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Economy of Cuba vs Mauritius compared: GDP & Debt

Updated on by Georank team

Cuba has a GDP of $107B compared to $14.9B for Mauritius, ranking 69/197 and 143/197 by economy size, respectively.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Cuba
GDP, current $

GDP, constant 2015 $
Mauritius
GDP, current $

GDP, constant 2015 $
Year GDP
Cuba Mauritius
Current $ Constant $ Current $ Constant $
1960 - - $162,089,564 $968,988,710
1961 - - $191,757,729 $1,190,393,861
1962 - - $197,738,208 $1,199,994,232
1963 - - $253,839,558 $1,366,727,738
1964 - - $218,914,569 $1,272,567,126
1965 - - $230,024,161 $1,313,250,841
1966 - - $227,534,083 $1,266,391,365
1967 - - $238,439,291 $1,321,911,601
1968 - - $206,576,631 $1,230,836,442
1969 - - $221,553,613 $1,291,553,246
1970 $5,693,005,200 $23,120,654,813 $224,125,805 $1,286,356,771
1971 $6,914,658,400 $25,105,299,225 $251,437,338 $1,341,330,044
1972 $8,135,150,892 $26,317,053,149 $318,664,900 $1,453,282,307
1973 $9,987,709,650 $27,220,909,322 $404,285,775 $1,627,410,035
1974 $11,405,957,317 $27,488,896,946 $669,894,030 $1,770,814,578
1975 $13,027,415,244 $30,093,861,943 $673,311,287 $1,786,859,757
1976 $13,789,579,903 $31,727,344,869 $713,510,052 $2,211,282,621
1977 $14,206,158,675 $34,490,638,879 $834,722,972 $2,356,068,983
1978 $17,844,705,325 $36,765,640,924 $1,029,040,323 $2,446,325,417
1979 $19,584,443,288 $37,165,718,489 $1,227,446,632 $2,532,351,080
1980 $19,912,889,861 $35,363,388,174 $1,147,027,924 $2,277,564,692
1981 $20,150,254,096 $42,325,850,269 $1,157,769,444 $2,411,539,084
1982 $20,953,510,235 $46,100,569,047 $1,092,923,636 $2,544,103,219
1983 $22,204,940,512 $48,595,287,844 $1,104,956,573 $2,553,867,368
1984 $24,039,383,608 $52,448,756,410 $1,054,564,759 $2,673,857,908
1985 $22,920,490,774 $53,286,192,381 $1,090,611,325 $2,859,810,700
1986 $24,226,574,634 $53,336,975,926 $1,482,601,552 $3,138,414,411
1987 $25,213,935,012 $52,055,729,738 $1,906,174,438 $3,417,452,086
1988 $27,458,999,472 $53,984,675,578 $2,163,252,449 $3,649,543,107
1989 $27,023,468,666 $54,351,816,305 $2,211,312,823 $3,812,500,631
1990 $28,645,436,569 $52,749,217,703 $2,689,212,760 $4,086,495,015
1991 $24,316,556,026 $47,108,903,627 $2,895,354,736 $4,267,749,306
1992 $22,085,858,243 $41,653,408,482 $3,267,677,814 $4,545,694,954
1993 $22,367,254,865 $35,456,139,102 $3,307,302,126 $4,776,710,033
1994 $28,448,326,757 $35,710,334,910 $3,606,050,873 $4,974,281,585
1995 $30,429,803,651 $36,587,809,679 $4,094,741,652 $5,187,565,675
1996 $25,017,368,700 $39,455,836,485 $4,481,489,762 $5,477,438,749
1997 $25,365,908,100 $40,554,060,118 $4,243,755,308 $5,788,966,841
1998 $25,736,331,200 $40,618,600,304 $4,225,813,976 $6,140,469,444
1999 $28,364,615,200 $43,132,386,084 $4,402,193,195 $6,300,792,947
2000 $30,565,400,000 $45,683,563,279 $4,726,108,622 $6,817,633,871
2001 $31,682,400,000 $47,138,598,430 $4,675,755,867 $7,045,856,941
2002 $33,590,500,000 $47,810,239,203 $4,906,494,249 $7,159,641,800
2003 $35,901,200,000 $49,623,557,376 $5,894,873,920 $7,583,882,472
2004 $38,203,000,000 $52,487,103,646 $6,667,418,752 $7,912,266,089
2005 $42,643,836,100 $58,366,528,663 $6,576,108,447 $8,052,910,022
2006 $48,835,925,926 $65,408,954,115 $7,137,710,413 $8,444,727,952
2007 $54,262,870,370 $70,159,041,951 $8,277,442,915 $8,928,358,886
2008 $56,302,129,630 $73,047,369,064 $10,127,777,060 $9,409,326,235
2009 $57,481,481,481 $74,107,509,498 $9,264,513,545 $9,721,252,645
2010 $59,562,962,963 $75,878,940,053 $10,144,716,155 $10,146,771,629
2011 $68,990,000,000 $78,005,296,225 $11,677,718,382 $10,560,510,104
2012 $73,141,000,000 $80,357,078,126 $11,832,323,837 $10,929,718,038
2013 $77,148,000,000 $82,564,971,264 $12,434,596,541 $11,297,000,949
2014 $80,656,100,000 $83,429,902,609 $13,230,490,082 $11,729,333,766
2015 $87,132,800,000 $87,132,800,000 $12,162,211,503 $12,162,211,503
2016 $91,370,407,900 $87,579,654,549 $12,757,680,847 $12,631,973,063
2017 $96,850,649,700 $89,164,663,941 $13,896,938,315 $13,129,418,116
2018 $100,050,036,100 $91,169,039,693 $14,957,535,716 $13,655,479,839
2019 $103,427,600,000 $91,020,354,637 $14,645,235,205 $14,050,298,678
2020 $107,352,000,000 $81,054,139,247 $11,566,111,138 $12,006,466,621
2021 - $82,070,953,176 $11,622,048,697 $12,415,142,571
2022 - $83,527,427,216 $12,936,444,123 $13,494,399,202
2023 - $81,915,873,064 $14,072,212,290 $14,170,187,785
2024 - $81,046,145,427 $14,937,861,786 $14,868,086,969

