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Economy of Cuba vs South Sudan compared: GDP & Debt

Updated on by Georank team

Cuba has a GDP of $107B compared to $12B for South Sudan, ranking 69/197 and 149/197 by economy size, respectively.

Cuba vs South Sudan GDP by year

Cuba
South Sudan
1x
Year GDP, current $
Cuba South Sudan
2020 $107,352,000,000 -
2019 $103,427,600,000 -
2018 $100,050,036,100 -
2017 $96,850,649,700 -
2016 $91,370,407,900 -
2015 $87,132,800,000 $11,997,800,760
2014 $80,656,100,000 $13,962,212,847
2013 $77,148,000,000 $18,426,469,017
2012 $73,141,000,000 $11,931,472,169
2011 $68,990,000,000 $14,907,308,933
2010 $59,562,962,963 $14,602,072,411
2009 $57,481,481,481 $12,231,264,525
2008 $56,302,129,630 $14,586,253,383
2007 $54,262,870,370 -
2006 $48,835,925,926 -
2005 $42,643,836,100 -
2004 $38,203,000,000 -
2003 $35,901,200,000 -
2002 $33,590,500,000 -
2001 $31,682,400,000 -
2000 $30,565,400,000 -
1999 $28,364,615,200 -
1998 $25,736,331,200 -
1997 $25,365,908,100 -
1996 $25,017,368,700 -
1995 $30,429,803,651 -
1994 $28,448,326,757 -
1993 $22,367,254,865 -
1992 $22,085,858,243 -
1991 $24,316,556,026 -
1990 $28,645,436,569 -
1989 $27,023,468,666 -
1988 $27,458,999,472 -
1987 $25,213,935,012 -
1986 $24,226,574,634 -
1985 $22,920,490,774 -
1984 $24,039,383,608 -
1983 $22,204,940,512 -
1982 $20,953,510,235 -
1981 $20,150,254,096 -
1980 $19,912,889,861 -
1979 $19,584,443,288 -
1978 $17,844,705,325 -
1977 $14,206,158,675 -
1976 $13,789,579,903 -
1975 $13,027,415,244 -
1974 $11,405,957,317 -
1973 $9,987,709,650 -
1972 $8,135,150,892 -
1971 $6,914,658,400 -
1970 $5,693,005,200 -

Data sources: World Bank | Economy & Growth (1970–2020, retrieved 2026-04-06).

GeoRank.org/economy/cuba/south-sudan | CC BY

GDP per capita in Cuba vs South Sudan by year

Cuba
GDP per capita

GDP per capita, PPP
South Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cuba South Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2020 $9,605 - - -
2019 $9,232 - - -
2018 $8,911 - - -
2017 $8,611 - - -
2016 $8,111 $12,300 - -
2015 $7,728 - $1,080 $1,155
2014 $7,147 - $1,243 $1,373
2013 $6,828 - $1,650 $1,917
2012 $6,471 - $1,109 $1,417
2011 $6,104 - $1,449 $2,718
2010 $5,272 $10,200 $1,498 $2,948
2009 $5,089 $9,700 $1,323 $2,911
2008 $4,986 $9,500 $1,654 $2,887
2007 $4,807 $11,000 - -
2006 $4,330 $4,000 - -
2005 $3,786 $3,500 - -
2004 $3,399 $3,000 - -
2003 $3,203 $2,900 - -
2002 $3,005 $2,300 - -
2001 $2,843 - - -
2000 $2,751 $1,700 - -
1999 $2,562 $1,700 - -
1998 $2,332 - - -
1997 $2,306 - - -
1996 $2,282 - - -
1995 $2,785 - - -
1994 $2,613 - - -
1993 $2,063 - - -
1992 $2,048 - - -
1991 $2,269 - - -
1990 $2,694 - - -
1989 $2,566 - - -
1988 $2,632 - - -
1987 $2,440 - - -
1986 $2,365 - - -
1985 $2,257 - - -
1984 $2,386 - - -
1983 $2,222 - - -
1982 $2,114 - - -
1981 $2,046 - - -
1980 $2,031 - - -
1979 $2,006 - - -
1978 $1,837 - - -
1977 $1,472 - - -
1976 $1,441 - - -
1975 $1,374 - - -
1974 $1,217 - - -
1973 $1,079 - - -
1972 $892 - - -
1971 $770 - - -
1970 $645 - - -

Data sources: World Bank | Economy & Growth (1970–2020, retrieved 2026-04-06); Central Intelligence Agency (CIA) (1999–2016, retrieved 2026-02-20).

