Cuba vs the Marshall Islands: Economic Indicators Comparison

Cuba with a GDP of $100B ranked the 64th largest economy in the world, while the Marshall Islands ranked 193rd with $221.3M. By GDP per capita, Cuba and the Marshall Islands ranked 82nd vs 123rd, respectively.

Gross Domestic Product & Income

Stat	Cuba	Marshall Islands
GDP	$100B	$221.3M
GDP growth, 1 year	2.3%	3.62%
GDP growth, 5-years average	2%	N/A
Population	11.5M	53k
GDP per capita	$8.8k	$3.8k
GDP per capita growth	2.26%	2.99%
Purchasing Power Parity conversion factor	0.32	0.95
Price level ratio of PPP conversion factor GDP to market exchange rate	N/A	0.95
GDP per capita, PPP adjusted	$14k	$4k
GNI, Atlas method	$84.8B	$283.7M
GNI per capita	$7.5k	$4.9k
GNI, PPP adjusted	N/A	$297.6M
GNI per capita, PPP adjusted	N/A	$5.1k

Financial system and Human development

Stat	Cuba	Marshall Islands
Income Tax Rate	50%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	6.9%	N/A
Inflation, GDP deflator	1%	0.3%
Unemployment	2.3%	4.7%
Economic Freedom Index	26.9	58
Personal Freedom Index	5.4	6.2
Human Freedom Index	5.2	6.2
Property Rights Index	20.1	N/A
Judical Effectiveness Index	10	N/A
Business Freedom Index	20	N/A
Fiscal Health Index	14.8	N/A
Labor Freedom Index	20	N/A
Investment Freedom Index	10	N/A
Financial Freedom Index	10	N/A
Trade Freedom Index	65.6	N/A
Monetary Freedom Index	64.1	N/A
Government Spending Index	0	N/A
Tax Burden Index	49.5	N/A
Government Integrity Index	38.7	N/A
Corruption Perceptions Index	47	64
Life expectancy at birth, years	78.7	65.2
Suicide mortality rate, per 100,000 people	13.9	1
Mortality caused by road traffic injury, per 100,000 people	8.5	5.7
Intentional homicides, per 100,000 people	5	4
International tourism, number of arrivals	4.7M	6.8k

Government debt & reserves

Stat	Cuba	Marshall Islands
Central government debt, % of GDP	51%	48.9%
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	N/A	N/A
Gross savings, % of GDP	N/A	17.2%
Gross capital formation, % of GDP	12%	23.4%
Total reserves including gold	$144M	N/A
Foreign direct investment net inflows	N/A	$9.8M

Exports, imports and economic structure

Stat	Cuba	Marshall Islands
Exports of goods and services, % of GDP	14.5%	40.4%
Imports of goods and services, % of GDP	12.6%	85.3%
Current account balance (balance of payments)	N/A	$53M
Revenue excluding grants, % of GDP	N/A	32.2%
Grants excluding technical cooperation, BoP	$510.6M	$50.6M
Personal remittances received	N/A	$31.5M
Industry including construction value added, % of GDP	25.1%	12.8%
Agriculture, forestry and fishing value added, % of GDP	3.8%	15.2%
Charges for the use of intellectual property, payments BoP	N/A	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	N/A	57.9%
Government Expenditure, % of GDP	64.8%	N/A