Cuba - Gross fixed capital formation

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Cuba was $10,536,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $11,596,000,000 in 2019 and $1,447,337,000 in 1970.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $1,447,337,000
1971 $1,758,209,000
1972 $2,068,732,000
1973 $2,539,467,000
1974 $2,899,398,000
1975 $3,310,607,000
1976 $3,509,210,000
1977 $3,614,170,000
1978 $4,533,951,000
1979 $4,972,607,000
1980 $5,052,998,000
1981 $5,163,818,000
1982 $5,322,993,000
1983 $5,605,107,000
1984 $6,083,039,000
1985 $5,798,904,000
1986 $6,512,550,000
1987 $6,124,492,000
1988 $6,710,033,000
1989 $6,921,726,000
1990 $7,022,687,000
1991 $5,501,123,000
1992 $3,447,294,000
1993 $3,060,244,000
1994 $2,331,043,000
1995 $2,359,534,000
1996 $2,919,000,000
1997 $2,979,000,000
1998 $3,122,000,000
1999 $3,291,000,000
2000 $3,630,200,000
2001 $3,417,300,000
2002 $3,074,100,000
2003 $2,944,900,000
2004 $3,237,500,000
2005 $3,821,500,000
2006 $5,486,000,000
2007 $5,677,800,000
2008 $6,583,500,000
2009 $5,386,000,000
2010 $5,562,000,000
2011 $5,320,000,000
2012 $5,677,000,000
2013 $6,360,000,000
2014 $5,891,000,000
2015 $7,531,000,000
2016 $8,051,000,000
2017 $9,564,000,000
2018 $11,453,000,000
2019 $11,596,000,000
2020 $10,536,000,000

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Cuba was 10,536,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 11,596,000,000 in 2019 and a minimum value of 1,447,337,000 in 1970.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 1,447,337,000
1971 1,758,209,000
1972 1,971,501,000
1973 2,105,218,000
1974 2,377,507,000
1975 2,714,697,000
1976 2,881,061,000
1977 2,999,761,000
1978 3,491,142,000
1979 3,630,003,000
1980 3,638,158,000
1981 4,285,969,000
1982 4,524,544,000
1983 4,814,787,000
1984 5,343,949,000
1985 5,311,216,000
1986 5,427,559,000
1987 4,815,688,000
1988 5,086,205,000
1989 5,401,022,000
1990 5,281,061,000
1991 4,030,673,000
1992 2,550,998,000
1993 2,264,581,000
1994 1,724,972,000
1995 1,848,223,000
1996 2,919,000,000
1997 2,979,000,000
1998 3,122,000,000
1999 3,291,000,000
2000 3,630,200,000
2001 3,417,300,000
2002 3,074,100,000
2003 2,944,900,000
2004 3,237,500,000
2005 3,821,500,000
2006 5,486,000,000
2007 5,677,800,000
2008 6,583,500,000
2009 5,386,000,000
2010 5,562,000,000
2011 5,320,000,000
2012 5,677,000,000
2013 6,360,000,000
2014 5,891,000,000
2015 7,531,000,000
2016 8,051,000,000
2017 9,564,000,000
2018 11,453,000,000
2019 11,596,000,000
2020 10,536,000,000

Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Cuba was 8,433,576,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 9,023,746,000 in 1985 and 2,002,944,000 in 1994.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 3,554,233,000
1971 3,860,568,000
1972 4,046,331,000
1973 4,182,591,000
1974 4,220,700,000
1975 4,631,550,000
1976 4,886,735,000
1977 5,299,279,000
1978 5,630,868,000
1979 5,685,761,000
1980 5,506,463,000
1981 6,544,403,000
1982 6,995,757,000
1983 7,324,004,000
1984 7,978,795,000
1985 9,023,746,000
1986 7,955,906,000
1987 7,152,546,000
1988 7,856,725,000
1989 8,651,820,000
1990 8,337,584,000
1991 6,624,577,000
1992 3,890,839,000
1993 2,768,120,000
1994 2,002,944,000
1995 2,099,149,000
1996 2,877,218,000
1997 3,041,601,000
1998 3,171,270,000
1999 3,353,010,000
2000 3,673,813,000
2001 3,569,567,000
2002 3,250,807,000
2003 3,034,862,000
2004 3,253,972,000
2005 3,923,859,000
2006 5,654,683,000
2007 5,791,192,000
2008 6,232,066,000
2009 5,838,159,000
2010 5,663,565,000
2011 5,940,260,000
2012 6,297,615,000
2013 6,692,747,000
2014 6,513,049,000
2015 7,531,000,000
2016 8,021,087,000
2017 8,289,613,000
2018 8,808,288,000
2019 8,772,553,000
2020 8,433,576,000

