Adjusted savings: consumption of fixed capital in Cuba
Cuba: Adjusted savings: consumption of fixed capital was 13.31 billion current US$ in 2020. ◆ Volatile
Latest (2020)
13.31 billion current US$
Change on year
up 3.9%
World rank
61st
of 206 countries
All-time high
13.31 billion current US$
in 2020
All-time low
488.60 million current US$
in 1970
Years of data
51
1970–2020
Adjusted savings: consumption of fixed capital in Cuba, 1970–2020
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2020, adjusted savings: consumption of fixed capital in Cuba stood at 13.31 billion current US$. That is the highest value across all 51 years on record.
That represents a change of up 3.9% on the previous year and up 88.2% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Cuba peaked at 13.31 billion current US$ in 2020 and was at its lowest, 488.60 million current US$, in 1970.
Cuba ranks 61st of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: consumption of fixed capital in Cuba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 488.60 million current US$ | — |
| 1971 | 594.47 million current US$ | +21.7% |
| 1972 | 699.99 million current US$ | +17.7% |
| 1973 | 859.91 million current US$ | +22.8% |
| 1974 | 982.04 million current US$ | +14.2% |
| 1975 | 1.20 billion current US$ | +21.9% |
| 1976 | 1.27 billion current US$ | +6.0% |
| 1977 | 1.31 billion current US$ | +3.3% |
| 1978 | 1.65 billion current US$ | +25.9% |
| 1979 | 1.81 billion current US$ | +9.8% |
| 1980 | 1.98 billion current US$ | +9.3% |
| 1981 | 2.02 billion current US$ | +2.0% |
| 1982 | 2.11 billion current US$ | +4.4% |
| 1983 | 2.24 billion current US$ | +6.3% |
| 1984 | 2.43 billion current US$ | +8.5% |
| 1985 | 2.46 billion current US$ | +1.3% |
| 1986 | 2.63 billion current US$ | +6.9% |
| 1987 | 2.74 billion current US$ | +4.1% |
| 1988 | 3.00 billion current US$ | +9.5% |
| 1989 | 2.92 billion current US$ | -2.6% |
| 1990 | 2.98 billion current US$ | +1.9% |
| 1991 | 2.56 billion current US$ | -14.1% |
| 1992 | 2.31 billion current US$ | -9.7% |
| 1993 | 2.25 billion current US$ | -2.5% |
| 1994 | 2.90 billion current US$ | +28.8% |
| 1995 | 3.38 billion current US$ | +16.7% |
| 1996 | 2.87 billion current US$ | -15.2% |
| 1997 | 2.95 billion current US$ | +2.7% |
| 1998 | 3.01 billion current US$ | +2.1% |
| 1999 | 3.36 billion current US$ | +11.8% |
| 2000 | 3.63 billion current US$ | +7.9% |
| 2001 | 3.75 billion current US$ | +3.2% |
| 2002 | 3.90 billion current US$ | +4.1% |
| 2003 | 4.08 billion current US$ | +4.7% |
| 2004 | 4.34 billion current US$ | +6.3% |
| 2005 | 4.77 billion current US$ | +9.9% |
| 2006 | 5.33 billion current US$ | +11.8% |
| 2007 | 5.99 billion current US$ | +12.3% |
| 2008 | 6.31 billion current US$ | +5.4% |
| 2009 | 6.50 billion current US$ | +3.0% |
| 2010 | 7.07 billion current US$ | +8.8% |
| 2011 | 8.13 billion current US$ | +14.9% |
| 2012 | 8.77 billion current US$ | +7.9% |
| 2013 | 9.23 billion current US$ | +5.3% |
| 2014 | 9.61 billion current US$ | +4.1% |
| 2015 | 10.62 billion current US$ | +10.5% |
| 2016 | 11.33 billion current US$ | +6.7% |
| 2017 | 12.13 billion current US$ | +7.0% |
| 2018 | 12.57 billion current US$ | +3.6% |
| 2019 | 12.81 billion current US$ | +1.9% |
| 2020 | 13.31 billion current US$ | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.09 billion current US$ | 488.60 million current US$ | 1.81 billion current US$ | 10 |
| 1980s | 2.45 billion current US$ | 1.98 billion current US$ | 3.00 billion current US$ | 10 |
| 1990s | 2.86 billion current US$ | 2.25 billion current US$ | 3.38 billion current US$ | 10 |
| 2000s | 4.86 billion current US$ | 3.63 billion current US$ | 6.50 billion current US$ | 10 |
| 2010s | 10.23 billion current US$ | 7.07 billion current US$ | 12.81 billion current US$ | 10 |
| 2020s | 13.31 billion current US$ | 13.31 billion current US$ | 13.31 billion current US$ | 1 |
Countries ranked near Cuba
More economy & growth data for Cuba
- Gross domestic savings (current US$), annual growth rate -16.59 % change on previous year (2020)
- Gross domestic savings (current US$), per unit of GDP 0.1053 current US$ per US$ of GDP (2020)
- Gross domestic savings (current US$), per capita 1,011 current US$ per person (2020)
- Gross domestic savings (current LCU), annual growth rate -161.38 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.1053 current LCU per US$ of GDP (2020)
- Gross domestic savings (current LCU), per capita -15,519 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 3.2 % change on previous year (2019)
- GNI, Atlas method (current US$), per unit of GDP 0.9759 current US$ per US$ of GDP (2019)
- GNI, Atlas method (current US$), per capita 9,010 current US$ per person (2019)
- GNI (current US$), annual growth rate 3.35 % change on previous year (2019)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Cuba?
- Adjusted savings: consumption of fixed capital in Cuba was 13.31 billion current US$ in 2020, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Cuba?
- The highest recorded value was 13.31 billion current US$ in 2020.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Cuba?
- The lowest recorded value was 488.60 million current US$ in 1970.
- How does Cuba rank for adjusted savings: consumption of fixed capital?
- Cuba ranks 61st out of 206 countries with data for 2020.
- Is adjusted savings: consumption of fixed capital rising or falling in Cuba?
- Over the last ten years it is up 88.2%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (current US$). Statizoid updates them automatically from the source API.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. 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.