Cuba has a GDP of $107B compared to $19.8M for the Vatican, ranking 69/197 and 197/197 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
|
Vatican
|
|||
| 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 | - | - |
| 2009 | $57,481,481,481 | $74,107,509,498 | - | - |
| 2010 | $59,562,962,963 | $75,878,940,053 | - | - |
| 2011 | $68,990,000,000 | $78,005,296,225 | - | - |
| 2012 | $73,141,000,000 | $80,357,078,126 | - | - |
| 2013 | $77,148,000,000 | $82,564,971,264 | - | - |
| 2014 | $80,656,100,000 | $83,429,902,609 | - | - |
| 2015 | $87,132,800,000 | $87,132,800,000 | - | - |
| 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
|
Vatican
|
|
|---|---|---|
| Gross domestic product |
$107B
2020 |
$19.8M
2025 |
| GDP rank |
69/197
2020 |
197/197
2025 |
| GDP growth |
3.79%
2019-2020 |
n/a |
| GDP per capita |
$9,605
2020 |
$19,800
2025 |
| GDP per capita rank |
87/197
2020 |
59/197
2025 |
| GDP per capita, PPP |
$12,300
2016 |
$39,191
2025 |
| Average annual personal income after taxes |
$3,584
2025 |
$17,307
2025 |
| Government expenditure, % of GDP |
49%
2025 |
n/a |
| Consumer prices inflation |
5.5%
2019-2020 |
n/a |
| Unemployment rate |
1.7%
2018 |
n/a |
| Population |
10937204
|
949
|
Balance of trade
Economic freedom indices
The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.
|
Cuba
|
Vatican
|
|
|---|---|---|
| Economic freedom | 25.4 | 65 |
| Economic freedom ranking | 195/197 | 68/197 |
| 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
|
Vatican
|
|
|---|---|---|
| Services, % of GDP |
70%
2023 |
n/a |
| Industry, % of GDP |
27.5%
2023 |
n/a |
| Agriculture, forestry, and fishing, % of GDP |
1.31%
2023 |
n/a |
GNI, Atlas method
|
$101B
2019 |
n/a |
| Total reserves including gold |
$144M
1960 |
n/a |
| Total reserves ranking |
173/177
1960 |
n/a |
|
Gross capital formation, % of GDP
|
9.88%
2020 |
n/a |
GDP per capita map
GDP per capita
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Economy comparisons
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.
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.