Gross capital formation (constant 2015 US$), per capita (capita 2015) in Cuba
Cuba: Gross capital formation (constant 2015 US$), per capita (capita 2015) was 775.66 constant 2015 US$ per person in 2024. ▼ Falling
Latest (2024)
775.66 constant 2015 US$ per person
Change on year
up 3.7%
World rank
107th
of 163 countries
All-time high
1,117 constant 2015 US$ per person
in 1985
All-time low
231.28 constant 2015 US$ per person
in 1994
Years of data
55
1970–2024
Gross capital formation (constant 2015 US$), per capita in Cuba, 1970–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
Cuba recorded 775.66 constant 2015 US$ per person for gross capital formation (constant 2015 us$), per capita in 2024.
Compared with earlier readings it is up 3.7% on the previous year and up 26.5% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), per capita in Cuba peaked at 1,117 constant 2015 US$ per person in 1985 and was at its lowest, 231.28 constant 2015 US$ per person, in 1994.
Cuba ranks 107th of 163 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Gross capital formation (constant 2015 US$), per capita (capita 2015) in Cuba, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1970 | 506.29 constant 2015 US$ per person | — |
| 1971 | 540.45 constant 2015 US$ per person | +6.7% |
| 1972 | 557.47 constant 2015 US$ per person | +3.1% |
| 1973 | 568.06 constant 2015 US$ per person | +1.9% |
| 1974 | 565.96 constant 2015 US$ per person | -0.4% |
| 1975 | 614.14 constant 2015 US$ per person | +8.5% |
| 1976 | 641.78 constant 2015 US$ per person | +4.5% |
| 1977 | 690.4 constant 2015 US$ per person | +7.6% |
| 1978 | 728.8 constant 2015 US$ per person | +5.6% |
| 1979 | 732.03 constant 2015 US$ per person | +0.4% |
| 1980 | 705.95 constant 2015 US$ per person | -3.6% |
| 1981 | 835.22 constant 2015 US$ per person | +18.3% |
| 1982 | 887.12 constant 2015 US$ per person | +6.2% |
| 1983 | 921.46 constant 2015 US$ per person | +3.9% |
| 1984 | 995.64 constant 2015 US$ per person | +8.1% |
| 1985 | 1,117 constant 2015 US$ per person | +12.2% |
| 1986 | 976.22 constant 2015 US$ per person | -12.6% |
| 1987 | 869.91 constant 2015 US$ per person | -10.9% |
| 1988 | 946.64 constant 2015 US$ per person | +8.8% |
| 1989 | 1,032 constant 2015 US$ per person | +9.1% |
| 1990 | 985.76 constant 2015 US$ per person | -4.5% |
| 1991 | 776.96 constant 2015 US$ per person | -21.2% |
| 1992 | 453.45 constant 2015 US$ per person | -41.6% |
| 1993 | 320.96 constant 2015 US$ per person | -29.2% |
| 1994 | 231.28 constant 2015 US$ per person | -27.9% |
| 1995 | 241.51 constant 2015 US$ per person | +4.4% |
| 1996 | 329.96 constant 2015 US$ per person | +36.6% |
| 1997 | 353.9 constant 2015 US$ per person | +7.3% |
| 1998 | 314.1 constant 2015 US$ per person | -11.2% |
| 1999 | 314.46 constant 2015 US$ per person | +0.1% |
| 2000 | 348.98 constant 2015 US$ per person | +11.0% |
| 2001 | 350.63 constant 2015 US$ per person | +0.5% |
| 2002 | 311.9 constant 2015 US$ per person | -11.0% |
| 2003 | 281.04 constant 2015 US$ per person | -9.9% |
| 2004 | 318.09 constant 2015 US$ per person | +13.2% |
| 2005 | 422.13 constant 2015 US$ per person | +32.7% |
| 2006 | 531.04 constant 2015 US$ per person | +25.8% |
| 2007 | 543.26 constant 2015 US$ per person | +2.3% |
| 2008 | 662.16 constant 2015 US$ per person | +21.9% |
| 2009 | 536 constant 2015 US$ per person | -19.1% |
| 2010 | 532.06 constant 2015 US$ per person | -0.7% |
| 2011 | 577.26 constant 2015 US$ per person | +8.5% |
| 2012 | 618.48 constant 2015 US$ per person | +7.1% |
| 2013 | 643.64 constant 2015 US$ per person | +4.1% |
| 2014 | 612.98 constant 2015 US$ per person | -4.8% |
| 2015 | 725.59 constant 2015 US$ per person | +18.4% |
