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Economy of Cuba vs Vatican compared: GDP & Debt

Updated on by Georank team

Cuba has a GDP of $107B compared to $19.8M for the Vatican, ranking 69/197 and 197/197 by economy size, respectively.

Cuba vs Vatican GDP by year

Cuba
Vatican
1x
Year GDP, current $
Cuba Vatican
2020 $107,352,000,000 -
2019 $103,427,600,000 -
2018 $100,050,036,100 -
2017 $96,850,649,700 -
2016 $91,370,407,900 -
2015 $87,132,800,000 -
2014 $80,656,100,000 -
2013 $77,148,000,000 -
2012 $73,141,000,000 -
2011 $68,990,000,000 -
2010 $59,562,962,963 -
2009 $57,481,481,481 -
2008 $56,302,129,630 -
2007 $54,262,870,370 -
2006 $48,835,925,926 -
2005 $42,643,836,100 -
2004 $38,203,000,000 -
2003 $35,901,200,000 -
2002 $33,590,500,000 -
2001 $31,682,400,000 -
2000 $30,565,400,000 -
1999 $28,364,615,200 -
1998 $25,736,331,200 -
1997 $25,365,908,100 -
1996 $25,017,368,700 -
1995 $30,429,803,651 -
1994 $28,448,326,757 -
1993 $22,367,254,865 -
1992 $22,085,858,243 -
1991 $24,316,556,026 -
1990 $28,645,436,569 -
1989 $27,023,468,666 -
1988 $27,458,999,472 -
1987 $25,213,935,012 -
1986 $24,226,574,634 -
1985 $22,920,490,774 -
1984 $24,039,383,608 -
1983 $22,204,940,512 -
1982 $20,953,510,235 -
1981 $20,150,254,096 -
1980 $19,912,889,861 -
1979 $19,584,443,288 -
1978 $17,844,705,325 -
1977 $14,206,158,675 -
1976 $13,789,579,903 -
1975 $13,027,415,244 -
1974 $11,405,957,317 -
1973 $9,987,709,650 -
1972 $8,135,150,892 -
1971 $6,914,658,400 -
1970 $5,693,005,200 -

Data sources: World Bank | Economy & Growth (1970–2020, retrieved 2026-04-06).

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

Economic indicators

Cuba Vatican
Gross domestic product
$107B
2020
$19.8M
2025
GDP rank
69/197
2020
197/197
2025
GDP growth
-1.06%
2023-2024
n/a
GDP per capita
$9,605
2020
$19,800
2025
GDP per capita rank
86/197
2020
59/197
2025
GDP per capita, PPP
$12,300
2016
$39,191
2025
GDP per capita PPP rank
124/197
2016
59/197
2025
Average annual personal income after taxes
$3,075
2026
$18,169
2026
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
10894785
936

Balance of trade

Cuba Vatican
Imports of goods and services, % of GDP
82.4%
2024
n/a
Exports of goods and services, % of GDP
42.5%
2024
n/a

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 25.2 65
Economic freedom ranking 195/197 69/197
Property rights 27.7 n/a
Government integrity 33 n/a
Judicial effectiveness 16 n/a
Tax burden 51.9 n/a
Government spending 0 n/a
Fiscal health 0 n/a
Business freedom 41.4 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

Other economic metrics

Cuba Vatican
Services, % of GDP
73.4%
2024
n/a
Industry, % of GDP
23.8%
2024
n/a
Agriculture, forestry, and fishing, % of GDP
1.24%
2024
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
Net outflows of foreign direct investment
$0
2024
n/a
Gross capital formation, % of GDP
9.87%
2020
n/a

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/vatican | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-04-06)
  2. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  3. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  4. Central Intelligence Agency (CIA) (2016–2025, retrieved 2026-02-20)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. 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.

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.

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.