Burkina Faso vs Cuba: Economic Indicators Comparison

Cuba with a GDP of $100B ranked the 64th largest economy in the world, while Burkina Faso ranked 129th with $14.1B. By GDP 5-years average growth and GDP per capita, Cuba and Burkina Faso ranked 130th vs 28th and 82nd vs 184th, respectively.

Gross Domestic Product & Income

Stat	Burkina Faso	Cuba
GDP	$14.1B	$100B
GDP growth, 1 year	6%	2.3%
GDP growth, 5-years average	5.3%	2%
Population	19.2M	11.5M
GDP per capita	$715	$8.8k
GDP per capita growth	3.81%	2.26%
Purchasing Power Parity conversion factor	200.22	0.32
Price level ratio of PPP conversion factor GDP to market exchange rate	0.36	N/A
GDP per capita, PPP adjusted	$2k	$14k
GNI, Atlas method	$13.3B	$84.8B
GNI per capita	$670	$7.5k
GNI, PPP adjusted	$38.9B	N/A
GNI per capita, PPP adjusted	$2k	N/A

Financial system and Human development

Stat	Burkina Faso	Cuba
Income Tax Rate	27.5%	50%
Corporate Tax Rate	28%	30%
Inflation, consumer prices	2%	6.9%
Inflation, GDP deflator	2.4%	1%
Unemployment	6.1%	2.3%
Economic Freedom Index	56.7	26.9
Personal Freedom Index	7.63	5.4
Human Freedom Index	6.84	5.2
Property Rights Index	46.9	20.1
Judical Effectiveness Index	42.6	10
Business Freedom Index	47.6	20
Fiscal Health Index	49.2	14.8
Labor Freedom Index	52.1	20
Investment Freedom Index	65	10
Financial Freedom Index	40	10
Trade Freedom Index	61.8	65.6
Monetary Freedom Index	82.4	64.1
Government Spending Index	77	0
Tax Burden Index	81.3	49.5
Government Integrity Index	34.1	38.7
Corruption Perceptions Index	41	47
Life expectancy at birth, years	60.8	78.7
Suicide mortality rate, per 100,000 people	7.7	13.9
Mortality caused by road traffic injury, per 100,000 people	30.5	8.5
Intentional homicides, per 100,000 people	1.3	5
International tourism, number of arrivals	144k	4.7M

Government debt & reserves

Stat	Burkina Faso	Cuba
Central government debt, % of GDP	43%	51%
External debt stocks, % of GNI	23.4%	N/A
External debt stocks	$3.3B	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	3.5%	N/A
Adjusted net savings including particulate emission damage, % of GNI	-9%	N/A
Gross savings, % of GDP	19.1%	N/A
Gross capital formation, % of GDP	24.7%	12%
Total reserves including gold	N/A	$144M
Foreign direct investment net inflows	$480M	N/A

Exports, imports and economic structure

Stat	Burkina Faso	Cuba
Exports of goods and services, % of GDP	30.8%	14.5%
Imports of goods and services, % of GDP	37.2%	12.6%
Current account balance (balance of payments)	-$894.1M	N/A
Revenue excluding grants, % of GDP	18.9%	N/A
Grants excluding technical cooperation, BoP	$720.7M	$510.6M
Personal remittances received	$455.7M	N/A
Industry including construction value added, % of GDP	19.5%	25.1%
Agriculture, forestry and fishing value added, % of GDP	28%	3.8%
Charges for the use of intellectual property, payments BoP	$438k	N/A
Charges for the use of intellectual property, receipts BoP	$725k	N/A
Expense, % of GDP	19.5%	N/A
Government Expenditure, % of GDP	27.7%	64.8%