Bank return on equity (%, after tax) in Cuba
Cuba: Bank return on equity (%, after tax) was 9.1% in 2020. ▼ Falling
Bank return on equity in Cuba, 2001–2020
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, after tax.
Analysis
The most recent figure for bank return on equity in Cuba is 9.1%, measured in 2020.
The figure is up 17.9% on the previous year and down 48.3% over ten years.
Over the whole period, bank return on equity in Cuba peaked at 26.7% in 2001 and was at its lowest, 7.0%, in 2016.
Cuba ranks 98th 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 equity (%, after tax) in Cuba, year by year
| Year | %, after tax | Change |
|---|---|---|
| 2001 | 26.7% | — |
| 2002 | 19.5% | -26.9% |
| 2003 | 19.3% | -1.2% |
| 2004 | 20.6% | +7.0% |
| 2005 | 18.3% | -11.3% |
| 2006 | 15.6% | -14.8% |
| 2007 | 9.6% | -38.2% |
| 2008 | 17.6% | +82.4% |
| 2015 | 7.6% | -56.8% |
| 2016 | 7.0% | -7.2% |
| 2017 | 7.7% | +9.1% |
| 2018 | 8.5% | +10.7% |
| 2019 | 7.7% | -9.4% |
| 2020 | 9.1% | +17.9% |
Cuba compared with similar countries
- Cuba's 9.1% is below the median for upper middle income countries, which is 9.8%, 93% of the median. (47 countries reporting)
- Cuba's 9.1% is below the median for Latin America & Caribbean, which is 10.7%, 85% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.4% | 9.6% | 26.7% | 8 |
| 2010s | 7.7% | 7.0% | 8.5% | 5 |
| 2020s | 9.1% | 9.1% | 9.1% | 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 equity in Cuba?
- Bank return on equity in Cuba was 9.1% in 2020, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank return on equity recorded in Cuba?
- The highest recorded value was 26.7% in 2001.
- What is the lowest bank return on equity recorded in Cuba?
- The lowest recorded value was 7.0% in 2016.
- How does Cuba rank for bank return on equity?
- Cuba ranks 98th out of 168 countries with data for 2020.
- Is bank return on equity rising or falling in Cuba?
- Over the last ten years it is down 48.3%. 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 equity (%, after tax). 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. Data2115[t] / ((data2055[t] + data2055[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.