Gross Fixed Capital Formation — Value Standard Local Currency, annual in Cuba
Cuba: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 3.22 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value standard local currency, annual in Cuba stood at 3.22 % change on previous year.
The figure is down 95.3% on the previous year and up 143.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Cuba peaked at 68.55 % change on previous year in 2023 and was at its lowest, -36.71 % change on previous year, in 1992.
That places Cuba 172nd out of 230 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 Formation — Value Standard Local Currency, annual in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 21.48 % change on previous year | — |
| 1972 | 12.13 % change on previous year | -43.5% |
| 1973 | 6.78 % change on previous year | -44.1% |
| 1974 | 12.93 % change on previous year | +90.7% |
| 1975 | 14.18 % change on previous year | +9.6% |
| 1976 | 6.13 % change on previous year | -56.8% |
| 1977 | 4.12 % change on previous year | -32.8% |
| 1978 | 16.38 % change on previous year | +297.6% |
| 1979 | 3.98 % change on previous year | -75.7% |
| 1980 | 0.2245 % change on previous year | -94.4% |
| 1981 | 17.81 % change on previous year | +7830.8% |
| 1982 | 5.57 % change on previous year | -68.7% |
| 1983 | 6.41 % change on previous year | +15.2% |
| 1984 | 10.99 % change on previous year | +71.3% |
| 1985 | -0.6127 % change on previous year | -105.6% |
| 1986 | 2.19 % change on previous year | -457.5% |
| 1987 | -11.27 % change on previous year | -614.7% |
| 1988 | 5.62 % change on previous year | -149.8% |
| 1989 | 6.19 % change on previous year | +10.2% |
| 1990 | -2.22 % change on previous year | -135.9% |
| 1991 | -23.68 % change on previous year | +966.0% |
| 1992 | -36.71 % change on previous year | +55.0% |
| 1993 | -11.23 % change on previous year | -69.4% |
| 1994 | -23.83 % change on previous year | +112.2% |
| 1995 | 7.15 % change on previous year | -130.0% |
| 1996 | 57.94 % change on previous year | +710.9% |
| 1997 | 2.06 % change on previous year | -96.5% |
| 1998 | 4.8 % change on previous year | +133.5% |
| 1999 | 5.41 % change on previous year | +12.8% |
| 2000 | 10.31 % change on previous year | +90.4% |
| 2001 | -5.86 % change on previous year | -156.9% |
| 2002 | -10.04 % change on previous year | +71.2% |
| 2003 | -4.2 % change on previous year | -58.2% |
| 2004 | 9.94 % change on previous year | -336.4% |
| 2005 | 18.04 % change on previous year | +81.6% |
| 2006 | 43.56 % change on previous year | +141.5% |
| 2007 | 3.5 % change on previous year | -92.0% |
| 2008 | 15.95 % change on previous year | +355.7% |
| 2009 | -18.19 % change on previous year | -214.1% |
| 2010 | 3.27 % change on previous year | -118.0% |
| 2011 | -4.35 % change on previous year | -233.1% |
| 2012 | 6.7 % change on previous year | -254.0% |
| 2013 | 12.04 % change on previous year | +79.7% |
| 2014 | -7.37 % change on previous year | -161.2% |
| 2015 | 27.84 % change on previous year | -477.5% |
| 2016 | 6.9 % change on previous year | -75.2% |
| 2017 | 18.79 % change on previous year | +172.2% |
| 2018 | 19.75 % change on previous year | +5.1% |
| 2019 | 1.25 % change on previous year | -93.7% |
| 2020 | -9.14 % change on previous year | -832.1% |
| 2021 | -5.9 % change on previous year | -35.4% |
| 2022 | -10.77 % change on previous year | +82.5% |
| 2023 | 68.55 % change on previous year | -736.3% |
| 2024 | 3.22 % change on previous year | -95.3% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual 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 |
|---|---|---|---|
| 1981 | +7830.8% | 0.2245 % change on previous year | 17.81 % change on previous year |
| 1991 | -966.0% | -2.22 % change on previous year | -23.68 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.9 % change on previous year | 3.98 % change on previous year | 21.48 % change on previous year | 9 |
| 1980s | 4.31 % change on previous year | -11.27 % change on previous year | 17.81 % change on previous year | 10 |
| 1990s | -2.03 % change on previous year | -36.71 % change on previous year | 57.94 % change on previous year | 10 |
| 2000s | 6.3 % change on previous year | -18.19 % change on previous year | 43.56 % change on previous year | 10 |
| 2010s | 8.48 % change on previous year | -7.37 % change on previous year | 27.84 % change on previous year | 10 |
| 2020s | 9.19 % change on previous year | -10.77 % change on previous year | 68.55 % change on previous year | 5 |
Countries ranked near Cuba
- 169 Curacao 3.25 % change on previous year compare
- 169 Curaçao 3.25 % change on previous year compare
- 171 Jordan 3.25 % change on previous year compare
- 173 Norway 2.91 % change on previous year compare
- 174 China, Macao SAR 2.9 % change on previous year compare
- 175 Eritrea 2.85 % change on previous year 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, annual in Cuba?
- Gross fixed capital formation — value standard local currency, annual in Cuba was 3.22 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Cuba?
- The highest recorded value was 68.55 % change on previous year in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Cuba?
- The lowest recorded value was -36.71 % change on previous year in 1992.
- How does Cuba rank for gross fixed capital formation — value standard local currency, annual?
- Cuba ranks 172nd out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Cuba?
- Over the last ten years it is up 143.6%. 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, 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. 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 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. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.