Gross capital formation (current LCU), annual growth rate in Cuba
Cuba: Gross capital formation (current LCU), annual growth rate was 47.89 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current LCU), annual growth rate in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross capital formation (current lcu), annual growth rate in Cuba is 47.89 % change on previous year, measured in 2024.
That represents a change of down 10.2% on the previous year and up 413.2% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in Cuba peaked at 137.87 % change on previous year in 1996 and was at its lowest, -57.1 % change on previous year, in 1992.
Cuba ranks 11th of 186 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.51 % change on previous year | — |
| 1972 | 12.11 % change on previous year | -43.7% |
| 1973 | 6.72 % change on previous year | -44.5% |
| 1974 | 12.85 % change on previous year | +91.2% |
| 1975 | 14.49 % change on previous year | +12.8% |
| 1976 | 6.11 % change on previous year | -57.8% |
| 1977 | 3.89 % change on previous year | -36.3% |
| 1978 | 16.09 % change on previous year | +313.6% |
| 1979 | 3.83 % change on previous year | -76.2% |
| 1980 | 2.22 % change on previous year | -41.9% |
| 1981 | 16.11 % change on previous year | +624.2% |
| 1982 | 4.25 % change on previous year | -73.6% |
| 1983 | 6 % change on previous year | +40.9% |
| 1984 | 11.44 % change on previous year | +90.8% |
| 1985 | 12.12 % change on previous year | +5.9% |
| 1986 | -14.6 % change on previous year | -220.4% |
| 1987 | -12.14 % change on previous year | -16.8% |
| 1988 | 10.37 % change on previous year | -185.4% |
| 1989 | 11.02 % change on previous year | +6.3% |
| 1990 | -3.76 % change on previous year | -134.1% |
| 1991 | -53.33 % change on previous year | +1319.5% |
| 1992 | -57.1 % change on previous year | +7.1% |
| 1993 | -1.06 % change on previous year | -98.1% |
| 1994 | 4.27 % change on previous year | -504.1% |
| 1995 | 51.5 % change on previous year | +1106.4% |
| 1996 | 137.87 % change on previous year | +167.7% |
| 1997 | -4.62 % change on previous year | -103.4% |
| 1998 | -10.42 % change on previous year | +125.4% |
| 1999 | -1.02 % change on previous year | -90.2% |
| 2000 | 13.63 % change on previous year | -1431.2% |
| 2001 | -4.96 % change on previous year | -136.4% |
| 2002 | -14.95 % change on previous year | +201.8% |
| 2003 | -1.17 % change on previous year | -92.2% |
| 2004 | 10.13 % change on previous year | -964.3% |
| 2005 | 36.66 % change on previous year | +262.0% |
| 2006 | 34.63 % change on previous year | -5.5% |
| 2007 | -3.52 % change on previous year | -110.2% |
| 2008 | 51.24 % change on previous year | -1555.4% |
| 2009 | -24.78 % change on previous year | -148.4% |
| 2010 | -4.57 % change on previous year | -81.6% |
| 2011 | -9.81 % change on previous year | +115.0% |
| 2012 | 7.32 % change on previous year | -174.6% |
| 2013 | 15.55 % change on previous year | +112.3% |
| 2014 | -15.29 % change on previous year | -198.4% |
| 2015 | 33.26 % change on previous year | -317.6% |
| 2016 | 6.77 % change on previous year | -79.6% |
| 2017 | 14.18 % change on previous year | +109.4% |
| 2018 | 20.71 % change on previous year | +46.0% |
| 2019 | -1.25 % change on previous year | -106.0% |
| 2020 | -10.83 % change on previous year | +766.1% |
| 2022 | -10.78 % change on previous year | -0.5% |
| 2023 | 53.34 % change on previous year | -594.7% |
| 2024 | 47.89 % change on previous year | -10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.85 % change on previous year | 3.83 % change on previous year | 21.51 % change on previous year | 9 |
| 1980s | 4.68 % change on previous year | -14.6 % change on previous year | 16.11 % change on previous year | 10 |
| 1990s | 6.23 % change on previous year | -57.1 % change on previous year | 137.87 % change on previous year | 10 |
| 2000s | 9.69 % change on previous year | -24.78 % change on previous year | 51.24 % change on previous year | 10 |
| 2010s | 6.69 % change on previous year | -15.29 % change on previous year | 33.26 % change on previous year | 10 |
| 2020s | 19.9 % change on previous year | -10.83 % change on previous year | 53.34 % change on previous year | 4 |
Countries ranked near Cuba
- 8 Aruba 55.81 % change on previous year compare
- 9 Gambia 54.11 % change on previous year compare
- 10 Malawi 52.31 % change on previous year compare
- 12 Argentina 47.69 % change on previous year compare
- 13 Türkiye 45.65 % change on previous year compare
- 14 Guyana 44.92 % change on previous year compare
More economy & growth data for Cuba
- Gross capital formation (current US$), annual growth rate -10.83 % change on previous year (2020)
- Gross capital formation (current US$), per unit of GDP 0.0987 current US$ per US$ of GDP (2020)
- Gross capital formation (current US$), per capita 948.52 current US$ per person (2020)
- Gross capital formation (current LCU), per unit of GDP 0.0987 current LCU per US$ of GDP (2020)
- Gross capital formation (current LCU), per capita 23,922 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 3.31 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.0801 constant 2015 US$ per US$ of GDP (2020)
- 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)
Frequently asked questions
- What is gross capital formation (current lcu), annual growth rate in Cuba?
- Gross capital formation (current lcu), annual growth rate in Cuba was 47.89 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in Cuba?
- The highest recorded value was 137.87 % change on previous year in 1996.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in Cuba?
- The lowest recorded value was -57.1 % change on previous year in 1992.
- How does Cuba rank for gross capital formation (current lcu), annual growth rate?
- Cuba ranks 11th out of 186 countries with data for 2024.
- Is gross capital formation (current lcu), annual growth rate rising or falling in Cuba?
- Over the last ten years it is up 413.2%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation 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
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.