Gross fixed capital formation (constant LCU), per unit of GDP in Cuba
Cuba: Gross fixed capital formation (constant LCU), per unit of GDP was 0.0769 constant LCU per US$ of GDP in 2020. ◆ Volatile
Gross fixed capital formation (constant LCU), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Cuba recorded 0.0769 constant LCU per US$ of GDP for gross fixed capital formation (constant lcu), per unit of gdp in 2020.
That represents a change of down 7.4% on the previous year and down 17.4% over ten years.
Over the whole period, gross fixed capital formation (constant lcu), per unit of gdp in Cuba peaked at 0.6115 constant LCU per US$ of GDP in 1970 and was at its lowest, 0.0676 constant LCU per US$ of GDP, in 1995.
Cuba ranks 165th of 168 countries on this measure, 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 LCU), per unit of GDP in Cuba, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.6115 constant LCU per US$ of GDP | — |
| 1971 | 0.5468 constant LCU per US$ of GDP | -10.6% |
| 1972 | 0.4872 constant LCU per US$ of GDP | -10.9% |
| 1973 | 0.4102 constant LCU per US$ of GDP | -15.8% |
| 1974 | 0.3624 constant LCU per US$ of GDP | -11.6% |
| 1975 | 0.3482 constant LCU per US$ of GDP | -3.9% |
| 1976 | 0.3471 constant LCU per US$ of GDP | -0.3% |
| 1977 | 0.3653 constant LCU per US$ of GDP | +5.3% |
| 1978 | 0.3091 constant LCU per US$ of GDP | -15.4% |
| 1979 | 0.2843 constant LCU per US$ of GDP | -8.0% |
| 1980 | 0.2708 constant LCU per US$ of GDP | -4.8% |
| 1981 | 0.3181 constant LCU per US$ of GDP | +17.4% |
| 1982 | 0.327 constant LCU per US$ of GDP | +2.8% |
| 1983 | 0.323 constant LCU per US$ of GDP | -1.2% |
| 1984 | 0.3251 constant LCU per US$ of GDP | +0.6% |
| 1985 | 0.3856 constant LCU per US$ of GDP | +18.6% |
| 1986 | 0.3216 constant LCU per US$ of GDP | -16.6% |
| 1987 | 0.2778 constant LCU per US$ of GDP | -13.6% |
| 1988 | 0.2802 constant LCU per US$ of GDP | +0.9% |
| 1989 | 0.3136 constant LCU per US$ of GDP | +11.9% |
| 1990 | 0.2851 constant LCU per US$ of GDP | -9.1% |
| 1991 | 0.2668 constant LCU per US$ of GDP | -6.4% |
| 1992 | 0.1725 constant LCU per US$ of GDP | -35.3% |
| 1993 | 0.1212 constant LCU per US$ of GDP | -29.8% |
| 1994 | 0.069 constant LCU per US$ of GDP | -43.1% |
| 1995 | 0.0676 constant LCU per US$ of GDP | -2.0% |
| 1996 | 0.1126 constant LCU per US$ of GDP | +66.7% |
| 1997 | 0.1174 constant LCU per US$ of GDP | +4.3% |
| 1998 | 0.1207 constant LCU per US$ of GDP | +2.8% |
| 1999 | 0.1158 constant LCU per US$ of GDP | -4.1% |
| 2000 | 0.1177 constant LCU per US$ of GDP | +1.7% |
| 2001 | 0.1103 constant LCU per US$ of GDP | -6.3% |
| 2002 | 0.0948 constant LCU per US$ of GDP | -14.1% |
| 2003 | 0.0828 constant LCU per US$ of GDP | -12.7% |
| 2004 | 0.0834 constant LCU per US$ of GDP | +0.8% |
| 2005 | 0.0901 constant LCU per US$ of GDP | +8.0% |
| 2006 | 0.1134 constant LCU per US$ of GDP | +25.8% |
| 2007 | 0.1045 constant LCU per US$ of GDP | -7.8% |
| 2008 | 0.1084 constant LCU per US$ of GDP | +3.7% |
| 2009 | 0.0995 constant LCU per US$ of GDP | -8.2% |
| 2010 | 0.0931 constant LCU per US$ of GDP | -6.4% |
| 2011 | 0.0843 constant LCU per US$ of GDP | -9.4% |
| 2012 | 0.0843 constant LCU per US$ of GDP | -0.0% |
| 2013 | 0.085 constant LCU per US$ of GDP | +0.8% |
| 2014 | 0.0791 constant LCU per US$ of GDP | -6.9% |
| 2015 | 0.0847 constant LCU per US$ of GDP | +7.0% |
| 2016 | 0.086 constant LCU per US$ of GDP | +1.6% |
