Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Cuba
Cuba: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.079 million SLC per square kilometre in 2023. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Cuba, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Cuba recorded 0.079 million SLC per square kilometre for gross fixed capital formation — value standard local currency, 2015 in 2023.
The figure is up 3.1% on the previous year and up 23.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Cuba peaked at 0.0849 million SLC per square kilometre in 2018 and was at its lowest, 0.0186 million SLC per square kilometre, in 1994.
Cuba ranks 175th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Cuba, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0331 million SLC per square kilometre | — |
| 1971 | 0.0359 million SLC per square kilometre | +8.6% |
| 1972 | 0.0377 million SLC per square kilometre | +4.8% |
| 1973 | 0.0389 million SLC per square kilometre | +3.4% |
| 1974 | 0.0393 million SLC per square kilometre | +0.9% |
| 1975 | 0.0431 million SLC per square kilometre | +9.7% |
| 1976 | 0.0455 million SLC per square kilometre | +5.5% |
| 1977 | 0.0493 million SLC per square kilometre | +8.4% |
| 1978 | 0.0524 million SLC per square kilometre | +6.3% |
| 1979 | 0.0529 million SLC per square kilometre | +1.0% |
| 1980 | 0.0513 million SLC per square kilometre | -3.2% |
| 1981 | 0.0609 million SLC per square kilometre | +18.8% |
| 1982 | 0.0651 million SLC per square kilometre | +6.9% |
| 1983 | 0.0682 million SLC per square kilometre | +4.7% |
| 1984 | 0.0743 million SLC per square kilometre | +8.9% |
| 1985 | 0.084 million SLC per square kilometre | +13.1% |
| 1986 | 0.0741 million SLC per square kilometre | -11.8% |
| 1987 | 0.0666 million SLC per square kilometre | -10.1% |
| 1988 | 0.0732 million SLC per square kilometre | +9.8% |
| 1989 | 0.0806 million SLC per square kilometre | +10.1% |
| 1990 | 0.0776 million SLC per square kilometre | -3.6% |
| 1991 | 0.0617 million SLC per square kilometre | -20.5% |
| 1992 | 0.0362 million SLC per square kilometre | -41.3% |
| 1993 | 0.0258 million SLC per square kilometre | -28.9% |
| 1994 | 0.0186 million SLC per square kilometre | -27.6% |
| 1995 | 0.0195 million SLC per square kilometre | +4.8% |
| 1996 | 0.0268 million SLC per square kilometre | +37.1% |
| 1997 | 0.0283 million SLC per square kilometre | +5.7% |
| 1998 | 0.0295 million SLC per square kilometre | +4.3% |
| 1999 | 0.0312 million SLC per square kilometre | +5.7% |
| 2000 | 0.0342 million SLC per square kilometre | +9.6% |
| 2001 | 0.0332 million SLC per square kilometre | -2.8% |
| 2002 | 0.0306 million SLC per square kilometre | -8.1% |
| 2003 | 0.0285 million SLC per square kilometre | -6.7% |
| 2004 | 0.0306 million SLC per square kilometre | +7.2% |
| 2005 | 0.0369 million SLC per square kilometre | +20.5% |
| 2006 | 0.0531 million SLC per square kilometre | +44.1% |
| 2007 | 0.0544 million SLC per square kilometre | +2.4% |
| 2008 | 0.0586 million SLC per square kilometre | +7.6% |
| 2009 | 0.0548 million SLC per square kilometre | -6.3% |
| 2010 | 0.0532 million SLC per square kilometre | -3.0% |
| 2011 | 0.0556 million SLC per square kilometre | +4.5% |
| 2012 | 0.059 million SLC per square kilometre | +6.2% |
| 2013 | 0.0642 million SLC per square kilometre | +8.8% |
| 2014 | 0.0626 million SLC per square kilometre | -2.5% |
| 2015 | 0.0723 million SLC per square kilometre | +15.5% |
| 2016 | 0.0771 million SLC per square kilometre | +6.6% |
| 2017 | 0.0799 million SLC per square kilometre | +3.6% |
| 2018 | 0.0849 million SLC per square kilometre | +6.3% |
| 2019 | 0.0845 million SLC per square kilometre | -0.4% |
| 2020 | 0.0812 million SLC per square kilometre | -3.9% |
| 2021 | 0.0813 million SLC per square kilometre | +0.1% |
| 2022 | 0.0766 million SLC per square kilometre | -5.8% |
| 2023 | 0.079 million SLC per square kilometre | +3.1% |
Cuba compared with similar countries
- Cuba's 0.079 million SLC per square kilometre is below the median for upper middle income countries, which is 0.9583 million SLC per square kilometre, 8% of the median. (54 countries reporting)
- Cuba's 0.079 million SLC per square kilometre is below the median for Latin America & Caribbean, which is 2.2 million SLC per square kilometre, 4% 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 | -41.3% | 0.0617 million SLC per square kilometre | 0.0362 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0428 million SLC per square kilometre | 0.0331 million SLC per square kilometre | 0.0529 million SLC per square kilometre | 10 |
| 1980s | 0.0698 million SLC per square kilometre | 0.0513 million SLC per square kilometre | 0.084 million SLC per square kilometre | 10 |
| 1990s | 0.0355 million SLC per square kilometre | 0.0186 million SLC per square kilometre | 0.0776 million SLC per square kilometre | 10 |
| 2000s | 0.0415 million SLC per square kilometre | 0.0285 million SLC per square kilometre | 0.0586 million SLC per square kilometre | 10 |
| 2010s | 0.0693 million SLC per square kilometre | 0.0532 million SLC per square kilometre | 0.0849 million SLC per square kilometre | 10 |
| 2020s | 0.0796 million SLC per square kilometre | 0.0766 million SLC per square kilometre | 0.0813 million SLC per square kilometre | 4 |
Countries ranked near Cuba
- 172 Sierra Leone 0.0845 million SLC per square kilometre compare
- 173 Montenegro 0.0838 million SLC per square kilometre compare
- 174 Zambia 0.0835 million SLC per square kilometre compare
- 176 Ecuador 0.0778 million SLC per square kilometre compare
- 177 Botswana 0.0758 million SLC per square kilometre compare
- 178 Mauritania 0.0704 million SLC per square kilometre 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 0.079 million SLC per square kilometre in 2023, 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 0.0849 million SLC per square kilometre in 2018.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Cuba?
- The lowest recorded value was 0.0186 million SLC per square kilometre in 1994.
- How does Cuba rank for gross fixed capital formation — value standard local currency, 2015?
- Cuba ranks 175th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Cuba?
- Over the last ten years it is up 23.1%. 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 square kilometre. 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
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.