Skip to content

Economy of Cuba vs Indonesia compared: GDP & Debt

Updated on by Georank

Cuba has a GDP of $107B compared to $1.45T for Indonesia, ranking 72/197 and 17/197 by economy size, respectively.

Cuba vs Indonesia GDP by year

Cuba
Indonesia
1x
Year GDP, current $
Cuba Indonesia
2025 - $1,445,642,584,164
2024 - $1,396,301,788,462
2023 - $1,371,166,925,750
2022 - $1,319,101,183,380
2021 - $1,186,509,691,087
2020 $107,352,000,000 $1,059,054,842,698
2019 $103,427,600,000 $1,119,099,871,350
2018 $100,050,036,100 $1,042,271,532,989
2017 $96,850,649,700 $1,015,618,744,160
2016 $91,370,407,900 $931,877,364,038
2015 $87,132,800,000 $860,854,232,686
2014 $80,656,100,000 $890,814,755,534
2013 $77,148,000,000 $912,524,136,718
2012 $73,141,000,000 $917,869,913,333
2011 $68,990,000,000 $892,969,104,563
2010 $59,562,962,963 $755,094,157,622
2009 $57,481,481,481 $539,580,085,612
2008 $56,302,129,630 $510,228,634,992
2007 $54,262,870,370 $432,216,737,775
2006 $48,835,925,926 $364,570,515,618
2005 $42,643,836,100 $285,868,619,196
2004 $38,203,000,000 $256,836,875,295
2003 $35,901,200,000 $234,772,463,824
2002 $33,590,500,000 $195,660,611,165
2001 $31,682,400,000 $160,446,947,785
2000 $30,565,400,000 $165,021,012,078
1999 $28,364,615,200 $140,001,351,215
1998 $25,736,331,200 $95,445,547,873
1997 $25,365,908,100 $215,748,998,610
1996 $25,017,368,700 $227,369,679,375
1995 $30,429,803,651 $202,132,028,723
1994 $28,448,326,757 $176,892,143,932
1993 $22,367,254,865 $158,006,700,302
1992 $22,085,858,243 $128,026,966,580
1991 $24,316,556,026 $116,621,996,217
1990 $28,645,436,569 $106,140,727,334
1989 $27,023,468,666 $94,451,427,877
1988 $27,458,999,472 $84,300,174,486
1987 $25,213,935,012 $75,929,617,558
1986 $24,226,574,634 $79,954,072,545
1985 $22,920,490,774 $85,289,488,375
1984 $24,039,383,608 $84,853,700,028
1983 $22,204,940,512 $81,052,283,384
1982 $20,953,510,235 $90,158,449,295
1981 $20,150,254,096 $85,518,233,419
1980 $19,912,889,861 $72,482,337,397
1979 $19,584,443,288 $51,400,186,343
1978 $17,844,705,325 $51,455,719,076
1977 $14,206,158,675 $45,808,915,663
1976 $13,789,579,903 $37,269,156,627
1975 $13,027,415,244 $30,463,855,422
1974 $11,405,957,317 $25,802,409,639
1973 $9,987,709,650 $16,273,253,012
1972 $8,135,150,892 $10,997,590,361
1971 $6,914,658,400 $9,333,536,370
1970 $5,693,005,200 $9,150,684,932
1969 - $8,337,423,313
1968 - $7,076,465,300
1967 - $5,667,756,628

Data sources: World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08).

