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Economy of Brazil vs Cuba compared: GDP & Debt

Updated on by Georank

Brazil has a GDP of $2.28T compared to $107B for Cuba, ranking 11/197 and 72/197 by economy size, respectively.

Brazil vs Cuba GDP by year

Brazil
Cuba
1x
Year GDP, current $
Brazil Cuba
2025 $2,279,920,092,492 -
2024 $2,185,821,610,689 -
2023 $2,191,131,765,685 -
2022 $1,951,923,942,083 -
2021 $1,670,647,398,905 -
2020 $1,476,107,231,310 $107,352,000,000
2019 $1,873,288,205,060 $103,427,600,000
2018 $1,916,933,898,011 $100,050,036,100
2017 $2,063,514,977,366 $96,850,649,700
2016 $1,795,693,482,853 $91,370,407,900
2015 $1,802,212,206,815 $87,132,800,000
2014 $2,456,043,727,199 $80,656,100,000
2013 $2,472,819,535,557 $77,148,000,000
2012 $2,465,227,802,807 $73,141,000,000
2011 $2,616,156,223,918 $68,990,000,000
2010 $2,208,837,745,101 $59,562,962,963
2009 $1,666,996,438,581 $57,481,481,481
2008 $1,695,855,083,498 $56,302,129,630
2007 $1,397,114,486,369 $54,262,870,370
2006 $1,107,626,541,435 $48,835,925,926
2005 $891,633,839,894 $42,643,836,100
2004 $669,289,424,806 $38,203,000,000
2003 $558,233,745,652 $35,901,200,000
2002 $509,795,273,807 $33,590,500,000
2001 $559,983,634,799 $31,682,400,000
2000 $655,448,231,984 $30,565,400,000
1999 $599,642,024,320 $28,364,615,200
1998 $863,710,759,256 $25,736,331,200
1997 $883,206,179,730 $25,365,908,100
1996 $850,426,432,992 $25,017,368,700
1995 $769,333,050,987 $30,429,803,651
1994 $525,369,467,296 $28,448,326,757
1993 $368,292,034,381 $22,367,254,865
1992 $328,191,909,882 $22,085,858,243
1991 $342,534,090,909 $24,316,556,026
1990 $384,959,818,182 $28,645,436,569
1989 $412,990,820,287 $27,023,468,666
1988 $307,881,930,752 $27,458,999,472
1987 $283,056,836,894 $25,213,935,012
1986 $256,480,852,471 $24,226,574,634
1985 $210,879,844,639 $22,920,490,774
1984 $188,339,974,087 $24,039,383,608
1983 $189,656,506,321 $22,204,940,512
1982 $271,314,113,768 $20,953,510,235
1981 $258,015,174,749 $20,150,254,096
1980 $237,393,489,893 $19,912,889,861
1979 $221,338,204,480 $19,584,443,288
1978 $200,278,646,124 $17,844,705,325
1977 $176,344,101,402 $14,206,158,675
1976 $153,168,949,208 $13,789,579,903
1975 $129,203,555,239 $13,027,415,244
1974 $109,794,519,728 $11,405,957,317
1973 $83,592,275,863 $9,987,709,650
1972 $58,434,858,375 $8,135,150,892
1971 $48,869,830,902 $6,914,658,400
1970 $42,327,664,794 $5,693,005,200
1969 $37,171,640,819 -
1968 $33,930,457,425 -
1967 $31,086,389,195 -
1966 $28,283,323,733 -
1965 $22,465,522,884 -
1964 $20,963,733,695 -
1963 $23,287,712,878 -
1962 $19,231,747,852 -
1961 $17,275,940,449 -
1960 $17,030,465,539 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/brazil/cuba | CC BY

