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Economy of Cuba vs Tunisia compared: GDP & Debt

Updated on by Georank team

Cuba has a GDP of $107B compared to $51.3B for Tunisia, ranking 69/197 and 93/197 by economy size, respectively.

Cuba vs Tunisia GDP by year

Cuba
Tunisia
1x
Year GDP, current $
Cuba Tunisia
2024 - $51,332,285,657
2023 - $48,205,328,303
2022 - $44,929,920,093
2021 - $47,073,234,359
2020 $107,352,000,000 $42,491,780,918
2019 $103,427,600,000 $41,905,642,419
2018 $100,050,036,100 $42,686,504,460
2017 $96,850,649,700 $42,163,530,591
2016 $91,370,407,900 $44,360,072,680
2015 $87,132,800,000 $45,779,494,042
2014 $80,656,100,000 $50,271,812,921
2013 $77,148,000,000 $48,685,446,414
2012 $73,141,000,000 $47,311,401,813
2011 $68,990,000,000 $48,123,325,825
2010 $59,562,962,963 $46,206,091,938
2009 $57,481,481,481 $43,455,740,497
2008 $56,302,129,630 $44,859,439,902
2007 $54,262,870,370 $38,915,353,867
2006 $48,835,925,926 $34,376,664,601
2005 $42,643,836,100 $32,272,186,695
2004 $38,203,000,000 $31,183,885,241
2003 $35,901,200,000 $27,453,902,261
2002 $33,590,500,000 $23,141,616,605
2001 $31,682,400,000 $22,065,832,449
2000 $30,565,400,000 $21,473,528,161
1999 $28,364,615,200 $22,943,202,175
1998 $25,736,331,200 $21,802,893,587
1997 $25,365,908,100 $20,746,210,354
1996 $25,017,368,700 $19,587,161,807
1995 $30,429,803,651 $18,030,876,599
1994 $28,448,326,757 $15,633,174,304
1993 $22,367,254,865 $14,608,335,608
1992 $22,085,858,243 $15,496,708,060
1991 $24,316,556,026 $13,074,782,609
1990 $28,645,436,569 $12,290,568,182
1989 $27,023,468,666 $10,101,851,745
1988 $27,458,999,472 $10,096,245,762
1987 $25,213,935,012 $9,696,715,911
1986 $24,226,574,634 $9,017,806,654
1985 $22,920,490,774 $8,410,226,053
1984 $24,039,383,608 $8,254,541,195
1983 $22,204,940,512 $8,350,582,748
1982 $20,953,510,235 $8,133,580,052
1981 $20,150,254,096 $8,428,445,294
1980 $19,912,889,861 $8,744,134,354
1979 $19,584,443,288 $7,188,863,904
1978 $17,844,705,325 $5,968,460,080
1977 $14,206,158,675 $5,109,324,009
1976 $13,789,579,903 $4,508,191,942
1975 $13,027,415,244 $4,328,965,588
1974 $11,405,957,317 $3,545,868,575
1973 $9,987,709,650 $2,730,813,385
1972 $8,135,150,892 $2,237,556,149
1971 $6,914,658,400 $1,685,162,272
1970 $5,693,005,200 $1,439,238,095
1969 - $1,289,904,762
1968 - $1,214,666,667
1967 - $1,085,714,286
1966 - $1,040,952,381
1965 - $991,047,619
1964 - $1,025,866,792
1963 - $1,026,737,600
1962 - $880,027,733
1961 - $866,155,429