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Cuba was -3.86 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 44.11 in 2006 and a minimum value of -41.27 in 1992.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1971 8.62
1972 4.81
1973 3.37
1974 0.91
1975 9.73
1976 5.51
1977 8.44
1978 6.26
1979 0.97
1980 -3.15
1981 18.85
1982 6.90
1983 4.69
1984 8.94
1985 13.10
1986 -11.83
1987 -10.10
1988 9.85
1989 10.12
1990 -3.63
1991 -20.55
1992 -41.27
1993 -28.86
1994 -27.64
1995 4.80
1996 37.07
1997 5.71
1998 4.26
1999 5.73
2000 9.57
2001 -2.84
2002 -8.93
2003 -6.64
2004 7.22
2005 20.59
2006 44.11
2007 2.41
2008 7.61
2009 -6.32
2010 -2.99
2011 4.89
2012 6.02
2013 6.27
2014 -2.68
2015 15.63
2016 6.51
2017 3.35
2018 6.26
2019 -0.41
2020 -3.86

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Cuba was 8,260,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 8,838,022,000 in 1985 and a minimum value of 1,961,720,000 in 1994.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 3,481,081,000
1971 3,781,111,000
1972 3,963,050,000
1973 4,096,506,000
1974 4,133,831,000
1975 4,536,225,000
1976 4,786,158,000
1977 5,190,212,000
1978 5,514,976,000
1979 5,568,739,000
1980 5,393,130,000
1981 6,409,709,000
1982 6,851,772,000
1983 7,173,264,000
1984 7,814,579,000
1985 8,838,022,000
1986 7,792,160,000
1987 7,005,335,000
1988 7,695,021,000
1989 8,473,752,000
1990 8,165,983,000
1991 6,488,232,000
1992 3,810,760,000
1993 2,711,147,000
1994 1,961,720,000
1995 2,055,945,000
1996 2,818,000,000
1997 2,979,000,000
1998 3,106,000,000
1999 3,284,000,000
2000 3,598,200,000
2001 3,496,100,000
2002 3,183,900,000
2003 2,972,400,000
2004 3,187,000,000
2005 3,843,100,000
2006 5,538,300,000
2007 5,672,000,000
2008 6,103,800,000
2009 5,718,000,000
2010 5,547,000,000
2011 5,818,000,000
2012 6,168,000,000
2013 6,555,000,000
2014 6,379,000,000
2015 7,376,000,000
2016 7,856,000,000
2017 8,119,000,000
2018 8,627,000,000
2019 8,592,000,000
2020 8,260,000,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Cuba was 9.81 as of 2020. Its highest value over the past 50 years was 26.88 in 1986, while its lowest value was 7.30 in 2014.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 25.42
1971 25.43
1972 25.43
1973 25.43
1974 25.42
1975 25.41
1976 25.45
1977 25.44
1978 25.41
1979 25.39
1980 25.38
1981 25.63
1982 25.40
1983 25.24
1984 25.30
1985 25.30
1986 26.88
1987 24.29
1988 24.44
1989 25.61
1990 24.52
1991 22.62
1992 15.61
1993 13.68
1994 8.19
1995 7.75
1996 11.67
1997 11.74
1998 12.13
1999 11.60
2000 11.88
2001 10.79
2002 9.15
2003 8.20
2004 8.47
2005 8.96
2006 10.40
2007 9.69
2008 10.83
2009 8.68
2010 8.65
2011 7.71
2012 7.76
2013 8.24
2014 7.30
2015 8.64
2016 8.81
2017 9.87
2018 11.45
2019 11.21
2020 9.81

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts