Cuba vs Russia: Economic Indicators Comparison

Russia with a GDP of $1.7T ranked the 11th largest economy in the world, while Cuba ranked 64th with $100B. By GDP 5-years average growth and GDP per capita, Russia and Cuba ranked 162nd vs 130th and 68th vs 82nd, respectively.

Gross Domestic Product & Income

StatCubaRussia
GDP$100B$1.7T
GDP growth, 1 year2.3%2.3%
GDP growth, 5-years average2%0.5%
Population11.5M146.8M
GDP per capita$8.8k$11k
GDP per capita growth2.26%2.26%
Purchasing Power Parity conversion factor0.3225.64
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.41
GDP per capita, PPP adjusted$14k$29k
GNI, Atlas method$84.8B$1.5T
GNI per capita$7.5k$10k
GNI, PPP adjustedN/A$3.9T
GNI per capita, PPP adjustedN/A$26k

Financial system and Human development

StatCubaRussia
Income Tax Rate50%13%
Corporate Tax Rate30%20%
Inflation, consumer prices6.9%2.9%
Inflation, GDP deflator1%10.3%
Unemployment2.3%4.7%
Economic Freedom Index26.961
Personal Freedom Index5.46.56
Human Freedom Index5.26.49
Property Rights Index20.156.8
Judical Effectiveness Index1044.4
Business Freedom Index2080.2
Fiscal Health Index14.898.7
Labor Freedom Index2052.1
Investment Freedom Index1030
Financial Freedom Index1030
Trade Freedom Index65.677.8
Monetary Freedom Index64.168.2
Government Spending Index063.8
Tax Burden Index49.588.5
Government Integrity Index38.741.3
Corruption Perceptions Index4728
Life expectancy at birth, years78.772.1
Suicide mortality rate, per 100,000 people13.931
Mortality caused by road traffic injury, per 100,000 people8.518
Intentional homicides, per 100,000 people59.2
International tourism, number of arrivals4.7M24.6M

Government debt & reserves

StatCubaRussia
Central government debt, % of GDP51%14%
External debt stocks, % of GNIN/A28.1%
External debt stocksN/A$453.9B
Short-term debt, % of total reservesN/A10.3%
Total debt service, % of exports and primary incomeN/A19.6%
Adjusted net savings including particulate emission damage, % of GNIN/A8%
Gross savings, % of GDPN/A30.2%
Gross capital formation, % of GDP12%22.7%
Total reserves including gold$144M$468.6B
Foreign direct investment net inflowsN/A$8.8B

Exports, imports and economic structure

StatCubaRussia
Exports of goods and services, % of GDP14.5%30.7%
Imports of goods and services, % of GDP12.6%20.8%
Current account balance (balance of payments)N/A$113.5B
Revenue excluding grants, % of GDPN/A27.5%
Grants excluding technical cooperation, BoP$510.6M$658.1M
Personal remittances receivedN/A$8.6B
Industry including construction value added, % of GDP25.1%32.1%
Agriculture, forestry and fishing value added, % of GDP3.8%3.1%
Charges for the use of intellectual property, payments BoPN/A$6.3B
Charges for the use of intellectual property, receipts BoPN/A$876.1M
Expense, % of GDPN/A28.9%
Government Expenditure, % of GDP64.8%34.7%

Compare with countries close by GDP per capita

Cuba vs

CountryGDP
per capita
Population
Malaysia
$11k
31.6M
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
Fiji
$6.3k
906k

Russia vs

CountryGDP
per capita
Population
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
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
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