Statizoid

Cuba vs Greenland: Gross capital formation

Cuba
8.30 billion constant LCU
in 2024
Greenland
6.51 billion constant LCU
in 2023
Cuba rank
136th
Greenland rank
139th

Gross capital formation over time

  • Cuba
  • Greenland
2.0B4.0B6.0B8.0B10.0B12.0B197019972024

How they compare

Cuba currently reports 8.30 billion constant LCU against 6.51 billion constant LCU in Greenland, a difference of 1.79 billion constant LCU.

That makes Cuba's figure about 1.3 times Greenland's.

The two have swapped places 2 times across 21 shared years of data; in 2003 it was Cuba ahead.

Globally, Cuba ranks 136th and Greenland ranks 139th of 169 countries.

Individual pages

About this data

Indicator
Gross capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
169 places, 7,054 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.