Cuba | Gross capital formation (current LCU)
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. Data are in current local currency.
Publisher
The World Bank
Origin
Republic of Cuba
Records
63
Source
Cuba | Gross capital formation (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1476022100 1970
1793453100 1971
2010653200 1972
2145816000 1973
2421649800 1974
2772630900 1975
2942067100 1976
3056540200 1977
3548427000 1978
3684365000 1979
3766341400 1980
4373198600 1981
4559267200 1982
4832662200 1983
5385536400 1984
6038223800 1985
5156822500 1986
4530586800 1987
5000345800 1988
5551358700 1989
5342796200 1990
2493538800 1991
1069677700 1992
1058383300 1993
1103560900 1994
1671899100 1995
3977000000 1996
3793200000 1997
3398000000 1998
3363200000 1999
3821700000 2000
3632300000 2001
3089100000 2002
3052900000 2003
3362100000 2004
4594700000 2005
6186000000 2006
5968200000 2007
9026500000 2008
6790000000 2009
6480000000 2010
5844000000 2011
6272000000 2012
7247000000 2013
6139000000 2014
8181000000 2015
8735000000 2016
9974000000 2017
12040000000 2018
11889000000 2019
10601000000 2020
129822000000 2021
105104000000 2022
Cuba | Gross capital formation (current LCU)
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. Data are in current local currency.
Publisher
The World Bank
Origin
Republic of Cuba
Records
63
Source