Gross capital formation (constant 2015 US$), per unit of GDP in Cuba
Cuba: Gross capital formation (constant 2015 US$), per unit of GDP was 0.0801 constant 2015 US$ per US$ of GDP in 2020. ◆ Volatile
Gross capital formation (constant 2015 US$), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2020, gross capital formation (constant 2015 us$), per unit of gdp in Cuba stood at 0.0801 constant 2015 US$ per US$ of GDP. That is the lowest value across all 51 years on record.
The figure is down 9.4% on the previous year and down 20.6% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), per unit of gdp in Cuba peaked at 0.7848 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.0801 constant 2015 US$ per US$ of GDP, in 2020.
That places Cuba 154th out of 163 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant 2015 US$), per unit of GDP in Cuba, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.7848 constant 2015 US$ per US$ of GDP | — |
| 1971 | 0.7018 constant 2015 US$ per US$ of GDP | -10.6% |
| 1972 | 0.6252 constant 2015 US$ per US$ of GDP | -10.9% |
| 1973 | 0.5264 constant 2015 US$ per US$ of GDP | -15.8% |
| 1974 | 0.4651 constant 2015 US$ per US$ of GDP | -11.6% |
| 1975 | 0.4469 constant 2015 US$ per US$ of GDP | -3.9% |
| 1976 | 0.4455 constant 2015 US$ per US$ of GDP | -0.3% |
| 1977 | 0.4689 constant 2015 US$ per US$ of GDP | +5.3% |
| 1978 | 0.3966 constant 2015 US$ per US$ of GDP | -15.4% |
| 1979 | 0.3649 constant 2015 US$ per US$ of GDP | -8.0% |
| 1980 | 0.3476 constant 2015 US$ per US$ of GDP | -4.8% |
| 1981 | 0.4083 constant 2015 US$ per US$ of GDP | +17.4% |
| 1982 | 0.4197 constant 2015 US$ per US$ of GDP | +2.8% |
| 1983 | 0.4146 constant 2015 US$ per US$ of GDP | -1.2% |
| 1984 | 0.4172 constant 2015 US$ per US$ of GDP | +0.6% |
| 1985 | 0.4949 constant 2015 US$ per US$ of GDP | +18.6% |
| 1986 | 0.4128 constant 2015 US$ per US$ of GDP | -16.6% |
| 1987 | 0.3566 constant 2015 US$ per US$ of GDP | -13.6% |
| 1988 | 0.3597 constant 2015 US$ per US$ of GDP | +0.9% |
| 1989 | 0.4024 constant 2015 US$ per US$ of GDP | +11.9% |
| 1990 | 0.3659 constant 2015 US$ per US$ of GDP | -9.1% |
| 1991 | 0.3424 constant 2015 US$ per US$ of GDP | -6.4% |
| 1992 | 0.2214 constant 2015 US$ per US$ of GDP | -35.3% |
| 1993 | 0.1556 constant 2015 US$ per US$ of GDP | -29.8% |
| 1994 | 0.0885 constant 2015 US$ per US$ of GDP | -43.1% |
| 1995 | 0.0867 constant 2015 US$ per US$ of GDP | -2.0% |
| 1996 | 0.1446 constant 2015 US$ per US$ of GDP | +66.7% |
| 1997 | 0.1534 constant 2015 US$ per US$ of GDP | +6.1% |
| 1998 | 0.1347 constant 2015 US$ per US$ of GDP | -12.2% |
| 1999 | 0.1227 constant 2015 US$ per US$ of GDP | -8.9% |
| 2000 | 0.1268 constant 2015 US$ per US$ of GDP | +3.3% |
| 2001 | 0.1233 constant 2015 US$ per US$ of GDP | -2.8% |
| 2002 | 0.1038 constant 2015 US$ per US$ of GDP | -15.8% |
| 2003 | 0.0877 constant 2015 US$ per US$ of GDP | -15.5% |
| 2004 | 0.0936 constant 2015 US$ per US$ of GDP | +6.6% |
| 2005 | 0.1115 constant 2015 US$ per US$ of GDP | +19.1% |
| 2006 | 0.1226 constant 2015 US$ per US$ of GDP | +10.0% |
| 2007 | 0.113 constant 2015 US$ per US$ of GDP | -7.9% |
| 2008 | 0.1328 constant 2015 US$ per US$ of GDP | +17.5% |
| 2009 | 0.1053 constant 2015 US$ per US$ of GDP | -20.7% |
| 2010 | 0.1009 constant 2015 US$ per US$ of GDP | -4.2% |
| 2011 | 0.0946 constant 2015 US$ per US$ of GDP | -6.3% |
| 2012 | 0.0956 constant 2015 US$ per US$ of GDP | +1.1% |