Economic indicators

Cuba Mauritius
Gross domestic product
$107B
2020
$14.9B
2024
GDP rank
69/197
2020
143/197
2024
GDP growth
3.79%
2019-2020
6.15%
2023-2024
GDP per capita
$9,605
2020
$11,991
2024
GDP per capita rank
86/197
2020
78/197
2024
GDP per capita, PPP
$12,300
2016
$31,840
2024
Government debt n/a
$13.6B
2024
Debt-to-GDP ratio n/a
91.3%
2026
Government debt per person n/a
$10,955
2024
Government debt per person rank n/a
52/185
2024
Average annual personal income after taxes
$3,584
2026
$7,323
2026
Market capitalization of domestic companies n/a
$9.12B
2024
Income share by richest 10% n/a
29.9%
2017
Income share by poorest 10% n/a
2.9%
2017
Government expenditure, % of GDP
49%
2025
30.8%
2026
Consumer prices inflation
5.5%
2019-2020
3.6%
2023-2024
Central bank interest rate n/a
4.5%
2025
Unemployment rate
1.7%
2018
5.57%
2023
Population
10892659
1239793

GDP per capita in Cuba vs Mauritius

Cuba's GDP per capita is $9,605, ranking 86/197, compared to $11,991 in Mauritius, ranking 78/197. Adjusted for purchasing power (GDP per capita PPP), Cuba ranks 124th at $12,300, while Mauritius ranks 71st at $31,840.

Cuba
GDP per capita

GDP per capita, PPP
Mauritius
GDP per capita

GDP per capita, PPP
Year Current $
Cuba Mauritius
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $238.3 -
1961 - - $281.7 -
1962 - - $282.3 -
1963 - - $353 -
1964 - - $297.3 -
1965 - - $305 -
1966 - - $296 -
1967 - - $304 -
1968 - - $258.7 -
1969 - - $272.7 -
1970 $645 - $271.3 -
1971 $770 - $299.6 -
1972 $892 - $374 -
1973 $1,079 - $467 -
1974 $1,217 - $763 -
1975 $1,374 - $755 -
1976 $1,441 - $787 -
1977 $1,472 - $906 -
1978 $1,837 - $1,102 -
1979 $2,006 - $1,292 -
1980 $2,031 - $1,187 -
1981 $2,046 - $1,181 -
1982 $2,114 - $1,101 -
1983 $2,222 - $1,103 -
1984 $2,386 - $1,042 -
1985 $2,257 - $1,069 -
1986 $2,365 - $1,442 -
1987 $2,440 - $1,840 -
1988 $2,632 - $2,074 -
1989 $2,566 - $2,103 -
1990 $2,694 - $2,540 $5,010
1991 $2,269 - $2,705 $5,351
1992 $2,048 - $3,013 $5,753
1993 $2,063 - $3,014 $6,116
1994 $2,613 - $3,240 $6,414
1995 $2,785 - $3,648 $6,771
1996 $2,282 - $3,952 $7,206
1997 $2,306 - $3,696 $7,651
1998 $2,332 - $3,642 $8,121
1999 $2,562 $1,700 $3,746 $8,344
2000 $2,751 $1,700 $3,982 $9,143
2001 $2,843 - $3,909 $9,586
2002 $3,005 $2,300 $4,073 $9,824
2003 $3,203 $2,900 $4,858 $10,535
2004 $3,399 $3,000 $5,461 $11,216
2005 $3,786 $3,500 $5,354 $11,703
2006 $4,330 $4,000 $5,784 $12,593
2007 $4,807 $11,000 $6,677 $13,612
2008 $4,986 $9,500 $8,141 $14,569
2009 $5,089 $9,700 $7,427 $15,105
2010 $5,272 $10,200 $8,113 $15,920
2011 $6,104 - $9,324 $16,884
2012 $6,471 - $9,422 $17,259
2013 $6,828 - $9,877 $18,435
2014 $7,147 - $10,490 $19,294
2015 $7,728 - $9,631 $20,270
2016 $8,111 $12,300 $10,095 $21,952
2017 $8,611 - $10,987 $22,898
2018 $8,911 - $11,819 $23,416
2019 $9,232 - $11,568 $24,375
2020 $9,605 - $9,136 $21,622
2021 - - $9,178 $23,010
2022 - - $10,247 $26,874
2023 - - $11,270 $29,561
2024 - - $11,991 $31,840

