Cuban economy

Access the most in-depth analysis of the Cuban economy with CiberCuba. From economic reforms to the challenges and opportunities of the local economy, we cover all aspects affecting Cuba's financial landscape.

The most used cell phones by Cubans: Android in Cuba and Apple abroad

CADECA announces the opening of new offices for currency exchange across the country: Here are the locations

Cupet expects an increase in crude oil and gas production in 2025, but admits it is not enough to stop the blackouts

Today's most viewed on CiberCuba: comebacks, controversies, and realities that shake the island and its diaspora

"Hunger is prevalent in Cuba": Economist criticizes the official program "Cuadrando la Caja"

Cubans react to the "Don't eat potatoes or rice" suggestion on national television

Cuban government reveals budget for 2026: How much is it in USD according to the "floating" rate?

The Hydra of Distortions: The regime "has decided to plan more distortions," according to a Cuban economist

Impossible Christmas! That's how the prices of rice, chicken, and pork are in Cuban markets

Cuban professor questions the Central Bank's floating rate due to lack of real data

La Crema releases a song about the "floating rate."

Cuban government implements a "decentralized" wage system for state-owned enterprises: What does it entail?

The government is hiding an agricultural crisis worse than that of the Special Period with propaganda, warns Cuban economist

Ulises Toirac criticizes the economic barriers that make basic products expensive: Salt costs as if it came from the Himalayas

Cuban lawmaker defends small and medium-sized enterprises and dreams of returning to the productivity of the pre-revolution era

Cuban regime sets world record for currency devaluation in 2025

Fear, control, and manipulation: The tools of the Cuban regime to impose the official exchange rate

The floating rate of the Cuban government remains unchanged on its second day

Luis Alberto García highlights the misery behind the new rate: "My mother's pension doesn't even cover a carton of eggs."

The best memes about the floating rate in Cuba: humor in times of economic crisis

Can the "exchange rate transformation" rescue the economy of the Cuban regime?

Cuban regime projects a 1% GDP growth for 2026 and triggers a wave of mockery

Blow to entrepreneurship: The Cuban Government closes dozens of small and medium-sized enterprises

Three Rates and a Lie: Another Twist in Economic Control in Cuba

First reaction from El Toque after the government's announcement of the "floating" rate

"Who finally works for the CIA?" Ulises Toirac mocks the government's new tax

The new currency policy of the regime explained without sugarcoating… and why only GAESA benefits

"Each measure is more poverty for the worker": Cubans react to the new floating rate

This is the new official rate at CADECA: See the differences with El Toque

Cuban economist denounces that the new official rate is designed to benefit GAESA

Central Bank of Cuba announces new floating exchange rate for foreign currencies: How will it work?

The Cuban regime announces a special appearance following the controversy over the partial dollarization of the economy

Cuba and Haiti, the only two countries in Latin America with a decline in GDP this year

The extractive economy of exile: How the Cuban regime lives off the money of those fleeing communism

What Díaz-Canel said: Promises of efficiency in a paralyzed country without freedom

With the "ordering," Cuba endured the worst of neoliberalism, but never reaped its benefits

Ulises Toirac mocks the dollarization and monetary chaos in Cuba and proposes the "pesolar."

The foreigner pays for the beer, hands over the dollar, and the benefit is for the people: The new economic logic of the Cuban minister

Decree-Law 113 consolidates Alejandro Gil's monetary policy and legalizes partial dollarization in Cuba

Minister of Economy on Decree-Law 113 in Cuba: "We do not want to access foreign currency at all costs."

Following the PCC plenary's cut, the National Assembly is now also limiting its session to a single day and holding it via videoconference

elTOQUE explains why the price of the freely convertible currency in Cuba has skyrocketed

The Cuban government announces a new system for the management, control, and allocation of foreign currency

Surviving in Cuba costs 50,000 pesos a month, warns economist

Who governs Cuba today?

It costs more than a whole salary! Look at what this Cuban paid for his first pair of expensive shoes in Cuba

Total instability: Felton goes back offline from the SEN hours after synchronizing

"‘They have ruined Cuba’: Filmmaker portrays the country destroyed by the regime"

The Cuban regime promises to “regain control of the dollar” without foreign currency or trust

María Victoria Gil clarifies how Díaz-Canel testified in the trial against Alejandro Gil: “He was not in the courtroom.”

Three ideas on the Cuban economic collapse

"Do it fast, fail fast": The powerful message from the young Cuban who built a business with what he had in his backyard

The Cuban regime fears that a fall of Maduro will accelerate its own economic crisis

Informal market rates under the regime's scrutiny: El Toque reveals the poverty and inequality of “dollarized Cuba”

100% of state workers live in extreme poverty in Cuba

Cubana shows her purchase of 23,790 pesos and users react indignant: "It's not enough for anything."

The rate of elToque is not perfect, but where is the alternative?

New Cuban video game revives the Jurassic period: Could it be inspired by current events?

OCDH responds to UN rapporteur: “The misery in Cuba is due to communism, not foreign sanctions.”

Economist questions the new opening to foreign investment: "It does not address Cuba's structural risks."