Argentina vs Cuba: Economic Indicators Comparison

Argentina with a GDP of $519.9B ranked the 25th largest economy in the world, while Cuba ranked 64th with $100B. By GDP 5-years average growth and GDP per capita, Argentina and Cuba ranked 169th vs 130th and 66th vs 82nd, respectively.

Gross Domestic Product & Income

Stat	Argentina	Cuba
GDP	$519.9B	$100B
GDP growth, 1 year	-2.5%	2.3%
GDP growth, 5-years average	-0.3%	2%
Population	44.9M	11.5M
GDP per capita	$12k	$8.8k
GDP per capita growth	-3.47%	2.26%
Purchasing Power Parity conversion factor	15.93	0.32
Price level ratio of PPP conversion factor GDP to market exchange rate	0.57	N/A
GDP per capita, PPP adjusted	$21k	$14k
GNI, Atlas method	$551.2B	$84.8B
GNI per capita	$12k	$7.5k
GNI, PPP adjusted	$884.2B	N/A
GNI per capita, PPP adjusted	$20k	N/A

Financial system and Human development

Stat	Argentina	Cuba
Income Tax Rate	35%	50%
Corporate Tax Rate	30%	30%
Inflation, consumer prices	34.3%	6.9%
Inflation, GDP deflator	40.7%	1%
Unemployment	9.5%	2.3%
Economic Freedom Index	53.1	26.9
Personal Freedom Index	8.19	5.4
Human Freedom Index	7.1	5.2
Property Rights Index	50.5	20.1
Judical Effectiveness Index	47	10
Business Freedom Index	60.2	20
Fiscal Health Index	24.7	14.8
Labor Freedom Index	46.5	20
Investment Freedom Index	55	10
Financial Freedom Index	60	10
Trade Freedom Index	69.2	65.6
Monetary Freedom Index	53.7	64.1
Government Spending Index	50.7	0
Tax Burden Index	69.6	49.5
Government Integrity Index	49.7	38.7
Corruption Perceptions Index	40	47
Life expectancy at birth, years	76.4	78.7
Suicide mortality rate, per 100,000 people	9.2	13.9
Mortality caused by road traffic injury, per 100,000 people	14	8.5
Intentional homicides, per 100,000 people	5.1	5
International tourism, number of arrivals	6.9M	4.7M

Government debt & reserves

Stat	Argentina	Cuba
Central government debt, % of GDP	86.3%	51%
External debt stocks, % of GNI	56.1%	N/A
External debt stocks	$280.5B	N/A
Short-term debt, % of total reserves	102.1%	N/A
Total debt service, % of exports and primary income	45%	N/A
Adjusted net savings including particulate emission damage, % of GNI	5.4%	N/A
Gross savings, % of GDP	15.5%	N/A
Gross capital formation, % of GDP	21%	12%
Total reserves including gold	$66.2B	$144M
Foreign direct investment net inflows	$11.9B	N/A

Exports, imports and economic structure

Stat	Argentina	Cuba
Exports of goods and services, % of GDP	14.3%	14.5%
Imports of goods and services, % of GDP	16.4%	12.6%
Current account balance (balance of payments)	-$27.5B	N/A
Revenue excluding grants, % of GDP	19.4%	N/A
Grants excluding technical cooperation, BoP	$30.3M	$510.6M
Personal remittances received	$515.9M	N/A
Industry including construction value added, % of GDP	23%	25.1%
Agriculture, forestry and fishing value added, % of GDP	6.1%	3.8%
Charges for the use of intellectual property, payments BoP	$2B	N/A
Charges for the use of intellectual property, receipts BoP	$268.3M	N/A
Expense, % of GDP	24.3%	N/A
Government Expenditure, % of GDP	40.5%	64.8%