Gross Fixed Capital … Standard Local Currency rate annual growth in Cuba
Cuba: Gross Fixed Capital … Standard Local Currency rate annual growth was 1.72 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cuba recorded 1.72 % change on previous year for gross fixed capital formation — value standard local currency, 2015 in 2024.
The figure is down 44.9% on the previous year and up 164.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Cuba peaked at 44.11 % change on previous year in 2006 and was at its lowest, -41.27 % change on previous year, in 1992.
That places Cuba 147th out of 222 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital … Standard Local Currency rate annual growth in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.62 % change on previous year | — |
| 1972 | 4.81 % change on previous year | -44.2% |
| 1973 | 3.37 % change on previous year | -30.0% |
| 1974 | 0.9112 % change on previous year | -72.9% |
| 1975 | 9.73 % change on previous year | +968.3% |
| 1976 | 5.51 % change on previous year | -43.4% |
| 1977 | 8.44 % change on previous year | +53.2% |
| 1978 | 6.26 % change on previous year | -25.9% |
| 1979 | 0.9748 % change on previous year | -84.4% |
| 1980 | -3.15 % change on previous year | -423.5% |
| 1981 | 18.85 % change on previous year | -697.7% |
| 1982 | 6.9 % change on previous year | -63.4% |
| 1983 | 4.69 % change on previous year | -32.0% |
| 1984 | 8.94 % change on previous year | +90.5% |
| 1985 | 13.1 % change on previous year | +46.5% |
| 1986 | -11.83 % change on previous year | -190.4% |
| 1987 | -10.1 % change on previous year | -14.7% |
| 1988 | 9.85 % change on previous year | -197.5% |
| 1989 | 10.12 % change on previous year | +2.8% |
| 1990 | -3.63 % change on previous year | -135.9% |
| 1991 | -20.55 % change on previous year | +465.7% |
| 1992 | -41.27 % change on previous year | +100.9% |
| 1993 | -28.86 % change on previous year | -30.1% |
| 1994 | -27.64 % change on previous year | -4.2% |
| 1995 | 4.8 % change on previous year | -117.4% |
| 1996 | 37.07 % change on previous year | +671.7% |
| 1997 | 5.71 % change on previous year | -84.6% |
| 1998 | 4.26 % change on previous year | -25.4% |
| 1999 | 5.73 % change on previous year | +34.4% |
| 2000 | 9.57 % change on previous year | +66.9% |
| 2001 | -2.84 % change on previous year | -129.7% |
| 2002 | -8.93 % change on previous year | +214.7% |
| 2003 | -6.64 % change on previous year | -25.6% |
| 2004 | 7.23 % change on previous year | -208.8% |
| 2005 | 20.58 % change on previous year | +184.6% |
| 2006 | 44.11 % change on previous year | +114.4% |
| 2007 | 2.41 % change on previous year | -94.5% |
| 2008 | 7.61 % change on previous year | +215.4% |
| 2009 | -6.32 % change on previous year | -183.0% |
| 2010 | -2.99 % change on previous year | -52.7% |
| 2011 | 4.89 % change on previous year | -263.4% |
| 2012 | 6.02 % change on previous year | +23.1% |
| 2013 | 6.27 % change on previous year | +4.3% |
| 2014 | -2.68 % change on previous year | -142.8% |
| 2015 | 15.63 % change on previous year | -682.1% |
| 2016 | 6.51 % change on previous year | -58.4% |
| 2017 | 3.34 % change on previous year | -48.7% |
| 2018 | 6.26 % change on previous year | +87.5% |
| 2019 | -0.4058 % change on previous year | -106.5% |
| 2020 | -3.86 % change on previous year | +852.3% |
| 2021 | 0.0968 % change on previous year | -102.5% |
| 2022 | -5.76 % change on previous year | -6056.4% |
| 2023 | 3.12 % change on previous year | -154.1% |
| 2024 | 1.72 % change on previous year | -44.9% |
Cuba compared with similar countries
- Cuba's 1.72 % change on previous year is below the median for upper middle income countries, which is 3.5 % change on previous year, 49% of the median. (54 countries reporting)
- Cuba's 1.72 % change on previous year is below the median for Latin America & Caribbean, which is 2.98 % change on previous year, 58% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital … Standard Local Currency rate annual growth 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 |
|---|---|---|---|
| 2022 | -6056.4% | 0.0968 % change on previous year | -5.76 % change on previous year |
| 1975 | +968.3% | 0.9112 % change on previous year | 9.73 % change on previous year |
| 2020 | -852.3% | -0.4058 % change on previous year | -3.86 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.4 % change on previous year | 0.9112 % change on previous year | 9.73 % change on previous year | 9 |
| 1980s | 4.74 % change on previous year | -11.83 % change on previous year | 18.85 % change on previous year | 10 |
| 1990s | -6.44 % change on previous year | -41.27 % change on previous year | 37.07 % change on previous year | 10 |
| 2000s | 6.68 % change on previous year | -8.93 % change on previous year | 44.11 % change on previous year | 10 |
| 2010s | 4.28 % change on previous year | -2.99 % change on previous year | 15.63 % change on previous year | 10 |
| 2020s | -0.9389 % change on previous year | -5.76 % change on previous year | 3.12 % change on previous year | 5 |
Countries ranked near Cuba
- 144 Japan 1.91 % change on previous year compare
- 145 Iran (Islamic Republic of) 1.86 % change on previous year compare
- 146 Slovakia 1.85 % change on previous year compare
- 148 North Macedonia 1.62 % change on previous year compare
- 149 Zimbabwe 1.62 % change on previous year compare
- 150 Afghanistan 1.59 % change on previous year 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 — value standard local currency, 2015 in Cuba?
- Gross fixed capital formation — value standard local currency, 2015 in Cuba was 1.72 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Cuba?
- The highest recorded value was 44.11 % change on previous year in 2006.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Cuba?
- The lowest recorded value was -41.27 % change on previous year in 1992.
- How does Cuba rank for gross fixed capital formation — value standard local currency, 2015?
- Cuba ranks 147th out of 222 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Cuba?
- Over the last ten years it is up 164.0%. 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 — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.