Cuba vs Iceland: Gross fixed capital formation

Cuba
10.54 billion current US$
in 2020
Iceland
10.29 billion current US$
in 2025
Cuba rank
93rd
Iceland rank
94th

Gross fixed capital formation over time

  • Cuba
  • Iceland
02.5B5.0B7.5B10.0B12.5B197019972025

How they compare

Cuba currently reports 10.54 billion current US$ against 10.29 billion current US$ in Iceland, a difference of 249.40 million current US$.

The two have swapped places 2 times across 51 shared years of data; in 1970 it was Cuba ahead.

Cuba ranks 93rd and Iceland ranks 94th of 179 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 3.07 billion current US$ 495.40 million current US$ 2.57 billion current US$ Cuba
1980s 5.93 billion current US$ 981.78 million current US$ 4.95 billion current US$ Cuba
1990s 3.60 billion current US$ 1.54 billion current US$ 2.07 billion current US$ Cuba
2000s 4.15 billion current US$ 3.60 billion current US$ 553.81 million current US$ Cuba
2010s 7.66 billion current US$ 3.63 billion current US$ 4.03 billion current US$ Cuba
2020s 10.54 billion current US$ 4.63 billion current US$ 5.91 billion current US$ Cuba

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation, Cuba or Iceland?
Cuba, at 10.54 billion current US$ against 10.29 billion current US$ in Iceland as of 2020.
What is the difference in gross fixed capital formation between Cuba and Iceland?
249.40 million current US$, with Cuba ahead.
How many years of comparable data are there for Cuba and Iceland?
51 years are reported by both, from 1970 to 2020.
How do Cuba and Iceland rank globally for gross fixed capital formation?
Cuba ranks 93rd and Iceland ranks 94th of 179 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Gross fixed capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
223 places, 10,305 data points, 1960–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.