Bank Z-score in Cuba
Cuba: Bank Z-score was 22.45 in 2020. ▲ Rising
Bank Z-score in Cuba, 2000–2020
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
In 2020, bank z-score in Cuba stood at 22.45. That is the highest value across all 15 years on record.
That represents a change of up 14.8% on the previous year and up 88.9% over ten years.
Over the whole period, bank z-score in Cuba peaked at 22.45 in 2020 and was at its lowest, 4.69, in 2004.
Cuba ranks 40th of 170 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Bank Z-score in Cuba, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 14.23 | — |
| 2001 | 17.19 | +20.8% |
| 2002 | 18.79 | +9.3% |
| 2003 | 19.2 | +2.2% |
| 2004 | 4.69 | -75.6% |
| 2005 | 7.42 | +58.3% |
| 2006 | 8.89 | +19.8% |
| 2007 | 8.46 | -4.8% |
| 2008 | 11.88 | +40.5% |
| 2015 | 22.15 | +86.4% |
| 2016 | 19.88 | -10.3% |
| 2017 | 18.42 | -7.4% |
| 2018 | 18.6 | +1.0% |
| 2019 | 19.55 | +5.1% |
| 2020 | 22.45 | +14.8% |
Cuba compared with similar countries
- Cuba's 22.45 is above the median for upper middle income countries, which is 15.47, 1.5× the median. (48 countries reporting)
- Cuba's 22.45 is above the median for Latin America & Caribbean, which is 15.48, 1.5× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.3 | 4.69 | 19.2 | 9 |
| 2010s | 19.72 | 18.42 | 22.15 | 5 |
| 2020s | 22.45 | 22.45 | 22.45 | 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 z-score in Cuba?
- Bank z-score in Cuba was 22.45 in 2020, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank z-score recorded in Cuba?
- The highest recorded value was 22.45 in 2020.
- What is the lowest bank z-score recorded in Cuba?
- The lowest recorded value was 4.69 in 2004.
- How does Cuba rank for bank z-score?
- Cuba ranks 40th out of 170 countries with data for 2020.
- Is bank z-score rising or falling in Cuba?
- Over the last ten years it is up 88.9%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank Z-score. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.