Cuba | Gross capital formation (annual % growth)

Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. 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 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Republic of Cuba
Records
63
Source
Cuba | Gross capital formation (annual % growth)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971 8.61886708
1972 4.81180024
1973 3.36749926
1974 0.91114664
1975 9.73415775
1976 5.50971364
1977 8.44213177
1978 6.25723252
1979 0.97485838
1980 -3.15346123
1981 18.84949954
1982 6.89678279
1983 4.69209195
1984 8.94034584
1985 13.09659604
1986 -11.83366893
1987 -10.09765209
1988 9.84515799
1989 10.11992478
1990 -3.63202148
1991 -20.54560967
1992 -41.26659378
1993 -28.85546867
1994 -27.64241893
1995 4.80316397
1996 37.07801699
1997 7.60851064
1998 -10.95117579
1999 0.45591805
2000 11.34622186
2001 0.79138214
2002 -10.7796539
2003 -9.6362138
2004 13.47794932
2005 32.99081515
2006 25.97660465
2007 2.38136029
2008 21.93440428
2009 -19.03167371
2010 -0.71186441
2011 8.53533629
2012 7.15633847
2013 4.02172318
2014 -4.86806829
2015 18.25867695
2016 7.51285589
2017 0.16332245
2018 4.82180294
2019 -1.02222222
2020 -5.9272564
2021 -0.44152745
2022 -5.76531224

Cuba | Gross capital formation (annual % growth)

Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. 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 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Republic of Cuba
Records
63
Source