| 2017 | 0.0838 constant LCU per US$ of GDP | -2.5% |
| 2018 | 0.0862 constant LCU per US$ of GDP | +2.9% |
| 2019 | 0.0831 constant LCU per US$ of GDP | -3.7% |
| 2020 | 0.0769 constant LCU per US$ of GDP | -7.4% |
Biggest year-on-year movements
Years where Gross fixed capital formation (constant LCU), per unit of GDP 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 | +66.7% | 0.0676 constant LCU per US$ of GDP | 0.1126 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4072 constant LCU per US$ of GDP | 0.2843 constant LCU per US$ of GDP | 0.6115 constant LCU per US$ of GDP | 10 |
| 1980s | 0.3143 constant LCU per US$ of GDP | 0.2708 constant LCU per US$ of GDP | 0.3856 constant LCU per US$ of GDP | 10 |
| 1990s | 0.1449 constant LCU per US$ of GDP | 0.0676 constant LCU per US$ of GDP | 0.2851 constant LCU per US$ of GDP | 10 |
| 2000s | 0.1005 constant LCU per US$ of GDP | 0.0828 constant LCU per US$ of GDP | 0.1177 constant LCU per US$ of GDP | 10 |
| 2010s | 0.085 constant LCU per US$ of GDP | 0.0791 constant LCU per US$ of GDP | 0.0931 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0769 constant LCU per US$ of GDP | 0.0769 constant LCU per US$ of GDP | 0.0769 constant LCU per US$ of GDP | 1 |
Countries ranked near Cuba
- 162 Bermuda 0.0925 constant LCU per US$ of GDP compare
- 163 Oman 0.086 constant LCU per US$ of GDP compare
- 164 Azerbaijan 0.0856 constant LCU per US$ of GDP compare
- 166 Tajikistan 0.0331 constant LCU per US$ of GDP compare
- 167 Venezuela 0.0113 constant LCU per US$ of GDP compare
- 168 Sudan 0.0016 constant LCU per US$ of GDP
More economy & growth data for Cuba
- General government final consumption expenditure (current US$) 25.1 % change on previous year (2020)
- General government final consumption expenditure (current US$), per 0.3885 current US$ per US$ of GDP (2020)
- General government final consumption expenditure (current US$), per 3,731 current US$ per person (2020)
- General government final consumption expenditure (current LCU) 21.52 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3885 current LCU per US$ of GDP (2020)
- General government final consumption expenditure (current LCU), per 24,524 current LCU per person (2024)
- General government final consumption expenditure (constant 2015 US$) -7.43 % change on previous year (2024)
- General government final consumption expenditure (constant 2015 US$) 0.2523 constant 2015 US$ per US$ of GDP (2020)
- General government final consumption expenditure (constant 2015 US$) 2,335 constant 2015 US$ per person (2024)
- Households and NPISHs Final consumption expenditure (current US$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is gross fixed capital formation (constant lcu), per unit of gdp in Cuba?
- Gross fixed capital formation (constant lcu), per unit of gdp in Cuba was 0.0769 constant LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.6115 constant LCU per US$ of GDP in 1970.
- What is the lowest gross fixed capital formation (constant lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.0676 constant LCU per US$ of GDP in 1995.
- How does Cuba rank for gross fixed capital formation (constant lcu), per unit of gdp?
- Cuba ranks 165th out of 168 countries with data for 2020.
- Is gross fixed capital formation (constant lcu), 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 LCU), 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 fixed capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.