Gross capital formation (% of GDP) in Cuba in 2024 — 24.2%. Ranked 69 in the world out of 169. Since 1970, the indicator has fallen by 1.7 pp.
1970–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Cuba
| Year | % | Change, pp |
|---|---|---|
| 2024 | 24.2 | +2.8 pp |
| 2023 | 21.4 | +3.1 pp |
| 2022 | 18.3 | −5.5 pp |
| 2021 | 23.8 | +13.9 pp |
| 2020 | 9.9 | −1.6 pp |
| 2019 | 11.5 | −0.5 pp |
| 2018 | 12 | +1.7 pp |
| 2017 | 10.3 | +0.7 pp |
| 2016 | 9.6 | +0.2 pp |
| 2015 | 9.4 | +1.8 pp |
| 2014 | 7.6 | −1.8 pp |
| 2013 | 9.4 | +0.8 pp |
| 2012 | 8.6 | +0.1 pp |
| 2011 | 8.5 | −1.6 pp |
| 2010 | 10.1 | −0.9 pp |
| 2009 | 10.9 | −3.9 pp |
| 2008 | 14.8 | +4.7 pp |
| 2007 | 10.2 | −1.5 pp |
| 2006 | 11.7 | +1 pp |
| 2005 | 10.8 | +2 pp |
| 2004 | 8.8 | +0.3 pp |
| 2003 | 8.5 | −0.7 pp |
| 2002 | 9.2 | −2.3 pp |
| 2001 | 11.5 | −1 pp |
| 2000 | 12.5 | +0.6 pp |
| 1999 | 11.9 | −1.3 pp |
| 1998 | 13.2 | −1.8 pp |
| 1997 | 15 | −0.9 pp |
| 1996 | 15.9 | +8.9 pp |
| 1995 | 7 | +1.8 pp |
| 1994 | 5.2 | −1.2 pp |
| 1993 | 6.4 | −0.2 pp |
| 1992 | 6.5 | −7.5 pp |
| 1991 | 14 | −10.8 pp |
| 1990 | 24.8 | −1.5 pp |
| 1989 | 26.3 | +2.3 pp |
| 1988 | 24 | +1.2 pp |
| 1987 | 22.9 | −2.7 pp |
| 1986 | 25.5 | −3.2 pp |
| 1985 | 28.8 | +3.3 pp |
| 1984 | 25.5 | +0.2 pp |
| 1983 | 25.3 | −0.3 pp |
| 1982 | 25.6 | −0.5 pp |
| 1981 | 26.1 | −0.1 pp |
| 1980 | 26.3 | +0.5 pp |
| 1979 | 25.8 | −0.1 pp |
| 1978 | 25.8 | −0.1 pp |
| 1977 | 25.9 | −0.1 pp |
| 1976 | 26 | +0 pp |
| 1975 | 26 | +0.1 pp |
| 1974 | 25.9 | −0 pp |
| 1973 | 25.9 | −0 pp |
| 1972 | 25.9 | −0 pp |
| 1971 | 25.9 | +0 pp |
| 1970 | 25.9 | — |
The same indicator for neighboring countries — with links to their pages
Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.
Source: World Development Indicators (World Bank), license CC BY 4.0.
