Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Cuba
Cuba: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 184.28 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Cuba, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Cuba recorded 184.28 USD for gross fixed capital formation deflator — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 1.5% on the previous year and up 103.9% over ten years.
Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Cuba peaked at 184.28 USD in 2024 and was at its lowest, 40.69 USD, in 1970.
Cuba ranks 5th of 203 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Cuba, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 40.69 USD | — |
| 1971 | 45.5 USD | +11.8% |
| 1972 | 51.08 USD | +12.3% |
| 1973 | 60.66 USD | +18.8% |
| 1974 | 68.64 USD | +13.1% |
| 1975 | 71.42 USD | +4.1% |
| 1976 | 71.75 USD | +0.5% |
| 1977 | 68.14 USD | -5.0% |
| 1978 | 80.45 USD | +18.1% |
| 1979 | 87.38 USD | +8.6% |
| 1980 | 91.69 USD | +4.9% |
| 1981 | 78.84 USD | -14.0% |
| 1982 | 76.02 USD | -3.6% |
| 1983 | 76.47 USD | +0.6% |
| 1984 | 76.18 USD | -0.4% |
| 1985 | 64.21 USD | -15.7% |
| 1986 | 81.79 USD | +27.4% |
| 1987 | 85.55 USD | +4.6% |
| 1988 | 85.33 USD | -0.3% |
| 1989 | 79.94 USD | -6.3% |
| 1990 | 84.16 USD | +5.3% |
| 1991 | 82.98 USD | -1.4% |
| 1992 | 88.53 USD | +6.7% |
| 1993 | 110.46 USD | +24.8% |
| 1994 | 116.28 USD | +5.3% |
| 1995 | 112.31 USD | -3.4% |
| 1996 | 101.37 USD | -9.7% |
| 1997 | 97.86 USD | -3.5% |
| 1998 | 98.36 USD | +0.5% |
| 1999 | 98.07 USD | -0.3% |
| 2000 | 98.73 USD | +0.7% |
| 2001 | 95.65 USD | -3.1% |
| 2002 | 94.49 USD | -1.2% |
| 2003 | 96.95 USD | +2.6% |
| 2004 | 99.4 USD | +2.5% |
| 2005 | 97.31 USD | -2.1% |
| 2006 | 96.94 USD | -0.4% |
| 2007 | 97.96 USD | +1.1% |
| 2008 | 105.55 USD | +7.7% |
| 2009 | 92.18 USD | -12.7% |
| 2010 | 98.12 USD | +6.5% |
| 2011 | 90.16 USD | -8.1% |
| 2012 | 90.06 USD | -0.1% |
| 2013 | 94.95 USD | +5.4% |
| 2014 | 90.37 USD | -4.8% |
| 2015 | 100 USD | +10.7% |
| 2016 | 100.29 USD | +0.3% |
| 2017 | 115.28 USD | +15.0% |
| 2018 | 129.92 USD | +12.7% |
| 2019 | 132.07 USD | +1.7% |
| 2020 | 124.83 USD | -5.5% |
| 2021 | 117.34 USD | -6.0% |
| 2022 | 111.1 USD | -5.3% |
| 2023 | 181.6 USD | +63.5% |
| 2024 | 184.28 USD | +1.5% |
Cuba compared with similar countries
- Cuba's 184.28 USD is above the median for upper middle income countries, which is 119.58 USD, 1.5× the median. (51 countries reporting)
- Cuba's 184.28 USD is above the median for Latin America & Caribbean, which is 120.08 USD, 1.5× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +63.5% | 111.1 USD | 181.6 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 64.57 USD | 40.69 USD | 87.38 USD | 10 |
| 1980s | 79.6 USD | 64.21 USD | 91.69 USD | 10 |
| 1990s | 99.04 USD | 82.98 USD | 116.28 USD | 10 |
| 2000s | 97.52 USD | 92.18 USD | 105.55 USD | 10 |
| 2010s | 104.12 USD | 90.06 USD | 132.07 USD | 10 |
| 2020s | 143.83 USD | 111.1 USD | 184.28 USD | 5 |
Countries ranked near Cuba
- 2 Haiti 396.07 USD compare
- 2 Venezuela (Bolivarian Republic of) 282.63 USD compare
- 2 Caribbean 143.81 USD compare
- 3 Micronesia (Federated States of) 139.31 USD compare
- 3 Sudan 299.06 USD compare
- 4 Maldives 238.46 USD compare
- 4 Türkiye 126.22 USD compare
- 5 Micronesia 122.39 USD compare
- 6 Bulgaria 167.22 USD compare
- 6 Iran (Islamic Republic of) 121.28 USD compare
- 7 Hungary 164.67 USD compare
- 7 Melanesia 108.94 USD compare
- 8 Aruba 162.35 USD compare
- 8 Bolivia (Plurinational State of) 107.28 USD compare
More economy & growth data for Cuba
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ 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 deflator — value us$, 2015 prices in Cuba?
- Gross fixed capital formation deflator — value us$, 2015 prices in Cuba was 184.28 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Cuba?
- The highest recorded value was 184.28 USD in 2024.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Cuba?
- The lowest recorded value was 40.69 USD in 1970.
- How does Cuba rank for gross fixed capital formation deflator — value us$, 2015 prices?
- Cuba ranks 5th out of 203 countries with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).