Gross Fixed Capital Formation Deflator — Value Standard Local in Cuba
Cuba: Gross Fixed Capital Formation Deflator — Value Standard Local was 184.44 SLC in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value Standard Local in Cuba, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2024, gross fixed capital formation deflator — value standard local in Cuba stood at 184.44 SLC. That is the highest value across all 55 years on record.
That represents a change of up 1.5% on the previous year and up 103.9% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Cuba peaked at 184.44 SLC in 2024 and was at its lowest, 40.72 SLC, in 1970.
That places Cuba 32nd out of 194 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value Standard Local in Cuba, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 40.72 SLC | — |
| 1971 | 45.54 SLC | +11.8% |
| 1972 | 48.72 SLC | +7.0% |
| 1973 | 50.33 SLC | +3.3% |
| 1974 | 56.33 SLC | +11.9% |
| 1975 | 58.61 SLC | +4.1% |
| 1976 | 58.96 SLC | +0.6% |
| 1977 | 56.61 SLC | -4.0% |
| 1978 | 62 SLC | +9.5% |
| 1979 | 63.84 SLC | +3.0% |
| 1980 | 66.07 SLC | +3.5% |
| 1981 | 65.49 SLC | -0.9% |
| 1982 | 64.67 SLC | -1.2% |
| 1983 | 65.74 SLC | +1.6% |
| 1984 | 66.98 SLC | +1.9% |
| 1985 | 58.86 SLC | -12.1% |
| 1986 | 68.22 SLC | +15.9% |
| 1987 | 67.33 SLC | -1.3% |
| 1988 | 64.74 SLC | -3.8% |
| 1989 | 62.43 SLC | -3.6% |
| 1990 | 63.34 SLC | +1.5% |
| 1991 | 60.84 SLC | -3.9% |
| 1992 | 65.56 SLC | +7.8% |
| 1993 | 81.81 SLC | +24.8% |
| 1994 | 86.12 SLC | +5.3% |
| 1995 | 88.05 SLC | +2.2% |
| 1996 | 101.45 SLC | +15.2% |
| 1997 | 97.94 SLC | -3.5% |
| 1998 | 98.45 SLC | +0.5% |
| 1999 | 98.15 SLC | -0.3% |
| 2000 | 98.81 SLC | +0.7% |
| 2001 | 95.73 SLC | -3.1% |
| 2002 | 94.56 SLC | -1.2% |
| 2003 | 97.04 SLC | +2.6% |
| 2004 | 99.48 SLC | +2.5% |
| 2005 | 97.39 SLC | -2.1% |
| 2006 | 97.02 SLC | -0.4% |
| 2007 | 98.05 SLC | +1.1% |
| 2008 | 105.64 SLC | +7.7% |
| 2009 | 92.26 SLC | -12.7% |
| 2010 | 98.21 SLC | +6.5% |
| 2011 | 89.56 SLC | -8.8% |
| 2012 | 90.14 SLC | +0.6% |
| 2013 | 95.03 SLC | +5.4% |
| 2014 | 90.45 SLC | -4.8% |
| 2015 | 100 SLC | +10.6% |
| 2016 | 100.37 SLC | +0.4% |
| 2017 | 115.38 SLC | +15.0% |
| 2018 | 130.03 SLC | +12.7% |
| 2019 | 132.19 SLC | +1.7% |
| 2020 | 124.93 SLC | -5.5% |
| 2021 | 117.44 SLC | -6.0% |
| 2022 | 111.2 SLC | -5.3% |
| 2023 | 181.75 SLC | +63.5% |
| 2024 | 184.44 SLC | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 54.17 SLC | 40.72 SLC | 63.84 SLC | 10 |
| 1980s | 65.05 SLC | 58.86 SLC | 68.22 SLC | 10 |
| 1990s | 84.17 SLC | 60.84 SLC | 101.45 SLC | 10 |
| 2000s | 97.6 SLC | 92.26 SLC | 105.64 SLC | 10 |
| 2010s | 104.13 SLC | 89.56 SLC | 132.19 SLC | 10 |
| 2020s | 143.95 SLC | 111.2 SLC | 184.44 SLC | 5 |
Countries ranked near Cuba
More economy & growth data for Cuba
- GDP (current US$), annual growth rate 3.79 % change on previous year (2020)
- GDP (current US$), per capita 9,605 current US$ per person (2020)
- GDP (current LCU), annual growth rate 30.82 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2020)
- GDP (current LCU), per capita 98,794 current LCU per person (2024)
- GDP (constant 2015 US$), annual growth rate -1.06 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 0.755 constant 2015 US$ per US$ of GDP (2020)
- GDP (constant 2015 US$), per capita 7,381 constant 2015 US$ per person (2024)
- GDP (constant LCU), annual growth rate -1.06 % change on previous year (2024)
- GDP (constant LCU), per unit of GDP 0.4723 constant LCU per US$ of GDP (2020)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Cuba?
- Gross fixed capital formation deflator — value standard local in Cuba was 184.44 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Cuba?
- The highest recorded value was 184.44 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Cuba?
- The lowest recorded value was 40.72 SLC in 1970.
- How does Cuba rank for gross fixed capital formation deflator — value standard local?
- Cuba ranks 32nd out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Cuba?
- Over the last ten years it is up 103.9%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).