Bank return on equity (%, before tax) in Cuba
Cuba: Bank return on equity (%, before tax) was 10.8% in 2020. ▼ Falling
Bank return on equity in Cuba, 2001–2020
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, before tax.
Analysis
Cuba recorded 10.8% for bank return on equity in 2020.
Compared with earlier readings it is down 4.2% on the previous year and down 58.3% over ten years.
Over the whole period, bank return on equity in Cuba peaked at 38.1% in 2001 and was at its lowest, 10.7%, in 2016.
Cuba ranks 100th 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 (%, before tax) in Cuba, year by year
| Year | %, before tax | Change |
|---|---|---|
| 2001 | 38.1% | — |
| 2002 | 29.0% | -23.9% |
| 2003 | 28.4% | -2.2% |
| 2004 | 30.3% | +6.9% |
| 2005 | 29.4% | -3.1% |
| 2006 | 23.5% | -20.2% |
| 2007 | 14.1% | -39.8% |
| 2008 | 25.9% | +83.4% |
| 2015 | 11.2% | -56.7% |
| 2016 | 10.7% | -5.0% |
| 2017 | 11.2% | +5.5% |
| 2018 | 12.4% | +9.8% |
| 2019 | 11.3% | -8.7% |
| 2020 | 10.8% | -4.2% |
Cuba compared with similar countries
- Cuba's 10.8% is below the median for upper middle income countries, which is 12.3%, 88% of the median. (47 countries reporting)
- Cuba's 10.8% is below the median for Latin America & Caribbean, which is 14.0%, 77% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.3% | 14.1% | 38.1% | 8 |
| 2010s | 11.4% | 10.7% | 12.4% | 5 |
| 2020s | 10.8% | 10.8% | 10.8% | 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 return on equity in Cuba?
- Bank return on equity in Cuba was 10.8% 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 38.1% in 2001.
- What is the lowest bank return on equity recorded in Cuba?
- The lowest recorded value was 10.7% in 2016.
- How does Cuba rank for bank return on equity?
- Cuba ranks 100th 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 58.3%. 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 (%, before 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. Data10270[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.