The most comprehensive report on Cuba’s Private Sector since MSMEs were legalized

Get exclusive access to the latest report by Cuban economist Ricardo Torres, featuring a data-driven analysis of the sector’s evolution, challenges, and untapped potential. Subscribe to our newsletter today and receive the document!

Why this report matters

Cuba is navigating one of the most severe economic crises in its recent history. Amid declining state performance, the private sector has become a crucial part of cuban society.

A leading source of job creation throughout the island since 2012

Driving citizen engagement in economic decision-making processes

A channel for diaspora capital and know-how, linking Cuba to global markets.

Inside the Report

Discover:

  • The rapid growth of MSMEs since legalization in 2021.

  • Why private businesses already contribute nearly 25% of national tax revenues.

  • The structural barriers—financing, regulation, taxation—that hold back growth.

  • The crucial role of the diaspora in sustaining entrepreneurship.

  • What policy changes are needed to unleash the sector’s full potential.

Cuba’s private sector:

Pressure valve or engine of development?

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Cuba Study Group

Washington DC 

United States