Gross fixed capital formation (current US$), per unit of GDP in Cuba
Cuba: Gross fixed capital formation (current US$), per unit of GDP was 0.0981 current US$ per US$ of GDP in 2020. ▼ Falling
Gross fixed capital formation (current US$), per unit of GDP in Cuba, 1970–2020
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Cuba recorded 0.0981 current US$ per US$ of GDP for gross fixed capital formation (current us$), per unit of gdp in 2020.
Compared with earlier readings it is down 12.5% on the previous year and up 13.5% over ten years.
Over the whole period, gross fixed capital formation (current us$), per unit of gdp in Cuba peaked at 0.2688 current US$ per US$ of GDP in 1986 and was at its lowest, 0.073 current US$ per US$ of GDP, in 2014.
That places Cuba 171st 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 US$), per unit of GDP in Cuba, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.2542 current US$ per US$ of GDP | — |
| 1971 | 0.2543 current US$ per US$ of GDP | +0.0% |
| 1972 | 0.2543 current US$ per US$ of GDP | +0.0% |
| 1973 | 0.2543 current US$ per US$ of GDP | -0.0% |
| 1974 | 0.2542 current US$ per US$ of GDP | -0.0% |
| 1975 | 0.2541 current US$ per US$ of GDP | -0.0% |
| 1976 | 0.2545 current US$ per US$ of GDP | +0.1% |
| 1977 | 0.2544 current US$ per US$ of GDP | -0.0% |
| 1978 | 0.2541 current US$ per US$ of GDP | -0.1% |
| 1979 | 0.2539 current US$ per US$ of GDP | -0.1% |
| 1980 | 0.2538 current US$ per US$ of GDP | -0.1% |
| 1981 | 0.2563 current US$ per US$ of GDP | +1.0% |
| 1982 | 0.254 current US$ per US$ of GDP | -0.9% |
| 1983 | 0.2524 current US$ per US$ of GDP | -0.6% |
| 1984 | 0.253 current US$ per US$ of GDP | +0.2% |
| 1985 | 0.253 current US$ per US$ of GDP | -0.0% |
| 1986 | 0.2688 current US$ per US$ of GDP | +6.3% |
| 1987 | 0.2429 current US$ per US$ of GDP | -9.6% |
| 1988 | 0.2444 current US$ per US$ of GDP | +0.6% |
| 1989 | 0.2561 current US$ per US$ of GDP | +4.8% |
| 1990 | 0.2452 current US$ per US$ of GDP | -4.3% |
| 1991 | 0.2262 current US$ per US$ of GDP | -7.7% |
| 1992 | 0.1561 current US$ per US$ of GDP | -31.0% |
| 1993 | 0.1368 current US$ per US$ of GDP | -12.3% |
| 1994 | 0.0819 current US$ per US$ of GDP | -40.1% |
| 1995 | 0.0775 current US$ per US$ of GDP | -5.4% |
| 1996 | 0.1167 current US$ per US$ of GDP | +50.5% |
| 1997 | 0.1174 current US$ per US$ of GDP | +0.7% |
| 1998 | 0.1213 current US$ per US$ of GDP | +3.3% |
| 1999 | 0.116 current US$ per US$ of GDP | -4.4% |
| 2000 | 0.1188 current US$ per US$ of GDP | +2.4% |
| 2001 | 0.1079 current US$ per US$ of GDP | -9.2% |
| 2002 | 0.0915 current US$ per US$ of GDP | -15.2% |
| 2003 | 0.082 current US$ per US$ of GDP | -10.4% |
| 2004 | 0.0847 current US$ per US$ of GDP | +3.3% |
| 2005 | 0.0896 current US$ per US$ of GDP | +5.7% |
| 2006 | 0.104 current US$ per US$ of GDP | +16.1% |
| 2007 | 0.0969 current US$ per US$ of GDP | -6.9% |
| 2008 | 0.1083 current US$ per US$ of GDP | +11.8% |
| 2009 | 0.0868 current US$ per US$ of GDP | -19.9% |
| 2010 | 0.0865 current US$ per US$ of GDP | -0.3% |
| 2011 | 0.0771 current US$ per US$ of GDP | -10.8% |
| 2012 | 0.0776 current US$ per US$ of GDP | +0.7% |
| 2013 | 0.0824 current US$ per US$ of GDP | +6.2% |
| 2014 | 0.073 current US$ per US$ of GDP | -11.4% |
| 2015 | 0.0864 current US$ per US$ of GDP | +18.3% |
| 2016 | 0.0881 current US$ per US$ of GDP | +1.9% |
| 2017 | 0.0988 current US$ per US$ of GDP | +12.1% |
| 2018 | 0.1145 current US$ per US$ of GDP | +15.9% |
| 2019 | 0.1121 current US$ per US$ of GDP | -2.1% |
| 2020 | 0.0981 current US$ per US$ of GDP | -12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2542 current US$ per US$ of GDP | 0.2539 current US$ per US$ of GDP | 0.2545 current US$ per US$ of GDP | 10 |
| 1980s | 0.2535 current US$ per US$ of GDP | 0.2429 current US$ per US$ of GDP | 0.2688 current US$ per US$ of GDP | 10 |
| 1990s | 0.1395 current US$ per US$ of GDP | 0.0775 current US$ per US$ of GDP | 0.2452 current US$ per US$ of GDP | 10 |
| 2000s | 0.097 current US$ per US$ of GDP | 0.082 current US$ per US$ of GDP | 0.1188 current US$ per US$ of GDP | 10 |
| 2010s | 0.0897 current US$ per US$ of GDP | 0.073 current US$ per US$ of GDP | 0.1145 current US$ per US$ of GDP | 10 |
| 2020s | 0.0981 current US$ per US$ of GDP | 0.0981 current US$ per US$ of GDP | 0.0981 current US$ per US$ of GDP | 1 |
Countries ranked near Cuba
- 168 Egypt 0.1171 current US$ per US$ of GDP compare
- 169 Bermuda 0.1104 current US$ per US$ of GDP compare
- 170 Angola 0.1062 current US$ per US$ of GDP compare
- 172 Ghana 0.0974 current US$ per US$ of GDP compare
- 173 Sao Tome and Principe 0.0867 current US$ per US$ of GDP compare
- 174 Zimbabwe 0.0793 current 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 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)
- Gross fixed capital formation (current LCU), per capita 12,602 current LCU per person (2024)
Frequently asked questions
- What is gross fixed capital formation (current us$), per unit of gdp in Cuba?
- Gross fixed capital formation (current us$), per unit of gdp in Cuba was 0.0981 current US$ per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per unit of gdp recorded in Cuba?
- The highest recorded value was 0.2688 current US$ per US$ of GDP in 1986.
- What is the lowest gross fixed capital formation (current us$), per unit of gdp recorded in Cuba?
- The lowest recorded value was 0.073 current US$ per US$ of GDP in 2014.
- How does Cuba rank for gross fixed capital formation (current us$), per unit of gdp?
- Cuba ranks 171st out of 181 countries with data for 2020.
- Is gross fixed capital formation (current us$), per unit of gdp rising or falling in Cuba?
- Over the last ten years it is up 13.5%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.