Cuba - Gross fixed capital formation growth rate (at constant 2015 prices)

-5.8 (%) in 2022

In 2022, gross fixed capital formation growth for Cuba was -5.8 %. Though Cuba gross fixed capital formation growth fluctuated substantially in recent years, it tended to increase through 1973 - 2022 period ending at -5.8 % in 2022.

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What is gross fixed capital formation growth?

Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.

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What is Cuba gross fixed capital formation growth?