Bank net interest margin in Cuba
Cuba: Bank net interest margin was 1.8% in 2020. ▼ Falling
Bank net interest margin in Cuba, 2001–2020
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank net interest margin in Cuba is 1.8%, measured in 2020.
The figure is up 5.6% on the previous year and up 93.8% over ten years.
Over the whole period, bank net interest margin in Cuba peaked at 3.7% in 2001 and was at its lowest, 0.8%, in 2016.
That places Cuba 128th out of 166 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Bank net interest margin in Cuba, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 3.7% | — |
| 2002 | 3.4% | -8.6% |
| 2003 | 3.5% | +3.2% |
| 2004 | 1.7% | -51.0% |
| 2005 | 1.5% | -12.0% |
| 2006 | 1.5% | +2.0% |
| 2007 | 0.9% | -38.2% |
| 2015 | 0.9% | -3.4% |
| 2016 | 0.8% | -11.5% |
| 2017 | 1.5% | +80.0% |
| 2018 | 1.8% | +24.7% |
| 2019 | 1.7% | -4.3% |
| 2020 | 1.8% | +5.6% |
Cuba compared with similar countries
- Cuba's 1.8% is below the median for upper middle income countries, which is 3.6%, 52% of the median. (47 countries reporting)
- Cuba's 1.8% is below the median for Latin America & Caribbean, which is 4.5%, 41% of the median. (30 countries reporting)
Biggest year-on-year movements
Years where Bank net interest margin 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 |
|---|---|---|---|
| 2017 | +80.0% | 0.8% | 1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.3% | 0.9% | 3.7% | 7 |
| 2010s | 1.3% | 0.8% | 1.8% | 5 |
| 2020s | 1.8% | 1.8% | 1.8% | 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 net interest margin in Cuba?
- Bank net interest margin in Cuba was 1.8% in 2020, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Cuba?
- The highest recorded value was 3.7% in 2001.
- What is the lowest bank net interest margin recorded in Cuba?
- The lowest recorded value was 0.8% in 2016.
- How does Cuba rank for bank net interest margin?
- Cuba ranks 128th out of 166 countries with data for 2020.
- Is bank net interest margin rising or falling in Cuba?
- Over the last ten years it is up 93.8%. The long-run trend across the full record is falling.
- Where does this Cuba data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are 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.