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

GeoRank.org/economy/cuba/tunisia | CC BY

GDP per capita in Cuba vs Tunisia by year

Cuba
GDP per capita

GDP per capita, PPP
Tunisia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cuba Tunisia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $4,181 $14,521
2023 - - $3,951 $14,041
2022 - - $3,707 $13,619
2021 - - $3,907 $12,444
2020 $9,605 - $3,549 $11,918
2019 $9,232 - $3,529 $12,495
2018 $8,911 - $3,628 $11,841
2017 $8,611 - $3,619 $11,289
2016 $8,111 $12,300 $3,848 $10,994
2015 $7,728 - $4,015 $10,783
2014 $7,147 - $4,459 $10,947
2013 $6,828 - $4,370 $10,672
2012 $6,471 - $4,297 $10,615
2011 $6,104 - $4,421 $10,436
2010 $5,272 $10,200 $4,292 $10,555
2009 $5,089 $9,700 $4,080 $10,237
2008 $4,986 $9,500 $4,255 $9,975
2007 $4,807 $11,000 $3,727 $9,479
2006 $4,330 $4,000 $3,323 $8,729
2005 $3,786 $3,500 $3,147 $8,117
2004 $3,399 $3,000 $3,067 $7,672
2003 $3,203 $2,900 $2,726 $7,098
2002 $3,005 $2,300 $2,321 $6,715
2001 $2,843 - $2,236 $6,593
2000 $2,751 $1,700 $2,199 $6,279
1999 $2,562 $1,700 $2,376 $5,930
1998 $2,332 - $2,285 $5,579
1997 $2,306 - $2,202 $5,333
1996 $2,282 - $2,107 $5,040
1995 $2,785 - $1,968 $4,686
1994 $2,613 - $1,733 $4,555
1993 $2,063 - $1,649 $4,401
1992 $2,048 - $1,785 $4,292
1991 $2,269 - $1,538 $3,975
1990 $2,694 - $1,476 $3,780
1989 $2,566 - $1,239 -
1988 $2,632 - $1,266 -
1987 $2,440 - $1,245 -
1986 $2,365 - $1,187 -
1985 $2,257 - $1,135 -
1984 $2,386 - $1,143 -
1983 $2,222 - $1,184 -
1982 $2,114 - $1,177 -
1981 $2,046 - $1,247 -
1980 $2,031 - $1,324 -
1979 $2,006 - $1,113 -
1978 $1,837 - $946 -
1977 $1,472 - $830 -
1976 $1,441 - $752 -
1975 $1,374 - $741 -
1974 $1,217 - $624 -
1973 $1,079 - $493 -
1972 $892 - $415 -
1971 $770 - $320 -
1970 $645 - $280.5 -
1969 - - $257.7 -
1968 - - $248.9 -
1967 - - $228 -
1966 - - $223.8 -
1965 - - $217.3 -
1964 - - $228.5 -
1963 - - $231.9 -
1962 - - $201.4 -
1961 - - $200.7 -

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06); Central Intelligence Agency (CIA) (1999–2016, retrieved 2026-02-20).

GeoRank.org/economy/cuba/tunisia | CC BY

Cuba's GDP per capita is $9,605, ranking 86/197, compared to $4,181 in Tunisia, ranking 129/197. Adjusted for purchasing power (GDP per capita PPP), Cuba ranks 124th at $12,300, while Tunisia ranks 114th at $14,521.

Economic indicators

Cuba Tunisia
Gross domestic product
$107B
2020
$51.3B
2024
GDP rank
69/197
2020
93/197
2024
GDP growth
-1.06%
2023-2024
1.61%
2023-2024
GDP per capita
$9,605
2020
$4,181
2024
GDP per capita rank
86/197
2020
129/197
2024
GDP per capita, PPP
$12,300
2016
$14,521
2024
GDP per capita PPP rank
124/197
2016
114/197
2024
Government debt n/a
$42.8B
2024
Debt-to-GDP ratio n/a
83.4%
2024
Government debt per person n/a
$3,487
2024
Government debt per person rank n/a
94/185
2024
Average annual personal income after taxes
$3,075
2026
$3,951
2026
Market capitalization of domestic companies n/a
$8.3B
2024
Income share by richest 10% n/a
27%
2021
Income share by poorest 10% n/a
3.1%
2021
Government expenditure, % of GDP
49%
2025
33.8%
2024
Consumer prices inflation
5.5%
2019-2020
7%
2023-2024
Central bank interest rate n/a
7.5%
2025
Unemployment rate
1.7%
2018
15.1%
2023
Population
10894785
12437803

Inflation comparison by year

Inflation
Cuba

Tunisia
1x
Year Consumer prices inflation
Cuba Tunisia
2024 - 7%
2023 - 9.3%
2022 - 8.3%
2021 - 5.7%
2020 5.5% 5.6%
2019 5.5% 6.7%
2018 5.5% 7.3%
2017 - 5.3%
2016 4.5% 3.6%
2015 4.4% 4.4%
2014 - 4.6%
2013 6% 5.3%
2012 5.5% 4.6%
2011 4.7% 3.2%
2010 0.7% 4.4%
2009 -0.5% 3.5%
2008 3.4% 4.9%
2007 3.1% 3.4%
2006 5% 4.1%
2005 7% 2%
2004 3.1% 3.7%
2003 4.1% 2.7%
2002 7.1% 2.7%
2001 - 1.9%
2000 - 2.8%
1999 0.3% 2.8%
1998 - 3.1%
1997 - 3.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); Central Intelligence Agency (CIA) (1999–2020, retrieved 2026-02-20).

