Bank cost to income ratio (%) in Cuba
Cuba: Bank cost to income ratio (%) was 26.0% in 2020. ◆ Volatile
Bank cost to income ratio in Cuba, 2000–2020
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2020, bank cost to income ratio in Cuba stood at 26.0%.
Compared with earlier readings it is up 138.1% on the previous year and up 66.8% over ten years.
Over the whole period, bank cost to income ratio in Cuba peaked at 63.2% in 2003 and was at its lowest, 10.1%, in 2018.
That places Cuba 165th out of 169 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Bank cost to income ratio (%) in Cuba, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 41.5% | — |
| 2001 | 52.8% | +27.1% |
| 2002 | 56.9% | +7.8% |
| 2003 | 63.2% | +11.2% |
| 2004 | 17.8% | -71.9% |
| 2005 | 19.6% | +10.3% |
| 2006 | 23.5% | +20.0% |
| 2007 | 15.6% | -33.6% |
| 2015 | 12.3% | -21.3% |
| 2016 | 12.2% | -0.7% |
| 2017 | 11.5% | -5.4% |
| 2018 | 10.1% | -12.3% |
| 2019 | 10.9% | +8.2% |
| 2020 | 26.0% | +138.1% |
Cuba compared with similar countries
- Cuba's 26.0% is below the median for upper middle income countries, which is 54.3%, 48% of the median. (48 countries reporting)
- Cuba's 26.0% is below the median for Latin America & Caribbean, which is 56.8%, 46% of the median. (30 countries reporting)
Biggest year-on-year movements
Years where Bank cost to income ratio (%) in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +138.1% | 10.9% | 26.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.4% | 15.6% | 63.2% | 8 |
| 2010s | 11.4% | 10.1% | 12.3% | 5 |
| 2020s | 26.0% | 26.0% | 26.0% | 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 cost to income ratio in Cuba?
- Bank cost to income ratio in Cuba was 26.0% in 2020, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Cuba?
- The highest recorded value was 63.2% in 2003.
- What is the lowest bank cost to income ratio recorded in Cuba?
- The lowest recorded value was 10.1% in 2018.
- How does Cuba rank for bank cost to income ratio?
- Cuba ranks 165th out of 169 countries with data for 2020.
- Is bank cost to income ratio rising or falling in Cuba?
- Over the last ten years it is up 66.8%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank cost to income ratio (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.