Cuba vs Greenland: Gross capital formation

Cuba
8.30 billion constant LCU
in 2024
Greenland
6.51 billion constant LCU
in 2023
Cuba rank
136th
Greenland rank
139th

Gross capital formation over time

  • Cuba
  • Greenland
2.0B4.0B6.0B8.0B10.0B12.0B197019972024

How they compare

Cuba currently reports 8.30 billion constant LCU against 6.51 billion constant LCU in Greenland, a difference of 1.79 billion constant LCU.

That makes Cuba's figure about 1.3 times Greenland's.

The two have swapped places 2 times across 21 shared years of data; in 2003 it was Cuba ahead.

Cuba ranks 136th and Greenland ranks 139th of 169 countries.

Cuba has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Cuba Greenland Difference Ahead
2000s 5.17 billion constant LCU 3.35 billion constant LCU 1.82 billion constant LCU Cuba
2010s 7.59 billion constant LCU 5.07 billion constant LCU 2.52 billion constant LCU Cuba
2020s 8.15 billion constant LCU 6.44 billion constant LCU 1.72 billion constant LCU Cuba

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation, Cuba or Greenland?
Cuba, at 8.30 billion constant LCU against 6.51 billion constant LCU in Greenland as of 2024.
What is the difference in gross capital formation between Cuba and Greenland?
1.79 billion constant LCU, with Cuba ahead.
How many years of comparable data are there for Cuba and Greenland?
21 years are reported by both, from 2003 to 2023.
How do Cuba and Greenland rank globally for gross capital formation?
Cuba ranks 136th and Greenland ranks 139th of 169 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cuba vs Greenland: Gross capital formation. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 25 August 2026, from https://economy.statizoid.com/compare/gross-capital-formation-constant-lcu/cuba/greenland/

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About this data

Indicator
Gross capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 7,054 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.