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

GDP per capita in Cuba vs Indonesia by year

Cuba
GDP per capita

GDP per capita, PPP
Indonesia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cuba Indonesia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $5,060 -
2024 - - $4,925 $16,448
2023 - - $4,876 $15,416
2022 - - $4,731 $14,285
2021 - - $4,287 $12,757
2020 $9,605 - $3,854 $11,729
2019 $9,232 - $4,107 $11,986
2018 $8,911 - $3,861 $11,372
2017 $8,611 - $3,799 $10,688
2016 $8,111 $12,300 $3,521 $10,263
2015 $7,728 - $3,288 $10,028
2014 $7,147 - $3,441 $10,065
2013 $6,828 - $3,567 $9,866
2012 $6,471 - $3,632 $9,530
2011 $6,104 - $3,579 $8,937
2010 $5,272 $10,200 $3,066 $8,353
2009 $5,089 $9,700 $2,218 $7,868
2008 $4,986 $9,500 $2,125 $7,569
2007 $4,807 $11,000 $1,823 $7,096
2006 $4,330 $4,000 $1,558 $6,583
2005 $3,786 $3,500 $1,238 $6,134
2004 $3,399 $3,000 $1,127 $5,700
2003 $3,203 $2,900 $1,043 $5,353
2002 $3,005 $2,300 $881 $5,076
2001 $2,843 - $732 $4,849
2000 $2,751 $1,700 $764 $4,639
1999 $2,562 $1,700 $657 $4,386
1998 $2,332 - $455 $4,356
1997 $2,306 - $1,045 $5,037
1996 $2,282 - $1,119 $4,807
1995 $2,785 - $1,011 $4,451
1994 $2,613 - $900 $4,096
1993 $2,063 - $817 $3,793
1992 $2,048 - $674 $3,538
1991 $2,269 - $624 $3,305
1990 $2,694 - $578 $3,044
1989 $2,566 - $524 -
1988 $2,632 - $477 -
1987 $2,440 - $438 -
1986 $2,365 - $470 -
1985 $2,257 - $511 -
1984 $2,386 - $520 -
1983 $2,222 - $508 -
1982 $2,114 - $578 -
1981 $2,046 - $561 -
1980 $2,031 - $487 -
1979 $2,006 - $353 -
1978 $1,837 - $362 -
1977 $1,472 - $331 -
1976 $1,441 - $275.7 -
1975 $1,374 - $231.1 -
1974 $1,217 - $200.7 -
1973 $1,079 - $129.9 -
1972 $892 - $90.1 -
1971 $770 - $78.5 -
1970 $645 - $79.1 -
1969 - - $74.1 -
1968 - - $64.7 -
1967 - - $53.2 -

Data sources: World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08); Central Intelligence Agency (CIA) (1999–2016, retrieved 2026-07-08).

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

Cuba's GDP per capita is $9,605, ranking 91/197, compared to $5,060 in Indonesia, ranking 123/197. Adjusted for purchasing power (GDP per capita PPP), Cuba ranks 124th at $12,300, while Indonesia ranks 107th at $16,448.

Economic indicators

Cuba Indonesia
Gross domestic product
$107B
2020
$1.45T
2025
GDP rank
72/197
2020
17/197
2025
GDP growth
-1.06%
2023-2024
5.11%
2024-2025
GDP per capita
$9,605
2020
$5,060
2025
GDP per capita rank
91/197
2020
123/197
2025
GDP per capita, PPP
$12,300
2016
$16,448
2024
GDP per capita PPP rank
124/197
2016
107/197
2024
Government debt n/a
$593B
2025
Debt-to-GDP ratio n/a
41%
2025
Government debt per person n/a
$2,076
2025
Government debt per person rank n/a
119/185
2025
Average annual personal income after taxes
$6,472
2026
$3,470
2026
Market capitalization of domestic companies n/a
$950B
2025
Number of millionaires n/a
178,605
2024
Number of billionaires n/a
33
2026
Income share by richest 10% n/a
28.7%
2025
Income share by poorest 10% n/a
3.5%
2025
Government expenditure, % of GDP
49%
2026
16.2%
2025
Consumer prices inflation
5.5%
2019-2020
1.91%
2024-2025
Central bank interest rate n/a
5.5%
2026
Unemployment rate
1.7%
2018
3.31%
2023
Population
10893750
289027659

Inflation comparison by year

Inflation
Cuba

Indonesia
1x
Year Consumer prices inflation
Cuba Indonesia
2025 - 1.91%
2024 - 2.18%
2023 - 3.67%
2022 - 4.21%
2021 - 1.56%
2020 5.5% 1.92%
2019 5.5% 3.03%
2018 5.5% 3.2%
2017 - 3.81%
2016 4.5% 3.53%
2015 4.4% 6.36%
2014 - 6.39%
2013 6% 6.41%
2012 5.5% 4.28%
2011 4.7% 5.36%
2010 0.7% 5.13%
2009 -0.5% 4.39%
2008 3.4% 10.2%
2007 3.1% 6.41%
2006 5% 13.1%
2005 7% 10.5%
2004 3.1% 6.06%
2003 4.1% 6.76%
2002 7.1% 11.9%
2001 - 11.5%
2000 - 3.69%
1999 0.3% 20.5%
1998 - 58.5%
1997 - 6.23%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); Central Intelligence Agency (CIA) (1999–2020, retrieved 2026-07-08).

