Cuba’s Economy Surged in 2015

Cuba’s economic growth quickened significantly in 2015, according to the latest estimates from the United Nations Economic Commission for Latin America and the Caribbean. The island’s gross domestic product grew by 4 percent in 2015, after expanding by just 1.3 percent in 2014, according to the ECLAC data. That also represented Cuba’s highest year-over-year GDP … Read more

Cuba’s Economy is Booming

By the Cuba Journal staff It may be from a rapid influx of new visitors or the country’s recent lightening of foreign investment restrictions — but Cuba’s economy is booming. The country posted a 4.7 percent growth in GDP in the first half of 2015, the government said this week, which would make it one of the … Read more