Cuba has a GDP of $107B compared to $12B for South Sudan, ranking 69/197 and 150/197 by economy size, respectively.
The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.
| Year | GDP | |||
|---|---|---|---|---|
Cuba
|
South Sudan
|
|||
| Current $ | Constant $ | Current $ | Constant $ | |
| 1970 | $5,693,005,200 | $23,120,654,813 | - | - |
| 1971 | $6,914,658,400 | $25,105,299,225 | - | - |
| 1972 | $8,135,150,892 | $26,317,053,149 | - | - |
| 1973 | $9,987,709,650 | $27,220,909,322 | - | - |
| 1974 | $11,405,957,317 | $27,488,896,946 | - | - |
| 1975 | $13,027,415,244 | $30,093,861,943 | - | - |
| 1976 | $13,789,579,903 | $31,727,344,869 | - | - |
| 1977 | $14,206,158,675 | $34,490,638,879 | - | - |
| 1978 | $17,844,705,325 | $36,765,640,924 | - | - |
| 1979 | $19,584,443,288 | $37,165,718,489 | - | - |
| 1980 | $19,912,889,861 | $35,363,388,174 | - | - |
| 1981 | $20,150,254,096 | $42,325,850,269 | - | - |
| 1982 | $20,953,510,235 | $46,100,569,047 | - | - |
| 1983 | $22,204,940,512 | $48,595,287,844 | - | - |
| 1984 | $24,039,383,608 | $52,448,756,410 | - | - |
| 1985 | $22,920,490,774 | $53,286,192,381 | - | - |
| 1986 | $24,226,574,634 | $53,336,975,926 | - | - |
| 1987 | $25,213,935,012 | $52,055,729,738 | - | - |
| 1988 | $27,458,999,472 | $53,984,675,578 | - | - |
| 1989 | $27,023,468,666 | $54,351,816,305 | - | - |
| 1990 | $28,645,436,569 | $52,749,217,703 | - | - |
| 1991 | $24,316,556,026 | $47,108,903,627 | - | - |
| 1992 | $22,085,858,243 | $41,653,408,482 | - | - |
| 1993 | $22,367,254,865 | $35,456,139,102 | - | - |
| 1994 | $28,448,326,757 | $35,710,334,910 | - | - |
| 1995 | $30,429,803,651 | $36,587,809,679 | - | - |
| 1996 | $25,017,368,700 | $39,455,836,485 | - | - |
| 1997 | $25,365,908,100 | $40,554,060,118 | - | - |
| 1998 | $25,736,331,200 | $40,618,600,304 | - | - |
| 1999 | $28,364,615,200 | $43,132,386,084 | - | - |
| 2000 | $30,565,400,000 | $45,683,563,279 | - | - |
| 2001 | $31,682,400,000 | $47,138,598,430 | - | - |
| 2002 | $33,590,500,000 | $47,810,239,203 | - | - |
| 2003 | $35,901,200,000 | $49,623,557,376 | - | - |
| 2004 | $38,203,000,000 | $52,487,103,646 | - | - |
| 2005 | $42,643,836,100 | $58,366,528,663 | - | - |
| 2006 | $48,835,925,926 | $65,408,954,115 | - | - |
| 2007 | $54,262,870,370 | $70,159,041,951 | - | - |
| 2008 | $56,302,129,630 | $73,047,369,064 | $14,586,253,383 | $20,185,217,786 |
| 2009 | $57,481,481,481 | $74,107,509,498 | $12,231,264,525 | $21,202,884,179 |
| 2010 | $59,562,962,963 | $75,878,940,053 | $14,602,072,411 | $22,367,646,895 |
| 2011 | $68,990,000,000 | $78,005,296,225 | $14,907,308,933 | $21,329,717,233 |
| 2012 | $73,141,000,000 | $80,357,078,126 | $11,931,472,169 | $11,500,530,835 |
| 2013 | $77,148,000,000 | $82,564,971,264 | $18,426,469,017 | $13,010,519,614 |
| 2014 | $80,656,100,000 | $83,429,902,609 | $13,962,212,847 | $13,449,448,811 |
| 2015 | $87,132,800,000 | $87,132,800,000 | $11,997,800,760 | $11,997,800,760 |
| 2016 | $91,370,407,864 | $87,579,654,549 | - | - |
| 2017 | $96,850,649,692 | $89,164,663,931 | - | - |
| 2018 | $100,050,036,096 | $91,169,039,693 | - | - |
| 2019 | $103,427,600,000 | $91,020,354,637 | - | - |
| 2020 | $107,351,800,000 | $81,054,459,000 | - | - |
| 2021 | - | $82,070,633,423 | - | - |
| 2022 | - | $83,527,427,216 | - | - |
| 2023 | - | $81,915,873,064 | - | - |
Economic indicators
|
Cuba
|
South Sudan
|
|
|---|---|---|
| Gross domestic product |
$107B
2020 |
$12B
2015 |
| GDP rank |
69/197
2020 |
150/197
2015 |
| GDP growth |
3.79%
2019-2020 |
-14.1%
2014-2015 |
| GDP per capita |
$9,605
2020 |
$1,080
2015 |
| GDP per capita rank |
87/197
2020 |
172/197
2015 |
| GDP per capita, PPP |
$12,300
2016 |
$1,155
2015 |
| Government debt | n/a |
$6.87B
2015 |
| Debt-to-GDP ratio | n/a |
63.2%
2025 |
| Government debt per person | n/a |
$618
2015 |
| Government debt per person rank | n/a |
159/185
2015 |
| Average annual personal income after taxes |
$3,584
2025 |
$1,540
2025 |
| 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 |
26.7%
2025 |
| 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 |
10937204
|
12387398
|
GDP per capita in Cuba vs South Sudan
Cuba's GDP per capita is $9,605, ranking 87/197, compared to $1,080 in South Sudan, ranking 172/197. Adjusted for purchasing power (GDP per capita PPP), Cuba ranks 122nd at $12,300, while South Sudan ranks 196th at $1,155.
