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Economy of Cuba vs Niger compared: GDP & Debt

Updated on by Georank

Cuba has a GDP of $107B compared to $21.6B for Niger, ranking 72/197 and 129/197 by economy size, respectively.

Cuba vs Niger GDP by year

Cuba
Niger
1x
Year GDP, current $
Cuba Niger
2025 - $21,646,191,388
2024 - $19,729,786,047
2023 - $16,949,765,464
2022 - $15,531,799,641
2021 - $14,936,154,253
2020 $107,352,000,000 $13,648,332,190
2019 $103,427,600,000 $12,420,836,507
2018 $100,050,036,100 $12,800,907,986
2017 $96,850,649,700 $11,359,273,443
2016 $91,370,407,900 $10,341,025,540
2015 $87,132,800,000 $9,683,867,926
2014 $80,656,100,000 $10,862,943,544
2013 $77,148,000,000 $10,224,897,438
2012 $73,141,000,000 $9,426,912,648
2011 $68,990,000,000 $8,772,950,778
2010 $59,562,962,963 $7,851,192,502
2009 $57,481,481,481 $7,352,131,310
2008 $56,302,129,630 $7,297,600,226
2007 $54,262,870,370 $5,731,485,052
2006 $48,835,925,926 $4,756,361,252
2005 $42,643,836,100 $4,383,315,965
2004 $38,203,000,000 $3,760,443,738
2003 $35,901,200,000 $3,394,084,732
2002 $33,590,500,000 $2,782,192,879
2001 $31,682,400,000 $2,448,714,704
2000 $30,565,400,000 $2,241,753,193
1999 $28,364,615,200 $2,537,789,821
1998 $25,736,331,200 $2,643,363,519
1997 $25,365,908,100 $2,290,318,910
1996 $25,017,368,700 $2,405,686,940
1995 $30,429,803,651 $2,302,537,562
1994 $28,448,326,757 $1,938,058,175
1993 $22,367,254,865 $3,052,673,849
1992 $22,085,858,243 $3,386,232,579
1991 $24,316,556,026 $3,285,796,875
1990 $28,645,436,569 $3,512,356,508
1989 $27,023,468,666 $2,179,567,114
1988 $27,458,999,472 $2,280,356,193
1987 $25,213,935,012 $2,233,006,105
1986 $24,226,574,634 $1,904,096,998
1985 $22,920,490,774 $1,440,581,652
1984 $24,039,383,608 $1,461,243,326
1983 $22,204,940,512 $1,803,099,561
1982 $20,953,510,235 $2,017,612,216
1981 $20,150,254,096 $2,170,893,414
1980 $19,912,889,861 $2,508,524,721
1979 $19,584,443,288 $2,109,277,666
1978 $17,844,705,325 $1,774,365,590
1977 $14,206,158,675 $1,291,458,041
1976 $13,789,579,903 $1,064,517,601
1975 $13,027,415,244 $1,048,690,933
1974 $11,405,957,317 $1,026,137,111
1973 $9,987,709,650 $946,385,105
1972 $8,135,150,892 $742,779,661
1971 $6,914,658,400 $693,573,704
1970 $5,693,005,200 $649,916,621
1969 - $625,867,985
1968 - $641,214,226
1967 - $665,586,872
1966 - $702,296,079
1965 - $673,383,511
1964 - $582,816,396
1963 - $586,294,879
1962 - $531,736,599
1961 - $485,785,231
1960 - $449,526,873

