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Cuba vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Cuba ranked 64th with $100B. By GDP 5-years average growth and GDP per capita, South Africa and Cuba ranked 151st vs 130th and 95th vs 82nd, respectively.

Gross Domestic Product & Income

StatCubaSouth Africa
GDP$100B$368.3B
GDP growth, 1 year2.3%0.8%
GDP growth, 5-years average2%1.1%
Population11.3M57.7M
GDP per capita$8.8k$6.4k
GDP per capita growth2.26%-0.57%
Purchasing Power Parity conversion factor0.326.16
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.47
GDP per capita, PPP adjusted$14k$14k
GNI, Atlas method$84.8B$332.3B
GNI per capita$7.5k$5.8k
GNI, PPP adjustedN/A$765.8B
GNI per capita, PPP adjustedN/A$13k

Financial system and Human development

StatCubaSouth Africa
Income Tax Rate50%45%
Corporate Tax Rate30%28%
Inflation, consumer prices6.9%4.6%
Inflation, GDP deflator1%3.9%
Unemployment2.3%27%
Economic Freedom Index26.958.8
Personal Freedom Index5.46.92
Human Freedom Index5.26.78
Property Rights Index20.158.4
Judical Effectiveness Index1038
Business Freedom Index2062
Fiscal Health Index14.864
Labor Freedom Index2058.8
Investment Freedom Index1045
Financial Freedom Index1050
Trade Freedom Index65.675.8
Monetary Freedom Index64.175.9
Government Spending Index067.4
Tax Burden Index49.563.7
Government Integrity Index38.746.6
Corruption Perceptions Index4743
Life expectancy at birth, years78.763.5
Suicide mortality rate, per 100,000 people13.911.6
Mortality caused by road traffic injury, per 100,000 people8.525.9
Intentional homicides, per 100,000 people535.9
International tourism, number of arrivals4.7M10.5M

Government debt & reserves

StatCubaSouth Africa
Central government debt, % of GDP51%56.7%
External debt stocks, % of GNIN/A50.6%
External debt stocksN/A$179.3B
Short-term debt, % of total reservesN/A70.9%
Total debt service, % of exports and primary incomeN/A19.9%
Adjusted net savings including particulate emission damage, % of GNIN/A0.6%
Gross savings, % of GDPN/A14.9%
Gross capital formation, % of GDP12%17.9%
Total reserves including gold$144M$51.6B
Foreign direct investment net inflowsN/A$5.5B

Exports, imports and economic structure

StatCubaSouth Africa
Exports of goods and services, % of GDP14.5%29.9%
Imports of goods and services, % of GDP12.6%29.6%
Current account balance (balance of payments)N/A-$13.4B
Revenue excluding grants, % of GDPN/A30.9%
Grants excluding technical cooperation, BoP$510.6M$817.9M
Personal remittances receivedN/A$929M
Industry including construction value added, % of GDP25.1%25.9%
Agriculture, forestry and fishing value added, % of GDP3.8%2.2%
Charges for the use of intellectual property, payments BoPN/A$1.8B
Charges for the use of intellectual property, receipts BoPN/A$120.7M
Expense, % of GDPN/A34.4%
Government Expenditure, % of GDP64.8%33%

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
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k

South Africa vs

CountryGDP
per capita
Population
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M