Gross Fixed Capital Formation — Value US$, per square kilometre in Cuba
Cuba: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.1436 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, per square kilometre in Cuba, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, per square kilometre in Cuba stood at 0.1436 million USD per square kilometre. That is the highest value across all 54 years on record.
That represents a change of up 68.6% on the previous year and up 135.4% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Cuba peaked at 0.1436 million USD per square kilometre in 2023 and was at its lowest, 0.0135 million USD per square kilometre, in 1970.
Cuba ranks 96th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Cuba, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0135 million USD per square kilometre | — |
| 1971 | 0.0164 million USD per square kilometre | +21.5% |
| 1972 | 0.0193 million USD per square kilometre | +17.7% |
| 1973 | 0.0236 million USD per square kilometre | +22.8% |
| 1974 | 0.027 million USD per square kilometre | +14.2% |
| 1975 | 0.0308 million USD per square kilometre | +14.2% |
| 1976 | 0.0327 million USD per square kilometre | +6.0% |
| 1977 | 0.0337 million USD per square kilometre | +3.0% |
| 1978 | 0.0422 million USD per square kilometre | +25.4% |
| 1979 | 0.0463 million USD per square kilometre | +9.7% |
| 1980 | 0.047 million USD per square kilometre | +1.6% |
| 1981 | 0.0481 million USD per square kilometre | +2.2% |
| 1982 | 0.0496 million USD per square kilometre | +3.1% |
| 1983 | 0.0522 million USD per square kilometre | +5.3% |
| 1984 | 0.0566 million USD per square kilometre | +8.5% |
| 1985 | 0.054 million USD per square kilometre | -4.7% |
| 1986 | 0.0606 million USD per square kilometre | +12.3% |
| 1987 | 0.057 million USD per square kilometre | -6.0% |
| 1988 | 0.0625 million USD per square kilometre | +9.6% |
| 1989 | 0.0645 million USD per square kilometre | +3.2% |
| 1990 | 0.0654 million USD per square kilometre | +1.5% |
| 1991 | 0.0512 million USD per square kilometre | -21.7% |
| 1992 | 0.0321 million USD per square kilometre | -37.3% |
| 1993 | 0.0285 million USD per square kilometre | -11.2% |
| 1994 | 0.0217 million USD per square kilometre | -23.8% |
| 1995 | 0.022 million USD per square kilometre | +1.2% |
| 1996 | 0.0272 million USD per square kilometre | +23.7% |
| 1997 | 0.0277 million USD per square kilometre | +2.1% |
| 1998 | 0.0291 million USD per square kilometre | +4.8% |
| 1999 | 0.0306 million USD per square kilometre | +5.4% |
| 2000 | 0.0338 million USD per square kilometre | +10.3% |
| 2001 | 0.0318 million USD per square kilometre | -5.9% |
| 2002 | 0.0289 million USD per square kilometre | -9.2% |
| 2003 | 0.0277 million USD per square kilometre | -4.2% |
| 2004 | 0.0304 million USD per square kilometre | +9.9% |
| 2005 | 0.0359 million USD per square kilometre | +18.0% |
| 2006 | 0.0515 million USD per square kilometre | +43.6% |
| 2007 | 0.0533 million USD per square kilometre | +3.5% |
| 2008 | 0.0619 million USD per square kilometre | +15.9% |
| 2009 | 0.0506 million USD per square kilometre | -18.2% |
| 2010 | 0.0523 million USD per square kilometre | +3.3% |
| 2011 | 0.0502 million USD per square kilometre | -4.0% |
| 2012 | 0.0532 million USD per square kilometre | +6.1% |
| 2013 | 0.061 million USD per square kilometre | +14.7% |
| 2014 | 0.0566 million USD per square kilometre | -7.2% |
| 2015 | 0.0724 million USD per square kilometre | +27.8% |
| 2016 | 0.0774 million USD per square kilometre | +6.9% |
| 2017 | 0.0921 million USD per square kilometre | +19.1% |
| 2018 | 0.1103 million USD per square kilometre | +19.8% |
| 2019 | 0.1117 million USD per square kilometre | +1.2% |
| 2020 | 0.1015 million USD per square kilometre | -9.1% |
| 2021 | 0.0955 million USD per square kilometre | -5.9% |
| 2022 | 0.0852 million USD per square kilometre | -10.8% |
| 2023 | 0.1436 million USD per square kilometre | +68.6% |
Cuba compared with similar countries
- Cuba's 0.1436 million USD per square kilometre is above the median for upper middle income countries, which is 0.126 million USD per square kilometre, 1.1× the median. (54 countries reporting)
- Cuba's 0.1436 million USD per square kilometre is below the median for Latin America & Caribbean, which is 0.2765 million USD per square kilometre, 52% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0285 million USD per square kilometre | 0.0135 million USD per square kilometre | 0.0463 million USD per square kilometre | 10 |
| 1980s | 0.0552 million USD per square kilometre | 0.047 million USD per square kilometre | 0.0645 million USD per square kilometre | 10 |
| 1990s | 0.0336 million USD per square kilometre | 0.0217 million USD per square kilometre | 0.0654 million USD per square kilometre | 10 |
| 2000s | 0.0406 million USD per square kilometre | 0.0277 million USD per square kilometre | 0.0619 million USD per square kilometre | 10 |
| 2010s | 0.0737 million USD per square kilometre | 0.0502 million USD per square kilometre | 0.1117 million USD per square kilometre | 10 |
| 2020s | 0.1065 million USD per square kilometre | 0.0852 million USD per square kilometre | 0.1436 million USD per square kilometre | 4 |
Countries ranked near Cuba
- 93 North Macedonia 0.1551 million USD per square kilometre compare
- 94 Rwanda 0.1548 million USD per square kilometre compare
- 95 Nigeria 0.1456 million USD per square kilometre compare
- 97 Saudi Arabia 0.1385 million USD per square kilometre compare
- 98 Azerbaijan 0.13 million USD per square kilometre compare
- 99 Bosnia and Herzegovina 0.122 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$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in Cuba?
- Gross fixed capital formation — value us$, per square kilometre in Cuba was 0.1436 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Cuba?
- The highest recorded value was 0.1436 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Cuba?
- The lowest recorded value was 0.0135 million USD per square kilometre in 1970.
- How does Cuba rank for gross fixed capital formation — value us$, per square kilometre?
- Cuba ranks 96th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Cuba?
- Over the last ten years it is up 135.4%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ 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.