Cuba vs Turkey: Economic Indicators Comparison

Turkey with a GDP of $771.4B ranked the 19th largest economy in the world, while Cuba ranked 64th with $100B. By GDP 5-years average growth and GDP per capita, Turkey and Cuba ranked 36th vs 130th and 78th vs 82nd, respectively.

Gross Domestic Product & Income

StatCubaTurkey
GDP$100B$771.4B
GDP growth, 1 year2.3%2.6%
GDP growth, 5-years average2%4.9%
Population11.5M82M
GDP per capita$8.8k$9.4k
GDP per capita growth2.26%1.31%
Purchasing Power Parity conversion factor0.321.61
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.33
GDP per capita, PPP adjusted$14k$28k
GNI, Atlas method$84.8B$858.1B
GNI per capita$7.5k$10k
GNI, PPP adjustedN/A$2.3T
GNI per capita, PPP adjustedN/A$28k

Financial system and Human development

StatCubaTurkey
Income Tax Rate50%35%
Corporate Tax Rate30%22%
Inflation, consumer prices6.9%16.3%
Inflation, GDP deflator1%16.4%
Unemployment2.3%10.9%
Economic Freedom Index26.964.4
Personal Freedom Index5.46.97
Human Freedom Index5.26.96
Property Rights Index20.157.4
Judical Effectiveness Index1053.7
Business Freedom Index2067
Fiscal Health Index14.886.1
Labor Freedom Index2049.2
Investment Freedom Index1070
Financial Freedom Index1060
Trade Freedom Index65.678
Monetary Freedom Index64.166.1
Government Spending Index064.1
Tax Burden Index49.576.7
Government Integrity Index38.744.6
Corruption Perceptions Index4741
Life expectancy at birth, years78.777.2
Suicide mortality rate, per 100,000 people13.97.3
Mortality caused by road traffic injury, per 100,000 people8.512.3
Intentional homicides, per 100,000 people54.3
International tourism, number of arrivals4.7M45.8M

Government debt & reserves

StatCubaTurkey
Central government debt, % of GDP51%29.1%
External debt stocks, % of GNIN/A59%
External debt stocksN/A$445.1B
Short-term debt, % of total reservesN/A124.1%
Total debt service, % of exports and primary incomeN/A36.7%
Adjusted net savings including particulate emission damage, % of GNIN/A11.4%
Gross savings, % of GDPN/A27.1%
Gross capital formation, % of GDP12%29.6%
Total reserves including gold$144M$93B
Foreign direct investment net inflowsN/A$13.1B

Exports, imports and economic structure

StatCubaTurkey
Exports of goods and services, % of GDP14.5%29.5%
Imports of goods and services, % of GDP12.6%30.6%
Current account balance (balance of payments)N/A-$27B
Revenue excluding grants, % of GDPN/A30.7%
Grants excluding technical cooperation, BoP$510.6M$1.3B
Personal remittances receivedN/A$1.1B
Industry including construction value added, % of GDP25.1%29.5%
Agriculture, forestry and fishing value added, % of GDP3.8%5.8%
Charges for the use of intellectual property, payments BoPN/A$726M
Charges for the use of intellectual property, receipts BoPN/A$29M
Expense, % of GDPN/A33.9%
Government Expenditure, % of GDP64.8%34.6%

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
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k

Turkey vs

CountryGDP
per capita
Population
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M