| Year | Current $ | |||
|---|---|---|---|---|
|
Cuba
|
South Sudan
|
|||
| GDP per capita | GDP per capita, PPP | GDP per capita | GDP per capita, PPP | |
| 1970 | $645 | - | - | - |
| 1971 | $770 | - | - | - |
| 1972 | $892 | - | - | - |
| 1973 | $1,079 | - | - | - |
| 1974 | $1,217 | - | - | - |
| 1975 | $1,374 | - | - | - |
| 1976 | $1,441 | - | - | - |
| 1977 | $1,472 | - | - | - |
| 1978 | $1,837 | - | - | - |
| 1979 | $2,006 | - | - | - |
| 1980 | $2,031 | - | - | - |
| 1981 | $2,046 | - | - | - |
| 1982 | $2,114 | - | - | - |
| 1983 | $2,222 | - | - | - |
| 1984 | $2,386 | - | - | - |
| 1985 | $2,257 | - | - | - |
| 1986 | $2,365 | - | - | - |
| 1987 | $2,440 | - | - | - |
| 1988 | $2,632 | - | - | - |
| 1989 | $2,566 | - | - | - |
| 1990 | $2,694 | - | - | - |
| 1991 | $2,269 | - | - | - |
| 1992 | $2,048 | - | - | - |
| 1993 | $2,063 | - | - | - |
| 1994 | $2,613 | - | - | - |
| 1995 | $2,785 | - | - | - |
| 1996 | $2,282 | - | - | - |
| 1997 | $2,306 | - | - | - |
| 1998 | $2,332 | - | - | - |
| 1999 | $2,562 | $1,700 | - | - |
| 2000 | $2,751 | $1,700 | - | - |
| 2001 | $2,843 | - | - | - |
| 2002 | $3,005 | $2,300 | - | - |
| 2003 | $3,203 | $2,900 | - | - |
| 2004 | $3,399 | $3,000 | - | - |
| 2005 | $3,786 | $3,500 | - | - |
| 2006 | $4,330 | $4,000 | - | - |
| 2007 | $4,807 | $11,000 | - | - |
| 2008 | $4,986 | $9,500 | $1,654 | $2,887 |
| 2009 | $5,089 | $9,700 | $1,323 | $2,911 |
| 2010 | $5,272 | $10,200 | $1,498 | $2,948 |
| 2011 | $6,104 | - | $1,449 | $2,718 |
| 2012 | $6,471 | - | $1,109 | $1,417 |
| 2013 | $6,828 | - | $1,650 | $1,917 |
| 2014 | $7,147 | - | $1,243 | $1,373 |
| 2015 | $7,728 | - | $1,080 | $1,155 |
| 2016 | $8,111 | $12,300 | - | - |
| 2017 | $8,611 | - | - | - |
| 2018 | $8,911 | - | - | - |
| 2019 | $9,232 | - | - | - |
| 2020 | $9,605 | - | - | - |
Inflation comparison by year
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.
| Year | Inflation | ||
|---|---|---|---|
|
Cuba
|
South Sudan
|
Cuba
|
South Sudan
|
| 1999 | 0.3% | - | |
| 2000 | - | - | |
| 2001 | - | - | |
| 2002 | 7.1% | - | |
| 2003 | 4.1% | - | |
| 2004 | 3.1% | - | |
| 2005 | 7% | - | |
| 2006 | 5% | - | |
| 2007 | 3.1% | - | |
| 2008 | 3.4% | - | |
| 2009 | -0.5% | 5.01% | |
| 2010 | 0.7% | 1.17% | |
| 2011 | 4.7% | 46.9% | |
| 2012 | 5.5% | 45.5% | |
| 2013 | 6% | -0.06% | |
| 2014 | - | 1.67% | |
| 2015 | 4.4% | 52.8% | |
| 2016 | 4.5% | 380% | |
| 2017 | - | 187.9% | |
| 2018 | 5.5% | 83.5% | |
| 2019 | 5.5% | 87.2% | |
| 2020 | 5.5% | 29.7% | |
| 2021 | - | 10.5% | |
| 2022 | - | -6.69% | |
| 2023 | - | 2.38% | |
| 2024 | - | 91.4% | |
Balance of trade
|
Cuba
|
South Sudan
|
|
|---|---|---|
Current account balance
|
n/a |
$578M
2023 |
| Current account balance ranking | n/a |
58/189
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 |
64.6%
2023 |
28.9%
2015 |
| Exports of goods and services, % of GDP |
43.5%
2023 |
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 | 25.4 | 41 |
| Economic freedom ranking | 195/197 | 186/197 |
| Property rights | 29.9 | n/a |
| Government integrity | 33.4 | n/a |
| Judicial effectiveness | 14.3 | n/a |
| Tax burden | 51.9 | n/a |
| Government spending | 0 | n/a |
| Fiscal health | 0 | n/a |
| Business freedom | 42.3 | 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 |
More economic indicators
|
Cuba
|
South Sudan
|
|
|---|---|---|
| Services, % of GDP |
70%
2023 |
56.6%
2015 |
| Industry, % of GDP |
27.5%
2023 |
33.1%
2015 |
| Agriculture, forestry, and fishing, % of GDP |
1.31%
2023 |
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
|
n/a |
$42M
2017 |
| Poverty at national poverty lines | n/a |
66%
2020 |
|
Gross capital formation, % of GDP
|
9.88%
2020 |
5.75%
2015 |
GDP per capita map
GDP per capita
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Economy comparisons
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.