Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Cuba
Cuba: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0791 million USD per square kilometre in 2023. ▲ Rising
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Cuba, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, 2015 prices, per square in Cuba stood at 0.0791 million USD per square kilometre.
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 us$, 2015 prices, per square in Cuba peaked at 0.0849 million USD per square kilometre in 2018 and was at its lowest, 0.0187 million USD per square kilometre, in 1994.
That places Cuba 106th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Cuba, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0331 million USD per square kilometre | — |
| 1971 | 0.036 million USD per square kilometre | +8.6% |
| 1972 | 0.0377 million USD per square kilometre | +4.8% |
| 1973 | 0.039 million USD per square kilometre | +3.4% |
| 1974 | 0.0393 million USD per square kilometre | +0.9% |
| 1975 | 0.0432 million USD per square kilometre | +9.7% |
| 1976 | 0.0455 million USD per square kilometre | +5.5% |
| 1977 | 0.0494 million USD per square kilometre | +8.4% |
| 1978 | 0.0525 million USD per square kilometre | +6.3% |
| 1979 | 0.053 million USD per square kilometre | +1.0% |
| 1980 | 0.0513 million USD per square kilometre | -3.2% |
| 1981 | 0.061 million USD per square kilometre | +18.8% |
| 1982 | 0.0652 million USD per square kilometre | +6.9% |
| 1983 | 0.0683 million USD per square kilometre | +4.7% |
| 1984 | 0.0744 million USD per square kilometre | +8.9% |
| 1985 | 0.0841 million USD per square kilometre | +13.1% |
| 1986 | 0.0741 million USD per square kilometre | -11.8% |
| 1987 | 0.0667 million USD per square kilometre | -10.1% |
| 1988 | 0.0732 million USD per square kilometre | +9.8% |
| 1989 | 0.0806 million USD per square kilometre | +10.1% |
| 1990 | 0.0777 million USD per square kilometre | -3.6% |
| 1991 | 0.0617 million USD per square kilometre | -20.5% |
| 1992 | 0.0363 million USD per square kilometre | -41.3% |
| 1993 | 0.0258 million USD per square kilometre | -28.9% |
| 1994 | 0.0187 million USD per square kilometre | -27.6% |
| 1995 | 0.0196 million USD per square kilometre | +4.8% |
| 1996 | 0.0268 million USD per square kilometre | +37.1% |
| 1997 | 0.0283 million USD per square kilometre | +5.7% |
| 1998 | 0.0296 million USD per square kilometre | +4.3% |
| 1999 | 0.0312 million USD per square kilometre | +5.7% |
| 2000 | 0.0342 million USD per square kilometre | +9.6% |
| 2001 | 0.0333 million USD per square kilometre | -2.8% |
| 2002 | 0.0306 million USD per square kilometre | -8.1% |
| 2003 | 0.0285 million USD per square kilometre | -6.7% |
| 2004 | 0.0306 million USD per square kilometre | +7.2% |
| 2005 | 0.0369 million USD per square kilometre | +20.5% |
| 2006 | 0.0532 million USD per square kilometre | +44.1% |
| 2007 | 0.0545 million USD per square kilometre | +2.4% |
| 2008 | 0.0586 million USD per square kilometre | +7.6% |
| 2009 | 0.0549 million USD per square kilometre | -6.3% |
| 2010 | 0.0533 million USD per square kilometre | -3.0% |
| 2011 | 0.0556 million USD per square kilometre | +4.5% |
| 2012 | 0.0591 million USD per square kilometre | +6.2% |
| 2013 | 0.0643 million USD per square kilometre | +8.8% |
| 2014 | 0.0627 million USD per square kilometre | -2.5% |
| 2015 | 0.0724 million USD per square kilometre | +15.5% |
| 2016 | 0.0772 million USD per square kilometre | +6.6% |
| 2017 | 0.0799 million USD per square kilometre | +3.6% |
| 2018 | 0.0849 million USD per square kilometre | +6.3% |
| 2019 | 0.0846 million USD per square kilometre | -0.4% |
| 2020 | 0.0813 million USD per square kilometre | -3.9% |
| 2021 | 0.0814 million USD per square kilometre | +0.1% |
| 2022 | 0.0767 million USD per square kilometre | -5.8% |
| 2023 | 0.0791 million USD per square kilometre | +3.1% |
Cuba compared with similar countries
- Cuba's 0.0791 million USD per square kilometre is below the median for upper middle income countries, which is 0.0962 million USD per square kilometre, 82% of the median. (54 countries reporting)
- Cuba's 0.0791 million USD per square kilometre is below the median for Latin America & Caribbean, which is 0.2391 million USD per square kilometre, 33% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | -41.3% | 0.0617 million USD per square kilometre | 0.0363 million USD per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0429 million USD per square kilometre | 0.0331 million USD per square kilometre | 0.053 million USD per square kilometre | 10 |
| 1980s | 0.0699 million USD per square kilometre | 0.0513 million USD per square kilometre | 0.0841 million USD per square kilometre | 10 |
| 1990s | 0.0356 million USD per square kilometre | 0.0187 million USD per square kilometre | 0.0777 million USD per square kilometre | 10 |
| 2000s | 0.0415 million USD per square kilometre | 0.0285 million USD per square kilometre | 0.0586 million USD per square kilometre | 10 |
| 2010s | 0.0694 million USD per square kilometre | 0.0533 million USD per square kilometre | 0.0849 million USD per square kilometre | 10 |
| 2020s | 0.0796 million USD per square kilometre | 0.0767 million USD per square kilometre | 0.0814 million USD per square kilometre | 4 |
Countries ranked near Cuba
- 103 Nigeria 0.0852 million USD per square kilometre compare
- 104 Jordan 0.0819 million USD per square kilometre compare
- 105 Comoros 0.0815 million USD per square kilometre compare
- 107 Oman 0.0787 million USD per square kilometre compare
- 108 Ecuador 0.0778 million USD per square kilometre compare
- 109 Morocco 0.073 million USD per square kilometre compare
More economy & growth data for Cuba
- General government final consumption expenditure (current US$) 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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Cuba?
- Gross fixed capital formation — value us$, 2015 prices, per square in Cuba was 0.0791 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Cuba?
- The highest recorded value was 0.0849 million USD per square kilometre in 2018.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Cuba?
- The lowest recorded value was 0.0187 million USD per square kilometre in 1994.
- How does Cuba rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Cuba ranks 106th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Cuba?
- Over the last ten years it is up 23.1%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 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.