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

Over the past 22 years, Cuba has recorded an average annual inflation rate of 4.16%, compared with 7.02% in Indonesia. In 2020, inflation was 5.5% in Cuba and 1.91% in Indonesia.

Top exports between countries

Cuba
Export category Export value
Processed food, beverages & tobacco $48K
Machinery & equipment $29K
Animal & marine products $11K
Indonesia
Export category Export value
Chemicals & pharma $2.82M
Machinery & equipment $1.04M
Processed food, beverages & tobacco $711K
Textiles & consumer goods $389K
Metals $133K
Raw materials & minerals $125K
Miscellaneous $1K

Balance of trade

Cuba Indonesia
Current account balance n/a
-$1.52B
2025
Current account balance ranking n/a
129/190
2025
Current account balance, % of GDP n/a
-0.11%
2025
Goods imports n/a
$231B
2025
Goods exports n/a
$280B
2025
Service imports n/a
$63B
2025
Service exports n/a
$42.5B
2025
Imports of goods and services, % of GDP
82.4%
2024
20.5%
2025
Exports of goods and services, % of GDP
42.5%
2024
22.8%
2025

Economic freedom indices

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

Cuba Indonesia
Economic freedom 25.2 65.1
Economic freedom ranking 195/197 67/197
Property rights 27.7 39.7
Government integrity 33 42
Judicial effectiveness 16 43.1
Tax burden 51.9 81.5
Government spending 0 91.4
Fiscal health 0 89.8
Business freedom 41.4 69.2
Labor freedom 20 56.8
Monetary freedom 20 79.4
Trade freedom 72.8 78.6
Investment freedom 10 50
Financial freedom 10 60

Economic freedom comparison by year

Cuba
Indonesia
1x
Year Economic freedom index
Cuba Indonesia
2026 25.2 65.1
2025 25.4 65.2
2024 25.7 63.5
2023 24.3 63.5
2022 29.5 64.4
2021 28.1 66.9
2020 26.9 67.2
2019 27.8 65.8
2018 31.9 64.2
2017 33.9 61.9
2016 29.8 59.4
2015 29.6 58.1
2014 28.7 58.5
2013 28.5 56.9
2012 28.3 56.4
2011 27.7 56
2010 26.7 55.5
2009 27.9 53.4
2008 27.5 53.2
2007 28.6 53.2
2006 29.3 51.9
2005 35.5 52.9
2004 34.4 52.1
2003 35.1 55.8
2002 32.4 54.8
2001 31.6 52.5
2000 31.3 55.2
1999 29.7 61.5
1998 28.2 63.4
1997 27.8 62
1996 27.8 61
1995 27.8 54.9

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

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

The Economic Freedom Index for Cuba is 25.2, ranking 195/197, compared to 65.1 for Indonesia, ranking 67/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cuba Indonesia
Services, % of GDP
73.4%
2024
43.9%
2025
Industry, % of GDP
23.8%
2024
38.7%
2025
Agriculture, forestry, and fishing, % of GDP
1.24%
2024
13.1%
2025
GNI, Atlas method
$101B
2019
$1.46T
2025
GNI per capita, PPP n/a
$17,190
2025
Total reserves including gold
$144M
1960
$157B
2025
Total reserves ranking
173/177
1960
22/177
2025
Net foreign direct investment n/a
-$14.4B
2025
Net inflows of foreign direct investment n/a
$24.3B
2024
Net outflows of foreign direct investment
$0
2024
$8.39B
2024
Servicing debt to the IMF, % of GNI n/a
5.64%
2024
Poverty at national poverty lines n/a
9%
2024
Gross capital formation, % of GDP
9.87%
2020
30.6%
2025

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/cuba/indonesia | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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. TradeMap (2020–2025, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Fiscal Monitor (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.