![]() Investment is restricted and requires approval by the government. As of 2000, public-sector employment was 76% and private-sector employment (mainly composed of self-employment) was 23%, compared to the 1981 ratio of 91% to 8%. Foreign direct investment in various Cuban economic sectors increased before 2018. In the late 2010s, private property and free-market rights along with foreign direct investment were granted by the 2018 Cuban constitution. ![]() Following the fall of the Soviet Union in 1991, the ruling Communist Party of Cuba encouraged the formation of worker co-operatives and self-employment. Most of the labor force is employed by the state. The economy of Cuba is a mixed command economy dominated by state-run enterprises. All values, unless otherwise stated, are in US dollars.
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