Adjusted savings: consumption of fixed capital in Cuba
Cuba: Adjusted savings: consumption of fixed capital was 12.6% in 2019. ▲ Rising
Adjusted savings: consumption of fixed capital in Cuba, 1970–2019
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2019, adjusted savings: consumption of fixed capital in Cuba stood at 12.6%.
Compared with earlier readings it is down 1.4% on the previous year and up 8.2% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Cuba peaked at 12.8% in 2018 and was at its lowest, 8.8%, in 1970.
Cuba ranks 98th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Adjusted savings: consumption of fixed capital in Cuba, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 8.8% | — |
| 1971 | 8.8% | +0.2% |
| 1972 | 8.8% | +0.1% |
| 1973 | 8.8% | +0.1% |
| 1974 | 8.8% | +0.0% |
| 1975 | 9.4% | +6.7% |
| 1976 | 9.4% | +0.1% |
| 1977 | 9.4% | +0.3% |
| 1978 | 9.4% | +0.2% |
| 1979 | 9.4% | +0.0% |
| 1980 | 10.1% | +7.5% |
| 1981 | 10.2% | +0.8% |
| 1982 | 10.3% | +0.4% |
| 1983 | 10.3% | +0.3% |
| 1984 | 10.3% | +0.2% |
| 1985 | 11.0% | +6.4% |
| 1986 | 11.1% | +1.1% |
| 1987 | 11.1% | -0.0% |
| 1988 | 11.1% | +0.3% |
| 1989 | 11.0% | -1.1% |
| 1990 | 10.6% | -3.3% |
| 1991 | 10.7% | +0.9% |
| 1992 | 10.6% | -1.0% |
| 1993 | 10.2% | -3.7% |
| 1994 | 10.4% | +1.7% |
| 1995 | 11.4% | +9.3% |
| 1996 | 11.7% | +2.9% |
| 1997 | 11.8% | +1.2% |
| 1998 | 11.9% | +0.4% |
| 1999 | 12.1% | +1.5% |
| 2000 | 12.1% | +0.4% |
| 2001 | 12.0% | -0.9% |
| 2002 | 11.8% | -1.6% |
| 2003 | 11.6% | -2.3% |
| 2004 | 11.6% | +0.1% |
| 2005 | 11.4% | -1.8% |
| 2006 | 11.1% | -2.7% |
| 2007 | 11.2% | +1.6% |
| 2008 | 11.4% | +1.6% |
| 2009 | 11.6% | +1.8% |
| 2010 | 12.1% | +4.6% |
| 2011 | 12.0% | -1.5% |
| 2012 | 12.2% | +1.6% |
| 2013 | 12.1% | -0.4% |
| 2014 | 12.1% | -0.3% |
| 2015 | 12.3% | +2.3% |
| 2016 | 12.6% | +1.9% |
| 2017 | 12.7% | +1.0% |
| 2018 | 12.8% | +0.4% |
| 2019 | 12.6% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.1% | 8.8% | 9.4% | 10 |
| 1980s | 10.6% | 10.1% | 11.1% | 10 |
| 1990s | 11.2% | 10.2% | 12.1% | 10 |
| 2000s | 11.6% | 11.1% | 12.1% | 10 |
| 2010s | 12.3% | 12.0% | 12.8% | 10 |
Countries ranked near Cuba
More economy & growth data for Cuba
- General government final consumption expenditure (current US$) 25.1 % change on previous year (2020)
- General government final consumption expenditure (current US$), per 0.3885 current US$ per US$ of GDP (2020)
- General government final consumption expenditure (current US$), per 3,731 current US$ per person (2020)
- General government final consumption expenditure (current LCU) 21.52 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3885 current LCU per US$ of GDP (2020)
- General government final consumption expenditure (current LCU), per 24,524 current LCU per person (2024)
- General government final consumption expenditure (constant 2015 US$) -7.43 % change on previous year (2024)
- General government final consumption expenditure (constant 2015 US$) 0.2523 constant 2015 US$ per US$ of GDP (2020)
- General government final consumption expenditure (constant 2015 US$) 2,335 constant 2015 US$ per person (2024)
- Households and NPISHs Final consumption expenditure (current US$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Cuba?
- Adjusted savings: consumption of fixed capital in Cuba was 12.6% in 2019, 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 12.8% in 2018.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Cuba?
- The lowest recorded value was 8.8% in 1970.
- How does Cuba rank for adjusted savings: consumption of fixed capital?
- Cuba ranks 98th out of 204 countries with data for 2019.
- Is adjusted savings: consumption of fixed capital rising or falling in Cuba?
- Over the last ten years it is up 8.2%. The long-run trend across the full record is rising.
- 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 (% of GNI). 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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.