| 2016 | 780.74 constant 2015 US$ per person | +7.6% |
| 2017 | 783.25 constant 2015 US$ per person | +0.3% |
| 2018 | 822.55 constant 2015 US$ per person | +5.0% |
| 2019 | 815.91 constant 2015 US$ per person | -0.8% |
| 2020 | 769.36 constant 2015 US$ per person | -5.7% |
| 2021 | 769.7 constant 2015 US$ per person | +0.0% |
| 2022 | 729.42 constant 2015 US$ per person | -5.2% |
| 2023 | 748.07 constant 2015 US$ per person | +2.6% |
| 2024 | 775.66 constant 2015 US$ per person | +3.7% |
Cuba compared with similar countries
- Cuba's 775.66 constant 2015 US$ per person is below the median for upper middle income countries, which is 1,619 constant 2015 US$ per person, 48% of the median. (45 countries reporting)
- Cuba's 775.66 constant 2015 US$ per person is below the median for Latin America & Caribbean, which is 1,555 constant 2015 US$ per person, 50% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 614.54 constant 2015 US$ per person | 506.29 constant 2015 US$ per person | 732.03 constant 2015 US$ per person | 10 |
| 1980s | 928.74 constant 2015 US$ per person | 705.95 constant 2015 US$ per person | 1,117 constant 2015 US$ per person | 10 |
| 1990s | 432.23 constant 2015 US$ per person | 231.28 constant 2015 US$ per person | 985.76 constant 2015 US$ per person | 10 |
| 2000s | 430.52 constant 2015 US$ per person | 281.04 constant 2015 US$ per person | 662.16 constant 2015 US$ per person | 10 |
| 2010s | 691.25 constant 2015 US$ per person | 532.06 constant 2015 US$ per person | 822.55 constant 2015 US$ per person | 10 |
| 2020s | 758.44 constant 2015 US$ per person | 729.42 constant 2015 US$ per person | 775.66 constant 2015 US$ per person | 5 |
Countries ranked near Cuba
- 104 India 824.16 constant 2015 US$ per person compare
- 105 Namibia 818.18 constant 2015 US$ per person compare
- 106 South Africa 789.38 constant 2015 US$ per person compare
- 108 Nicaragua 770 constant 2015 US$ per person compare
- 109 Cambodia 752.33 constant 2015 US$ per person compare
- 110 Kyrgyzstan 735.68 constant 2015 US$ per person compare
More economy & growth data for Cuba
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, US dollar, per capita 0 units per person (2016)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- SDRs holdings, SDR, per capita 0 units per person (2016)
- IMF holdings of currency, US dollar, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, US dollar, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, US dollar, per capita 0 units per person (2016)
- IMF holdings of currency, SDR, annual growth rate -100 % change on previous year (1969)
- IMF holdings of currency, SDR, per unit of GDP 0 units per US$ of GDP (2016)
- IMF holdings of currency, SDR, per capita 0 units per person (2016)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), per capita in Cuba?
- Gross capital formation (constant 2015 us$), per capita in Cuba was 775.66 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), per capita recorded in Cuba?
- The highest recorded value was 1,117 constant 2015 US$ per person in 1985.
- What is the lowest gross capital formation (constant 2015 us$), per capita recorded in Cuba?
- The lowest recorded value was 231.28 constant 2015 US$ per person in 1994.
- How does Cuba rank for gross capital formation (constant 2015 us$), per capita?
- Cuba ranks 107th out of 163 countries with data for 2024.
- Is gross capital formation (constant 2015 us$), per capita rising or falling in Cuba?
- Over the last ten years it is up 26.5%. The long-run trend across the full record is falling.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant 2015 US$) ÷ Population, total
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.