Cuba vs Saint Kitts and Nevis: Economic Indicators Comparison

Cuba with a GDP of $100B ranked the 64th largest economy in the world, while Saint Kitts and Nevis ranked 185th with $1B. By GDP per capita, Cuba and Saint Kitts and Nevis ranked 82nd vs 48th, respectively.

Gross Domestic Product & Income

Stat	Cuba	Saint Kitts and Nevis
GDP	$100B	$1B
GDP growth, 1 year	2.3%	2.92%
GDP growth, 5-years average	2%	N/A
Population	11.5M	55k
GDP per capita	$8.8k	$19k
GDP per capita growth	2.26%	2.15%
Purchasing Power Parity conversion factor	0.32	1.72
Price level ratio of PPP conversion factor GDP to market exchange rate	N/A	0.64
GDP per capita, PPP adjusted	$14k	$30k
GNI, Atlas method	$84.8B	$961.5M
GNI per capita	$7.5k	$18k
GNI, PPP adjusted	N/A	$1.5B
GNI per capita, PPP adjusted	N/A	$29k

Financial system and Human development

Stat	Cuba	Saint Kitts and Nevis
Income Tax Rate	50%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	6.9%	-1%
Inflation, GDP deflator	1%	-1.5%
Unemployment	2.3%	5.1%
Economic Freedom Index	26.9	62
Personal Freedom Index	5.4	6.2
Human Freedom Index	5.2	6.2
Property Rights Index	20.1	N/A
Judical Effectiveness Index	10	N/A
Business Freedom Index	20	N/A
Fiscal Health Index	14.8	N/A
Labor Freedom Index	20	N/A
Investment Freedom Index	10	N/A
Financial Freedom Index	10	N/A
Trade Freedom Index	65.6	N/A
Monetary Freedom Index	64.1	N/A
Government Spending Index	0	N/A
Tax Burden Index	49.5	N/A
Government Integrity Index	38.7	N/A
Corruption Perceptions Index	47	60
Life expectancy at birth, years	78.7	71.3
Suicide mortality rate, per 100,000 people	13.9	1
Mortality caused by road traffic injury, per 100,000 people	8.5	2
Intentional homicides, per 100,000 people	5	34.2
International tourism, number of arrivals	4.7M	125k

Government debt & reserves

Stat	Cuba	Saint Kitts and Nevis
Central government debt, % of GDP	51%	59.9%
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	N/A	N/A
Gross savings, % of GDP	N/A	N/A
Gross capital formation, % of GDP	12%	N/A
Total reserves including gold	$144M	$363.2M
Foreign direct investment net inflows	N/A	$93.6M

Exports, imports and economic structure

Stat	Cuba	Saint Kitts and Nevis
Exports of goods and services, % of GDP	14.5%	59.9%
Imports of goods and services, % of GDP	12.6%	58.8%
Current account balance (balance of payments)	N/A	-$72.4M
Revenue excluding grants, % of GDP	N/A	27.9%
Grants excluding technical cooperation, BoP	$510.6M	$15.6M
Personal remittances received	N/A	$25.9M
Industry including construction value added, % of GDP	25.1%	25.7%
Agriculture, forestry and fishing value added, % of GDP	3.8%	1.2%
Charges for the use of intellectual property, payments BoP	N/A	$1.8M
Charges for the use of intellectual property, receipts BoP	N/A	$100k
Expense, % of GDP	N/A	24.3%
Government Expenditure, % of GDP	64.8%	N/A