Gross Fixed Capital Formation — Value US$, per capita in Cuba
Cuba: Gross Fixed Capital Formation — Value US$, per capita was 0.0014 million USD per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, per capita in Cuba, 1970–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
Cuba recorded 0.0014 million USD per person for gross fixed capital formation — value us$, per capita in 2024. That is the highest value across all 55 years on record.
That represents a change of up 3.6% on the previous year and up 168.5% over ten years.
Over the whole period, gross fixed capital formation — value us$, per capita in Cuba peaked at 0.0014 million USD per person in 2024 and was at its lowest, 0.0002 million USD per person, in 1970.
Cuba ranks 112th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per capita in Cuba, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1970 | 0.0002 million USD per person | — |
| 1971 | 0.0002 million USD per person | +19.4% |
| 1972 | 0.0002 million USD per person | +15.8% |
| 1973 | 0.0003 million USD per person | +21.0% |
| 1974 | 0.0003 million USD per person | +12.7% |
| 1975 | 0.0003 million USD per person | +12.9% |
| 1976 | 0.0004 million USD per person | +5.0% |
| 1977 | 0.0004 million USD per person | +2.2% |
| 1978 | 0.0005 million USD per person | +24.6% |
| 1979 | 0.0005 million USD per person | +9.1% |
| 1980 | 0.0005 million USD per person | +1.2% |
| 1981 | 0.0005 million USD per person | +1.7% |
| 1982 | 0.0005 million USD per person | +2.4% |
| 1983 | 0.0006 million USD per person | +4.5% |
| 1984 | 0.0006 million USD per person | +7.6% |
| 1985 | 0.0006 million USD per person | -5.5% |
| 1986 | 0.0006 million USD per person | +11.3% |
| 1987 | 0.0006 million USD per person | -6.8% |
| 1988 | 0.0006 million USD per person | +8.5% |
| 1989 | 0.0007 million USD per person | +2.2% |
| 1990 | 0.0007 million USD per person | +0.5% |
| 1991 | 0.0005 million USD per person | -22.3% |
| 1992 | 0.0003 million USD per person | -37.7% |
| 1993 | 0.0003 million USD per person | -11.7% |
| 1994 | 0.0002 million USD per person | -24.1% |
| 1995 | 0.0002 million USD per person | +0.9% |
| 1996 | 0.0003 million USD per person | +23.3% |
| 1997 | 0.0003 million USD per person | +1.7% |
| 1998 | 0.0003 million USD per person | +4.5% |
| 1999 | 0.0003 million USD per person | +5.1% |
| 2000 | 0.0003 million USD per person | +9.9% |
| 2001 | 0.0003 million USD per person | -6.2% |
| 2002 | 0.0003 million USD per person | -10.3% |
| 2003 | 0.0003 million USD per person | -4.5% |
| 2004 | 0.0003 million USD per person | +9.6% |
| 2005 | 0.0003 million USD per person | +17.8% |
| 2006 | 0.0005 million USD per person | +43.4% |
| 2007 | 0.0005 million USD per person | +3.4% |
| 2008 | 0.0006 million USD per person | +15.9% |
| 2009 | 0.0005 million USD per person | -18.2% |
| 2010 | 0.0005 million USD per person | +3.2% |
| 2011 | 0.0005 million USD per person | -3.7% |
| 2012 | 0.0005 million USD per person | +5.9% |
| 2013 | 0.0006 million USD per person | +12.1% |
| 2014 | 0.0005 million USD per person | -7.3% |
| 2015 | 0.0007 million USD per person | +28.1% |
| 2016 | 0.0007 million USD per person | +6.9% |
| 2017 | 0.0009 million USD per person | +19.0% |
| 2018 | 0.001 million USD per person | +20.0% |
| 2019 | 0.001 million USD per person | +1.5% |
| 2020 | 0.0009 million USD per person | -8.9% |
| 2021 | 0.0009 million USD per person | -5.4% |
| 2022 | 0.0008 million USD per person | -10.3% |
| 2023 | 0.0014 million USD per person | +69.2% |
| 2024 | 0.0014 million USD per person | +3.6% |
Cuba compared with similar countries
- Cuba's 0.0014 million USD per person is below the median for upper middle income countries, which is 0.0018 million USD per person, 80% of the median. (54 countries reporting)
- Cuba's 0.0014 million USD per person is below the median for Latin America & Caribbean, which is 0.0032 million USD per person, 43% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0003 million USD per person | 0.0002 million USD per person | 0.0005 million USD per person | 10 |
| 1980s | 0.0006 million USD per person | 0.0005 million USD per person | 0.0007 million USD per person | 10 |
| 1990s | 0.0003 million USD per person | 0.0002 million USD per person | 0.0007 million USD per person | 10 |
| 2000s | 0.0004 million USD per person | 0.0003 million USD per person | 0.0006 million USD per person | 10 |
| 2010s | 0.0007 million USD per person | 0.0005 million USD per person | 0.001 million USD per person | 10 |
| 2020s | 0.0011 million USD per person | 0.0008 million USD per person | 0.0014 million USD per person | 5 |
Countries ranked near Cuba
- 109 Marshall Islands 0.0015 million USD per person compare
- 110 Indonesia 0.0014 million USD per person compare
- 111 Tonga 0.0014 million USD per person compare
- 113 Colombia 0.0014 million USD per person compare
- 114 Paraguay 0.0013 million USD per person compare
- 115 Vietnam 0.0013 million USD per person 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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is gross fixed capital formation — value us$, per capita in Cuba?
- Gross fixed capital formation — value us$, per capita in Cuba was 0.0014 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per capita recorded in Cuba?
- The highest recorded value was 0.0014 million USD per person in 2024.
- What is the lowest gross fixed capital formation — value us$, per capita recorded in Cuba?
- The lowest recorded value was 0.0002 million USD per person in 1970.
- How does Cuba rank for gross fixed capital formation — value us$, per capita?
- Cuba ranks 112th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value us$, per capita rising or falling in Cuba?
- Over the last ten years it is up 168.5%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross Fixed Capital Formation — Value US$ divided by Population, total, 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$ ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value US$ Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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$ divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.