% |
| 2017 | 100.0% | -0.0% |
| 2018 | 100.0% | -0.0% |
| 2019 | 100.0% | -0.0% |
| 2020 | 100.0% | -0.0% |
Cuba compared with similar countries
- Cuba's 100.0% is above the median for upper middle income countries, which is 70.5%, 1.4× the median. (48 countries reporting)
- Cuba's 100.0% is above the median for Latin America & Caribbean, which is 73.8%, 1.4× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 94.3% | 87.6% | 100.0% | 9 |
| 2010s | 100.0% | 100.0% | 100.0% | 5 |
| 2020s | 100.0% | 100.0% | 100.0% | 1 |
Countries ranked near Cuba
More financial sector data for Cuba
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (1957)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2016)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (1957)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- Reserve position in the IMF, SDR, per capita 0 units per person (2016)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (1957)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- Reserve tranche position, US dollar, per capita 0 units per person (2016)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (1957)
Frequently asked questions
- What is bank concentration in Cuba?
- Bank concentration in Cuba was 100.0% in 2020, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Cuba?
- The highest recorded value was 100.0% in 2000.
- What is the lowest bank concentration recorded in Cuba?
- The lowest recorded value was 87.6% in 2002.
- How does Cuba rank for bank concentration?
- Cuba ranks 20th out of 170 countries with data for 2020.
- Is bank concentration rising or falling in Cuba?
- Over the last ten years it is down 0.0%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.