Cuba vs Palau: Economic Indicators Comparison

Cuba with a GDP of $100B ranked the 64th largest economy in the world, while Palau ranked 192nd with $284M. By GDP per capita, Cuba and Palau ranked 82nd vs 60th, respectively.

Gross Domestic Product & Income

StatCubaPalau
GDP$100B$284M
GDP growth, 1 year2.3%1.71%
GDP growth, 5-years average2%N/A
Population11.5M22k
GDP per capita$8.8k$16k
GDP per capita growth2.26%1.14%
Purchasing Power Parity conversion factor0.320.86
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.86
GDP per capita, PPP adjusted$14k$19k
GNI, Atlas method$84.8B$309.4M
GNI per capita$7.5k$17k
GNI, PPP adjustedN/A$349.4M
GNI per capita, PPP adjustedN/A$20k

Financial system and Human development

StatCubaPalau
Income Tax Rate50%N/A
Corporate Tax Rate30%N/A
Inflation, consumer prices6.9%1.3%
Inflation, GDP deflator1%-2.5%
Unemployment2.3%1.4%
Economic Freedom Index26.962
Personal Freedom Index5.46.4
Human Freedom Index5.26.4
Property Rights Index20.1N/A
Judical Effectiveness Index10N/A
Business Freedom Index20N/A
Fiscal Health Index14.8N/A
Labor Freedom Index20N/A
Investment Freedom Index10N/A
Financial Freedom Index10N/A
Trade Freedom Index65.6N/A
Monetary Freedom Index64.1N/A
Government Spending Index0N/A
Tax Burden Index49.5N/A
Government Integrity Index38.7N/A
Corruption Perceptions Index4749
Life expectancy at birth, years78.769.1
Suicide mortality rate, per 100,000 people13.921.7
Mortality caused by road traffic injury, per 100,000 people8.54.8
Intentional homicides, per 100,000 people53.1
International tourism, number of arrivals4.7M106k

Government debt & reserves

StatCubaPalau
Central government debt, % of GDP51%67.5%
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/AN/A
Gross savings, % of GDPN/A10.7%
Gross capital formation, % of GDP12%26.7%
Total reserves including gold$144MN/A
Foreign direct investment net inflowsN/A$21.5M

Exports, imports and economic structure

StatCubaPalau
Exports of goods and services, % of GDP14.5%47%
Imports of goods and services, % of GDP12.6%76.3%
Current account balance (balance of payments)N/A-$51.8M
Revenue excluding grants, % of GDPN/A27.3%
Grants excluding technical cooperation, BoP$510.6M$81.2M
Personal remittances receivedN/A$2.2M
Industry including construction value added, % of GDP25.1%8%
Agriculture, forestry and fishing value added, % of GDP3.8%3.2%
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/A41.4%
Government Expenditure, % of GDP64.8%N/A

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

Palau vs

CountryGDP
per capita
Population
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
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
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
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M