GDP per capita in Brazil vs Cuba by year

Brazil
GDP per capita

GDP per capita, PPP
Cuba
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brazil Cuba
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,713 - - -
2024 $10,311 $22,338 - -
2023 $10,378 $21,176 - -
2022 $9,281 $19,877 - -
2021 $7,973 $18,076 - -
2020 $7,074 $16,102 $9,605 -
2019 $9,030 $16,070 $9,232 -
2018 $9,301 $15,464 $8,911 -
2017 $10,081 $14,559 $8,611 -
2016 $8,836 $14,309 $8,111 $12,300
2015 $8,936 $14,821 $7,728 -
2014 $12,275 $15,827 $7,147 -
2013 $12,459 $15,722 $6,828 -
2012 $12,522 $15,198 $6,471 -
2011 $13,397 $15,212 $6,104 -
2010 $11,403 $14,452 $5,272 $10,200
2009 $8,679 $13,391 $5,089 $9,700
2008 $8,908 $13,445 $4,986 $9,500
2007 $7,410 $12,673 $4,807 $11,000
2006 $5,934 $11,751 $4,330 $4,000
2005 $4,828 $11,081 $3,786 $3,500
2004 $3,664 $10,526 $3,399 $3,000
2003 $3,091 $9,802 $3,203 $2,900
2002 $2,856 $9,617 $3,005 $2,300
2001 $3,176 $9,304 $2,843 -
2000 $3,767 $9,092 $2,751 $1,700
1999 $3,494 $8,635 $2,562 $1,700
1998 $5,106 $8,599 $2,332 -
1997 $5,299 $8,602 $2,306 -
1996 $5,179 $8,301 $2,282 -
1995 $4,757 $8,097 $2,785 -
1994 $3,299 $7,727 $2,613 -
1993 $2,349 $7,260 $2,063 -
1992 $2,127 $6,869 $2,048 -
1991 $2,258 $6,867 $2,269 -
1990 $2,581 $6,688 $2,694 -
1989 $2,819 - $2,566 -
1988 $2,141 - $2,632 -
1987 $2,006 - $2,440 -
1986 $1,854 - $2,365 -
1985 $1,556 - $2,257 -
1984 $1,420 - $2,386 -
1983 $1,461 - $2,222 -
1982 $2,138 - $2,114 -
1981 $2,080 - $2,046 -
1980 $1,959 - $2,031 -
1979 $1,870 - $2,006 -
1978 $1,733 - $1,837 -
1977 $1,562 - $1,472 -
1976 $1,390 - $1,441 -
1975 $1,201 - $1,374 -
1974 $1,045 - $1,217 -
1973 $815 - $1,079 -
1972 $583 - $892 -
1971 $500 - $770 -
1970 $444 - $645 -
1969 $399 - - -
1968 $374 - - -
1967 $351 - - -
1966 $328 - - -
1965 $268 - - -
1964 $257.3 - - -
1963 $294.2 - - -
1962 $250.2 - - -
1961 $231.6 - - -
1960 $235.3 - - -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08); Central Intelligence Agency (CIA) (1999–2016, retrieved 2026-07-08).

GeoRank.org/economy/brazil/cuba | CC BY

Brazil's GDP per capita is $10,713, ranking 85/197, compared to $9,605 in Cuba, ranking 91/197. Adjusted for purchasing power (GDP per capita PPP), Brazil ranks 88th at $22,338, while Cuba ranks 124th at $12,300.

Economic indicators

Brazil Cuba
Gross domestic product
$2.28T
2025
$107B
2020
GDP rank
11/197
2025
72/197
2020
GDP growth
2.29%
2024-2025
-1.06%
2023-2024
GDP per capita
$10,713
2025
$9,605
2020
GDP per capita rank
85/197
2025
91/197
2020
GDP per capita, PPP
$22,338
2024
$12,300
2016
GDP per capita PPP rank
88/197
2024
124/197
2016
Government debt
$2.13T
2025
n/a
Debt-to-GDP ratio
93.3%
2025
n/a
Government debt per person
$9,999
2025
n/a
Government debt per person rank
60/185
2025
n/a
Average annual personal income after taxes
$6,555
2026
$6,472
2026
Market capitalization of domestic companies
$871B
2025
n/a
Number of millionaires
386,000
2026
n/a
Number of billionaires
70
2026
n/a
Income share by richest 10%
39.3%
2024
n/a
Income share by poorest 10%
1.3%
2024
n/a
Government expenditure, % of GDP
47.4%
2025
49%
2026
Consumer prices inflation
5%
2024-2025
5.5%
2019-2020
Central bank interest rate
14.5%
2026
n/a
Unemployment rate
5.83%
2025
1.7%
2018
Population
213964342
10893750

Inflation comparison by year

Inflation
Brazil

Cuba
1x
Year Consumer prices inflation
Brazil Cuba
2025 5% -
2024 4.4% -
2023 4.6% -
2022 9.3% -
2021 8.3% -
2020 3.2% 5.5%
2019 3.7% 5.5%
2018 3.7% 5.5%
2017 3.4% -
2016 8.7% 4.5%
2015 9% 4.4%
2014 6.3% -
2013 6.2% 6%
2012 5.4% 5.5%
2011 6.6% 4.7%
2010 5% 0.7%
2009 4.9% -0.5%
2008 5.7% 3.4%
2007 3.6% 3.1%
2006 4.2% 5%
2005 6.9% 7%
2004 6.6% 3.1%
2003 14.7% 4.1%
2002 8.4% 7.1%
2001 6.8% -
2000 7% -
1999 4.9% 0.3%
1998 3.2% -
1997 6.9% -

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); Central Intelligence Agency (CIA) (1999–2020, retrieved 2026-07-08).

