Cuba CU: GDP: % of GDP: Gross Capital Formation

Cuba CU: GDP: % of GDP: Gross Capital Formation data was reported at 16.593 % in 2022. This records a decrease from the previous number of 23.811 % for 2021. Cuba CU: GDP: % of GDP: Gross Capital Formation data is updated yearly, averaging 13.995 % from Dec 1970 (Median) to 2022, with 53 observations. The data reached an all-time high of 28.763 % in 1985 and a record low of 5.242 % in 1994. Cuba CU: GDP: % of GDP: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cuba – Table CU.World Bank.WDI: Gross Domestic Product: Share of GDP. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

View Cuba's Cuba CU: GDP: % of GDP: Gross Capital Formation from 1970 to 2022 in the chart:

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

max 1y 5y 10y bar line area spline areaspline column Apply Get this data

There is no data available for your selected dates.

What was Cuba's Cuba CU: GDP: % of GDP: Gross Capital Formation in 2022?

Related Indicators for Cuba CU: GDP: % of GDP: Gross Capital Formation

Cuba Key Series

More Indicators for Cuba