Cuba vs the Czech Republic: Economic Indicators Comparison

The Czech Republic with a GDP of $245.2B ranked the 46th largest economy in the world, while Cuba ranked 64th with $100B. By GDP 5-years average growth and GDP per capita, the Czech Republic and Cuba ranked 64th vs 130th and 43rd vs 82nd, respectively.

Gross Domestic Product & Income

StatCubaCzech Republic
GDP$100B$245.2B
GDP growth, 1 year2.3%2.9%
GDP growth, 5-years average2%3.5%
Population11.5M10.7M
GDP per capita$8.8k$23k
GDP per capita growth2.26%2.65%
Purchasing Power Parity conversion factor0.3212.62
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.58
GDP per capita, PPP adjusted$14k$37k
GNI, Atlas method$84.8B$215B
GNI per capita$7.5k$20k
GNI, PPP adjustedN/A$398.8B
GNI per capita, PPP adjustedN/A$38k

Financial system and Human development

StatCubaCzech Republic
Income Tax Rate50%15%
Corporate Tax Rate30%19%
Inflation, consumer prices6.9%2.2%
Inflation, GDP deflator1%2.5%
Unemployment2.3%2.4%
Economic Freedom Index26.974.8
Personal Freedom Index5.49.13
Human Freedom Index5.28.3
Property Rights Index20.176.8
Judical Effectiveness Index1049.9
Business Freedom Index2069.7
Fiscal Health Index14.897.8
Labor Freedom Index2077.6
Investment Freedom Index1080
Financial Freedom Index1080
Trade Freedom Index65.686.4
Monetary Freedom Index64.180.8
Government Spending Index052.7
Tax Burden Index49.582
Government Integrity Index38.764.2
Corruption Perceptions Index4759
Life expectancy at birth, years78.779.5
Suicide mortality rate, per 100,000 people13.913.1
Mortality caused by road traffic injury, per 100,000 people8.55.9
Intentional homicides, per 100,000 people50.6
International tourism, number of arrivals4.7M10.6M

Government debt & reserves

StatCubaCzech Republic
Central government debt, % of GDP51%33%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/A10.3%
Gross savings, % of GDPN/A26.2%
Gross capital formation, % of GDP12%26.2%
Total reserves including gold$144M$142.5B
Foreign direct investment net inflowsN/A$8.5B

Exports, imports and economic structure

StatCubaCzech Republic
Exports of goods and services, % of GDP14.5%78.4%
Imports of goods and services, % of GDP12.6%72%
Current account balance (balance of payments)N/A$860M
Revenue excluding grants, % of GDPN/A31.8%
Grants excluding technical cooperation, BoP$510.6M$243M
Personal remittances receivedN/A$3.9B
Industry including construction value added, % of GDP25.1%32.2%
Agriculture, forestry and fishing value added, % of GDP3.8%2%
Charges for the use of intellectual property, payments BoPN/A$1.5B
Charges for the use of intellectual property, receipts BoPN/A$495.7M
Expense, % of GDPN/A32.1%
Government Expenditure, % of GDP64.8%39.7%

Compare with countries close by GDP per capita

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

Czech Republic vs

CountryGDP
per capita
Population
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M