Cuban Economy Fell 5% in 2025 in Its Third Year in "Red Numbers"
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The CEC of the University of Havana projects a new contraction of Cuban GDP in 2026, after a 5% drop in 2025 and an accumulated loss of more than 15% since 2020.
The private sector accounted for nearly 29 per cent of the State ' s tax revenues.
Cuba's economy fell by about 5% in 2025, placing the island for the third consecutive year in "red numbers", according to estimates of the Cuban Economic Studies Center (CEEC) published Friday.
Havana, Sept. 25 (Prensa Latina) The Cuban economy suffers its greatest deterioration in thirty years due to the extreme increase of the sanctions of the United States, affirms a report from the Center for Studies of the Cuban Economy (CEEC), presented today in Havana. The post U.S. blockade causes worse deterioration of the Cuban economy first appeared on News Prensa Latina.
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