Inflation comparison by year

Over the past 22 years, Cuba has recorded an average annual inflation rate of 4.16%, compared with 4.49% in Mauritius. In 2020, inflation was 5.5% in Cuba and 3.6% in Mauritius.

Inflation
Cuba

Mauritius
Year Inflation
Cuba Mauritius
1997 - 6.83%
1998 - 6.81%
1999 0.3% 6.91%
2000 - 4.2%
2001 - 5.39%
2002 7.1% 6.42%
2003 4.1% 3.92%
2004 3.1% 4.71%
2005 7% 4.94%
2006 5% 8.91%
2007 3.1% 8.83%
2008 3.4% 9.73%
2009 -0.5% 2.52%
2010 0.7% 2.93%
2011 4.7% 6.52%
2012 5.5% 3.85%
2013 6% 3.54%
2014 - 3.22%
2015 4.4% 1.29%
2016 4.5% 0.98%
2017 - 3.67%
2018 5.5% 3.22%
2019 5.5% 0.41%
2020 5.5% 2.58%
2021 - 4.03%
2022 - 10.8%
2023 - 7.05%
2024 - 3.6%

Top exports between countries

Cuba
Export category Export value
Mauritius
Export category Export value
Processed food, beverages & tobacco $5K

Balance of trade

Cuba Mauritius
Current account balance
n/a
-$1.05B
2024
Current account balance ranking n/a
126/190
2024
Current account balance, % of GDP n/a
-7.03%
2024
Goods imports n/a
$6.35B
2024
Goods exports n/a
$2.37B
2024
Service imports n/a
$2.28B
2024
Service exports n/a
$4.19B
2024
Imports of goods and services, % of GDP
82.4%
2024
78.3%
2024
Exports of goods and services, % of GDP
42.5%
2024
67.1%
2024

Economic freedom indices

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

Cuba Mauritius
Economic freedom 25.4 75
Economic freedom ranking 195/197 18/197
Property rights 29.9 86.4
Government integrity 33.4 53.2
Judicial effectiveness 14.3 81
Tax burden 51.9 89.8
Government spending 0 77.1
Fiscal health 0 64.9
Business freedom 42.3 82.9
Labor freedom 20 69.3
Monetary freedom 20 67.4
Trade freedom 72.8 87.4
Investment freedom 10 70
Financial freedom 10 70

Economic freedom by year comparison

The Economic Freedom Index for Cuba is 25.4, ranking 195/197, compared to 75 for Mauritius, ranking 18/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Cuba
Mauritius
Year Economic freedom index
Cuba Mauritius
1995 27.8 -
1996 27.8 -
1997 27.8 -
1998 28.2 -
1999 29.7 68.5
2000 31.3 67.2
2001 31.6 66.4
2002 32.4 67.7
2003 35.1 64.4
2004 34.4 64.3
2005 35.5 67.2
2006 29.3 67.4
2007 28.6 69.4
2008 27.5 72.6
2009 27.9 74.3
2010 26.7 76.3
2011 27.7 76.2
2012 28.3 77
2013 28.5 76.9
2014 28.7 76.5
2015 29.6 76.4
2016 29.8 74.7
2017 33.9 74.7
2018 31.9 75.1
2019 27.8 73
2020 26.9 74.9
2021 28.1 77
2022 29.5 70.9
2023 24.3 70.6
2024 25.7 71.5
2025 25.4 75

More economic indicators

Cuba Mauritius
Services, % of GDP
73.4%
2024
64.4%
2024
Industry, % of GDP
23.8%
2024
17.8%
2024
Agriculture, forestry, and fishing, % of GDP
1.24%
2024
4.23%
2024
GNI, Atlas method
$101B
2019
$16.2B
2024
GNI per capita, PPP n/a
$35,100
2024
Total reserves including gold
$144M
1960
$8.51B
2024
Total reserves ranking
173/177
1960
83/177
2024
Net foreign direct investment
n/a
$963M
2024
Net inflows of foreign direct investment
n/a
$681M
2024
Net outflows of foreign direct investment
$0
2024
$38.3M
2024
Servicing debt to the IMF, % of GNI
n/a
10.1%
2024
Poverty at national poverty lines n/a
8.4%
2023
Gross capital formation, % of GDP
9.87%
2020
21.2%
2024

GDP per capita map

GDP per capita

Compare countries by 7 more topics

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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.