GeoRank.org/economy/brazil/cuba | CC BY

Over the past 22 years, Brazil has recorded an average annual inflation rate of 6.13%, compared with 4.16% in Cuba. In 2020, inflation was 5% in Brazil and 5.5% in Cuba.

Top exports between countries

Brazil
Export category Export value
Processed food, beverages & tobacco $140M
Animal & marine products $85.4M
Raw agricultural goods $28.2M
Metals $12.1M
Machinery & equipment $7.14M
Textiles & consumer goods $6.57M
Chemicals & pharma $3.57M
Wood & paper products $2.99M
Raw materials & minerals $284K
Precious metals & jewellery $147K
Cuba
Export category Export value
Processed food, beverages & tobacco $2.45M
Machinery & equipment $205K
Chemicals & pharma $63K
Raw materials & minerals $45K
Wood & paper products $38K
Animal & marine products $7K
Precious metals & jewellery $5K
Textiles & consumer goods $2K

Balance of trade

Brazil Cuba
Current account balance
-$66.7B
2025
n/a
Current account balance ranking
188/190
2025
n/a
Current account balance, % of GDP
-2.93%
2025
n/a
Goods imports
$291B
2025
n/a
Goods exports
$351B
2025
n/a
Service imports
$105B
2025
n/a
Service exports
$54.4B
2025
n/a
Imports of goods and services, % of GDP
17.5%
2025
82.4%
2024
Exports of goods and services, % of GDP
17.8%
2025
42.5%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Brazil Cuba
Economic freedom 52.4 25.2
Economic freedom ranking 148/197 195/197
Property rights 49.2 27.7
Government integrity 37.2 33
Judicial effectiveness 55.6 16
Tax burden 70.6 51.9
Government spending 39.8 0
Fiscal health 28 0
Business freedom 65.7 41.4
Labor freedom 57 20
Monetary freedom 76 20
Trade freedom 69 72.8
Investment freedom 40 10
Financial freedom 40 10

Economic freedom comparison by year

Brazil
Cuba
1x
Year Economic freedom index
Brazil Cuba
2026 52.4 25.2
2025 55.1 25.4
2024 53.2 25.7
2023 53.5 24.3
2022 53.3 29.5
2021 53.4 28.1
2020 53.7 26.9
2019 51.9 27.8
2018 51.4 31.9
2017 52.9 33.9
2016 56.5 29.8
2015 56.6 29.6
2014 56.9 28.7
2013 57.7 28.5
2012 57.9 28.3
2011 56.3 27.7
2010 55.6 26.7
2009 56.7 27.9
2008 56.2 27.5
2007 56.2 28.6
2006 60.9 29.3
2005 61.7 35.5
2004 62 34.4
2003 63.4 35.1
2002 61.5 32.4
2001 61.9 31.6
2000 61.1 31.3
1999 61.3 29.7
1998 52.3 28.2
1997 52.6 27.8
1996 48.1 27.8
1995 51.4 27.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/brazil/cuba | CC BY

The Economic Freedom Index for Brazil is 52.4, ranking 148/197, compared to 25.2 for Cuba, ranking 195/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Brazil Cuba
Services, % of GDP
59.7%
2025
73.4%
2024
Industry, % of GDP
20.1%
2025
23.8%
2024
Agriculture, forestry, and fishing, % of GDP
6.09%
2025
1.24%
2024
GNI, Atlas method
$2.25T
2025
$101B
2019
GNI per capita, PPP
$22,670
2025
n/a
Total reserves including gold
$359B
2025
$144M
1960
Total reserves ranking
13/177
2025
173/177
1960
Net foreign direct investment
-$47.5B
2025
n/a
Net inflows of foreign direct investment
$74.1B
2024
n/a
Net outflows of foreign direct investment
$26.3B
2024
$0
2024
Servicing debt to the IMF, % of GNI
5.4%
2024
n/a
Poverty at national poverty lines
4.2%
2020
n/a
Gross capital formation, % of GDP
17.1%
2025
9.87%
2020

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/brazil/cuba | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2026, retrieved 2026-07-08)
  2. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. Central Intelligence Agency (CIA) (1999–2020, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.