Benin vs Cuba: Economic Indicators Comparison

Cuba with a GDP of $100B ranked the 64th largest economy in the world, while Benin ranked 143rd with $10.4B. By GDP 5-years average growth and GDP per capita, Cuba and Benin ranked 130th vs 34th and 82nd vs 173rd, respectively.

Gross Domestic Product & Income

StatBeninCuba
GDP$10.4B$100B
GDP growth, 1 year6.5%2.3%
GDP growth, 5-years average5%2%
Population11.2M11.5M
GDP per capita$902$8.8k
GDP per capita growth3.98%2.26%
Purchasing Power Parity conversion factor206.520.32
Price level ratio of PPP conversion factor GDP to market exchange rate0.37N/A
GDP per capita, PPP adjusted$2.4k$14k
GNI, Atlas method$10B$84.8B
GNI per capita$870$7.5k
GNI, PPP adjusted$27.6BN/A
GNI per capita, PPP adjusted$2.4kN/A

Financial system and Human development

StatBeninCuba
Income Tax Rate45%50%
Corporate Tax Rate30%30%
Inflation, consumer prices1%6.9%
Inflation, GDP deflator0%1%
Unemployment2.1%2.3%
Economic Freedom Index55.226.9
Personal Freedom Index7.465.4
Human Freedom Index6.855.2
Property Rights Index41.320.1
Judical Effectiveness Index36.410
Business Freedom Index5820
Fiscal Health Index46.614.8
Labor Freedom Index53.720
Investment Freedom Index6010
Financial Freedom Index5010
Trade Freedom Index49.465.6
Monetary Freedom Index84.364.1
Government Spending Index84.20
Tax Burden Index6949.5
Government Integrity Index29.638.7
Corruption Perceptions Index4047
Life expectancy at birth, years61.278.7
Suicide mortality rate, per 100,000 people9.913.9
Mortality caused by road traffic injury, per 100,000 people27.58.5
Intentional homicides, per 100,000 people1.15
International tourism, number of arrivals295k4.7M

Government debt & reserves

StatBeninCuba
Central government debt, % of GDP54.6%51%
External debt stocks, % of GNI35.9%N/A
External debt stocks$3.7BN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary income7.8%N/A
Adjusted net savings including particulate emission damage, % of GNI-3.4%N/A
Gross savings, % of GDP12.3%N/A
Gross capital formation, % of GDP25.8%12%
Total reserves including goldN/A$144M
Foreign direct investment net inflows$207.5MN/A

Exports, imports and economic structure

StatBeninCuba
Exports of goods and services, % of GDP35.4%14.5%
Imports of goods and services, % of GDP44.2%12.6%
Current account balance (balance of payments)-$927.3MN/A
Revenue excluding grants, % of GDP12.9%N/A
Grants excluding technical cooperation, BoP$328.1M$510.6M
Personal remittances received$198.7MN/A
Industry including construction value added, % of GDP21.5%25.1%
Agriculture, forestry and fishing value added, % of GDP22.6%3.8%
Charges for the use of intellectual property, payments BoP$18kN/A
Charges for the use of intellectual property, receipts BoP$877N/A
Expense, % of GDPN/AN/A
Government Expenditure, % of GDP23%64.8%

Compare with countries close by GDP per capita

Benin vs

CountryGDP
per capita
Population
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M

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