Gross fixed capital formation (constant 2015 US$), per unit of GDP in Cuba
Cuba: Gross fixed capital formation (constant 2015 US$), per unit of GDP was 0.0786 constant 2015 US$ per US$ of GDP in 2020. ◆ Volatile
Gross fixed capital formation (constant 2015 US$), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2020, gross fixed capital formation (constant 2015 us$), per unit of gdp in Cuba stood at 0.0786 constant 2015 US$ per US$ of GDP.
The figure is down 7.4% on the previous year and down 17.4% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), per unit of gdp in Cuba peaked at 0.6243 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.069 constant 2015 US$ per US$ of GDP, in 1995.
That places Cuba 154th out of 161 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 fixed capital formation (constant 2015 US$), per unit of GDP in Cuba, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.6243 constant 2015 US$ per US$ of GDP | — |
| 1971 | 0.5583 constant 2015 US$ per US$ of GDP | -10.6% |
| 1972 | 0.4974 constant 2015 US$ per US$ of GDP | -10.9% |
| 1973 | 0.4188 constant 2015 US$ per US$ of GDP | -15.8% |
| 1974 | 0.37 constant 2015 US$ per US$ of GDP | -11.6% |
| 1975 | 0.3555 constant 2015 US$ per US$ of GDP | -3.9% |
| 1976 | 0.3544 constant 2015 US$ per US$ of GDP | -0.3% |
| 1977 | 0.373 constant 2015 US$ per US$ of GDP | +5.3% |
| 1978 | 0.3155 constant 2015 US$ per US$ of GDP | -15.4% |
| 1979 | 0.2903 constant 2015 US$ per US$ of GDP | -8.0% |
| 1980 | 0.2765 constant 2015 US$ per US$ of GDP | -4.8% |
| 1981 | 0.3248 constant 2015 US$ per US$ of GDP | +17.4% |
| 1982 | 0.3339 constant 2015 US$ per US$ of GDP | +2.8% |
| 1983 | 0.3298 constant 2015 US$ per US$ of GDP | -1.2% |
| 1984 | 0.3319 constant 2015 US$ per US$ of GDP | +0.6% |
| 1985 | 0.3937 constant 2015 US$ per US$ of GDP | +18.6% |
| 1986 | 0.3284 constant 2015 US$ per US$ of GDP | -16.6% |
| 1987 | 0.2837 constant 2015 US$ per US$ of GDP | -13.6% |
| 1988 | 0.2861 constant 2015 US$ per US$ of GDP | +0.9% |
| 1989 | 0.3202 constant 2015 US$ per US$ of GDP | +11.9% |
| 1990 | 0.2911 constant 2015 US$ per US$ of GDP | -9.1% |
| 1991 | 0.2724 constant 2015 US$ per US$ of GDP | -6.4% |
| 1992 | 0.1762 constant 2015 US$ per US$ of GDP | -35.3% |
| 1993 | 0.1238 constant 2015 US$ per US$ of GDP | -29.8% |
| 1994 | 0.0704 constant 2015 US$ per US$ of GDP | -43.1% |
| 1995 | 0.069 constant 2015 US$ per US$ of GDP | -2.0% |
| 1996 | 0.115 constant 2015 US$ per US$ of GDP | +66.7% |
| 1997 | 0.1199 constant 2015 US$ per US$ of GDP | +4.3% |
| 1998 | 0.1232 constant 2015 US$ per US$ of GDP | +2.8% |
| 1999 | 0.1182 constant 2015 US$ per US$ of GDP | -4.1% |
| 2000 | 0.1202 constant 2015 US$ per US$ of GDP | +1.7% |
| 2001 | 0.1127 constant 2015 US$ per US$ of GDP | -6.3% |
| 2002 | 0.0968 constant 2015 US$ per US$ of GDP | -14.1% |
| 2003 | 0.0845 constant 2015 US$ per US$ of GDP | -12.7% |
| 2004 | 0.0852 constant 2015 US$ per US$ of GDP | +0.8% |
| 2005 | 0.092 constant 2015 US$ per US$ of GDP | +8.0% |
| 2006 | 0.1158 constant 2015 US$ per US$ of GDP | +25.8% |
| 2007 | 0.1067 constant 2015 US$ per US$ of GDP | -7.8% |
| 2008 | 0.1107 constant 2015 US$ per US$ of GDP | +3.7% |
| 2009 | 0.1016 constant 2015 US$ per US$ of GDP | -8.2% |
| 2010 | 0.0951 constant 2015 US$ per US$ of GDP | -6.4% |
| 2011 | 0.0861 constant 2015 US$ per US$ of GDP | -9.4% |
| 2012 | 0.0861 constant 2015 US$ per US$ of GDP | -0.0% |
| 2013 | 0.0868 constant 2015 US$ per US$ of GDP | +0.8% |
| 2014 | 0.0808 constant 2015 US$ per US$ of GDP | -6.9% |
| 2015 | 0.0864 constant 2015 US$ per US$ of GDP | +7.0% |
| 2016 | 0.0878 constant 2015 US$ per US$ of GDP | +1.6% |
| 2017 | 0.0856 constant 2015 US$ per US$ of GDP | -2.5% |
| 2018 | 0.088 constant 2015 US$ per US$ of GDP | +2.9% |
| 2019 | 0.0848 constant 2015 US$ per US$ of GDP | -3.7% |
| 2020 | 0.0786 constant 2015 US$ per US$ of GDP | -7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4158 constant 2015 US$ per US$ of GDP | 0.2903 constant 2015 US$ per US$ of GDP | 0.6243 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 0.3209 constant 2015 US$ per US$ of GDP | 0.2765 constant 2015 US$ per US$ of GDP | 0.3937 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.1479 constant 2015 US$ per US$ of GDP | 0.069 constant 2015 US$ per US$ of GDP | 0.2911 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.1026 constant 2015 US$ per US$ of GDP | 0.0845 constant 2015 US$ per US$ of GDP | 0.1202 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.0867 constant 2015 US$ per US$ of GDP | 0.0808 constant 2015 US$ per US$ of GDP | 0.0951 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.0786 constant 2015 US$ per US$ of GDP | 0.0786 constant 2015 US$ per US$ of GDP | 0.0786 constant 2015 US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 151 Yemen 0.1 constant 2015 US$ per US$ of GDP compare
- 152 Bermuda 0.0949 constant 2015 US$ per US$ of GDP compare
- 153 Comoros 0.0899 constant 2015 US$ per US$ of GDP compare
- 155 Zimbabwe 0.0669 constant 2015 US$ per US$ of GDP compare
- 156 Equatorial Guinea 0.0619 constant 2015 US$ per US$ of GDP compare
- 157 Sao Tome and Principe 0.0474 constant 2015 US$ per US$ of GDP 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$), per unit of gdp in Cuba?
- Gross fixed capital formation (constant 2015 us$), per unit of gdp in Cuba was 0.0786 constant 2015 US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.6243 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.069 constant 2015 US$ per US$ of GDP in 1995.
- How does Cuba rank for gross fixed capital formation (constant 2015 us$), per unit of gdp?
- Cuba ranks 154th out of 161 countries with data for 2020.
- Is gross fixed capital formation (constant 2015 us$), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is down 17.4%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.