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Cuba vs Spain: Economic Indicators Comparison

Spain with a GDP of $1.4T ranked the 14th largest economy in the world, while Cuba ranked 64th with $100B. By GDP 5-years average growth and GDP per capita, Spain and Cuba ranked 104th vs 130th and 34th vs 82nd, respectively.

Gross Domestic Product & Income

StatCubaSpain
GDP$100B$1.4T
GDP growth, 1 year2.3%2.5%
GDP growth, 5-years average2%2.7%
Population11.3M46.5M
GDP per capita$8.8k$30k
GDP per capita growth2.26%2.07%
Purchasing Power Parity conversion factor0.320.65
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.76
GDP per capita, PPP adjusted$14k$40k
GNI, Atlas method$84.8B$1.4T
GNI per capita$7.5k$29k
GNI, PPP adjustedN/A$1.9T
GNI per capita, PPP adjustedN/A$40k

Financial system and Human development

StatCubaSpain
Income Tax Rate50%45%
Corporate Tax Rate30%25%
Inflation, consumer prices6.9%1.7%
Inflation, GDP deflator1%1.1%
Unemployment2.3%15.5%
Economic Freedom Index26.966.9
Personal Freedom Index5.48.95
Human Freedom Index5.28.22
Property Rights Index20.174.9
Judical Effectiveness Index1051.8
Business Freedom Index2066.8
Fiscal Health Index14.862.6
Labor Freedom Index2057.7
Investment Freedom Index1085
Financial Freedom Index1070
Trade Freedom Index65.686.4
Monetary Freedom Index64.182
Government Spending Index048.3
Tax Burden Index49.562.1
Government Integrity Index38.755.1
Corruption Perceptions Index4758
Life expectancy at birth, years78.783.3
Suicide mortality rate, per 100,000 people13.98.7
Mortality caused by road traffic injury, per 100,000 people8.54.1
Intentional homicides, per 100,000 people50.7
International tourism, number of arrivals4.7M82.8M

Government debt & reserves

StatCubaSpain
Central government debt, % of GDP51%97%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/A9.1%
Gross savings, % of GDPN/A22.3%
Gross capital formation, % of GDP12%20.4%
Total reserves including gold$144M$70.6B
Foreign direct investment net inflowsN/A$49.1B

Exports, imports and economic structure

StatCubaSpain
Exports of goods and services, % of GDP14.5%35.1%
Imports of goods and services, % of GDP12.6%32.4%
Current account balance (balance of payments)N/A$27.3B
Revenue excluding grants, % of GDPN/A15.7%
Grants excluding technical cooperation, BoP$510.6MN/A
Personal remittances receivedN/A$3.4B
Industry including construction value added, % of GDP25.1%20%
Agriculture, forestry and fishing value added, % of GDP3.8%2.8%
Charges for the use of intellectual property, payments BoPN/A$6.6B
Charges for the use of intellectual property, receipts BoPN/A$2.5B
Expense, % of GDPN/A18.8%
Government Expenditure, % of GDP64.8%41.5%

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
South Africa
$6.4k
57.7M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M

Spain vs

CountryGDP
per capita
Population
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k
South Korea
$31k
51.1M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Saint Kitts and Nevis
$19k
54.2k
Lithuania
$19k
2.79M