Gross capital formation (current US$), per capita (capita US) in Cuba
Cuba: Gross capital formation (current US$), per capita (capita US) was 948.52 current US$ per person in 2020. ▲ Rising
Gross capital formation (current US$), per capita in Cuba, 1970–2020
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
In 2020, gross capital formation (current us$), per capita in Cuba stood at 948.52 current US$ per person.
Compared with earlier readings it is down 10.6% on the previous year and up 78.6% over ten years.
Over the whole period, gross capital formation (current us$), per capita in Cuba peaked at 1,072 current US$ per person in 2018 and was at its lowest, 131.93 current US$ per person, in 1993.
Cuba ranks 119th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Gross capital formation (current US$), per capita (capita US) in Cuba, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1970 | 167.27 current US$ per person | — |
| 1971 | 199.74 current US$ per person | +19.4% |
| 1972 | 231.24 current US$ per person | +15.8% |
| 1973 | 279.67 current US$ per person | +20.9% |
| 1974 | 315.04 current US$ per person | +12.6% |
| 1975 | 356.68 current US$ per person | +13.2% |
| 1976 | 374.4 current US$ per person | +5.0% |
| 1977 | 381.68 current US$ per person | +1.9% |
| 1978 | 474.5 current US$ per person | +24.3% |
| 1979 | 516.94 current US$ per person | +8.9% |
| 1980 | 533.52 current US$ per person | +3.2% |
| 1981 | 534.95 current US$ per person | +0.3% |
| 1982 | 541.11 current US$ per person | +1.2% |
| 1983 | 563.1 current US$ per person | +4.1% |
| 1984 | 608.58 current US$ per person | +8.1% |
| 1985 | 649.06 current US$ per person | +6.7% |
| 1986 | 604.02 current US$ per person | -6.9% |
| 1987 | 557.5 current US$ per person | -7.7% |
| 1988 | 632.32 current US$ per person | +13.4% |
| 1989 | 675.42 current US$ per person | +6.8% |
| 1990 | 668.26 current US$ per person | -1.1% |
| 1991 | 317.54 current US$ per person | -52.5% |
| 1992 | 134.02 current US$ per person | -57.8% |
| 1993 | 131.93 current US$ per person | -1.6% |
| 1994 | 136.99 current US$ per person | +3.8% |
| 1995 | 195.36 current US$ per person | +42.6% |
| 1996 | 362.8 current US$ per person | +85.7% |
| 1997 | 344.9 current US$ per person | -4.9% |
| 1998 | 307.94 current US$ per person | -10.7% |
| 1999 | 303.75 current US$ per person | -1.4% |
| 2000 | 344.01 current US$ per person | +13.3% |
| 2001 | 325.94 current US$ per person | -5.3% |
| 2002 | 276.37 current US$ per person | -15.2% |
| 2003 | 272.35 current US$ per person | -1.5% |
| 2004 | 299.15 current US$ per person | +9.8% |
| 2005 | 407.96 current US$ per person | +36.4% |
| 2006 | 507.85 current US$ per person | +24.5% |
| 2007 | 489.59 current US$ per person | -3.6% |
| 2008 | 740.17 current US$ per person | +51.2% |
| 2009 | 556.64 current US$ per person | -24.8% |
| 2010 | 531.1 current US$ per person | -4.6% |
| 2011 | 517.1 current US$ per person | -2.6% |
| 2012 | 554.89 current US$ per person | +7.3% |
| 2013 | 641.43 current US$ per person | +15.6% |
| 2014 | 543.96 current US$ per person | -15.2% |
| 2015 | 725.59 current US$ per person | +33.4% |
| 2016 | 775.39 current US$ per person | +6.9% |
| 2017 | 886.74 current US$ per person | +14.4% |
| 2018 | 1,072 current US$ per person | +20.9% |
| 2019 | 1,061 current US$ per person | -1.0% |
| 2020 | 948.52 current US$ per person | -10.6% |
Cuba compared with similar countries
- Cuba's 948.52 current US$ per person is below the median for upper middle income countries, which is 1,804 current US$ per person, 53% of the median. (52 countries reporting)
- Cuba's 948.52 current US$ per person is below the median for Latin America & Caribbean, which is 1,900 current US$ per person, 50% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current US$), per capita (capita US) in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +85.7% | 195.36 current US$ per person | 362.8 current US$ per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 329.72 current US$ per person | 167.27 current US$ per person | 516.94 current US$ per person | 10 |
| 1980s | 589.96 current US$ per person | 533.52 current US$ per person | 675.42 current US$ per person | 10 |
| 1990s | 290.35 current US$ per person | 131.93 current US$ per person | 668.26 current US$ per person | 10 |
| 2000s | 422 current US$ per person | 272.35 current US$ per person | 740.17 current US$ per person | 10 |
| 2010s | 730.98 current US$ per person | 517.1 current US$ per person | 1,072 current US$ per person | 10 |
| 2020s | 948.52 current US$ per person | 948.52 current US$ per person | 948.52 current US$ per person | 1 |
Countries ranked near Cuba
- 116 Vanuatu 1,033 current US$ per person compare
- 117 Cape Verde 1,009 current US$ per person compare
- 118 Mauritania 974.1 current US$ per person compare
- 120 India 935.14 current US$ per person compare
- 121 Philippines 923.43 current US$ per person compare
- 122 Libya 920.37 current 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 (current us$), per capita in Cuba?
- Gross capital formation (current us$), per capita in Cuba was 948.52 current US$ per person in 2020, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), per capita recorded in Cuba?
- The highest recorded value was 1,072 current US$ per person in 2018.
- What is the lowest gross capital formation (current us$), per capita recorded in Cuba?
- The lowest recorded value was 131.93 current US$ per person in 1993.
- How does Cuba rank for gross capital formation (current us$), per capita?
- Cuba ranks 119th out of 187 countries with data for 2020.
- Is gross capital formation (current us$), per capita rising or falling in Cuba?
- Over the last ten years it is up 78.6%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (current US$) 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 (current US$) ÷ Population, total
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.