Cuba vs Iceland: Gross capital formation
Cuba
10.60 billion current US$
in 2020
Iceland
10.25 billion current US$
in 2025
Cuba rank
92nd
Iceland rank
94th
Gross capital formation over time
- Cuba
- Iceland
How they compare
Cuba currently reports 10.60 billion current US$ against 10.25 billion current US$ in Iceland, a difference of 348.20 million current US$.
The two have swapped places 2 times across 51 shared years of data; in 1970 it was Cuba ahead.
Cuba ranks 92nd and Iceland ranks 94th of 185 countries.
Cuba has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Cuba | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.12 billion current US$ | 500.93 million current US$ | 2.62 billion current US$ | Cuba |
| 1980s | 5.99 billion current US$ | 983.17 million current US$ | 5.00 billion current US$ | Cuba |
| 1990s | 3.15 billion current US$ | 1.54 billion current US$ | 1.61 billion current US$ | Cuba |
| 2000s | 4.75 billion current US$ | 3.64 billion current US$ | 1.11 billion current US$ | Cuba |
| 2010s | 8.23 billion current US$ | 3.63 billion current US$ | 4.60 billion current US$ | Cuba |
| 2020s | 10.60 billion current US$ | 4.64 billion current US$ | 5.96 billion current US$ | Cuba |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Cuba or Iceland?
- Cuba, at 10.60 billion current US$ against 10.25 billion current US$ in Iceland as of 2020.
- What is the difference in gross capital formation between Cuba and Iceland?
- 348.20 million current US$, with Cuba ahead.
- How many years of comparable data are there for Cuba and Iceland?
- 51 years are reported by both, from 1970 to 2020.
- How do Cuba and Iceland rank globally for gross capital formation?
- Cuba ranks 92nd and Iceland ranks 94th of 185 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.