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Cuba vs Niger by year

Cuba
GDP per capita

GDP per capita, PPP
Niger
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cuba Niger
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $775 -
2024 - - $730 $2,050
2023 - - $648 $1,875
2022 - - $614 $1,840
2021 - - $610 $1,586
2020 $9,605 - $575 $1,497
2019 $9,232 - $541 $1,419
2018 $8,911 - $577 $1,276
2017 $8,611 - $530 $1,208
2016 $8,111 $12,300 $500 $1,189
2015 $7,728 - $486 $1,172
2014 $7,147 - $565 $1,161
2013 $6,828 - $552 $1,138
2012 $6,471 - $529 $1,162
2011 $6,104 - $511 $1,064
2010 $5,272 $10,200 $474 $1,058
2009 $5,089 $9,700 $461 $999
2008 $4,986 $9,500 $475 $1,010
2007 $4,807 $11,000 $387 $955
2006 $4,330 $4,000 $333 $935
2005 $3,786 $3,500 $319 $888
2004 $3,399 $3,000 $283.5 $832
2003 $3,203 $2,900 $265.2 $837
2002 $3,005 $2,300 $225.3 $832
2001 $2,843 - $205.4 $809
2000 $2,751 $1,700 $194.8 $764
1999 $2,562 $1,700 $228.3 $783
1998 $2,332 - $246.1 $801
1997 $2,306 - $220.6 $745
1996 $2,282 - $239.5 $746
1995 $2,785 - $237 $757
1994 $2,613 - $206.2 $748
1993 $2,063 - $335 $742
1992 $2,048 - $384 $746
1991 $2,269 - $384 $738
1990 $2,694 - $424 $739
1989 $2,566 - $271.3 -
1988 $2,632 - $292.6 -
1987 $2,440 - $295.3 -
1986 $2,365 - $259.6 -
1985 $2,257 - $202.4 -
1984 $2,386 - $211.5 -
1983 $2,222 - $268.8 -
1982 $2,114 - $310 -
1981 $2,046 - $343 -
1980 $2,031 - $409 -
1979 $2,006 - $354 -
1978 $1,837 - $307 -
1977 $1,472 - $229.8 -
1976 $1,441 - $194.8 -
1975 $1,374 - $197.2 -
1974 $1,217 - $198.3 -
1973 $1,079 - $187.9 -
1972 $892 - $151.4 -
1971 $770 - $145.2 -
1970 $645 - $139.8 -
1969 - - $138.3 -
1968 - - $145.6 -
1967 - - $155.4 -
1966 - - $168.6 -
1965 - - $166.3 -
1964 - - $148.1 -
1963 - - $153.3 -
1962 - - $143.2 -
1961 - - $134.6 -
1960 - - $128.3 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08); Central Intelligence Agency (CIA) (1999–2016, retrieved 2026-07-08).

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

Cuba's GDP per capita is $9,605, ranking 91/197, compared to $775 in Niger, ranking 188/197. Adjusted for purchasing power (GDP per capita PPP), Cuba ranks 124th at $12,300, while Niger ranks 186th at $2,050.

Economic indicators

Cuba Niger
Gross domestic product
$107B
2020
$21.6B
2025
GDP rank
72/197
2020
129/197
2025
GDP growth
-1.06%
2023-2024
7.01%
2024-2025
GDP per capita
$9,605
2020
$775
2025
GDP per capita rank
91/197
2020
188/197
2025
GDP per capita, PPP
$12,300
2016
$2,050
2024
GDP per capita PPP rank
124/197
2016
186/197
2024
Government debt n/a
$9.82B
2025
Debt-to-GDP ratio n/a
45.4%
2025
Government debt per person n/a
$352
2025
Government debt per person rank n/a
175/185
2025
Average annual personal income after taxes
$6,472
2026
$1,418
2026
Income share by richest 10% n/a
27.8%
2021
Income share by poorest 10% n/a
3.8%
2021
Government expenditure, % of GDP
49%
2026
14.8%
2025
Consumer prices inflation
5.5%
2019-2020
-4.45%
2024-2025
Unemployment rate
1.7%
2018
0.4%
2022
Population
10893750
29294628

