Gross capital formation (current LCU), per unit of GDP in Cuba
Cuba: Gross capital formation (current LCU), per unit of GDP was 0.0987 current LCU per US$ of GDP in 2020. ▼ Falling
Gross capital formation (current LCU), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross capital formation (current lcu), per unit of gdp in Cuba is 0.0987 current LCU per US$ of GDP, measured in 2020.
That represents a change of down 14.1% on the previous year and down 9.2% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in Cuba peaked at 0.2634 current LCU per US$ of GDP in 1985 and was at its lowest, 0.0388 current LCU per US$ of GDP, in 1994.
Cuba ranks 184th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 51 years of available data.
Gross capital formation (current LCU), per unit of GDP in Cuba, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.2593 current LCU per US$ of GDP | — |
| 1971 | 0.2594 current LCU per US$ of GDP | +0.0% |
| 1972 | 0.2472 current LCU per US$ of GDP | -4.7% |
| 1973 | 0.2148 current LCU per US$ of GDP | -13.1% |
| 1974 | 0.2123 current LCU per US$ of GDP | -1.2% |
| 1975 | 0.2128 current LCU per US$ of GDP | +0.2% |
| 1976 | 0.2134 current LCU per US$ of GDP | +0.2% |
| 1977 | 0.2152 current LCU per US$ of GDP | +0.8% |
| 1978 | 0.1989 current LCU per US$ of GDP | -7.6% |
| 1979 | 0.1881 current LCU per US$ of GDP | -5.4% |
| 1980 | 0.1891 current LCU per US$ of GDP | +0.5% |
| 1981 | 0.217 current LCU per US$ of GDP | +14.7% |
| 1982 | 0.2176 current LCU per US$ of GDP | +0.3% |
| 1983 | 0.2176 current LCU per US$ of GDP | +0.0% |
| 1984 | 0.224 current LCU per US$ of GDP | +2.9% |
| 1985 | 0.2634 current LCU per US$ of GDP | +17.6% |
| 1986 | 0.2129 current LCU per US$ of GDP | -19.2% |
| 1987 | 0.1797 current LCU per US$ of GDP | -15.6% |
| 1988 | 0.1821 current LCU per US$ of GDP | +1.3% |
| 1989 | 0.2054 current LCU per US$ of GDP | +12.8% |
| 1990 | 0.1865 current LCU per US$ of GDP | -9.2% |
| 1991 | 0.1025 current LCU per US$ of GDP | -45.0% |
| 1992 | 0.0484 current LCU per US$ of GDP | -52.8% |
| 1993 | 0.0473 current LCU per US$ of GDP | -2.3% |
| 1994 | 0.0388 current LCU per US$ of GDP | -18.0% |
| 1995 | 0.0549 current LCU per US$ of GDP | +41.6% |
| 1996 | 0.159 current LCU per US$ of GDP | +189.3% |
| 1997 | 0.1495 current LCU per US$ of GDP | -5.9% |
| 1998 | 0.132 current LCU per US$ of GDP | -11.7% |
| 1999 | 0.1186 current LCU per US$ of GDP | -10.2% |
| 2000 | 0.125 current LCU per US$ of GDP | +5.5% |
| 2001 | 0.1146 current LCU per US$ of GDP | -8.3% |
| 2002 | 0.092 current LCU per US$ of GDP | -19.8% |
| 2003 | 0.085 current LCU per US$ of GDP | -7.5% |
| 2004 | 0.088 current LCU per US$ of GDP | +3.5% |
| 2005 | 0.1077 current LCU per US$ of GDP | +22.4% |
| 2006 | 0.1267 current LCU per US$ of GDP | +17.6% |
| 2007 | 0.11 current LCU per US$ of GDP | -13.2% |
| 2008 | 0.1603 current LCU per US$ of GDP | +45.8% |
| 2009 | 0.1181 current LCU per US$ of GDP | -26.3% |
| 2010 | 0.1088 current LCU per US$ of GDP | -7.9% |
| 2011 | 0.0847 current LCU per US$ of GDP | -22.1% |
| 2012 | 0.0858 current LCU per US$ of GDP | +1.2% |
| 2013 | 0.0939 current LCU per US$ of GDP | +9.5% |
| 2014 | 0.0761 current LCU per US$ of GDP | -19.0% |
| 2015 | 0.0939 current LCU per US$ of GDP | +23.4% |
| 2016 | 0.0956 current LCU per US$ of GDP | +1.8% |
| 2017 | 0.103 current LCU per US$ of GDP | +7.7% |
| 2018 | 0.1203 current LCU per US$ of GDP | +16.9% |
| 2019 | 0.1149 current LCU per US$ of GDP | -4.5% |
| 2020 | 0.0987 current LCU per US$ of GDP | -14.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2221 current LCU per US$ of GDP | 0.1881 current LCU per US$ of GDP | 0.2594 current LCU per US$ of GDP | 10 |
| 1980s | 0.2109 current LCU per US$ of GDP | 0.1797 current LCU per US$ of GDP | 0.2634 current LCU per US$ of GDP | 10 |
| 1990s | 0.1038 current LCU per US$ of GDP | 0.0388 current LCU per US$ of GDP | 0.1865 current LCU per US$ of GDP | 10 |
| 2000s | 0.1128 current LCU per US$ of GDP | 0.085 current LCU per US$ of GDP | 0.1603 current LCU per US$ of GDP | 10 |
| 2010s | 0.0977 current LCU per US$ of GDP | 0.0761 current LCU per US$ of GDP | 0.1203 current LCU per US$ of GDP | 10 |
| 2020s | 0.0987 current LCU per US$ of GDP | 0.0987 current LCU per US$ of GDP | 0.0987 current LCU per US$ of GDP | 1 |
Countries ranked near Cuba
- 181 Luxembourg 0.1372 current LCU per US$ of GDP compare
- 182 Bermuda 0.1104 current LCU per US$ of GDP compare
- 183 Bahrain 0.1066 current LCU per US$ of GDP compare
- 185 Oman 0.0955 current LCU per US$ of GDP compare
- 186 Kuwait 0.0463 current LCU per US$ of GDP compare
- 187 Equatorial Guinea -21.41 current LCU per US$ of GDP 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), annual growth rate 47.89 % change on previous year (2024)
- 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), per unit of gdp in Cuba?
- Gross capital formation (current lcu), per unit of gdp in Cuba was 0.0987 current LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.2634 current LCU per US$ of GDP in 1985.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.0388 current LCU per US$ of GDP in 1994.
- How does Cuba rank for gross capital formation (current lcu), per unit of gdp?
- Cuba ranks 184th out of 187 countries with data for 2020.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 9.2%. 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 (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.