Gross Fixed Capital Formation — Value Standard Local Currency, per in Cuba
Cuba: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.1436 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Cuba, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Cuba recorded 0.1436 million SLC per square kilometre for gross fixed capital formation — value standard local currency, per in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 68.6% on the previous year and up 135.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Cuba peaked at 0.1436 million SLC per square kilometre in 2023 and was at its lowest, 0.0135 million SLC per square kilometre, in 1970.
Cuba ranks 174th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Cuba, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0135 million SLC per square kilometre | — |
| 1971 | 0.0164 million SLC per square kilometre | +21.5% |
| 1972 | 0.0184 million SLC per square kilometre | +12.1% |
| 1973 | 0.0196 million SLC per square kilometre | +6.8% |
| 1974 | 0.0221 million SLC per square kilometre | +12.9% |
| 1975 | 0.0253 million SLC per square kilometre | +14.2% |
| 1976 | 0.0268 million SLC per square kilometre | +6.1% |
| 1977 | 0.0279 million SLC per square kilometre | +4.1% |
| 1978 | 0.0325 million SLC per square kilometre | +16.4% |
| 1979 | 0.0338 million SLC per square kilometre | +4.0% |
| 1980 | 0.0339 million SLC per square kilometre | +0.2% |
| 1981 | 0.0399 million SLC per square kilometre | +17.8% |
| 1982 | 0.0421 million SLC per square kilometre | +5.6% |
| 1983 | 0.0448 million SLC per square kilometre | +6.4% |
| 1984 | 0.0498 million SLC per square kilometre | +11.0% |
| 1985 | 0.0495 million SLC per square kilometre | -0.6% |
| 1986 | 0.0505 million SLC per square kilometre | +2.2% |
| 1987 | 0.0448 million SLC per square kilometre | -11.3% |
| 1988 | 0.0474 million SLC per square kilometre | +5.6% |
| 1989 | 0.0503 million SLC per square kilometre | +6.2% |
| 1990 | 0.0492 million SLC per square kilometre | -2.2% |
| 1991 | 0.0375 million SLC per square kilometre | -23.7% |
| 1992 | 0.0238 million SLC per square kilometre | -36.7% |
| 1993 | 0.0211 million SLC per square kilometre | -11.2% |
| 1994 | 0.0161 million SLC per square kilometre | -23.8% |
| 1995 | 0.0172 million SLC per square kilometre | +7.1% |
| 1996 | 0.0272 million SLC per square kilometre | +57.9% |
| 1997 | 0.0277 million SLC per square kilometre | +2.1% |
| 1998 | 0.0291 million SLC per square kilometre | +4.8% |
| 1999 | 0.0306 million SLC per square kilometre | +5.4% |
| 2000 | 0.0338 million SLC per square kilometre | +10.3% |
| 2001 | 0.0318 million SLC per square kilometre | -5.9% |
| 2002 | 0.0289 million SLC per square kilometre | -9.2% |
| 2003 | 0.0277 million SLC per square kilometre | -4.2% |
| 2004 | 0.0304 million SLC per square kilometre | +9.9% |
| 2005 | 0.0359 million SLC per square kilometre | +18.0% |
| 2006 | 0.0515 million SLC per square kilometre | +43.6% |
| 2007 | 0.0533 million SLC per square kilometre | +3.5% |
| 2008 | 0.0619 million SLC per square kilometre | +15.9% |
| 2009 | 0.0506 million SLC per square kilometre | -18.2% |
| 2010 | 0.0523 million SLC per square kilometre | +3.3% |
| 2011 | 0.0498 million SLC per square kilometre | -4.7% |
| 2012 | 0.0532 million SLC per square kilometre | +6.9% |
| 2013 | 0.061 million SLC per square kilometre | +14.7% |
| 2014 | 0.0566 million SLC per square kilometre | -7.2% |
| 2015 | 0.0723 million SLC per square kilometre | +27.7% |
| 2016 | 0.0774 million SLC per square kilometre | +7.0% |
| 2017 | 0.0921 million SLC per square kilometre | +19.1% |
| 2018 | 0.1103 million SLC per square kilometre | +19.8% |
| 2019 | 0.1117 million SLC per square kilometre | +1.2% |
| 2020 | 0.1015 million SLC per square kilometre | -9.1% |
| 2021 | 0.0955 million SLC per square kilometre | -5.9% |
| 2022 | 0.0852 million SLC per square kilometre | -10.8% |
| 2023 | 0.1436 million SLC per square kilometre | +68.6% |
Cuba compared with similar countries
- Cuba's 0.1436 million SLC per square kilometre is below the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 7% of the median. (54 countries reporting)
- Cuba's 0.1436 million SLC per square kilometre is below the median for Latin America & Caribbean, which is 2.91 million SLC per square kilometre, 5% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0236 million SLC per square kilometre | 0.0135 million SLC per square kilometre | 0.0338 million SLC per square kilometre | 10 |
| 1980s | 0.0453 million SLC per square kilometre | 0.0339 million SLC per square kilometre | 0.0505 million SLC per square kilometre | 10 |
| 1990s | 0.0279 million SLC per square kilometre | 0.0161 million SLC per square kilometre | 0.0492 million SLC per square kilometre | 10 |
| 2000s | 0.0406 million SLC per square kilometre | 0.0277 million SLC per square kilometre | 0.0619 million SLC per square kilometre | 10 |
| 2010s | 0.0737 million SLC per square kilometre | 0.0498 million SLC per square kilometre | 0.1117 million SLC per square kilometre | 10 |
| 2020s | 0.1065 million SLC per square kilometre | 0.0852 million SLC per square kilometre | 0.1436 million SLC per square kilometre | 4 |
Countries ranked near Cuba
- 171 Peru 0.1664 million SLC per square kilometre compare
- 172 Tunisia 0.1643 million SLC per square kilometre compare
- 173 Latvia 0.1568 million SLC per square kilometre compare
- 175 Kiribati 0.1363 million SLC per square kilometre compare
- 176 Botswana 0.1194 million SLC per square kilometre compare
- 177 Fiji 0.1148 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, per in Cuba?
- Gross fixed capital formation — value standard local currency, per in Cuba was 0.1436 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Cuba?
- The highest recorded value was 0.1436 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Cuba?
- The lowest recorded value was 0.0135 million SLC per square kilometre in 1970.
- How does Cuba rank for gross fixed capital formation — value standard local currency, per?
- Cuba ranks 174th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Cuba?
- Over the last ten years it is up 135.4%. 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, 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.