Gross Fixed Capital Formation β Value US$, 2015 prices in Cuba
Cuba: Gross Fixed Capital Formation β Value US$, 2015 prices was 8,351 million USD in 2024. β² Rising
Gross Fixed Capital Formation β Value US$, 2015 prices in Cuba, 1970β2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation β value us$, 2015 prices in Cuba is 8,351 million USD, measured in 2024.
Compared with earlier readings it is up 1.7% on the previous year and up 28.1% over ten years.
Over the whole period, gross fixed capital formation β value us$, 2015 prices in Cuba peaked at 9,031 million USD in 1985 and was at its lowest, 2,005 million USD, in 1994.
Cuba ranks 101st of 219 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,604 million USD | 3,557 million USD | 5,690 million USD | 10 |
| 1980s | 7,505 million USD | 5,511 million USD | 9,031 million USD | 10 |
| 1990s | 3,820 million USD | 2,005 million USD | 8,345 million USD | 10 |
| 2000s | 4,426 million USD | 3,037 million USD | 6,237 million USD | 10 |
| 2010s | 7,259 million USD | 5,668 million USD | 8,816 million USD | 10 |
| 2020s | 8,283 million USD | 7,962 million USD | 8,449 million USD | 5 |
Countries ranked near Cuba
More economy & growth data for Cuba
- External balance on goods and services as a percent of gdp -39.92 (2024)
- Gdp per capita worldbank constant usd 7,381 (2024)
- Manufacturing value added to gdp 10.68 (2024)
- Gdp worldbank constant usd 81.05 billion (2024)
- Gdp per capita in international and market dollars 7,381 (2024)
- DEC alternative conversion factor 1 LCU per US$ (2020)
- Net secondary income (Net current transfers from abroad) 1.89 billion current LCU (2019)
- Net secondary income (Net current transfers from abroad) 1.89 billion current US$ (2019)
- Taxes less subsidies on products 16.49 billion current LCU (2024)
- Taxes less subsidies on products 762.00 million current US$ (2020)
Frequently asked questions
- What is gross fixed capital formation β value us$, 2015 prices in Cuba?
- Gross fixed capital formation β value us$, 2015 prices in Cuba was 8,351 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation β value us$, 2015 prices recorded in Cuba?
- The highest recorded value was 9,031 million USD in 1985.
- What is the lowest gross fixed capital formation β value us$, 2015 prices recorded in Cuba?
- The lowest recorded value was 2,005 million USD in 1994.
- How does Cuba rank for gross fixed capital formation β value us$, 2015 prices?
- Cuba ranks 101st out of 219 countries with data for 2024.
- Is gross fixed capital formation β value us$, 2015 prices rising or falling in Cuba?
- Over the last ten years it is up 28.1%. The long-run trend across the full record is rising.
- Where does this Cuba data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation β Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).