Cuba vs Mongolia: Economic Indicators Comparison

Cuba with a GDP of $100B ranked the 64th largest economy in the world, while Mongolia ranked 134th with $13.1B. By GDP 5-years average growth and GDP per capita, Cuba and Mongolia ranked 130th vs 39th and 82nd vs 118th, respectively.

Gross Domestic Product & Income

StatCubaMongolia
GDP$100B$13.1B
GDP growth, 1 year2.3%6.9%
GDP growth, 5-years average2%4.7%
Population11.5M3.1M
GDP per capita$8.8k$4.1k
GDP per capita growth2.26%5.32%
Purchasing Power Parity conversion factor0.32738.48
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.3
GDP per capita, PPP adjusted$14k$13k
GNI, Atlas method$84.8B$11.6B
GNI per capita$7.5k$3.7k
GNI, PPP adjustedN/A$39.6B
GNI per capita, PPP adjustedN/A$13k

Financial system and Human development

StatCubaMongolia
Income Tax Rate50%10%
Corporate Tax Rate30%25%
Inflation, consumer prices6.9%7.7%
Inflation, GDP deflator1%8.1%
Unemployment2.3%6.3%
Economic Freedom Index26.955.9
Personal Freedom Index5.47.63
Human Freedom Index5.27.17
Property Rights Index20.150.3
Judical Effectiveness Index1023
Business Freedom Index2063.6
Fiscal Health Index14.89.3
Labor Freedom Index2075.7
Investment Freedom Index1050
Financial Freedom Index1060
Trade Freedom Index65.674
Monetary Freedom Index64.174.2
Government Spending Index066.6
Tax Burden Index49.587.4
Government Integrity Index38.736.9
Corruption Perceptions Index4737
Life expectancy at birth, years78.769.5
Suicide mortality rate, per 100,000 people13.913
Mortality caused by road traffic injury, per 100,000 people8.516.5
Intentional homicides, per 100,000 people56.2
International tourism, number of arrivals4.7M529k

Government debt & reserves

StatCubaMongolia
Central government debt, % of GDP51%73.3%
External debt stocks, % of GNIN/A253.9%
External debt stocksN/A$29.4B
Short-term debt, % of total reservesN/A87.3%
Total debt service, % of exports and primary incomeN/A101.6%
Adjusted net savings including particulate emission damage, % of GNIN/A-10.3%
Gross savings, % of GDPN/A30.3%
Gross capital formation, % of GDP12%43.1%
Total reserves including gold$144M$3.5B
Foreign direct investment net inflowsN/A$2B

Exports, imports and economic structure

StatCubaMongolia
Exports of goods and services, % of GDP14.5%58.7%
Imports of goods and services, % of GDP12.6%64.2%
Current account balance (balance of payments)N/A-$1.9B
Revenue excluding grants, % of GDPN/A24.9%
Grants excluding technical cooperation, BoP$510.6M$115.6M
Personal remittances receivedN/A$440.6M
Industry including construction value added, % of GDP25.1%38.7%
Agriculture, forestry and fishing value added, % of GDP3.8%10.8%
Charges for the use of intellectual property, payments BoPN/A$16.1M
Charges for the use of intellectual property, receipts BoPN/A$1.4M
Expense, % of GDPN/A23.8%
Government Expenditure, % of GDP64.8%33.4%

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

Mongolia vs

CountryGDP
per capita
Population
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k