GeoRank.org/economy/cuba/south-sudan | CC BY

Cuba's GDP per capita is $9,605, ranking 86/197, compared to $1,080 in South Sudan, ranking 175/197. Adjusted for purchasing power (GDP per capita PPP), Cuba ranks 124th at $12,300, while South Sudan ranks 197th at $1,155.

Economic indicators

Cuba South Sudan
Gross domestic product
$107B
2020
$12B
2015
GDP rank
69/197
2020
149/197
2015
GDP growth
-1.06%
2023-2024
-10.8%
2014-2015
GDP per capita
$9,605
2020
$1,080
2015
GDP per capita rank
86/197
2020
175/197
2015
GDP per capita, PPP
$12,300
2016
$1,155
2015
GDP per capita PPP rank
124/197
2016
197/197
2015
Government debt n/a
$7.04B
2015
Debt-to-GDP ratio n/a
50.7%
2024
Government debt per person n/a
$633
2015
Government debt per person rank n/a
158/185
2015
Average annual personal income after taxes
$3,075
2026
$1,305
2026
Income share by richest 10% n/a
33%
2016
Income share by poorest 10% n/a
1.8%
2016
Government expenditure, % of GDP
49%
2025
18.1%
2024
Consumer prices inflation
5.5%
2019-2020
91.4%
2023-2024
Central bank interest rate n/a
15%
2023
Unemployment rate
1.7%
2018
12.3%
2008
Population
10894785
12507858

Inflation comparison by year

Inflation
Cuba

South Sudan
1x
Year Consumer prices inflation
Cuba South Sudan
2024 - 91.4%
2023 - 2.38%
2022 - -6.69%
2021 - 10.5%
2020 5.5% 29.7%
2019 5.5% 87.2%
2018 5.5% 83.5%
2017 - 187.9%
2016 4.5% 380%
2015 4.4% 52.8%
2014 - 1.67%
2013 6% -0.06%
2012 5.5% 45.5%
2011 4.7% 46.9%
2010 0.7% 1.17%
2009 -0.5% 5.01%
2008 3.4% -
2007 3.1% -
2006 5% -
2005 7% -
2004 3.1% -
2003 4.1% -
2002 7.1% -
2001 - -
2000 - -
1999 0.3% -

Data sources: Central Intelligence Agency (CIA) (1999–2020, retrieved 2026-02-20); World Bank | Economy & Growth (2009–2024, retrieved 2026-04-06).

GeoRank.org/economy/cuba/south-sudan | CC BY

Over the past 12 years, Cuba has recorded an average annual inflation rate of 4.18%, compared with 76.8% in South Sudan. In 2020, inflation was 5.5% in Cuba and 91.4% in South Sudan.

Balance of trade

Cuba South Sudan
Current account balance n/a
$578M
2023
Current account balance ranking n/a
60/190
2023
Current account balance, % of GDP n/a
-4.17%
2015
Goods imports n/a
$2.25B
2023
Goods exports n/a
$4.01B
2023
Service imports n/a
$2.19B
2023
Service exports n/a
$484M
2023
Imports of goods and services, % of GDP
82.4%
2024
28.9%
2015
Exports of goods and services, % of GDP
42.5%
2024
36.7%
2015

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Cuba South Sudan
Economic freedom 25.2 41
Economic freedom ranking 195/197 186/197
Property rights 27.7 n/a
Government integrity 33 n/a
Judicial effectiveness 16 n/a
Tax burden 51.9 n/a
Government spending 0 n/a
Fiscal health 0 n/a
Business freedom 41.4 n/a
Labor freedom 20 n/a
Monetary freedom 20 n/a
Trade freedom 72.8 n/a
Investment freedom 10 n/a
Financial freedom 10 n/a

Other economic metrics

Cuba South Sudan
Services, % of GDP
73.4%
2024
56.6%
2015
Industry, % of GDP
23.8%
2024
33.1%
2015
Agriculture, forestry, and fishing, % of GDP
1.24%
2024
10.4%
2015
GNI, Atlas method
$101B
2019
$11.7B
2015
GNI per capita, PPP n/a
$1,010
2015
Total reserves including gold
$144M
1960
$72.9M
2023
Total reserves ranking
173/177
1960
175/177
2023
Net foreign direct investment n/a
$2.21M
2019
Net inflows of foreign direct investment n/a
$83.4M
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Poverty at national poverty lines n/a
66%
2020
Gross capital formation, % of GDP
9.87%
2020
5.75%
2015

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/cuba/south-sudan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-04-06)
  2. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  3. Central Intelligence Agency (CIA) (1999–2020, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. International Monetary Fund (IMF) | Fiscal Monitor (2015–2024, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.