GeoRank.org/economy/cuba/tunisia | CC BY

Over the past 22 years, Cuba has recorded an average annual inflation rate of 4.16%, compared with 4.07% in Tunisia. In 2020, inflation was 5.5% in Cuba and 7% in Tunisia.

Top exports between countries

Cuba
Export category Export value
Chemicals & pharma $24K
Tunisia
Export category Export value
Processed food, beverages & tobacco $227K
Textiles & consumer goods $87K

Balance of trade

Cuba Tunisia
Current account balance n/a
-$775M
2024
Current account balance ranking n/a
117/190
2024
Current account balance, % of GDP n/a
-1.51%
2024
Goods imports n/a
$18.7B
2024
Goods exports n/a
$8.95B
2024
Service imports n/a
$3.92B
2024
Service exports n/a
$11.2B
2024
Imports of goods and services, % of GDP
82.4%
2024
56.3%
2024
Exports of goods and services, % of GDP
42.5%
2024
50%
2024

Economic freedom indices

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

Cuba Tunisia
Economic freedom 25.2 48.1
Economic freedom ranking 195/197 172/197
Property rights 27.7 55.7
Government integrity 33 42.1
Judicial effectiveness 16 39.7
Tax burden 51.9 68.5
Government spending 0 62.5
Fiscal health 0 16
Business freedom 41.4 59.4
Labor freedom 20 55.8
Monetary freedom 20 72.4
Trade freedom 72.8 54.6
Investment freedom 10 20
Financial freedom 10 30

Economic freedom comparison by year

Cuba
Tunisia
1x
Year Economic freedom index
Cuba Tunisia
2026 25.2 48.1
2025 25.4 49.1
2024 25.7 48.8
2023 24.3 52.9
2022 29.5 54.2
2021 28.1 56.6
2020 26.9 55.8
2019 27.8 55.4
2018 31.9 58.9
2017 33.9 55.7
2016 29.8 57.6
2015 29.6 57.7
2014 28.7 57.3
2013 28.5 57
2012 28.3 58.6
2011 27.7 58.5
2010 26.7 58.9
2009 27.9 58
2008 27.5 60.1
2007 28.6 60.3
2006 29.3 57.5
2005 35.5 55.4
2004 34.4 58.4
2003 35.1 58.1
2002 32.4 60.2
2001 31.6 60.8
2000 31.3 61.3
1999 29.7 61.1
1998 28.2 63.9
1997 27.8 63.8
1996 27.8 63.9
1995 27.8 63.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/cuba/tunisia | CC BY

The Economic Freedom Index for Cuba is 25.2, ranking 195/197, compared to 48.1 for Tunisia, ranking 172/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cuba Tunisia
Services, % of GDP
73.4%
2024
62.6%
2024
Industry, % of GDP
23.8%
2024
22.6%
2024
Agriculture, forestry, and fishing, % of GDP
1.24%
2024
9.74%
2024
GNI, Atlas method
$101B
2019
$47.7B
2024
GNI per capita, PPP n/a
$14,230
2024
Total reserves including gold
$144M
1960
$9.34B
2024
Total reserves ranking
173/177
1960
80/177
2024
Net foreign direct investment n/a
-$725M
2024
Net inflows of foreign direct investment n/a
$760M
2024
Net outflows of foreign direct investment
$0
2024
$34.6M
2024
Servicing debt to the IMF, % of GNI n/a
10.9%
2024
Poverty at national poverty lines n/a
16.6%
2021
Gross capital formation, % of GDP
9.87%
2020
7.86%
2024

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/tunisia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-04-06)
  2. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. Central Intelligence Agency (CIA) (1999–2020, retrieved 2026-02-20)
  5. International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20)
  6. TradeMap (2021–2023, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

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.