Bank return on assets (%, after tax) in Cuba
Cuba: Bank return on assets (%, after tax) was 1.4% in 2020. ▼ Falling
Bank return on assets in Cuba, 2001–2020
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, after tax.
Analysis
In 2020, bank return on assets in Cuba stood at 1.4%.
Compared with earlier readings it is up 29.3% on the previous year and up 10.4% over ten years.
Over the whole period, bank return on assets in Cuba peaked at 2.7% in 2001 and was at its lowest, 0.6%, in 2007.
That places Cuba 48th out of 168 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Bank return on assets (%, after tax) in Cuba, year by year
| Year | %, after tax | Change |
|---|---|---|
| 2001 | 2.7% | — |
| 2002 | 2.3% | -13.5% |
| 2003 | 2.5% | +6.4% |
| 2004 | 0.9% | -62.5% |
| 2005 | 0.7% | -18.9% |
| 2006 | 0.9% | +18.4% |
| 2007 | 0.6% | -32.7% |
| 2008 | 1.3% | +113.5% |
| 2015 | 1.3% | -0.7% |
| 2016 | 1.1% | -13.3% |
| 2017 | 1.1% | -0.9% |
| 2018 | 1.2% | +6.9% |
| 2019 | 1.1% | -6.4% |
| 2020 | 1.4% | +29.3% |
Cuba compared with similar countries
- Cuba's 1.4% is above the median for upper middle income countries, which is 1.1%, 1.2× the median. (47 countries reporting)
- Cuba's 1.4% is above the median for Latin America & Caribbean, which is 1.2%, 1.2× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Bank return on assets (%, after tax) 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 |
|---|---|---|---|
| 2008 | +113.5% | 0.6% | 1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.5% | 0.6% | 2.7% | 8 |
| 2010s | 1.1% | 1.1% | 1.3% | 5 |
| 2020s | 1.4% | 1.4% | 1.4% | 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 return on assets in Cuba?
- Bank return on assets in Cuba was 1.4% in 2020, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank return on assets recorded in Cuba?
- The highest recorded value was 2.7% in 2001.
- What is the lowest bank return on assets recorded in Cuba?
- The lowest recorded value was 0.6% in 2007.
- How does Cuba rank for bank return on assets?
- Cuba ranks 48th out of 168 countries with data for 2020.
- Is bank return on assets rising or falling in Cuba?
- Over the last ten years it is up 10.4%. 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 return on assets (%, after tax). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2115[t] / ((data2025[t] + data2025[t-1])/2). 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.