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

Cuba CU: GDP: % of GDP: Gross Fixed Capital Formation data was reported at 11.479 % in 2022. This records an increase from the previous number of 10.499 % for 2021. Cuba CU: GDP: % of GDP: Gross Fixed Capital Formation data is updated yearly, averaging 11.744 % from Dec 1970 (Median) to 2022, with 53 observations. The data reached an all-time high of 26.882 % in 1986 and a record low of 7.304 % in 2014. Cuba CU: GDP: % of GDP: Gross Fixed 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 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.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;

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