Gross capital formation (current US$), per unit of GDP (unit GDP US) in Cuba
Cuba: Gross capital formation (current US$), per unit of GDP (unit GDP US) was 0.0987 current US$ per US$ of GDP in 2020. ▼ Falling
Gross capital formation (current US$), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross capital formation (current us$), per unit of gdp in Cuba is 0.0987 current US$ per US$ of GDP, measured in 2020.
The figure is down 14.1% on the previous year and down 2.0% over ten years.
Over the whole period, gross capital formation (current us$), per unit of gdp in Cuba peaked at 0.2876 current US$ per US$ of GDP in 1985 and was at its lowest, 0.0524 current US$ per US$ of GDP, in 1994.
That places Cuba 177th out of 187 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 51 years of available data.
Gross capital formation (current US$), per unit of GDP (unit GDP US) in Cuba, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.2593 current US$ per US$ of GDP | — |
| 1971 | 0.2594 current US$ per US$ of GDP | +0.0% |
| 1972 | 0.2593 current US$ per US$ of GDP | -0.0% |
| 1973 | 0.2592 current US$ per US$ of GDP | -0.1% |
| 1974 | 0.2589 current US$ per US$ of GDP | -0.1% |
| 1975 | 0.2596 current US$ per US$ of GDP | +0.2% |
| 1976 | 0.2599 current US$ per US$ of GDP | +0.1% |
| 1977 | 0.2592 current US$ per US$ of GDP | -0.2% |
| 1978 | 0.2582 current US$ per US$ of GDP | -0.4% |
| 1979 | 0.2577 current US$ per US$ of GDP | -0.2% |
| 1980 | 0.2627 current US$ per US$ of GDP | +1.9% |
| 1981 | 0.2615 current US$ per US$ of GDP | -0.5% |
| 1982 | 0.256 current US$ per US$ of GDP | -2.1% |
| 1983 | 0.2534 current US$ per US$ of GDP | -1.0% |
| 1984 | 0.255 current US$ per US$ of GDP | +0.7% |
| 1985 | 0.2876 current US$ per US$ of GDP | +12.8% |
| 1986 | 0.2554 current US$ per US$ of GDP | -11.2% |
| 1987 | 0.2285 current US$ per US$ of GDP | -10.5% |
| 1988 | 0.2402 current US$ per US$ of GDP | +5.1% |
| 1989 | 0.2633 current US$ per US$ of GDP | +9.6% |
| 1990 | 0.248 current US$ per US$ of GDP | -5.8% |
| 1991 | 0.14 current US$ per US$ of GDP | -43.6% |
| 1992 | 0.0654 current US$ per US$ of GDP | -53.2% |
| 1993 | 0.0639 current US$ per US$ of GDP | -2.3% |
| 1994 | 0.0524 current US$ per US$ of GDP | -18.0% |
| 1995 | 0.0701 current US$ per US$ of GDP | +33.8% |
| 1996 | 0.159 current US$ per US$ of GDP | +126.6% |
| 1997 | 0.1495 current US$ per US$ of GDP | -5.9% |
| 1998 | 0.132 current US$ per US$ of GDP | -11.7% |
| 1999 | 0.1186 current US$ per US$ of GDP | -10.2% |
| 2000 | 0.125 current US$ per US$ of GDP | +5.5% |
| 2001 | 0.1146 current US$ per US$ of GDP | -8.3% |
| 2002 | 0.092 current US$ per US$ of GDP | -19.8% |
| 2003 | 0.085 current US$ per US$ of GDP | -7.5% |
| 2004 | 0.088 current US$ per US$ of GDP | +3.5% |
| 2005 | 0.1077 current US$ per US$ of GDP | +22.4% |
| 2006 | 0.1173 current US$ per US$ of GDP | +8.9% |
| 2007 | 0.1018 current US$ per US$ of GDP | -13.2% |
| 2008 | 0.1484 current US$ per US$ of GDP | +45.8% |
| 2009 | 0.1094 current US$ per US$ of GDP | -26.3% |
| 2010 | 0.1007 current US$ per US$ of GDP | -7.9% |
| 2011 | 0.0847 current US$ per US$ of GDP | -15.9% |
| 2012 | 0.0858 current US$ per US$ of GDP | +1.2% |
| 2013 | 0.0939 current US$ per US$ of GDP | +9.5% |
| 2014 | 0.0761 current US$ per US$ of GDP | -19.0% |
| 2015 | 0.0939 current US$ per US$ of GDP | +23.4% |
| 2016 | 0.0956 current US$ per US$ of GDP | +1.8% |
| 2017 | 0.103 current US$ per US$ of GDP | +7.7% |
| 2018 | 0.1203 current US$ per US$ of GDP | +16.9% |
| 2019 | 0.1149 current US$ per US$ of GDP | -4.5% |
| 2020 | 0.0987 current US$ per US$ of GDP | -14.1% |
Cuba compared with similar countries
- Cuba's 0.0987 current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.2446 current US$ per US$ of GDP, 40% of the median. (52 countries reporting)
- Cuba's 0.0987 current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.2064 current US$ per US$ of GDP, 48% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current US$), per unit of GDP (unit GDP US) in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +126.6% | 0.0701 current US$ per US$ of GDP | 0.159 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2591 current US$ per US$ of GDP | 0.2577 current US$ per US$ of GDP | 0.2599 current US$ per US$ of GDP | 10 |
| 1980s | 0.2564 current US$ per US$ of GDP | 0.2285 current US$ per US$ of GDP | 0.2876 current US$ per US$ of GDP | 10 |
| 1990s | 0.1199 current US$ per US$ of GDP | 0.0524 current US$ per US$ of GDP | 0.248 current US$ per US$ of GDP | 10 |
| 2000s | 0.1089 current US$ per US$ of GDP | 0.085 current US$ per US$ of GDP | 0.1484 current US$ per US$ of GDP | 10 |
| 2010s | 0.0969 current US$ per US$ of GDP | 0.0761 current US$ per US$ of GDP | 0.1203 current US$ per US$ of GDP | 10 |
| 2020s | 0.0987 current US$ per US$ of GDP | 0.0987 current US$ per US$ of GDP | 0.0987 current US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 174 Bermuda 0.1104 current US$ per US$ of GDP compare
- 175 Angola 0.1064 current US$ per US$ of GDP compare
- 176 Ghana 0.099 current US$ per US$ of GDP compare
- 178 Central African Republic 0.093 current US$ per US$ of GDP compare
- 179 Zimbabwe 0.0885 current US$ per US$ of GDP compare
- 180 Sao Tome and Principe 0.0874 current US$ per US$ of GDP 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$), per unit of gdp in Cuba?
- Gross capital formation (current us$), per unit of gdp in Cuba was 0.0987 current US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.2876 current US$ per US$ of GDP in 1985.
- What is the lowest gross capital formation (current us$), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.0524 current US$ per US$ of GDP in 1994.
- How does Cuba rank for gross capital formation (current us$), per unit of gdp?
- Cuba ranks 177th out of 187 countries with data for 2020.
- Is gross capital formation (current us$), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 2.0%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.