Gross fixed capital formation (current LCU), per unit of GDP (LCU) in Cuba
Cuba: Gross fixed capital formation (current LCU), per unit of GDP (LCU) was 0.0981 current LCU per US$ of GDP in 2020. ▼ Falling
Gross fixed capital formation (current LCU), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2020, gross fixed capital formation (current lcu), per unit of gdp in Cuba stood at 0.0981 current LCU per US$ of GDP.
Compared with earlier readings it is down 12.5% on the previous year and up 5.1% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per unit of gdp in Cuba peaked at 0.2543 current LCU per US$ of GDP in 1971 and was at its lowest, 0.0606 current LCU per US$ of GDP, in 1994.
That places Cuba 180th out of 181 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 fixed capital formation (current LCU), per unit of GDP (LCU) in Cuba, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.2542 current LCU per US$ of GDP | — |
| 1971 | 0.2543 current LCU per US$ of GDP | +0.0% |
| 1972 | 0.2423 current LCU per US$ of GDP | -4.7% |
| 1973 | 0.2108 current LCU per US$ of GDP | -13.0% |
| 1974 | 0.2084 current LCU per US$ of GDP | -1.1% |
| 1975 | 0.2084 current LCU per US$ of GDP | -0.0% |
| 1976 | 0.2089 current LCU per US$ of GDP | +0.3% |
| 1977 | 0.2112 current LCU per US$ of GDP | +1.1% |
| 1978 | 0.1956 current LCU per US$ of GDP | -7.3% |
| 1979 | 0.1854 current LCU per US$ of GDP | -5.3% |
| 1980 | 0.1827 current LCU per US$ of GDP | -1.4% |
| 1981 | 0.2127 current LCU per US$ of GDP | +16.4% |
| 1982 | 0.2159 current LCU per US$ of GDP | +1.5% |
| 1983 | 0.2168 current LCU per US$ of GDP | +0.4% |
| 1984 | 0.2223 current LCU per US$ of GDP | +2.5% |
| 1985 | 0.2317 current LCU per US$ of GDP | +4.2% |
| 1986 | 0.224 current LCU per US$ of GDP | -3.3% |
| 1987 | 0.191 current LCU per US$ of GDP | -14.7% |
| 1988 | 0.1852 current LCU per US$ of GDP | -3.0% |
| 1989 | 0.1999 current LCU per US$ of GDP | +7.9% |
| 1990 | 0.1844 current LCU per US$ of GDP | -7.8% |
| 1991 | 0.1658 current LCU per US$ of GDP | -10.1% |
| 1992 | 0.1155 current LCU per US$ of GDP | -30.3% |
| 1993 | 0.1012 current LCU per US$ of GDP | -12.3% |
| 1994 | 0.0606 current LCU per US$ of GDP | -40.1% |
| 1995 | 0.0607 current LCU per US$ of GDP | +0.2% |
| 1996 | 0.1167 current LCU per US$ of GDP | +92.1% |
| 1997 | 0.1174 current LCU per US$ of GDP | +0.7% |
| 1998 | 0.1213 current LCU per US$ of GDP | +3.3% |
| 1999 | 0.116 current LCU per US$ of GDP | -4.4% |
| 2000 | 0.1188 current LCU per US$ of GDP | +2.4% |
| 2001 | 0.1079 current LCU per US$ of GDP | -9.2% |
| 2002 | 0.0915 current LCU per US$ of GDP | -15.2% |
| 2003 | 0.082 current LCU per US$ of GDP | -10.4% |
| 2004 | 0.0847 current LCU per US$ of GDP | +3.3% |
| 2005 | 0.0896 current LCU per US$ of GDP | +5.7% |
| 2006 | 0.1123 current LCU per US$ of GDP | +25.4% |
| 2007 | 0.1046 current LCU per US$ of GDP | -6.9% |
| 2008 | 0.1169 current LCU per US$ of GDP | +11.8% |
| 2009 | 0.0937 current LCU per US$ of GDP | -19.9% |
| 2010 | 0.0934 current LCU per US$ of GDP | -0.3% |
| 2011 | 0.0771 current LCU per US$ of GDP | -17.4% |
| 2012 | 0.0776 current LCU per US$ of GDP | +0.7% |
| 2013 | 0.0824 current LCU per US$ of GDP | +6.2% |
| 2014 | 0.073 current LCU per US$ of GDP | -11.4% |
| 2015 | 0.0864 current LCU per US$ of GDP | +18.3% |
| 2016 | 0.0881 current LCU per US$ of GDP | +1.9% |
| 2017 | 0.0988 current LCU per US$ of GDP | +12.1% |
| 2018 | 0.1145 current LCU per US$ of GDP | +15.9% |
| 2019 | 0.1121 current LCU per US$ of GDP | -2.1% |
| 2020 | 0.0981 current LCU per US$ of GDP | -12.5% |
Cuba compared with similar countries
- Cuba's 0.0981 current LCU per US$ of GDP is below the median for upper middle income countries, which is 3.83 current LCU per US$ of GDP, 3% of the median. (51 countries reporting)
- Cuba's 0.0981 current LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 1.28 current LCU per US$ of GDP, 8% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU), per unit of GDP (LCU) 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 | +92.1% | 0.0607 current LCU per US$ of GDP | 0.1167 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.218 current LCU per US$ of GDP | 0.1854 current LCU per US$ of GDP | 0.2543 current LCU per US$ of GDP | 10 |
| 1980s | 0.2082 current LCU per US$ of GDP | 0.1827 current LCU per US$ of GDP | 0.2317 current LCU per US$ of GDP | 10 |
| 1990s | 0.116 current LCU per US$ of GDP | 0.0606 current LCU per US$ of GDP | 0.1844 current LCU per US$ of GDP | 10 |
| 2000s | 0.1002 current LCU per US$ of GDP | 0.082 current LCU per US$ of GDP | 0.1188 current LCU per US$ of GDP | 10 |
| 2010s | 0.0903 current LCU per US$ of GDP | 0.073 current LCU per US$ of GDP | 0.1145 current LCU per US$ of GDP | 10 |
| 2020s | 0.0981 current LCU per US$ of GDP | 0.0981 current LCU per US$ of GDP | 0.0981 current LCU per US$ of GDP | 1 |
Countries ranked near Cuba
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 fixed capital formation (current lcu), per unit of gdp in Cuba?
- Gross fixed capital formation (current lcu), per unit of gdp in Cuba was 0.0981 current LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.2543 current LCU per US$ of GDP in 1971.
- What is the lowest gross fixed capital formation (current lcu), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.0606 current LCU per US$ of GDP in 1994.
- How does Cuba rank for gross fixed capital formation (current lcu), per unit of gdp?
- Cuba ranks 180th out of 181 countries with data for 2020.
- Is gross fixed capital formation (current lcu), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is up 5.1%. 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 fixed capital formation (current 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current LCU) ÷ GDP (current US$)
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 (current 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.