Angola vs Cuba: Economic Indicators Comparison

Angola with a GDP of $105.8B ranked the 63rd largest economy in the world, while Cuba ranked 64th with $100B. By GDP 5-years average growth and GDP per capita, Angola and Cuba ranked 166th vs 130th and 128th vs 82nd, respectively.

Gross Domestic Product & Income

StatAngolaCuba
GDP$105.8B$100B
GDP growth, 1 year-1.7%2.3%
GDP growth, 5-years average0.3%2%
Population29.8M11.5M
GDP per capita$3.4k$8.8k
GDP per capita growth-5.29%2.26%
Purchasing Power Parity conversion factor134.510.32
Price level ratio of PPP conversion factor GDP to market exchange rate0.53N/A
GDP per capita, PPP adjusted$6.8k$14k
GNI, Atlas method$103.8B$84.8B
GNI per capita$3.4k$7.5k
GNI, PPP adjusted$190BN/A
GNI per capita, PPP adjusted$6.2kN/A

Financial system and Human development

StatAngolaCuba
Income Tax Rate17%50%
Corporate Tax Rate30%30%
Inflation, consumer prices19.6%6.9%
Inflation, GDP deflator34.8%1%
Unemployment7.3%2.3%
Economic Freedom Index52.226.9
Personal Freedom Index5.445.4
Human Freedom Index5.025.2
Property Rights Index36.920.1
Judical Effectiveness Index14.310
Business Freedom Index57.720
Fiscal Health Index71.914.8
Labor Freedom Index61.120
Investment Freedom Index3010
Financial Freedom Index4010
Trade Freedom Index66.265.6
Monetary Freedom Index59.664.1
Government Spending Index85.70
Tax Burden Index87.349.5
Government Integrity Index15.138.7
Corruption Perceptions Index1947
Life expectancy at birth, years60.478.7
Suicide mortality rate, per 100,000 people4.713.9
Mortality caused by road traffic injury, per 100,000 people23.68.5
Intentional homicides, per 100,000 people4.95
International tourism, number of arrivals218k4.7M

Government debt & reserves

StatAngolaCuba
Central government debt, % of GDP88.1%51%
External debt stocks, % of GNI54%N/A
External debt stocks$54.6BN/A
Short-term debt, % of total reserves15%N/A
Total debt service, % of exports and primary income21.9%N/A
Adjusted net savings including particulate emission damage, % of GNI-16.3%N/A
Gross savings, % of GDP26.4%N/A
Gross capital formation, % of GDP24.1%12%
Total reserves including gold$15.4B$144M
Foreign direct investment net inflows-$5.7BN/A

Exports, imports and economic structure

StatAngolaCuba
Exports of goods and services, % of GDP29%14.5%
Imports of goods and services, % of GDP23.3%12.6%
Current account balance (balance of payments)$7.4BN/A
Revenue excluding grants, % of GDP16.4%N/A
Grants excluding technical cooperation, BoP$138.9M$510.6M
Personal remittances received$1.6MN/A
Industry including construction value added, % of GDP42.2%25.1%
Agriculture, forestry and fishing value added, % of GDP10%3.8%
Charges for the use of intellectual property, payments BoP$246.6MN/A
Charges for the use of intellectual property, receipts BoP$8.2MN/A
Expense, % of GDP16.7%N/A
Government Expenditure, % of GDP21.8%64.8%

Compare with countries close by GDP per capita

Angola vs

CountryGDP
per capita
Population
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M

Cuba vs

CountryGDP
per capita
Population
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M