Gross fixed capital formation (constant 2015 US$), annual growth rate in Cuba
Cuba: Gross fixed capital formation (constant 2015 US$), annual growth rate was 3.66 % change on previous year in 2024. ◆ Volatile
Gross fixed capital formation (constant 2015 US$), annual growth rate in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation (constant 2015 us$), annual growth rate in Cuba stood at 3.66 % change on previous year.
That represents a change of up 60.4% on the previous year and up 236.5% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), annual growth rate in Cuba peaked at 44.11 % change on previous year in 2006 and was at its lowest, -41.27 % change on previous year, in 1992.
That places Cuba 92nd out of 161 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (constant 2015 US$), annual growth rate in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.62 % change on previous year | — |
| 1972 | 4.81 % change on previous year | -44.2% |
| 1973 | 3.37 % change on previous year | -30.0% |
| 1974 | 0.9112 % change on previous year | -72.9% |
| 1975 | 9.73 % change on previous year | +968.3% |
| 1976 | 5.51 % change on previous year | -43.4% |
| 1977 | 8.44 % change on previous year | +53.2% |
| 1978 | 6.26 % change on previous year | -25.9% |
| 1979 | 0.9748 % change on previous year | -84.4% |
| 1980 | -3.15 % change on previous year | -423.5% |
| 1981 | 18.85 % change on previous year | -697.7% |
| 1982 | 6.9 % change on previous year | -63.4% |
| 1983 | 4.69 % change on previous year | -32.0% |
| 1984 | 8.94 % change on previous year | +90.5% |
| 1985 | 13.1 % change on previous year | +46.5% |
| 1986 | -11.83 % change on previous year | -190.4% |
| 1987 | -10.1 % change on previous year | -14.7% |
| 1988 | 9.85 % change on previous year | -197.5% |
| 1989 | 10.12 % change on previous year | +2.8% |
| 1990 | -3.63 % change on previous year | -135.9% |
| 1991 | -20.55 % change on previous year | +465.7% |
| 1992 | -41.27 % change on previous year | +100.9% |
| 1993 | -28.86 % change on previous year | -30.1% |
| 1994 | -27.64 % change on previous year | -4.2% |
| 1995 | 4.8 % change on previous year | -117.4% |
| 1996 | 37.07 % change on previous year | +671.7% |
| 1997 | 5.71 % change on previous year | -84.6% |
| 1998 | 4.26 % change on previous year | -25.4% |
| 1999 | 5.73 % change on previous year | +34.4% |
| 2000 | 9.57 % change on previous year | +66.9% |
| 2001 | -2.84 % change on previous year | -129.7% |
| 2002 | -8.93 % change on previous year | +214.7% |
| 2003 | -6.64 % change on previous year | -25.6% |
| 2004 | 7.22 % change on previous year | -208.7% |
| 2005 | 20.59 % change on previous year | +185.1% |
| 2006 | 44.11 % change on previous year | +114.3% |
| 2007 | 2.41 % change on previous year | -94.5% |
| 2008 | 7.61 % change on previous year | +215.4% |
| 2009 | -6.32 % change on previous year | -183.0% |
| 2010 | -2.99 % change on previous year | -52.7% |
| 2011 | 4.89 % change on previous year | -263.4% |
| 2012 | 6.02 % change on previous year | +23.1% |
| 2013 | 6.27 % change on previous year | +4.3% |
| 2014 | -2.68 % change on previous year | -142.8% |
| 2015 | 15.63 % change on previous year | -682.1% |
| 2016 | 6.51 % change on previous year | -58.4% |
| 2017 | 3.35 % change on previous year | -48.6% |
| 2018 | 6.26 % change on previous year | +86.9% |
| 2019 | -0.4058 % change on previous year | -106.5% |
| 2020 | -3.86 % change on previous year | +852.3% |
| 2021 | 0.0968 % change on previous year | -102.5% |
| 2022 | -5.76 % change on previous year | -6050.1% |
| 2023 | 2.28 % change on previous year | -139.7% |
| 2024 | 3.66 % change on previous year | +60.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.4 % change on previous year | 0.9112 % change on previous year | 9.73 % change on previous year | 9 |
| 1980s | 4.74 % change on previous year | -11.83 % change on previous year | 18.85 % change on previous year | 10 |
| 1990s | -6.44 % change on previous year | -41.27 % change on previous year | 37.07 % change on previous year | 10 |
| 2000s | 6.68 % change on previous year | -8.93 % change on previous year | 44.11 % change on previous year | 10 |
| 2010s | 4.28 % change on previous year | -2.99 % change on previous year | 15.63 % change on previous year | 10 |
| 2020s | -0.7152 % change on previous year | -5.76 % change on previous year | 3.66 % change on previous year | 5 |
Countries ranked near Cuba
- 89 Comoros 3.79 % change on previous year compare
- 90 Guinea-Bissau 3.73 % change on previous year compare
- 91 Cambodia 3.68 % change on previous year compare
- 93 Portugal 3.58 % change on previous year compare
- 94 Italy 3.47 % change on previous year compare
- 95 United States of America 3.47 % change on previous year compare
More economy & growth data for Cuba
- Exports of goods and services (current LCU), annual growth rate 21.76 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 0.0817 current LCU per US$ of GDP (2020)
- Exports of goods and services (current LCU), per capita 41,958 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate -0.2466 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.0827 constant 2015 US$ per US$ of GDP (2020)
- Exports of goods and services (constant 2015 US$), per capita 667.96 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -9.14 % change on previous year (2020)
- Gross fixed capital formation (current US$), per unit of GDP 0.0981 current US$ per US$ of GDP (2020)
- Gross fixed capital formation (current US$), per capita 942.7 current US$ per person (2020)
- Gross fixed capital formation (current LCU), per unit of GDP 0.0981 current LCU per US$ of GDP (2020)
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), annual growth rate in Cuba?
- Gross fixed capital formation (constant 2015 us$), annual growth rate in Cuba was 3.66 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in Cuba?
- The highest recorded value was 44.11 % change on previous year in 2006.
- What is the lowest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in Cuba?
- The lowest recorded value was -41.27 % change on previous year in 1992.
- How does Cuba rank for gross fixed capital formation (constant 2015 us$), annual growth rate?
- Cuba ranks 92nd out of 161 countries with data for 2024.
- Is gross fixed capital formation (constant 2015 us$), annual growth rate rising or falling in Cuba?
- Over the last ten years it is up 236.5%. 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 fixed capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed 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 fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.