Inflation comparison by year

Inflation
Cuba

Niger
1x
Year Consumer prices inflation
Cuba Niger
2025 - -4.45%
2024 - 9.07%
2023 - 3.7%
2022 - 4.23%
2021 - 3.84%
2020 5.5% 2.9%
2019 5.5% -2.49%
2018 5.5% 2.97%
2017 - 2.8%
2016 4.5% 1.65%
2015 4.4% -0.58%
2014 - -0.93%
2013 6% 2.3%
2012 5.5% 0.46%
2011 4.7% 2.94%
2010 0.7% 0.8%
2009 -0.5% 0.58%
2008 3.4% 11.3%
2007 3.1% 0.05%
2006 5% 0.04%
2005 7% 7.8%
2004 3.1% 0.26%
2003 4.1% -1.61%
2002 7.1% 2.63%
2001 - 4.01%
2000 - 2.9%
1999 0.3% -2.3%
1998 - 4.55%
1997 - 2.93%

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/niger | CC BY

Over the past 22 years, Cuba has recorded an average annual inflation rate of 4.16%, compared with 1.75% in Niger. In 2020, inflation was 5.5% in Cuba and -4.45% in Niger.

Top exports between countries

Cuba
Export category Export value
Chemicals & pharma $1.64M
Niger
Export category Export value
Machinery & equipment $386K

Balance of trade

Cuba Niger
Current account balance n/a
-$1.2B
2024
Current account balance ranking n/a
123/190
2024
Current account balance, % of GDP n/a
-6.09%
2024
Goods imports n/a
$2B
2024
Goods exports n/a
$1.52B
2024
Service imports n/a
$1.03B
2024
Service exports n/a
$248M
2024
Imports of goods and services, % of GDP
82.4%
2024
18.1%
2025
Exports of goods and services, % of GDP
42.5%
2024
15.8%
2025

Economic freedom indices

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

Cuba Niger
Economic freedom 25.2 51
Economic freedom ranking 195/197 156/197
Property rights 27.7 16.6
Government integrity 33 33.9
Judicial effectiveness 16 28
Tax burden 51.9 78.2
Government spending 0 91.4
Fiscal health 0 47.6
Business freedom 41.4 32.4
Labor freedom 20 54.7
Monetary freedom 20 67.9
Trade freedom 72.8 65.8
Investment freedom 10 55
Financial freedom 10 40

Economic freedom comparison by year

Cuba
Niger
1x
Year Economic freedom index
Cuba Niger
2026 25.2 51
2025 25.4 51.5
2024 25.7 52.3
2023 24.3 53.7
2022 29.5 54.9
2021 28.1 57.3
2020 26.9 54.7
2019 27.8 51.6
2018 31.9 49.5
2017 33.9 50.8
2016 29.8 54.3
2015 29.6 54.6
2014 28.7 55.1
2013 28.5 53.9
2012 28.3 54.3
2011 27.7 54.3
2010 26.7 52.9
2009 27.9 53.8
2008 27.5 52.9
2007 28.6 53.2
2006 29.3 52.5
2005 35.5 54.1
2004 34.4 54.6
2003 35.1 54.2
2002 32.4 48.2
2001 31.6 48.9
2000 31.3 45.9
1999 29.7 48.6
1998 28.2 47.5
1997 27.8 46.6
1996 27.8 45.8
1995 27.8 -

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

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

The Economic Freedom Index for Cuba is 25.2, ranking 195/197, compared to 51 for Niger, ranking 156/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cuba Niger
Services, % of GDP
73.4%
2024
31.1%
2025
Industry, % of GDP
23.8%
2024
18.7%
2025
Agriculture, forestry, and fishing, % of GDP
1.24%
2024
47.6%
2025
GNI, Atlas method
$101B
2019
$20.9B
2025
GNI per capita, PPP n/a
$2,150
2025
Total reserves including gold
$144M
1960
n/a
Total reserves ranking
173/177
1960
n/a
Net foreign direct investment n/a
-$337M
2024
Net inflows of foreign direct investment n/a
$358M
2024
Net outflows of foreign direct investment
$0
2024
$20.7M
2024
Servicing debt to the IMF, % of GNI n/a
1.96%
2024
Poverty at national poverty lines n/a
41.2%
2021
Gross capital formation, % of GDP
9.87%
2020
22%
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/niger | CC BY

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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. International Monetary Fund (IMF) | Fiscal Monitor (2025, retrieved 2026-07-08)
  6. TradeMap (2021–2024, 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.