Cuba vs Oman: Economic Indicators Comparison

Cuba with a GDP of $100B ranked the 64th largest economy in the world, while Oman ranked 69th with $79.3B. By GDP 5-years average growth and GDP per capita, Cuba and Oman ranked 130th vs 114th and 82nd vs 56th, respectively.

Gross Domestic Product & Income

StatCubaOman
GDP$100B$79.3B
GDP growth, 1 year2.3%2.1%
GDP growth, 5-years average2%2.4%
Population11.5M4.8M
GDP per capita$8.8k$16k
GDP per capita growth2.26%-1.68%
Purchasing Power Parity conversion factor0.320.15
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.39
GDP per capita, PPP adjusted$14k$47k
GNI, Atlas method$84.8B$73.1B
GNI per capita$7.5k$15k
GNI, PPP adjustedN/A$201.3B
GNI per capita, PPP adjustedN/A$42k

Financial system and Human development

StatCubaOman
Income Tax Rate50%0%
Corporate Tax Rate30%12%
Inflation, consumer prices6.9%0.9%
Inflation, GDP deflator1%10.3%
Unemployment2.3%3.1%
Economic Freedom Index26.963.6
Personal Freedom Index5.45.55
Human Freedom Index5.26.3
Property Rights Index20.166.4
Judical Effectiveness Index1066.2
Business Freedom Index2074.6
Fiscal Health Index14.814.8
Labor Freedom Index2056.9
Investment Freedom Index1065
Financial Freedom Index1060
Trade Freedom Index65.681.6
Monetary Freedom Index64.178.4
Government Spending Index036.2
Tax Burden Index49.598.4
Government Integrity Index38.764.6
Corruption Perceptions Index4752
Life expectancy at birth, years78.777.4
Suicide mortality rate, per 100,000 people13.93.9
Mortality caused by road traffic injury, per 100,000 people8.516.1
Intentional homicides, per 100,000 people50.5
International tourism, number of arrivals4.7M2.3M

Government debt & reserves

StatCubaOman
Central government debt, % of GDP51%50.9%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/A-11.3%
Gross savings, % of GDPN/A23.9%
Gross capital formation, % of GDP12%23.2%
Total reserves including gold$144M$17.4B
Foreign direct investment net inflowsN/A$6.3B

Exports, imports and economic structure

StatCubaOman
Exports of goods and services, % of GDP14.5%58.3%
Imports of goods and services, % of GDP12.6%44.5%
Current account balance (balance of payments)N/A-$4.3B
Revenue excluding grants, % of GDPN/AN/A
Grants excluding technical cooperation, BoP$510.6M$17M
Personal remittances receivedN/A$39M
Industry including construction value added, % of GDP25.1%46.8%
Agriculture, forestry and fishing value added, % of GDP3.8%2.2%
Charges for the use of intellectual property, payments BoPN/AN/A
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDPN/AN/A
Government Expenditure, % of GDP64.8%46.1%

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

Oman vs

CountryGDP
per capita
Population
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k