Bank return on assets (%, before tax) in Cuba
Cuba: Bank return on assets (%, before tax) was 1.7% in 2020. ▼ Falling
Bank return on assets in Cuba, 2001–2020
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, before tax.
Analysis
The most recent figure for bank return on assets in Cuba is 1.7%, measured in 2020.
Compared with earlier readings it is up 5.2% on the previous year and down 10.9% over ten years.
Over the whole period, bank return on assets in Cuba peaked at 3.8% in 2001 and was at its lowest, 0.9%, in 2007.
Cuba ranks 53rd of 168 countries on this measure, 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 (%, before tax) in Cuba, year by year
| Year | %, before tax | Change |
|---|---|---|
| 2001 | 3.8% | — |
| 2002 | 3.4% | -9.9% |
| 2003 | 3.6% | +5.3% |
| 2004 | 1.4% | -62.6% |
| 2005 | 1.2% | -11.3% |
| 2006 | 1.3% | +10.9% |
| 2007 | 0.9% | -34.4% |
| 2008 | 1.9% | +114.6% |
| 2015 | 1.9% | -0.4% |
| 2016 | 1.7% | -11.2% |
| 2017 | 1.6% | -4.2% |
| 2018 | 1.7% | +6.1% |
| 2019 | 1.6% | -5.7% |
| 2020 | 1.7% | +5.2% |
Cuba compared with similar countries
- Cuba's 1.7% is above the median for upper middle income countries, which is 1.4%, 1.2× the median. (47 countries reporting)
- Cuba's 1.7% is above the median for Latin America & Caribbean, which is 1.6%, 1.0× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Bank return on assets (%, before 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 | +114.6% | 0.9% | 1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2% | 0.9% | 3.8% | 8 |
| 2010s | 1.7% | 1.6% | 1.9% | 5 |
| 2020s | 1.7% | 1.7% | 1.7% | 1 |
Countries ranked near Cuba
- 50 Bahamas 1.7% compare
- 51 Kyrgyzstan 1.7% compare
- 52 Saudi Arabia 1.7% compare
- 54 Trinidad and Tobago 1.6% compare
- 55 Romania 1.6% compare
- 56 Burkina Faso 1.6% compare
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 1.7% 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 3.8% in 2001.
- What is the lowest bank return on assets recorded in Cuba?
- The lowest recorded value was 0.9% in 2007.
- How does Cuba rank for bank return on assets?
- Cuba ranks 53rd 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 down 10.9%. 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 (%, before 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. Data10270[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.