Gross capital formation (current US$), annual growth rate (current US) in Cuba
Cuba: Gross capital formation (current US$), annual growth rate (current US) was -10.83 % change on previous year in 2020. ◆ Volatile
Gross capital formation (current US$), annual growth rate in Cuba, 1971–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross capital formation (current us$), annual growth rate in Cuba is -10.83 % change on previous year, measured in 2020.
The figure is down 766.1% on the previous year and down 137.3% over ten years.
Over the whole period, gross capital formation (current us$), annual growth rate in Cuba peaked at 86.33 % change on previous year in 1996 and was at its lowest, -57.53 % change on previous year, in 1992.
That places Cuba 171st out of 186 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), annual growth rate (current US) in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.51 % change on previous year | — |
| 1972 | 17.64 % change on previous year | -18.0% |
| 1973 | 22.69 % change on previous year | +28.6% |
| 1974 | 14.09 % change on previous year | -37.9% |
| 1975 | 14.49 % change on previous year | +2.8% |
| 1976 | 5.98 % change on previous year | -58.7% |
| 1977 | 2.76 % change on previous year | -53.8% |
| 1978 | 25.14 % change on previous year | +809.4% |
| 1979 | 9.52 % change on previous year | -62.1% |
| 1980 | 3.64 % change on previous year | -61.7% |
| 1981 | 0.7241 % change on previous year | -80.1% |
| 1982 | 1.8 % change on previous year | +148.8% |
| 1983 | 4.89 % change on previous year | +171.2% |
| 1984 | 8.97 % change on previous year | +83.5% |
| 1985 | 7.54 % change on previous year | -15.9% |
| 1986 | -6.14 % change on previous year | -181.5% |
| 1987 | -6.88 % change on previous year | +12.0% |
| 1988 | 14.49 % change on previous year | -310.6% |
| 1989 | 7.85 % change on previous year | -45.8% |
| 1990 | -0.1351 % change on previous year | -101.7% |
| 1991 | -52.1 % change on previous year | +38470.0% |
| 1992 | -57.53 % change on previous year | +10.4% |
| 1993 | -1.06 % change on previous year | -98.2% |
| 1994 | 4.27 % change on previous year | -504.3% |
| 1995 | 43.13 % change on previous year | +910.3% |
| 1996 | 86.33 % change on previous year | +100.2% |
| 1997 | -4.62 % change on previous year | -105.4% |
| 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 | 24.66 % change on previous year | -32.7% |
| 2007 | -3.52 % change on previous year | -114.3% |
| 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 | -2.6 % change on previous year | -43.1% |
| 2012 | 7.32 % change on previous year | -381.7% |
| 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% |
Cuba compared with similar countries
- Cuba's -10.83 % change on previous year is below the median for upper middle income countries, which is 11.21 % change on previous year. (51 countries reporting)
- Cuba's -10.83 % change on previous year is below the median for Latin America & Caribbean, which is 10.4 % change on previous year. (27 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current US$), annual growth rate (current US) in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | -38470.0% | -0.1351 % change on previous year | -52.1 % change on previous year |
| 2008 | +1555.4% | -3.52 % change on previous year | 51.24 % change on previous year |
| 2000 | +1431.2% | -1.02 % change on previous year | 13.63 % change on previous year |
| 2004 | +964.3% | -1.17 % change on previous year | 10.13 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.87 % change on previous year | 2.76 % change on previous year | 25.14 % change on previous year | 9 |
| 1980s | 3.69 % change on previous year | -6.88 % change on previous year | 14.49 % change on previous year | 10 |
| 1990s | 0.684 % change on previous year | -57.53 % change on previous year | 86.33 % change on previous year | 10 |
| 2000s | 8.69 % change on previous year | -24.78 % change on previous year | 51.24 % change on previous year | 10 |
| 2010s | 7.41 % change on previous year | -15.29 % change on previous year | 33.26 % change on previous year | 10 |
| 2020s | -10.83 % change on previous year | -10.83 % change on previous year | -10.83 % change on previous year | 1 |
Countries ranked near Cuba
- 168 Panama -7.67 % change on previous year compare
- 169 Faroe Islands -7.73 % change on previous year compare
- 170 Macao -8.45 % change on previous year compare
- 172 Senegal -10.97 % change on previous year compare
- 173 Botswana -16.78 % change on previous year compare
- 174 Angola -16.87 % change on previous year compare
More economy & growth data for Cuba
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ 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 (current us$), annual growth rate in Cuba?
- Gross capital formation (current us$), annual growth rate in Cuba was -10.83 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), annual growth rate recorded in Cuba?
- The highest recorded value was 86.33 % change on previous year in 1996.
- What is the lowest gross capital formation (current us$), annual growth rate recorded in Cuba?
- The lowest recorded value was -57.53 % change on previous year in 1992.
- How does Cuba rank for gross capital formation (current us$), annual growth rate?
- Cuba ranks 171st out of 186 countries with data for 2020.
- Is gross capital formation (current us$), annual growth rate rising or falling in Cuba?
- Over the last ten years it is down 137.3%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.