| 2013 | 0.0943 constant 2015 US$ per US$ of GDP | -1.4% |
| 2014 | 0.0858 constant 2015 US$ per US$ of GDP | -9.0% |
| 2015 | 0.0939 constant 2015 US$ per US$ of GDP | +9.5% |
| 2016 | 0.0963 constant 2015 US$ per US$ of GDP | +2.5% |
| 2017 | 0.091 constant 2015 US$ per US$ of GDP | -5.5% |
| 2018 | 0.0923 constant 2015 US$ per US$ of GDP | +1.5% |
| 2019 | 0.0884 constant 2015 US$ per US$ of GDP | -4.3% |
| 2020 | 0.0801 constant 2015 US$ per US$ of GDP | -9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5226 constant 2015 US$ per US$ of GDP | 0.3649 constant 2015 US$ per US$ of GDP | 0.7848 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 0.4034 constant 2015 US$ per US$ of GDP | 0.3476 constant 2015 US$ per US$ of GDP | 0.4949 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.1816 constant 2015 US$ per US$ of GDP | 0.0867 constant 2015 US$ per US$ of GDP | 0.3659 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.1121 constant 2015 US$ per US$ of GDP | 0.0877 constant 2015 US$ per US$ of GDP | 0.1328 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.0933 constant 2015 US$ per US$ of GDP | 0.0858 constant 2015 US$ per US$ of GDP | 0.1009 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.0801 constant 2015 US$ per US$ of GDP | 0.0801 constant 2015 US$ per US$ of GDP | 0.0801 constant 2015 US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 151 Zimbabwe 0.0967 constant 2015 US$ per US$ of GDP compare
- 152 Bermuda 0.0949 constant 2015 US$ per US$ of GDP compare
- 153 Comoros 0.0884 constant 2015 US$ per US$ of GDP compare
- 155 South Sudan 0.0575 constant 2015 US$ per US$ of GDP compare
- 156 Iraq 0.052 constant 2015 US$ per US$ of GDP compare
- 157 Puerto Rico 0.0511 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Cuba
- Gross capital formation (constant 2015 US$), annual growth rate 3.31 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per capita 775.66 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate -26.47 % change on previous year (2020)
- Imports of goods and services (current US$), per unit of GDP 0.0751 current US$ per US$ of GDP (2020)
- Imports of goods and services (current US$), per capita 721.79 current US$ per person (2020)
- Imports of goods and services (current LCU), annual growth rate 43.89 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.0751 current LCU per US$ of GDP (2020)
- Imports of goods and services (current LCU), per capita 81,399 current LCU per person (2024)
- Imports of goods and services (constant 2015 US$), annual growth rate -1.34 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.0908 constant 2015 US$ per US$ of GDP (2020)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), per unit of gdp in Cuba?
- Gross capital formation (constant 2015 us$), per unit of gdp in Cuba was 0.0801 constant 2015 US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.7848 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest gross capital formation (constant 2015 us$), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.0801 constant 2015 US$ per US$ of GDP in 2020.
- How does Cuba rank for gross capital formation (constant 2015 us$), per unit of gdp?
- Cuba ranks 154th out of 163 countries with data for 2020.
- Is gross capital formation (constant 2015 us$), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 20.6%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.