Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Cuba
Cuba: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0008 million SLC per person in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Cuba, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Cuba is 0.0008 million SLC per person, measured in 2024.
The figure is up 2.1% on the previous year and up 31.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Cuba peaked at 0.0009 million SLC per person in 1985 and was at its lowest, 0.0002 million SLC per person, in 1994.
That places Cuba 184th out of 194 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Cuba, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0004 million SLC per person | — |
| 1971 | 0.0004 million SLC per person | +6.7% |
| 1972 | 0.0004 million SLC per person | +3.1% |
| 1973 | 0.0005 million SLC per person | +1.9% |
| 1974 | 0.0005 million SLC per person | -0.4% |
| 1975 | 0.0005 million SLC per person | +8.5% |
| 1976 | 0.0005 million SLC per person | +4.5% |
| 1977 | 0.0005 million SLC per person | +7.6% |
| 1978 | 0.0006 million SLC per person | +5.6% |
| 1979 | 0.0006 million SLC per person | +0.4% |
| 1980 | 0.0006 million SLC per person | -3.6% |
| 1981 | 0.0007 million SLC per person | +18.3% |
| 1982 | 0.0007 million SLC per person | +6.2% |
| 1983 | 0.0007 million SLC per person | +3.9% |
| 1984 | 0.0008 million SLC per person | +8.1% |
| 1985 | 0.0009 million SLC per person | +12.2% |
| 1986 | 0.0008 million SLC per person | -12.6% |
| 1987 | 0.0007 million SLC per person | -10.9% |
| 1988 | 0.0008 million SLC per person | +8.8% |
| 1989 | 0.0008 million SLC per person | +9.1% |
| 1990 | 0.0008 million SLC per person | -4.5% |
| 1991 | 0.0006 million SLC per person | -21.2% |
| 1992 | 0.0004 million SLC per person | -41.6% |
| 1993 | 0.0003 million SLC per person | -29.2% |
| 1994 | 0.0002 million SLC per person | -27.9% |
| 1995 | 0.0002 million SLC per person | +4.4% |
| 1996 | 0.0003 million SLC per person | +36.6% |
| 1997 | 0.0003 million SLC per person | +5.4% |
| 1998 | 0.0003 million SLC per person | +3.9% |
| 1999 | 0.0003 million SLC per person | +5.4% |
| 2000 | 0.0003 million SLC per person | +9.2% |
| 2001 | 0.0003 million SLC per person | -3.1% |
| 2002 | 0.0003 million SLC per person | -9.2% |
| 2003 | 0.0003 million SLC per person | -6.9% |
| 2004 | 0.0003 million SLC per person | +6.9% |
| 2005 | 0.0003 million SLC per person | +20.3% |
| 2006 | 0.0005 million SLC per person | +43.9% |
| 2007 | 0.0005 million SLC per person | +2.3% |
| 2008 | 0.0006 million SLC per person | +7.6% |
| 2009 | 0.0005 million SLC per person | -6.3% |
| 2010 | 0.0005 million SLC per person | -3.0% |
| 2011 | 0.0005 million SLC per person | +4.8% |
| 2012 | 0.0006 million SLC per person | +6.0% |
| 2013 | 0.0006 million SLC per person | +6.3% |
| 2014 | 0.0006 million SLC per person | -2.6% |
| 2015 | 0.0007 million SLC per person | +15.7% |
| 2016 | 0.0007 million SLC per person | +6.6% |
| 2017 | 0.0007 million SLC per person | +3.5% |
| 2018 | 0.0008 million SLC per person | +6.5% |
| 2019 | 0.0008 million SLC per person | -0.2% |
| 2020 | 0.0008 million SLC per person | -3.6% |
| 2021 | 0.0008 million SLC per person | +0.6% |
| 2022 | 0.0007 million SLC per person | -5.2% |
| 2023 | 0.0007 million SLC per person | +3.5% |
| 2024 | 0.0008 million SLC per person | +2.1% |
Cuba compared with similar countries
- Cuba's 0.0008 million SLC per person is below the median for upper middle income countries, which is 0.0117 million SLC per person, 6% of the median. (54 countries reporting)
- Cuba's 0.0008 million SLC per person is below the median for Latin America & Caribbean, which is 0.0099 million SLC per person, 8% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, 2015 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 |
|---|---|---|---|
| 1992 | -41.6% | 0.0006 million SLC per person | 0.0004 million SLC per person |
| 2006 | +43.9% | 0.0003 million SLC per person | 0.0005 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0005 million SLC per person | 0.0004 million SLC per person | 0.0006 million SLC per person | 10 |
| 1980s | 0.0007 million SLC per person | 0.0006 million SLC per person | 0.0009 million SLC per person | 10 |
| 1990s | 0.0004 million SLC per person | 0.0002 million SLC per person | 0.0008 million SLC per person | 10 |
| 2000s | 0.0004 million SLC per person | 0.0003 million SLC per person | 0.0006 million SLC per person | 10 |
| 2010s | 0.0006 million SLC per person | 0.0005 million SLC per person | 0.0008 million SLC per person | 10 |
| 2020s | 0.0007 million SLC per person | 0.0007 million SLC per person | 0.0008 million SLC per person | 5 |
Countries ranked near Cuba
- 181 Ecuador 0.001 million SLC per person compare
- 182 El Salvador 0.001 million SLC per person compare
- 183 Sierra Leone 0.0009 million SLC per person compare
- 185 Kiribati 0.0007 million SLC per person compare
- 186 Sudan 0.0007 million SLC per person compare
- 187 Papua New Guinea 0.0006 million SLC per person compare
More economy & growth data for Cuba
- General government final consumption expenditure (current US$) 25.1 % change on previous year (2020)
- General government final consumption expenditure (current US$), per 0.3885 current US$ per US$ of GDP (2020)
- General government final consumption expenditure (current US$), per 3,731 current US$ per person (2020)
- General government final consumption expenditure (current LCU) 21.52 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3885 current LCU per US$ of GDP (2020)
- General government final consumption expenditure (current LCU), per 24,524 current LCU per person (2024)
- General government final consumption expenditure (constant 2015 US$) -7.43 % change on previous year (2024)
- General government final consumption expenditure (constant 2015 US$) 0.2523 constant 2015 US$ per US$ of GDP (2020)
- General government final consumption expenditure (constant 2015 US$) 2,335 constant 2015 US$ per person (2024)
- Households and NPISHs Final consumption expenditure (current US$) -3.88 % change on previous year (2020)
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 0.0008 million SLC per person 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 0.0009 million SLC per person in 1985.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Cuba?
- The lowest recorded value was 0.0002 million SLC per person in 1994.
- How does Cuba rank for gross fixed capital formation — value standard local currency, 2015?
- Cuba ranks 184th out of 194 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 31.7%. The long-run trend across the full record is rising.
- 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, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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 — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.